Introduction To Business Studies
Lesson 1:
Welcome To Business Studies
Lesson Objectives:
- To understand how you will be assessed over the next 2 years of your GCSE course
- To demonstrate the existing knowledge of Business Studies you already have
- To evaluate the importance of business skills in life
Welcome to business studies | |
File Size: | 1751 kb |
File Type: | pptx |
About The Course:
Expectations:
Personal Introduction:
Expectations:
Personal Introduction:
Starter Activity:
You have one minute to think about your own business idea. You will then explain what it is and how it will work.
How To Be Successful In GCSE Business Studies:
What Skills Are You Going To Learn?
- Money
- Public Speaking
- Legal
- Employment
- Exam
- Thinking
- Presentation
Activity:
Let's See What You've Got So Far:
1) What is meant by ‘Business’?
2) What is the purpose of a Business?
3) What is the purpose of the programme ‘Dragon’s Den’?
4) Why do you think that some people want to start their own business?
5) Who can start up their own business?
6) What are people known as if they start up their own businesses?
1) What is meant by ‘Business’?
2) What is the purpose of a Business?
3) What is the purpose of the programme ‘Dragon’s Den’?
4) Why do you think that some people want to start their own business?
5) Who can start up their own business?
6) What are people known as if they start up their own businesses?
Plenary:
Why are the skills you are going to learn in Business Studies so important for your future?
Why are the skills you are going to learn in Business Studies so important for your future?
Lesson 2:
Why Do Businesses Exist?
Lesson Objectives:
- To recall what a business is and recount at least 4 reasons as to why businesses exist
- To apply knowledge of reasons to a given business scenario
- To analyse the characteristics of an entrepreneur
Why do businesses exist? | |
File Size: | 61 kb |
File Type: | pptx |
Starter Activity:
A-Z of businesses
A-Z of businesses
The Purpose Behind A Business:
Can you think of an example of a business that does each of these?
- Produce Goods
- Supply Goods
- Provide A Service
- Help People
Can you think of an example of a business that does each of these?
Entrepreneurs:
This is somebody who wants to start up their own business, people who see a gap in the market and people who are willing to take a risk.
This is somebody who wants to start up their own business, people who see a gap in the market and people who are willing to take a risk.
What characteristics does an entrepreneur have?
•Willing to take a risk
•Determined
•Motivated
•Focused
•Hard Working
•Dependable
•Don’t want to work for anyone else
•Willing to take a risk
•Determined
•Motivated
•Focused
•Hard Working
•Dependable
•Don’t want to work for anyone else
entrepreneur_quiz.ppt | |
File Size: | 190 kb |
File Type: | ppt |
Activity:
Go online and research an entrepreneur (one we haven't looked at yet). Describe the skills they have, and also, the purpose behind their business(es).
Go online and research an entrepreneur (one we haven't looked at yet). Describe the skills they have, and also, the purpose behind their business(es).
Plenary:
Why does Britain need entrepreneurs?
Why does Britain need entrepreneurs?
Lesson 3:
Factors Of Production
Lesson Objectives:
- To know the FOUR Factors of Production.
- To understand and explain the ‘economic problem’.
- To apply the term ‘opportunity cost’ to a given business situation
Factors of production | |
File Size: | 467 kb |
File Type: | ppt |
Starter:
On your whiteboard, write down what you think the economic problem might be.
S & C: What problems do you think this can cause?
S & C: What problems do you think this can cause?
There is scarcity. There are finite (limited) resources available, and these are insufficient to satisfy all human wants and needs.
Question: How do you think the world's resources are shared?
Question: How do you think the world's resources are shared?
Factors Of Production:
What are the 4 factors of production?
Land and raw materials:
Labour (workforce):
Capital (Machinery, Equipment and Money):
Enterprise:
Entrepreneurs
Land and raw materials:
- Businesses need ‘land’ – oil, gas, trees, plants
- Raw materials help to manufacture products
- The world does not have an unlimited supply
Labour (workforce):
- Every business needs workers
- Sometimes it is easy to find workers – other times, a job may require highly skilled staff that are harder to find (examples)
Capital (Machinery, Equipment and Money):
- Capital – money needed to start and maintain a business.
