Subject: Business Studies Class: JSS 1 Term: Second Term Week: 7 Topic: Introduction to Business Ownership Sub-topic: Types of Business Ownership Duration: 45 minutes Entry Behaviour: Students are expected to have a basic understanding of businesses and their functions. Key Words: Business Ownership, Sole Proprietorship, Partnership, Corporation, Limited Liability, Unlimited Liability. Behavioural Objectives: By the
What is an Occupation? An occupation is a person’s regular work or profession, typically considered as a means of earning a living. 1b. Mention the three types of occupation you were taught: Agricultural Occupations: Involves activities related to farming and cultivation of land. Industrial Occupations: Involves work related to manufacturing and production. Service or Professional
Subject: Business Studies Class: JSS 1 Term: Second Term Week: 3 Topic: Rewards of the Factors of Production Sub-topic: Understanding Compensation for Land, Labor, Capital, and Entrepreneurship Duration: 40 minutes Entry Behaviour: Students should recall the four factors of production and their definitions. Key Words: Rent, Wages/Salaries, Interest, Profit Behavioral Objectives: By the end of
Subject: Business Studies Class: JSS 1 Term: Second Term Week: 2 Topic: Factors of Production Sub-topic: Understanding the Four Factors Duration: 40 minutes Entry Behaviour: Students are expected to recall basic knowledge about goods and services. Key Words: Land, Labor, Capital, Entrepreneurship Behavioral Objectives: By the end of the lesson, students should be able to
