24593569 business studies sow 2010 1 igcse y78

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IGCSE Business Studies 0450 - SoW Working Committee

Head Coordinator

- Hjh Harita binti Hj Hassan

Sekolah Menengah Sayyidina Abu Bakar, Lambak

Assistant Coordinator- Hj Mohd Yura Faizal bin Hj Mohd YusofSekolah Menengah PJN Abu Bakar, BelaitMember

- Dk Jamilah binti Pg Kamis

Sekolah Menengah Sayyidina Husain, Jerudong

The aim of this Scheme of Work is to set out a progression through the Syllabus content, and to give ideas for activities, together with references to relevant Internet sites.

The Scheme is intended to give ideas to teachers from which they can build. It is certainly not intended that teachers undertake all of the activities shown in the various units depending on the time available but rather to offer choices which could depend on the academic teaching schedule.

Teaching durations for topics have not been given as there is a great deal of variability in time available especially teaching the Applied Programmes students. However, the Scheme does provide a progressive teaching sequence throughout the academic schedule.

IGCSE BUSINESS STUDIES 0450

UnitsTopics

Units 1Business Activity

Units 2Marketing

Units 3Production

Units 4People and Work

Units 5Business Organization

Units 6Business Finance and Accounting

Units 7External Influences

IGCSE BUSINESS STUDIES 0450 3 Years (Applied Programme)

Year 9Year 10Year 11

Unit 11.1Unit 22.1Unit 33.7

1.22.23.8

1.32.3

1.42.4Unit 55.4

1.52.5

1.62.6Unit 66.5

1.72.76.6

2.86.7

Unit 55.12.96.8

5.22.106.9

5.32.116.10

2.126.11

6.12

Unit 66.1Unit 33.1

6.23.2Unit 77.1

6.33.37.2

6.43.47.3

3.57.4

3.67.5

7.6

Unit 44.17.7

4.27.8

4.37.9

4.47.10

4.57.11

4.67.12

4.77.13

4.87.14

7.15

Unit 55.57.16

5.67.17

5.7

5.8

5.9

IGCSE BUSINESS STUDIES 0450 2 Years (General Programme)

