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SCHEME OF WORK
Business Studies
Form 4 2025
TERM III
School


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WK LSN TOPIC SUB-TOPIC OBJECTIVES T/L ACTIVITIES T/L AIDS REFERENCE REMARKS
2 1
INTERNATIONAL TRADE
Introduction, Types and Advantages
By the end of the lesson, the learner should be able to:
Define international trade. Distinguish between bilateral and multilateral trade. State advantages of international trade. Explain how trade promotes specialization and employment.
Q/A session on local trading experiences; Brainstorming on goods Kenya exports/imports; Group discussion on trade advantages with real examples; Analysis of technology transfer cases.
World map, newspapers with trade reports, charts showing Kenya's trading partners, business magazines
KLB Secondary Business Studies Form 4, Pages 162-164
2 2
INTERNATIONAL TRADE
Disadvantages of International Trade
Computing Terms of Trade
By the end of the lesson, the learner should be able to:
Identify disadvantages of international trade. Explain how trade can lead to local industry collapse. Analyze imported inflation concept. Discuss cultural and sovereignty impacts.
Guided discussion on negative trade effects; Case study analysis of textile industry challenges; Q/A on dependency problems; Group work on cultural changes due to globalization.
Newspaper cuttings on industry closures, case study materials, charts showing trade impacts
Calculators, statistical data sheets, worked examples, formula charts
KLB Secondary Business Studies Form 4, Pages 164
2 3
INTERNATIONAL TRADE
Factors Affecting Terms of Trade
Balance of Trade and Balance of Payments Concepts
Preparing Balance of Payments Accounts
By the end of the lesson, the learner should be able to:
Explain factors causing differences in terms of trade between countries. Analyze impact of commodity nature on trade terms. Discuss demand changes and trade restrictions effects. Evaluate world economic order influences.
Detailed exposition with country examples; Case study analysis of Kenya vs developed countries; Group discussions on commodity price variations; Q/A on trade restriction impacts.
Case study materials, charts comparing different economies, business magazines
Trade statistics, charts showing balance structure, newspapers with economic data
Account worksheets, calculators, worked examples, practice data sets
KLB Secondary Business Studies Form 4, Pages 167-168
2 4
INTERNATIONAL TRADE
Balance of Payments Disequilibrium
Terms of Sale in International Trade
By the end of the lesson, the learner should be able to:
Define balance of payments disequilibrium. Identify causes of disequilibrium. Explain methods to decrease import volumes. Analyze export promotion strategies.
Exposition of disequilibrium causes; Case studies on policy interventions; Discussion on import reduction methods; Analysis of export compensation and diversification strategies.
Policy documents, case study materials, charts showing correction methods
Shipping documents, cost calculation worksheets, practical scenarios, charts
KLB Secondary Business Studies Form 4, Pages 171-174
3 1
INTERNATIONAL TRADE
Credit and Import Documents
By the end of the lesson, the learner should be able to:
Explain letter of credit functions and types. Describe import licence requirements. Analyze indent procedures (open and closed). Discuss creditworthiness and banking relationships.
Examination of actual letters of credit; Discussion on import licensing procedures; Group work on indent preparation; Analysis of banking documentation requirements.
Sample letters of credit, import licence forms, indent examples, banking documents
KLB Secondary Business Studies Form 4, Pages 176-177
3 2
INTERNATIONAL TRADE
Shipping, Insurance and Commercial Documents
By the end of the lesson, the learner should be able to:
Explain bill of lading purposes and features. Describe insurance policy types and certificate of origin. Analyze commercial and consular invoices. Compare airway bill with other transport documents.
Examination of actual shipping documents; Discussion on insurance requirements; Group analysis of invoice types; Comparison of transport document features.
Bill of lading samples, insurance certificates, invoice examples, document comparison charts
KLB Secondary Business Studies Form 4, Pages 177-178
3 3
INTERNATIONAL TRADE
Specialized Trade Documents
IMF and World Bank
By the end of the lesson, the learner should be able to:
Describe proforma invoice purposes. Explain freight note and weight note functions. Analyze letter of hypothecation uses. Discuss shipping advice note and document flow in trade.
Exposition of specialized documents; Group work on document sequencing; Practical scenarios on document usage; Analysis of complete trade documentation cycle.
Document samples, flow charts, practical scenarios, case studies
Charts showing institutional structures, case study materials, project reports
KLB Secondary Business Studies Form 4, Pages 178-179
3 4
INTERNATIONAL TRADE
African Development Institutions
By the end of the lesson, the learner should be able to:
Explain ADB establishment and functions. Describe ADF objectives and lending terms. Analyze impact on African development. Compare regional vs global financial institutions.
