Why teach? How to assess? How to teach? What to teach? ASSESSMENT AND FEEDBACK Learning Material Preparation MET PERFORMANCE TASK As implied by the Minimum Standards, the teaching of every core subject shall lead to the development of the learners’... Communication skills Thinking skills (Critical & Problem Solving) Technology skills Communication Based on the Culminating Performance Standard of the Applied Economics With the skills that shall be championed by Applied Economics and together with the other skills implied by the Minimum Standards, Communicatio What in the n Skills long run after completing the subject can learners Thinking do on their Skills (Critical own with & Problem what they Solving) learned? In the long run, PT of the Applied Economics GOAL – The task is to come up with an authentic product or an innovation of an existing one. The product must be able to address the needs and meet the demands of the current Philippine market where it will be released. By using the GRASPS characteristics of a PT, identify the standards & Criteria for Success Based on the Standards & Criteria for Success in completing the PT, what Enabling Formative Assessment Activities will enable the student to successfully complete the Performance Task? EFAA1: The Feasibility output completely shows levels of feasibility and fully describes and supports the business plan with evidence. Feedback Mechanism (Assessment FOR Learning) A. Guide the students in the process of doing the different parts of the Business Plan, B. Constantly reminding the students in Feedback Mechanism (Assessment AS Learning) What studentcentered flexible teaching modality will lead towards the completion of the EFAA? A. Enhance teamwork and effectiveness Online/Offlin e Task Completion What Formative Questions shall lead to the completion of EFAA? What Topic(s) ensure the development of the desired skills? Contemporary Economic Issues Facing the Filipino Entrepreneur Industry and Environmental Analysis: Business Opportunities Identification and Technology skills (Creative & Innovation) Problem Solving skills Communicati on and Technology skills (Creative & Innovation) Collaboration skills Collaboratio n skills the students shall be able to develop the skills of young Entrepreneurs and to make a business plan that contains new and innovative business ideas. These business ideas can lead positive outcome that could help them contribute to economic development What real life situation can learners put themselves in where they can perform the transfer goal? Content ROLE - The role is for the students to become budding entrepreneurs. They will set up a company that can either be a sole proprietorship, partnership, or corporation. They also have to identify if it is a service, Grammar and merchandising, or Syntax manufacturing business. AUDIENCE - The target audience is a group of investors who are well-known business magnates in the Philippines. SITUATION - You previously worked as a manager in a The students will multinational be able to company. You have develop the learned from social skills of an media that a reality Entrepreneur, TV show is looking wherein they will for applicants to use the business present their EFAA2: The output completely and accurately contains all required parts of the business plan. EFAA3: No grammatica l errors. Writing style is easy for the readers to follow.. complying the performance task. C. Giving constructive feedbacks on the progress of their performance task Socioeconomic Impact Study principles, tools, and techniques in addressing the different business threats. Moreover, the students will be able to develop business plan to attract investors. business plans to several magnates who are part of the show. As part of the elimination process, you need to present your business plan to the magnates, who are your potential investors. PRODUCT The product is a business plan that you will present in front of possible business investors. Before the actual presentation, you need to submit a complete and welldesigned business plan with the following parts I. Executive Summary A. Concept B. Location C. Execution D. Financing II. Introduction and Presentation EFAA4: The whole business plan is clear, organized, and professiona l. Background Information A. Introduction 1. Company History 2. Nature of Business B. Personal Information 1. Personal Skills and Expertise 2. Personal Financial Capability C. Mission - Vision Statement D. Core Values E. Business Goals and Objectives III. Environmental Scanning A. Industry Analysis 1. Political Factors 2. Economic Factors 3. Sociocultural Factors 4. Technological Factors 5. Environmental Factors B. SWOT Analysis C. Target Market Analysis D. Competitor Analysis IV. Management Communication EFAA 4 The video editing and presentation skills effectively send the intended message/top ic as a whole. and Organization Structure A. Form of Ownership B. Management Philosophy C. Key Management and Personnel 1. Organizational Structure 2. Management and personnel Duties and Responsibilities V. Production Plan A. Operations Management Philosophy B. Facility Layout 1. Production Layout 2. Store Layout C. Production Process D. Production Costs E. Operations Management Practices VI. Marketing Plan A. Positioning (Branding) B. Product C. Price D. Promotion VII. Financial Plan A. Start-up Expenses and Budget B. Projected Income Statement C. Projected Balance Sheet STANDARDS The product/performanc e will be evaluated according to the following criteria: (a) Feasibility (30%); (b) Content (30%); (c) Grammar and Syntax (20%) (d) Presentation (20%). Rubric for Online Based Instructions (OBI) or Brochure for Modular Based Instruction (MBI) CRITERIA Beginning Proficiency (1) Feasibility 30% Content 30% PERFORMANCE LEVEL Developing Proficiency (2) Proficient (3) The output lacks feasibility as it fails it to describe or support the business plan with evidence. The output shows some levels of feasibility but does not fully describe and support the business plan with evidence. Less than 50% of the output accurately contains all required At least 50% of the output accurately contains all required The output shows most levels of feasibility and fully describes and supports the business plan with evidence. shows levels of feasibility and fully describes and supports the business plan At least 75% of the output accurately contains all required Advanced Proficiency (4) The output completely shows levels of feasibility and fully describes and supports the business plan with evidence. The output completely and accurately contains all required Grammar and Syntax 20% Presentation 20% parts of the business plan. parts of the business plan. parts of the business plan. parts of the business plan. There are grammatical errors on every page. Writing style lacks clarity to the point of not being understandable. The business plan is unclear, disorganized, and unprofessional. There are consistent grammatical errors. Writing style sometimes lacks clarity for the readers Some parts of the business plan are clear, organized, and professional. There are occasional grammatical errors. Writing style is easy for the readers to follow. No grammatical errors. Writing style is easy for the readers to follow. Most parts of the business plan are clear, organized, and professional. The whole business plan is clear, organized, and professional. Prepared by: Checked: MICHAEL TITOY Subject Teacher APRIL N. CENTINO Social Science Coordinator Noted: KATHRINA T. CABADOR SHS Curriculum Coordinator Approved: EDUVIGIS G. GANDIONCO Secondary School Principal