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| WK | LSN | TOPIC | SUB-TOPIC | OBJECTIVES | T/L ACTIVITIES | T/L AIDS | REFERENCE | REMARKS |
|---|---|---|---|---|---|---|---|---|
| 2 | 1 |
DEMAND AND SUPPLY
|
Definition of demand, effective demand and law of demand
|
By the end of the
lesson, the learner
should be able to:
- Define demand and effective demand with examples -Distinguish between desire and demand using real scenarios -Explain purchasing power concept and its importance -State the law of demand with detailed explanation -Identify and explain ceteris paribus assumption -Apply law of demand to various commodity examples |
- Brainstorming on demand meaning using market scenarios -Group discussions on desire vs demand with case studies -Analysis of purchasing power using local examples -Guided discovery of law of demand through price experiments -Role play: buyer behavior at different price levels -Practical applications using bread, milk, transport examples |
Textbook, charts, local commodity examples, market scenarios
|
Trendy Business Studies Form 3 Pg 1-3
|
|
| 2 | 2 |
DEMAND AND SUPPLY
|
Demand schedule, demand curve and interpretation
Factors influencing demand - comprehensive analysis Movement along demand curve vs shift in demand curve |
By the end of the
lesson, the learner
should be able to:
- Prepare individual and market demand schedules -Interpret demand schedule data and relationships -Draw demand curves from demand schedules -Explain downward sloping nature of demand curves -Plot and identify specific points on demand curves -Compare individual vs market demand curves -Analyze Table 1.1 bread example in detail |
- Practical preparation of demand schedules using textbook data -Step-by-step construction of demand curves -Analysis and interpretation of Table 1.1 -Guided plotting of Figure 1.2 with explanations -Group work on creating different demand schedules -Calculations and graph work with various commodities -Discussion on slope significance and market implications |
Textbook, graph papers, rulers, calculators, Table 1.1 data
Textbook, case studies, examples of complementary goods, cultural scenarios Graph papers, textbook, rulers, colored pens, Figure 1.3 and 1.4 |
Trendy Business Studies Form 3 Pg 3-4
|
|
| 2 | 3 |
DEMAND AND SUPPLY
|
Types of demand with detailed examples and applications
Meaning of supply, law of supply and supply schedule Supply curve and factors influencing supply Movement along supply curve, shift in supply curve and types of supply |
By the end of the
lesson, the learner
should be able to:
- Define joint demand with comprehensive examples -Explain derived demand with industrial applications -Describe composite demand with multiple uses -Identify competitive demand with substitute examples -Analyze relationships between different demand types -Apply demand types to Kenyan economic scenarios -Examine how demand types affect pricing -Discuss implications for producers and consumers -Create demand type classification charts |
- Detailed analysis of joint demand (tea-sugar, bread-butter) -Case studies on derived demand (machinery-raw materials) -Discussion on composite demand (cotton for blankets/clothes) -Analysis of competitive demand (matatus vs buses) -Group work creating demand type examples -Role play showing different demand relationships -Construction of demand type classification charts -Practical applications to local business scenarios |
Textbook, charts, local examples, case studies, Figure 1.5
Textbook, calculators, Table 1.2 data, charts, supplier examples Graph papers, textbook, rulers, Figure 1.6, case studies, technology examples Graph papers, textbook, rulers, colored pens, Figures 1.7 and 1.8, agricultural examples |
Trendy Business Studies Form 3 Pg 5-6
|
|
| 2 | 4 |
DEMAND AND SUPPLY
|
Equilibrium price, equilibrium quantity and market analysis
Excess demand, excess supply and market disequilibrium |
By the end of the
lesson, the learner
should be able to:
- Define equilibrium price and quantity concepts -Explain equilibrium point in market context -Use combined demand and supply schedules -Determine equilibrium from Table 1.3 pen example -Draw combined demand-supply curves -Identify equilibrium point graphically -Analyze Figure 1.9 in comprehensive detail -Explain market stability and price mechanism -Calculate equilibrium values from different scenarios |
- Detailed analysis of Table 1.3 pen example -Step-by-step calculations for equilibrium determination -Guided construction of combined demand-supply curves -Analysis of Figure 1.9 with intersection point identification -Discussion on market stability and forces -Practical exercises with different commodity examples -Group work on equilibrium calculations -Role play: market reaching equilibrium |
