Summary

• Description:

  The MS Word document comprises Grade 10 Business Studies Lesson Plans Term 1 2026. The PDF version is also available upon your request.

  The lesson plans are structurally organized to cover 13 weeks, with a comprehensive schedule of 6 lessons per week, ensuring adequate time for deep engagement with the content. The entire plan is strictly aligned with the KICD-approved CBE curriculum, focusing on learner-centered activities and core competencies.

  The document covers the following strands, sub-strands, and topics:

  • Strand 1.0: Business and Money Management
    • Sub-strand 1.1: Money
      • Key security features of Kenyan currency
      • Themes depicted on Kenyan currency
      • Functions of money: Medium of exchange and Measure of value
      • Functions of money: Store of value and Standard of deferred payment
      • Transactionary motive for demanding money
      • Precautionary and Speculative motives for demanding money
      • Factors determining the supply of money in an economy
      • Ethical and unethical practices on the use of money
      • Role of money in day-to-day life
    • Sub-strand 1.2: Business Goals
      • Meaning and importance of business goals
      • Internal and external factors to consider when setting business goals
      • Steps followed when setting business goals
      • SMART criteria for goals (Specific, Measurable, Achievable, Realistic, Time-bound)
      • Formulating SMART short-term and long-term goals
      • Distinction between short-term and long-term goals
      • Evaluating the viability of set goals
    • Sub-strand 1.3: Budgeting in Business
      • Meaning and importance of budgeting in business
      • Types of budgets: Sales, Production, Cash, and Capital budgets
      • Analysis of the Master Budget
      • Factors influencing budgeting and the budgeting process
      • Preparation of simple income and expenditure budgets
      • Preparation of surplus and deficit budgets
    • Sub-strand 1.4: Banking
      • Meaning and importance of banking in an economy
      • Types of accounts: Savings, Current, and Fixed Deposit accounts
      • Procedure of opening and operating a bank account
      • Ethical and unethical practices in banking
      • Trends in banking: Mobile banking, Agency banking, and Internet banking
  • Strand 2.0: Business and its Environment
    • Sub-strand 2.1: Business Activities
      • Concept of needs and wants
      • Types and characteristics of economic resources
      • Relationship between scarcity, choice, and opportunity cost
      • Preparation of a scale of preference
      • Classification of business activities
      • Micro and macro factors affecting business activities
    • Sub-strand 2.2: Types of Business Ownership
      • Sole Proprietorship: Meaning, formation, management, and sources of finance
      • Advantages and disadvantages of Sole Proprietorship
      • Partnerships: Meaning, types, formation, and partnership deed
      • Management, sources of finance, and dissolution of Partnerships
      • Cooperative Societies: Meaning, principles, formation, and registration
      • Types of Cooperative Societies (Producer, Consumer, SACCOs)
      • Management and sources of finance for Cooperatives
      • Comparison of different forms of business ownership
    • Sub-strand 2.3: Social Responsibility of Business
      • Justification for social responsibility of a business (CSR)
      • Examination of social responsibility activities in the community
      • Challenges faced in carrying out social responsibilities
      • Designing and implementing a social responsibility activity
  • Assessment
    • Term 1 Examination (Papers 1 and 2)
    • Reflection on term performance and holiday assignments
• Category:

  Lesson Plans
• Level:

  Grade 10
• Subject:

  BUSINESS STUDIES

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