Lesson Note for Week Eight
Subject: Business Studies
Class: JSS 1 (Age 12)
Week of the First Term: Week 8
Topic: Truthfulness in Business
Instructional Objectives
By the end of the lesson, pupils should be able to:
- Define truthfulness.
- Identify the attributes of truthfulness.
- Discuss the factors that cause people to lie in business.
- Explain the rewards of being truthful in business.
- Discuss the consequences of dishonesty in business.
Entry Behaviour
Pupils are already aware of basic moral concepts like honesty and dishonesty from previous lessons.
Instructional Materials
- Business Studies textbooks.
- Case studies of truthfulness and dishonesty in business scenarios.
- Charts showing the rewards of truthfulness and the consequences of dishonesty.
Reference Materials
- Odeleye, S. (2023). Business Studies for Junior Secondary Schools. Ibadan: Alaba Press.
Content
Meaning of Truthfulness
Truthfulness means being honest and straightforward in all dealings. In business, it involves presenting accurate information about goods and services, being honest in financial dealings, and fulfilling promises made to customers or clients.
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Attributes of Truthfulness
- Honesty: Always telling the truth and being transparent in all dealings.
- Integrity: Acting according to moral and ethical principles even when no one is watching.
- Reliability: Consistently delivering on promises and being dependable.
- Loyalty: Being faithful to obligations and commitments.
Factors That Cause People to Lie in Business
- Greed: The desire for more money or power can lead to dishonest practices.
- Fear of Failure: The fear of losing business or being unsuccessful may cause individuals to lie.
- Competition: The pressure to stay ahead of competitors can drive people to dishonest behaviour.
- Desire for Quick Success: The urge to achieve success quickly without effort often leads to shortcuts and dishonesty.
Rewards for Being Truthful in Business
- Trust: Truthfulness builds trust with customers, employees, and business partners.
- Good Reputation: A truthful business earns respect and a positive image in the market.
- Customer Loyalty: Truthful businesses are more likely to retain customers who value integrity.
- Sustainability: Truthful businesses tend to last longer, as they avoid legal and financial troubles associated with dishonesty.
Consequences of Dishonesty in Business
- Loss of Trust: Once a business is caught in a lie, it loses the trust of customers and partners.
- Legal Problems: Dishonest businesses can face lawsuits, fines, and legal penalties.
- Bad Reputation: A dishonest business may suffer damage to its reputation, resulting in fewer customers.
- Financial Losses: In the long run, dishonesty often leads to financial losses due to customer boycotts or legal penalties.
Step 1: Introduction
Lesson Presentation (Step-by-Step Procedure)
Others removed.
