Business plan grade 9 term 3 project answers
business plan grade 9 term 3 project answers
What are the answers to the business plan grade 9 term 3 project?
Answer: Creating a business plan is a fundamental exercise that helps students understand the intricacies of starting and managing a business. For a Grade 9 term 3 project, a typical business plan would cover various sections that include an executive summary, business description, market analysis, organizational structure, product line or service, marketing and sales strategy, and financial projections.
Below is a detailed framework to guide you step-by-step in developing answers for a business plan project.
Solution By Steps:
Executive Summary :
- Explanation : The executive summary provides a concise overview of the business plan. It should include the business name, location, the products or services you offer, and a brief introduction to your mission and vision.
- Example : Business Name: Eco-Friendly Crafts Location: Cape Town, South Africa Mission: To produce eco-friendly, handmade crafts that promote sustainability and artistry. Vision: To become the leading provider of eco-friendly crafts in the local market.
Business Description :
- Explanation : This section should describe what the business does and what it hopes to achieve. Include details about the business’s goals, target customers, and the unique value proposition.
- Example : Eco-Friendly Crafts is a startup that focuses on creating handmade crafts using recyclable materials. Our goal is to combine art with sustainability, catering to environmentally-conscious customers. We aim to reduce waste and promote a green lifestyle through art.
Market Analysis :
- Explanation : Conduct a thorough market analysis to understand your industry, target market, and competitors. Discuss market trends, customer demographics, and the needs of your target audience.
- Example : Industry: Handmade and eco-friendly products market. Target Market: Adults aged 25-45, primarily women, who are environmentally-conscious and appreciate handmade crafts. Competitors: Other local craft makers, online eco-friendly product stores. Market Trends: Increasing demand for sustainable and eco-friendly products, rising trend in supporting local artisans.
Organizational Structure :
- Explanation : Define the hierarchy of your company. List the key members of the team and describe their roles and responsibilities.
- Example : Owner: Jane Smith – Responsible for overall business management, product development, and marketing. Artisans: Two part-time employees who craft the products. Sales/Marketing Assistant: John Doe – Handles social media marketing and customer interactions.
Product Line or Services :
- Explanation : Describe the products or services your business will provide. Explain how your products are made, the materials used, and why they are unique.
- Example : Products: Eco-friendly home decor items, including wall hangings, photo frames, and decorative jars. Materials: Recycled paper, glass bottles, scrap fabric, and organic paints. Unique Value Proposition: Each product is handmade and uses 100% recyclable materials, making them both unique and environmentally friendly.
Marketing and Sales Strategy :
- Explanation : Outline your plan for attracting and retaining customers. Include details about your marketing channels, pricing strategy, and sales tactics.
- Example : Marketing Channels: Social media platforms (Instagram, Facebook), local craft markets, and partnerships with eco-friendly shops. Pricing Strategy: Competitive pricing with a focus on the unique, handmade nature of the products. Sales Tactics: Direct sales through social media, participation in local markets, and offering promotions during holiday seasons.
Financial Projections :
- Explanation : Provide an overview of your financial plans. Include startup costs, revenue projections, and a break-even analysis.
- Example : Startup Costs: $1,000 for materials, tools, and marketing expenses. Revenue Projections: Expected to generate $500 per month in the first year, with a projected increase of 20% annually. Break-Even Analysis: Expected to break even within six months from the start of operations.
Final Answer: The detailed sections above provide comprehensive answers to a Grade 9 term 3 business plan project. Ensure that each section is thoroughly researched and tailored to the specifics of your hypothetical or actual business idea. This structured approach will help you understand the fundamentals of business planning and prepare you for real-world applications in the future.
COMMENTS
This project provides a practical, hands-on experience in entrepreneurship, preparing students for future challenges in business by encouraging critical thinking, problem-solving, and effective communication skills.. Project Answers. Download Business Plan Grade 9 Term 3 Project Answers Guide in a pdf format below:
goals. A business plan lays out a written roadmap for the firm from marketing, financial, and operational standpoints. investopedia. shutterstock 1. SCHOOL SUBJECT ECONOMIC AND MANAGEMENT SCIENCES GRADE 9 DATE TERM 3 TASK 4 FORM OF ASSESSMENT PROJECT: BUSINESS PLAN (This is an INDIVIDUAL project) TOTAL 50 MARKS EXAMINER MODERATOR This ...
The document provides instructions and guidelines for a Grade 9 term 3 business project. Students are asked to [1] write a short introductory paragraph about their business idea, [2] create a cover page and index for their business plan, [3] describe their business and goals, [4] provide a marketing plan including an advertisement design, [5] do a SWOT analysis and financial plan, and [6 ...
