Republic of the Philippines

University of Eastern Philippines

UNIVERSITY OF EASTERN PHILIPPINES LABORATORY HIGH
SCHOOL
University Town, Northern Samar

MODULE 4 in
ENTREPRENEURSHI
P
Academic Year 2023-2024

Course Code: 1722801

Course Title: SHSEntrepa

This belongs to:

Name: ______________________________
Grade & Section: ____________________________

RHOAN MAE G. EDRIA

Subject Teacher
For questions or inquiries, you may contact me at this number 09518342506 or send me a private message
through messenger.
DISCLAIMER
No copyright is intended. All information and materials included in these modules are owned by
their respective copyright holders. The school and the teacher (whose name appeared on the
cover page) do not represent nor claim ownership over them.
 Career Opportunities for Entrepreneurship Graduates

Given below is only a small snapshot of what can be done by some with an
entrepreneurial degree. All these can be s source of valuable insights and hands-on
experiences that can be used either for career growth or for becoming a more effective
leader. It can also be a requisite of deciding to put up one’s own business.
1. Mid-level management
At big companies, the C-level folks develop ideas, the ground force does
the work, and mid-level management converts the idea into execution. Graduates with
entrepreneurial degrees are well suited for this opportunity.
2. Business Consultant
Business today needs consultants who can go to a client site, identify
problems and fix them. That is what an entrepreneur does, and that is why this job is a
perfect opportunity. Entrepreneurship graduates are trained to help identify things that
other may not pick up. They are also trained to know how to fix them.
3. Sales
Entrepreneurship graduates can work in sales or run the department of
any businesses. It is a requirement for entrepreneurship graduates to know-how to
represent a company, manage accounts, and follow up on leads.
4. Research and development
A good qualification to work in R&D is a training and education on
understanding of business concepts, procedures, and practices and entrepreneurship.
5. Not-for-profit fundraiser
Being able to raise funds requires understanding the importance of
business and networking relationship. This is a great place for someone with degree on
entrepreneurship because his/her experiences in studying advanced concepts can be
used to his/her advantage on the job.
6. Teacher
Those with entrepreneurship degree are qualified to teach the core
subjects in Senior High School and teach the entrepreneurial skills. They can also teach
the benefits of math to business, history to innovation, and literature to persuasive
advertising.
7. Recruiter
 College graduates who had courses that cover operations management,
leadership and a variety of others and those with entrepreneurship degree, most likely
have a keen sense of what type of person is needed to fill us a position. Compares who
use recruiters rely upon someone who is not just people-savvy, but also one who has
an in-depth business sense as well.
8. Business reporter
Entrepreneurship graduates can write articles or pick up a quick class to
learn how to write article. They can take a prime position to take the lead in covering a
local business beat. Understanding the field and concepts of business can be used to
make the business section much more interesting and appealing.
 1. Give examples of career opportunities
for entrepreneurs.
ANSWER ME
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😊 ______________________________________________
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1. Mid-level Management: The individuals have entrepreneurship degrees and can

work as managers of mid-level jobs within large companies. They act as catalysts that
convert ideas into action, linking strategy at the top level with delivery on the shop floor.

2. Business Consultant: In fact, entrepreneurs have a natural inclination toward

solution-seeking, which in turn makes them particularly good business consultants. In
addition, such consultants can assist clients to identify and tackle particular business
problems by utilizing their training in entrepreneurial thinking and problem-solving.

3. Sales: Graduates in entrepreneurship are very suitable for sales positions, which
require individuals to sell companies as well as handle accounts of clients effectively
while identifying new leads. These employees can be very profitable for any sales
department as they know business concepts and procedures.

4. Research and Development (R&D): The knowledge of entrepreneurism, as it

centers around inventions and market ideas could be advantageous for the positions of
research and development. The graduates bring about the development of new things
such as products, processes, and other strategies in a company.

