Entrep-Module-5 for Teacher (1) PDF

12 Describe the 4Ms (Manpower, Method, Machine, Materials) of operations in relation to the business opportunities. ---------------------------------------------------------------------------------------------------------------- ### First Edition, 2020 **12**  -- --...

12 Describe the 4Ms (Manpower, Method, Machine, Materials) of operations in relation to the business opportunities. ---------------------------------------------------------------------------------------------------------------- ### First Edition, 2020 **12**  -- -- -- -- -- -- -- -- 1. Use the module with care. Do not put unnecessary mark/s on any part of the module. Use a separate sheet of paper in answering the exercises. 2. Don't forget to answer *What I Know* before moving on to the other activities included in the module. 3. 4. 5. 6. TITLE PAGE \-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-- i INTRODUCTORY MESSAGE \-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-- \-\-- ii For the Facilitator \-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-- ii For the learner \-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-- ii [WHAT I NEED TO KNOW \-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-- 1](%5Cl) Learning Competency \-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-- 1 Learning Objectives \-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-- 1 [WHAT I KNOW \-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-- 1](%5Cl) Task 1 1 [WHAT'S IN \-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-- 2](%5Cl) Task 2 2 [WHAT'S NEW \-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-- 3](%5Cl) Task 3 3 [WHAT IS IT \-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-- 4](%5Cl) [WHAT'S MORE \-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-- 7](%5Cl) Task 4 7 [WHAT I HAVE LEARNED \-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-- 7](%5Cl) Task 5 \-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-- 7 WHAT I CAN DO \-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-- 8 Task 6 8 [ASSESSMENT \-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-- 9](%5Cl) [GLOSSARY \-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-- 10](%5Cl) ANSWER KEYS \-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-- 11 REFERENCE LIST \-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-\-- 12 WHAT I NEED TO KNOW =================== Module 5: Describe the 4Ms (Manpower, Method, Machine, Materials) of operations in relation to the business opportunities. -------------------------------------------------------------------------------------------------------------------------- 1. Describe the 4Ms (Manpower, Method, Machine, Materials) of operations in relation to business opportunity. 2. 3. WHAT I KNOW ================================ 1. A. 2. B. 3. C. D. 4. E. F. 5. G. H. 6. I. J. 7. K. L. 8. M. N. 9. O. P. 10. Q. R. WHAT'S IN ========= WHAT'S NEW =============================== -- -- -- -- ### Explore! 1. 2. 3. 4. WHAT IS IT =============================== - Do our associates have the skill (and the will) to do what is expected of them safely, consistently and effectively? - Are our machines capable of safe and reliable output at the desired quality and rate? Do breakdowns, defects or unplanned stoppages inhibit their ability to meet that goal? - Do we have standard work methods in place which ensure and support consistent, safe production? - Do they meet the required specifications -- are there no defects and shortages? Is excess handling or movement reduced or eliminated? Are they stored appropriately?  ### But is 4Ms only for process improvement? WHAT'S MORE =========== -- -- -- -- -- -- WHAT I HAVE LEARNED ========================================= 1. 2. 3. ASSESSMENT ========== 1. In order to create a brand image for a particular product, what does a business adjust to? A. B. C. 2. D. E. F. 3. G. H. I. 4. J. K. L. 5. M. N. O. 6. P. Q. R. 7. S. T. U. 8. V. W. X. 9. How is a business most likely to increase sales of a premium branded product? Y. Z. A. 10. B. C. D. 11. Which of the following descriptions provides the best definition of the marketing mix? E. F. G. 12. The marketing mix which concerns on how much a customer pays for the goods or services being offered. H. I. J. 13. 14. K. L. M. 15. Brenda\'s Beauty Salon offers customers hair styling. This is an example of [ ]. N. O. P.  GLOSSARY ======== 1. 2. 3. 4. 5. 6. 7. 8.