Unit 5 Plan
Unit 5 Plan
Unit 5 Plan
Expansion
Learning Outcomes To identify and explain the start-up options for business structures including Organisational options Production Options Finance options Business Plan To identify and explain Internal and External sources of new product ideas To explain the New Product Development Process To define the Marketing Concept and distinguish it from marketing strategies. To explain the types of market research and describe its importance. To distinguish between the different methods of market segmentation To explain, illustrate and evaluate all the elements of the Marketing Mix: Product Price Place Promotion To explain the importance of Business Expansion To identify and evaluate methods of Business Expansion To identify sources of finance for expansion To understand the implications of expansion for various stakeholders To understand the importance of Business expansion for the Irish economy
Learning Methodologies and Resources Teacher instruction Discussion and Brainstorming Evaluation of theory Illustration of theory with real life examples to reinforce learning Group work identification of Key Points Mind maps Peer assessment of Homework Use of Weebly as a Visual Learning Environment: Electronic Notes for note making Presentations YouTube clips Links To relevant websites such as: 1. www.business-startup.ie 2. www.enterprise-ireland.ie 3. www.citizensinformation.ie 4. www.aib.ie/business 5. www.startups.ie 6. www.businesscasestudies.co.uk (4 Ps) 7. www.entrepreneur.com (expansion) 8. www.revenue.ie (expansion schemes) 9. www.enterpriseboards.ie (expansion grants) Links to relevant media such as 1. www.rte.ie 2. www.thejournal.ie 3. www.independent.ie
Homework & Assessment Homework activities may include: Textbook Chapter 14 Exercises Chapter 15 Exercises Chapter 16 Exercises Chapter 17 Exercises Chapter 18 Exercises Other Past Exam Paper Questions Creation of Mind-maps for key points and key steps Oral questioning Case Study analysis Note Making from Weebly Analysis of YouTube Clips Summary of relevant website Summary of media article/news clip Research and evaluate a manager of their choice4e (e.g. Premier League/GAA manager)
Assessment may include: 1. Oral assessment of main points 2. Written assessment in class 3. A.O.L. Assessment 4. Peer assessment of class tests 5. Self-Evaluation of homework