GRADE 10 BUSINESS STUDIES NOTES TERM 1 2 3

GRADE 10 BUSINESS STUDIES NOTES TERM 1 2 3

GRADE 10 BUSINESS STUDIES NOTES TERM 1 2 3

Enhance your knowledge with GRADE 10 BUSINESS STUDIES NOTES for Term 1, 2, and 3. Our comprehensive notes cover all essential topics for students. Perfect resource teachers and students.

SUMMARY OF STRANDS AND SUB STRANDS
1.0 Business and Money Management
1.1 Money
1.2 Business Goals
1.3 Budgeting in Business
1.4 Banking
2.0 Business and Its Environment
2.1 Business Activities
2.2 Types of Business Ownership
2.3 Social Responsibility of Business
2.4 Entrepreneurship
2.5 Production
2.6 Consumer Satisfaction
3.0 Government and Global Influence
3.1 Public Finance In Business
3.2 International Trade
4.0 Financial Records In Business
4.1 Business Transactions
4.2 Effects of Business Transactions
4.3 Source documents and Journals

 

STRAND 1.0: BUSINESS AND MONEY MANAGEMENT

This strand introduces you to the fundamental concepts of business and money management,
focusing on the role of money in facilitating economic activities and the importance
of ethical practices in its use.

Sub-Strand 1.1: Money

(a) Identifying the Key Features of the Kenyan Currency

The Kenyan Shilling (KES) is the official currency of Kenya.
Understanding its features is crucial for recognizing authenticity
and preventing counterfeiting.

Key Features of the Kenyan Currency (Banknotes and Coins):

    • Denominations:
      • Banknotes: 50, 100, 200, 500, and 1000 shillings.
      • Coins: 1, 5, 10, 20, and 40 shillings.
        (Older, smaller denominations may still exist but are less common.)
    • Security Features (Banknotes):
      Designed to prevent forgery and ensure authenticity.

Key Security Features:

    • Watermark: A translucent image visible when held against light.
    • Security Thread: A line running through the note, sometimes color-shifting or glowing under UV light.
    • See-through Register: Front and back images align to form a complete picture when held to light.
    • Tactile Marks: Raised print to help visually impaired individuals identify denominations.
    • Fluorescent Ink: Glows under ultraviolet (UV) light.
    • Microprinting: Tiny text that is difficult to replicate.
    • Holographic Stripe/Patch: Shiny reflective sections that change color or image when tilted.
    • Serial Numbers: Unique numbers printed on each banknote.