Page 42 - BUSINESS STUDIES FORM 5
P. 42

Student's Book  Form Five



         Chapter Six


         Business planning
         FOR ONLINE READING ONLY




                   Introduction

            In this chapter, students will learn about identification of business
            opportunities and business plan development. The competences
            developed will enable students to develop a business plan for a
            medium-sized business.



                   Think

                   (a)   Guide the students to think-ink-pair-share about the
                        sustainability  of a business which0 has not been
                        properly planned.

                   (b)   Link the students’ responses with the intended
                        competence to be developed through this chapter.



          Identification of business opportunities

          Guide the students in manageable groups to explain the meaning of
          business ideas, business opportunities, and identify different business
          opportunities in their environment. Thereafter, guide the students to
          generate business ideas, screen, rank business ideas, and mind map
          the selected business idea on a business model, like Business Model
          Canvas (BMC).

          Learning resources
          Commerce for Ordinary Secondary Schools Form IV, and Business
          Studies for Advanced Secondary Schools textbooks, online or offline




      Business Studies for Advanced Secondary Schools  36


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