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2 | Grade 7 Business Studies - Yearly Framework 2025/2026 | IGCSE Prep | ||||||||||||||||||||||||
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4 | Term | Unit | Topics | Essential Questions | Skills Focus | Assessment Types | ||||||||||||||||||||
5 | Term 1 (14 weeks) | Unit 1: Business in Everyday Life (Weeks 1-14) | - Needs, Wants, Scarcity - Factors of Production - Specialisation - Added Value - Opportunity Cost - Goods & Services | - What is the fundamental economic problem? - How do we make choices when resources are limited? - How do businesses create value for customers and themselves? | - Defining and categorizing economic concepts - Calculating added value - Real-life problem identification<br- Collaborative reflection and analysis | - Exit Tickets - Lesson Quizzes - Worksheets - Google Docs Reflections - Community Business Map Project | ||||||||||||||||||||
6 | Term 2 (10 weeks) | Unit 2: Types of Businesses & Sectors (Weeks 15-25) | - Sectors of the Economy (Primary, Secondary, Tertiary) - Public vs. Private Sector - Business Size & Growth - Types of Business Ownership - Business Objectives & Stakeholders | - How does a product get from raw material to the customer? - How do different business sectors depend on each other? - What are the different ways businesses can be owned and structured, and how does this affect their goals? | - Classification and analysis of business sectors and types - Tracing processes and relationships - Debating and role-playing stakeholder perspectives - Visual representation of information | - Quizzes (MCQ & Short Answer) - Classification Tasks - Stakeholder Debates/Role Plays - Sector Collage Project | ||||||||||||||||||||
7 | Term 3 (9 weeks) | Unit 3: Entrepreneurs & Business Planning (Weeks 26-35) | - Entrepreneurs & their Motives - The Marketing Mix (4Ps) - Market Research - Recruitment & Motivation - Production, Quality, & Finance - Business Plan Development | - What makes someone an entrepreneur? - How are new business ideas created and developed? - How do businesses attract customers and staff? - What are the key elements of a business plan? | - Critical thinking (case study analysis) - Creative ideation and campaign development - Basic financial planning and simulation - Data collection and analysis (surveys) - Professional presentation | - Case Study Analyses - Mini-Projects (Marketing Campaigns) - Business Plan Simulation - Final Project Presentation - Final Exam | ||||||||||||||||||||
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9 | ||||||||||||||||||||||||||
10 | TERM 1 | |||||||||||||||||||||||||
11 | ||||||||||||||||||||||||||
12 | Lessons | Focus Topics | Key Activities | Assessment | Notes | |||||||||||||||||||||
13 | Week 1 | |||||||||||||||||||||||||
14 | 1 | Introduction to Business Activity | Class discussion: "What is a business?" Brainstorm reasons businesses exist. | Exit ticket: Define 'business' and list 3 reasons they exist. | Establish classroom routines. | |||||||||||||||||||||
15 | 2 | Human Needs and Wants | Card sort activity: Categorizing items as 'needs' or 'wants'. Justifying choices in pairs. | Worksheet: Needs vs. Wants categorization and justification. | Use real-life, relatable examples. | |||||||||||||||||||||
16 | 3 | The Problem of Scarcity | Scenario analysis: Making choices with limited resources (e.g., limited budget for school event). | Short paragraph: Explain scarcity using a personal example. | Link scarcity to the concept of choice. | |||||||||||||||||||||
17 | Week 2 | |||||||||||||||||||||||||
18 | 4 | Making Choices: Opportunity Cost | Decision-making exercises: Identifying the "next best alternative" in simple scenarios. | Worksheet: Identifying opportunity cost in given scenarios. | Emphasize that cost isn't always money. | |||||||||||||||||||||
19 | 5 | Goods and Services | Business scavenger hunt: Classifying local businesses as providing goods, services, or both. | Quiz: Classify a list of businesses correctly. | ||||||||||||||||||||||
20 | 6 | How Businesses Add Value | Case study: How a business transforms raw materials (e.g., wood into a chair). Simple value calculation. | Worksheet: Calculate and explain added value for a simple product. | ||||||||||||||||||||||
21 | Week 3 | |||||||||||||||||||||||||
22 | 7 | The Purpose of Business: Solving Problems | Brainstorming session: Common student/community problems and businesses that solve them. | Exit ticket: Describe a problem and a business that solves it. | Encourage creative thinking. | |||||||||||||||||||||
