Quiz Topics
2.1 ENTREPRENEURSHIP
Specific Competence: Students will be able to create business ideas, prepare a business plan, use ways to get money for businesses, follow good business ethics, and apply safety steps to stop fraud. Learning Activities: Students discuss business ideas and where they come from (like from themselves, family, or books). They check ideas using SWOT analysis (Strengths, Weaknesses, Opportunities, Threats). They prepare a business plan, including its parts (like a summary, marketing, money plans). They explore ways to get money for businesses (like leasing, saving, loans) and use suitable ones. They describe good business ethics (like being honest, fair) and discuss what happens if businesses are not ethical (like losing customers, going to jail). They explain fraud, investigate common fraud areas (like online shopping scams, ATM fraud, phone scams), and learn to spot fraud. They describe different types of fraud (like hacking), discuss its bad effects (like losing money), and identify places to report fraud (like ZICTA, Police). They apply safety steps (like two-step verification, updating PINs). Expected Standard: A business idea is successfully created. A business plan is prepared correctly. Ways of getting money for businesses are used properly. Good business ethics are followed. Safety steps to stop fraud are used.
2.1.5 WAGES AND SALARIES
Specific Competence: Students will be able to show knowledge of calculating wages and salaries. Learning Activities: Students explain what wages and salaries are. They state how to calculate them. They prepare time cards. They understand a pay slip (total pay, basic pay, take-home pay, money taken out for taxes or other reasons). They prepare wage sheets. Expected Standard: Knowledge of calculating wages and salaries is shown correctly.
2.1.6 PERSONAL FINANCIAL MANAGEMENT
Specific Competence: Students will be able to apply knowledge of personal financial management, practice different methods of saving, use different methods of investment, prepare a budget, practice ways of managing debt, and apply money risk management strategies. Learning Activities: Students explain personal financial management (like saving money, investing money, making a budget, borrowing money, managing risks) and why it is important. They explain why saving is important and discuss ways to save (like a bank account, traditional methods, mobile money). They practice suitable saving methods. They explain what investment is, find out about investment methods (like buying shares, bonds, starting a business), and discuss why investing is important. They tell the difference between saving and investing. They explain what budgeting is, describe types of budgets (for individuals, homes, businesses, the country), and look at why people make budgets. They prepare budgets (for themselves, their home, a business). They explain borrowing money, discuss why people borrow, and understand and talk about the rules for borrowing. They discuss the dangers of borrowing too much and explain ways to manage debt (like making a payment plan, creating a budget). They show how to manage debt. They explain money risk management and why it is important. They research strategies (like insurance, collateral, spreading investments, emergency money, having a guarantor) and learn about social security schemes (like NAPSA, PSPF, Workers Compensation, NHIMA). They apply these risk management strategies. Expected Standard: Knowledge of personal financial management is applied. Different saving methods are practiced. Different investment methods are used successfully. A personal budget is prepared correctly. Ways of managing debt are practiced. Financial risk management strategies are applied.
2.2 BUYING AND SELLING ON CREDIT
Specific Competence: Students will be able to use suitable methods of buying and selling on credit. Learning Activities: Students explain credit transactions (buying now, paying later). They look at different methods (like hire purchase, deferred payments, lay-bye, credit cards, informal credit). They practice these methods of buying and selling on credit. Expected Standard: Methods are used correctly.
2.3 INTERNATIONAL TRADE
Specific Competence: Students will be able to show knowledge of conducting business between countries. Learning Activities: Students explain international trade (buying and selling between countries). They describe why it is important. They explore challenges (like language, distance, changing money). They research documents used (like indent, bill of lading, bill of exchange). They investigate ways to pay (like bank draft, electronic transfer, documentary credits). They tell the difference between balance of trade (goods) and balance of payment (all money in/out). They discuss ways to fix an unbalanced trade or payment. Expected Standard: Knowledge of international trade is shown appropriately.
2.4 ZAMBIA REVENUE AUTHORITY (ZRA) AND TAX COMPLIANCE
Specific Competence: Students will be able to show knowledge on following tax rules. Learning Activities: Students explain what the ZRA does. They take part in tax compliance activities (following tax rules). Expected Standard: Knowledge on following tax rules is shown appropriately.
2.5 ONLINE BUSINESS (E-COMMERCE)
Specific Competence: Students will be able to practice E-Commerce. Learning Activities: Students describe E-Commerce (doing business online, like online shops, online payments, digital marketing). They explore its features (like digital platforms, online stores, payment systems, the internet). They look at the good and bad points. They practice E-Commerce activities. Expected Standard: E-Commerce is practiced correctly.
2.6 CONSUMER PROTECTION
Specific Competence: Students will be able to show ways of protecting consumers from unfair practices. Learning Activities: Students describe why consumers need protection (to avoid being cheated, to protect their health). They understand unfair practices (like goods weighing less than stated, charging too much, misleading discounts, expired goods). They investigate ways to protect consumers (like speaking up, teaching others, reporting problems, laws, rules). They identify organisations that protect consumers (like Zambia Bureau of Standards, CCPC, Government). They practice consumer protection methods. Expected Standard: Consumer protection is shown successfully.