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How Are You Going To Learn?: Junior and Senior High School

This document provides an overview of key concepts and icons used in entrepreneurship lessons for junior and senior high school students. It defines entrepreneurship as observing correct practices in managing and operating a self-owned business by providing valuable goods and services. The document distinguishes between entrepreneurs as individuals practicing entrepreneurship and ordinary businesspeople. It aims to build a strong entrepreneurial foundation and pique students' interest in becoming successful entrepreneurs, while noting that understanding principles alone does not guarantee entrepreneurial success.

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Zsazsa
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Download as PDF, TXT or read online on Scribd
427 views

How Are You Going To Learn?: Junior and Senior High School

This document provides an overview of key concepts and icons used in entrepreneurship lessons for junior and senior high school students. It defines entrepreneurship as observing correct practices in managing and operating a self-owned business by providing valuable goods and services. The document distinguishes between entrepreneurs as individuals practicing entrepreneurship and ordinary businesspeople. It aims to build a strong entrepreneurial foundation and pique students' interest in becoming successful entrepreneurs, while noting that understanding principles alone does not guarantee entrepreneurial success.

Uploaded by

Zsazsa
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 4

NORTHWESTERN UNIVERSITY

Basic Education Department


Junior and Senior High School

HOW ARE YOU GOING TO LEARN?

This icon indicates the specific objectives you need


to attain at the end of each lesson.

You will find this icon before engaging to the lesson.


It tells you to carefully study the concepts,
principles, or processes discussed in the text.

This icon signals a question or set of questions about


the lesson. Write your answers in the blank spaces
provided. If you cannot answer the questions, leave it
blank.

This icon signals an activity you need to perform.

This icon introduces a list of important ideas to


remember. Read it carefully and keep it in mind.

You will find this icon at the end of every lesson. It


signals a self- assessment test. It determines how
well you achieved the objectives set in the module.

This icon tells you of an assignment you have to


perform. The quality of your output from this
assignment will determine the degree of what
you learned from this module.

You will find this icon at the very end of the lesson.
They will give you additional resources about the
lesson.

ENTREPRENEURSHIP
Module 1 Page 1
NORTHWESTERN UNIVERSITY
Basic Education Department
Junior and Senior High School

CONTENT: ENTREPRENEURSHIP

CONTENT STANDARDS:The learner demonstrates understanding of key


concepts, underlying principles and core competencies in Entrepreneurship.

PERFORMANCE STANDARDS:The learner independently creates/provides a


quality and marketable product and/or service in Entrepreneurship as
prescribes in the TESDA training regulation.

LESSON 1: NATURE AND CONCEPT OF ENTREPRENEURSHIP

At the end of this lesson, the students will be able to:

 Define entrepreneur and entrepreneurship

What comes to your mind when you hear the words


entrepreneur and entrepreneurship?

You may initially refer to an entrepreneur as a business


person and entrepreneurship as the business. Others
may specify the former to be the ordinary businessperson
and the latter to be a small-to-medium-scale business.
Some may even considered that there is no difference
between the two terms.

So what does this lesson provide for your entrepreneurial journey as a student?

1. It outlines the operational definitions of the terms entrepreneur and


entrepreneurship and makes a clear distinction between them.
2. It defines their differences in terms of concept, beliefs, understanding and
approaches adopted by an entrepreneur and an ordinary businessperson.
3. It highlights the basic theoretical concepts, principles, approaches, and
strategies used in entrepreneurship.
4. It aims to build a strong entrepreneurial foundation to pique an interest
among students to become successful entrepreneurs.

ENTREPRENEURSHIP
Module 1 Page 2
NORTHWESTERN UNIVERSITY
Basic Education Department
Junior and Senior High School

Do you imagine yourself becoming an entrepreneur and managing


your own business in the future?

Thus, acquiring basic working knowledge in entrepreneurship becomes a


necessity for you. Plain ignorance of the fundamental entrepreneurial concepts
may contribute to the failure of your endeavor.

Acquiring sufficient knowledge of entrepreneurial principles equips you with the


necessary tools in handling and maximizing entrepreneurial opportunities.
However, even an full understanding of the concepts and principles of
entrepreneurship is not assurance that you will become a successful
entrepreneur. You have to work hard to go through the whole entrepreneurial
process. Knowing the entrepreneurial principles is one thing and becoming a
successful entrepreneur is another.

So why learn entrepreneurial principles when it cannot provide you


the assurance of becoming a successful entrepreneur?

Knowing the various concepts and principles in entrepreneurship may not


completely guarantee success in a competitive position in making
entrepreneurial decision.

ENTREPRENEUR

The term “entrepreneur” originates from the


French word entreprendre which means “to
undertake”. It connotes a business paradigm which
signifies the start of a new business undertaking.
On the other hand, the term entrepreneurship
comes from the word entrepreneur. It refers to a
particular field of practice or process, as compared
to an entrepreneur which is a person practicing
entrepreneurship. Comparatively, the relationship is like that of a manager is a
person who practices correctly the concept of management.

ENTREPRENEURSHIP
Module 1 Page 3
NORTHWESTERN UNIVERSITY
Basic Education Department
Junior and Senior High School

List five names of the most Filipino famous entrepreneurs that you
know.

1. _______________________________
2. _______________________________
3. _______________________________
4. _______________________________
5. _______________________________

ENTREPRENEURSHIP

It is the art of observing correct practices in managing and operating a


self-owned wealth-creating business enterprise by providing goods and
services that are valuable to the customers. All discussions in this book are
made within the peripheral concept of this operational definition.
Understanding the correct meaning of the term dispels the doubts and
misconceptions with the definition; promotes and enhances better
comprehension of the entrepreneurial field; and helps build a strong foundation
about entrepreneurship.

ENTREPRENEURSHIP
Module 1 Page 4

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