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SCHEME OF WORK
Business Studies
Form 4 2025
TERM III
School


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WK LSN TOPIC SUB-TOPIC OBJECTIVES T/L ACTIVITIES T/L AIDS REFERENCE REMARKS
2 2
INTERNATIONAL TRADE
Introduction, Types and Advantages
By the end of the lesson, the learner should be able to:
Define international trade. Distinguish between bilateral and multilateral trade. State advantages of international trade. Explain how trade promotes specialization and employment.
Q/A session on local trading experiences; Brainstorming on goods Kenya exports/imports; Group discussion on trade advantages with real examples; Analysis of technology transfer cases.
World map, newspapers with trade reports, charts showing Kenya's trading partners, business magazines
KLB Secondary Business Studies Form 4, Pages 162-164
2 3
INTERNATIONAL TRADE
Disadvantages of International Trade
Computing Terms of Trade
Factors Affecting Terms of Trade
Balance of Trade and Balance of Payments Concepts
By the end of the lesson, the learner should be able to:
Identify disadvantages of international trade. Explain how trade can lead to local industry collapse. Analyze imported inflation concept. Discuss cultural and sovereignty impacts.
Guided discussion on negative trade effects; Case study analysis of textile industry challenges; Q/A on dependency problems; Group work on cultural changes due to globalization.
Newspaper cuttings on industry closures, case study materials, charts showing trade impacts
Calculators, statistical data sheets, worked examples, formula charts
Case study materials, charts comparing different economies, business magazines
Trade statistics, charts showing balance structure, newspapers with economic data
KLB Secondary Business Studies Form 4, Pages 164
2 4
INTERNATIONAL TRADE
Preparing Balance of Payments Accounts
Balance of Payments Disequilibrium
Terms of Sale in International Trade
By the end of the lesson, the learner should be able to:
Prepare balance of payments on current account. Calculate balance of payments on capital account. Determine overall balance of payments. Interpret account balances and official settlement account.
Step-by-step account preparation; Worked examples with comprehensive data; Supervised practice exercises; Group problem-solving on complex scenarios.
Account worksheets, calculators, worked examples, practice data sets
Policy documents, case study materials, charts showing correction methods
Shipping documents, cost calculation worksheets, practical scenarios, charts
KLB Secondary Business Studies Form 4, Pages 169-171
3 1
INTERNATIONAL TRADE
Credit and Import Documents
By the end of the lesson, the learner should be able to:
Explain letter of credit functions and types. Describe import licence requirements. Analyze indent procedures (open and closed). Discuss creditworthiness and banking relationships.
Examination of actual letters of credit; Discussion on import licensing procedures; Group work on indent preparation; Analysis of banking documentation requirements.
Sample letters of credit, import licence forms, indent examples, banking documents
KLB Secondary Business Studies Form 4, Pages 176-177
3 2
INTERNATIONAL TRADE
Shipping, Insurance and Commercial Documents
Specialized Trade Documents
By the end of the lesson, the learner should be able to:
Explain bill of lading purposes and features. Describe insurance policy types and certificate of origin. Analyze commercial and consular invoices. Compare airway bill with other transport documents.
Examination of actual shipping documents; Discussion on insurance requirements; Group analysis of invoice types; Comparison of transport document features.
Bill of lading samples, insurance certificates, invoice examples, document comparison charts
Document samples, flow charts, practical scenarios, case studies
KLB Secondary Business Studies Form 4, Pages 177-178
3 3
INTERNATIONAL TRADE
IMF and World Bank
African Development Institutions
By the end of the lesson, the learner should be able to:
State objectives and functions of IMF. Explain stable exchange rate maintenance and international liquidity provision. Describe World Bank objectives and development financing role. Compare IMF and World Bank functions.
Exposition of institutional backgrounds; Discussion on exchange rate stabilization; Case studies on institutional interventions; Comparison of lending terms and objectives.
Charts showing institutional structures, case study materials, project reports
ADB/ADF project reports, development case studies, institutional comparison charts
KLB Secondary Business Studies Form 4, Pages 180-182
3 4
INTERNATIONAL TRADE
Forms and Characteristics of Economic Integration
Importance and Effects of Economic Integration
By the end of the lesson, the learner should be able to:
Define economic integration. Identify and explain four forms: free trade area, customs union, common market, economic union. Compare characteristics and features of each form. Analyze progression from simple to complex integration.
Exposition of integration concept and forms; Group discussions on regional cooperation examples; Comparison of integration levels using charts; Analysis of East African integration progress.
