Business and money management skills

Introduction to Business Studies

By the end of the lesson, the learner should be able to:

Define goods and services.
Examine the concept of Business Studies.
Discuss the business activities that takes place in their community.
Be polite, kind and respectful when giving feedback to other groups.

Using relevant sources such as textbooks or digital devices, learners to define goods and services.
In groups, learners to examine the concept of Business Studies.
In groups, learners are guided to discuss the business activities that takes place in their community.

What is business? What business activities take place in your local community?

Spark; StoryMoja, Business Studies Learner

Oral questions Oral Report Observation

Business and money management skills

Components of Business Studies
Career opportunities related to Business Studies in Kenya
Career opportunities related to Business Studies in Kenya
Career opportunities related to Business Studies in Kenya

By the end of the lesson, the learner should be able to:

Identify components of Business Studies.
Discuss and debate on components of Business Studies.
Appreciate the components of Business Studies.

In pairs, learners to identify components of Business Studies.
Learners to brainstorm on their group

What do you understand by the terms human wants and scarce resources?

Spark; StoryMoja, Business Studies Learner

Oral questions Oral Report Observation

Business and money management skills

Importance of Business Studies in the society
Money; Meaning of money
Uses of money in the day-to-day life
Key security features of the Kenyan currency

By the end of the lesson, the learner should be able to:

State the importance of studying Business Studies.
Debate on the importance of Business Studies.
Appreciate the importance of Business Studies in day-to-day life

Learners to state the importance of studying Business Studies
Learners are guided to debate this motion,

What is the importance of studying Business Studies?

Spark; StoryMoja, Business Studies Learner

Oral questions Oral Report Observation

Business and money management skills

Identify the key security features of the Kenyan currency
Themes and symbols on the Kenyan currency
Importance of money in the economy

By the end of the lesson, the learner should be able to:

Identify key security features on the front and back of a Kenyan banknote.
Design and make a poster with messages on key security features on the Kenyan currency.
Appreciate the importance of key security features of the Kenyan currency.

Learners are guided to identify key security features on the front and back of a Kenyan banknote.
In groups, learners are guided to design and make a poster with messages on key security features on the Kenyan currency

What are the key security features of the Kenyan currency?

Spark; StoryMoja, Business Studies Learner

Oral questions Oral Report Observation

Business and money management skills

Personal goals; Meaning and importance of setting goals
Importance of setting personal goals for self-development
Factors to consider when setting personal goals
Setting personal goals for self-development

By the end of the lesson, the learner should be able to:

Explain the meaning of personal goals.
Explore personal goal for self-development.
Discuss and give examples of personal goals.
Appreciate other

Learners are guided to explain the meaning of personal goals.
In groups, learners to explore personal goal for self-development.
In groups, learners are guided to discuss and give examples of personal goals

What are personal goals?

Spark; StoryMoja, Business Studies Learner

Oral questions Oral Report Observation

Business and money management skills

Need for setting personal goals for self-development
Talents and abilities
Ways of nurturing talents and abilities for business purposes

By the end of the lesson, the learner should be able to:

State the importance of setting personal goals for self-development.
Recognize the need for setting personal goals for self-development.
Appreciate the importance of setting personal goals for self-development.

In pairs, learners are guided to state the importance of setting personal goals for self-development.
In groups, learners are guided to recognize the need for setting personal goals for self-development.

What are the importance

Spark; StoryMoja, Business Studies Learner

Oral questions Oral Report Observation

Business and money management skills

Personal talents and abilities in school
Relating talent and abilities o career opportunities
Ethical issues related to the use of talents and abilities in business
Appreciating the importance of nurturing talents and abilities

By the end of the lesson, the learner should be able to:

Discuss ways of identifying talents and abilities.
Demonstrate personal talents and abilities.
Have fun and enjoy demonstrating their talents and abilities.

In groups, learners to discuss ways of identifying talents and abilities.
As a class, learners to demonstrate personal talents and abilities.

What is your talent?

Spark; StoryMoja, Business Studies Learner

Oral questions Oral Report Observation

Business and its environment

Business activities
Preparing a scale of preference

By the end of the lesson, the learner should be able to:

Identify human needs and wants.
Brainstorm the difference between human needs and human wants.
Draw the picture in learner

In pairs, learners are guided to identify human needs and wants.
In groups, learners are guided to brainstorm the difference between human needs and human wants.
Individually, learners to draw the picture in learner

What is the difference between needs and wants?

Spark; StoryMoja, Business Studies Learner

Oral questions Oral Report Observation

Business and its environment
BUSINESS AND ITS ENVIRON- MENT
BUSINESS AND ITS ENVIRON- MENT

Importance of the scale of preference and satisfaction of human wants and needs
Business activities Business activities
Business activities Types of business activities in the community

By the end of the lesson, the learner should be able to:

Discuss the importance of the scale of preference.
Explain the importance of satisfaction of human wants and needs.
Appreciate the importance of the scale of preference and satisfaction of human wants and needs.