23 | 8 | Project Work: Research | Guided research session: Students collect data on 5+ local businesses (what they provide, location). | Check completed research notes. | Provide a template for data collection. | |||||||||||||||||||||
24 | 9 | Project Work: Analysis & Categorisation | Group work: Sorting researched businesses into categories (e.g., goods/services, local/national). | Teacher observation of group analysis and discussion. | ||||||||||||||||||||||
25 | Week 4 | |||||||||||||||||||||||||
26 | 10 | Project Work: Creating the Map | Hands-on creation: Students create a digital or physical map plotting their researched businesses. | Formative assessment of map progress (clarity, organization). | Provide materials for both digital and physical maps. | |||||||||||||||||||||
27 | 11 | Project Work: Finalising | Team rehearsals: Preparing short presentations and summarizing key insights from the project. | Check finalized project and presentation notes. | ||||||||||||||||||||||
28 | 12 | Project Presentation & Unit Review | Team presentations: Presenting the Community Business Map to the class. Q&A session. | Summative assessment of project and presentation (Community Business Map Project). | ||||||||||||||||||||||
29 | Week 5 | |||||||||||||||||||||||||
30 | 13 | The Chain of Production | Tracing activity: Follow the production chain of a simple product like bread or a book from start to finish. | Diagram: Students draw and label the production chain for a product. | ||||||||||||||||||||||
31 | 14 | Sector 1: Primary Industry | Case studies: Examining businesses in farming, mining, fishing. Brainstorm local examples. | Worksheet: List 3 primary sector businesses and explain their role. | ||||||||||||||||||||||
32 | 15 | Sector 2: Secondary Industry | Case studies: Examining manufacturing and construction businesses. | Worksheet: List 3 secondary sector businesses and explain their role. | ||||||||||||||||||||||
33 | Week 6 | |||||||||||||||||||||||||
34 | 16 | Sector 3: Tertiary Industry | Case studies: Examining retail, banking, healthcare, education. | Worksheet: List 3 tertiary sector businesses and explain their role. | ||||||||||||||||||||||
35 | 17 | Classifying Businesses by Sector | Sorting game: Classifying a list of 10 diverse businesses into the correct economic sector. | Quiz: Correctly classify 10 businesses into primary, secondary, or tertiary. | ||||||||||||||||||||||
36 | 18 | Interdependence of Sectors | Group activity: Tracing how all three sectors work together to produce a specific product (e.g., a smartphone). | Paragraph: Explain sector interdependence for a chosen product. | ||||||||||||||||||||||
37 | Week 7 | |||||||||||||||||||||||||
38 | 19 | Public Sector vs Private Sector | Discussion: Compare and contrast public vs. private sector goals and funding. Categorize examples. | Worksheet: Categorize organizations as public/private and justify. | ||||||||||||||||||||||
39 | 20 | Small vs Large Businesses | Venn diagram activity: Compare features, advantages, and disadvantages of small and large businesses. | Worksheet: List 2 advantages/disadvantages for each business size. | ||||||||||||||||||||||
40 | 21 | Project Work: Research & Image Collection | Guided research: Students choose a product and find images representing its journey through each sector. | Check collected images and source notes. | ||||||||||||||||||||||
41 | Week 8 | |||||||||||||||||||||||||
42 | 22 | Project Work: Creating the Collage | Hands-on creation: Students assemble a visual collage showing the product's journey through all three sectors. | Formative assessment of collage progress. | ||||||||||||||||||||||
43 | 23 | Project Work: Written Explanation | Individual writing: Students write a paragraph explaining the interdependence of sectors for their product. | Check written explanation for clarity and accuracy. | ||||||||||||||||||||||
44 | 24 | Project Presentation & Unit Review | Presentations: Students present their collage and explain the sector interdependence for their product. | Summative assessment of project (Sector Collage). | ||||||||||||||||||||||
45 | Week 9 | |||||||||||||||||||||||||
46 | 25 | Who is an Entrepreneur? | Case study analysis: Famous entrepreneurs. Discussion on common traits. | Exit ticket: Define 'entrepreneur' and name one example. | ||||||||||||||||||||||
47 | 26 | Entrepreneurial Motives | Ranking activity: Students rank motives for starting a business (profit, independence, passion) and discuss. | Worksheet: List and explain at least two entrepreneurial motives. | ||||||||||||||||||||||
