On Thursday 7 November 2024, the year 10’s will being running a market during lunchtime. Students will be provided with a double period before to set up and prepare for the lunch time sales. They will spend Period 5 cleaning and packing up
The Year 10 students have been learning about businesses; why people start them, service and trading businesses, market research, operating costs, break even analysis, pricing strategies and budgeting. In order to put the theory into practice they will run a market day stall in groups of 2-3 students and sell a product. The intention is to hold this outside of the canteen area during a lunchtime and students have to provide a product/service. Leading up to this day, students will apply their learning to plan for the supply of their products, the pricing strategies used and to undertake market research to find out what their peers/staff would want to buy. Market Day will also provide the basis for two of their Common Assessment Tasks; one task is to write up a business plan, and the second task is to undertake a reflection which will include the financial calculations. Students will only be able to take out the money they put in, with all remaining profits being donated to a charity of their choice.
