Tools and Production

Production Unit - Factors for locating a production unit
Production Unit - Assessing location factors

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

- Explain the meaning of a production unit
- Identify factors considered when locating a production unit
- Appreciate the importance of proper location for a production unit

- Discuss the meaning of the term 'production unit'
- Brainstorm and present factors considered when choosing the location of a production unit
- Share discussion points in class

How is the location of a production unit determined?

- Pre-Technical Studies 
- Digital devices

- Charts
- Observation checklist
- Local production units

- Observation - Question and answer - Group presentation

Tools and Production

Production Unit - Availability of raw materials and market
Production Unit - Infrastructure and labor
Production Unit - Factors determining size

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

- Explain how availability of raw materials affects location
- Discuss the importance of market proximity
- Value the relationship between location and business success

- Explain how infrastructure affects location decisions
- Discuss the importance of available labor
- Show interest in understanding location economics

- Use print or digital media to search for information on how availability of raw materials and market proximity affect location of production units
- Discuss findings in groups
- Present findings in class
- Use print or digital media to search for information on how infrastructure and labor availability affect location of production units
- Discuss findings in groups
- Present findings in class

How does market proximity affect a production unit's location?
Why is infrastructure important when locating a production unit?

- Pre-Technical Studies
- Digital devices
diagrams

- Question and answer - Written assignment - Group presentation

Tools and Production
Entrepreneurship

Production Unit - Locating a production unit
Bookkeeping - Importance of bookkeeping

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

- Apply knowledge on location factors
- Suggest suitable locations for different production units
- Show responsibility in making business decisions

- In groups, select a type of production unit
- Discuss suitable locations for the production unit based on factors learned
- Justify choices
- Present findings to class

What is the most suitable location for your chosen production unit?

- Mentor Pre-Technical Studies pg. 114
- Charts on importance of bookkeeping

- Group presentation - Peer assessment - Question and answer

Entrepreneurship

Bookkeeping - Assets, liabilities and capital

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

- Define assets, liabilities and capital
- Identify examples of assets, liabilities and capital
- Appreciate the importance of differentiating business components

- Search for the meaning of assets, liabilities and capital using digital devices or textbooks
- Identify assets shown in pictures
- Discuss examples of liabilities and capital
- Present findings to other groups

What is the difference between assets, liabilities, and capital?

- Mentor Pre-Technical Studies pg. 115
- Pictures of business assets
- Digital devices
- Charts

- Question and answer - Written test - Observation

Entrepreneurship

Bookkeeping - Bookkeeping equation
Bookkeeping - Business transactions
Bookkeeping - Cost and price of a product

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

- Explain the concept of bookkeeping equation
- Apply the bookkeeping equation in business scenarios
- Show interest in understanding financial relationships

- Differentiate between cost and price
- Calculate profit and loss from business transactions
- Appreciate the importance of pricing in business

- Discuss the bookkeeping equation (Assets = Capital + Liabilities)
- Calculate assets, liabilities and capital using the bookkeeping equation
- Solve practice exercises using the equation
- Study pictures showing buying and selling activities
- Discuss the difference between cost and price
- Calculate profit or loss from various transactions
- Present findings in a table

How does the bookkeeping equation help in financial management?
How is profit or loss determined in a business?

- Mentor Pre-Technical Studies pg. 119
- Calculators
- Charts showing bookkeeping equation
- Practice exercises
- Mentor Pre-Technical Studies pg. 122
- Case studies
- Mentor Pre-Technical Studies pg. 126
- Calculators
- Charts on profit calculation
- Examples of business transactions

- Calculation exercises - Question and answer - Written test
- Calculation exercises - Question and answer - Written assignment

Entrepreneurship

Bookkeeping - Statement of financial position
Bookkeeping - Preparing a statement of financial position

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

- Explain the meaning of a statement of financial position
- Identify components of a statement of financial position
- Show interest in financial statements

- Discuss the components of a statement of financial position
- Study a sample statement of financial position
- Identify assets, liabilities and capital in the statement

How does a statement of financial position show a business's health?