Maps showing integration blocs, comparison charts, case study materials on regional blocs
Integration success stories, policy analysis documents, charts showing trade effects
KLB Secondary Business Studies Form 4, Pages 182-184
4 1
INTERNATIONAL TRADE
Reasons and Methods of Trade Restrictions
By the end of the lesson, the learner should be able to:
Explain reasons for trade restrictions including infant industry and strategic industry protection. Describe methods: tariffs, quotas, administrative bottlenecks, foreign exchange control. Analyze dumping prevention and employment protection.
Exposition of protection rationale with examples; Detailed explanation of restriction methods; Practical examples of tariff and quota calculations; Case studies on protection policies.
Case study materials, tariff schedules, quota examples, policy documents, calculators
KLB Secondary Business Studies Form 4, Pages 185-187
4 2
INTERNATIONAL TRADE
Advantages and Disadvantages of Trade Restrictions
Trade Liberalization and Export Processing Zones
By the end of the lesson, the learner should be able to:
State advantages of trade restrictions for domestic industries. Identify disadvantages including retaliation risks and consumer impacts. Analyze quality and price implications. Evaluate long-term effects on economic efficiency.
Balanced analysis of restriction effects; Case studies on protection outcomes and retaliation; Discussion on consumer welfare impacts; Group evaluation of policy trade-offs.
Policy analysis documents, consumer impact studies, case study materials
EPZ documentation, liberalization case studies, charts showing trade policy evolution
KLB Secondary Business Studies Form 4, Pages 187-188
4 3
INTERNATIONAL TRADE
E-commerce and Digital Trade
Forms and Importance of Economic Integration
Advantages and Disadvantages of Free Trade
By the end of the lesson, the learner should be able to:
Explain e-commerce applications in international trade. Describe online payment systems and digital transactions. Analyze advantages and challenges of digital trade. Discuss future trends in electronic commerce.
Demonstration of e-commerce platforms; Discussion on digital payment security; Group work on online trade benefits and risks; Analysis of technology impact on trade.
Computer/tablets for demonstration, e-commerce examples, online payment illustrations
Maps showing integration blocs, charts comparing integration forms, newspaper articles on regional cooperation
Case study materials on successful integration, charts showing trade effects, policy analysis documents
KLB Secondary Business Studies Form 4, Pages 189
4 4
INTERNATIONAL TRADE
Reasons for Trade Restrictions
Methods of Trade Restrictions
Advantages and Disadvantages of Trade Restrictions
By the end of the lesson, the learner should be able to:
Cite reasons for trade restrictions including infant industry protection. Explain strategic industry protection necessity. Discuss employment creation and protection through restrictions. Analyze dumping prevention and balance of trade preservation.
Exposition of protection rationale with practical examples; Case studies on infant industry protection success; Discussion on strategic industries in Kenya; Group work on employment protection policies.
Case study materials on protected industries, charts showing protection policies, newspaper articles on trade policies
Tariff schedules, quota examples, calculators, policy documents showing restriction methods
Policy analysis documents, case studies on protection outcomes, consumer impact studies
KLB Secondary Business Studies Form 4, Pages 185-187
5 1
INTERNATIONAL TRADE
ECONOMIC DEVELOPMENT AND PLANNING
ECONOMIC DEVELOPMENT AND PLANNING
ECONOMIC DEVELOPMENT AND PLANNING
Trends in International Trade
Economic Growth and Development Concepts
Characteristics of Under-development
Factors Hindering Development
By the end of the lesson, the learner should be able to:
Analyze current trends in international trade including liberalization. Explain Export Processing Zones (EPZ) concept, advantages and disadvantages. Discuss e-trade and website applications. Evaluate impact of modern technology on trade patterns.
Exposition of contemporary trade trends; Case study analysis of Athi River EPZ; Discussion on liberalization effects; Demonstration of e-commerce applications in trade.
EPZ documentation, computers/tablets for e-commerce demonstration, charts showing trade liberalization effects
Statistical data on economic indicators, charts comparing developed vs developing countries, newspaper economic reports
Statistical data on poverty and unemployment, photos showing infrastructure gaps, case study materials on developing countries
Case studies on development barriers, charts showing technology gaps, brain drain statistics
KLB Secondary Business Studies Form 4, Pages 188-189
5 2
ECONOMIC DEVELOPMENT AND PLANNING
Political, Social and Economic Institutional Factors
By the end of the lesson, the learner should be able to:
Explain how political institutions affect development progress. Analyze social institutions and cultural barriers. Discuss economic institutions and market efficiency roles. Evaluate extended family systems and work attitude impacts.
Detailed discussion on institutional roles; Case studies on governance and development correlation; Group analysis of cultural practices affecting development; Q/A on market efficiency and entrepreneurship promotion.
