WATERLOO SECONDARY SCHOOL

DEPARTMENT OF BUSINESS AND TECHNOLOGY EDUCATION

SCHEME OF WORK
Academic Year: 2021/2022 TERM: I CLASS/FORM: 5 SUBJECT: Principles of Business
Teacher: Ms. P. Jaggan-Martin
Proposed Unit Topic/Lesson Topic Specific Objectives - Students will Teaching/ Resources Evaluation/ Comment
Cycle/ be able to: Learning Activities Assessment
Period(s)
2021
06/09- Revision – Review of previous 1. Recognize the importance of Explaining Lesson Notes Formative &
10/09 Term’s work reviewing the contents Questioning Word documents Summative
previously taught. Guiding Power point
2. Reorient himself/herself with Analyzing presentations
subject matter that was taught Making corrections
during the previous terms

13/09- SECTION 7: LOGISTICS AND 1. Explain the term logistics and Presentation Lesson notes In-Class
17/09 SUPPLY CHAIN supply chain operations Explaining Power point Exercises
(a) Define: Questioning presentations Home-Work
i. Logistics Analysing Discussion Exercises
ii. Supply chain Giving examples Reference
operations Textbooks
(b) Explanation on the
components of logistics:
forward and reverse flow
of goods; storage of
goods; services such as
insurance and related
information between
destinations
 (c) Activities involved in
supply chain operations:
i. Transformation of
natural resources
ii. Movement and
storage of raw
materials
iii. Processing of raw
materials and
components into
finished goods
iv. Storage of work-in-
progress and finished
goods
v. Delivering the
finished product from
point of origin to
point of destination
20/09- SECTION 7: LOGISTICS AND 1. Identify advantages and Presentation Lesson notes In-Class
24/09 SUPPLY CHAIN challenges of supply chain Explaining Power point Exercises
Advantages of supply chain operations Questioning presentations Home-Work
operations: 2. Explain the impact of logistics Analysing Discussion Exercises
 Better quality of life and supply chain operations Giving examples Reference
 Wealth creation on the competitiveness of Textbooks
 New and innovative job business
opportunities including
entrepreneurship, for
example, telemarketing
Disadvantages of supply chain
operations:
 Globalization
 Counterfeiting
 Product complexity
  Rapid product
obsolescence
 Regulatory complexity
 Management blunders
 Changing market
conditions
 Natural disasters
 Political instability
The impact of logistics and
supply chain operations on the
competitiveness of business:
a. Logistics improve
competitiveness
b. Competitive advantage
c. Comparative cost
advantage through
outsourcing through:
i. Second party
ii. Third party
iii. Fourth party (for
example,
imported
concentrates
27/09- SECTION 7: LOGISTICS AND 1. Describe the links in the chain Presentation Lesson notes In-Class
01/10 SUPPLY CHAIN of distribution Explaining Power point Exercises
The distribution chain: 2. Distinguish between Questioning presentations Home-Work
a. Manufacturer multimodal and intermodal Analysing Discussion Exercises
b. Wholesaler transport Giving examples Reference
c. Retailer 3. Discuss the different modes of Textbooks
d. Consumer transport and their suitability
Multimodal and intermodal for transporting different
transport. goods
Modes of transport and their
 suitability for different goods:
a. Air
b. Rail
c. Road
d. Marine (cruise and
cargo)
e. Pipeline
f. Digital delivery
04/10- SECTION 7: LOGISTICS AND 1. Interpret information on Presentation Lesson notes In-Class
08/10 SUPPLY CHAIN transport documents Explaining Power point Exercises
Transport documents including 2. Explain the role of transport Questioning presentations Home-Work
import licenses, bill of lading in marketing Analysing Discussion Exercises
and airway bills. Giving examples Reference
Role – to fast track sourcing of Textbooks
commodities; ensure security of
supply; and cost reduction.
Importance of transport in
domestic, regional and foreign
trade.
11/10- SECTION 7: LOGISTICS AND 1. Identify the problems likely to Presentation Lesson notes In-Class
15/10 SUPPLY CHAIN be encountered in distribution Explaining Power point Exercises
Problems encountered in 2. Outline measures to mitigate Questioning presentations Home-Work
distribution: problems in distribution Analysing Discussion Exercises
a. Relationship between the Giving examples Reference
availability of airport, Textbooks
harbor and docking
facilities and the efficient
distribution of goods
b. Delayed shipment,
spoilage, misdirection of
goods, inadequate
warehousing facilities,
lack of proper security
 measures, industrial
unrest, and ineffective
communication
Measures to mitigate distribution
problems:
a. Government intervention
b. Communication network
including use of internet
c. Insurance
d. Selecting the most
appropriate channel of
distribution based on
product
e. Use handling services
with good reputation
f. Careful labelling and
documentation
g. Avoid holding large
stocks
h. Employing security
company, use of security
cameras
18/10- SECTION 7: LOGISTICS AND 1. Outline the impact of Presentation Lesson notes In-Class
22/10 SUPPLY CHAIN information technology on Explaining Power point Exercises
Forms of technology: logistics and supply chain Questioning presentations Home-Work
a. Global Positioning operations Analysing Discussion Exercises
Systems (GPS) Giving examples Reference
b. Geographic Information Textbooks
Systems (GIS)
c. Portent
d. Telemarketing, e-
commerce
e. Global logistics providers
 such as DHL, Fedex, and
Amazon Logistics
f. Logistics hub, for
example, Jamaica
25/10- SECTION 8: BUSINESS 1. Identify various financial Presentation Lesson notes In-Class
29/10 FINANCE institutions Explaining Power point Exercises
Financial institutions: 2. Describe the functions and Questioning presentations Home-Work
a. Central bank services offered by financial Analysing Discussion Exercises
b. Commercial banks institutions Giving examples Reference
c. Non-bank financial Textbooks
institutions:
i. Credit unions
ii. Insurance companies
iii. Building societies
d. Micro-lending agencies
e. Government agencies
Functions offered by financial
institutions:
a. Loans/credit facilities
b. Savings and deposits
c. Making payments
d. Investments
Services offered by financial
institutions:
a. Night safe deposits
b. Online banking
c. Advisory services
d. Credit and debit cards
e. Trustee work
f. Deposit boxes
g. ATM/ABM services
h. E-trade
i. Settlement services
 j. Remittance services

