IGCSE Business Chp. Chp. 1 & 2 Keywords – Mission statement, objectives, profit maximization Class : Y10 Lesson Topic: Business and the Environment Scheme

IGCSE Business Chp. Chp. 1 & 2

Keywords – Mission statement, objectives, profit maximization

• Class : Y10

• Lesson Topic: Business and the Environment

• Scheme of Work: Business Objective



Tell me three things...

about the topic we are studying.Or,

you learnt in the last lesson.

STARTER



Questions you would like to ask

Today we will begin studying ____________. What are the questions you would like answered.



Noun Play

_________ is like (a) ________ because….

First blank is for the topic, concept etc.Second blank is for the random noun.

e.g. Communication is like driving because…



Lesson Objectives P&DPlanning and

Data

ALL (KNOWLEDGE) Describe a business main objective

MOST (ANALYSIS) • Analyse a business objective

• SOME (EVALUATION ) • Evaluate the usefulness of an objective

Higher thinking

Skills



CONNECTIVES for AnalysisCONNECTIVES for ApplicationCONNECTIVES for Evaluation

COMPARINGEqually…As with…Like…In the same way…Similarly…Even so…Likewise…CAUSE & EFFECT

Consequently… Due to…As a result… Therefore..Because of… Because…

CONCLUDINGFirstly… After…Secondly… Before…Overall… I believe…Finally… I think …In conclusion… it depends…To conclude… short term…Meanwhile… Long term…

CONTRASTINGAlthough… Except…Moreover… If…However… Yet…Apart from… Unless…Despite… As long as…

EMPHASISINGMost importantly…Significantly…Notably…Especially…Above all…In particular…Indeed…

QUALIFYINGDespite… Yet…As long as… Unless…Apart from… If…Moreover… Except…However… Although…

ADDINGIn addition… And…Too… Also…Additionally… As well as…Furthermore…

ILLUSTRATINGFor instance… Such as…In the case of… So…For example…As revealed by…As illustrated by…



What is a business objective?



Private sector Objectives

PROFIT MAX



Private sector objectives • Survival

• Profit

• Growth

• Increase power (market share)



S.M.A.R.T Objectives • Everybody makes objectives;

• Individuals, families and businesses.

• Your objective this year is a good grade!



• Discuss with your partner how you would make these weights goals SMART?





Public sectorObjectives



Public Sector objectives • Non profit

• More about;

• Quality of service • Improved satisfaction• Reduce costs





CONNECTIVES for AnalysisCONNECTIVES for ApplicationCONNECTIVES for Evaluation

COMPARINGEqually…As with…Like…In the same way…Similarly…Even so…Likewise…CAUSE & EFFECT

Consequently… Due to…As a result… Therefore..Because of… Because…

CONCLUDINGFirstly… After…Secondly… Before…Overall… I believe…Finally… I think …In conclusion… it depends…To conclude… short term…Meanwhile… Long term…

CONTRASTINGAlthough… Except…Moreover… If…However… Yet…Apart from… Unless…Despite… As long as…

EMPHASISINGMost importantly…Significantly…Notably…Especially…Above all…In particular…Indeed…

QUALIFYINGDespite… Yet…As long as… Unless…Apart from… If…Moreover… Except…However… Although…

ADDINGIn addition… And…Too… Also…Additionally… As well as…Furthermore…

ILLUSTRATINGFor instance… Such as…In the case of… So…For example…As revealed by…As illustrated by…



Exam style questions A-A*

1. Discuss2. Evaluate

(8-12m) 8+ connectives & key words

C-B

1. Explain 2. Analyze

(5-7 m) 5+ connectives & key words

E-D

1. Identify 2. Define

(2-4m) 2 + connectives & key words

ATDApply to

demonstrate



Lesson Objectives P&DPlanning and

Data

ALL (KNOWLEDGE) Describe a business main activity

MOST (ANALYSIS) • Analyse a business activity or external factor

SOME (EVALUATION ) • Evaluate the usefulness of a stakeholder to a businesses success.

Higher thinking

Skills



Questions you would like to aske.g.

Today we have been studying_______________.

Think of 1 questions to ask other people in the class about today’s lesson.

PLENARY



Freeze Frame

Students have to produce a freeze-frame showing one aspect of their learning.

E.G. A communication method or a finance or a sector of the economy

http://www.curriculumsupport.education.nsw.gov.au/litnum/thrudoorway/images/groupD2.gif



Spell a key word to your friend using sign language…



Exam Question

Write an exam question based on your learning today. Then, swap books and answer someone else’s question.

Answer PLAN: Intro – define key wordExplain 1 advantage (BLT)Explain 1 disadvantage (BLT)Conclude – I think, however, it depends…

E.g. Discuss whether a bank loan is suitable for business startup .

Start with; Discuss or Evaluate whether or To what extent is _______________________________________________________________________________________________________________________________________ (6m)

3+ connectives 3+ key words

Documents

IGCSE Business Chp. Chp. 1 & 2 Keywords – Mission statement, objectives, profit maximization Class : Y10 Lesson Topic: Business and the Environment Scheme