SCHEME OF WORK
Business Studies
Form 1 2021
TERM III
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WK LSN TOPIC SUB-TOPIC OBJECTIVES L/ACTIVITIES L/T AIDS REFERENCE REMARKS
1 1-3
HOME TRADE
Documents used in home trade
By the end of the lesson, the learner should be able to:
Identify some documents used in home trade during cash and credit transactions.
Brief discussion on catalogue, letter of inquiry, quotation, price list, various notes, invoice, delivery, etc.
Group work.
Sample copies of documents used in home trade.
Pg 90--99
2 1
HOME TRADE
Means of payment Cash
By the end of the lesson, the learner should be able to:
State advantages (to the buyer and to the seller) of cash payment.

Brain storming;
Brief discussion.
Pg 100-101
2 2-3
HOME TRADE
Cheque.
By the end of the lesson, the learner should be able to:
State advantages (to the buyer and to the seller) of cheque payment.
Sample cheque.
Pg 101-102
3 1
HOME TRADE
Bill of exchange.
By the end of the lesson, the learner should be able to:
Identify features of a bill ob exchange.
Outline steps of preparing a bill of exchange.
Exposition;
Brief discussion.
Sample bill of exchange.
Pg 103-4
3 2
HOME TRADE
Promissory note.
By the end of the lesson, the learner should be able to:
Describe a promissory note.
Identify features of promissory note.
Exposition;
Brief discussion.
Sample note.
Pg 104
3 3
HOME TRADE
Money order.
By the end of the lesson, the learner should be able to:
Identify features of a money order.
Examine a money order to identify its features;
Discussion on its appropriateness.
Sample money orders.
Pg 104-5
4 1-2
HOME TRADE
Postal order.
By the end of the lesson, the learner should be able to:
Identify features of a money order.
Compare a money order and a postal order.
Examine a postal order to identify its features;
Discussion on its appropriateness.
Postal order copies.
Pg 105-6
4 3
HOME TRADE
Banker?s cheque.
By the end of the lesson, the learner should be able to:
Identify features of a banker?s cheque.
Give reasons why a cheque may be dishonoured.

Examine a bankers cheque;
Brain storming;
Discussion.
Sample copy.
Pg 107
5

Mid term examinations

6 1-2
HOME TRADE
Terms of payment. -Cash
By the end of the lesson, the learner should be able to:


Give reasons for appropriateness of cash payment.
Identify circumstances for C.O.D. and C.W.O. terms.


Brief discussion with probing questions.


Pg 108
6 3
HOME TRADE
open credit.
By the end of the lesson, the learner should be able to:
Give reasons for appropriateness of open credit.
Identify examples of open credit terms.
Outline advantages / disadvantages of credit terms.

Brain storming;
Exposition of new terms.
Discussion.
Pg 108-110
7 1-3
HOME TRADE
hire purchase.
By the end of the lesson, the learner should be able to:
State differences between open credit and hire purchase.
Cite advantages / disadvantages of hire purchase to the buyer and to the seller.
Brain storming;
Oral questioning;
Discussion.
Pg 111
8 1-2
HOME TRADE
discount terms.
By the end of the lesson, the learner should be able to:
Differentiate between trade and cash discounts.
Oral questioning;
Exposition of new ideas;
Discussion.

Pg 113
8 3
HOME TRADE
-installment buying & Standing order.
By the end of the lesson, the learner should be able to:
Define installment buying.
State implication of a standing order.
Oral questioning; Exposition;
Discussion.
Pg 112,
114
9

End term examinations

10

Marking and closing of school


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