- Mentor Pre-Technical Studies pg. 128
- Sample financial statements
- Digital devices
- Charts
- Mentor Pre-Technical Studies pg. 129
- Calculators
- Practice exercises

- Question and answer - Written test - Observation

Entrepreneurship

Bookkeeping - Cash flow statement

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

- Explain the meaning of a cash flow statement
- Identify components of a cash flow statement
- Show responsibility in monitoring cash flow

- Discuss the components of a cash flow statement
- Study a sample cash flow statement
- Identify cash inflows and outflows in the statement

Why is monitoring cash flow important for a business?

- Mentor Pre-Technical Studies pg. 130
- Sample cash flow statements
- Digital devices
- Charts

- Question and answer - Observation - Written test

Entrepreneurship

Bookkeeping - Preparing a cash flow statement
Bookkeeping - Income statement
Bookkeeping - Preparing an income statement
Bookkeeping - Importance of financial records

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

- Calculate net cash flow from business operations
- Prepare a simple cash flow statement
- Value the importance of tracking cash movement

- Calculate gross profit and net profit
- Prepare a simple income statement
- Value accuracy in profit calculation

- Study a sample cash flow statement
- Follow step-by-step instructions to prepare a cash flow statement
- Calculate net movement in cash
- Compare opening and closing cash balances
- Study a sample income statement
- Follow step-by-step instructions to prepare an income statement
- Calculate gross profit and net profit
- Present work for review and discussion

How is a cash flow statement prepared?
How is an income statement prepared?

- Mentor Pre-Technical Studies pg. 131
- Sample cash flow statements
- Calculators
- Practice exercises
- Mentor Pre-Technical Studies pg. 133
- Sample income statements
- Digital devices
- Charts
- Mentor Pre-Technical Studies pg. 134
- Sample income statements
- Calculators
- Practice exercises
- Mentor Pre-Technical Studies pg. 135
- Case studies
- Digital devices
- Charts

- Practical assessment - Calculation exercises - Written assignment

Entrepreneurship

Income and Budgeting - Sources of income

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

- Define the term 'income'
- Identify various sources of income for an individual
- Appreciate the importance of multiple income streams

- Search for the meaning of income using digital devices or textbooks
- Study examples of individuals with different income sources
- Identify the sources of income for each individual
- Discuss the meaning of 'sources of income'

What are the different ways people can earn income?

- Mentor Pre-Technical Studies pg. 137
- Charts showing sources of income
- Digital devices
- Pictures showing income-generating activities

- Question and answer - Observation - Written assignment

Entrepreneurship

Income and Budgeting - Types of income sources
Income and Budgeting - Importance of budgeting

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

- Categorize different sources of income
- Explain various income types like salary, business, investment
- Show interest in understanding income sources

- Study a chart showing various sources of income
- Discuss the meaning of various income sources
- Categorize income sources as active or passive
- Present findings to classmates

How can income sources be categorized?

- Mentor Pre-Technical Studies pg. 138
- Charts on income sources
- Digital devices
- Pictures
- Mentor Pre-Technical Studies pg. 139
- Charts on importance of budgeting
- Case studies

- Question and answer - Group presentation - Written test

Entrepreneurship

Income and Budgeting - Ways of spending money wisely
Income and Budgeting - Preparing a simple budget
Income and Budgeting - Income allocation in budgeting

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

- Identify ways of spending money wisely
- Explain the concept of needs versus wants
- Show responsibility in personal financial management

- Identify components of a personal budget
- Prepare a simple personal budget
- Appreciate the value of planning for expenses

- Study a poster with tips on spending money wisely
- Discuss what they have learned from the tips
- Identify other ways of spending money wisely
- Create quotes on spending money wisely
- Discuss what to consider when preparing a simple budget
- Study a sample personal budget
- Prepare a simple budget for personal financial management
- Present budget to classmates for feedback

How can we spend money wisely?
What should be included in a personal budget?

