M780636110229 Senior Phase Grade 7 Today Planning Pack ECONOMIC AND MANAGEMENT SCIENCES Contents: Work Schedule: Page Grade 7 2 Lesson Plans: Grade 7 8 Rubrics: Rubric 1 18 Rubric 2 19 Rubric 3 20
Work schedule for Business Today Grade 7 Term Week LO & ASs Chapter Assessment Resources 1 1-2 LO1: The Economic 1: People s needs and Cycle wants 1 3-4 LO1: The Economic Cycle LO2: Sustainable Growth and Development 1 5-6 LO1: The Economic Cycle 1 7-8 LO1: The Economic Cycle 2: Production and economic activity In and In and 3: Markets and prices In and 4: Power relationships in the economy In and List of public services in community and nearest town Images of impact of production e.g. smoke pollution Newspapers and magazines with advertisements (for collage) Old newspapers & magazines Job advertisements and job descriptions Scissors, glue Cardboard Rulers or measuring tapes Cape Times article TG p18 Paper or card Crayons and Koki pens Scissors, glue Examples of graphs Paper or card Crayons and Koki pens Scissors, glue 2 9-10 LO1: The Economic Cycle LO2: Sustainable Growth and Development 2 11-12 LO2: Sustainable Growth and Development 2 13-14 LO4: Entrepreneurial Knowledge and Skills 2 15-16 LO4: Entrepreneurial Knowledge and Skills 5: Economic growth and development In and 6: Savings and investment In and 7: Entrepreneurship In and 8: Business ideas and market research In and Test Articles on development projects Picture from magazines References on apartheid policies Paper or card for posters Scissors, glue Access to the Internet (see TG p31 for suggested sites) Leaflets from banks about investment and savings accounts Access to the Internet (see TG p40 for suggested sites) Access to Internet or library Articles from newspapers about entrepreneurs Paper, Crayons, Koki pens Town plans of local CBD Access to the Internet 2
3 17-20 LO3: Managerial, Consumer and Financial Knowledge and Skills LO4: Entrepreneurial Knowledge and Skills 9: Real business experience In and Access to the Internet and library Paper Crayons, Koki pens A journal or exercise book Examples of questionnaires 3 21-22 LO3: Managerial, Consumer and Financial Knowledge and Skills 3 & 4 23-25 LO3: Managerial, Consumer and Financial Knowledge and Skills 4 26-28 LO3: Managerial, Consumer and Financial Knowledge and Skills 4 29-30 LO3: Managerial, Consumer and Financial Knowledge and Skills 4 31-32 LO3: Managerial, Consumer and Financial Knowledge and Skills 10: Human resources management 11: Net worth and accounting In and In and 12: Record keeping In and 13: Management and leadership 14: Impact of technology on administration In and In and Test Classified sections of local and national newspapers (job vacancies and descriptions) Access to the Internet Examples of Balance Sheets and Income Statements Access to the Internet Examples of source documents, cash slips, cheques and invoices Examples of cash books Examples of organograms of businesses Egg timer or stopwatch Paper, scissors, glue Pencils, rulers Magazines and newspapers Images of communication and information technologies Paper, scissors, glue Pencils, rulers A guest speaker Access to Internet or library Note: You need to complete 1 task per term for Economic and Management Sciences for the Senior Phase. This work schedule shows all the opportunities for. 3
Chapter 1: People s needs and wants Duration: 4 hours Weeks: 1-2 LO1 The Economic Cycle Explains needs and wants and how the differences between them impact on communities and the environment Technology LO3 Social Sciences (History) LO2 Life Orientation LO2 The economic cycle Needs and wants The impact on the community and environment Lesson 1: Understanding individuals needs and wants LB p5 Lesson 2: How do people satisfy their needs? LB p7 Lesson 3: Impact of needs and wants on the environment LB p9 Lesson 4: The economic problem LB p10 Lesson 5: Impact of needs and wants on the community LB p11 Lesson 6: Assessment Activity 1: Understand terms and concepts and identify own needs and wants TG p3 Activity 2: Make a collage of consumer goods to show goods and services that satisfy different wants and needs TG p3 Activity 3: Understand what is meant by renewable and limited (non-renewable) resources TG p4 Activity 4: Illustrate impact of a product on the community and the natural environment TG p5 Activity 5: Imagine resources needed to survive TG p6 Activity 6: Identify and compare goods and services available in different communities TG p6 Assessment activity TG p7 LB p14 Type of : Formal for Lesson 6 In : all other activities can be used for in Form of : Memo (TG p7) for Lesson 6 Make lists of resources in categories Arrange a visit to a library Business Today Grade 7 Learner s Book and Teacher s List of public services in community and nearest town Images of impact of production e.g. smoke pollution Newspapers and magazines with advertisements (for collage) Introduce learners to Maslow s Hierarchy of Needs 4
