Lesson Notes By Weeks and Term - Senior Secondary 1

Introduction to entrepreneurship

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TERM – 3RD TERM

WEEK TEN

Class: Senior Secondary School 1

Age: 15 years

Duration: 40 minutes of 5 periods each

Date:

Subject: STORE KEEPING

Topic: INTRODUCTION TO ENTREPRENEURSHIP

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

I.) Describe the meaning of entrepreneurship                    

II.) Discuss the needs for entrepreneurship

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 explains the meaning of entrepreneurship to the students

Students as a class identify business men and women in their environment                                                                                                                            

STEP 2

EXPLANATION

Teacher discusses the need for entrepreneurship.

Students in pairs discuss being an entrepreneur

STEP 3

NOTE TAKING

The teacher writes a summarized

note on the board

The students

copy the note in

their books

 

NOTE

INTRODUCTION TO ENTREPRENEURSHIP

Entrepreneurship is the process of identifying opportunities, taking calculated risks, and organizing resources to create and manage a business venture with the aim of achieving profit and growth. Entrepreneurs are individuals who possess vision, creativity, and initiative, and they are willing to innovate, take risks, and pursue opportunities in the pursuit of creating value.

Needs for Entrepreneurship

  1. Entrepreneurship drives innovation by introducing new products, services, technologies, or business models that address unmet needs or create value in new ways. It fosters creativity and encourages individuals to think outside the box to develop innovative solutions.
  2. Entrepreneurship plays a crucial role in driving economic growth and creating jobs by fostering the creation of new businesses and industries. Entrepreneurs create employment opportunities, generate income, and contribute to the overall prosperity of society.
  3. Entrepreneurship promotes market competition by introducing new competitors, products, and ideas, which stimulates innovation, lowers prices, and improves quality.
  4. Entrepreneurship can address pressing societal challenges, such as poverty, inequality, environmental sustainability, and healthcare, by developing innovative solutions and business models that create social value alongside economic value.
  5. Entrepreneurship creates wealth and prosperity by identifying and exploiting opportunities to generate profits and increase the value of resources.
  6. Entrepreneurship offers individuals the freedom and flexibility to pursue their passions, interests, and ideas, allowing them to adapt to changing market conditions, consumer preferences, and technological advancements.
  7. Entrepreneurship involves taking calculated risks and overcoming challenges and setbacks to achieve success. It requires resilience, perseverance, and a willingness to learn from failure and adapt to changing circumstances.
  8. Entrepreneurship fosters inclusivity and diversity by providing opportunities for individuals from diverse backgrounds, cultures, and perspectives to participate in economic activities and contribute to innovation and growth.
  9. Entrepreneurship has the potential to have both local and global impact by creating jobs, driving economic development, and addressing global challenges.

EVALUATION: 1. What is entrepreneurship

  1. Identify 5 importance of entrepreneurship.

CLASSWORK: As in evaluation

CONCLUSION: The teacher commends the students positively