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GR 7 Market Day Project T3

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0% found this document useful (0 votes)
1K views12 pages

GR 7 Market Day Project T3

Uploaded by

alavivi
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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BILAL COMBINED SCHOOL

ENGLISH
JUNE EXAMINATION
GRADE 7_
TERM 2
EDUCATOR: A. RAVAT MODERATOR: K. KHAN
TIME: 1.5 HOUR DISTRICT: D11
NO. OF PAGES: 8 TOTAL: 60 MARKS

LEARNER'S NAME: DATE:

Section A Market Research 5 marks


Section B SMART Goals 3 marks
Section C SWOT Analysis 12 marks
Section D Budget 10 marks
Section E Capital 12 marks
Section F Advertisement 10 marks
Section G Income & 8 marks
Expenditure
Section H Reflection 6 marks
Section I Market Day 10 marks
Total 60 marks
Assessment Task: Planning a Market day
Section A

In your groups, choose ONE business idea (product or service) that you can do Market
Research on. You can do Market Research by interviewing as many people as possible
in the immediate environment. This can be other learners, teachers, parents, family
members, etc. (5matks)
Design a questionnaire in the space below:
Questions P1 P2 P3 P P5 P6 P7 P P9
4 8
Section B
Goal setting (3 marks): Set 3 simple goals for Entrepreneurs Day on this Worksheet .
Are your goals SMART? Please see the key below and measure each goal against it.

Do: Set Do: Do: Work Do Do: Give


real Make towards a : yourself
numbers sure goal that is Be honest a
with real your challenging with your- deadline
deadlines. goal is but self - you .
trackabl possible. know
Don’t say, e. what you Don’t:
“I want Don’t: Try and your Keep
more Don’t: to take team are pushing
Hide over the capable towards a
behind world in of. goal that
buzzword you might
s like Don’t:
Forget any
hurdles
you may

Goals:

1.

2.

3.
Section C

Take your group’s business as an example and do an honest SWOT-analysis on it. Use the key
below. Your teacher will explain how to do a SWOT (Strengths, Weaknesses,
Opportunities and Threats) analysis on your business idea to find out if your product or
service is viable for starting a small business.
Write down 3 of each. (12 marks)

Business Strengths Business Weaknesses

busin idea

Business Opportunities Business Threats


Section D
Draw up a budget for Entrepreneurs Day. Keep all receipts of moneys spent to do a
final income/ expenditure statement after Entrepreneurs Day. (10 marks)
Item Price per one Total

Grand total

Where are you going to find the funds for the start-up expenses? Will you each share some
capital input? Can you look for sponsors for some of the items? Can you find a bigger
sponsor?
Can you take out a loan from someone and pay it back with interest? (8 marks)

Some ideas for finding capital:


Section E
If you want to sell your product or service at Entrepreneurs Day, you need to get the
crowd excited. In your group, create an advertisement to draw attention to your stall and
product/service. You can use songs, drama, create dances, role-play, etc. Have fun! Plan
it on this page: (6
marks)
Section F
Income and Expenditure Statement: In business, it is very important to keep
tabs on money flowing in and out. In the following space, list all your expenses and
income made on the day. (10
marks)
Income and Expenditure
Statement

Company Name: Date:

Income (Money into the business)


Income – the money received from selling something. To estimate this you will need to think
about how many products/services you will be able to make and sell in a specific period of
time. Price - how much are people willing to pay for your product or service?

Name of product or service Quantity - how Price - how much Total sales
much did you sell? did you sell this (Quantity x Price
for? per item)

Total income

Expenses (Costs - money out of the business)


Costs – the money spent to produce your product or service, these include all the
materials, labour and expenses that are needed to make your product or service.
Research these by visiting local shops and DO NOT GUESS what they are!

Name of item Quantity Cost per item Total cost


(Quantity x Cost
per item)

Total Expenses

Profit

Profit – is the amount of money you make if your income is larger than your costs. It is calculated
very simply as Income minus Costs

Total income - Total Expenses = Profi


t
Section G
Reflection: Well done! You have actually organised an Entrepreneurs Day and sold
some products or services to the rest of the school. It is important to always take
some time after a big project to reflect on your thoughts. Please think about and
answer the questions below: (6 marks)

I have learned that I can be an entrepreneur because…

I enjoyed doing….

I really struggled with…

I think we were successful/unsuccessful because…

I am very proud of…

If I could change anything, I would….


Section H
Name of learner / Group: Grade 7: Assessed by: Date:
Group Activity - Instruction to learners: This rubric is used to assess every aspect of the
planning, market research, product or service, budget, cost calculations, advertising, setting
up of stall, team work, selling on market day, income and expenditure statement (profit/
loss) of learners.

ASSESSMENT NOT ACHIEVED PARTIALLY ACHIEVED ACHIEVED OUTSTANDING LEARNER’S


CRITERIA (0 - 1) (2) (3) ACHIEVEMENT (4 - 5) MARK
Planning of None. (0) Some attention A fair amount of Considerable
stall: Little attention paid to layout, attention paid to amount of
· Layout paid to layout, appearance and layout, access and attention paid to
· Appearance access and accessibility. (2) appearance. (3) layout, appearance
· Accessibility appearance. (1) and accessibility. (4
– 5)
Selling of Goods/services sold Some of the Most of the All goods/services
goods/ were not popular at goods/services were goods/services fully utilised.
services all. (0 – 1) sold, but not all. (2) utilised to a great (4) Very popular. (5)
extent. (3)

TOTAL

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