Module 3: Business Studies
Production and factors of production.
Use this workbook to practice core KCSE communication skills and record evidence of progress.
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SECTION: BUSINESS STUDIES
MODULE: 3
Part A: Units
1. Production
a. Meaning of production
b. Factors of production
c. Mobility of factors
d. Rewards of factors
Part B: Project
Analyze production activities in your community.
Project Title: Production and Factors of Production
Objective: Identify production activities and the factors involved.
Project Instructions:
- 1. Identify one local production activity (farming, bakery, workshop, or service).
- 2. List the factors of production used (land, labor, capital, enterprise).
- 3. Describe the mobility of one factor.
- 4. Explain the reward for each factor in the activity.
- 5. Consult your coach where necessary.
Evidence to Submit:
- • Description of the production activity.
- • Factors of production listed.
- • Notes on mobility and rewards.
Submission
Part C: Training Others
Teach a peer about production and its factors.
Guidance:
- • Explain the meaning of production.
- • Describe the four factors of production.
- • Ask the learner to match factors with rewards.
Reflection:
- • What did the learner understand well?
- • What needed more clarification?
- • What support do you need from your coach?
Submission
Part D: Assessment
Competency Levels:
1 = Expectations not met
2 = Partially met
3 = Satisfactorily met
4 = Excellently met
Self-assessment:
- • Meaning of production:
- • Factors and rewards:
- • Mobility of factors:
Coach assessment:
- • Meaning of production:
- • Factors and rewards:
- • Mobility of factors:
Submission
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