developing a business planforseniorhighschool.pptx

developing a business planforseniorhighschool.pptx

1. GRADE 12

2. DEVELOPING A BUSINESS PLAN GRADE 12

3. DEVELOPING A BUSINESS PLAN PLANNING in plain and simple language is thinking ahead. The process of thinking about and organizing the activities required to achieve a desired goal. GRADE 12

4. Objectives, strategies, financing, production, marketing, profit prospects, and growth possibilities. GRADE 12

5. BUSINESS PLANNING EXPLAINED what to do. how to do it. PLANNING when to do it. What to expect in the future. GRADE 12

6. Business Planning is a continuous process until consumer satisfaction is maximized and sustained. GRADE 12

7. BASIC PRINCIPLES OF PLANNING Planning must be realistic. Based on available resources Human, financial, and physical resources. GRADE 12

8. 2 . Planning must be based on felt needs. Should fit the needs of the people in a community. Such needs can be known through observation, personal interviews and questionnaires. GRADE 12

9. 3 . Planning must be flexible. Resources, needs and economic conditions change. Planning should be adjusted to such changes to be effective and relevant. Planning should be responsive to the trends in consumer tastes and preferences. GRADE 12

10. 4. Planning must start with simple projects. In the Philippines, most people are poor and have no business experiences. The most appropriate project for them is micro business. This requires very easy in management and technology. GRADE 12

11. PROFESSOR PHILIP KOTLER, author of Marketing Management, said they are FOUR STAGES OF BUSINESS PLANNING 1 . UNPLANNED STAGE- the owner-manager is busy looking for funds, customers, materials and equipment. He has no time for planning. His entire attention is devoted to the daily operations of his business in his intense desire to survive. GRADE 12

12. 2. BUDGETING-SYSTEM STAGE – the owner-manager realizes the need to develop and use a budgeting system. Estimated incomes from sales and expected expenditures are made. GRADE 12

13. 3. ANNUAL PLANNING STAGE – owner-manager grafts an annual plan. He use either the top-down planning or bottom-up planning. TOP-DOWN APPROACH- the owner-manager provides the goals and let the employees comply with them. Autocratic Planning BOTTOM DOWN APPROACH – he encourages his employees to participate in planning the goals and strategies of the enterprise. Democratic Planning GRADE 12

14. 4. STRATEGIC PLANNING STAGE – as the business enterprise becomes bigger, a long-range planning is needed. This is a three or five-year plan. Such plan has flexibility to able to adjust to changing conditions . GRADE 12

15. QUIZ GRADE 12

16. What planning principle do you think the businessman is using when he considers products that should meet the needs of the people in a community? Planning must be realistic. Planning must be flexible. C. Planning must be based on felt needs. D. Planning must start with simple projects.

17. 2. What type of planning do you think the Senior High School students are doing as they plan their business based on the available human, financial, and physical resources? A. Planning must be realistic. B. Planning must be flexible. C. Planning must be based on felt needs. D. Planning must start with simple projects.

18. 3. What planning principles do you think Ana Cruz applied in her business, considering she effectively planned for resources, needs, economic conditions, and consumer trends? A. Planning must be realistic. B. Planning must be flexible. C. Planning must be based on felt needs. D. Planning must start with simple projects.

19. 4. " What is the main advantage for the owner-manager in involving employees in the planning process? “ A) It leads to more control and authority for the owner-manager. B) It simplifies the decision-making process and eliminates complications. C) It fosters employee engagement, ownership, and a sense of responsibility. D) It ensures that all employees receive promotions and bonuses.

20. 5. What is the primary reason why the owner-manager is unable to focus on planning for the business? A) They are too focused on strategic development. B) They are busy securing funding, customers, materials, and equipment. C) They are not interested in the future of the business. D) They delegate all operational tasks to employees.

21. 6. Which of the following is a likely outcome of an owner-manager who encourages employees to participate in planning? A) Decreased motivation among employees to follow company guidelines. B) A lack of direction and confusion due to too many conflicting ideas. C) Employees losing focus on their daily responsibilities. D) A stronger commitment to the business’s goals from the employees.

