Entrepreneurship

Quarter 2 – Module 6

4 M’s of Production and

Business Model
Directions: Write True if the statement is correct, otherwise, write False if the
statement is incorrect on the space provided below.

True 1. Output represents the final products from the production process and
distributed to the customers.
False 2. The 4M’s in the production operation are the materials, manpower,
machine and money.

True 3. Manpower in production operation refers to the workers involved in the

production of goods.
True 4. Product description is the marketing copy that explains what a product is and its
benefits.
True 5. Prototype is a replica of a product.
True 6. Product to produce is one of the factors to be considered in the production
method.
True 7. Educational qualifications and experience is one of the criteria in considering
manpower.
False 8. Skills and expertise is not important in considering manpower.
True 9. Benefits are the reasons why customers will decide to buy the products.
True 10. Machine refers to the manufacturing equipment.
True 11. Supplier is an entity that supplies goods and services to another
organization.
True 12. Supply chain is a system of organizations, people, activities, data and
properties involved in moving a product or service from supplierto
customer.
True 13. Business model describes the rationale of how an organization
makes, transports, and captures value in economic, social, cultural
or other contexts.
True 14. In selecting the type of equipment to purchase, the entrepreneur
may consider cost and capacity of the equipment.
False 15. Value chain is the process or activities by which a company adds cost to an
article, that includes production, promotion, and providing of after-sales
service.
Name: ____________________________________________________________

Grade and Section: __________________________________________________

GUESS THE PICTURE.

Direction: Given with the following pictures, fill in the following blanks below to
form a meaningful word. Two (2) points for each correct word.

M A N POWER MACH INES

MATERIALS M E T H O DS
Name: ____________________________________________________________

Grade and Section: __________________________________________________

Independent Activity No. 1. “In your home, when you want to eat egg
sandwich before going to school, your mother would surely prepare it for you.
Your egg sandwich would not be produced without a process.”

1. Who would be your manpower?

- My manpower would be my mother.

2. What would be your materials?

- My materials in making egg sandwich would be eggs, bread, lettuce,

ketchup, cooking oil, salt and pepper.
3. What machines or tools would you use?

- The machines that I would be using are Frying pan, Stove, oven toaster,
fork, spoon, and plate

4. What methods are needed to produce the egg sandwich? (Cooking procedure

enumerate them).

1. Prepare and gather the materials, machines and tools.

2. Wash the lettuce leaves.

3. Heat the pan in medium heat, pour a small amount of cooking oil.

4. Crack the eggs directly to the heated pan and cooked the eggs in desired
doneness.
5. While the eggs are cooking, place bread slices in the oven toaster and toast until
golden brown.

6. Once the eggs and toast are ready, place lettuce leaves on one slice of toasted
bread.

7. Add the cooked eggs on top of the lettuce.

8. Spread ketchup or any desired condiments on the other slice of toasted bread.

9. Place the condiment-covered bread slice on top of the eggs to form a sandwich.

10. Serve on a plate and enjoy.

Name: ____________________________________________________________

Grade and Section: __________________________________________________

Independent Activity No. 2: With the pictures shown below, identify

each picture whether it is Value Chain or Supply Chain.

1.Value Chain

Processing of Raw Materials (Corn)

2. Supply Chain

Product Delivery

3. Value Chain

Processing of Raw Materials (Coconut)

Name: ____________________________________________________________

Grade and Section: __________________________________________________

Complete the statements below and write your answers in your

Entrepreneurship activity notebook.

1. Manpower talks about human labor force involved in the manufacture of

products. It is considered as the most serious and main factor of production.

2. Materials _ is about raw materials necessary in the production of a

product.

3. Methods refers to the process or way of transforming raw materials to

finished products.

4. The purpose of a Product Description is to provide customers with details

around the features and benefits of the product so they’re obliged to buy.

5. It is a duplication of a product as it will be produced, which may contain such

details as color, graphics, packaging and directions. One of the necessary early

steps in the inventing method is creating a Prototype .