Governance case studies, cultural practice examples, charts showing institutional frameworks
KLB Secondary Business Studies Form 4, Pages 202-203
5 3
ECONOMIC DEVELOPMENT AND PLANNING
Development Planning Process and Objectives
Need for Development Planning and Benefits
By the end of the lesson, the learner should be able to:
Define development planning concept and importance. Explain planning process including objective establishment. State government policy objectives for long-term development. Analyze resource identification and allocation in planning.
Guided discussion on planning necessity; Exposition of systematic planning process; Group work on identifying realistic planning objectives; Analysis of Kenya's development planning experience.
Kenya's development plan documents, planning process flowcharts, resource allocation examples
Planning success case studies, foreign aid effectiveness reports, project evaluation examples
KLB Secondary Business Studies Form 4, Pages 202-204
5 4
ECONOMIC DEVELOPMENT AND PLANNING
Paper 1 Revision
Paper 1 Revision
Problems in Development Planning Implementation
Short Answer & Definition Questions
Application & Explanation Questions
By the end of the lesson, the learner should be able to:
State problems encountered in development planning at formulation stage. Explain implementation challenges including donor dependency. Analyze natural calamities impact on planning. Discuss political will and coordination problems in plan execution.
Exposition of planning challenges at different stages; Case studies on planning failures and successes; Group discussions on realistic vs over-ambitious planning; Analysis of natural disasters impact and political commitment importance.
Case studies on planning challenges, disaster impact reports, examples of successful and failed development projects
Past Paper 1 exams, marking schemes
Past Paper 1 exams, topic summaries, marking schemes
KLB Secondary Business Studies Form 4, Pages 204-206
6 1
REVISION

Paper 1 Revision
Paper 2 Revision
Paper 2 Revision
Financial Questions
Descriptive Questions
Financial & Accounting Questions
By the end of the lesson, the learner should be able to:
- Master financial calculations and reporting
-Prepare financial
-Interpret and apply financial data to solve problems
- Solve past paper financial questions in groups
-Peer review and teacher marking of solutions
Past papers with financial questions, marking schemes
Sample answers, past papers, marking schemes
Past Paper 2 exams, marking schemes, financial statement examples
Business Studies KLB Paper 1, KLB Bk 1-4, Students notes
6 2
Paper 1 Revision
Paper 2 Revision
Short Answer & Definition Questions
Application & Explanation Questions
Financial Questions
Descriptive Questions
By the end of the lesson, the learner should be able to:
- Revise key definitions and facts
-Improve accuracy in short answers
-Practice time management
- Class quiz on common terms
-Group revision as guided by the teacher
-Peer marking using marking schemes
Past Paper 1 exams, marking schemes
Past Paper 1 exams, topic summaries, marking schemes
Past papers with financial questions, marking schemes
Sample answers, past papers, marking schemes
Business Studies Paper 1, KLB Bk 1-4
6 3
Paper 2 Revision
Paper 1 Revision
Paper 1 Revision
Financial & Accounting Questions
Short Answer & Definition Questions
Application & Explanation Questions
By the end of the lesson, the learner should be able to:
- Master the rules of recording financial information
-Learn to prepare different financial reports
-Apply financial knowledge to solve problems
- Teacher shows how to prepare various financial reports
-Students work on past paper problems alone and in groups
-Teacher checks the work to ensure it's correct and gives feedback
Past Paper 2 exams, marking schemes, financial statement examples
Past Paper 1 exams, marking schemes
Past Paper 1 exams, topic summaries, marking schemes
Business Studies KLB Book 1-4
6 4
Paper 1 Revision
Paper 2 Revision
Paper 2 Revision
Paper 1 Revision
Financial Questions
Descriptive Questions
Financial & Accounting Questions
Short Answer & Definition Questions
By the end of the lesson, the learner should be able to:
- Master financial calculations and reporting
-Prepare financial
-Interpret and apply financial data to solve problems
- Solve past paper financial questions in groups
-Peer review and teacher marking of solutions
Past papers with financial questions, marking schemes
Sample answers, past papers, marking schemes
Past Paper 2 exams, marking schemes, financial statement examples
Past Paper 1 exams, marking schemes
Business Studies KLB Paper 1, KLB Bk 1-4, Students notes
7 1
Paper 1 Revision
Paper 2 Revision
Application & Explanation Questions
Financial Questions
Descriptive Questions
By the end of the lesson, the learner should be able to:
- Apply business knowledge to real business situations
-Develop clear, logical explanations
- Teacher demonstrates how to answer explanation questions
-Students answer questions on factors, reasons, and effects
-Class discussion and corrections
Past Paper 1 exams, topic summaries, marking schemes
Past papers with financial questions, marking schemes
