A Detailed Lesson Plan in Applied Economics(SHS)

Prepared by: Mr. Renante S. Gibang-gibang Jr.

Learning Competency: analyze and evaluate the viability of a

business and its impact on the community (ABM_AE12II-e-g12)
Content Standard: various socioeconomic impacts of business on the following sectors: consumer,
supplier and investors, government, households, and international trade
Performance Standard: conduct a socioeconomic impact study on consumers (new product and
services); suppliers; investors (capital, income) government (tax revenues, poverty alleviation, basic
services); households (standard of living, employment) and international trade (exports and imports of
goods and services) leading to options in venturing into a business

I. Objectives
At the end of the lesson, the students must have:
1. identify and explain the effects of the various socio-economic factors affecting business and industry;
2. identify and evaluate the viability and impacts of business in the community; and
3. valued the importance evaluating the viability and impact of business in the community.

II. Subject Matter

A. Topic: Evaluating the Viability and Impact of Business in the Community
B. Reference: K to 12 Curriculum Guide in ABM. [Link] – Applied Economic Linked [Link]
C. Learning competency analyze and evaluate the viability of a business and its impact on the
community (ABM_AE12II-e-g12)
D. Resources Needed: Powerpoint presentation, handouts, papers, folder.

III. Procedure

Teacher’s Activity Student’s Activity

A. Preparation

(Prayer)
Please stand up and let’s put ourselves to the holly presence of the
lord.
(video presentation of the prayer)

(Greetings)
Good morning everyone! Good morning, Sir!
How are you today? We are good Sir.
Very good. Are you ready for our new topic this morning? Yes, Sir!

(Checking of Attendance)
But before that, secretary of the class please jot down the names of
your classmates who are absent today. Thank you.

(Short Recap) Yes, Sir.

Before we are going to proceed to our next activity, do you have
questions about the lesson we had yesterday?

B. Motivation
A short video presentation will be presented to the students. No question Sir.
The following questions will be asked:

1. What made the business successful?

2. How did it affect to the people around it?

Students answer may vary.

Based on the video presented and all the answers you shared, what
do think will be our lesson today?

Yes, Ben.

Yes, that’s correct.

How about the others? Our lesson today sir is about
Yes, Mica? making a business successful.

That is right!
Our lesson today sir will be about
Evaluating the Viability and Impact
Are you ready, class? of Business in the Community

Yes, sir!

C. Presentation

(Discussion)
Many of us are faced with business opportunities on regular basis
especially in the midst of crisis. We need to earn money to supply
our daily needs. Deciding what’s worth embracing though can be
difficult. Whether you’re starting a new business or whether
you’re trying to expand your current business with a new
opportunity, it’s vita to know how to evaluate it.

There are several factors that will help you evaluate the viability
and impact of the business. We need to remember that business
should be feasible and practical as well will have impact to the
consumers and industries.

1. Market Size
One of the important factors when evaluating a business
opportunity is market size. Research about market in your area and
figure out if there is 9 market opportunity and know how big the
market is. In putting up business, you should consider the demands
of the people. Is it fitted and will be needed by your prospect
markets?

2. Relationships
Build a good rapport to prospect investors, markets and the people
around you. Does the business opportunity have some
relationships? For example, do you have your connections that can
help you on your business? If you have someone who is
technically minded that can be helpful to your business which can
help you run the business. What is your relationship with potential
investors or customers? When you have more relationships, the
opportunity is likely to run smoothly.

3. Ability to Manage Cash Flow

Next you need to have the ability of budgeting or know how to
manage cash flow. Is there a start-up capital for your business? Is
it sufficient to fund your proposed business? Capital must be ready
and on hand so you can just ready to launch out your business in
your planned time. What about ways to keep funding the business
each month.
Figure out and study how the cash flow should be managed, and
take a look at your proposed business plan. You must put on mind
how to sustain your business after a period time.

4. Management Skillsets
What are the skillsets of those involved? If you are evaluation your
business opportunity, you need to be honest about what you bring
to the table, and what you need to make up for. This is one of the
most important factors also to ensure your business support, the
management skills. How you manage everything in the business
even your work forceand product flows. Think of this, what skills
you have or they have? Are they appropriate to the business you’re
in. do your rust the competency of your work force to make the
opportunity success?
5. Passion and Persistence
Even if there is a bit lacking of skills or talent to run your business
as long as you have the passion on it and persistence to make your
business a successful one then everything is possible. Remember
when evaluating the viability of the business, you should also
remember the impact of this to the community and to the
consumers. So then, they will trust your company as well to gain
more possible consumers. Your attitude matters!