Chapter 2: Production and economic activity Duration: 4 hours Weeks: 3-4 LO1: The Economic Cycle Describes the different types of businesses and activities within the primary, secondary and tertiary sectors LO5 LO2: Sustainable Growth and Development Discusses the meaning of productivity The factors of production The production process Division and specialisation of labour and business sectors Lesson 1: Resources LB p15 Activity 1: Make a poster showing resources to produce goods and services TG p10 Business Today Grade 7 Learner s Book and Lesson 2: The factors of Activity 2: Investigate a case study of a furniture factory Teacher s production LB p16 Lesson 3: The production game LB p19 Lesson 4: Productivity LB p20 Lesson 5: The three stages and the three sectors of production LB p21 Lesson 6: Assessment LB p24 Type of : Formal for Lessons 3 and 6 In : all other activities can be used for in Form of : Rubric (TG p12) for Lesson 3; memo (TG p14) for Lesson 6 TG p11 Activity 3: Make vests to understand what happens in production process TG p12 Activity 4: Write a report on the working process TG p12 Activity 5: Discuss division and specialisation of labour TG p13 Activity 6: Arrange stages of production in order using visual data TG p14 Assessment activity TG p14 Oral description instead of writing a report A case study of production process Expanded opportunities Read up on our country s economy Old newspapers and magazines Job advertisements and job descriptions Scissors Glue Cardboard Rulers or measuring tapes 5
Chapter 3: Markets and prices Duration: 4 hours Weeks: 5-6 LO1 The Economic Cycle Explains the concepts free and economic (scarce) goods; and the influence of demand and supply on market prices LO1 Mathematics LO5 The economic cycle The concepts of free and economic goods The influence of supply and demand on prices Lesson 1: What is a market? LB p27 and Lesson 2: Different kinds of markets LB p27 Lesson 3: Who decides the price of goods and services? LB p27 Lesson 4: Different kinds of goods LB p33 Lesson 5: Assessment LB p34 Type of : Formal for Lessons 3, 4 and 5 In : all other activities can be used for in Form of : Rubric 3 for Lesson 3; rubric 2 for Lesson 4; memo (TG p22) for Lesson 5 Activity 1: Identify different examples of consumer markets and the factors of production from visual data TG p17 Activity 2, Activity 3: Answer questions on pricing and supply and demand using a case study and graph TG pp18, 19 Activity 4: Answer and discuss questions about market price using demand and supply curves TG p20 Activity 5: Make a poster showing differences between free and economic goods TG p21 Assessment activity TG p22 Business Today Grade 7 Learner s Book and Teacher s Article in The Cape Times (TG p18) Paper or card Crayons and Koki pens Scissors Glue Examples of graphs Research prices in local shops noting changes Research prices in local shops noting changes and drawing graphs 6
Chapter 4: Power relationships in the economy Duration: 4 hours Weeks: 7-8 LO1 The Economic Cycle Describes and debates the power relationships, economic rights and responsibilities between: consumer and producer; employer and employee; government and business Life Orientation LO2, 3 Power relations and economic rights and responsibilities between: Consumer and producer Employer and employee Government and business. Lesson 1: Relationships between producers and consumers LB p36 Lesson 2: Relationships between business and employees LB p38 Lesson 3: The relationship between government and producers LB p39 Lesson 4: Assessment LB p40 Activity 1: Answer questions based on a case study on consumer rights TG p24 Activity 2: Role-play a meeting between trade union organisers and employees about employees rights TG p25 Activity 3: Write answers based on information in the text TG p27 Assessment activity TG p28 Type of : Formal for Lessons 2, 3 and 4 In : all other activities can be used for in Form of : Rubric 1 for Lesson 2; rubric (TG p27) for Lesson 3; memo (TG p28) for Lesson 4 Business Today Grade 7 Learner s Book and Teacher s Paper or card Crayons and Koki pens Scissors, glue Role-play conversation between consumers and salesperson (Activity 1) Read article on (TG p26) about workers rights to class 7
