Business and Money Management

Money - Security features of Kenyan currency
Money - Verifying authenticity of currency (Watermark, security thread, hologram)
Money - Themes of Kenyan money
Money - Functions of money in financial transactions
Money - Demand for money (Transaction, precautionary and speculative motives)
Money - Factors determining supply of money in an economy
Money - Ethical and unethical practices in financial transactions
Business Goals - Meaning and importance of goal setting in business

By the end of the lesson, the learner should be able to:
- Define the term security feature as used in currency
- Identify key security features on Kenyan currency notes and coins
- Handle money carefully to detect counterfeit notes in daily transactions

In groups, learners are guided to:
- Discuss and present on the security features of money
- Observe actual Kenyan currency notes to identify security features
- Touch and examine textures of notes and coins

Why are security features important on Kenyan currency?

- MASTER Business Studies Learner's Book pg. 1
- Samples of Kenyan currency notes and coins
- Charts showing security features
- MASTER Business Studies Learner's Book pg. 2
- Samples of Kenyan currency (200, 500, 1000 shilling notes)
- Magnifying glass
- MASTER Business Studies Learner's Book pg. 4
- Samples of different currency denominations
- Charts showing currency themes
- MASTER Business Studies Learner's Book pg. 7
- Play money
- Items for role play
- MASTER Business Studies Learner's Book pg. 10
- Case study: Mwangi family
- Digital resources
- MASTER Business Studies Learner's Book pg. 12
- Digital devices
- Internet access
- MASTER Business Studies Learner's Book pg. 14
- Video clips
- MASTER Business Studies Learner's Book pg. 19
- Case study materials
- Flash cards

- Observation - Oral questions - Practical identification

Business and Money Management

Business Goals - Benefits of goal setting for business success
Business Goals - Factors to consider when setting business goals
Business Goals - Steps followed when setting business goals
Business Goals - Understanding and applying SMART goals framework
Business Goals - Formulating SMART short-term and long-term business goals
Business Goals - Aligning and presenting business goals
Budgeting in Business - Meaning of budgeting in business
Budgeting in Business - Importance of budgeting in business
Budgeting in Business - Types of business budgets

By the end of the lesson, the learner should be able to:
- Describe how goals provide direction and facilitate planning
- Explain how goals motivate teams and measure performance
- Apply goal setting principles to personal projects and activities

In groups, learners are guided to:
- Analyse case study on Grace's necklace business
- Discuss how goals help in resource allocation and decision making
- Present on benefits of goal setting for business growth

How do business goals help in measuring success?

- MASTER Business Studies Learner's Book pg. 21
- Case study: Grace's business
- Charts on goal setting
- MASTER Business Studies Learner's Book pg. 23
- Case study: Emma's bakery
- Digital resources
- MASTER Business Studies Learner's Book pg. 24
- Internet access
- Reference materials
- MASTER Business Studies Learner's Book pg. 25
- Charts on SMART framework
- Examples of goals
- MASTER Business Studies Learner's Book pg. 27
- Goal setting worksheets
- Sample business scenarios
- MASTER Business Studies Learner's Book pg. 29
- Goal alignment charts
- Manila papers
- MASTER Business Studies Learner's Book pg. 30
- Sample budget plans
- Case study: Alvin's budget
- MASTER Business Studies Learner's Book pg. 31
- Case study: James's shop
- Budget templates
- MASTER Business Studies Learner's Book pg. 33
- Digital devices
- Video clips

- Case study presentation - Group discussion - Written assignment

Business and Money Management

Budgeting in Business - Steps in preparing a business budget
Budgeting in Business - Creating and presenting a business budget
Budgeting in Business - Monitoring and adjusting budgets
Budgeting in Business - Budgeting for emergency measures
Budgeting in Business - Planning for business contingencies
Banking - Meaning and importance of banking in an economy
Banking - Types of accounts offered by banks
Banking - Ethical and unethical practices in banking

By the end of the lesson, the learner should be able to:
- Outline steps followed when preparing a business budget
- Identify income and expense categories for a budget
- List personal income sources and regular expenses

In groups, learners are guided to:
- Discuss steps for preparing a budget (setting goals, estimating income, listing expenses)
- Identify revenue and expense items for a business
- Create budget categories

What information do you need before preparing a business budget?

