Lesson Plan

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Lesson Plan
Grade: Date: 25/02/2026
Subject: Business Studies
Lesson Topic: reasons why businesses succeed or fail, e.g. management skills, availability of finance, suitability of product, demand for products, changes in the economy, level of competition
Learning Objective/s:
  • Identify internal and external factors that affect business success or failure.
  • Explain how management skills, finance, product suitability, demand, economic conditions, and competition influence outcomes.
  • Evaluate real‑world business scenarios to determine which factors contributed to success or failure.
  • Apply a structured analysis to propose strategies for improving business performance.
Materials Needed:
  • Projector and screen
  • Whiteboard and markers
  • Printed handouts of the factor summary table
  • Case‑study worksheets
  • Sticky notes
  • PowerPoint presentation
  • Short video clip on business success stories
 Introduction:

Start with a quick poll: “What makes a business succeed?” Capture students’ prior ideas, then explain that today they will explore both internal and external factors influencing business performance. Success criteria are that students will list, explain, and apply these factors to real cases.
Lesson Structure:
  1. Do‑Now (5’) – Students write three examples of successful businesses and why they think they succeeded.
  2. Mini‑lecture (10’) – Present internal vs. external factors using a slide diagram.
  3. Guided analysis (15’) – In pairs, examine a case‑study worksheet, identify relevant factors, and fill a table.
  4. Whole‑class discussion (10’) – Groups share findings; teacher highlights correct links.
  5. Concept‑mapping activity (10’) – Teams create a flow‑chart on poster paper showing factor relationships.
  6. Check for understanding (5’) – Quick Kahoot quiz on factor definitions.
  7. Summary & reflection (5’) – Students write one actionable strategy they would recommend for a business.
Conclusion:

Recap the six key factors and how they interact to drive success or failure. For the exit ticket, each student writes the single factor they consider most critical and why. Homework: research a local business and analyse which of the discussed factors contributed to its success or failure.