In groups, learners are guided to discuss the importance of the scale of preference.
In groups, learners to explain the importance of satisfaction of human wants and needs

What are the importance

Spark; StoryMoja, Business Studies Learner
Newspapers
Text Books
Journals
Digital devices spark story moja pg.

Oral questions Oral Report Observation

BUSINESS AND ITS ENVIRON- MENT

Business activities The need for business activities

By the end of the lesson, the learner should be able to:

Visit the school neighborhood and identify the business activities that take place
Engage a few business owners and ask them why they carry out those particular business activities
Have fun presenting their findings in class

Learners are guided in class to:
Visit the school neighborhood and identify the business activities that take place
Engage a few business owners and ask them why they carry out those particular business activities
Present their findings in class

Why is each business activity important in the community?

Newspapers
Text Books
Journals
Digital devices spark story moja pg.
Journals spark story moja pg.

Written questions Oral questions Written reports Oral Report Observation

BUSINESS AND ITS ENVIRON- MENT

Business activities Trading activities in the community
Business activities Retail traders
Business activities Retail traders

By the end of the lesson, the learner should be able to:

Discuss buying and selling activities carried out in the community
Write the meaning of trade and classification of trade
Appreciate trading activities in the community

Learners are guided in groups to:
Study the picture showing trading activities
Discuss buying and selling activities carried out in the community
Write the meaning of trade and classification of trade
Share their findings with other groups

What ae the people in the picture selling?

Newspapers
Text Books
Journals
Digital devices spark story moja Book Grade 7 pg.
Digital devices spark story moja 7 pg.
Digital devices spark story moja pg.

Written questions Oral questions Written reports Oral Report Observation

BUSINESS AND ITS ENVIRON- MENT

Business activities Retail traders
Business activities Wholesale traders
Business activities Wholesale traders
Business activities Wholesale traders

By the end of the lesson, the learner should be able to:

Discuss the meaning of goods and services sold in large scale retails
Write down the classification of large-scale retailers
Appreciate large scale retailers

Learners are guided in groups to:
Discuss the meaning of goods and services sold in large scale retails
Identify the outlets of large-scale retailers found in their locality
Write down the classification of large-scale retailers

Which large-scale retailer outlets are found in your locality

Newspapers
Text Books
Journals
Digital devices spark story moja pg.
Digital devices spark story moja pg.
Digital devices spark story moja 7 pg.

Written questions Oral questions Written reports Oral Report Observation

BUSINESS AND ITS ENVIRON- MENT

Goods and services Meaning of goods and services
Goods and services Types of goods
Goods and services Types of services
Goods and services Importance of goods and services

By the end of the lesson, the learner should be able to:

Study the pictures and answer the questions
Write down the meaning of goods and services
Appreciate goods and services

Learners are guided in groups to:
Study the pictures and answer the questions
Discuss the difference between goods and services
Write down the meaning of goods and services

Which picture consists of goods? Which picture shows provision of services?

Newspapers
Text Books
Digital devices spark story moja pg.
Text Books
Journals

Written questions Oral questions Written reports Oral Report Observation

BUSINESS AND ITS ENVIRON- MENT

Goods and services Importance of goods and services
Goods and services Characteristic of goods and services
Goods and services Distinguish between goods and services

By the end of the lesson, the learner should be able to:

Read the case study titled, 'Wafula's hand sanitizer' and answer the questions
Describe how goods provide satisfaction to the needs of the people in the society
Enjoy sharing their findings in class

Learners are guided in groups to:
Read the case study titled, 'Wafula's hand sanitizer'
Answer the questions of the case study
Describe how goods provide satisfaction to the needs of the people in the society
Share their findings in class

What are the needs and wants described in the story?

Newspapers
Text Books
Journals
Digital devices spark story moja pg.
Digital devices spark story moja pg.

Written questions Oral questions Written reports Oral Report Observation

BUSINESS AND ITS ENVIRON- MENT
BUSINESS AND MONEY MANAGEMENT
BUSINESS AND MONEY MANAGEMENT

Goods and services Distinguish between goods and services
Goods and services Source and places where consumers may buy goods and services
FINANCIAL GOALS Importance of setting financial goals.
Factors to consider when setting up financial goals.

By the end of the lesson, the learner should be able to:

Visit a local market near the school
Observe various businesses and note down the activities they carry out
Enjoy compiling and sharing a list of goods and services available in the market

Learners are guided in groups to:
Visit a local market near the school
Observe various businesses and note down the activities they carry out
Compile a list of goods and services available in the market
Share the list with other groups

Do the traders sell goods or provide services?