01/11- SECTION 8: BUSINESS 1. Describe the role and Presentation Lesson notes In-Class
05/11 & FINANCE functions of financial Explaining Power point Exercises
08/11- a. Financial Regulatory regulatory bodies Questioning presentations Home-Work
12/11 Bodies such as the 2. Describe the relationship Analysing Discussion Exercises
following government between financial institutions Giving examples Reference
organisations: and regulatory bodies Textbooks
i. Central Bank
ii. Jamaica Deposit
Insurance
Company (JDIC)
iii. Financial
Services
Commission
(FSC)
b. Role of regulatory
bodies:
- To monitor, control
and guide various
industry sectors in
order to protect
consumers
c. Functions of regulatory
bodies:
- To enforce
regulations and
licenses of various
financial activities,
including depository,
lending, collection
and money
transmission
 activities
The regulatory role:
a. Central Banks – ways in
which a Central Bank
may regulate commercial
banks:
i. Variations in the
liquid assets ratio
ii. Vary or adjust the
bank rate
iii. Changing the
minimum reserve
requirements
b. Financial Services
Commissions
c. Supervisor of Insurance

15/11- SECTION 8: BUSINESS 1. Outline ways used by Presentation Lesson notes In-Class
19/11 & FINANCE individuals to manage Explaining Power point Exercises
22/11- Ways of managing personal personal income Questioning presentations Home-Work
26/11 income: 2. Differentiate between savings Analysing Discussion Exercises
a. Allocation of income and investments Giving examples Reference
relative to commitments 3. Explain the concepts of short- Textbooks
through the use of a term and long-term financing
budget
b. Savings
c. Investment
d. Financial advising
Forms of Savings:
a. Sou sou (meeting-turn,
partner, box hand)
b. Deposits in financial
institutions
 c. Short term fixed deposits
Forms of investments – As
deferred income and investment
as risk bearing:
a. Stock market
b. Government securities:
bonds, debentures
c. Mutual funds
Types of short-term financing:
Trade credit, commercial bank
loans, Promissory notes,
instalment credit, indigenous
credit or private money lenders,
advances from customers,
factoring, venture capitalists,
crowd funding, angel investors.
Types of long-term financing:
a. Loans from government
agencies
b. Mortgages, debentures,
shares, insurance,
investment and unit trusts
29/11- SECTION 8: BUSINESS 1. Identify personal sources of Presentation Lesson notes In-Class
03/12 & FINANCE capital for setting up of a Explaining Power point Exercises
06/12- Sources of personal capital: business Questioning presentations Home-Work
10/12 a. Friends and family 2. Identify types of book- Analysing Discussion Exercises
b. Personal savings keeping systems Giving examples Reference
c. Government grants 3. Explain the purpose of basic Textbooks
d. Loans financial statements
e. Equity 4. Identify the purposes of basic
f. Venture capital financial records for sole
g. Crowd funding traders
Types of book-keeping systems
 (single and double entry).
Purpose of the following basic
financial statements:
- Income statement
(Profit and Loss)
- Statement of financial
position (Balance
Sheet)
- Statement of Cash
Flow

Expected Coursework Assessments:

Structured questions and multiple-choice items on the following sections of the POB Syllabus:
1. SECTION 7: Logistics and Supply Chain
2. SECTION 8: Business Finance
Expected End of Term Examination (s): NIL

Final Evaluation:
Coursework Mark (100%) - 100% weighting Number of Students In class: 32

Respectfully submitted: ……Pratibha Jaggan-Martin………………………………………………….. Dated: 01/10/2021

Teacher’s Signature

Received by: …………………………………………………………………… Dated:

HOD’s Signature
Reviewed by: …………………………………………………………………… Dated:
Principal/Vice Principal’s Signature