Sample answers, past papers, marking schemes
Business Studies KLB Paper 1, KLB Bk 1-4, Students notes
7 2
Paper 2 Revision
Paper 1 Revision
Paper 1 Revision
Financial & Accounting Questions
Short Answer & Definition Questions
Application & Explanation Questions
By the end of the lesson, the learner should be able to:
- Master the rules of recording financial information
-Learn to prepare different financial reports
-Apply financial knowledge to solve problems
- Teacher shows how to prepare various financial reports
-Students work on past paper problems alone and in groups
-Teacher checks the work to ensure it's correct and gives feedback
Past Paper 2 exams, marking schemes, financial statement examples
Past Paper 1 exams, marking schemes
Past Paper 1 exams, topic summaries, marking schemes
Business Studies KLB Book 1-4
7 3
Paper 1 Revision
Paper 2 Revision
Paper 2 Revision
Paper 1 Revision
Financial Questions
Descriptive Questions
Financial & Accounting Questions
Short Answer & Definition Questions
By the end of the lesson, the learner should be able to:
- Master financial calculations and reporting
-Prepare financial
-Interpret and apply financial data to solve problems
- Solve past paper financial questions in groups
-Peer review and teacher marking of solutions
Past papers with financial questions, marking schemes
Sample answers, past papers, marking schemes
Past Paper 2 exams, marking schemes, financial statement examples
Past Paper 1 exams, marking schemes
Business Studies KLB Paper 1, KLB Bk 1-4, Students notes
7 4
Paper 1 Revision
Paper 2 Revision
Application & Explanation Questions
Financial Questions
Descriptive Questions
By the end of the lesson, the learner should be able to:
- Apply business knowledge to real business situations
-Develop clear, logical explanations
- Teacher demonstrates how to answer explanation questions
-Students answer questions on factors, reasons, and effects
-Class discussion and corrections
Past Paper 1 exams, topic summaries, marking schemes
Past papers with financial questions, marking schemes
Sample answers, past papers, marking schemes
Business Studies KLB Paper 1, KLB Bk 1-4, Students notes
8 1
Paper 2 Revision
Paper 1 Revision
Paper 1 Revision
Paper 1 Revision
Financial & Accounting Questions
Short Answer & Definition Questions
Application & Explanation Questions
Financial Questions
By the end of the lesson, the learner should be able to:
- Master the rules of recording financial information
-Learn to prepare different financial reports
-Apply financial knowledge to solve problems
- Teacher shows how to prepare various financial reports
-Students work on past paper problems alone and in groups
-Teacher checks the work to ensure it's correct and gives feedback
Past Paper 2 exams, marking schemes, financial statement examples
Past Paper 1 exams, marking schemes
Past Paper 1 exams, topic summaries, marking schemes
Past papers with financial questions, marking schemes
Business Studies KLB Book 1-4
8 2
Paper 2 Revision
Paper 1 Revision
Descriptive Questions
Financial & Accounting Questions
Short Answer & Definition Questions
By the end of the lesson, the learner should be able to:
- Develop essay-style answers in a structured format
-Organize points logically under subheadings
-Practice time-bound responses
- Brainstorm key points for common topics as guided by the teacher
-Group discussion
-Peer review and teacher marking
Sample answers, past papers, marking schemes
Past Paper 2 exams, marking schemes, financial statement examples
Past Paper 1 exams, marking schemes
Business Studies Paper 2, KLB Bk 1-4
8 3
Paper 1 Revision
Paper 2 Revision
Application & Explanation Questions
Financial Questions
Descriptive Questions
By the end of the lesson, the learner should be able to:
- Apply business knowledge to real business situations
-Develop clear, logical explanations
- Teacher demonstrates how to answer explanation questions
-Students answer questions on factors, reasons, and effects
-Class discussion and corrections
Past Paper 1 exams, topic summaries, marking schemes
Past papers with financial questions, marking schemes
Sample answers, past papers, marking schemes
Business Studies KLB Paper 1, KLB Bk 1-4, Students notes
8 4
Paper 2 Revision
Paper 1 Revision
Paper 1 Revision
Paper 1 Revision
Paper 2 Revision
Paper 2 Revision
Financial & Accounting Questions
Short Answer & Definition Questions
Application & Explanation Questions
Financial Questions
Descriptive Questions
Financial & Accounting Questions
By the end of the lesson, the learner should be able to:
- Master the rules of recording financial information
-Learn to prepare different financial reports
-Apply financial knowledge to solve problems
- Teacher shows how to prepare various financial reports
-Students work on past paper problems alone and in groups
-Teacher checks the work to ensure it's correct and gives feedback
Past Paper 2 exams, marking schemes, financial statement examples
Past Paper 1 exams, marking schemes
Past Paper 1 exams, topic summaries, marking schemes
Past papers with financial questions, marking schemes
Sample answers, past papers, marking schemes
Business Studies KLB Book 1-4

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