- MASTER Business Studies Learner's Book pg. 35
- Budget preparation guides
- Sample business data
- MASTER Business Studies Learner's Book pg. 36
- Budget templates
- Calculators
- MASTER Business Studies Learner's Book pg. 37
- Budget tracking sheets
- Case scenarios
- MASTER Business Studies Learner's Book pg. 38
- Case study materials
- Budget worksheets
- Budget calculators
- Emergency planning guides
- MASTER Business Studies Learner's Book pg. 39
- Case study: Kithimani town
- Bank brochures
- MASTER Business Studies Learner's Book pg. 42
- Mind maps on account types
- Bank account brochures
- MASTER Business Studies Learner's Book pg. 44
- Video clips
- Case study materials

- Oral questions - Written exercises - Group discussion

Business and Money Management
Business and Its Environment
Business and Its Environment
Business and Its Environment
Business and Its Environment
Business and Its Environment
Business and Its Environment
Business and Its Environment
Business and Its Environment
Business and Its Environment
Business and Its Environment

Banking - Trends in banking in Kenya
Banking - Opening a junior savings bank account
Banking - Benefits of junior savings accounts
Business Activities - Concept of needs and wants
Business Activities - Types and characteristics of economic resources
Business Activities - Types of economic resources (Natural, human and man-made)
Business Activities - Relationship between scarcity, choice, opportunity cost and scale of preference
Business Activities - Importance of business activities in society
Business Activities - Classification of business activities and business environment
Types of Business Ownership - Meaning of sole proprietorship
Types of Business Ownership - Formation of sole proprietorship
Types of Business Ownership - Management of sole proprietorship
Types of Business Ownership - Sources of finance for sole proprietorship

By the end of the lesson, the learner should be able to:
- Identify current trends in banking in Kenya
- Explain mobile banking, agency banking and digital lending services
- Use digital banking platforms for convenient transactions

In groups, learners are guided to:
- Search for information on trends in banking in Kenya
- Discuss mobile banking, online banking and contactless payments
- Present on how technology has transformed banking

How has mobile banking changed the way Kenyans manage their money?

- MASTER Business Studies Learner's Book pg. 46
- Digital devices
- Internet access
- MASTER Business Studies Learner's Book pg. 47
- Sample account opening forms
- Bank guidelines
- MASTER Business Studies Learner's Book pg. 48
- Charts on benefits of saving
- Testimonials from young savers
- MASTER Business Studies Learner's Book pg. 49
- Pictures of various items
- Sorting cards
- MASTER Business Studies Learner's Book pg. 52
- Charts on economic resources
- Digital resources
- MASTER Business Studies Learner's Book pg. 54
- Pictures showing different resources
- MASTER Business Studies Learner's Book pg. 56
- Case study: Anne's decision
- Scale of preference templates
- MASTER Business Studies Learner's Book pg. 58
- Pictures of local businesses
- Charts on business benefits
- MASTER Business Studies Learner's Book pg. 60
- Classification charts
- Digital devices
- MASTER Business Studies Learner's Book pg. 67
- Pictures of sole proprietorship businesses
- MASTER Business Studies Learner's Book pg. 68
- Case study materials
- Sample business registration forms
- MASTER Business Studies Learner's Book pg. 69
- Interview questions for business owners
- MASTER Business Studies Learner's Book pg. 70
- Charts on sources of finance

