FORMS OF BUSINESS UNITS

Sole proprietorship. Ownership, formation, sources of capital, management and dissolution of a personal business.
Advantages and disadvantages of sole proprietorship.
Business partnerships. Classification of business partnership.

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


Describe the features of sole proprietorship of a business with regard to ownership, formation, sources of capital, management and dissolution of the business.

State advantages and disadvantages of sole proprietorship.

Brainstorming;
Probing questions;
Exposition;
Discussion.


Probing questions;
Explanations.

Chart forms of business units showing all features.
student book
Chart ? forms of business units showing all features.

New
Inventor
KLB BOOK II
Pg 1-2

New Inventor KLB BOOK II Pg 2-3

FORMS OF BUSINESS UNITS

Formation of business partnership.
Management, Sources of Capital & dissolution of partnerships.

By the end of the lesson, the learner should be able to:
Define the term partnership deed.
Identify components of a partnership deed.
Outline rights of a partner and duties as enshrined in the Partnership Act.

Brainstorming;
Probing questions;
Exposition;
Discussion.

student book
Chart ; forms of business units showing all features.

New Inventor KLB BOOK II Pg 4-5,7

FORMS OF BUSINESS UNITS

Advantages & disadvantages of a partnership.
Co-operatives. Introduction and formation.

By the end of the lesson, the learner should be able to:
State advantages and disadvantages of a business partnership.

Probing questions;
Discussion.

student book
Chart ; forms of business units showing all features.

New Inventor KLB BOOK II Pg 6-7

FORMS OF BUSINESS UNITS

Ownership, capital & management.
Producer Co-operatives.
Consumer Co-operatives.
SACCOs

By the end of the lesson, the learner should be able to:
Describe ownership & management of co-operative societies.
Enumerate sources of capital for co-operative societies.

State advantages & disadvantages of
consumer co-operatives.
Cite examples of consumer co-operatives.

Exposition;
Probing questions;
Discussion.
Oral questions;
Explanations;
Discussion.

student book
student book
Chart: structure of co-operatives in Kenya.

New Inventor KLB BOOK II Pg 8-9
New Inventor KLB BOOK II Pg 11

FORMS OF BUSINESS UNITS

Primary and secondary co-operative societies.
Limited liability companies. Formation of a company.

By the end of the lesson, the learner should be able to:
Identify primary and secondary co-operative societies.
State advantages & disadvantages of co-operative societies.

Exposition;
Explanations;
Discussion.

student book
Chart ; forms of business units showing all features.

New Inventor KLB BOOK II Pg 13-14

FORMS OF BUSINESS UNITS

Sources of capital. Shares.
Other sources of capital.

By the end of the lesson, the learner should be able to:
Differentiate between ordinary & preference shares.
State characteristics of each.

Exposition of new concepts;
Probing questions;
Discussion.

student book
Chart- sources of capital.

New Inventor KLB BOOK II Pg 17-18

FORMS OF BUSINESS UNITS

Types of companies. Private limited companies.
Public limited company.
Management & role of stock exchange market.
Dissolution of limited liability companies.

By the end of the lesson, the learner should be able to:
State characteristics of a private company.
Outline the advantages and disadvantages of a private limited company.

Analyse management practices of a company.
Outline the functions of stock exchange market.

Exposition of new concepts;
Probing questions;
Discussion.

student book
Chart ; forms of business units showing all features.
Chart: organization structure of a company.
student book

New Inventor KLB BOOK II Pg 19-20
New Inventor KLB BOOK II Pg 22-24

FORMS OF BUSINESS UNITS

Public Corporations & Parastatals.

By the end of the lesson, the learner should be able to:
Define a public corporation and a parastatal.
Give examples of public corporations / parastatals in Kenya.
Describe formation of public corporations.
State merits and demerits of public corporations.

Exposition of new concepts;
Oral questions;
Detailed discussion.

Chart ; forms of business units showing all features.

New Inventor KLB BOOK II Pg 26-27

FORMS OF BUSINESS UNITS

Management, financing and dissolving of public corporations.
Trends in forms of business units. Topic review.

By the end of the lesson, the learner should be able to:
Describe the management, financing and dissolving of public corporations.

Exposition of new concepts;
Probing questions;
Discussion.

student book

New Inventor KLB BOOK II Pg 27-28

GOVERNMENT & BUSINESS
TRANSPORT

Methods of consumer protection.
Importance of transport to business. Elements of transport.
Land transport; Human porterage & cart transport.
Road transport.

By the end of the lesson, the learner should be able to:
Describe various methods used by the government to protect consumers.
Identify functions & limitations of consumer associations and NGOs.

State merits & demerits of human porterage & cart transport.

Exposition of new concepts.
Brief discussion;
Topic review.
Brain storming;
Brief discussion.

newspaper
student book
Chart- modes of transport.
student book

New Inventor KLB BOOK II Pg 39-40
New Inventor KLB BOOK II Pg 44-45

TRANSPORT

Railway transport.
Pipeline transport.

By the end of the lesson, the learner should be able to:
State merits & demerits of railway transport.

