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ATM safety

Credit card management

Advantages and nature of cheque accounts

How the bank can assist your business undertaking

How to plan and manage your own finances

See if you can obtain some of their brochures from your local bank.

  1. Marketing

A bank uses various strategies to market its services.

  1. Target groups

A bank divides its clients into various groups according to age and interests. There are special packages available to young people and also to pre-scholars.

Listen to the following questions and statements made by a commercial bank:

Be your own banker at the age of 12!

Do you want to manage your own finances as a teenager?

Would you like to see the money grow in your savings account?

Ask you parents to deposit your allowance in a Mega Save Account.

Use your Mega Card for cash withdrawals.

Simply draw your card through the terminal and pay!

It sounds so easy – especially to a teenager!

Sportsmen and -women are also targets. There are cards available especially to cyclists, and one for Comrades supporters. There is a Currie Cup interest rate for vehicle financing, and many others.

The aged are also targeted. There are special savings plans for funerals as well as special interest rates for retired people.

Collect as many of these marketing pamphlets as you can. They are available at commercial banks and through the post, and also in magazines.

Compare them to determine if there is one bank that impresses you more than the other.

  1. Competitions

“Use your credit card this month for purchases of R2 000,00 or more, and stand a chance to win one of the following fantastic prizes:

2 Mercedes C class

1 double first class air ticket to any destination worldwide.

7 days in Mauritius for two.

Sounds fantastic, doesn’t it! Let’s go and spend money!

Group work

Discuss in your groups why a bank encourages the use of credit cards by means of such competitions.

[LO 4.5]

  1. Competition time!

Divide into groups of your own choice

Establish a bank of your own.

Decide on a name and logo for you bank.

Market your bank by using brochures, advertisements and posters. (You must “sell” your bank to the public.)

Appoint a panel of judges to choose the “best bank” in class on the strength of its marketing strategy.

[LO 4.5]


LO 3

Management, Consumer and Financial Knowledge and Skills

The learner is able to apply and demonstrate, in a responsible manner, knowledge as well as a range of management, consumer and financial skills.

We know this when the learner :

3.3 finds out and discusses how a savings account is opened at a bank, and completes deposit and withdrawal slips;

3.4 discusses the value of savings and thrift and people’s difficulty in saving if basic needs are not met.

LO 4

Entrepreneurial Knowledge and Skills

The learner will be able to demonstrate entrepreneurial knowledge, skills and attitudes.

We know this when the learner :

4.5 discusses the four elements of the marketing mix in a simple business activity (product, price, place, promotion).


  • Teacher facilitates. Note size of amounts that have been spent. Is there a balance between money received and money spent?
  • Draw up a bank statement by using previous example.

Group work

  • Interest = income for bank

Questions & Answers

can someone help me with some logarithmic and exponential equations.
Jeffrey Reply
sure. what is your question?
okay, so you have 6 raised to the power of 2. what is that part of your answer
I don't understand what the A with approx sign and the boxed x mean
it think it's written 20/(X-6)^2 so it's 20 divided by X-6 squared
I'm not sure why it wrote it the other way
I got X =-6
ok. so take the square root of both sides, now you have plus or minus the square root of 20= x-6
oops. ignore that.
so you not have an equal sign anywhere in the original equation?
Commplementary angles
Idrissa Reply
im all ears I need to learn
right! what he said ⤴⤴⤴
what is a good calculator for all algebra; would a Casio fx 260 work with all algebra equations? please name the cheapest, thanks.
Kevin Reply
a perfect square v²+2v+_
Dearan Reply
kkk nice
Abdirahman Reply
algebra 2 Inequalities:If equation 2 = 0 it is an open set?
Kim Reply
or infinite solutions?
The answer is neither. The function, 2 = 0 cannot exist. Hence, the function is undefined.
Embra Reply
if |A| not equal to 0 and order of A is n prove that adj (adj A = |A|
Nancy Reply
rolling four fair dice and getting an even number an all four dice
ramon Reply
Kristine 2*2*2=8
Bridget Reply
Differences Between Laspeyres and Paasche Indices
Emedobi Reply
No. 7x -4y is simplified from 4x + (3y + 3x) -7y
Mary Reply
is it 3×y ?
Joan Reply
J, combine like terms 7x-4y
Bridget Reply
im not good at math so would this help me
Rachael Reply
I'm not good at math so would you help me
what is the problem that i will help you to self with?
how do you translate this in Algebraic Expressions
linda Reply
Need to simplify the expresin. 3/7 (x+y)-1/7 (x-1)=
Crystal Reply
. After 3 months on a diet, Lisa had lost 12% of her original weight. She lost 21 pounds. What was Lisa's original weight?
Chris Reply
what's the easiest and fastest way to the synthesize AgNP?
Damian Reply
types of nano material
abeetha Reply
I start with an easy one. carbon nanotubes woven into a long filament like a string
many many of nanotubes
what is the k.e before it land
what is the function of carbon nanotubes?
what is nanomaterials​ and their applications of sensors.
Ramkumar Reply
what is nano technology
Sravani Reply
what is system testing?
preparation of nanomaterial
Victor Reply
Yes, Nanotechnology has a very fast field of applications and their is always something new to do with it...
Himanshu Reply
good afternoon madam
what is system testing
what is the application of nanotechnology?
In this morden time nanotechnology used in many field . 1-Electronics-manufacturad IC ,RAM,MRAM,solar panel etc 2-Helth and Medical-Nanomedicine,Drug Dilivery for cancer treatment etc 3- Atomobile -MEMS, Coating on car etc. and may other field for details you can check at Google
anybody can imagine what will be happen after 100 years from now in nano tech world
after 100 year this will be not nanotechnology maybe this technology name will be change . maybe aftet 100 year . we work on electron lable practically about its properties and behaviour by the different instruments
name doesn't matter , whatever it will be change... I'm taking about effect on circumstances of the microscopic world
how hard could it be to apply nanotechnology against viral infections such HIV or Ebola?
silver nanoparticles could handle the job?
not now but maybe in future only AgNP maybe any other nanomaterials
can nanotechnology change the direction of the face of the world
Prasenjit Reply
At high concentrations (>0.01 M), the relation between absorptivity coefficient and absorbance is no longer linear. This is due to the electrostatic interactions between the quantum dots in close proximity. If the concentration of the solution is high, another effect that is seen is the scattering of light from the large number of quantum dots. This assumption only works at low concentrations of the analyte. Presence of stray light.
Ali Reply
the Beer law works very well for dilute solutions but fails for very high concentrations. why?
bamidele Reply
how did you get the value of 2000N.What calculations are needed to arrive at it
Smarajit Reply
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Source:  OpenStax, Economic and management sciences grade 5. OpenStax CNX. Sep 05, 2009 Download for free at http://cnx.org/content/col10974/1.1
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