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Understanding Business Ownership Forms

This document outlines a lesson plan on forms of business organizations. It will teach students to differentiate between sole proprietorships, partnerships, corporations, and cooperatives based on their nature of ownership. Students will learn the advantages and disadvantages of each form. They will also work in groups to identify local businesses and their organizational structure. The lesson aims to help students identify different business forms, provide examples of each, and understand their characteristics by the end.

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Krisha Joy Mercado
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459 views2 pages

Understanding Business Ownership Forms

This document outlines a lesson plan on forms of business organizations. It will teach students to differentiate between sole proprietorships, partnerships, corporations, and cooperatives based on their nature of ownership. Students will learn the advantages and disadvantages of each form. They will also work in groups to identify local businesses and their organizational structure. The lesson aims to help students identify different business forms, provide examples of each, and understand their characteristics by the end.

Uploaded by

Krisha Joy Mercado
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Forms of Business Organizations

Content Standards
The learners demonstrate an understanding of the various forms of business organizations, as follows:
• Sole /Single Proprietorship
• Partnership
• Corporation
Cooperatives

Performance Standards
The learners shall be able to
• differentiate the forms of business organizations in terms of nature of ownership
• make a list of existing business entities in their community and identify the form of business
organization

Learning Competencies
The learners shall be able to
• differentiate the forms of business organizations.
• identify the advantages and disadvantages of each form.

Specific Learning Objectives


At the end of this lesson, the learners will be able to:
• identify the forms of business organizations by nature of ownership.
• give examples of businesses in their respective communities and identify the form
• identify the advantages and disadvantages of the four forms of business organization

INTRODUCTION (5 MINS)
1. Ask the learners whether they want to be in business. Then ask what business they want to put up and
why.
2. Introduce the following learning objectives:
• I will be able to identify the forms of business organizations by nature of ownership.
• will be able to give examples of businesses in my community and identify their form.
• I will be able to identify the advantages and disadvantages of the four forms of business organizations.

MOTIVATION (5 MINUTES)
1. Ask them the following questions:
How much is your daily allowance?
• How much is your daily allowance?
• Do you know that with your daily allowance you can own a company?
2. Link the answers of the learners.
Tell them their daily allowance can be used to buy shares of stock of a corporation and that they will
become the owner of such a company”.
3. Inform them of the subject matter of your lecture.

INSTRUCTION (30 MINUTES)


1. Discuss sole/single proprietorship.
a. Discuss the advantages of sole/single proprietorship.
b. Discuss the disadvantages of sole/single proprietorship.
2. Discuss partnerships
a. Discuss the advantages of a partnership
b. Discuss the disadvantages of a partnership
3. Discuss corporations
a. Discuss the advantages of a corporation
b. Discuss the disadvantages of a corporation
4. Discuss cooperatives
a. Discuss the advantages of a cooperative
b. Discuss the disadvantages of a Cooperative

PRACTICE (10 MINUTES)


Divide the class into four groups.
1. Assign each group a form of business organization.
2. Assign a group leader/reporter for every group.
3. Ask each group to list down at least three businesses in their locality or in the country
• For every business, the learner will identify the business activities, products or services offered by each
business.
• The group may be asked to identify the owners of every businesses listed.
[Link] the group leader or reporter to present the output of each group.

ENRICHMENT (5 MINUTES)
1. Post the blank matrix on the board. (see teaching materials below)
2. Summarize the lesson using the matrix

EVALUATION (5 MINUTES)
1. Enumerate all the forms of business organizations by nature of ownership.
2. Differentiate a corporation from a partnership according to number of owners and their liabilities.
3. Differentiate a corporation from cooperative.
4. Give two example of corporations in the Philippines.
5. Give two examples of cooperatives in the Philippines.

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