Section outline

  • Kia ora class,

    This week we start our focus for the remainder of the term - Business Planning. Throughout this module we will be guided by a Māori concept of planning for achievement. The following whakatāuki

    speaks to the importance of having a ‘plan of attack’; it could be used to guide conversation or lead a discussion in the planning of an event or community initiative (or a small business).

    "Tē tōia, tē haumatia" Nothing can be achieved without a plan, workforce and a way of doing things.

     

    Learning Intentions/ Mo te ako 

    • Apply product costing formula.
    • Calculate Market Day product prices.
    • Understand the importance of business planning and business objectives. 
    Success Criteria

    • Apply product pricing formula to determine product prices.
    • Produce a list of retail price for Market Day products.
    • Write smart objectives for planning for a the small business you have already created to participate in the market day.

    Learning Activities

    Note: All the activities are set up on your Google Classroom.

    Monday 29 August

    • Do now starter activity - finalise working on your surveys ask me questions then talk with Mrs. Selegan. [15 mins]
    • Product pricing - introduction to product pricing strategies [infographic, video, and formula card, 25]
    • Product pricing - using the cost based pricing formula or the other pricing strategies start calculating your product retail (sell) price and create a list of product prices. [15 mins]


    Wednesday 31 August

    • Do now starter activity - carry on with your price list [5 mins]
    • Why business planning? Finding common understanding [Poll, 10 mins]
    • Revise why business planning [infographic, 5 mins]
    • Introduce business plan template [5 mins]
    • Why plan objectives? Introduction to smart objectives [infographic, 15]
    • Concluding activity and homework - write 2 SMART objectives for your market day plan [15 mins].

    Resources

    Two links below in addition to the attached resource files.