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Economic Management Sciences Learning Area - Curriculum ...

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Develops and implements a simple<br />

business plan for a trading or service<br />

business that could be operated from<br />

school or from home.<br />

Designs an advertising campaign to<br />

promote a product that will generate a<br />

profit.<br />

Describes how the four elements of the<br />

marketing mix are combined in a simple<br />

business activity.<br />

7.4.6<br />

Runs a business event using one or two<br />

of the ideas or opportunities identified in<br />

a questionnaire that had been designed.<br />

8.4.6<br />

Engages in a business activity that<br />

involves purchasing, production and<br />

marketing (should involve financing of<br />

business with own or borrowed capital -<br />

e.g. bank overdraft).<br />

9.4.6<br />

7.4.7 8.4.7<br />

Differentiates between the forms of<br />

ownership in the informal and formal<br />

sectors (sole proprietor, partnership,<br />

close corporation).<br />

9.4.7<br />

Engages in the business activity planned<br />

and discusses the reasons for choosing a<br />

particular form of ownership.<br />

7.4.8 8.4.8<br />

Evaluates the financial viability of a<br />

business (e.g. start-up costs, production<br />

costs, sales, profit).<br />

9.4.8<br />

7.4.9<br />

Designs posters or other materials to<br />

advertise own business venture.<br />

8.4.9 9.4.9<br />

Conducts a marketing campaign to<br />

promote a product and discusses the<br />

self-selected advertising media.<br />

7.4.10 8.4.10 9.4.10<br />

Researches the role of small, medium<br />

and micro enterprises in wealth and job<br />

creation processes.<br />

<strong>Economic</strong> and <strong>Management</strong> <strong>Sciences</strong> 20

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