- Oral presentation - Written questions - Research assignment

Business and Its Environment

Types of Business Ownership - Advantages of sole proprietorship
Types of Business Ownership - Disadvantages of sole proprietorship
Types of Business Ownership - Meaning of partnership
Types of Business Ownership - Formation of partnership
Types of Business Ownership - Management of partnership
Types of Business Ownership - Sources of finance for partnership
Types of Business Ownership - Advantages of partnership
Types of Business Ownership - Disadvantages of partnership
Types of Business Ownership - Meaning of cooperative society

By the end of the lesson, the learner should be able to:
- Explain the advantages of sole proprietorship
- Analyse benefits such as quick decision making and profit retention
- Value independence in managing personal affairs

In groups, learners are guided to:
- Brainstorm advantages of sole proprietorship
- Search for information on benefits of sole proprietorship
- Debate supporting sole proprietorship as a business form

Why do many people prefer to start sole proprietorship businesses?

- MASTER Business Studies Learner's Book pg. 71
- Debate guidelines
- Reference materials
- MASTER Business Studies Learner's Book pg. 72
- Case studies on business challenges
- Debate materials
- MASTER Business Studies Learner's Book pg. 73
- Case study: Sam and Wanjiku's hotel
- Digital resources
- MASTER Business Studies Learner's Book pg. 75
- Sample partnership agreements
- Internet access
- MASTER Business Studies Learner's Book pg. 76
- Management structure charts
- MASTER Business Studies Learner's Book pg. 77
- Finance source charts
- Digital devices
- MASTER Business Studies Learner's Book pg. 78
- MASTER Business Studies Learner's Book pg. 79
- Case studies on partnership disputes
- MASTER Business Studies Learner's Book pg. 80
- Case study: Sesco village

- Debate participation - Oral questions - Written assignment

Business and Its Environment

Types of Business Ownership - Types of cooperative societies
Types of Business Ownership - Formation of cooperative societies
Types of Business Ownership - Management of cooperative societies
Types of Business Ownership - Sources of finance for cooperative societies
Types of Business Ownership - Advantages of cooperative societies
Types of Business Ownership - Disadvantages of cooperative societies
Types of Business Ownership - Role of sole proprietorship, partnerships and cooperatives in economy
Social Responsibility of Business - Need for social responsibility of a business
Social Responsibility of Business - Social responsibility activities of a business

By the end of the lesson, the learner should be able to:
- Identify types of cooperative societies in Kenya
- Classify cooperatives as SACCOs, producer, consumer or housing cooperatives
- Consider joining savings groups for financial benefits

In groups, learners are guided to:
- Analyse mind map on types of cooperative societies
- Search for information on different types of cooperatives
- Discuss examples of each type in Kenya

What types of cooperative societies exist in Kenya?

- MASTER Business Studies Learner's Book pg. 82
- Mind maps on cooperative types
- Reference materials
- MASTER Business Studies Learner's Book pg. 84
- Sample cooperative constitutions
- Registration guidelines
- MASTER Business Studies Learner's Book pg. 85
- Management structure charts
- Digital resources
- MASTER Business Studies Learner's Book pg. 86
- Finance source charts
- MASTER Business Studies Learner's Book pg. 87
- Debate guidelines
- Charts on advantages
- Case studies on cooperative challenges
- Debate materials
- MASTER Business Studies Learner's Book pg. 88
- Economic contribution charts
- Manila papers
- MASTER Business Studies Learner's Book pg. 90
- Case study: Bakeries comparison
- MASTER Business Studies Learner's Book pg. 92
- Mind maps on CSR activities
- Pictures of CSR projects

- Classification exercise - Oral presentation - Written assignment

Business and Its Environment

Social Responsibility of Business - How businesses support safe road use
Social Responsibility of Business - Challenges faced by businesses in social responsibility
Social Responsibility of Business - Designing and implementing social responsibility in school
Entrepreneurship - Meaning of entrepreneurship and entrepreneurial skills
Entrepreneurship - Importance of entrepreneurial skills for economic development
Entrepreneurship - Types of entrepreneurs (Innovative and imitative)
Entrepreneurship - Types of entrepreneurs (Social, hustler and researcher)
Entrepreneurship - Evaluating business ideas and opportunities

By the end of the lesson, the learner should be able to:
- Explain how businesses can support safe road use in the community
- Describe business contributions to road safety awareness
- Practice road safety when travelling to and from school

In groups, learners are guided to:
- Discuss how businesses can support safe road use
- Create flashcards on business road safety initiatives
- Present on road safety awareness campaigns

How can businesses help reduce road accidents in the community?