Textbook, calculators, graph papers, rulers, Table 1.3 data, Figure 1.9
Textbook, calculators, market examples, shortage/surplus scenarios |
Trendy Business Studies Form 3 Pg 10-12
|
|
| 3 | 1 |
DEMAND AND SUPPLY
|
Effects of changes in demand on equilibrium
|
By the end of the
lesson, the learner
should be able to:
- Explain effects of increase in demand on equilibrium -Analyze rightward shift of demand curve impacts -Draw diagrams showing demand increase effects -Examine effects of decrease in demand on equilibrium -Analyze leftward shift of demand curve impacts -Draw diagrams showing demand decrease effects -Compare increase vs decrease effects -Predict new equilibrium positions -Apply to real market situations with examples |
- Guided analysis of demand increase using Figure 1.10 -Step-by-step drawing of rightward demand shift -Analysis of price rising from OP₁ to OP₂ -Examination of quantity increase from OQ₁ to OQ₂ -Detailed analysis of demand decrease using Figure 1.11 -Drawing of leftward demand shift -Discussion on lowering effects on price and quantity -Comparison exercises between increase and decrease -Practical applications to consumer behavior changes |
Graph papers, textbook, rulers, colored pens, Figures 1.10 and 1.11
|
Trendy Business Studies Form 3 Pg 12-14
|
|
| 3 | 2 |
DEMAND AND SUPPLY
|
Effects of changes in supply on equilibrium
Simultaneous changes in demand and supply |
By the end of the
lesson, the learner
should be able to:
- Explain effects of increase in supply on equilibrium -Analyze rightward shift of supply curve impacts -Understand mixed effects on price and quantity -Examine effects of decrease in supply on equilibrium -Analyze leftward shift of supply curve impacts -Draw detailed diagrams showing supply change effects -Compare supply increase vs decrease effects -Predict equilibrium changes for each scenario -Apply to production and market scenarios |
- Guided analysis of supply increase using Figure 1.12 -Step-by-step drawing of rightward supply shift -Analysis of price falling due to excess supply -Examination of quantity increase due to more supply -Detailed analysis of supply decrease using Figure 1.13 -Drawing of leftward supply shift -Discussion on price rising due to shortage -Analysis of quantity decrease due to less supply -Comparison exercises and practical applications |
Graph papers, textbook, rulers, colored pens, Figures 1.12 and 1.13
Graph papers, textbook, rulers, colored pens, Figures 1.14-1.17 |
Trendy Business Studies Form 3 Pg 14-16
|
|
| 3 | 3 |
DEMAND AND SUPPLY
SIZE AND LOCATION OF A FIRM |
Other price determination methods and pertinent issues
Concept of firm and industry, factors determining size of firm |
By the end of the
lesson, the learner
should be able to:
- Identify alternative price determination methods -Explain government price control mechanisms -Describe manufacturer price fixing approaches -Analyze cost-plus pricing and profit margin considerations -Define hoarding and overpricing practices -Explain artificial shortage creation -Analyze unscrupulous trading practices -Discuss customer supremacy and business ethics -Examine honest vs dishonest business practices |
- Discussion on government price control in Kenya -Case studies on controlled commodity prices -Analysis of cost-plus pricing calculations -Examination of hoarding practices and effects -Discussion on artificial shortage creation -Case studies on overpricing and customer exploitation -Analysis of undercutting and monopolistic behavior -Group work on business ethics and customer value -Role play: honest vs unscrupulous business practices |
Textbook, case studies, government pricing examples, business ethics scenarios
Textbook, local business examples, charts, case studies |
Trendy Business Studies Form 3 Pg 14-16
|
|
| 3 | 4 |
SIZE AND LOCATION OF A FIRM
|
Factors limiting firm size and production decisions
|
By the end of the
lesson, the learner
should be able to:
- Identify and explain factors limiting firm size -Analyze market size impact on firm expansion -Examine availability of factors of production -Discuss nature of product/service limitations -Evaluate owner's decision impact on firm size -Explain entrepreneurial decisions on production -Analyze factors influencing what to produce -Examine demand, resources and skills requirements -Discuss technology, returns and cost considerations |