22. 7. What is a key characteristic of autocratic planning in a business? A) Employees are encouraged to collaborate on setting goals and strategies. B) The owner-manager sets the goals and expects employees to follow them without input. C) Employees have full autonomy in deciding business goals and plans. D) The business operates without any formal goals or strategies.

23. 8. What might happen if activities are not properly organized to achieve a goal?“ A) The goal will be achieved faster with fewer resources. B)The team will feel more motivated to work independently. C) Tasks may be missed, resources may be wasted, and the goal may not be achieved. D) The process will become more efficient without any need for planning.

24. . 9. Which of the following is a characteristic of effective business planning? A) It focuses solely on short-term goals. B) It ignores the need for flexibility in response to changes. C) It outlines clear objectives, resources, and timelines for achieving goals. D) It relies on guesswork and intuition rather than data and analysi s

25. . 10 . Which of the following is a common reason why businesses fail to implement their plans successfully? A) Lack of resources or poor allocation of resources to achieve goals. B) Having a rigid, inflexible approach to planning. C) Clear communication and understanding of the plan among all stakeholders. D) A detailed, well-researched plan that includes alternative strategies.

26. 11. Which of the following best describes an innovative entrepreneur? A) Someone who focuses on stability and minimal risk-taking. B) Someone who constantly seeks new ideas, products, or services. C) Someone who prefers following established market trends. D) Someone who avoids change and prefers routine operations.

27. 12. What is a typical characteristic of an imitating entrepreneur? A) They copy the strategies of successful businesses and make slight modifications to suit local markets. B) They focus on creating unique products that have never been seen before. C) They are highly risk-tolerant and thrive in uncertain environments. D) They avoid looking at the competition and work independently on their own ideas.

28. 13. What is the primary goal of a social entrepreneur? A) To maximize profits for personal wealth. B) To build a business empire with global influence. C) To replicate existing business models for financial success. D) To create social change and solve societal problems.

29. 14. 14. What is the purpose of a "Market Analysis" when developing a business plan? a) To evaluate the company’s financial performance b) To understand the potential customers and competitors in the industry c) To create a marketing budget d) To identify the company’s internal weaknesses

30. 15. When planning to start a business, why should you define your target market? a) To decide what products to sell b) To determine your brand’s values c) To know who you will sell to and how to tailor your marketing efforts d) To estimate the number of employees you will need

31. MATCH COLUMN A TO COLUMN B Henry Sy A. Star Mall Andrew Tan B. JG Summit Tony Tan Caktiong C. Ayala Group Manuel Villar D. LT Group Jaime Zobel De Ayala E. San Miguel Lucio Tan F. Jollibee George Ty G. Metro Bank Ramon Ang H. Shoe Mart (SM) John Gokongwei Jr I. Alliance Global Enrique Razon Jr. J. International Container Terminal Services GRADE 12

32. 4. According to the survey in the Philippines, most of the people are poor and no business experiences and the most appropriate project for them is micro business. What do you think is the planning fit for them? GRADE 12

33. CRITERIA OF EFFECTIVE PLANNING 1. The plan should state clearly its objectives. Such clear statement is necessary so that those who will be involved in the execution of the plan will understand, believe, accept and support it. GRADE 12

34. 2 . The plan should provide measures for a satisfactory accomplishment of the objectives in terms of quantity, quality and cost. 3. The plan should state the policies which should guide in attaining the objectives. GRADE 12

35. 4. The plan should indicate what department or agencies involved in accomplishing the objectives. It may or maybe out the procedures for performing the required wo rk. GRADE 12

36. 5 . The plan should indicate the time which should be allowed for each activity. It may be necessary to establish a target data for completing the activity. GRADE 12

37. 6 . The plan should specify the required resources and their corresponding costs. GRADE 12

38. 7 . The plan should designate the officers who will be held accountable for the accomplishment of the objectives. Sufficient authority should be delegated to such officers/ executives. GRADE 12

39. THE END GRADE 12