48 | 27 | Qualities: Innovation & Risk-Taking | Scenario analysis: How innovation and risk-taking lead to business success or failure. | Short answer: Describe the importance of innovation and risk-taking. | ||||||||||||||||||||||
49 | Week 10 | |||||||||||||||||||||||||
50 | 28 | Qualities: Leadership & Determination | Case studies: Entrepreneurs who overcame challenges through leadership and determination. | Paragraph: Describe how leadership/determination overcome challenges. | ||||||||||||||||||||||
51 | 29 | Case Study: A Young Entrepreneur | Deep dive: Analyse a case study of a young entrepreneur (e.g., from a teen business magazine). | Case study worksheet: Identify motives and qualities. | ||||||||||||||||||||||
52 | 30 | Business Ideas: Finding a Gap in the Market | Brainstorming session: Identify unmet needs or "gaps" within the school or local community. | Exit ticket: Identify one simple gap in the market. | ||||||||||||||||||||||
53 | Week 11 | |||||||||||||||||||||||||
54 | 31 | Introduction to the Business Plan | Deconstruct a simple business plan: Focus on the three key elements (Idea, Customer, Cost). | Worksheet: List the three key elements of a simple business plan. | ||||||||||||||||||||||
55 | 32 | Business Planning: The Product, Customer, and Costs | Guided practice: Students outline a simple business idea by defining product, customer, and one cost. | Worksheet: Define product/service, target customer, and one cost. | ||||||||||||||||||||||
56 | 33 | Project Work: Developing the Idea | Ideation session: Students develop their own business idea for the final pitch. | Check defined business idea with product and target customer. | ||||||||||||||||||||||
57 | Week 12 | |||||||||||||||||||||||||
58 | 34 | Project Work: Planning Costs & Pricing | Financial planning: Students list two startup costs and propose a selling price for their product. | Check completed cost and pricing plan. | ||||||||||||||||||||||
59 | 35 | Project Work: Rehearsing the Pitch | Pair work: Students write and rehearse a 2-minute business pitch for their idea. | Peer feedback on pitch clarity and content. | ||||||||||||||||||||||
60 | 36 | Project Presentation: Shark Tank Activity | Pitches: Students deliver their 2-minute business pitch to the class ("Shark Tank" style). | Summative assessment of pitch (Mini-Business Pitch Project). | ||||||||||||||||||||||
61 | Week 13 | |||||||||||||||||||||||||
62 | 37 | Introduction to Business Organisation | Discussion: Why do even small businesses need structure? Analyse chaotic vs. organized scenarios. | Exit ticket: Explain two reasons why a clear business structure is important. | ||||||||||||||||||||||
63 | 38 | Sole Traders: Features & Examples | Case studies: Local sole traders (e.g., plumber, baker). Discuss advantages and disadvantages. | Worksheet: List one advantage and one disadvantage of a sole trader. | ||||||||||||||||||||||
64 | 39 | Partnerships: Features & Examples | Case studies: Professional partnerships (e.g., law firms). Role-play a partnership agreement. | Worksheet: List one advantage and one disadvantage of a partnership. | ||||||||||||||||||||||
65 | Week 14 | |||||||||||||||||||||||||
66 | 40 | Limited Companies: An Introduction | Compare and contrast: Sole Trader vs. Limited Company. Focus on liability. | Worksheet: State the key difference between a sole trader and a limited company. | ||||||||||||||||||||||
67 | 41 | Franchises: Features & Examples | Analyse well-known franchises (e.g., McDonald's). Discuss the franchise business model. | Exit ticket: Name one franchise and explain the business model. | ||||||||||||||||||||||
68 | 42 | Choosing a Legal Structure | Scenario-based exercises: Recommend a suitable ownership type for different business situations. | Worksheet: Suggest a suitable ownership type for a given scenario. | ||||||||||||||||||||||
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70 | ||||||||||||||||||||||||||
71 | TERM 2 | |||||||||||||||||||||||||
72 | Lessons | Focus Topics | Key Activities | Assessment | Notes | |||||||||||||||||||||
73 | Week 15 | |||||||||||||||||||||||||
74 | 43 | Organisational Structures: Hierarchy | Define key terms. Analyse a simple organisational chart from a familiar company. | Worksheet: Define 'hierarchy' and 'chain of command' and identify them in a structure. | ||||||||||||||||||||||
