APPLIED ECONOMICS
Quarter 2: MODULE 2: SOCIO-ECONOMIC FACTORS AFFECTING BUSINESS AND
INDUSTRY
Performance Task:
At this point, you are now ready to apply your knowledge of what you had learned
about the socio-economic impact of a business.
1. Interview a typical mother or housewife in low-income community on
how she budgets the income of her family. Further, ask her if said family budget can
still provide for some amenities (e.g., cellphone load, DVDs) and if so, how much and
what kind? Look around the said community and find the kind and number of micro
enterprises serving its consumer needs. Identify their market problems and figure out
what you would do if you were in their shoes. (10 points)
2. Look for a successful small business in your neighborhood. Interview
the owner, find out the reasons for putting up the business, the problems
encountered, and the reasons for its success. (10 points)
3. Observe and talk to the small producers/sellers in your barangay
(farmers, fishermen, and vendors cottage industries). Is there any lack of public
infrastructure facilities that limits their operation? How this inadequacy limits their
business activities and profit? What support services do they lack and how has this
limited their business activities and profit? Have they experienced registration and
licensing delays and how they have limited their business activities and profit? What
are the possible ways to explore to minimize or even avoid the aforementioned impact?
(10 points)
You will be graded using the rubric below:
Poor (5-6 pts.) Good (7-8 pts.) Excellent (9-10 pts.)
Interview Learner generated Learner generated Learner generated in-depth
Questions basic questions questions about the questions about the owner and
about the owner owner and her his/her business. Questions
and his/her business that reflected prior research and
business. paralleled on another. knowledge of the business,
Questions were simple, allowing the owner to
but directly related to elaborate with detail. Some
the business and its questions were added during
owner. conversation.
Record of Learner gathered Learner gathered Learner gathered an abundant
Answers limited information adequate information amount of information from
from the interview. from the interview. interview. The owner's voice is
Learner paid attention heard in the responses.
to details.
Report Learner takes Learner create a short Learner created an energized
interview questions essay based on essay based on the interview.
and responses, interview. Essay is very The essay reflects the voices of
writing one to two simple and lacks any both the learner and the
paragraphs about personality. business owner.
the experience.
Reminders:
1. Make a documentation and send to our group chat during our subject time/
period to me.
2. Be courteous when conducting an interview.
3. Same barangay one output, a minimum of 3 members only.
4. You have 3 persons to interview.
5. Lastly ask permission that you are going to document during the time of your
interview and always say THANK YOU.