5. Not-for-Profit Fundraiser: Fundraising requires good knowledge of business

management and excellent networking skills to be effective for not-for-profit
organizations. The knowledge learned by entrepreneurship graduates can enable them
to succeed in this position by expanding their understanding of business concepts.
6. Teacher: The entrepreneurship graduates are in a position of competence to
facilitate courses on subjects of entrepreneurship and business skills. For example, they
can teach them topics like innovation, the role of maths in business, the history of
entrepreneurship, and persuasive advertising.

7. Recruiter: With an entrepreneurship degree, graduates understand very critical

aspects of business operation, and leadership, among others. They are excellent
recruiters who know how to select the best personality for any particular position by
blending interpersonal skills and business sense.

8. Business Reporter: Graduates in entrepreneurship can be employed as business

reporters and follow up on local business news and activities. They can write fascinating
pieces on business as they have a thorough understanding of business concepts, which
makes it possible for them to spruce up the drier side of sections in publications.
Some Myths about Entrepreneurship
Over the years, a few myths about entrepreneurship have developed. They are
as follow:
1. Entrepreneurs like leaders, are born not made.
This does not hold true for simple reason that entrepreneurship is a
discipline compromising of models, processes and case studies. One can learn about
entrepreneurship by studying discipline.

2. Entrepreneurs are academic and social misfits

Education makes entrepreneur a true entrepreneur. Diosdado Banatao, a
Filipino version of Bill Gates took up electrical engineering and eventually graduated
cum laude. Thereafter, he pursued and completed a Master’s degree in Electrical
Engineering and Computer science at Stanford University. He developed the single-chip
controller that provided the data-link control and the transceiver in the first 10-Mbit
Ethernet CMOS.
But this description does not apply to everyone Bill Gates has been a
school drop-out and so was perceived to be an academic misfit. But not all drop outs
like Bill Gates succeed as entrepreneurs.
3. To be an entrepreneur, one needs money only.
Finance is the life-blood of an enterprise to survive and grow. But for a
good idea whose time has come, money is not a problem. Alfredo Yao is another rags-
to-riches tale of self-made businessman who rose from poverty through hard work and
determination. Alfredo Yao concocting fruit juices in his own kitchen and launched the
Zest-O orange drinks which became an instant hit.
4. To be an entrepreneur, a great idea is the ingredients.
A good or great idea shall remain an idea unless there is a proper
combination of all the resources including management.
Tony tan Caktlong ventured into the food business by buying an ice cream
parlor franchise from once famous Magnolia Ice Cream House. The one nondescript ice
cream Kiosk became Jollibee food corporation and braved the arrival of the McDonald’s
fast-food chain in the Philippines in1981.
5. One wants to be an entrepreneur as having no boss is great fun.
It is not only the boss who is demanding even an entrepreneur faces,
demanding vendors, investors, bankers and above all customers.
 Henry Sy, Sr. came to be the founder of the Philippines largest retailing
company known as SM. The acronym stands for Shoe Mart, the name of the small shoe
store business started in1958 at the Avenida, which was Manila’s most popular
commercial district during post war.
Initially, however the young businessman encountered difficulties in
finding a local shoe manufacturer who would cooperate with his idea on the kind of
shoes to sell. He was quite determined and confident I pursuing his plans because they
were mostly based on his research. He can continuously learn from his customers, his
employees, ad his suppliers and practically studied the growing needs of the Philippine
market.
 ACTIVITY 4
Satisfy the demands of the following.
1. Briefly discuss the core competencies and the factors affecting
entrepreneurship.
Entrepreneurship core competency is that set of skills, knowledge, and other
resources that entrepreneurs have towards successfully launching and operating a
business. Such competencies usually encompass creativeness, entrepreneurial spirit,
leadership, ability to identify and exploit opportunities, and inventiveness.

2. What are the functions of entrepreneurship?

There are important functions performed by an entrepreneur and these are
Innovation, Assumption Task, Research, Development of management skills,
Overcoming resistance to change, Catalyst of economic development.

