Establishing and Managing a Small Business Enterprise

Curriculum details

Strand

Entrepreneurial Skills (Strand 6)

Sub-strand

Establishing and Managing a Small Business Enterprise (6.2)

Content standard

B8.6.2.1 - Demonstrate understanding of establishing and managing micro and small business enterprises

Indicator

B8.6.2.1.1 - Explain what is meant by Micro, Small and Medium-sized Business Enterprises

Suggested placement

Term 3, Week 12 (Week 36 of the year)

Our suggestion, laid out in curriculum order across three terms of twelve weeks. NaCCA does not fix the week, so follow your school's scheme of learning.

Curriculum reference

Career Technology, Common Core Programme (JHS1-JHS3), 2023, p. 75

Transcribed from the official NaCCA publication. Check this page against the source.

Exemplars (from the NaCCA curriculum)

1. Discuss what is meant by Micro, Small and Medium-sized Business Enterprises in groups.
E.g. - A micro business enterprise is a business with a capital of up to 10,000 Cedis with a work force of 1 to 5 and uses simple technology. - Small business enterprise is a business with a capital of up to 100,000 Cedis with a work force of 6 to 29 and use appropriate technology. - Medium-sized business enterprise is a business with a capital of more than 100,000 Cedis with a work force of 30 plus and uses intermediate technology.
2. Identify any known businesses that fit the criteria of Micro, Small and Medium-sized Business Enterprises.
3. Discuss the steps involved in setting up micro and small business enterprises.
4. List four known businesses in your locality that fits the criteria of a small and medium-sized business enterprise.
5. Look at pictures of various enterprises and classify them under micro, small and medium-sized business enterprise to develop a photo album.
6.Display photo albums for discussion