Lesson Notes By Weeks and Term - Senior Secondary School 1

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  4. Types of marketing II

Term: 2nd Term

Week: 4

Class: Senior Secondary School 1

Age: 15 years

Duration: 40 minutes of 2 periods each

Date:       

Subject:      Marketing

Topic:-       Types of Market II

SPECIFIC OBJECTIVES: At the end of the lesson, pupils should be able to

  1. List and explain the types of market

INSTRUCTIONAL TECHNIQUES: Identification, explanation, questions and answers, demonstration, videos from source

INSTRUCTIONAL MATERIALS: Videos, loud speaker, textbook, pictures,

INSTRUCTIONAL PROCEDURES

PERIOD 1-2

PRESENTATION

TEACHER’S ACTIVITY

STUDENT’S ACTIVITY

STEP 1

INTRODUCTION

The teacher reviews the previous lesson on the types of market

Students pay attention

STEP 2

EXPLANATION

She discusses industrial and black markets

Students pay attention and participates

STEP 3

DEMONSTRATION

She discusses market for intermediate goods and financial markets

Students pay attention and participate

STEP 4

NOTE TAKING

The teacher writes a summarized note on the board

The students copy the note in their books

 

NOTE

TYPES OF MARKETS

  1. Industrial Markets. The industrial market involves business to business

sales of goods and services. These marketers do not target consumer

markets. Some examples of the industrial market include

  • Finish goods like office furniture,
  • Selling raw materials for businesses i.e. gasses and chemicals
  • Offering services to businesses2business for example security agencies, auditing and legal services etc.

 

  1. Black Market. Just like black money, black market deals in illegal drugs

and weapons.

 

  1. Market for Intermediate Goods. These markets dealing in selling raw

materials that need further processing to produce finish goods.

 

  1. Financial Market. This is a broad market known as a financial market.

This is a place for dealing with liquid assets for example shares, bonds etc.

 

EVALUATION:    1. Explain

  1. industrial market
  2. black market
  3. market for intermediate goods
  4. financial market

CLASSWORK: As in evaluation

CONCLUSION: The teacher commends the students positively