ENTREPRENEURSHIP
Content Standards The learner demonstrates understanding of concepts,
underlying principles, and processes of developing a business
plan.
Performance Standards The learner independently or with his/her classmates presents
an acceptable detailed lesson plan.
Learning Competencies/ Identify the market problem to be solved or the market need
Objectives Code to be met/TLE_ICTAN11/12PC-Ia-1
Session Objectives At the end of the period the students must be able to:
a. define the vision, mission, and objectives;
b. appreciate the importance of VMO in an
organization;
c. create VMO for a given business organization.
Topic Development of Business Plan: Vision, Mission, and Objectives
References Medina, Roberto G. (2011) Entrepreneurship and Small Business
Management. Second Edition.
Writing. Rex Bookstore, Inc., Metro Manila
www.communitytoolbox.com
Idea Vision, mission, and objectives play an important role in strategy
development by providing vehicles to generate and screen
strategic options.
Materials Manila Paper, Pentel Pen, Cartolina, Laptop, Pencil, Crayons and
Projector
Value VMO provide organizational identity and understanding of
business directions.
Activity 1: SKETCH YOUR FUTURE: 10 years from NOW
1. What was your feeling while doing the activity?
_______________________________________________________
_______________________________________________________
2. What are the considerations that you made when sketching or drawing?
_______________________________________________________
_______________________________________________________
Discussion:
Vision, Mission, and Objectives
Why use VMO?
• To give your organization structure and direction.
• To focus your organization's efforts.
Entrepreneurship-Module-VMO-by: GRACEANNCODOCASUNDO
The Vision- It communicates what your organization believes are the ideal conditions for
your community – how things would look if the issue important to you were perfectly
addressed. Your dream.
The Mission Statement- this refers to the basic description of the fundamental nature,
rationale, and direction of the firm.
• What is to be done and why:
The Objectives- this term refers to specific performance targets that the entrepreneurship
hopes to accomplish. The objectives define, in specific terms, how the firm’s mission will be
realized.
• To give your organization structure and direction.
• To focus your organization's efforts.
• Specific, Measurable, Attainable and Time bound.
Activity 2: “VMO Challenge”
Make or Write a vision, mission, and objectives in the given industry.
A. Internet Cafe
B. Body Fitness Gym
C. Hotel & Restaurant
RUBRICS
Category Excellent Very Good Satisfactory Needs Improvement
1
4 3 2
PARTICIPATION Shows great Participates Is distracted with Showed no
enthusiasm for well in the other things enthusiasm at all
the activity activities
TEAMWORK Respect the Works well in Needs to learn to Is unable to work well
thoughts of the group work well in the in a group. Tries to
others. group. Made an dominate others.
effort.
CONTENT Recognized the Has good Made an effort to Needs to learn to
purpose of the ideas, shares come up with an think differently and
activity and their ideas, and idea, contributed share their ideas.
contributes helps design a little to the
actively. Thinks the activity. group work
differently.
Entrepreneurship-Module-VMO-by: GRACEANNCODOCASUNDO
1. What are vision, mission, and objectives?
________________________________________________________________________
________________________________________________________________________
2. What is the importance of VMO?
________________________________________________________________________
EVALUATION
Multiple Choice: Write the letter of the correct answer.
1. This refers to the basic description of the fundamental nature, rationale, and direction of
the firm.
A. Vision B. Objectives C. Mission Statement D. Business Name
2. This term refers to specific performance targets that the entrepreneurship hopes to
accomplish. The objectives define, in specific terms, how the firm’s mission will be realized.
A. SWOT Analysis B. Strategy C. Flexibility Strategy D. Objectives
3. It communicates what your organization believes are the ideal conditions for your
community – how things would look if the issue important to you were perfectly addressed.
A. Vision B. Mission C. Objectives D. Action Plan
4. It is considered as the dream of the organization.
A. Mission B. Action Plan C. Vision D. Objectives
5. It is the “What is to be done and Why”. It should be concise, outcome-oriented and
inclusive.
A. Mission B. Vision C. Objectives D. Plan
Answer:
1. C 2.D 3.A 4. C 5.A
ASSIGNMENT (ESSAY)
1. Prepare a compilation of vision and mission statements of two companies. Provide
comments on their clarity and comprehensiveness. (1 whole sheet of paper)- 20 pts.
CONTENT/CLARITY 10
GRAMMAR 5
NEATNESS 5
TOTAL 20
Prepared by:
GRACE ANN C. CASUNDO
Teacher II-ABM
Entrepreneurship-Module-VMO-by: GRACEANNCODOCASUNDO
ACTIVITY SHEET 1
Entrepreneurship
Name: ____________________________________ Section:______
SKETCH YOUR FUTURE: 10 years from NOW
Entrepreneurship-Module-VMO-by: GRACEANNCODOCASUNDO
ACTIVITY SHEET 2
Entrepreneurship
Name: ____________________________________ Section:______
“VMO Challenge”
Make or Write a vision, mission, and objectives in the given industry.
A. Internet Café
B. Body Fitness Gym
C. Hotel & Restaurant
Entrepreneurship-Module-VMO-by: GRACEANNCODOCASUNDO