EMS Assessment for Term Three Grade 9 1 Assessment Task for Term Three Project: Developing a business plan and budget Due date 31st August 2023 Develop a business plan based on the product or service you chose to produce. Study the business plan format below and do the exercises that follow. Look at the teacher assessment rubrics to see how you ...
Explanation. Worksheet 3 in the EMS Grade 9 Workbook is focused on conducting market research on a chosen business idea from Worksheet 2 using a questionnaire. Question. What analysis method is used in Worksheet 4 of the EMS Grade 9 Workbook to determine the feasibility of a business idea? A Financial Projection.
Final Answer: The detailed sections above provide comprehensive answers to a Grade 9 term 3 business plan project. Ensure that each section is thoroughly researched and tailored to the specifics of your hypothetical or actual business idea. This structured approach will help you understand the fundamentals of business planning and prepare you ...
Grade 9 Ems Term 3 Manual 2024(11) - Free download as PDF File (.pdf), Text File (.txt) or read online for free.
Project: Developing a business plan and budget (Group activity) (LO4 AS2) Develop a business plan based on the product or service you chose to produce. Study the business plan format below and do the exercises that follow. Look at the teacher assessment rubrics to see how you will be assessed. Format of business plan Cover sheet
ECONOMIC AND MANAGEMENT SCIENCES: GRADE 9 TERM 3 PROJECT: 50 MARKS MARKING GUIDELINES BUSINESS PLAN A business plan is a document in which a business opportunity, or a business that is already underway is described and analysed. The business technical, economic and financial feasibility is examined.
2021 Gr. 9 Ems Term 3 Project - Free download as PDF File (.pdf), Text File (.txt) or read online for free. ems term 3 grade 9 project
GRADE 9 DATE TERM 3 TASK 4 FORM OF ASSESSMENT PROJECT: BUSINESS PLAN (This is an INDIVIDUAL project) TOTAL 50 MARKS EXAMINER MODERATOR This assessment template consists of 11 pages Name and Surname of Learner: Class: Marks achieved: / 50 Feedback to learner: Business Plan 1. COVERPAGE 2. CONTENTS PAGE Contents Page Num ber Executive summary The ...
managementH. This function is responsible for the labour matters i. th. business.2. Name the EIGHT busi. ss. un. tions. (8)3. Name the THREE levels of management and the type of decision made. y e. ch. level. (6)4. Read the case study and then answer the questio.
Interview questions. On this worksheet, you can write all the interview ques ons for your interview with an entrepreneur or business owner with regards to intrapreneurship. Your class will be divided into two groups: Group 1 will do research on entrepreneurship and Group 2 will research intrapreneurship. QUESTIONS TO ENTREPRENEUR.
Gr 9 Term Project 2021. Decide on a business that you would like to start and draw up a Business Plan for this business on the following template. Make sure you fill in all the necessary information. Remember you will need this business plan to obtain loans and investors for your business. Although there is much more to a business plan than ...
Valley-fold point Q and point R forwards so that they meet approximately 1.5 cm from the center 4 line XY. Mountain-fold the en re boat along line XY. Pick up the boat and ently pull the sides out. 5. Insert your thumbs between the inner pockets formed by XY and gently turn the en re boat inside out.
See also Business Plan Grade 9 Term 3 Project Answers Guide. As we know, economic development is defined as an increase in the standard of living in a country over a specific period. But what does that have to do with trade unions? With this question in mind, elaborate on the contribution trade unions make towards sustainable growth and ...
Here are three reasons why intrapreneurship is important to long-term business success. 1. Employee engagement. In Gallup's 2016 Meta-Analysis Report, the results showed that employee engagement consistently affects key performance outcomes like company profitability, regardless of the company's industry.
Grade 9_EMS_Business plan project_Question_Paper - Free download as Word Doc (.doc / .docx), PDF File (.pdf), Text File (.txt) or read online for free.
Note: Any other relevant name must be accepted. 2. Name of the business owner. Mokgadi Mogale . 3. Form of ownership. 4 marks. Sole trader. . Note: -This is just a guideline be subjective when marking section 4-7 because learners might give different but relevant answers.
GRADE 9 TERM 3 PROJECT RUBRIC. ENTREPRENEURSHIP: FUNCTIONS OF A BUSINESS. Requisite pre-knowledge The different kind of business func ons, administra on, purchasing, marke ng, financing, public rela ons, human resources, produc on, general management, risk management Role and importance of business func ons.
This document outlines a grade 9 term 3 project on entrepreneurship and small business management (E.M.S). The project consists of developing a business plan for a hypothetical business with several required sections. It will be assessed out of 50 total marks. The sections include a cover page (8 marks), index page (5 marks), description of business (7 marks), marketing plan including ...