Exposition of regional development banking; Case studies on funded African projects; Discussion on concessional lending terms; Analysis of development impact assessment.
ADB/ADF project reports, development case studies, institutional comparison charts
KLB Secondary Business Studies Form 4, Pages 181
4 1
INTERNATIONAL TRADE
Forms and Characteristics of Economic Integration
By the end of the lesson, the learner should be able to:
Define economic integration. Identify and explain four forms: free trade area, customs union, common market, economic union. Compare characteristics and features of each form. Analyze progression from simple to complex integration.
Exposition of integration concept and forms; Group discussions on regional cooperation examples; Comparison of integration levels using charts; Analysis of East African integration progress.
Maps showing integration blocs, comparison charts, case study materials on regional blocs
KLB Secondary Business Studies Form 4, Pages 182-184
4 2
INTERNATIONAL TRADE
Importance and Effects of Economic Integration
By the end of the lesson, the learner should be able to:
Explain importance of economic integration including market expansion and specialization. Analyze advantages of free trade. Identify disadvantages including revenue loss and unemployment risks. Evaluate overall impact on member countries.
Group discussions on integration benefits; Case studies on successful integration examples; Analysis of trade creation vs trade diversion; Balanced assessment of costs and benefits.
Integration success stories, policy analysis documents, charts showing trade effects
KLB Secondary Business Studies Form 4, Pages 184-185
4 3
INTERNATIONAL TRADE
Reasons and Methods of Trade Restrictions
Advantages and Disadvantages of Trade Restrictions
By the end of the lesson, the learner should be able to:
Explain reasons for trade restrictions including infant industry and strategic industry protection. Describe methods: tariffs, quotas, administrative bottlenecks, foreign exchange control. Analyze dumping prevention and employment protection.
Exposition of protection rationale with examples; Detailed explanation of restriction methods; Practical examples of tariff and quota calculations; Case studies on protection policies.
Case study materials, tariff schedules, quota examples, policy documents, calculators
Policy analysis documents, consumer impact studies, case study materials
KLB Secondary Business Studies Form 4, Pages 185-187
4 4
INTERNATIONAL TRADE
Trade Liberalization and Export Processing Zones
By the end of the lesson, the learner should be able to:
Explain trade liberalization concept and effects. Describe EPZ characteristics, advantages and disadvantages. Analyze impact on domestic industries. Evaluate EPZ contribution to economic development.
Exposition of liberalization trends; Case study on Athi River EPZ; Discussion on liberalization impacts on local industries; Analysis of EPZ success factors and challenges.
EPZ documentation, liberalization case studies, charts showing trade policy evolution
KLB Secondary Business Studies Form 4, Pages 188-189
5-6

Exam

6 4
INTERNATIONAL TRADE
E-commerce and Digital Trade
Forms and Importance of Economic Integration
By the end of the lesson, the learner should be able to:
Explain e-commerce applications in international trade. Describe online payment systems and digital transactions. Analyze advantages and challenges of digital trade. Discuss future trends in electronic commerce.
Demonstration of e-commerce platforms; Discussion on digital payment security; Group work on online trade benefits and risks; Analysis of technology impact on trade.
Computer/tablets for demonstration, e-commerce examples, online payment illustrations
Maps showing integration blocs, charts comparing integration forms, newspaper articles on regional cooperation
KLB Secondary Business Studies Form 4, Pages 189
7 1
INTERNATIONAL TRADE
Advantages and Disadvantages of Free Trade
Reasons for Trade Restrictions
By the end of the lesson, the learner should be able to:
Enumerate advantages of free trade including market expansion and specialization. Identify disadvantages such as revenue loss and unemployment risks. Analyze trade creation vs trade diversion effects. Evaluate impact on local industries and consumer choice.
Guided discussion on free trade benefits; Case studies on integration success stories; Group analysis of trade diversion problems; Q/A on consumer welfare impacts and government revenue effects.
Case study materials on successful integration, charts showing trade effects, policy analysis documents
Case study materials on protected industries, charts showing protection policies, newspaper articles on trade policies
KLB Secondary Business Studies Form 4, Pages 184-185
7 2
INTERNATIONAL TRADE
Methods of Trade Restrictions
Advantages and Disadvantages of Trade Restrictions
Trends in International Trade
By the end of the lesson, the learner should be able to:
Outline methods of trade restriction including tariffs and quotas. Highlight administrative bottlenecks and foreign exchange control. Explain moral persuasion as restriction method. Calculate effects of different restriction methods.
