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 IGCSE Business Chp. Chp. 1 & 2 Keywords – Mission statement, objectives, profit maximization Tell me three things... about the topic we are studying. Or, you learnt in the last lesson. STARTER IGCSE Business Chp. Chp. 1 & 2 Keywords – Mission statement, objectives, profit maximization Questions you would like to ask Today we will begin studying ____________. What are the questions you would like answered. IGCSE Business Chp. Chp. 1 & 2 Keywords – Mission statement, objectives, profit maximization 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… IGCSE Business Chp. Chp. 1 & 2 Keywords – Mission statement, objectives, profit maximization P&D Higher thinking Skills Lesson Objectives Planning and Data ALL (KNOWLEDGE) Describe a business main objective MOST (ANALYSIS) • Analyse a business objective • SOME (EVALUATION ) • Evaluate the usefulness of an objective IGCSE Business Chp. Chp. 1 & 2 Keywords – Mission statement, objectives, profit maximization CONTRASTING Although… Except… Moreover… If… However… Yet… Apart from… Unless… Despite… As long as… CAUSE & EFFECT Consequently… Due to… As a result… Therefore.. Because of… Because… CONCLUDING Firstly… After… Secondly… Before… Overall… I believe… Finally… I think … In conclusion… it depends… To conclude… short term… Meanwhile… Long term… COMPARING Equally… As with… Like… In the same way… Similarly… Even so… Likewise… CONNECTIVES for Analysis CONNECTIVES for Application CONNECTIVES for Evaluation EMPHASISING Most importantly… Significantly… Notably… Especially… Above all… In particular… Indeed… QUALIFYING Despite… Yet… As long as… Unless… Apart from… If… Moreover… Except… However… Although… ADDING In addition… And… Too… Also… Additionally… As well as… Furthermore… ILLUSTRATING For instance… Such as… In the case of… So… For example… As revealed by… As illustrated by… IGCSE Business Chp. Chp. 1 & 2 Keywords – Mission statement, objectives, profit maximization What is a business objective? IGCSE Business Chp. Chp. 1 & 2 Keywords – Mission statement, objectives, profit maximization Private sector Objectives PROFIT MAX IGCSE Business Chp. Chp. 1 & 2 Keywords – Mission statement, objectives, profit maximization Private sector objectives • Survival • Profit • Growth • Increase power (market share) IGCSE Business Chp. Chp. 1 & 2 Keywords – Mission statement, objectives, profit maximization S.M.A.R.T Objectives • Everybody makes objectives; • Individuals, families and businesses. • Your objective this year is a good grade! IGCSE Business Chp. Chp. 1 & 2 Keywords – Mission statement, objectives, profit maximization • Discuss with your partner how you would make these weights goals SMART? IGCSE Business Chp. Chp. 1 & 2 Keywords – Mission statement, objectives, profit maximization IGCSE Business Chp. Chp. 1 & 2 Keywords – Mission statement, objectives, profit maximization Public sector Objectives IGCSE Business Chp. Chp. 1 & 2 Keywords – Mission statement, objectives, profit maximization Public Sector objectives • Non profit • More about; • Quality of service • Improved satisfaction • Reduce costs IGCSE Business Chp. Chp. 1 & 2 Keywords – Mission statement, objectives, profit maximization IGCSE Business Chp. Chp. 1 & 2 Keywords – Mission statement, objectives, profit maximization CONTRASTING Although… Except… Moreover… If… However… Yet… Apart from… Unless… Despite… As long as… CAUSE & EFFECT Consequently… Due to… As a result… Therefore.. Because of… Because… CONCLUDING Firstly… After… Secondly… Before… Overall… I believe… Finally… I think … In conclusion… it depends… To conclude… short term… Meanwhile… Long term… COMPARING Equally… As with… Like… In the same way… Similarly… Even so… Likewise… CONNECTIVES for Analysis CONNECTIVES for Application CONNECTIVES for Evaluation EMPHASISING Most importantly… Significantly… Notably… Especially… Above all… In particular… Indeed… QUALIFYING Despite… Yet… As long as… Unless… Apart from… If… Moreover… Except… However… Although… ADDING In addition… And… Too… Also… Additionally… As well as… Furthermore… ILLUSTRATING For instance… Such as… In the case of… So… For example… As revealed by… As illustrated by… IGCSE Business Chp. Chp. 1 & 2 Keywords – Mission statement, objectives, profit maximization ATD Exam style questions A-A* Apply to demonstrate 1. Discuss 2. Evaluate C-B (8-12m) 8+ connectives & key words 1. Explain 2. Analyze E-D (5-7 m) 5+ connectives & key words 1. Identify 2. Define (2-4m) 2 + connectives & key words IGCSE Business Chp. Chp. 1 & 2 Keywords – Mission statement, objectives, profit maximization P&D Higher thinking Skills Lesson Objectives Planning 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. IGCSE Business Chp. Chp. 1 & 2 Keywords – Mission statement, objectives, profit maximization Questions you would like to ask e.g. Today we have been studying_______________. Think of 1 questions to ask other people in the class about today’s lesson. PLENARY IGCSE Business Chp. Chp. 1 & 2 Keywords – Mission statement, objectives, profit maximization 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 IGCSE Business Chp. Chp. 1 & 2 Keywords – Mission statement, objectives, profit maximization Spell a key word to your friend using sign language… IGCSE Business Chp. Chp. 1 & 2 Keywords – Mission statement, objectives, profit maximization Exam Question E.g. Discuss whether a bank loan is suitable for business startup . Start with; Discuss or Evaluate whether or To what extent is ________________________________________________________________________ _______________________________________________________________ (6m) Write an exam question based on your learning today. Then, swap books and answer someone else’s question. Answer PLAN: Intro – define key word Explain 1 advantage (BLT) Explain 1 disadvantage (BLT) Conclude – I think, however, it depends… 3+ connectives 3+ key words