HOME TRADE

Importance of trade. Retail traders without shops.

By the end of the lesson, the learner should be able to:


Outline importance of trade.

Give examples of traders without shops.
State advantages / disadvantages of hawking, open air markets, road side markets, vending machines.

Open discussion;

Probing questions;

Group work & presentations

Photographs

New Inventor KLB BK I Pg 70-74

HOME TRADE

Retail traders with shops.

By the end of the lesson, the learner should be able to:
Give examples of traders with shops.
State advantages / disadvantages of unit shops, tied shop, kiosk,

Open discussion;
Probing questions;
Group work & presentations

Relevant business environment

New Inventor KLB BK I Pg 74-76

HOME TRADE

Large scale retailers. -supermarkets.

By the end of the lesson, the learner should be able to:
Identify features of supermarkets.
State advantages / disadvantages of supermarkets.

Group work & presentations;
Discussion;

Pictures

New Inventor KLB BK I Pg 76-81

HOME TRADE

-chain stores.
-departmental stores.

By the end of the lesson, the learner should be able to:
Identify features of chain stores
State advantages / disadvantages of chain stores.
Identify features of departmental stores,
State advantages / disadvantages of departmental stores.

Probing questions;
Discussion.

Photographs.

New Inventor KLB BK I pg 81 

HOME TRADE

-hypermarkets.
-Mail order stores.

By the end of the lesson, the learner should be able to:
Identify features of hypermarkets
State advantages / disadvantages of hypermarkets.
Identify features of mail order stores.
State advantages / disadvantages of mail order store.

Probing questions;
Discussion.
Oral questions;
Brief discussion.

Relevant business environment

Photographs.

New Inventor KLB BK I 

HOME TRADE

Functions of retailers.

By the end of the lesson, the learner should be able to:
Outline services rendered by retailers.

Brain storming;
Probing questions;
Brief discussion.

New Inventor KLB BK I Pg 82-85

HOME TRADE

Categories of wholesalers.

By the end of the lesson, the learner should be able to:
Outline various categories of wholesalers.

Exposition;
Oral questions;
Brief discussion.

Relevant business environment

New Inventor KLB BK I Pg 85-86

HOME TRADE

Functions of wholesalers.

By the end of the lesson, the learner should be able to:
Enumerate functions of wholesalers.

Brain storming;
Probing questions;
Brief discussion.

New Inventor KLB BK I Pg 86

HOME TRADE

Documents used in home trade.

By the end of the lesson, the learner should be able to:
Identify some documents used in home trade.

Brief discussion on catalogue, letter of inquiry, quotation, price list, various notes, invoice, delivery, etc.
Group work.

Sample copies of documents used in home trade.

New Inventor KLB BK I Pg 87-90

HOME TRADE

Documents used in home trade

By the end of the lesson, the learner should be able to:
Identify some documents used in home trade during cash and credit transactions.

Brief discussion on catalogue, letter of inquiry, quotation, price list, various notes, invoice, delivery, etc.
Group work.

Sample copies of documents used in home trade.

New Inventor KLB BK I Pg 90--99

HOME TRADE

Means of payment Cash
Cheque.

By the end of the lesson, the learner should be able to:
State advantages (to the buyer and to the seller) of cash payment.
State advantages (to the buyer and to the seller) of cheque payment.

Brain storming;
Brief discussion.

Relevant business environment

Sample cheque.

New Inventor KLB BK I Pg 100-101

HOME TRADE

Bill of exchange.

By the end of the lesson, the learner should be able to:
Identify features of a bill ob exchange.
Outline steps of preparing a bill of exchange.

Exposition;
Brief discussion.

Sample bill of exchange.

New Inventor KLB BK I Pg 103-4

HOME TRADE

Promissory note.
Money order.

By the end of the lesson, the learner should be able to:
Describe a promissory note.
Identify features of promissory note.
Identify features of a money order.

Exposition;
Brief discussion.
Examine a money order to identify its features;
Discussion on its appropriateness.

Sample note.
Sample money orders.

New Inventor KLB BK I Pg 104

HOME TRADE

Postal order.
Banker?s cheque.

By the end of the lesson, the learner should be able to:
Identify features of a money order.
Compare a money order and a postal order.
Identify features of a banker?s cheque.
Give reasons why a cheque may be dishonoured.

Examine a postal order to identify its features;
Discussion on its appropriateness.
Examine a bankers cheque;
Brain storming;
Discussion.

Postal order copies.
Sample copy.

New Inventor KLB BK I Pg 105-6

HOME TRADE

Terms of payment. -Cash

By the end of the lesson, the learner should be able to:


Give reasons for appropriateness of cash payment.
Identify circumstances for C.O.D. and C.W.O. terms.

Brief discussion with probing questions.

text book

New Inventor KLB BK IPg 108

HOME TRADE

open credit.

By the end of the lesson, the learner should be able to:
Give reasons for appropriateness of open credit.
Identify examples of open credit terms.
Outline advantages / disadvantages of credit terms.

Brain storming;
Exposition of new terms.
Discussion.

magazines

New Inventor KLB BK IPg 108-110

HOME TRADE

hire purchase.
discount terms.

By the end of the lesson, the learner should be able to:
State differences between open credit and hire purchase.
Cite advantages / disadvantages of hire purchase to the buyer and to the seller.
Differentiate between trade and cash discounts.

Brain storming;
Oral questioning;
Discussion.
Exposition of new ideas;

text book

New Inventor KLB BK IPg 111

HOME TRADE

-installment buying & Standing order.

By the end of the lesson, the learner should be able to:
Define installment buying.
State implication of a standing order.

Oral questioning; Exposition;
Discussion.

newspaper

New Inventor KLB BK IPg 112,
114