- Case studies on transport industry reforms 2004 -Discussion on medical care and hairdressing services -Analysis of owner preferences for small-scale operations -Group work on production decision factors -Examination of market demand analysis -Discussion on resource availability for production -Analysis of skill requirements for different businesses -Case studies on technology choice decisions |
Textbook, transport industry examples, service business cases, charts
|
Trendy Business Studies Form 3 Pg 19-20
|
|
| 4 | 1 |
SIZE AND LOCATION OF A FIRM
|
Government policies and location factors - comprehensive analysis
Transport networks, security and localization concepts |
By the end of the
lesson, the learner
should be able to:
- Analyze government policy effects on production -Examine taxation and legal compliance requirements -Identify and explain factors influencing firm location -Analyze nearness to raw materials importance -Examine supply of skilled, semi-skilled and unskilled labor -Discuss nearness to market considerations -Evaluate availability of social amenities -Assess auxiliary services and infrastructure needs -Examine fuel, power and water source requirements |
- Discussion on government tax policies and regulations -Case studies on illegal product restrictions -Analysis of location factors using Figure 2.1 -Examination of heavy materials transport costs -Discussion on perishable goods location needs -Group work on labor type requirements -Analysis of social amenities for employee morale -Case studies on banking and insurance services -Discussion on power and water availability |
Textbook, government policy examples, Figure 2.1, infrastructure maps
Textbook, transport maps, security examples, agricultural cases |
Trendy Business Studies Form 3 Pg 20-22
|
|
| 4 | 2 |
SIZE AND LOCATION OF A FIRM
|
Advantages and disadvantages of localization
Delocalisation policy and implementation |
By the end of the
lesson, the learner
should be able to:
- Identify and explain employment creation through localization -Analyze service industries development benefits -Examine subsidiary industries creation -Discuss economies of scale benefits -Evaluate development and urbanization advantages -Analyze congestion and overpopulation problems -Examine increased crime rate issues -Discuss adverse environmental problems -Evaluate unbalanced regional development effects -Assess massive unemployment possibilities |
- Discussion on employment opportunities creation -Analysis of specialized service industries growth -Case studies on subsidiary industries development -Group work on large-scale production benefits -Examination of infrastructure development -Discussion on rural-urban migration effects -Analysis of congestion and health hazards -Case studies on crime and prostitution increases -Examination of environmental pollution problems -Discussion on regional development imbalances |
Textbook, employment data, environmental examples, urban planning cases
Textbook, government policy documents, rural development cases |
Trendy Business Studies Form 3 Pg 23-24
|
|
| 4 | 3 |
SIZE AND LOCATION OF A FIRM
|
Advantages and disadvantages of delocalisation
|
By the end of the
lesson, the learner
should be able to:
- Analyze balanced economic development benefits -Examine raw materials market creation -Discuss employment creation in many parts -Evaluate service delivery to rural areas -Assess urbanization acceleration benefits -Analyze social problems reduction -Examine difficulty in attracting required personnel -Discuss challenges in accessing essential services -Evaluate pollution and social evils spread -Assess tax burden on government and taxpayers |
- Discussion on balanced economic development -Analysis of local raw materials market creation -Case studies on rural employment creation -Group work on rural service delivery improvement -Examination of rural urbanization acceleration -Discussion on reduced social problems -Analysis of personnel attraction difficulties -Case studies on essential services access -Examination of pollution spread to rural areas -Discussion on government incentive costs |
Textbook, rural development examples, cost-benefit analysis
|
Trendy Business Studies Form 3 Pg 25
|
|
| 4 | 4 |
SIZE AND LOCATION OF A FIRM
|
Economies of scale - internal economies comprehensive analysis
External economies and specialization benefits |
By the end of the
lesson, the learner
should be able to:
