3.1 Business in the real world Teach before: 3.2 Influences on business 3.1.1 The purpose and nature of businesses Specification Learning objectives Additional guidance Suggested Learning activities and resources content timing (hours) Purpose of To understand what a Reasons for starting a 1 Business types show pictures of a variety of businesses students to explain – – business business is and the business include: what the purpose of each business is. reasons for starting a producing goods, Reasons for Stretch and challenge opportunity students to generate ideas of other – business. supplying services, starting a businesses that are created for each purpose. distributing products, business What is a business fulfilling a business – opportunity and Why start a business – providing a good or Reasons for starting a business will overlap with entrepreneur’s objectives. See service to benefit section for further ideas. others.
3.1 Business in the real world Teach before: 3.2 Influences on business 3.1.1 The purpose and nature of businesses Specification content Learning objectives Additional guidance Suggested timing (hours) Learning activities and resources Purpose of business Reasons for starting a business To understand what a business is and the reasons for starting a business. Reasons for starting a business include: producing goods, supplying services, distributing products, fulfilling a business opportunity and providing a good or service to benefit others. 1 Business types – show pictures of a variety of businesses – students to explain what the purpose of each business is. Stretch and challenge opportunity – students to generate ideas of other businesses that are created for each purpose. What is a business – Why start a business – Reasons for starting a business will overlap with entrepreneur’s objectives. See section for further ideas.
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