Chapter 5: Economic growth and development Duration: 4 hours Weeks: 9-10 LO1: The Economic Cycle Explains needs and wants and how the differences between them impact on communities and the environment Explains the concepts free and economic (scarce) goods, and the influence of demand and supply on market prices LO2: Sustainable Growth and Development Collects information on the influence of apartheid economic policies on ownership, poverty, wealth and quality Identifies steps required to redress socio-economic imbalances and poverty LO2, 4 Mathematics LO4, 5 Technology LO3 Life Orientation LO2 Sustainable economic growth and development The influence of apartheid on ownership, poverty and wealth Steps to address socio-economic inequality Lesson 1: Economic growth and development LB p42 Lesson 2: Poverty and wealth LB p42 Lesson 3: Economic growth and development in South Africa LB p44 Lesson 4: The economic consequences of apartheid LB p48 and Lesson 5: Taking steps to redress the balance LB p49 Lesson 6: Assessment LB p52 Activity 1: List reasons for the need for economic growth and development TG p31 Activity 2: Explain the poverty cycle diagram in words and discuss ways to break out of this cycle TG p32 Activity 3: Read the text and answer questions, drawing a diagram to illustrate ideas TG p32 Activity 4: Play trading game to understand economic inequality and fairness in the context of apartheid TG p33 Activity 5: Write a letter from the perspective of a black child during apartheid TG p34 Activity 6: Revise basic needs TG p35 Activity 7: Compare the basic human needs approach and free market approach TG p36 Activity 8: Discuss and debate the different approaches in depth TG p36 Assessment activity TG p37 Type of : Formal for Lesson 6 In : all other activities can be used for in Form of : Rubric (TG p37) for Lesson 6 Business Today Grade 7 Learner s Book and Teacher s Articles on development projects Picture from magazines Reference material on apartheid policies Paper or card for posters Scissors, glue Access to the Internet (see TG p31 for suggested sites) Research apartheid policies Write a report on game (Activity 4) and how it relates to apartheid policies Research articles on investment and disinvestment Research local development projects 8
Chapter 6: Savings and investment Duration: 4 hours Weeks: 11-12 LO2: Sustainable Growth and Development LO2 Collects information on the influence of apartheid economic policies on ownership, poverty, wealth and quality Identifies steps required to redress socio-economic imbalances and poverty Compares and discusses the difference between savings and investments Poverty cycle Savings and investments and entrepreneurship in relation to poverty and unemployment Lesson 1: Breaking the poverty cycle LB p54 Lesson 2: Savings and investments LB p55 Lesson 3: Assessment LB p56 Activity 1: Discussion about the poverty cycle and savings TG p40 Activity 2: Investigate and compare different bank accounts TG p41 Activity 3: Investigate and compare different types of investment TG p42 Assessment activity TG p43 Type of : Formal for Lesson 3 In : all other activities can be used for in Form of : Memo (TG p43) for Lesson 3 Business Today Grade 7 Learner s Book and Teacher s Leaflets from banks about investment and savings accounts Access to the Internet (see TG p40 for suggested sites) Illustrate and write a paragraph about the poverty cycle Calculate savings made from depositing the same amount in different types of accounts 9
Chapter 7: What it takes to be a successful entrepreneur Duration: 4 hours Weeks: 13-14 LO4 : Entrepreneurial Knowledge and Skills LO2 Compares essential characteristics and skills needed to be entrepreneurial from two different simple case studies of practising entrepreneurs in own community Successful entrepreneurs motivation and characteristics Lesson 1: What is an entrepreneur? LB p58 Lesson 2: Reasons why people become entrepreneurs LB p61 Lesson 3: Assessment LB p62 Activity 1 and Activity 2: Identify characteristics of entrepreneurs using case studies; discuss terms used when describing entrepreneurial activity TG p46 Activity 3: Conduct interviews to understand the reasons people become entrepreneurs, and the qualifications and skills needed to be successful TG p48 Assessment activity TG p49 Type of : Formal for Lessons 2 and 3 In : all other activities can be used for in Form of : Rubric 1 for Lessons 2; memo (TG p49) for Lesson 3 Discuss career options in business Business Today Grade 7 Learner s Book and Teacher s Access to the Internet or library Paper Articles from newspapers about entrepreneurs Discuss what they need to do if they want to become an entrepreneur 10
