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Business Ownerships

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Business Ownerships document sample

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									                             Teaching Strategies/Activities
                                     Lesson Plan

                Business Management and Administrative Services


ORGANIZING A BUSINESS

Author: Linda Earl, Colorado City High School

Summary:

This lesson investigates different types of business ownerships. Students will research
and discuss the several types including the advantages and disadvantages of each type
of ownership. Using different types of Internet and presentation software, they will
present information to the class.

CTE Program Competencies/Indicators Addressed in this Lesson:

6.0    EVALUATE THE ROLE OF SMALL BUSINESS IN THE ECONOMY
       6.3  Compare/contrast the advantages/disadvantages of sole proprietorships,
            partnerships and corporations.
10.0   EXPLAIN BUSINESS FUNCTIONS WITHIN AN ORGANIZATION
       10.2 Describe the differences among sole proprietorships, partnerships, and
            corporations
22.0   USE COMPUTERIZED INFORMATION SYSTEMS AND TECHNOLOGY
       22.2 Utilize appropriate hardware and software to generate business
            communications and reports (word processing, spreadsheet, database,
            graphics, etc.)
       22.4 Use multimedia software to generate presentations and reports
       22.5 Research business issues using electronic mediums (Internet, Intranet,
            etc.)

Arizona Academic Standard Content Area Addressed in this Lesson:

Standard: Writing

Strand 2: Writing Components
W09-S2C1
Concept 1: Ideas and Content (Grades 9 - 12): writing is clear and focused, holding
      the reader’s attention throughout. Main ideas stand out and are developed by
      strong support and rich details. Purpose is accomplished.
PO 1 Maintain a clear, narrow focus to support the topic.
PO 2 Write with an identifiable purpose and for a specific audience.
PO 3 Provide sufficient, relevant, and carefully selected details for support.


BMAS-ORGANIZING A BUSINESS
PO 4 Demonstrate a thorough, balanced explanation of the topic.
PO 5 Include ideas and details that show original perspective and insights.
W09-S2C2
Concept 2: Organization (Grades 9 - 12): addresses the structure of the writing and
     integrates the central meaning and patterns that hold the piece together.
PO 1 Use a structure that fits the type of writing (e.g., letter format, narrative, play,
     essay).
PO 2 Include a strong beginning or introduction that draws in the reader.
PO 3 Place details appropriately to support the main idea.
PO 4 Use effective transitions among all elements (sentences, paragraphs, and
     ideas).
PO 5 Employ a variety of paragraphing strategies (e.g., topical, chronological, spatial)
     appropriate to application and purpose.
PO 6 Create an ending that provides a sense of resolution or closure.

Standard: Reading

Strand 1: Reading Process
RO9-S1C6
Concept 6: Comprehension Strategies (Grades 9 - 12): Employ strategies to
      comprehend text.
PO 1 Predict text content using prior knowledge and text features (e.g., illustrations,
      titles, topic sentences, key words).
PO 2 Generate clarifying questions in order to comprehend text.
PO 3 Use graphic organizers in order to clarify the meaning of the text.
PO 4 Connect information and events in text to experience and to related text and
      sources.
PO 5 Apply knowledge of organizational structures (e.g., chronological order,
      sequence-time order, cause and effect relationships, logical order, by
      classification, problem-solution) of text to aid comprehension.

Learning Objectives:

After completing this chapter the students will be able to:
       name business ownerships.
       compare the ownerships.
       describe alternative ways to do business.
       identify types of businesses.
       use the Internet as a resource tool.
       organize data with other students.
       discuss business ownerships.

Evaluation:

Student mastery of the target competencies will be measured by the presentation
summarizing the research.


BMAS-ORGANIZING A BUSINESS
Students need:
   Access to Internet and other resources
   PowerPoint presentation software
   Rough draft of business information gathered done in Microsoft Word

Use rubric to determine quality of performance.

Duration:

   2 hours research time
   1 hour design time
   1 hour presentation time




BMAS-ORGANIZING A BUSINESS
Materials:

Introduction to Business – Glencoe
Business Principles and Management - Southwestern

Technology:

Internet Access

“Hook”:

Write the types of businesses on the board as column heading – producers,
processors, manufactures, intermediaries, and services. Ask students to categorize
local businesses according to type. Which businesses might be organized as sole
proprietorships.

Procedure:

Step 1:

Have students do online research regarding different types of businesses and write a
rough draft of the information they have accumulated.

Websites:
  BizStats.com
  Census.gov

Probe question: Do you have a general idea of the businesses that do the best in the
United States?

Step 2:

Have students discuss with their team members the type of business that do best in our
economy and why.

Probe question: If you were to go into business today, what type of business would you
choose and why?

Step 3:

Have students prepare presentation on their findings and present to the class.

Visuals needed: PowerPoint Software

Modification to the Lesson: Transparencies if PowerPoint is not available.



BMAS-ORGANIZING A BUSINESS
Remediation:

May need more class-room discussion to help students make the connections between
the different types of businesses and use local businesses as examples.




BMAS-ORGANIZING A BUSINESS

								
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