- Define economies of scale and their importance -Distinguish between internal and external economies -Analyze purchasing economies and bulk buying benefits -Examine technical economies and specialized machinery -Discuss staff economies and specialized personnel -Evaluate financial economies and access to capital -Analyze selling and marketing economies -Examine staff welfare economies and employee benefits -Discuss research economies and development benefits -Evaluate inventory and transport economies |
- Definition and explanation of economies concept -Analysis of bulk purchasing discounts -Case studies on specialized machinery benefits -Discussion on specialized staff advantages -Examination of asset-based borrowing capacity -Group work on marketing advantages -Analysis of employee welfare provision -Case studies on research and development -Discussion on inventory management benefits -Examination of transport cost advantages |
Textbook, business examples, machinery illustrations, financial cases
Textbook, industry examples, infrastructure maps, specialization cases |
Trendy Business Studies Form 3 Pg 25-27
|
|
| 5 | 1 |
SIZE AND LOCATION OF A FIRM
|
Diseconomies of scale - internal and external
Existence of small firms and their advantages |
By the end of the
lesson, the learner
should be able to:
- Define diseconomies of scale and their causes -Analyze Figure 2.2 LAC curve and diminishing returns -Examine internal diseconomies affecting single firms -Discuss marketing diseconomies and limited markets -Analyze management diseconomies and complexity -Examine factor market diseconomies and shortages -Discuss overhead diseconomies and rising costs -Evaluate technical diseconomies and capacity utilization -Analyze external diseconomies affecting all firms -Examine congestion, raw material and skilled labor shortages |
- Analysis of Figure 2.2 and cost curve explanation -Discussion on average cost increases -Case studies on marketing difficulties -Examination of management complexity problems -Group work on factor shortage effects -Analysis of overhead cost increases -Discussion on equipment underutilization -Case studies on industry-wide problems -Examination of congestion and traffic costs -Discussion on power shortages and rationing |
Textbook, Figure 2.2, cost analysis examples, industry cases
Textbook, small business examples, market analysis, comparison charts |
Trendy Business Studies Form 3 Pg 28-29
|
|
| 5 | 2 |
SIZE AND LOCATION OF A FIRM
|
Environmental impact and health implications
|
By the end of the
lesson, the learner
should be able to:
- Identify production activities' environmental effects -Analyze environmental degradation from farming -Examine desertification from deforestation -Discuss air pollution from industrial activities -Analyze water pollution from factory chemicals -Examine solid waste pollution problems -Evaluate community health endangerment -Discuss disease vector habitat creation -Analyze respiratory diseases from air pollution -Examine aquatic life extermination effects |
- Discussion on environmental degradation causes -Analysis of soil fertility reduction -Case studies on deforestation effects -Examination of mining dust and factory gases -Group work on water pollution sources -Discussion on chemical drainage effects -Analysis of garbage disposal problems -Case studies on community health effects -Examination of disease vector habitats -Discussion on long-term environmental damage |
Textbook, environmental examples, health data, pollution cases
|
Trendy Business Studies Form 3 Pg 30-31
|
|
| 5 | 3 |
SIZE AND LOCATION OF A FIRM
|
Maintaining healthy environment and business responsibility
Pertinent issues - workers' rights and child labor |
By the end of the
lesson, the learner
should be able to:
- Identify ways to maintain healthy environment -Analyze business responsibility to society -Examine environmental conservation for future generations -Discuss value addition to environment concept -Evaluate general cleanliness and hygiene maintenance -Analyze pollution control measures -Examine appropriate farming and technology use -Discuss afforestation and re-afforestation activities -Evaluate appropriate mining and fishing techniques -Assess environmental law observance requirements |
- Discussion on business environmental responsibility -Analysis of environmental conservation importance -Case studies on value addition to environment -Group work on cleanliness maintenance methods -Examination of pollution control techniques -Discussion on appropriate farming methods -Analysis of afforestation programs -Case studies on sustainable mining practices -Examination of environmental law compliance -Discussion on protective equipment provision |
Textbook, environmental conservation examples, law documents
