**Lesson Plan for Store Keeping: Idea Generation and Incubation Feasibility Studies**
**Grade Level:** Senior Secondary 3
**Duration:** 60 minutes
**Subject:** Store Keeping
**Topic:** Idea Generation and Incubation Feasibility Studies
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### Objectives:
By the end of the lesson, students will be able to:
1. Understand the concept of idea generation and its importance in store keeping.
2. Learn the processes involved in generating and evaluating ideas.
3. Comprehend the role of feasibility studies in incubating ideas.
4. Apply basic feasibility analysis to a given store keeping idea.
### Materials:
1. Whiteboard and markers
2. PowerPoint presentation slides
3. Handouts with key concepts and examples
4. Index cards/paper for brainstorming activity
5. Internet-enabled devices for research (computer lab or individual devices)
6. Projector and screen
### Lesson Outline:
#### Introduction (10 minutes)
1. **Greeting and Setup:** Welcome students and settle them down.
2. **Hook:** Start with a short story or video about a successful business that originated from a simple idea (e.g., the story of how Amazon started as an online bookstore).
3. **Objective Sharing:** Explain the lesson objectives and what students will learn by the end of the session.
#### Instructional Steps:
##### Step 1: Idea Generation (20 minutes)
1. **Definition:** Explain what idea generation is and its significance in the context of store keeping.
2. **Techniques:** Introduce different techniques for idea generation such as brainstorming, mind mapping, and SCAMPER (Substitute, Combine, Adapt, Modify, Put to another use, Eliminate, and Reverse).
3. **Activity:** Divide students into small groups and give them a common store keeping problem to brainstorm solutions. Each group will list their ideas on index cards.
4. **Discussion:** Bring groups together to share their best ideas. Discuss the merits and potential challenges of each.
##### Step 2: Incubation and Feasibility Studies (20 minutes)
1. **Incubation:** Define incubation in relation to nurturing and developing an idea into a viable business or project.
2. **Feasibility Studies:** Explain the concept of feasibility studies and its importance in determining whether an idea should be pursued. Cover key elements including market analysis, financial feasibility, and operational feasibility.
3. **Activity:** Provide a hypothetical store keeping idea (e.g., opening a new store section for organic products). Assign students to perform a mini feasibility study using provided guidelines:
- Market Analysis: Who are the potential customers? What is the demand like?
- Financial Feasibility: What are the projected costs and revenues?
- Operational Feasibility: What resources are required? How will it be implemented?
##### Step 3: Application and Reflection (10 minutes)
1. **Presentation:** Ask a few groups to present their feasibility study results. Encourage peer evaluation and feedback.
2. **Lesson Recap:** Summarize key points discussed in the lesson about idea generation, incubation, and feasibility studies.
3. **Q&A Session:** Open the floor for any questions or clarifications.
### Conclusion (5 minutes)
1. **Real-World Application:** Relate the lesson to real-world scenarios in store keeping and the importance of good idea generation and thorough feasibility studies.
2. **Assignment:** Assign students to come up with an idea related to store keeping and write a short feasibility study report to present in the next class.
3. **Closing Remarks:** Thank students for their participation and remind them of the importance of innovative thinking and careful planning in any business venture.
### Assessment:
1. Participation in group activities and discussions.
2. Quality of ideas generated during brainstorming.
3. Completeness and accuracy of the mini feasibility study.
4. Engagement in the Q&A session and ability to reflect on the lesson content.
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**Note:** Tailor the lesson plan as per the specific needs and dynamics of the classroom. Consider using technology and multimedia tools to make the session more interactive and engaging.