- MASTER Business Studies Learner's Book pg. 94
- Flashcards
- Road safety materials
- MASTER Business Studies Learner's Book pg. 95
- Case study materials
- Digital resources
- MASTER Business Studies Learner's Book pg. 97
- Survey questionnaires
- Planning templates
- MASTER Business Studies Learner's Book pg. 99
- Mind maps on entrepreneurial skills
- MASTER Business Studies Learner's Book pg. 101
- Reference materials
- Charts on economic contribution
- MASTER Business Studies Learner's Book pg. 102
- Case studies of entrepreneurs
- Digital devices
- MASTER Business Studies Learner's Book pg. 103
- Entrepreneur profiles
- Matching worksheets
- MASTER Business Studies Learner's Book pg. 104
- Case studies: Sarah and Tom
- Evaluation templates

- Flashcard presentation - Oral questions - Written exercises

Business and Its Environment

Entrepreneurship - Factors to consider when evaluating business ideas
Entrepreneurship - Importance of business incubation
Entrepreneurship - Activities at business incubation centres
Entrepreneurship - Identifying opportunities and starting a business in school
Entrepreneurship - Planning and launching a school business
Entrepreneurship - Conducting self-entrepreneurial assessment
Entrepreneurship - Compiling business ideas and determining suitability
Production - Meaning and importance of production in an economy
Production - Benefits of production to the economy

By the end of the lesson, the learner should be able to:
- Identify factors to consider when evaluating business ideas
- Analyse market demand, competition and resource requirements
- Assess personal skills before starting ventures

In groups, learners are guided to:
- Share experiences on business ideas for start-ups
- Discuss factors like demand, skills and resources
- Evaluate sample business ideas

What factors should you consider before starting a business?

- MASTER Business Studies Learner's Book pg. 106
- Business idea evaluation sheets
- Digital resources
- MASTER Business Studies Learner's Book pg. 107
- Information on incubation centres
- Digital devices
- MASTER Business Studies Learner's Book pg. 108
- Virtual tour resources
- Resource person
- MASTER Business Studies Learner's Book pg. 109
- Opportunity identification templates
- School environment
- MASTER Business Studies Learner's Book pg. 110
- Business plan templates
- Start-up materials
- MASTER Business Studies Learner's Book pg. 111
- Self-assessment worksheets
- Rating scales
- MASTER Business Studies Learner's Book pg. 112
- Business idea compilation sheets
- Rating templates
- MASTER Business Studies Learner's Book pg. 113
- Pictures of production processes
- Charts on production importance
- MASTER Business Studies Learner's Book pg. 115
- Economic charts

- Oral presentation - Written assignment - Peer assessment

Business and Its Environment

Production - Factors of production (Land and labour)
Production - Factors of production (Capital and entrepreneurship)
Production - Types of costs in a production unit (Fixed and variable costs)
Production - Types of costs (Total, marginal and average costs)
Production - Computing types of costs in production
Production - Division of labour and specialisation
Production - Advantages and disadvantages of division of labour and specialisation
Production - Roles and responsibilities of a producer to consumer

By the end of the lesson, the learner should be able to:
- Define factors of production
- Explain land and labour as factors of production
- Value natural resources and human effort in creating goods

In groups, learners are guided to:
- Discuss and present on factors of production
- Search for information on land and labour
- Watch video on factors of production

What natural resources and human skills are needed to produce goods?