Textbook, labor law documents, case studies, Children's Act |
Trendy Business Studies Form 3 Pg 31-32
|
|
| 5 | 4 |
SIZE AND LOCATION OF A FIRM
PRODUCT MARKETS |
Environmental degradation, localization effects and practical applications
Introduction and meaning of market |
By the end of the
lesson, the learner
should be able to:
- Analyze environmental degradation from production -Examine waste disposal and pollution control -Discuss global warming contribution -Evaluate localization concentration effects -Analyze unplanned urban development -Examine congestion and housing shortages -Discuss crime and prostitution increases -Evaluate government intervention needs -Apply all concepts to real business situations -Prepare comprehensive assessment review |
- Discussion on environmental responsibility -Analysis of waste disposal methods -Case studies on global warming effects -Group work on localization problems -Examination of urban planning challenges -Discussion on social problem increases -Analysis of government intervention strategies -Practical application exercises -Comprehensive review of all concepts -Assessment preparation activities |
Textbook, environmental cases, urban planning examples, assessment materials
Textbook, market examples, charts |
Trendy Business Studies Form 3 Pg 32-33
|
|
| 6 | 1 |
PRODUCT MARKETS
|
Essential features and product market definition
|
By the end of the
lesson, the learner
should be able to:
- Identify presence of sellers and buyers -Examine commodity for sale requirements -Analyze acceptable medium of exchange -Define product markets comprehensively -Classify markets by area, commodity and scale |
- Discussion on market features -Analysis of seller-buyer requirements -Case studies on exchange mediums -Group work on product market definition -Classification exercises on market types |
Textbook, market scenarios, classification charts
|
Trendy Business Studies Form 3 Pg 40-41
|
|
| 6 | 2 |
PRODUCT MARKETS
|
Types of product markets overview
Pure competition - sellers, buyers and products |
By the end of the
lesson, the learner
should be able to:
- Identify four main product market types -Introduce perfect competition concept -Outline pure monopoly characteristics -Describe monopolistic competition features -Explain oligopoly market structure |
- Overview of all market types -Introduction to market structure concepts -Discussion on market characteristics -Group work on type identification -Preliminary analysis of each structure |
Textbook, market structure charts, examples
Textbook, competition examples, product cases |
Trendy Business Studies Form 3 Pg 41
|
|
| 6 | 3 |
PRODUCT MARKETS
|
Pure competition - restraints and factor mobility
Pure competition - costs and market knowledge |
By the end of the
lesson, the learner
should be able to:
- Explain absence of artificial restraints -Analyze price determination freedom -Examine factor mobility requirements -Discuss alternative factor uses -Evaluate geographical factor movement |
- Discussion on restraint absence -Analysis of free price determination -Case studies on factor mobility -Group work on alternative uses -Examination of factor movement |
Textbook, factor examples, mobility cases
Textbook, transport examples, information cases |
Trendy Business Studies Form 3 Pg 41-42
|
|
| 6 | 4 |
PRODUCT MARKETS
|
Perfect competition vs pure competition
|
By the end of the
lesson, the learner
should be able to:
- Distinguish perfect from pure competition -Analyze degree differences -Examine adjustment time differences -Discuss economic analysis purposes -Evaluate theoretical importance |
- Discussion on competition distinctions -Analysis of adjustment mechanisms -Case studies on market adjustments -Group work on theoretical purposes -Examination of economic analysis |
Textbook, comparison charts, theory examples
|
Trendy Business Studies Form 3 Pg 42
|
|
| 7 | 1 |
PRODUCT MARKETS
|
Criticism of perfect competition
Monopoly definition and characteristics |
By the end of the
lesson, the learner
should be able to:
- Analyze homogeneous product rarity -Examine consumer variety preferences -Discuss large-scale operation tendencies -Evaluate firm location realities -Assess government interference presence |
- Discussion on perfect competition limitations -Analysis of product variety needs -Case studies on scale economies -Group work on location factors -Examination of government intervention |
Textbook, criticism examples, reality cases
Textbook, monopoly examples, Figure 3.1 |
Trendy Business Studies Form 3 Pg 42-43
|
|
| 7 | 2 |
PRODUCT MARKETS
|
Causes of monopoly - ownership and technical factors