3. Shed light on 5 myths about entrepreneurship.

1. Entrepreneurs Are Born, Not Made: This statement suggests that entrepreneurship is
an inherent trait, and one cannot learn to become an entrepreneur. However, the reality
is that entrepreneurship is a discipline that can be studied and learned. While some
individuals may have certain predispositions that make entrepreneurship more intuitive
for them, anyone can acquire the necessary knowledge and skills through education,
mentorship, and experience.
2. Entrepreneurs Are Academic and Social Misfits: This myth implies that
entrepreneurs are outsiders or non-conformists. In reality, entrepreneurs come from
diverse backgrounds, and education can significantly contribute to their success. The
example of Diosdado Banatao demonstrates how academic achievements can enhance
an entrepreneur's capabilities. However, not all entrepreneurs fit the stereotype of an
academic achiever, as exemplified by Bill Gates. Entrepreneurship does not have strict
prerequisites regarding education or social status.
3. Entrepreneurs Need Money Only: While financing is crucial for starting and growing a
business, it's not the sole determinant of entrepreneurial success. The example of
Alfredo Yao shows that determination, innovation, and hard work can lead to success,
even with limited initial resources. Successful entrepreneurs often find creative ways to
secure funding when their ideas have potential.
4. A Great Idea Is the Only Ingredient for Entrepreneurship: Having a great idea is
essential, but it's not sufficient to become a successful entrepreneur. Effective resource
management, including human resources and business operations, is equally vital. The
example of Tony Tan Caktiong illustrates how the proper combination of resources and
management can turn an ordinary idea into a thriving business.
5. Entrepreneurship Means Having No Boss: Entrepreneurship may provide more
autonomy, but it doesn't mean an entrepreneur has no one to answer to. Entrepreneurs
face demands from various stakeholders, including customers, suppliers, investors, and
employees. The story of Henry Sy, Sr., who founded SM, underscores the importance of
continuous learning, adaptability, and responsiveness to market needs.

4. Imagine you were hired to teach the subject on entrepreneurship to senior

high school students. Convince your students of the relevance of the
courses.
Teaching entrepreneurship to high school students is highly relevant because it
equips them with practical skills and a mindset that extends beyond business. It enables
them to create jobs, develop problem-solving abilities, manage finances, and foster
innovation. Additionally, entrepreneurship education promotes critical thinking, ethical
responsibility, and adaptability, which are valuable life skills. Students also learn about
resilience, personal growth, and networking, preparing them for success in an
increasingly competitive global job market. In essence, entrepreneurship courses
empower students to take control of their futures and make a positive impact on their
communities and the world.

5. Explain the concept of the core competencies in entrepreneurship.

The concept of core competencies in entrepreneurship revolves around the
fundamental skills, attributes, and qualities that individuals engaged in entrepreneurial
activities should possess. These core competencies encompass both the inherent traits
and learned abilities crucial for success in the realm of entrepreneurship.

6. What are the job and career opportunities for an entrepreneur? Explain
each.
1. Mid-Level Management: Entrepreneurship graduates excel at translating ideas into
execution in large companies.
2. Business Consultant: They identify and solve complex problems in client
organizations, leveraging their innovative thinking.
3. Sales: Entrepreneurship grads are effective in sales, managing accounts, and driving
business growth.
4. R&D: They contribute to research and development, applying business knowledge to
innovation.
5. Not-for-Profit Fundraiser: Their networking skills and business understanding help
secure funding for causes.
6. Teacher: They teach core subjects and entrepreneurial skills, bridging academics and
business.
7. Recruiter: Entrepreneurship grads identify the right candidates for positions, thanks to
their business acumen.
 8. Business Reporter: They cover business news comprehensively, making complex
topics accessible.
These diverse career opportunities highlight the adaptability and versatility of an
entrepreneurship degree. Graduates can choose paths in corporate management, consulting,
sales, education, journalism, and more, leveraging their entrepreneurial mindset and skills to
excel in various professional roles and contribute to different sectors of the economy.

Prepared by:

RHOAN MAE G. EDRIA

Part-time Lecturer

Approved:

MARLO D. ALVAREZ, PhD

School Principal