Will you push yourself even though things get little dark? If
you’ve done your research, prepared a good business plan and you
are confidence in your team, then being able to push through is
vital.

In starting up a business, you should primary consider how ill it

helps and supply the ends of your markets. Will this be helpful for
them? A successful business will have deeper impact on your
consumers’ life and everyday whereabouts. It is important to gain
their trust for your business to smoothly operate and the more it
has an impact to individuals the more you’ll attract customers.

D. Abstraction
What is the importance of analyzing and evaluating local business
in the community?

Student’s answers may vary.

Teacher’s Activity Student’s Activity

E. Application
The class is divided in two groups. Each group will act out based
on the scenario provided. In a group, there will be business owner
and half of the group will be the customers.

The scenario:

In our town, a coffee shop called Brew Haven opened three years
ago. It is a locally owned business that sources its coffee beans
from nearby farmers and offers a cozy, modern space for people to
gather, study, and work. Brew Haven quickly became popular,
especially among students, professionals, and tourists visiting our
area.
Evaluation based on factors:
Quality of Products/Services:
Brew Haven is known for high-quality coffee and pastries. They
use organic ingredients and offer many options, like vegan pastries
and locally made milk alternatives. Customers appreciate the
consistency and freshness.
Pricing:
Their prices are slightly higher than other cafes, but most
customers feel it's justified by the quality and the environment.
Customer Service:
The staff is trained to be welcoming and knowledgeable. They
remember regular customers’ orders, which creates a strong sense
of loyalty.
Location and Accessibility:
Brew Haven is located near the town center, close to schools and
offices. There is enough parking space, and the shop is accessible
to people with disabilities.
Promotion and Advertising:
They promote through social media, highlighting their special
drinks, community events, and partnerships with local artists. They
often host open-mic nights and art shows, which attracts more
customers.
Sustainability Efforts:
Brew Haven uses biodegradable cups and encourages customers to
bring their own reusable mugs by offering a small discount. They
also compost coffee grounds and donate leftover pastries to
shelters.
Scoring Rubric

Criteria Excellent (5) Good (4) Fair (3) Needs

Improveme
nt (1-2)
Content Clear, Mostly Some Many errors;
complete, and complete; missing or little
accurate; shows minor incorrect understandin
strong errors. information. g shown.
understanding
of topic.
Creativit Very Some Little Lacks
y creative and creativity creativity. creativity;
engaging. shown. very basic.
Delivery Mostly Somewhat Hard to
Speaks clearly, clear; few unclear; understand;
confidently, hesitations. frequent very hesitant
and with hesitations. or quiet.
expression. Good Somewhat
cooperation; unclear;
minor frequent
issues. hesitations.
Teamwor Excellent Good Some Poor
k (if cooperation; cooperation; teamwork; teamwork;
group) smooth minor noticeable disorganized.
transitions. issues. issues.
Prepared Very well- Mostly Somewhat Unprepared;
ness prepared; prepared; prepared; reads
memorized minor frequent everything or
lines or ideas. reliance on reliance on forgets parts.
notes. notes.

IV. Assessment
Instruction: Write True if the statement is correct and False if it
is not. Write your answer on your sheet of paper.
___1. In evaluating the business viability, place is not a big deal in
putting up a business.
___2. The managerial skills of the owner or team is a must.
___3. A successful business has a good business plan.
___4. In managing your team, you should consider their individual
skills and talents.
___5. In evaluating the impact of your business, you must consider
customers feedbacks.
___6. You should stop your business when you have no returned
funds or profits in the first semesters of your business.
___7. A growing business is a profitable business.
___8. Good managerial skills are not necessary as long as you
have the capital.
___9. In starting up a business, you should primary consider how
ill it helps and supply the ends of your markets.
___10. Business should be feasible and practical.

Answer Key
1. False 6. False
2. True 7. True
3. True 8. False
4. True 9. True
5. True 10. True

V. Assignment
Proposed a sample business plan with your team. Remember to
name your business and consider tasking. Write it on your sheet of
paper.