Lesson Notes By Weeks and Term - Senior Secondary School 3

Browse through topics for Senior Secondary 3 1st, 2nd and 3rd Terms, All Weeks, All Subjects

  1. Home
  2. Lesson Notes By Weeks and Term v2 Classes
  3. Senior Secondary 3
  4. Organizing for international market III

Term: 1st Term

Week: 8

Class: Senior Secondary School 3

Age: 17 years

Duration: 40 minutes of 2 periods each

Date:       

Subject:      Marketing

Topic:-       Organizing for International marketing III

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

  1. List some major international trade organizations
  2. Discuss the WTO-World Trade Organization and its functions

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 international marketing

Students pay attention

STEP 2

EXPLANATION

She lists some major international trade organizations

Students pay attention and participates

STEP 3

DEMONSTRATION

She discusses the WTO-World Trade Organization and its functions

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

SOME MAJOR TRADE ORGANIZATIONS

 (i) AFTA – (Asian Free Trade Association)

(ii) ASEAN – (Association of Southeast Asian Nations)

(iii) APEC – (Asia-Pacific Economic Co-Operation)

(iv) EU – (European Union)

(v) NAFTA – (North American Free Trade Agreement)

(vi) OPEC – (Organisation of Petroleum Exporting Countries)

(vii) SAARC – (South Asian Association for Regional Co­operation)

 

WTO and International Interventions:

WTO is one of the most influential international bodies that affect international marketing mix. World Trade Organisation and its enforcement arm, the world court has been established to rule on International trade dispute. The companies or those countries involved in unfair trading practices can be brought before the court and the decision of the court is ruled strictly.

It is pertinent to mention here that every country cannot be a member of world trade organizations. There are certain guidelines and conditions which must be satisfied prior to the membership. The main objective of the organization is the eventual removal of all export/import tariffs among member countries. The members and their companies must comply with Generally Accepted Accountancy Principles as laid down by the world trade organization.

 

EVALUATION:    1. Give some examples of major trade organizations

  1. Discuss the WTO and its functions

CLASSWORK: As in evaluation

CONCLUSION: The teacher commends the students positively