Introduction
Good Day Learners. Welcome to the class of Business Studies. Today we will focus on the forms of ownership. I hope you will enjoy the lesson.
Task
The learners must do the activity individually so that I can get feedback on your understanding of the topic. for your activity, I require you to watch the following video for explanation on forms of ownership and it will help you to complete the activity.
Answer the following questions.
Question 1
If you had to open a business, what would it be which form of ownership would you choose? (2)
Question 2
Contract TWO advantages and disadvantages of sole proprietor and Partnership.(4)
Question 3
Differences between the private company and public company.(8)
Question 4
Name Characteristics of a personal liability company.(8)
TOTAL:22
Process
Consider and watch the steps on how the lady start the business.
Know the types of Co-operatives
- Housing Co-operative
- Worker Co-operative
- Social Co-operatives
- Consumer Co-operative.
To get in the business you need qualities of an entrepreneur.
watch the following .
You should also know the differences between the Profit and Non- profit organisation to enter the business.
PROFIT ORGANISATION
- Objectives is to make profit for the owner.
- Capital contributed by the owners.
- Responsible for paying tax
NON-PROFIT ORGANISATION
- objective is to promote a social cause.
- funds from donation and government grants are the main source of capital.
- Exempted from paying tax.
Evaluation
A memorandum will be used to mark your worksheet. Please do well.
This Rubric will be used.
| Question 1 (2) | |
| Question 2 (4) | |
| Question 3 (8) | |
| Question 4 (8) | |
| TOTAL: 22 |
Conclusion
As the results of this knowledge you guys can posses and now fully understand the concepts of the forms of ownership and be able to make decision as it regards to establishing a business of its own.
ALL learners are to complete this activity as it will be helpful for them in the examination preparation.
Credits
- Grade 10 business studies study guide- Via Afrika
Teacher Page
if you did not have enough information about the forms of ownership or the activity, you are free to send me an email.
for enquiries please email or you can WhatsApp me.
0765197107
Sisipho belani.