6. Supplier are your business partners, without them your business will not live.

7. Business Model describes the reasons of how an organization creates,

delivers, and captures value in economic, social, cultural or other contexts.

8. Business Plan is an important tool for you to have an idea about the future of

your business.

9. Executive Summary is part of the business plan which is the first to be

presented but the last to be made.

10. Marketing Section shows the design of your product/service; pricing,

where you will sell and how you will introduce your product/service to your

market.
Name: ____________________________________________________________

Grade and Section: __________________________________________________

1. Are you familiar with the picture above? Give one example of a food business

establishment that you think is famous among teenagers today.

- Yes, one example of a food business establishment that is famous

among teenagers today is Mc Donalds.

2. What do you think is the reason why this particular food business establishment

became famous amongst teens nowadays?

- The reason why this particular food business establishment became famous

among teens nowadays is because of its menu. The variety of their foods is

mostly liked by teenagers, especially their Coke Float on sunny days.

3. Do you know some other ways to enjoy their product other than coming in

personally into their store and buying their product for yourself?

- Other ways to enjoy McDonald's products include delivery via

their mobile app or through food delivery services likeFoodPanda

Grab.

4. Do you think such strategies are effective to make the business more

productive? Why or why not?

- These strategies work because they make it easier for more people to get

McDonald's food. When more people can get it easily, more people want it,

and that means McDonald's sells more and makes more profit.
Name: ____________________________________________________________

Grade and Section: __________________________________________________

Direction: Encircle the letter of your choice.

D 1. Which of the following refers to the human workforce involved in the

manufacture of products?
A. Materials B. Method C. Machine D. Manpower

A 2 . The 4M’s of production are as follows except ONE. Which one is it?
A. Management B. Manpower C. Method D. Machine

B 3. Which of the following refers to the marketing copy that explains what a
product is and why it is worth purchasing?
A. Prototype C. Business Model
B. Product description D. Suppliers
4. It represents the final products from the production process and distributed
C to the customers.
A. Input B. Supplies C. Output D. Materials

A
5. It is a replica of a product.
A. Prototype C. Business Model
B. Product description D. Suppliers
6. Which of the following refers to the system of organizations, people,
A activities, information, and resources involved in moving a product or
service from supplier to customer?
A. Supply Chain B. Value Chain C. Business model D. Prototype

B 7. Which of the following is the process or activities by which a

company adds value to an article, including production, marketing, and the
provision of after-sales service?
A. Supply Chain B. Value Chain C. Business Model D. Prototype

C 8. It describes the rationale of how an organization creates, delivers, and

captures value in economic, social, cultural or other contexts.
A. Prototype C. Business Model
B. Product description D. Suppliers

D 9. It is an entity that supplies goods and services to another organization.

A. Prototype B. Product Description C. Business Model D. Suppliers

10.Which of the following refers to the manufacturing equipment used in

A
the
production of goods or delivery of services?
A. Machine B. Manpower C. Method D. Materials
C 11.It refers to the process or technique of converting raw materials to
finished products.
A. Machine B. Manpower C. Method D. Materials

D 12. It simply refers to the raw materials needed in the production of a product.
A. Machine B. Manpower C. Method D. Materials

13. Statement I - Skills and expertise are not important in considering

B
manpower. Statement II - Benefits are the reasons why customers will decide to
buy the
products.
A. Only Statement I is true. C. Both Statements are true.
B. Only Statement II is true. D. Both Statements are false.
14.Statement I - Educational qualifications and experience is one of the criteria in
C
considering manpower.
Statement II - Product to produce is one of the factors to be considered in
method or production method.
A. Only Statement I is C. Both Statements are true.
true. D. Both Statements are false.
B. Only Statement II is true.
15.Statement I - In selecting the type of equipment to purchase, the entrepreneur
C
may consider cost and capacity of the equipment.
Statement II - The purpose of a product description is to supply customers
through details around the features and benefits of the product.
A. Only Statement I is true.
B. Only Statement II is true.
C. Both Statements are true.
D. Both Statements are false.