Chapter 8: Generating business ideas & conducting market research Duration: 4 hours Weeks: 15-16 LO4 Entrepreneurial Knowledge and Skills Compares essential characteristics and skills needed to be entrepreneurial Uses idea generation techniques to make recommendations on using community resources to generate income Participates in a joint venture Runs a business event Designs posters or other materials LO1 Social Sciences (Geography) LO1 Identify business opportunities through market research Planning and advertising for a business venture Lesson 1: Creative thinking techniques LB p64 Lesson 2: Community resources and new business ideas LB p68 Activity 1: Brainstorm and summarise business ideas TG p52 Activity 2: Mindmap ideas about using Coke bottles TG p52 Activity 3: Develop creative ideas for new products using forced connections TG p53 Activity 4: Look at creative business ideas using a case study TG p53 Activity 5: Design a poster to advertise a new product TG p54 Activity 6: Develop a needs analysis; draw a map to represent local business district; analyse provision of goods and services TG p55 Activity 7: Identify unique resources of individual communities TG p56 Lesson 3: Assessment Assessment activity TG p57 LB p70 Type of : Formal for Lessons 1 and 3 In : all other activities can be used for in Form of : Rubric 2 for Lesson 1; memo (TG p57) for Lesson 3 Business Today Grade 7 Learner s Book and Teacher s Paper Crayons Koki pens Town plans of local CBD Access to the Internet Look at advertisements for new products Investigate if new businesses are being developed in the area Research a new product 11
Chapter 9: Real business experience Duration: 8 hours Weeks: 17 20 LO3: Managerial, Consumer and Financial Knowledge and Skills LO4: Entrepreneurial knowledge and Skills Explains the role of planning, organising, leading and controlling Describes the importance of administration Participates in a joint venture Runs a business event Designs posters or other materials to advertise own business venture LO5 Mathematics LO1 Entrepreneurship: Planning and preparing a business activity using market research Calculating costs, selling price and profit Lesson 1: Practical experience of running your own business LB p71 and Lesson 2: What snack? LB p72 Lesson 3: Who will do what? LB p75 Lesson 4: How much should you sell your snack for? LB p76 Lesson 5: Equipment LB p77 Lesson 6: Starting capital LB p78 Lesson 7: Keeping track financial records LB p79 and Lesson 8: Marketing your snack LB p80 Lesson 9: Production LB p82 Lesson 10: Evaluating your business LB p84 Lesson 11: Assessment LB p85 Type of : Formal for Lessons 6, 7 and 11 In : all other activities can be used for in Form of : Rubric 3 for Lesson 6; rubric 2 for Lesson 7, rubric (LB p85) for Lesson 11 Activity 1: Read about market research. Design a questionnaire and conduct interviews to do market research TG p61 Activity 2: Summarise research in a report and decisions leading from this research TG 62 Activity 3: Identify resources needed to produce and sell a product (a snack) TG p63 Activity 4: Identify and discuss different roles in a business venture using visual data TG p63 Activity 5: Use a table to help calculate the total unit costs of producing a snack TG p64 Activity 6: Read the text and organise tasks and equipment TG p64 Activity 7: Look at different ways of calculating and budgeting starting capital TG p65 Activity 8: Look at business s name, image and logo to advertise the product TG p66 Activity 9: Develop a marketing strategy and make a poster TG p66 Activity 10: Make and sell the snack following a task schedule TG p67 Activity 11: Calculate profit/ loss TG p68 Assessment activity TG p68 Business Today Grade 7 Learner s Book and Teacher s Access to the Internet and library Paper Crayons Koki pens A journal or exercise book Examples of questionnaires Do research on small businesses in the area and the challenges they faced in starting a business Read further on big businesses and how they had started out 12
