Summary

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.

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