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Lesson Plan 1

               Subject(s) Area: Management: Business Organization

               Achievement Standard: Analyze the organization of a business.
               A. Forms of Business Ownership: Level 2 Performance Expectations – Define and provide examples of
               the basic forms of business ownership (e.g., sole proprietorship, partnership, and corporation)

               Time: 50 minutes

               Materials:
                     Laptop
                     T-chart
                     Google Document

               Objectives:
                     Define the basic forms of business ownership
                     Provide specific examples of each type of business ownership
                     Compare and contrast the basic forms of business ownership

               Overview:
               In this lesson, students research the basic forms of business ownership: sole proprietorships,
               partnerships, and corporations. While they are researching, they will provide examples of each type of
               ownership. They will then compare and contrast the basic forms of ownership.

               Activities:
                     Research the three basic forms of business ownership on your laptop and define each in a
                       Google document. (see below)
                     Complete the provided t-chart. (see below)
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