Newspapers
Text Books
Journals
Digital devices spark story moja pg.
Business Studies
curriculum design
-Business Studies
Handbook page 1
-Digital resources
-Volunteer resource
persons
-Approved textbooks
and reference
materials
-Photographs and pictures
-Charts
-Sample personal
budget temp
late
Mentor Business Studies Learner's Book Grade 8 pg. 1-2
-
Handbook2
-KLB business studies grade 8 pg.
late

Written questions Oral questions Written reports Oral Report Observation

BUSINESS AND MONEY MANAGEMENT

Financial goals-Setting financial goals
Formulating financial goals
Appreciating financial goals

By the end of the lesson, the learner should be able to:
lesson,

Analyse the meaning and importance of goal setting as used in financial management.
Examine the factors to consider when setting financial goals.
e) Appreciate the importance of setting goals
in financial management.

Learner shall be guided to:
-Discuss and present the meaning and importance of goal
setting as used in financial management
-Brainstorm and present the
factors to consider when setting financial goals
-Discuss and present the importance of financial discipline.
-Use digital devices
or textbooks or library to search for information for
setting financial goals
-Set financial goals with assistance from a resource person or teacher or parent or guardian.

What are the factors to consider when setting financial goals?

Business Studies
curriculum design
-Business Studies
Handbook pg4
-Digital resources
-Volunteer resource
persons
-Approved textbooks
and reference
materials
-Photographs and pictures
-Charts
-Sample personal
budget temp
late
Mentor Business Studies Learner's Book Grade 8 pg. 3
-
Handbook pg 8
late Mentor Learner's Book Grade 8 pg. 4
-
Handbook
Mentor Learner's Book Grade 8 pg. 5-6

Assignments -Self and peer assessment -Oral questioning -Portfolio Assessment -Observation -Journaling -Learner's Profiling

BUSINESS AND MONEY MANAGEMENT

Income 8
Talents
abilities
Ethical issues

By the end of the lesson, the learner should be able to:

lesson,
analyse the sources of
income for an individual
demonstrate the use of
talents and abilities
for income generation
apply available resources to develop talents for income generation
identify the ethical and
legal issues in generating income.
conform to ethical and
legal issues in generating income.

Learners shall be guided to:
-discuss and present the sources of income
-exhibit their talents and abilities to generate income
through talent shows and exhibitions in school
-nurture their talents and abilities to generate income
in financial literacy and other school clubs
-utilise technology or
other locally available resources to develop their talents for income generation
-search, analyse and report the case study
on ethical and legal issues in generating income

Where can an individual get income from?

Business Studies
curriculum design
-Business Studies
assessment
handbook
-Digital resources
-Volunteer resource
persons
-Photographs and pictures
-Local market
business
environment
Mentor Business Studies Learner's Book Grade 8 pg. 7
Mentor Learner's Book Grade 8 pg. 8
Mentor Learner's Book Grade 8 pg. 9
Mentor Learner's Book Grade 8 pg. 10-12

Oral questioning -Portfolio assessment -Observation Project work -Journaling -Learner's Profiling -Assignments -Self and peer assessment.

BUSINESS AND MONEY MANAGEMENT
BUSINESS AND ITS ENVIRONMENT

Ethical issues
Budgeting and spending
TYPES OF BUSINESS ENTERPRISES 10

By the end of the lesson, the learner should be able to:

lesson,
analyse the sources of
income for an individual
demonstrate the use of
talents and abilities
for income generation
c)apply available resources to develop talents for income generation
d)identify the ethical and
legal issues in generating income.
conform to ethical and
legal issues in generating income.

Learners shall be guided to:
-discuss and present the sources of income
-exhibit their talents and abilities to generate income
through talent shows and exhibitions in school
-nurture their talents and abilities to generate income
in financial literacy and other school clubs
-utilise technology or
other locally available resources to develop their talents for income generation
-search, analyse and report the case study
on ethical and legal issues in generating income

Where can an individual get income from?

Business Studies
curriculum design
-Business Studies
assessment
handbook
-Digital resources
-Volunteer resource
persons
-Photographs and pictures
-Local market
business
environment
Mentor Business Studies Learner's Book Grade 8 pg. 13
Mentor Learner's Book Grade 8 pg. 15-19
-
Business Studies
-
Photographs and
pictures
-
Local market
Business environment Mentor Learner's Book Grade 8 pg. 30-34
Business environment
Mentor Learner's Book Grade 8 pg. 3536

Oral questioning -Portfolio assessment -Observation Project work -Journaling -Learner's Profiling -Assignments -Self and peer assessment.