At the end the lesson, Students should be able: to;
Identify and explain the purpose and nature of business activity
Explain concepts of needs, wants, scarcity and opportunity cost.• Importance of specialisation. • Purpose of business activity• The concept of adding value and how added value can be increased.
Class Activities with Answers
This resource explains different choices, decisions and factors that determines business locations.It explains various factors that that are considered in the localization of manufacturing industry. Prepared for Business Studies IGCSE. Contains case study on business location. It also looks at international factors/ reasons that are considered in overseas business location.
This resource is a power point lesson on organizational structure and the role of management. It explains the meaning of organizational structure, the importance, the span of control and command. It explains coordination and importance of delegation. I t shows the roles of line managers and staff managers and organization chart.
This resource explains the importance of bargaining and negotiation in business. It shows the meaning, the importance to the employer,employee and the society. it shows what negotiation means and highlights the tips to negotiation and types of bargaining.Prepared for business studies IGCSE.
Lesson plan on Business Studies KS3. Prepared for Year 8 and 9. A step by step lesson plan on topics such as:Micro and Macro,Double Antry Accounting, Division of Labour and Control Location Decision. Contains 5 weeks lesson plan.
This resource is made for KS3 Business Studies lesson to explain the following:
Meaning of micro and macro economics
Examples of activities under each
Economic agents
The effects of their( economic agents) activities on the
economy
Goods and Services: Meaning and Classification of Goods and Services
This resource is prepared for KS3 Bussiness Studies. It explains Goods and Services: Meaning and Classification of Goods and Services
Difference between Goods and Services, categorisation of goods and services.
It shows the difference between tangible and non- tangible goods,
Durable Goods
Non- Durable Goods
Tangible Good
Non Tangible Goods
Contains Class Activity.
The resource is made for Economics and Business Studies. It explains the structure, types and importance of bargaining and negotiations in business. It explains tips to negotiation and bargaining.
The importance of bargaining to the employer
The importance of bargaining to the employee
The importance of bargaining to the society
At the end of the lesson, students should be able to:
The Structure - components of the current account of the balance of payments – trade in goods, trade in services, primary income and secondary income. Calculation of deficits and surpluses on the current account of the balance of payments and its component sections. Causes of current account deficit and surplus - Reasons for deficits and surpluses. Consequences of current account deficit and surplus Impact on GDP, employment, inflation and foreign exchange rate. Policies to achieve balance of payments stability - The range of policies available to achieve balance of payments stability and how effective they might be.Class Activities provided with Answers