GRADE 11 - Curriculum



GRADE 11

Lesson Plan 5

|LESSON PLAN: Business Studies |

|Grade: 11 |

|Context: Action Plan and Business Venture |

|Duration: 16 hours/ 4 weeks |

|Learning Outcome 2: Business Ventures |

|The learner is able to identify and research viable business opportunities and to explore these and related issues through the creation of achievable business venture. |

|Assessment Standard |

|11.2.7 Avenues of acquiring businesses and their advantages and disadvantages as well as their contractual implications. |

|11.2.8 The benefits and challenges of establishing a company versus other forms of ownership. |

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|Integration within the subject: |

|11.3.2 Apply creative thinking to address business problems and to improve business practice. |

|11.3.3 Discuss the theories and principles of professionalism and ethics, and explore how they relate to the business environment. |

|Content:16 hours/ 8 weeks |

|Avenues of acquiring businesses (e.g. franchising, outsourcing, leasing), and their advantages and disadvantages as well as contractual implications (e.g. royalties, |

|legalities). |

|The benefits and challenges of establishing a company versus other forms of ownership (including taxation issues). |

|Forms of ownership (sole proprietor, partnership, close corporation, company |

|Acquire problem-solving skills in a business context. |

|The theories and principles of professionalism and ethics, and explore how they relate to the business environment. |

|The difference between good and bad decisions. |

|Prior knowledge: |

|Setting up a business venture using an action plan |

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|Extended activity: |

|The learners can visit the school library to have access to newspapers, journals, magazines and internet to get an understanding of the different forms of ownership. |

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|Expanded opportunities: |

|The learners can visit the local businesses to investigate and identify the forms of ownership. |

|Teacher’s |Learners’ |LTSM |Assessment |S |K |V |Time |

|Activity |Activities | |Strategies | | | | |

|The teacher groups the learners and presents a|The learners brainstorm and discuss|Pictures |Debates, discussions. | | | |5 hrs |

|scenario to learners on business acquisition,(|the scenario presented to them by |Leaflets |Role play. | | | | |

|e.g. pictures, leaflets, newspapers and video |the teacher. The learners link up |Newspapers | | | | | |

|tapes) of a franchise shop or a dealer such as|the advantages and disadvantages to|Video tapes and | | | | | |

|Kentucky Fried Chicken, Steers, Mcdonald, Pick|the avenues of acquisition that |textbooks | | | | | |

|n Pay, Shoprite Checkers etc. The teacher |they have been introduced to. The | | | | | | |

|unpacks on acquisition of business ventures |learners can now debate around the | | | | | | |

|such as |selection of a suitable form of | | | | | | |

|- Franchise, Outsourcing and leasing. The |acquisition. The learners listen | | | | | | |

|teacher further explains the contractual |carefully and debate by citing | | | | | | |

|implications |examples to confirm their | | | | | | |

|(e.g. royalties and legalities) to the |understanding. | | | | | | |

|learners by probing examples from the | | | | | | | |

|learners. | | | | | | | |

|The teacher must guide the learners in |Learners brainstorm the various |Legal documentse.g.|Baseline | | | |3 hrs |

|brainstorming the various forms of business |forms of business ownership, |Companies act. |Debate and discussion. | | | | |

|ownership. Should there be any omissions by |drawing from the experiences they |Close Corporations | | | | | |

|the learners, the teacher will make additions.|gathered while visiting the school |act. Textbook and | | | | | |

|The teacher must facilitate the choice of a |library and local businesses. The |charts. | | | | | |

|form of business ownership, by highlighting |learners debate and discuss their | | | | | | |

|the challenges and benefits of each form of |suitable choices based on the | | | | | | |

|business ownership. |benefits and challenges of each | | | | | | |

| |form of ownership. | | | | | | |

|The teacher facilitates a discussion on all |The learners are also involved in a|News study |Case study | | | |4 hrs |

|problem solving techniques and ensures that |debate and discussion, ensuring |Text book |Debate and discussion. | | | | |

|the learners are able to apply them in solving|their understanding of the problem |Wall charts |Role play(problem solving | | | | |

|the various problems. |solving techniques and how to apply|Video tapes. Case |process) | | | | |

|The teacher instructs the learners to work on|them in various problems. Learners|study | | | | | |

|a case study of his/her own scenario, where |are responding to a case study. | | | | | | |

|learners are expected to apply a suitable | | | | | | | |

|technique to a problem addressed in a case | | | | | | | |

|study. | | | | | | | |

|The teacher defines and explains |The learners listen and take notes.|Text book |Debate and discussion. | | | |4 hrs |

|professionalism and ethics. The teacher |They confirm understanding by |Hand out |Role play | | | | |

|explains theories and principles of |asking questions for clarity. The |Newspapers |Simulation | | | | |

|professionalism and ethics. The teacher |are involved in debate and |Internet |Case study. | | | | |

|facilitates the discussions with learners over|discussion of theories and |Videotapes and CDs.| | | | | |

|theories and principles of professionalism and|principles of professionalism and | | | | | | |

|ethics and explores how they relate to |ethics. The learners give examples | | | | | | |

|business environment. The teacher explores the|to indicate the relationship of the| | | | | | |

|difference between good and bad decision. |theories and principles of | | | | | | |

| |professionalism and ethics to | | | | | | |

| |business environment. The learners | | | | | | |

| |brainstorm, debate and discuss good| | | | | | |

| |and bad decisions in order to | | | | | | |

| |explore the differences between | | | | | | |

| |good and bad decisions. | | | | | | |

|Teachers reflections |

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|Date of completion: |

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