75 | 44 | Drawing Organisational Charts | Guided practice: Students draw a simple organisational chart based on a written description. | Assess accurately drawn organisational chart. | ||||||||||||||||||||||
76 | 45 | Introduction to Management Styles | Card match activity: Matching characteristics to the three main leadership styles. | Quiz: Name the three main leadership styles. | ||||||||||||||||||||||
77 | Week 16 | |||||||||||||||||||||||||
78 | 46 | Autocratic and Democratic Leadership | Scenario analysis: Determine which style is being used and discuss the outcomes. | Worksheet: Describe key features of autocratic and democratic styles with a work example. | ||||||||||||||||||||||
79 | 47 | Laissez-Faire Leadership | Scenario analysis: Identify situations where a laissez-faire style is effective or ineffective. | Worksheet: Describe key features of laissez-faire style with a suitable work example. | ||||||||||||||||||||||
80 | 48 | Choosing a Management Style | Case studies: Recommend an appropriate leadership style for different business situations. | Worksheet: Suggest a suitable style for a given business situation. | ||||||||||||||||||||||
81 | Week 17 | |||||||||||||||||||||||||
82 | 49 | Role-play: Management in Action | Group role-play: Students demonstrate different leadership styles in a given workplace scenario. | Teacher observation and feedback on role-play effectiveness. | ||||||||||||||||||||||
83 | 50 | Project Work: Concept & Structure | Planning session: Students define their company concept and choose a suitable legal structure. | Check defined business idea and chosen legal structure. | ||||||||||||||||||||||
84 | 51 | Project Work: Org Chart & Roles | Design session: Students draw an organisational chart and define key roles for their company. | Check completed organisational chart with defined roles. | ||||||||||||||||||||||
85 | Week 18 | |||||||||||||||||||||||||
86 | 52 | Project Work: Leadership Style | Decision and justification: Students choose a management style for their company and write a justification. | Check chosen leadership style and justification. | ||||||||||||||||||||||
87 | 53 | Project Work: Finalising the Plan | Compilation: Students compile all components of their company design into a finalized plan. | Check complete, finalized company design plan. | ||||||||||||||||||||||
88 | 54 | Project Presentation & Unit Review | Presentations: Students present their company design, explaining their key structural choices. | Summative assessment of project (Company Design Project). | ||||||||||||||||||||||
89 | Week 19 | |||||||||||||||||||||||||
90 | 55 | What is Marketing? | Discussion: "What is the purpose of marketing?" Analyse engaging adverts. | Exit ticket: Define marketing and explain its purpose in one sentence. | ||||||||||||||||||||||
91 | 56 | Understanding Customer Needs | Case study: Business failures due to ignoring customer needs. Brainstorm why customers are important. | Paragraph: Explain why understanding customer needs is important for success. | ||||||||||||||||||||||
92 | 57 | Introduction to Market Research | Define market research. Discuss different methods (surveys, interviews, observation). | Worksheet: Define market research and give one reason for its use. | ||||||||||||||||||||||
93 | Week 20 | |||||||||||||||||||||||||
94 | 58 | Primary and Secondary Research | Card sort: Classify different research methods as primary or secondary. | Worksheet: Classify research methods as primary or secondary. | ||||||||||||||||||||||
95 | 59 | Creating a Questionnaire | Guided design: As a class, create a model questionnaire. Then students design their own short one. | Assess designed questionnaire (5 relevant questions). | ||||||||||||||||||||||
96 | 60 | Conducting a Survey & Analysing Results | In-class activity: Students conduct their surveys, tally results, and identify one simple finding. | Check survey results and stated finding. | ||||||||||||||||||||||
97 | Week 21 | |||||||||||||||||||||||||
98 | 61 | The Marketing Mix: The 4Ps | Introduction to the 4Ps. Match the Ps to definitions and examples. | Worksheet: List the 4Ps of the marketing mix. | ||||||||||||||||||||||
99 | 62 | The First P: Product | Analyse a well-known product. Identify its features, benefits, and Unique Selling Point (USP). | Worksheet: Define features, benefits, and USP for a simple item. | ||||||||||||||||||||||
100 | 63 | The Second P: Price | Discuss different pricing strategies (penetration, skimming, cost-plus). Suggest prices for new products. | Worksheet: Name one pricing strategy and suggest a price for a product. | ||||||||||||||||||||||