Summary

• Description:

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

  The schemes of work covers 6 lessons per week.

  The main reference material is the KICD Curriculum Design for Business Studies.

  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 and themes of the Kenyan currency.
      • Functions of money (Medium of exchange, Measure of value, Store of value, Standard of deferred payment).
      • Demand for money (Transactionary, Precautionary, and Speculative motives).
      • Factors determining the supply of money in an economy.
      • Ethical and unethical practices on the use of money (e.g., money laundering).
    • Sub-strand 1.2: Business Goals
      • Meaning and importance of goal setting in business.
      • Internal and external factors to consider when setting business goals.
      • SMART criteria for goals (Specific, Measurable, Achievable, Realistic, Time-bound).
      • Formulating SMART short-term and long-term business goals.
    • Sub-strand 1.3: Budgeting in Business
      • Meaning and importance of budgeting for financial control.
      • Types of budgets (Sales, Production, Cash, Capital, and Master budget).
      • Factors influencing budgeting and the budgeting process.
      • Preparation of simple income, expenditure, and surplus/deficit budgets.
    • Sub-strand 1.4: Banking
      • Meaning and importance of banking in an economy.
      • Types of accounts offered by banks (Savings, Current, Fixed Deposit).
      • Procedure for opening and operating a bank account.
      • Trends in banking in Kenya (Mobile banking, Agency banking, Internet banking).
  • Strand 2.0: Business and its Environment
    • Sub-strand 2.1: Business Activities
      • Concept of needs and wants and the role of business activities.
      • Types and characteristics of economic resources (Scarcity, Utility).
      • Relationship between scarcity, choice, and opportunity cost.
      • Classification of business activities and environmental factors (micro and macro).
    • Sub-strand 2.2: Types of Business Ownership
      • Sole Proprietorship: Formation, management, sources of finance, advantages, and disadvantages.
      • Partnerships: Meaning, types, formation (Partnership Deed), dissolution, advantages, and disadvantages.
      • Cooperative Societies: Principles, formation, types (Producer, Consumer, Savings/Credit), management, and financing.
    • Sub-strand 2.3: Social Responsibility of Business
      • Justification for social responsibility (CSR) in business.
      • Examining CSR activities in the community and challenges faced.
      • Designing and implementing a social responsibility activity.
• File Size:

  40.10 KB
• Category:

  Schemes of Work
• Level:

  Grade 10
• Subject:

  BUSINESS STUDIES
• Posted By:

  Caleb_Peter

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