My Little House School Academic year: 2021/2022 Yearly Plan IGCSE Sociology First term Month Week September 1 (17 -21) Chapter Lesson objective Orientation Week for Student 2 (24- 28) 1.1.1 Chapter 1.1 Business activity 1.1.2 October 3(1-5) 4( 8-12) Student should be able to: The purpose Understand the importance and nature of of business activity, what business business needed to be activity successful. Explain the importance of specialization. Outline the advantage and disadvantages of The importance specialization ( division of of specialization labor) Student should be able to: Describe and classify Chapter 1.2.1 Types of Business business activity in term of 1.2 activity primary, secondary and Classification of tertiary sectors. businesses Use examples to demonstrate understanding. 1.2.2 Private and Public Identify the key features of sector businesses the structure of your own national economy. Explain the purpose of business activity in terms of the objectives of non-profit activity, private enterprise and public enterprise. Student should be able to: 1.3.1 Characteristics of Understand the Chapter successful characteristics of successful 1.3 entrepreneurs entrepreneurs. Enterprise, Identify the content of business growth business plan. and size 1.3.2 Content of Show how a business plan business plan and how assists entrepreneurs. business plans assist entrepreneurs 1.3.4 Business Growth and Measurement of size 5 (15-19) 1.4.1 Sole trader and partnership Chapter 1.4 Types of business organization Show understanding of different methods of measuring the size of business units. Show awareness of the problems of using different methods. Understand different methods by which business can grow. Explain reasons why businesses seek to grow. Student should be able to: Describe the main feature of sole traders and partnerships. Understand the difference between sole trader and partnership. 1.4.2 other types of business organization 6 (22-26) Chapter 1.4 Types of business organization 1.4.3 Objectives, growth and business organisation. 1.4.4 Limited and unlimited Liability 7(29-2) Chapter 1.5 Business objectives and stakeholders objectives. 1.5.1 Business objectives 1.5.2 Stakeholders and their different objectives. Describe the main feature of limited company, franchise and joint ventures. Student should be able to: Discuss the appropriateness of a given form of organizations. Recommend and justify the suitable forms of business organization to the owners and management in a given situation. Understand the concept of limited liability. Student should be able to: Demonstrate an understanding that business can have several objectives, and the importance of these can change. Understand the need for business objectives. State and explain the role of different grouped involved in the business activity and November 8( 5-9) Chapter 1.5 Business objectives and stakeholders objectives 9 (12-16) Review Sessions for Mid Terms Exams 10(19-23) Mid-Terms 11(26-30) 41.1 The Meaning of Production 4.1 Production of goods and Services 12(3-7) December 1.5.3 Aims of the private and public sectors. 4.1 Production of goods and Services 4.2 Cost, Scale of production and Break even analysis their objectives: consumers, employees, managers, owners, shareholders. Identify and explain the objectives of different stakeholders group. . Student should be able to: Demonstrate an awareness of the differences in the aims and objectives of private and public sector organization. - Student should be able to: Understand how resources can be used and managed to help organization achieve their objectives. 4.1.2 Methods of Identify the difference Production between production and productivity. Explain job, batch and flow 4.1.3 Lean production production methods. Explain the main advantage of different methods. Identify and explain ways of implanting lean production methods. Student should be able to: 4.1.4 How technology Understand the concept of has changed production productivity. methods Understand the concept of turning resource inputs into an output. State and explain the cost 4.2.1 cost and classification of cost structure of a business. Demonstrate understanding as to why the process of 4.2.2 Scale of production generates costs. Production Classify costs into fixed and variable/direct/indirect 4.2.3 Break-even analysis and cost based Explain the concept of decisions economies and diseconomies of scale. 13(10-14) 14(17-21) 15(24-28) 4.3 Achieving quality production 4.4 Choosing Locations 5.1 Financing business activity 4.3.1 Quality 4.4.1 Factors influencing location and relocation 5.1.1 The need for finance 5.1.2 Major sources of finance 16 January First Term Exams 17 18 Winter Break Understand the reasons why economies and diseconomies occur. Explain a simple break-even chart. Construct a simple breakeven chart. Interpret a given chart and use it to analyze the situation. Student should be able to: Explain the importance of quality control. Explain why quality control and quality assurance matter to a business. Student should be able to: Identify and explain factors relevant to the location decisions for manufacturing and service business. Show awareness of factors that a business consider in determining in which country to relocate itself. Student should be able to: Identity the main need for finance. Understand why a business need finance. Understand the difference between short term and long term finance. Understand the importance of microfinance.