Management In Living · Year 2 · Week 12

Product Development

Strand

Personal and Family Resource Management.

Sub-strand

Creative Product Development and Entrepreneurship.

Content standard

Demonstrate knowledge, understanding of how to assess the use of personal and family resources in creating and sustaining small businesses

Learning outcome

Evaluate personal and Learners having experienced a Communication and Collaboration skills GESI: family resources for teaching approach that ensures gender Share ideas confidently and effectively with different participants in starting entrepreneurial equality and social inclusion, where they different groups. ventures. work with each other in an inclusive way; Use appropriate language expressions orally and in written form. cross-sharing knowledge and Share views in the decision-making process. understanding among groups and individuals lead them to: Critical Thinking and Problem-Solving skills Respect individuals of different Respecting and tolerating group members’ views in decision making, backgrounds in decision making. making judgements and assessing evidence of problem solving. Embrace diversity and practice Applying decision making process and skills to solve real-life problems. inclusion with regards to decision Use decision-making skills to effectively manage daily life problems. making. Examine and dispel Creativity and Innovation misconceptions/myths about Perform and coordinate different roles in drama activities. gender/age/culture/religion and people with special needs with respect to decision making. Interrogate their stereotypes and biases about decision making

Learning indicator

Explain how budgeting and resource allocation affect business success