GRADE 11

Lesson Plan 5

LESSON PLAN: Business Studies

Grade: 11
Context: Action Plan and Business Venture
Duration: 16 hours/ 4 weeks
Learning Outcome 2: Business Ventures
The learner is able to identify and research viable business opportunities and to explore these and
related issues through the creation of achievable business venture.
Assessment Standard
11.2.7 Avenues of acquiring businesses and their advantages and disadvantages as well as their
contractual implications.
11.2.8 The benefits and challenges of establishing a company versus other forms of ownership.

Integration within the subject:

11.3.2 Apply creative thinking to address business problems and to improve business practice.
11.3.3 Discuss the theories and principles of professionalism and ethics, and explore how they relate to
the business environment.
Content:16 hours/ 8 weeks
- Avenues of acquiring businesses (e.g. franchising, outsourcing, leasing), and their advantages
and disadvantages as well as contractual implications (e.g. royalties, legalities).
- The benefits and challenges of establishing a company versus other forms of ownership (including
taxation issues).
- Forms of ownership (sole proprietor, partnership, close corporation, company
- Acquire problem-solving skills in a business context.
- The theories and principles of professionalism and ethics, and explore how they relate to the
business environment.
- The difference between good and bad decisions.
Prior knowledge:
Setting up a business venture using an action plan

Extended activity:
The learners can visit the school library to have access to newspapers, journals, magazines and internet
to get an understanding of the different forms of ownership.

Expanded opportunities:
The learners can visit the local businesses to investigate and identify the forms of ownership.

Teacher’s Learners’ LTSM Assessment S K V Time

Activity Activities Strategies
The teacher groups the The learners Pictures Debates, 5 hrs
learners and presents a brainstorm and Leaflets discussions.
scenario to learners on discuss the scenario Newspap Role play.
business acquisition,( e.g. presented to them ers
pictures, leaflets, by the teacher. The Video
newspapers and video learners link up the tapes and
tapes) of a franchise shop advantages and textbooks
or a dealer such as disadvantages to
Kentucky Fried Chicken, the avenues of
Steers, Mcdonald, Pick n acquisition that they
Pay, Shoprite Checkers have been
etc. The teacher unpacks introduced to. The
on acquisition of business learners can now
ventures such as debate around the
- Franchise, Outsourcing selection of a
and leasing. The teacher suitable form of
further explains the acquisition. The
contractual implications learners listen
(e.g. royalties and carefully and debate
legalities) to the learners by by citing examples
probing examples from the to confirm their
learners. understanding.
The teacher must guide the Learners brainstorm Legal Baseline 3 hrs
learners in brainstorming the various forms of document Debate and
the various forms of business ownership, se.g. discussion.
business ownership. drawing from the Compani
Should there be any experiences they es act.
omissions by the learners, gathered while Close
the teacher will make visiting the school Corporati
additions. The teacher must library and local ons act.
facilitate the choice of a businesses. The Textbook
form of business learners debate and and
ownership, by highlighting discuss their charts.
the challenges and benefits suitable choices
of each form of business based on the
ownership. benefits and
challenges of each
form of ownership.
The teacher facilitates a The learners are News Case study 4 hrs
discussion on all problem also involved in a study Debate and
solving techniques and debate and Text book discussion.
ensures that the learners discussion, ensuring Wall Role
are able to apply them in their understanding charts play(problem
solving the various of the problem Video solving
problems. solving techniques tapes. process)
The teacher instructs the and how to apply Case
learners to work on a case them in various study
study of his/her own problems. Learners
scenario, where learners are responding to a
are expected to apply a case study.
suitable technique to a
problem addressed in a
case study.
The teacher defines and The learners listen Text book Debate and 4 hrs
explains professionalism and take notes. Hand out discussion.
and ethics. The teacher They confirm Newspap Role play
explains theories and understanding by ers Simulation
principles of asking questions for Internet Case study.
professionalism and ethics. clarity. The are Videotape
The teacher facilitates the involved in debate s and
discussions with learners and discussion of CDs.
over theories and principles theories and
of professionalism and principles of
ethics and explores how professionalism and
they relate to business ethics. The learners
environment. The teacher give examples to
explores the difference indicate the
between good and bad relationship of the
decision. theories and
principles of
professionalism and
ethics to business
environment. The
learners brainstorm,
debate and discuss
good and bad
decisions in order to
explore the
differences between
good and bad
decisions.
Teachers reflections

Date of completion: