Scheme of Work The Scheme of Work generally follows the Syllabus, but the order in which topics are covered has been adjusted to give a coherent flow to the course. The specification has been sub-divided into seven units, each covering a theme. The progression through these themes has been designed to build on students’ own experiences, and to ensure that students have sufficient basic knowledge and understanding to tackle the more challenging issues. The Units are: Unit 1 Business Activity Unit 2 Business Organisations Unit 3 Marketing Unit 4 People and Work Unit 5 Production Unit 6 External Influences Unit 7 Business Finance & Accounting References have been made to the recommended course textbook: IGCSE Business Studies (third edition) Karen Borrington and Peter Stimpson ISBN 978 0 340 92649 9 Topic 1.1 1.2 1.3 1.4 Introduction to business Explanation of enterprise and entrepreneurship Business activity as a means of adding value and meeting customer need The factors of production, Classification of local and national firms into the public and private sector and primary, secondary and tertiary sectors. Stakeholders and their differing objectives and potential conflicts between stakeholders, Business objectives and their importance The different ways firms can grow Determining size of business Reasons for the importance and growth of multinational companies 1.5 1.6 1.7 Activities Assessment List 10 products and 10 services Thought shower (whole class or paired work): Reasons why people start a business. Make a list of your needs and wants Explain, with simple illustrations, how division of labour or specialisation could be used to make a chosen product Questions on factors of production through the ‘Mercedes Benz’ company. Present different types of businesses to students in which they have to classify them into the correct sectors. List all stakeholders and ask students to provide possible aims and conflicts for each. Thought shower (Divide class in two or paired work): What do businesses aim for? Different scenarios of mergers in which students choose which type of merger it is Case study – John Baxter ltd Advantages and disadvantages of being both a small and large business Group presentation – multinationals are good or bad for Yemen Test Chapter 1 1 2 1 2 2 Half Term 2.1 2.2 2.3 Relationship between business objectives, growth and organisation Limited and Unlimited liability Sole Traders Partnerships Limited Companies – Private limited companies Public limited companies Franchises Question – in what situation could a business get into trouble – paired or group work Questions on a local sole trader business Students will explain the features of a partnership compared to those of a sole trader business Case study ‘Belt Up’. Students will be asked to draw six logos which is associated to public limited companies From textbook, list advantages and disadvantages for both the franchisee and franchisor 3 3 3 2.4 Co-operatives, joint ventures and Charities The Public Sector 2.5 The Divorce of ownership and Control What do managers actually do? 2.6 Leadership Style The Process of communication 2.7 Mediums of communication Assessment Group discussion, name charities that are local, national, regional and international Advantages and disadvantages of public corporations from textbook Completing a diagram (divorce of ownership) by labeling where students think the four types of business ownership’s would appear Name the duties of the various directors and managers of a company Name different situations in which students will be asked which management style will suit the situation best Task – In groups of two or three, students will work out a short role-play, which demonstrates how, if one elements of communication is not present, effective communication cannot be achieved. Produce diagrams of different communication mediums in which students will circle whether they are formal or informal forms of communications and whether they can be internal or external Test 3 3 11 12 12 End of Term 3.1 The role of marketing 3.2 Market segmentation Mass and niche market 3.3 Market research Questions on Coca Cola, its market and its customers Activity 16.3 on page 251 (KB and PS) Shade in the appropriate portions of a diagram to represent a market segment for different products List specialized products in which students will try to figure out and explain who are its customers Design a questionnaire The following products require some primary research. Decide which type of research would be most appropriate to use and why 16 16 17 3.4 Presentation and use of results 3.5 3.6 Marketing mix Product Product Packaging 3.7 Price End of Half Term Calculate the ‘price elasticity 3.8 Place Distribution 3.9 Promotion 3.10 Marketing strategy 3.11 Marketing budget Revision 3.12 Assessment Choose an appropriate way to present information for a fast food restaurant which produces five different burgers, explain choice and what results show For different situations, choose the most appropriate method to use Activity 19.3 on page 288 from textbook (KB and PS) From textbook, describe each stage of the product life cycle Draw the diagram that illustrates the stages of developing a new product from page 289 of the textbook (KB and PS) Activity 19.5, page 292 from textbook (KB and PS) of demand’ for three products Fill in the missing words to a paragraph with words listed Questions revolving around sugar, where customers expect to find it and the importance of placing the product correctly For different products students will state the type of transport that would be most appropriate and would explain their choice Complete a table that identifies the main methods a business can advertise ‘above the line’ Split the class into 4 equal groups. Give each group one promotional item. They are to evaluate it using guidelines. Carry out a PEST Analysis on a product of choice Carry out a SWOT analysis on a product of choice Construct a marketing plan for two products, a bike that has been on the market for a long time, of which sales have started to decline and a new bike to gain market share Revision Test