Introduction
Welcome, students!
Please watch the introductory video bellow introducing the concept we will be dealing with in this WebQuest.
Forms of ownership
Task
Julie John Bryan and Andrew
Meet Julie, John, Bryan and Andrew, all aiming to start a business in 2023. They are unfamiliar with the forms of ownership that exist. As a grade 11 student you are quite familiar with forms of owners as you’ve done it in grade 10.
In Groups of 4, you must advise them on the most suitable form of ownership that meets all their requirements. As a group, create a Power Point presentation using a minimum of TWO slides, include the characteristics, advantages and disadvantages of the most appropriate forms of ownership for each of them. You may include images or graphs. Ensure that all the details of the group members are clear on the cover of your presentation.
Due date: 11 September 2022
Requirements:
Julie
- Wants something that is quick and easy to start
- She wants ALL the profits for herself
- She doesn’t want the struggle of filling out formal documents and financial records
John
- Wants to give back to his community and is not worried about making a profit
- He wants to hire a director (James) to run the day-to-day duties at the business
- He doesn’t want to lose his personal possessions
Bryan and Andrew
- They have Two more friends who would like to join the business
- Andrew wants to pay his own tax
- Bryan doesn’t want to be the only one responsible for all the day to day duties
Process
In order to complete the task students should follow the following strategies (steps):
Step 1
Join a group and determine who is responsible for completing which task:
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Suggestion:
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Step 2
Getting started and acquiring the necessary information to complete the task. Now that each group member knows their responsibilities, they can part ways to do their respective parts on the own.
Remember to set a date to hand everyone’s part to the person responsible for the power point.
Use the power point bellow as a resource
https://1drv.ms/p/s!Apla_wnXFRGTaVn0WRgmpLbXNg0
Also see You Tube links bellow as additional resources on the different forms of ownership
What is a sole trader /sole proprietor?
Close corporation
Partnership
Non- Profit Company
Step 3
Completion of task once the power point is complete the group should ensure that everyone is happy with the presentation and the forms of ownership that was suggested for each person [Julie, John, Bryan and Andrew].
Evaluation
Student will be assessed using the following rubric.
Forms of Ownership Presentation Task Rubric
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Criteria
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Excellent (3)
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Good (2) |
Needs Improvement (1) |
Score |
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The Forms of Ownership |
The students chose the correct form of ownership for all three entrepreneurs.
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The students chose only 2 out of the 3 forms of ownership correctly. |
The students chose only 1 form of ownership correctly. |
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Content Knowledge
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The students had excellent content knowledge and was able to provide the entrepreneurs with the knowledge they require to make a decision.
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The students had some content knowledge and was able to provide the entrepreneurs with some knowledge. |
The students content knowledge is very weak and needs improvement. |
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Power Point Presentation
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The presentation includes appropriate and easily understood content and visual aids.
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The presentation includes some visual aids, but the content is in a format that makes it difficult to understand.
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The presentation includes no visual aids and the content is very poorly presented, hardly any content information present.
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Communication
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The presentation is creative and effective in conveying suggestions to the audience.
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The presentation techniques used are effective in getting the main ideas across, but a bit unimaginative.
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The presentation does not capture the audience's interest and/or is confusing as to what is being communicated.
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Group work
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Students did an excellent job working in a group as its clear in the work presented in the presentation.
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Students were able to complete the task working in a group there is still room for improvement. |
Students were unable to work in a group and it showed in their presentation. |
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Total Score |
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Conclusion
After student completed the power point presentation Julie, John, Bryan and Andrew will now be able make a decision as to which form best suits them. As students they will now be able to see what they understand from the topic and what they may need to spend more time on.
Submission of Power Point Presentation
Students are to submit their power point presentation using the link bellow before the Due Date 11 September 2022.
https://drive.google.com/drive/folders/1szx2IMNwim5hGj3yvjKCxCzOZ0iF4FMS?usp=sharing
Our next lesson will be on the next two forms of ownership:
- Private Company
- Public Company
To prepare for the lesson please watch the videos in the links bellow.
Credits
Google images
You Tube
Aaishah Wannenberg for the creation of this Webquest and Power Point
Teacher Page
Aaishah Wannenberg
219205663
219205663@mycput.ac.za / 219205663.wanneneberg.aaishah@gmail.com
Hi I’m Aaishah Wannenberg and I’m a Bed in Senior phase and FET teaching 3RD year student at Cape Peninsula University of Technology (CPUT).
This WebQuest was created as a Computers in Education 3 assignment in September 2022.