Causes of monopoly - market and business factors |
By the end of the
lesson, the learner
should be able to:
- Analyze factor ownership monopoly -Examine production technique ownership -Discuss exclusive technical know-how -Evaluate resource control effects -Assess capital requirement barriers |
- Discussion on ownership monopoly -Analysis of technique control -Case studies on technical know-how -Group work on resource control -Examination of capital barriers |
Textbook, ownership examples, capital cases
Textbook, market examples, merger cases |
Trendy Business Studies Form 3 Pg 43
|
|
| 7 | 3 |
PRODUCT MARKETS
|
Advantages and disadvantages of monopoly
|
By the end of the
lesson, the learner
should be able to:
- Identify massive profit advantages -Analyze government revenue benefits -Examine price stability benefits -Discuss poor quality problems -Evaluate limited variety and exorbitant pricing |
- Discussion on monopoly advantages -Analysis of government revenue -Case studies on price stability -Group work on quality problems -Examination of pricing issues |
Textbook, advantage/disadvantage examples
|
Trendy Business Studies Form 3 Pg 44-45
|
|
| 7 | 4 |
PRODUCT MARKETS
|
Monopolistic competition - definition and features
Monopolistic competition - product differentiation |
By the end of the
lesson, the learner
should be able to:
- Define monopolistic competition -Analyze competition-monopoly combination -Examine many buyers and sellers -Discuss similar but differentiated products -Evaluate real-life market relevance |
- Discussion on monopolistic competition -Analysis of market combination -Case studies on buyers/sellers -Group work on product differentiation -Examination of real market examples |
Textbook, competition examples, Kenyan cases
Textbook, differentiation examples, brand cases |
Trendy Business Studies Form 3 Pg 45
|
|
| 8 |
Mid Term |
|||||||
| 9 | 1 |
PRODUCT MARKETS
|
Monopolistic competition - operations and interdependence
Oligopoly - definition and characteristics |
By the end of the
lesson, the learner
should be able to:
- Analyze free entry and exit -Examine firm interdependence -Discuss non-price competition -Evaluate price setting considerations -Assess competitive responses |
- Discussion on entry/exit freedom -Analysis of firm interactions -Case studies on non-price competition -Group work on price setting -Examination of competitive responses |
Textbook, operation examples, competition cases
Textbook, oligopoly examples, rivalry cases |
Trendy Business Studies Form 3 Pg 46
|
|
| 9 | 2 |
PRODUCT MARKETS
|
Oligopoly features - market control and products
|
By the end of the
lesson, the learner
should be able to:
- Analyze market share control -Examine pricing and output interdependence -Distinguish differentiated vs pure oligopoly -Discuss product homogeneity/differentiation -Evaluate substitute relationships |
- Discussion on market control -Analysis of interdependence effects -Case studies on oligopoly types -Group work on product characteristics -Examination of sugar market example |
Textbook, control examples, sugar market cases
|
Trendy Business Studies Form 3 Pg 47
|
|
| 9 | 3 |
PRODUCT MARKETS
|
Oligopoly - collusion and kinked demand curve
Kinked demand curve analysis |
By the end of the
lesson, the learner
should be able to:
- Analyze collusion and cartel formation -Examine profit maximization strategies -Define kinked demand curve -Discuss price rigidity explanation -Evaluate elastic vs inelastic curves |
- Discussion on collusion benefits -Analysis of cartel formation -Case studies on kinked demand -Group work on price rigidity -Examination of Figure 3.2 |
Textbook, collusion examples, Figure 3.2, graph papers
Textbook, price examples, elasticity cases |
Trendy Business Studies Form 3 Pg 47-48
|
|
| 9 | 4 |
PRODUCT MARKETS
|
Pertinent issues - monopoly insensitivity and hoarding
Pertinent issues - government protection and liberalization |
By the end of the
lesson, the learner
should be able to:
- Analyze customer insensitivity problems -Examine impersonal service attitudes -Discuss hoarding and overcharging -Evaluate artificial shortage creation -Assess "take it or leave it" mentality |
- Discussion on monopoly problems -Analysis of customer treatment -Case studies on hoarding practices -Group work on artificial shortages -Examination of service attitudes |
Textbook, monopoly cases, hoarding examples
Textbook, protection examples, liberalization cases |
Trendy Business Studies Form 3 Pg 48-49
|
|
| 10 | 1 |
PRODUCT MARKETS
|
Pertinent issues - cartels and overcharging
|
By the end of the
