AFA Animal Production 7 8 Quarter 1 Module 8 FINAL
AFA Animal Production 7 8 Quarter 1 Module 8 FINAL
7/8
TLE
Quarter 1 – Module 8:
Environment and Market
TLE – Grade 7/8
Alternative Delivery Mode
Quarter 1 – Module 8: Environment and Market
First Edition, 2020
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TLE
Quarter 1 – Module 8:
Environment and Market
What I Need to Know
This module was designed and written with you in mind. It is here to help
you master the nature of Animal Production. The scope of this module
permits it to be used in many different learning situations. The language
used recognizes the diverse vocabulary level of students. The lessons are
arranged to follow the standard sequence of the course. But the order in
which you read them can be changed to correspond with the textbook you
are now using.
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What I Know
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B. Direction: Identify whether it is a Product or Service form of business.
Write your answer in your notebook.
1. Meat Supply -
2. Beauty Parlor -
3. Bakeshop -
4. Veterinary Clinic –
5. Laundry Shop -
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Lesson Recognize and understand
1 the market for animal
production
Needs and Wants of People
Everyone has his or her own needs and wants. However, people have
different concepts of needs and wants. Needs in business are important
things that every individual cannot do without in a society.
These include:
1. basic commodities for consumption
2. clothing and other personal belongings
3. shelter, sanitation, and health
4. education and relaxation
Wants are desires, luxury, and extravagance that signify wealth and
an expensive way of living. Wants or desires are considered above all the
necessities of life. Some examples are the passion of every individual for:
fashion accessories, shoes, clothes; traveling around the world; eating in an
exclusive restaurant; watching movies, concerts, plays; having luxurious
cars; wearing expensive jewelry, perfume; living in impressive homes; and
others.
Here are some ways by which you may generate possible ideas for business.
1. Examine existing goods and services. Are you satisfied with the
product? What do other people who use the product say about it? How can
it be improved? There are many ways of improving a product from the way it
is made to the way it is packed and sold. You can also improve the
materials used in crafting the product. Also, you introduce new ways of
using the product, making it more useful and adaptable to the customers’
many needs. When you are improving the product or enhancing it, you are
making an innovation. You can also make an invention by introducing an
entirely new product to replace the old one.
Business ideas may also be generated by examining what goods and services
are sold outside by the community. Very often, these products are sold in a
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form that can still be enhanced or improved.
2. Examine the present and future needs. Look at and listen to what
the customers, institutions, and communities are missing in terms of goods
and services. Sometimes, these needs are already obvious and felt at the
moment. Other needs are not that obvious because they can only be felt in
the future, in the event of certain developments in the community. For
example, a town will have its electrification facility in the next six months.
Only by that time will the entrepreneur think of electrically- powered or
generated business such as a photocopier, computer service, digital
printing, etc.
3. Examine how the needs are being satisfied. Needs for the products
and services are referred to as market demand. To satisfy these needs is to
supply the products and services that meet the demands of the market. The
term market refers to whoever will use or buy the products or services, and
these may be people or institutions such as other businesses,
establishments, organizations, or government agencies.
Businesses or industries in the locality also have needs for goods and
services. Their needs for raw materials, maintenance, and other services
such as selling and distribution are good sources of ideas for business.
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5. Read magazines, news articles, and other publications on new
products and techniques or advances in technology. You can pick up new
business ideas from Newsweek, Reader’s Digest, Business Magazines, Go
Negosyo, KAB materials, Small- industry Journal. The Internet serves as a
library where you may browse and surf possible businesses. It will also
guide you on how to put the right product in the right place, at the right
price, at the right time.
You have to select the most promising one from among a hundred and
one ideas. It will be good to do this in stages. In the first stage, you screen
your ideas to narrow them down to about five choices. In the next stage,
trim down the five choices to two options. In the final stage, choose between
the two and decide which business idea is worth pursuing.
In screening your ideas, examine each one in terms of the following factors:
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Environmental Scanning
What’s In
Am I an Entrepreneur?
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What is It
Needs and wants of people are the basic indicators of the kind of a
business that you may engage in because it can serve as the measure of
your success. Some other good points that you might consider in business
undertakings are the kind of people, their needs, wants, lifestyle, culture
and tradition, and social orientation that they have.
This kind of changes being made will affect the existing principles in
business and industries that can be easily adapted to the changes in
producing the products/services to meet the needs and wants of people in
the community.
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What’s More
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What I Have Learned
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What I Can Do
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Assessment
1. Suppose that there are already similar businesses in the place where you
want to locate the business you have in mind. What can you do to make
your target market buy your product or avail your services? Would you be
considering putting up your business somewhere else? Why or why not?
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Additional Activities
Direction: List down all the probable business opportunities which you
may wish to venture in. Remember to consider the ideas and suggestions
discussed in the lesson. Use the suggested matrix below to indicate your
choice. Write your answers in your notebook.
Example: Selling Eggs or Chicken Meat
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What I Know What I Have Learned
A. 1. Need
1. A 2. Want
2. B 3. Need
3. D 4. Need
4. D 5. Need
5. C 6. Need
B. 7. Want
1. Product 8. Want
2. Product 9. Need
3. Product 10. Need
4. Service
5. Service
Answer Key
References
1. Illescas, Armando V., et.al Technology and Livelihood Education 9
Animal Production NCII Learner’s Material
2. Dr. Rojo, Luz V., et.al Effective Technology and Home Economics I & II
3. Valdez, Emmanuel S., et.al Agriculture and Fishery Arts
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