Year 9Year 10

Unit 11.1Unit 33.1Unit 55.5Unit 77.1

1.23.25.67.2

1.33.35.77.3

1.43.45.87.4

1.53.55.97.5

1.63.67.6

1.7Unit 33.77.7

Unit 44.13.87.8

Unit 55.14.27.9

5.24.3Unit 55.47.10

5.34.47.11

4.5Unit 66.57.12

4.66.67.13

Unit 66.14.76.77.14

6.24.86.87.15

6.36.97.16

6.46.107.17

6.11

Unit 22.16.12

2.2

2.3

2.4

2.5

2.6

2.7

2.8

2.9

2.10

2.11

2.12

Course Units 1. Business Activity

1.1 Introduction

1.2 Business Activity as a means of adding value and helping to satisfy customers needs.

1.3 Classification of local and national firms into primary, secondary and tertiary sectors.

1.4 Business objectives and their importance .

1.5 Stakeholders and their differing objectives.

1.6 Aims of private and public sector organisations.

1.7 Business growth and measurement of size .

2. Business Organisations

2.1 Relationship between business objectives, growth and organisation

2.2 Types of business organisation

2.3 Limited and unlimited liability

2.4 Growth of multinational organisations

2.5 Control and responsibility

2.6 Internal organisation

2.7 Communication

2.8 Methods of communication3. Marketing

3.1 The role of marketing

3.2 Market research

3.3 Presentation and use of results

3.4 Market segmentation

3.5 Mass and niche marketing

3.6 Marketing mix

3.7 Product

3.8 Price

3.9 Distribution

3.10 Promotion

3.11 Marketing strategy

3.12 Marketing budge4. Production 4.1 Using resources to produce goods and services 4.2 Methods of production

4.3 Scale of production

4.4 Quality control

4.5 Location decisions

4.6 Efficiency

4.7 Costs and their classification

4.8 Break-even analysis

5. People and Work 5.1 Role of work in satisfying human needs

5.2 Methods of financial reward

5.3 Non-financial rewards

5.4 Management styles and motivation methods

5.5 Stages of recruitment and selection

5.6 Training methods

5.7 Dismissal and redundancy

5.8 Workforce and the working environment.6. Business Finance and Accounting 6.1 Use of funds

6.2 Short and long term financial needs

6.3 Sources of internal and external funds

6.4 Factors affecting the methods of finance chosen

6.5 Cash and cashflow forecasts

6.6 Profit

6.7 Users of accounts

6.8 Purpose and main elements of profit and loss account

6.9 Purpose and main elements of balance sheet

6.10 Simple interpretation of financial statements using ratios

6.11 Working capital

6.12 Financial budgets

7. External Influences 7.1 Mixed and market economies

7.2 Key features of own national economy

7.3 Business reactions to market change

7.4 Competition and business

7.5 Business cycle

7.6 Government influence over decision making by using economic policy measures

7.7 Impact of business decisions on people, the economy and the environment

7.8 Government economic policy measures

7.9 Impact of technology on business

7.10 Ethical issues

7.11 Workforce and the working environment 7.12 The consumer

7.13 International trade

7.14 Problems of entering new markets abroad

7.15 Exchange rates

7.16 Concept of exchange rates and how changes in them affect businesses

7.17 External costs and benefits Unit 1 Business Activity

Glossary :Marketing, Human Resources Management, Production, Finance, External Influences, Final Customer, Intermediate Customer, Customer Value Added, Public Sector, Private Sector, Privatization, Profit, De-industrialization, Primary, Secondary, Tertiary Sectors, Turnover, Profit, Capital Employed, Strategic decisions, Tactical decisions, StakeholderTIME FRAMEOBJECTIVESTOPICLESSON CONTENTSSUGGESTED TEACHING LEARNING ACTIVITIESSUGGESTED

ON-LINE

3 WEEKSStudents should be able to:

Explain the difference between wants and needs.

Understand what is meant by scarce resources.

Apply the principle of opportunity costs.

Explain the importance of specialization in production

Demonstrate the understanding of business activity in adding value and helping to satisfy the needs of customers in changing competitive environment.

Understand the purpose of business activity and the importance of different groups involved in it.

Explain the purpose of business activity in terms of the objectives of non-profit making activity, private enterprise and public enterprise.1.1

Introduction.

Get students to make a presentation in groups to address the question, What makes a successful business? Draw out the key features of the course (Marketing, HRM, Finance, Production)

www.acra.gov.sg/general/directory.html

1.2 Business activity as a means of adding value and meeting customer need. Discuss the complete process from source to finished product in making furniture (from forest to customers room) bringing out concepts of customer, value added, customer needs; also relate this to Primary, Secondary and Tertiary Sectors.

Discover extent of public sector in students own country (this could also be covered under 1.5 business objectives).

Visit the website of the government. See resource list for some ideas.

TIME FRAMEOBJECTIVESTOPICLESSON CONTENTSSUGGESTED TEACHING LEARNING ACTIVITIESSUGGESTED

ON-LINE

3

WEEKSStudents should be able to:

Describe and classify business activity in term of Primary, Secondary and Tertiary Sectors.

Demonstrate the understanding of business activity in adding value and helping to satisfy the needs of customers in changing competitive environment.

1.3

Classification of local and national firms into Primary, Secondary and Tertiary Sectors.

Class investigation to identify nature and importance of each sector in own country, Brunei Darussalam. May be useful to do comparison with another country. Graph of different sectors in selected countries and compare them. Also explain how these sectors change as a country develops.

Visit Government websites and explore National Government Statistics.

www.acra.gov.sg/general/directory.htmlwww.economy.gov.eg (Egypt)

www.ipa.gov.pg (Papua New Guinea)

www.gov.bw (Botswana)

http://www.bccthai.com/ (Thailand)

www.mop.gov.kw (Kuwait),

www.saudinf.com (Saudi Arabia)

www.investinspain.org (Spain)

www.statistics.gov.uk (UK)

www.pak.gov.pk , (Pakistan)

www.commonwealth.org.uk

Show knowledge of the methods and problems of measuring the size of business units.

1.4 Business growth and measurement of size.

Students classify a variety of businesses by turnover, profit, labour, capital employed, outlets. Problems brought out through discussion of results. Provide students with these statistics on various businesses.

Use local sources or

www.bized.co.ukLook at change in size of www.vodaphone.co.uk

Describe and explain the private and public sectors as a way of organising business activity. Include - Why businesses grow