lesson, the learner
should be able to:
- Identify cartel operations -Analyze matatu operator examples -Examine petroleum product sellers -Discuss disproportionate price increases -Evaluate new entrant prevention |
- Discussion on cartel practices -Analysis of matatu operations -Case studies on petroleum cartels -Group work on pricing patterns -Examination of market barriers |
Textbook, cartel examples, matatu cases, petroleum industry
|
Trendy Business Studies Form 3 Pg 49
|
|
| 10 | 2 |
PRODUCT MARKETS
|
Pertinent issues - business integrity and honest practices
Pertinent issues - product differentiation and advertising |
By the end of the
lesson, the learner
should be able to:
- Analyze integrity requirements -Examine honest business practices -Discuss profitable honesty -Evaluate long-term vs short-term benefits -Assess ethical business conduct |
- Discussion on business integrity -Analysis of honest practices -Case studies on ethical conduct -Group work on long-term benefits -Examination of sustainable practices |
Textbook, integrity examples, ethical cases
Textbook, advertising examples, marketing cases |
Trendy Business Studies Form 3 Pg 49
|
|
| 10 | 3 |
PRODUCT MARKETS
|
Learning activities - market identification
Learning activities - trader interviews |
By the end of the
lesson, the learner
should be able to:
- Identify market types near school -Analyze local market structures -Examine trader operations -Assess competition levels -Evaluate market characteristics |
- Field visits to local markets -Market identification exercises -Analysis of market structures -Group work on trader assessment -Examination of competition patterns |
Market visit guides, observation sheets
Interview guides, data collection sheets |
Trendy Business Studies Form 3 Pg 50
|
|
| 10 | 4 |
CHAIN OF DISTRIBUTION
|
Meaning of distribution and process
|
By the end of the
lesson, the learner
should be able to:
- Define distribution and explain its derivation -Analyze the wide range of distribution activities -Examine material handling, storage, packaging and transportation -Explain how distribution bridges producer-consumer gap -Describe the process from production to consumption -Identify the role of intermediaries in distribution |
- Discussion on distribution meaning and activities -Analysis of material handling and storage -Case studies on packaging and transportation -Group work on producer-consumer gap -Examination of distribution process -Role play on intermediary functions |
Textbook, distribution examples, packaging materials
|
Trendy Business Studies Form 3 Pg 42
|
|
| 11 | 1 |
CHAIN OF DISTRIBUTION
|
Classification of intermediaries - merchant vs agent traders
Merchant traders - export/import merchants and stockist distributors |
By the end of the
lesson, the learner
should be able to:
- Classify intermediaries based on ownership -Define merchant traders and their characteristics -Analyze merchant traders' risk assumption -Define agent traders and principal relationships -Distinguish between merchant and agent traders -Examine ownership and possession concepts |
- Discussion on intermediary classification -Analysis of merchant trader characteristics -Case studies on risk assumption -Group work on agent-principal relationships -Comparison exercises between types -Practical examples of both trader types |
Textbook, trader examples, classification charts
Textbook, import/export examples, stockist cases |
Trendy Business Studies Form 3 Pg 42-43
|
|
| 11 | 2 |
CHAIN OF DISTRIBUTION
|
Agent traders - commission agents, factors and auctioneers
Non-trading agents - brokers, clearing agents and warehouse keepers |
By the end of the
lesson, the learner
should be able to:
- Define commission agents and their functions -Analyze del credere commission agents -Examine factors and their ownership characteristics -Discuss auctioneers and competitive bidding -Analyze local representatives and appointments -Evaluate trading agents' commission systems |
- Discussion on commission agent operations -Analysis of del credere agents -Case studies on factor operations -Group work on auction processes -Examination of Figure 4.1 auctioneer -Practical examples of trading agents |
Textbook, Figure 4.1, agent examples
Textbook, broker examples, warehouse cases |
Trendy Business Studies Form 3 Pg 43-44
|
|
| 11 | 3 |
CHAIN OF DISTRIBUTION
|
Role of intermediaries and channels of distribution
|
By the end of the
lesson, the learner
should be able to:
- Summarize intermediaries' comprehensive roles -Analyze purchase, sorting, grading and packaging -Examine clearance and supply facilitation -Define channels of distribution -Analyze Figure 4.2 chain of distribution -Discuss interrelated functions in chains |
