Lesson Plan for Senior Secondary 1 - Commerce - Forms Of Business Units

### Lesson Plan: Forms of Business Units #### Grade Level: Senior Secondary 1 #### Subject: Commerce #### Title: Forms of Business Units #### Duration: 60 minutes --- ### Objectives: By the end of this lesson, students will be able to: 1. Identify and describe the different forms of business units. 2. Explain the characteristics, advantages, and disadvantages of each form. 3. Understand the factors influencing the choice of a business unit. ### Materials: - Whiteboard and markers - Projector and laptop - Handouts with detailed descriptions of each business unit form - Chart papers and markers for group activities --- ### Lesson Outline: #### