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This lesson introduces learners to the importance of taking calculated risks for a reward.
Example or weighing the upsides vs downsides before coming to a decision to take a risk. An activity which gets students to think about situations in their own life for example, revising vs going out to see friends - students then weigh up the pros and cons (analysis) and finally make a judgement with a depends (evaluation) on whether the risk is worth it.
Sometimes risk leads to failure, (not part of the spec but is good for students to know) and in business we must learn to bounce back from failure, so some anecdotes to help understand this.
Colourful, concise and engaging slides!
Thank you
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Edexcel GCSE Business - Theme 1 - 1.1 Enterprise and entrepreneurship
This 4 lesson bundle covers: 1.1.1 The dynamic nature of business 1.1.2 Risk and reward 1.1.3 The role of business enterprise - 2 lessons Filled with real life examples, case studies, questions and modelled answers to improve exam practice. All you need - open the powerpoint, run through it, and deliver quality lessons whilst saving precious time. Colourful, concise and engaging slides! - all files in zip folder. Thank you
Edexcel GCSE Business - Theme 1 (FULL bundle updated for 2021)
A complete bundle, updated for 2021 with more engaging and colourful slides to cater for remote learning needs. The highest quality, unrivalled lesson experiences from start to finish. This bundle is filled with real life examples, scenarios, individual and group activities, exam style questions with model answers so students can self or peer assess from looking at the board. Engage your learners and improve their exam skills at the same time, rather than just going through theory slide after slide. Thank you
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