END OF TERM (END OF YEAR) 18 19 19 20 22 21 4.1 Role of work in satisfying human needs Methods of financial rewards Continuing of methods of financial rewards Methods of non-financial rewards Motivation methods Recruitment Continuing of recruitment Selection 4.2 4.3 4.4 4.5 Training methods Dismissal and Redundancy 4.6 4.7 Employee and Employer associations Revision Assessment Questionnaire of students, parents and teachers to what makes them happy at work Mix and match meanings with method of financial reward Mix and match meanings with method of financial reward Pose the question of how would they reward employees non-financially Ask students how would they motivate their workers Get students to draw up a job description and job specification Draw up a job advertisement for a newspaper or visit websites of recruitment agencies Let students interview each other and ask whether they would employ the interviewee Compare the training requirements of various employees (lawyer, teacher, doctor, shop assistant, farm worker). Gather information about three companies that have been reducing the number of workers they employ. Discuss the reasons why this has happened with the class. Give the class the names of three trade unions to research into the activities of these unions: (a) which industries do they operate in? (b) how many members do they have? (c) what have the unions achieved for their members? Discuss whether in Yemen it is the employee or employer associations that will have more negotiable influence Revision Test Half Term 13 13 13 14 14 14 15 5.1 Using resources to produce goods and services Methods of production (job, batch and flow.) 5.2 Continuation of methods of production (job, batch and flow.) Stock control 5.4 Lean production Quality control Improvements in technology Factors affecting location of manufacturing business 5.5 Factors affecting location of retailing business Factors that influence a business to relocate at home or abroad Group work; ask why companies need to keep control of stock Use the case study ‘The Toyota production system’ to develop an understanding of the concept of lean production and the elimination of waste Get the class to look at the quality standards that an item of electrical equipment has to conform to. Think about why this matters to the customer / business Put the students into groups – get them to choose five companies which need to stay ahead of technology to survive – each group will give a brief explanation to the rest of the class Ask students what factors could affect the location of a manufacturing business Research into a business that has just set up in a new location. Investigate the factors that might have 23 Research into local businesses and identify what production methods they use. Investigate whether these results are what the students would have expected. Get the class to look at the following three questions: (a) Why might a local cake shop use batch methods of production? (b) Why would a major car manufacturer use flow methods? (c) What type of businesses use job methods and why is this? 5.3 Research into a local business. Find out what resources they buy in. Look to see what is produced and the value of goods produced. Assess how productive the business appears to be. 23 23 23 24 influenced its choice. 5.6 Factors affecting location of a service sector business Revision or extra lesson 5.7 Revision Assessment 6.1 Government economic objectives Compare the economic and business environment of Yemen to neighboring and western countries Suggest five different businesses and get the class to decide what factors would be important to these in deciding where to locate. 24 Revision or extra lesson Revision Test End of Term 6.2 6.3 Government economic policies Government controls over business 6.4 6.5 Governments helping business Influence of technological changes on business Environmental constraints on business Environmental issues and costbenefit analysis 6.6 Revision Assessment 7.1 Business costs Discuss the following issues: (a) identify situations where government intervention might be needed (b) consider what might happen if unregulated businesses operated. Test; list the economic objectives and meanings Case study example on page 58 Activity 4.3, page 62 Consumer protection – group work, discuss how consumer protection legislation benefits consumers Employee protection – group work, discuss how employee protection legislation to benefit Yemen Group work, why would governments encourage business Discussion on how businesses should introduce technological changes while being sensitive to employees Group work, what legislation should the Yemeni government introduce to make businesses more environmentally friendly Draw two table for a costbenefit analysis highlighting the private costs and benefits and external costs and benefits Revision Test End of Half Term Group work; get students to 4 4 4 4 5 5 7.2 Break-even charts Break even point calculation Economies and dis-economies of scale 7.3 Budgets and forecasting methods Financial documents 7.4 Trading account Profit and loss account 7.5 Balance sheet Ratio analysis list costs that a particular business will have to pay Practice a break-even chart Practice the calculation Students should research into a business that has grown over time. Consider what financial advantages it will have gained as a result of its growth Practice the cost budget table Group work; list all the financial documents students have or are familiar with Practice trading account Practice profit and loss account Use the balance sheet given in book to develop understanding of the structure of this statement. Make sure that the distinction between fixed assets and current assets is understood. Use examples of both to reinforce the distinction. 6 6 6 7 7 7 Make sure the distinction between long-term and current liabilities is understood. Use examples of `both to reinforce this distinction. 7.6 Cash flow forecasts Sources of Finance 7.7 Revision Assessment Practice ratio’s Use a more complex cash flow forecast to increase familiarity Revision Assessment END OF TERM (END OF YEAR) 8 9