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PRESENTATION COLLEGE

SAN FERNANDO
POB LESSON PLAN

TEACHER W. Moses
DATE

CLASS PRINCIPLES OF BUSINESS


TIME period(s)

UNIT

TOPIC Steps for establishing a business

PRE-KNOWLEDGE

1. The concept of entrepreneurship.


2. Role of the entrepreneur in conceptualizing, planning, accessing funds, organizing, operating and
evaluating the performance of a business.
3. Entrepreneurial qualities and traits.
4. Reasons for establishing a business.

PUPILS WILL: CLASSIFICATION

OBJECTIVES:

Intelligences
1. Outline the essential steps that should be taken in Addressed:
establishing a business. 1. Visual/Spatial
2. Interpersonal
3. Logical
4. Linguistic
SET INDUCTION – Time allotted:

1. Use of video to show ‘Shark Tank’ and ‘Plant a Seed’ videos, illustrating entrepreneurs pitching
their business ideas to venture capitalist/angel investors.
2. Student discussions on observations.

SECTION 1- Time allotted:

Content Teaching points:

1. Steps for establishing a business:


(a) Conceptualization;
(b) Research (market probe);
(c) Identification of resources (financial, human, material);
(d) Creation of business plan;
(e) Sources of capital including venture capital/Acquisition of funds;
(f) Operation of the business

METHOD
Teaching Strategy Student Activity Resources

1.Power point presentation on 1.In groups of five (5) conceptualize a business idea 1. Multimedia
that will benefit your country.
teaching points. 2.Create a five-minute video that includes at least 3 2.Smart phones
2.Reference to text and brief out of 5 members to be used to convince investors 3.Internet
to invest in your business.
notes. 3.Video will include:
a) What is the product/service?
b) Who are your customers?
c) Key resources to start business.
d) How much funding you require.
e) What is your advantage (competitive
advantage)?
f) Slogan
4.Students will then post videos on ‘Google
classroom’ for peer and teacher review.

SECTIONAL REVIEW and feedback (formative assessment strategies) Time allotted:

1. Teacher grading of video submissions. Selecting a winner.


2. Online multiple choice exam key questions related to topic.
CLOSURE – Time allotted:

1. Link the importance of good entrepreneurial traits when investors make decisions.
2. Discuss the other methods of funding if one does not attain venture capitalists or angel investor
funding.

FINAL EVALUATION Reasonable level of achievement: Related Objective


– Time allotted

FOLLOW-UP ACTIVITIES

1. Link this activity to Developing a Business Plan and Feasibility Study.

TEACHER’S EVALUATION OF THE LESSON

TUTOR’S COMMENTS

How the ‘SAMAR’ model was utilized in this lesson plan.


1. Substitution- Use of power point to deliver course content.
2. Augmentation- Use of internet to research business idea and potential market.
3. Modification- Use of Google classroom to generate discussions on assignment.
4. Redefinition - Use of smart phones to do video blogs related to assignment.

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