- Mentor Pre-Technical Studies pg. 142
- Posters on wise spending
- Digital devices
- Charts
- Mentor Pre-Technical Studies pg. 143
- Sample budget templates
- Calculators
- Charts
- Pre-Technical Studies Curriculum Design
- Budget allocation charts
- Sample budgets

- Question and answer - Creative writing assessment - Observation
- Practical assessment - Peer assessment - Written assignment

Entrepreneurship

Income and Budgeting - Budget tracking and adjustment

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

- Explain methods for tracking budget implementation
- Identify reasons for budget adjustments
- Value accountability in budget management

- Discuss methods for tracking spending against budget
- Analyze scenarios requiring budget adjustments
- Develop simple budget tracking tools
- Role-play budget review meetings

How can we track and adjust our budget?

- Pre-Technical Studies Curriculum Design
- Budget tracking templates
- Case studies
- Digital devices

- Role-play assessment - Practical assignment - Observation

Entrepreneurship

Income and Budgeting - Ethical practices in budgeting
Income and Budgeting - Unethical practices in budgeting

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

- Define ethics and ethical practices
- Identify ethical practices in budgeting
- Value honesty and transparency in financial matters

- Discuss the meaning of ethics and ethical practices
- Read a case study about a community group making a budget
- Identify ethical practices that should be followed when budgeting

What are the ethical issues in income and budgeting?

- Mentor Pre-Technical Studies pg. 144
- Case studies
- Digital devices
- Charts
- Mentor Pre-Technical Studies pg. 145
- Internet connectivity

- Question and answer - Case study analysis - Written assignment

Entrepreneurship

Income and Budgeting - Financial planning
Income and Budgeting - Setting financial goals
Marketing Goods and Services - Importance of marketing

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

- Explain the concept of financial planning
- Discuss the importance of financial planning in income management
- Value long-term financial thinking

- Define market and marketing
- Explain the importance of marketing to a business
- Appreciate the role of marketing in business success

- Read a story about financial planning
- Discuss how financial planning helped the character
- Identify the importance of financial planning
- Share examples of financial planning from their experiences
- Discuss scenarios involving buying and selling
- Define the terms 'market' and 'marketing'
- Study pictures showing marketing activities
- Discuss the importance of marketing to a business

How does financial planning help in income management?
Why is marketing important?

- Mentor Pre-Technical Studies pg. 146
- Case studies
- Digital devices
- Charts
- Pre-Technical Studies Curriculum Design
- Goal-setting templates
- Charts on SMART goals
- Mentor Pre-Technical Studies pg. 147
- Pictures showing marketing activities
- Digital devices
- Charts

- Question and answer - Case study analysis - Written assignment
- Question and answer - Observation - Written assignment

Entrepreneurship

Marketing Goods and Services - Elements of marketing
Marketing Goods and Services - Sources of market information

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

- Identify the key elements of marketing (advertising, selling, delivery)
- Explain how each element contributes to successful marketing
- Show interest in understanding marketing processes

- Discuss the three main elements of marketing: advertising, selling, and delivery
- Study examples of each element in real businesses
- Create a diagram showing how these elements work together
- Present diagrams to classmates

What are the key elements of effective marketing?

- Pre-Technical Studies
- Marketing diagrams
- Pictures of marketing activities
- Digital devices
- Mentor Pre-Technical Studies pg. 150
- Newspaper articles
- Internet connectivity

- Diagram assessment - Group presentation - Question and answer

Entrepreneurship

Marketing Goods and Services - Consumer behavior

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

- Explain what influences consumer buying decisions
- Identify factors that affect consumer preferences
- Value the importance of understanding customers

- Discuss factors that influence buying decisions (price, quality, trends)
- Analyze personal buying decisions and what influenced them
- Conduct simple surveys about consumer preferences
- Share findings with classmates

What factors influence consumer buying decisions?