Chapter 10: Human resource management Duration: 4 hours Weeks: 21-22 LO3: Managerial, Consumer and Financial Knowledge and Skills Explains the different processes of human resource management LO2, 4 Life Orientation LO5 Human resources management role Recruitment Job descriptions and specifications Job advertisements and interviews Lesson 1: Human resources LB p88 Lesson 2: The human resources department LB p88 Lesson 3: Hiring new workers LB p89 Activity 1: Define and explain what is meant by job descriptions and job specifications and illustrate this in a table using an example of a job TG p70 Activity 2: Use job advertisements to identify job descriptions and specifications TG p71 Lesson 4: Assessment LB p95 Type of : Formal for Lesson 4 In : all other activities can be used for in Form of : Memo (TG p74) for Lesson 4 Activity 3: Draw a mind map and write an advertisement for a teaching post TG p73 Activity 4: Role-play job interview TG p73 Assessment activity TG p74 Business Today Grade 7 Learner s Book and Teacher s Classified sections of local and national newspapers (job vacancies and descriptions) Repeat Activity 2 with a few advertisements Look at job advertisements and see which ones you would like to do 13
Chapter 11: Net worth and accounting concepts Duration: 6 hours Weeks: 23-25 LO3: Managerial, Consumer and Draws up an elementary statement of net worth, using Financial Knowledge and Skills personal records LO1, 5 Mathematics LO1 Net worth and basic accounting concepts Balance sheets and income statements Lesson 1: The net worth of a business LB p97 Lesson 2: The net worth of individuals LB p100 Lesson 3: Accounting terminology LB p100 Lesson 4: How does profit affect the net worth of a business? LB p105 Lesson 5: Activity 1: Read about and discuss a case study TG p76 Activity 2, Activity 3: Draw up statements, including net worth, using case studies TG p77 Activity 4: Look at personal / financial / net worth TG p79 Activity 5: Discuss types of assets TG p79 Activity 6: Group examples of liabilities and assets TG p80 Activity 7: Revise terms, concepts and formats as a balance sheet TG p81 Activity 8: Draw up an income statement and calculate net worth TG p82 Assessment activity TG p83 Assessment LB p106 Type of : Formal for Lesson 5 In : all other activities can be used for in Form of : Memo (TG p83) for Lesson 5 Practice calculations using other examples Business Today Grade 7 Learner s Book and Teacher s Access to Internet Examples of balance sheets and income statements See www.bygpub.com/finance/networthcalc.htm 14
Chapter 12: Record keeping Duration: 6 hours Weeks: 26-28 LO3: Managerial, Consumer and Financial Knowledge and Skills Describes the importance of administration in managing a business (record keeping, storing documentation) Mathematics LO1 Recording transactions in source documents and in cash books Income statements and balance sheets Lesson 1: Introduction to bookkeeping LB p108 Activity 1: Draw up cash receipts TG p86 Activity 2: List cash transactions (cash received) using an example of a business TG p87 Activity 3: Understand the format of writing cheques TG p87 Activity 4: List cash transactions (money paid out) using an example of a business TG p88 Activity 5: Write out transactions using basic bookkeeping techniques TG p88 Lesson 2: Assessment activity TG p89 Assessment LB p116 Type of : Formal for Lesson 2 In : all other activities can be used for in Form of : Memo (TG p88) for Lesson 2 Business Today Grade 7 Learner s Book and Teacher s Access to the Internet Examples of source documents, cash slips, cheques and invoices Examples of cash books Identify local businesses and list their type of cash transactions they would do Discuss the definitions of receipts, cash register slips, source documents and transactions 15
Chapter 13: Management and leadership Duration: 4 hours Weeks: 29-30 LO3 : Managerial, Consumer and Financial Knowledge and Skills LO2, 5 Explains the role of planning, organising, leading and controlling in a business Discusses different approaches to leadership and management Leadership and management in business Planning, organising, leading and controlling Different approaches Lesson 1: What is a manager? Why is management so important? LB p117 Lesson 2: What does a manager do? LB p118 Lesson 3: Leadership styles LB p123 Lesson 4: Assessment LB p124 Type of : Formal for Lessons 2 and 4 In : all other activities can be used for in Form of : Rubric (TG p93) for Lesson 2; rubric 1 for Lesson 4 Activity 1: Discuss activities using visual data TG p92 Activity 2, Activity 3: Answer questions based on a case study TG p93 Activity 4: Write a report based on a case study TG p95 Activity 5: Play a management game to test skills and understanding TG p96 Activity 6: Identify and discuss different leadership styles TG p97 Assessment activity TG p97 Identify qualities of good leaders Business Today Grade 7 Learner s Book and Teacher s Examples of organograms of businesses Egg timer or stopwatch Paper Scissors, glue Pencils Rulers Read up more on what type of person a manager is and the overall expectations of a manager 16