- Discussion on intermediary roles -Analysis of comprehensive functions -Case studies on chain formation -Group work on Figure 4.2 analysis -Examination of function relationships -Practical examples of distribution chains |
Textbook, Figure 4.2, chain examples
|
Trendy Business Studies Form 3 Pg 45-46
|
|
| 11 | 4 |
CHAIN OF DISTRIBUTION
|
Channel levels - zero, one, two and three level channels
Four-level channels and product distribution patterns |
By the end of the
lesson, the learner
should be able to:
- Define channel levels and intermediary numbers -Analyze zero-level direct marketing -Examine one-level channels and Bata example -Discuss two-level consumer goods channels -Analyze three-level intermediary chains -Evaluate channel level selection factors |
- Discussion on channel level concepts -Analysis of Figures 4.3, 4.4, 4.5, 4.6 -Case studies on Bata Shoe Company -Group work on level comparisons -Examination of consumer goods distribution -Practical examples of all channel levels |
Textbook, Figures 4.3-4.6, Bata examples
Textbook, Figures 4.7-4.9, product examples |
Trendy Business Studies Form 3 Pg 46-47
|
|
| 12 | 1 |
CHAIN OF DISTRIBUTION
|
Choosing distribution channels - cost, availability and business factors
Product nature and market development factors |
By the end of the
lesson, the learner
should be able to:
- Analyze factors in channel selection -Examine cost considerations in channel choice -Discuss availability of distribution channels -Evaluate business objectives and policies -Analyze unique product presentation needs -Examine relationship between policies and channels |
- Discussion on channel selection factors -Analysis of cost-benefit considerations -Case studies on channel availability -Group work on business objectives -Examination of policy alignment -Practical examples of channel choice |
Textbook, channel selection examples
Textbook, product examples, market cases |
Trendy Business Studies Form 3 Pg 48-49
|
|
| 12 | 2 |
CHAIN OF DISTRIBUTION
|
Financial strength, reputation and competitive factors
|
By the end of the
lesson, the learner
should be able to:
- Analyze financial strength impact on channels -Examine reputation and goodwill effects -Discuss competitor channel performance -Evaluate consumer factors in channel choice -Analyze transport and communication networks -Examine financial support from channel operators |
- Discussion on financial considerations -Analysis of reputation effects -Case studies on competitive channels -Group work on consumer factors -Examination of infrastructure impact -Practical examples of support mechanisms |
Textbook, financial examples, competitive cases
|
Trendy Business Studies Form 3 Pg 50-51
|
|
| 12 | 3 |
CHAIN OF DISTRIBUTION
|
Choice of specific intermediary within channels
Pertinent issues - HIV/AIDS prevalence and fatigue problems |
By the end of the
lesson, the learner
should be able to:
- Analyze extent of coverage requirements -Examine continuity guarantee importance -Discuss intermediary reputation factors -Evaluate other products handled -Analyze effectiveness and reliability -Examine credibility and trading standards |
- Discussion on intermediary selection -Analysis of coverage requirements -Case studies on reputation factors -Group work on effectiveness measures -Examination of reliability factors -Practical examples of selection criteria |
Textbook, intermediary examples, selection cases
Textbook, health examples, safety cases |
Trendy Business Studies Form 3 Pg 51
|
|
| 12 | 4 |
CHAIN OF DISTRIBUTION
|
Child labor and environmental degradation issues
Bribery, corruption and ethical business practices Learning activities, research and assessment |
By the end of the
lesson, the learner
should be able to:
- Analyze child labor temptations in distribution -Examine under-age employment illegality -Discuss children's rights violations -Analyze environmental degradation from trucks -Examine pollution from distribution activities -Evaluate proper worker employment practices |
- Discussion on child labor issues -Analysis of rights violations -Case studies on environmental damage -Group work on pollution prevention -Examination of proper employment -Practical examples of responsible practices |
Textbook, child labor examples, environmental cases
Textbook, corruption examples, ethical cases Research guides, interview forms, debate materials, assessment tools |
Trendy Business Studies Form 3 Pg 52
|
|
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