- A business will never really have the amount of money it would like.
Enterprise:
Entrepreneurs
- Have an idea
- Ability to take risks
- Ability to persuade others to join the business and perhaps lend some money
- Have the energy to keep the business going
Task: On A3 paper, draw a diagram explaining the 4 factors of production and the economic problem.
Opportunity Cost:
The cost of an alternative product that must be given up in order to pursue a particular product. Put another way, the benefits you could have received by taking an alternative product.
Plenary: Come up with the best/funniest example of an opportunity cost for your teacher!
Lesson 4:
Chain Of Production
Lesson Objectives:
- To know examples of businesses operating in the three main sectors of business activity–
primary, secondary and tertiary.
- To understand the chain of production from the primary through to the tertiary sector.
- To apply knowledge and understanding by discussing changes in activities within the three
sectors.
- To know examples of businesses operating in the three main sectors of business activity–
primary, secondary and tertiary.
- To understand the chain of production from the primary through to the tertiary sector.
- To apply knowledge and understanding by discussing changes in activities within the three
sectors.
chain_of_production_lesson_6.ppt | |
File Size: | 560 kb |
File Type: | ppt |
Starter:
What is the journey of a loaf of bread to your toaster?
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The Chain Of Production:
Primary Sector:
The primary sector is concerned with extracting/obtaining raw materials. These come from the earth. Examples include oil, wood, crops and fish.
These materials must be obtained through certain methods of extracting. Examples of this include farming, oil drilling, lumberjacks and fishing.
Secondary Sector:
This sector is concerned with producing or manufacturing goods. This is taking your raw material and turning them into a product.
Examples of this could be a bakery, a factory or an energy plant.
The primary sector is concerned with extracting/obtaining raw materials. These come from the earth. Examples include oil, wood, crops and fish.
These materials must be obtained through certain methods of extracting. Examples of this include farming, oil drilling, lumberjacks and fishing.
Secondary Sector:
This sector is concerned with producing or manufacturing goods. This is taking your raw material and turning them into a product.
Examples of this could be a bakery, a factory or an energy plant.
Tertiary Sector:
This sector is also called the service sector. This is where a service is provided to the customer.
Examples of this are shops, libraries, petrol stations, funeral directors and schools.
This sector is also called the service sector. This is where a service is provided to the customer.
Examples of this are shops, libraries, petrol stations, funeral directors and schools.
Can you think of examples of companies in each sector? Try to think of at least one national company and one local company.
Activity: Create a poster showing the journey of a raw material through each sector, becoming a product and arriving in the tertiary sector.
Activity: Create a poster showing the journey of a raw material through each sector, becoming a product and arriving in the tertiary sector.
Extra Lesson:
Social Enterprises
Lesson Objectives:
- To recall FOUR main reasons why people start their own businesses and what Social Enterprise means and involves (E-D).
- To analyse the reasons for being a Social Entrepreneur (C-B).
- To evaluate different examples of Social Enterprise for the local community – looking at the benefits and drawbacks (A-A*).
- To recall FOUR main reasons why people start their own businesses and what Social Enterprise means and involves (E-D).
- To analyse the reasons for being a Social Entrepreneur (C-B).
- To evaluate different examples of Social Enterprise for the local community – looking at the benefits and drawbacks (A-A*).
social_enterprise_slides.pptx | |
File Size: | 423 kb |
File Type: | pptx |
Starter:
What could you do that could change a billion people's lives?
What could you do that could change a billion people's lives?
Plenary:
Present ideas to the class.
Extension - What do you think the advantages and disadvantages of social enterprises are?
Extension +: Can you run a social enterprise and still earn a wage above average?
Present ideas to the class.
Extension - What do you think the advantages and disadvantages of social enterprises are?
Extension +: Can you run a social enterprise and still earn a wage above average?