Brain storming;
Brief discussion.

newspaper

New Inventor KLB BOOK II Pg 47-48

TRANSPORT

Water transport.
Containerization & Air transport.

By the end of the lesson, the learner should be able to:
describe inland waterway transport & sea transport.
State merits & demerits of Sea transport.
Give examples of water vessels.

Exposition of new concepts;
Detailed discussion.

student book

New Inventor KLB BOOK II Pg 49-52

TRANSPORT
COMMUNICATION

Choosing means of transport.
Current trends and emerging issues in transport.
Meaning and importance of communication.
Lines of communication.

By the end of the lesson, the learner should be able to:
Highlight some factors for choosing means of transport.



Define the term communication.
State purposes of communication.

Brain storming;
Probing questions;
Brief discussion.



Brainstorming
Brief discussion.

student book
student book
newspaper

New Inventor KLB BOOK II Pg 55-56
New Inventor KLB BOOK II Pg 59-60

COMMUNICATION

Essentials of effective communication.
Forms and means of communication. Oral communication.

By the end of the lesson, the learner should be able to:
Identify essential elements of effective communication.

Exposition of new terms e.g. encoding, decoding, feedback.
Brief discussion.

Chart: block diagram of essential components of effective communication.
student book

New Inventor KLB BOOK II Pg 61-62

COMMUNICATION

Radio calls & paging.
Written communication.

By the end of the lesson, the learner should be able to:
Outline features of a radio call and a pager.
State merits & demerits of radio calls and paging.

Exposition.
Brief discussion.

newspaper
student book

New Inventor KLB BOOK II Pg 65-66

COMMUNICATION

Audio ?visual and other forms of communication.
Choosing means of communication.
Barriers to effective communication.
Services facilitating communication. -mailing services.

By the end of the lesson, the learner should be able to:
Define audio-visual form of communication.
Identify and Explain some audio-visual forms of communication.
Highlight some barriers to effective communication.

Exposition of new concepts.
Identifying common signs, e.g. road signs, signs of danger, HIV/Aids etc.

Brief discussion and questions.

Diagrams of signs used in communication.
student book

New Inventor KLB BOOK II Pg 71-75
New Inventor KLB BOOK II Pg 75-76

COMMUNICATION

Telephone and broadcasting services.

By the end of the lesson, the learner should be able to:
Explain how telephones, broadcasting & telecasting facilitate communication.

Oral questions;
Brief discussion.

newspaper

New Inventor KLB BOOK II Pg 79-80

COMMUNICATION
WARE-HOUSING

E-mail & Internet.
Importance of warehouses to a business.

By the end of the lesson, the learner should be able to:
Explain emerging issues relating to use of e-mails & internet.

Exposition of new terms such as e-mail address, on-line, cyber caf?, etc.
Practical activities: accessing the internet, opening e-mail address.

Computer, modem, mobile phone.
text book

New Inventor KLB BOOK II Pg 80-82

WARE-HOUSING

Essentials of a warehouse.

By the end of the lesson, the learner should be able to:
Identify important features and resources of a warehouse.

Exposition;
Discussion.

text book

New Inventor KLB BOOK II Pg 85-86

WARE-HOUSING

Private warehouse.
Public warehouse.
Bonded warehouses.

By the end of the lesson, the learner should be able to:
Classify private warehouses on basis of ownership.
State merits & demerits of a private warehouse.

Identify services provided by public ware houses.
State merits & demerits of a public warehouse.

Exposition;
Oral questions;
Discussion.
Brain storming;
Oral questions;
Discussion.

Chart ? classification of warehouses.
newspaper,magazines
newspaper

New Inventor KLB BOOK II Pg 85-86
New Inventor KLB BOOK II Pg 86-87

WARE-HOUSING

Free warehouses.

By the end of the lesson, the learner should be able to:
Outline features of free warehouses.
State merits and demerits of free warehouses.

Exposition;
Oral questions;
Discussion.

text book

New Inventor KLB BOOK II Pg 89-90

INSURANCE

Introduction. Definitions.
Importance of insurance. The theory of Pooling of risks.

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

Explain the terms contingencies, hazards or perils.
Define the terms insurance.
Give meanings of terms used in insurance.

Exposition,
Detailed discussion.

text book
newspaper

New Inventor KLB BOOK II Pg 91,94-96

INSURANCE

Principles of Insurance:
Classes of insurance: Life assurance.
General insurance or property insurance.
Accident insurance.

By the end of the lesson, the learner should be able to:
Explain the principles of insurance.
Give examples of risks insured under general insurance cover.
Outline characteristics of general insurance.

Expository
Approaches;
Explanations;
Discussion.
Brain storming;
Exposition of new concepts;
Oral questions;
Discussion.

magazines,text book
Chart ? types of insurance covers.
business enviroment
text book

New Inventor KLB BOOK II Pg 97-99
New Inventor KLB BOOK II Pg 101

INSURANCE

Marine insurance.
Premiums & Re-insurance.
Obtaining an insurance policy & compensation.

By the end of the lesson, the learner should be able to:
Identify policies offered under

Exposition of new concepts;
Discussion.

text book
newspaper

New Inventor KLB BOOK II Pg 104-5