Detailed exposition of restriction methods; Practical examples of tariff and quota calculations; Discussion on administrative procedures; Group work on foreign exchange control mechanisms.
Tariff schedules, quota examples, calculators, policy documents showing restriction methods
Policy analysis documents, case studies on protection outcomes, consumer impact studies
EPZ documentation, computers/tablets for e-commerce demonstration, charts showing trade liberalization effects
KLB Secondary Business Studies Form 4, Pages 186-187
7 3
ECONOMIC DEVELOPMENT AND PLANNING
Economic Growth and Development Concepts
Characteristics of Under-development
By the end of the lesson, the learner should be able to:
Define economic growth and economic development. Distinguish between economic growth and development. Explain measurement of economic growth rates. Identify structural changes accompanying economic development.
Q/A session on development indicators; Guided discussion on growth vs development differences; Analysis of Kenya's economic journey; Group work on identifying structural changes.
Statistical data on economic indicators, charts comparing developed vs developing countries, newspaper economic reports
Statistical data on poverty and unemployment, photos showing infrastructure gaps, case study materials on developing countries
KLB Secondary Business Studies Form 4, Pages 195-196
7 4
ECONOMIC DEVELOPMENT AND PLANNING
Factors Hindering Development
Political, Social and Economic Institutional Factors
By the end of the lesson, the learner should be able to:
Highlight factors that impede development including resource constraints. Explain inadequate capital and poor technology impacts. Analyze human resource endowment problems. Discuss unfavorable domestic environment effects on development.
Q/A session on development barriers; Detailed exposition of hindering factors; Case studies on technology gaps and brain drain; Group discussions on institutional barriers to development.
Case studies on development barriers, charts showing technology gaps, brain drain statistics
Governance case studies, cultural practice examples, charts showing institutional frameworks
KLB Secondary Business Studies Form 4, Pages 200-202
8 1
ECONOMIC DEVELOPMENT AND PLANNING
Development Planning Process and Objectives
By the end of the lesson, the learner should be able to:
Define development planning concept and importance. Explain planning process including objective establishment. State government policy objectives for long-term development. Analyze resource identification and allocation in planning.
Guided discussion on planning necessity; Exposition of systematic planning process; Group work on identifying realistic planning objectives; Analysis of Kenya's development planning experience.
Kenya's development plan documents, planning process flowcharts, resource allocation examples
KLB Secondary Business Studies Form 4, Pages 202-204
8 2
ECONOMIC DEVELOPMENT AND PLANNING
Need for Development Planning and Benefits
By the end of the lesson, the learner should be able to:
Give reasons why development planning is necessary. Explain appropriate resource allocation through planning. Discuss planning role in stimulating national effort. Analyze planning support for foreign aid acquisition and project evaluation.
Group discussions on planning benefits; Case studies on successful planning outcomes; Analysis of foreign aid effectiveness with proper planning; Q/A on project evaluation importance and duplication avoidance.
Planning success case studies, foreign aid effectiveness reports, project evaluation examples
KLB Secondary Business Studies Form 4, Pages 203-204
8 3
ECONOMIC DEVELOPMENT AND PLANNING
Paper 1 Revision
Problems in Development Planning Implementation
Short Answer & Definition Questions
By the end of the lesson, the learner should be able to:
State problems encountered in development planning at formulation stage. Explain implementation challenges including donor dependency. Analyze natural calamities impact on planning. Discuss political will and coordination problems in plan execution.
Exposition of planning challenges at different stages; Case studies on planning failures and successes; Group discussions on realistic vs over-ambitious planning; Analysis of natural disasters impact and political commitment importance.