- MASTER Business Studies Learner's Book pg. 116
- Video clips
- Pictures of land and labour
- MASTER Business Studies Learner's Book pg. 118
- Pictures of capital goods
- Reference materials
- MASTER Business Studies Learner's Book pg. 119
- Cost classification charts
- Case scenarios
- MASTER Business Studies Learner's Book pg. 120
- Calculators
- Cost calculation worksheets
- MASTER Business Studies Learner's Book pg. 122
- Practice exercises
- Calculators
- MASTER Business Studies Learner's Book pg. 124
- Comparison charts
- Digital resources
- MASTER Business Studies Learner's Book pg. 126
- Debate guidelines
- Chart materials
- MASTER Business Studies Learner's Book pg. 128
- Case study: Chap Chap Posho Mill
- Role play props

- Video analysis - Oral questions - Written exercises

Business and Its Environment
Government and Global Influence in Business
Government and Global Influence in Business
Government and Global Influence in Business
Government and Global Influence in Business
Government and Global Influence in Business
Government and Global Influence in Business
Government and Global Influence in Business
Government and Global Influence in Business
Government and Global Influence in Business

Production - Designing an appropriate label for a product
Production - Creating product labels with required information
Consumer Satisfaction - Meaning and importance of consumer satisfaction
Consumer Satisfaction - Benefits of consumer satisfaction to businesses
Consumer Satisfaction - Terms and conditions for supply of goods and services
Consumer Satisfaction - Understanding warranties, refunds and consumer rights
Consumer Satisfaction - Remedies for consumer satisfaction
Consumer Satisfaction - Proactive and reactive strategies for customer satisfaction
Consumer Satisfaction - Carrying out customer satisfaction survey
Public Finance - Meaning and components of public finance
Public Finance - Importance of public finance
Public Finance - Sources of public finance
Public Finance - Meaning and importance of taxation
Public Finance - Principles of taxation
Public Finance - Requirements for tax compliance in Kenya
Public Finance - Tax exemption in Kenya
Public Finance - Types of custom duties in Kenya
Public Finance - Trends and ethical issues in taxation

By the end of the lesson, the learner should be able to:
- Explain the functions of product labelling
- Design an appropriate label for a product
- Read product labels to make informed purchasing decisions

In groups, learners are guided to:
- Discuss functions of labelling (identification, information, safety)
- Use available resources to design a product label
- Present designed labels to class

What information should be included on a product label?

- MASTER Business Studies Learner's Book pg. 131
- Sample product labels
- Design materials
- MASTER Business Studies Learner's Book pg. 133
- Label templates
- Marking pens and materials
- MASTER Business Studies Learner's Book pg. 137
- Pictures of customer interactions
- Digital resources
- MASTER Business Studies Learner's Book pg. 139
- Case studies
- Charts on customer benefits
- MASTER Business Studies Learner's Book pg. 140
- Sample invoices and warranties
- MASTER Business Studies Learner's Book pg. 142
- Video clips
- Consumer rights materials
- MASTER Business Studies Learner's Book pg. 143
- Case study: Jane's laptop
- Role play props
- MASTER Business Studies Learner's Book pg. 145
- Strategy charts
- Reference materials
- MASTER Business Studies Learner's Book pg. 147
- Survey questionnaires
- Data analysis templates
- Master Business Studies pg. 150
- Digital resources
- Internet access
- Master Business Studies pg. 151
- Charts
- Master Business Studies pg. 153
- Mind maps
- Master Business Studies pg. 154
- Flash cards
- Master Business Studies pg. 155
- Reference books
- Master Business Studies pg. 157
- KRA posters
- iTax portal images
- Master Business Studies pg. 159
- Master Business Studies pg. 161
- Resource person
- Master Business Studies pg. 162
- Case study extracts

- Label design exercise - Oral presentation - Peer assessment