LESSON TEMPLATE

1. Online Lesson Template
Name of the Teacher : LincyJohn
Name of the School : SVMMHSS VENDAR
Subject : BusinessStudies
Unit : Nature and Purpose of Business
Topic : BusinessRisk :- meaningandcausesof businessrisk
Standard : XI
Strength :
Average age :16 yrs
Duration : 45 mts
Date :
Content outline
Content analysis
Terms
Facts
BusinessRisk:- MeaningandCauses
Adverse effects ,unforeseenevents,unexpectedevents,unpredictablenature ,mismanagement.
 Businessrisksrefers topossibilityof loss.
 It had adverse effectsonbusinessall overthe world.
 Certainunforeseeneventslike heavyrain,famine ,earthquake ,fire ,drought,etc. are
beyondthe control of humanbeings.
 Unexpectedeventsliketheft,strike ,lockout,negligence andcarelessness,riots,etc. are
instance of humancauses.

2. Concepts
CurricularObjectives
Pre -Requisites
 Unpredictable nature of the economylikechange indemandandprice,marketconditions,
competition,trade depression,etc.are the economiccausesof risk.
 Changesingovernmentpoliciesregardingexportimporttrade ,taxation,etc.are the
instances of political causeswhichmayalsoreduce the profitsof businessenterprises.
 Poorplanning , absence of researchanddevelopmentactivities,mismanagement,etc.are
instances of managerial causesof businessrisk.
MEANING:-The term “business risks” refers” to the possibility of inadequate profits
or even losses due to uncertainties or unexpected events “
To generate anideaaboutthe meaning of BusinessRisksandto analyse the causesof Business
Risksand itscausesthroughbrain storming,role play,andgeneral discussion
Studentsshouldhave an ideaaboutthe businessandits objectives
Causes of
business
risks
Natural
causes
Other
causes
Human
causes
Economic
causes

3. Teachinglearningresources
Teachinglearning strategies
References
- Usual classroomaidslike chalk,board,etc
- Hand out
- Graphic organizers
- General Discussion
- Group Discussion
- Brainstorming
K.G.CNair Plusone BusinessStudies–Chandpublications
D.C Bose Plusone BusinessStudies- DivyaPublications
Plusone businessstudiesT.B(SCERT)
Classroom Interaction Procedure Responses/feedback
Phase –I Introductory Phase
Activity-1 (General Discussion)
Afterthe routine classroompractice teacheraskedcertainquestionsto checkthe previousknowledge
of students.
 What are the type of economicactivities?
 Explainthe objectiveof business?
 What are the featuresof business?
 Why doall the people donot prefertodo business?
All students are motivated and
interacted with questions

4. From the above discussionthe studentandteacherreachedthe topic BUSINESSRISKS
Phase – II Developmental Phase
Activity–1 (Brainstorming)
Do youheard aboutterrorist?
Do yourememberthe incident of terroristattackonworldtrade centre?
Thenthe teacherand studentreachedthe meaningof BusinessRisks.
Concepts to be consolidated
The term“businessrisks”refers “Tothe possibilityof inadequate profitsorevenlosses due to
uncertaintiesorunexpectedevents“
Activity–II (Brainstormingandgroup discussion)
Teacherdividesthe classinto4groups , distributes the handoutto each groupand scaffold each
groupto complete the taskwithinthe stipulatedtime.
Group -1
Hand out 1
A famoustoycompanyin Japanoccurreda huge loss.The companysufferedfromTsunami andthis
results inheavylossof life ,propertyandincome inbusiness.
All are motivated to specially process
the concept

5. DiscussionQuestions:
 What happenedtotoycompanyin Japan?
 Didthiscompany sufferedanyloss?
Group – 2
Hand out 2
Somuwas a well-knownbusinessman.He wasearningahuge profitfromhis business.He hada
private secretary.All the activitiesof abusinessare knownbyhissecretary.One day hissecretary
cheated and disclose all the secretof hisbusiness. Thenhisbusinessfailstogetprofit.
DiscussionQuestions
 Doessomuhas a private secretary?
 Didhe earnedanyprofitfromhisbusiness?
 What happenedtohisbusiness?
Group – 3
Hand out 3
Meera andKrishnaare goodretailers.Meera sellsherproductbygivingoffers.Buyone brushand
gettwo free.Butkrishanasoldher products at decreasedprice.
DiscussionQuestions
 Who are the retailers?
 Who sellsthe productat decreasedprice?
 Who sellsthe productat increaseddemand?

6. Group – 4
Hand out 4
There wasan engineerMerin Issac.She wasworkingina powerhouse.Butone day a mechanical
failure occurredin a powerhouse andshe diedinan accident.
DiscussionQuestions
 Who wasan engineer?
 What happenedinapowerhouse?
 What was the failure?
From the above discussionstudentsandteacherreachedthe topic“causesof BusinessRisk”.
Concepts to be consolidated
1- Natural Causes
Human beings have little control overnatural calamitieslikeflood,earthquake,tsunami,
famine,etc.these resultinheavylossof life ,propertyandincome inbusiness.
2- Human causes
Human causesinclude suchunexpectedeventslike dishonesty,carelessnessornegligence
of employees,strikes,riots,inefficient,management.
3- Economic Causes
These include uncertaintiesrelatingtodemandforgoods,changesinprice ,change of
technologyorproductionetc.
4- Other Causes
There are unforeseeneventslike political uncertainty,mechanical failure ,suchas the
burstingof boiler,etc.whichleadsto the possibilityof businessrisks.
Students are eagerly motivated and
properlyestablishrelationshipbetween
prior learning with new knowledge
All are motivatedtospeciallyprocess
the concept

7. Phase – III ConcludingPhase
Activity -1(Graphic organizer)
Teacherpresentsgraphicorganizeronthe boardand materialsthe leanerstorecall the causesof
BusinessRisks.
Reviewquestions
 What do youmeantby businessrisks?
 What are the causesof businessrisks?
 Give twoexample of humancausesof businessrisks.
 Give twoexample of economiccausesof businessrisks.
Followupactivity
Collectsome picturesrelatedtothe causesof businessrisks.
Causes of
business
risks