Forms of Ownership

Introduction

 

Business ownership refers to the control over an enterprise, providing the power to dictate the operations and functions.

Different Types Of Ownership.

  • Sole Proprietorship. A sole proprietorship is when there is a single founder who owns and runs the business
  • Partnership. A partnership is when 2 or more co-owners run a business together
  • Pty Ltd - Proprietary limited company
  • Public Company
  • Franchise.

https://video.genyt.com/nTd2kMBGnmQ

Task

Business Studies

Grade 11

Step 1

Read the introduction with understanding

Step 2

Listen to the video provided on the link

Step 3

Proceed to answering the 5 questions of the class activity below.

CLASS ACTIVITY

Question 1

What is form of ownership?               

Question 2

List 4 different types of Ownership?

Question 3

Name four advantages of Sole proprietorship

Question 4

State four disadvantages of partnership

Question 5

Name 5 possible reason for businesa failure

Process

Step 1

Read the webquest and listen to the video attached on the link

Step 2

Answer All  the questions above and answer according to the marking allocation below.

Step 3

When finished with step 2 you need to email them to 216012707mbolekwanomsindisi@gmail.com and CC yourself.

Evaluation

Question 1 -3 marks

Question 2- 4 marks

Question 3 - 4 Marks

Question 4- 4 Marks

Question 5 - 5 marks

Total= 20 Marks

Conclusion

At the end of this webquest a learner should be able to:

Know There are various types of business ownership

Differentiate between the types

Have knowledge on the advantages and disadvatanges of these

 

Teacher Page

Task- N.Mbolekwa,2021

Caps document business studies

Mind the gap textbook grade 11 business Studies

Youtube link

Web pictures