- Pre-Technical Studies
- Survey templates
- Digital devices
- Charts on consumer behavior

- Survey project assessment - Group presentation - Question and answer

Entrepreneurship

Marketing Goods and Services - Factors for market selection
Marketing Goods and Services - Tools for marketing
Marketing Goods and Services - Suitable markets

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

- Identify factors considered when selecting a market
- Explain how these factors affect market selection
- Value informed decision-making in business

- Identify suitable markets for different goods and services
- Match products to appropriate market segments
- Value strategic thinking in marketing

- Read a case study about a business owner selecting a market
- Explore the factors considered when selecting the market
- Discuss other factors to consider when choosing a market
- Write down findings and present them to classmates
- Brainstorm on suitable markets for different goods and services
- Discuss factors that make a market suitable for specific products
- Present findings to classmates

How is the market of goods and services selected?
How do businesses identify suitable markets for their products?

- Mentor Pre-Technical Studies pg. 152
- Case studies
- Digital devices
- Charts
- Mentor Pre-Technical Studies pg. 153
- Internet connectivity
- Charts on marketing tools
- Mentor Pre-Technical Studies pg. 154
- Digital devices
- Charts
- Pictures of different products

- Question and answer - Case study analysis - Written assignment
- Question and answer - Group presentation - Written test

Entrepreneurship

Marketing Goods and Services - Ethics in marketing
Saving and Investment - Reasons for saving

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

- Identify ethical practices in marketing
- Explain the importance of ethics in marketing
- Show commitment to ethical business practices

- Discuss ethical practices in marketing goods and services
- Analyze scenarios showing ethical and unethical marketing practices
- Prepare a presentation on marketing ethics

What ethical considerations should guide marketing activities?

- Mentor Pre-Technical Studies pg. 155
- Case studies
- Digital devices
- Charts
- Pre-Technical Studies Curriculum Design
- Charts on saving and investment

- Question and answer - Case study analysis - Group presentation

Entrepreneurship

Saving and Investment - Methods of saving
Saving and Investment - Methods of investment

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

- Identify different methods of saving
- Explain the advantages of different saving methods
- Show interest in developing saving habits

- Brainstorm and present on methods of saving and investment
- Discuss advantages and disadvantages of different saving methods
- Make money boxes for personal savings using locally available materials

What are the different ways to save money?

- Pre-Technical Studies Curriculum Design
- Materials for making money boxes
- Digital devices
- Charts
- Internet connectivity
- Charts on investment options

- Practical assessment - Question and answer - Observation

Entrepreneurship

Saving and Investment - Preparing a saving plan
Saving and Investment - Preparing an investment plan
Saving and Investment - Ethical practices

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

- Identify components of a saving plan
- Prepare a simple saving plan
- Show commitment to financial discipline

- Identify components of an investment plan
- Prepare a simple investment plan
- Value strategic financial planning

- Study sample saving plans
- Identify key components of a saving plan
- Prepare a simple saving plan
- Present saving plans to classmates for feedback
- Study sample investment plans
- Identify key components of an investment plan
- Prepare a simple investment plan
- Present investment plans to classmates for feedback

How do you create an effective saving plan?
What should be included in an investment plan?

- Pre-Technical Studies Curriculum Design
- Sample saving plans
- Calculators
- Charts
- Pre-Technical Studies Curriculum Design
- Sample investment plans
- Calculators
- Charts
- Case studies
- Digital devices

- Practical assessment - Peer assessment - Written assignment

Entrepreneurship

Saving and Investment - Unethical practices

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

- Identify unethical practices in saving and investing
- Explain the consequences of unethical financial behavior
- Value integrity in financial matters

- Share experiences on unethical practices in saving and investment
- Discuss the consequences of unethical financial practices
- Search for information on unethical practices to avoid

What are the unethical practices in saving and investing?

- Pre-Technical Studies Curriculum Design
- Case studies
- Digital devices
- Charts

- Question and answer - Case study analysis - Written test