Chapter 14: The impact of technology on administration Duration: 4 hours Weeks: 31-32 LO3: Managerial, Consumer and Financial Knowledge and Skills Discusses the use of technology in telecommunication services and financial transactions in improving administration, communication and access to information LO5 Technology LO3 Technology in telecommunication Financial services and transactions Business administration Access to information Lesson 1: What is technology? LB p125 and Lesson 2: The use of technology in communication services LB p126 Lesson 3: The use of technology in financial transactions LB p126 Lesson 4: The consequences of technology LB p127 Lesson 5: Assessment LB p128 Type of : Formal for Lesson 5 In : all other activities can be used for in Form of : Memo (TG p103) for Lesson 5 Activity 1: Research information on different communication technologies (phone, cell phone, fax machine, email/internet) and report back to the group, then make a poster TG p101 Activity 2: Draw a mind map and take notes while listening to a speaker TG p102 Activity 3: Identify consequences of technology as positive or negative TG p102 Assessment activity TG p103 Business Today Grade 7 Learner s Book and Teacher s Magazines and newspapers Images of communication and information technologies Paper Scissors, glue Pencils Rulers A guest speaker on the use of technology in making financial transactions Access to the Internet or library Role-play the use of communication technologies Write a summary of what the guest speaker said Add to the list of advantages and disadvantages of technology 17
RUBRIC 1: Presentation of interview/debate/argument/discussion/role-play Activity: Date: Name: Grade: Level 7 Excellent. far exceeding expected Level 6 Very good. where all have been met at a very high standard Level 5 Good. meeting most of the Level 4 Fair. meeting an adequate portion of the Level 3 Moderate. partially satisfying the Level 2 Elementary. marginally satisfying the Level 1 Unsatisfactory. Requirements not met Recognise and understand key concepts and ideas Express own ideas and points of view; structure an argument; interview Listen to and evaluate ideas of others Use correct vocabulary and terminology Speak clearly and audibly 18
RUBRIC 2: Visual presentation (poster; collage; mind map) Activity: Date: Name: Grade: Level 7 Excellent far exceeding expected Level 6 Very good where all have been met at a very high standard Level 5 Good meeting most of the Level 4 Fair meeting an adequate portion of the Level 3 Moderate partially satisfying the Level 2 Elementary marginally satisfying the Level 1 Unsatisfactory. Requirements not met Appearance Exceptionally eye catching; outstandingly creative Eye-catching; creative Attractive; fairly creative Merely presentable; little creativity Visually unappealing Slapdash presentation Information Expresses excellent evidence of topic; factually accurate Good clear evidence of topic; factually correct knowledge Some reasonable ideas and evidence of topic; mostly correct knowledge Some evidence of topic; merely adequate presentation of knowledge No clear ideas; little factual knowledge presented No clear ideas expressed; inaccurate knowledge Activity misunderstood or incomplete Depth of understanding Shows maturity and great insight Shows some maturity and insight Shows partial maturity and insight Shows little maturity and insight No evidence of insight or maturity No insight or evidence of care or thoughtfulness 19
RUBRIC 3: Visual data interpretation (graph; flow chart) Activity: Date: Name: Grade: Level 7 Excellent far exceeding expected Level 6 Very good where all have been met at a very high standard Level 5 Good meeting most of the Level 4 Fair meeting an adequate portion of the Level 3 Moderate partially satisfying the Level 2 Elementary marginally satisfying the Level 1 Unsatisfactory. Requirements not met Follow instructions Understand the meaning of symbols, signs and other conventions Describe the information shown in words and sentences Interpret and analyse the visual information Make comparisons using the data Offer explanations for the information shown in the visual data 20