Case studies on planning challenges, disaster impact reports, examples of successful and failed development projects
Past Paper 1 exams, marking schemes
KLB Secondary Business Studies Form 4, Pages 204-206
8 4
REVISION

Paper 1 Revision
Paper 1 Revision
Application & Explanation Questions
Financial Questions
By the end of the lesson, the learner should be able to:
- Apply business knowledge to real business situations
-Develop clear, logical explanations
- Teacher demonstrates how to answer explanation questions
-Students answer questions on factors, reasons, and effects
-Class discussion and corrections
Past Paper 1 exams, topic summaries, marking schemes
Past papers with financial questions, marking schemes
Business Studies KLB Paper 1, KLB Bk 1-4, Students notes
9 1
Paper 2 Revision
Paper 1 Revision
Descriptive Questions
Financial & Accounting Questions
Short Answer & Definition Questions
By the end of the lesson, the learner should be able to:
- Develop essay-style answers in a structured format
-Organize points logically under subheadings
-Practice time-bound responses
- Brainstorm key points for common topics as guided by the teacher
-Group discussion
-Peer review and teacher marking
Sample answers, past papers, marking schemes
Past Paper 2 exams, marking schemes, financial statement examples
Past Paper 1 exams, marking schemes
Business Studies Paper 2, KLB Bk 1-4
9 2
Paper 1 Revision
Application & Explanation Questions
Financial Questions
By the end of the lesson, the learner should be able to:
- Apply business knowledge to real business situations
-Develop clear, logical explanations
- Teacher demonstrates how to answer explanation questions
-Students answer questions on factors, reasons, and effects
-Class discussion and corrections
Past Paper 1 exams, topic summaries, marking schemes
Past papers with financial questions, marking schemes
Business Studies KLB Paper 1, KLB Bk 1-4, Students notes
9 3
Paper 2 Revision
Paper 1 Revision
Descriptive Questions
Financial & Accounting Questions
Short Answer & Definition Questions
By the end of the lesson, the learner should be able to:
- Develop essay-style answers in a structured format
-Organize points logically under subheadings
-Practice time-bound responses
- Brainstorm key points for common topics as guided by the teacher
-Group discussion
-Peer review and teacher marking
Sample answers, past papers, marking schemes
Past Paper 2 exams, marking schemes, financial statement examples
Past Paper 1 exams, marking schemes
Business Studies Paper 2, KLB Bk 1-4
9 4
Paper 1 Revision
Application & Explanation Questions
Financial Questions
By the end of the lesson, the learner should be able to:
- Apply business knowledge to real business situations
-Develop clear, logical explanations
- Teacher demonstrates how to answer explanation questions
-Students answer questions on factors, reasons, and effects
-Class discussion and corrections
Past Paper 1 exams, topic summaries, marking schemes
Past papers with financial questions, marking schemes
Business Studies KLB Paper 1, KLB Bk 1-4, Students notes
10 1
Paper 2 Revision
Paper 1 Revision
Descriptive Questions
Financial & Accounting Questions
Short Answer & Definition Questions
By the end of the lesson, the learner should be able to:
- Develop essay-style answers in a structured format
-Organize points logically under subheadings
-Practice time-bound responses
- Brainstorm key points for common topics as guided by the teacher
-Group discussion
-Peer review and teacher marking
Sample answers, past papers, marking schemes
Past Paper 2 exams, marking schemes, financial statement examples
Past Paper 1 exams, marking schemes
Business Studies Paper 2, KLB Bk 1-4
10 2
Paper 1 Revision
Application & Explanation Questions
Financial Questions
By the end of the lesson, the learner should be able to:
- Apply business knowledge to real business situations
-Develop clear, logical explanations
- Teacher demonstrates how to answer explanation questions
-Students answer questions on factors, reasons, and effects
-Class discussion and corrections
Past Paper 1 exams, topic summaries, marking schemes
Past papers with financial questions, marking schemes
Business Studies KLB Paper 1, KLB Bk 1-4, Students notes
10 3
Paper 2 Revision
Paper 1 Revision
Descriptive Questions
Financial & Accounting Questions
Short Answer & Definition Questions
By the end of the lesson, the learner should be able to:
- Develop essay-style answers in a structured format
-Organize points logically under subheadings
-Practice time-bound responses
- Brainstorm key points for common topics as guided by the teacher
-Group discussion
-Peer review and teacher marking
Sample answers, past papers, marking schemes
Past Paper 2 exams, marking schemes, financial statement examples
Past Paper 1 exams, marking schemes
Business Studies Paper 2, KLB Bk 1-4
10 4
Paper 1 Revision
Application & Explanation Questions
Financial Questions
By the end of the lesson, the learner should be able to:
- Apply business knowledge to real business situations
-Develop clear, logical explanations
- Teacher demonstrates how to answer explanation questions
