Edexcel GCSE Business 9-1 - 1.1 The dynamic nature of business- why new business ideas come about.

Edexcel GCSE Business 9-1 - 1.1 The dynamic nature of business- why new business ideas come about.

Why new business ideas come about:
• Changes in technology
• Changes in what consumers want
• Products and services becoming obsolete

How new business ideas come about:
• Original ideas
• Adapting existing products/services/ideas
This resource covers Three lessons but could be condensed into 2.
There is a power point presentation for the three lessons and handouts. My students have access to computers for the investigation tasks but you can tweak the resources for desk delivery only.
The ‘Dynamic ’ power point lesson goes through the following:
LESSON 1:
• Starter activity on Allbirds trainers
• What we mean by Dynamic nature of business
• Video clip on how headphones were invented and how their use has changed over time
• How new ideas come about through changes in technology
• Activity- students investigate new technology ideas
• Plenary- technology and its impact
LESSON 2:
• Starter- obsolete products
• How new ideas come about- original, Adapting products, consumer needs
• Research activity – students investigate 4 original ideas and see how they came about- links to articles in the power point
• Plenary – multiple choice questions
LESSON 3:
• 5,4,3,2,1 recap starter
• How new ideas come about by adapting products
• Case study on Easton LaChappelle, - a 22 year old that set up ‘Unlimited Tomorrow’- how he has used technology to adapt an existing product
• Plenary

I give out handouts which students fill in rather than books which are attached but they can easily be adapted.