Adding Value Introduction

Post on 14-Jun-2015

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Transcript of Adding Value Introduction

Welcome back year 10

OK so what do you remember from last lesson?

Recap on Classification of Industry

• There are 3 classifications

1.Primary

2.Secondary

3.Tertiary

Write down 1-10

1. Fishing

2. Taxi service

3. Quarrying

4. Car manufacturing

5. Steel Mill

6. Insurance

7. Building (houses)

8. Petrol Station

9. Oil refinery

10. Mobile phone network

Write down the classification of industry against the number on your scrap paper

You can put just a letter to represent the following

P – Primary

S – Secondary

T – Tertiary

OK and just a quick start on

Locality of business (where the business operates)

We split this into 3 areas

Local, National and International

Now list 3 examples for each

Right Now We Will Start!!

Today's topic?

Adding Value

Adding ValueThis is where raw materials or component parts are processed to boost their value when they are sold on.

The adding value process

• From primary sector to consumer.• Every product we buy has been processed in a

way that makes it more valuable to us (the consumer) than it was originally. Even if that is just delivering something, that service adds value, making the product more valuable

• For example…

In pairs think of a product

• Try to identify every stage this product goes through (I want original ideas)

• From primary sector to consumer• Plot out on paper your value added process• And be prepared to present your idea to the rest

of the class

I am setting you homework

• For Thursday I want you to have your added value process made into a poster suitable for our lovely classroom.

• The best will make it to the year 10 wall of glory!!

• I want colour and detail, explain the individual processes and how they add value

Feedback time• I will give you a post-it• Please stick them on the board on

your way out with any comments you have for me

• You do not need to put your name on these

• And if you leave it blank you can put it at the top of the board if you enjoyed the lesson, and the bottom of the board if you did not etc...

• If you find the lessons hard or there are areas you are not clear about please let me know