-Students answer questions on factors, reasons, and effects
-Class discussion and corrections
Past Paper 1 exams, topic summaries, marking schemes
Past papers with financial questions, marking schemes
Business Studies KLB Paper 1, KLB Bk 1-4, Students notes
11 1
Paper 2 Revision
Paper 1 Revision
Descriptive Questions
Financial & Accounting Questions
Short Answer & Definition Questions
By the end of the lesson, the learner should be able to:
- Develop essay-style answers in a structured format
-Organize points logically under subheadings
-Practice time-bound responses
- Brainstorm key points for common topics as guided by the teacher
-Group discussion
-Peer review and teacher marking
Sample answers, past papers, marking schemes
Past Paper 2 exams, marking schemes, financial statement examples
Past Paper 1 exams, marking schemes
Business Studies Paper 2, KLB Bk 1-4
11 2
Paper 1 Revision
Application & Explanation Questions
Financial Questions
By the end of the lesson, the learner should be able to:
- Apply business knowledge to real business situations
-Develop clear, logical explanations
- Teacher demonstrates how to answer explanation questions
-Students answer questions on factors, reasons, and effects
-Class discussion and corrections
Past Paper 1 exams, topic summaries, marking schemes
Past papers with financial questions, marking schemes
Business Studies KLB Paper 1, KLB Bk 1-4, Students notes
11 3
Paper 2 Revision
Paper 1 Revision
Descriptive Questions
Financial & Accounting Questions
Short Answer & Definition Questions
By the end of the lesson, the learner should be able to:
- Develop essay-style answers in a structured format
-Organize points logically under subheadings
-Practice time-bound responses
- Brainstorm key points for common topics as guided by the teacher
-Group discussion
-Peer review and teacher marking
Sample answers, past papers, marking schemes
Past Paper 2 exams, marking schemes, financial statement examples
Past Paper 1 exams, marking schemes
Business Studies Paper 2, KLB Bk 1-4
11 4
Paper 1 Revision
Application & Explanation Questions
Financial Questions
By the end of the lesson, the learner should be able to:
- Apply business knowledge to real business situations
-Develop clear, logical explanations
- Teacher demonstrates how to answer explanation questions
-Students answer questions on factors, reasons, and effects
-Class discussion and corrections
Past Paper 1 exams, topic summaries, marking schemes
Past papers with financial questions, marking schemes
Business Studies KLB Paper 1, KLB Bk 1-4, Students notes
12 1
Paper 2 Revision
Paper 1 Revision
Descriptive Questions
Financial & Accounting Questions
Short Answer & Definition Questions
By the end of the lesson, the learner should be able to:
- Develop essay-style answers in a structured format
-Organize points logically under subheadings
-Practice time-bound responses
- Brainstorm key points for common topics as guided by the teacher
-Group discussion
-Peer review and teacher marking
Sample answers, past papers, marking schemes
Past Paper 2 exams, marking schemes, financial statement examples
Past Paper 1 exams, marking schemes
Business Studies Paper 2, KLB Bk 1-4
12 2
Paper 1 Revision
Application & Explanation Questions
Financial Questions
By the end of the lesson, the learner should be able to:
- Apply business knowledge to real business situations
-Develop clear, logical explanations
- Teacher demonstrates how to answer explanation questions
-Students answer questions on factors, reasons, and effects
-Class discussion and corrections
Past Paper 1 exams, topic summaries, marking schemes
Past papers with financial questions, marking schemes
Business Studies KLB Paper 1, KLB Bk 1-4, Students notes
12 3
Paper 2 Revision
Paper 1 Revision
Descriptive Questions
Financial & Accounting Questions
Short Answer & Definition Questions
By the end of the lesson, the learner should be able to:
- Develop essay-style answers in a structured format
-Organize points logically under subheadings
-Practice time-bound responses
- Brainstorm key points for common topics as guided by the teacher
-Group discussion
-Peer review and teacher marking
Sample answers, past papers, marking schemes
Past Paper 2 exams, marking schemes, financial statement examples
Past Paper 1 exams, marking schemes
Business Studies Paper 2, KLB Bk 1-4
12 4
Paper 1 Revision
Paper 2 Revision
Paper 2 Revision
Application & Explanation Questions
Financial Questions
Descriptive Questions
Financial & Accounting Questions
By the end of the lesson, the learner should be able to:
- Apply business knowledge to real business situations
-Develop clear, logical explanations
- Teacher demonstrates how to answer explanation questions
-Students answer questions on factors, reasons, and effects
-Class discussion and corrections
Past Paper 1 exams, topic summaries, marking schemes
Past papers with financial questions, marking schemes
Sample answers, past papers, marking schemes
Past Paper 2 exams, marking schemes, financial statement examples
Business Studies KLB Paper 1, KLB Bk 1-4, Students notes

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