JHS2 Career Technology · Term 3, Week 12
Establishing and Managing a Small Business Enterprise
Lesson notes
Learning Objectives
Indicator: B8.6.2.1.1 - Explain what is meant by Micro, Small and Medium-sized Business Enterprises
By the end of the lesson, learners can:
- Define micro, small and medium-sized business enterprises using the criteria of capital, workforce and technology.
- Distinguish between micro, small and medium-sized enterprises using specific numerical thresholds.
- Classify businesses found in their locality into micro, small or medium-sized categories with justification.
- Explain at least three steps involved in setting up a micro or small business enterprise.
- Create a simple classification chart or photo display showing examples of each enterprise category.
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Sign in with phone numberCurriculum 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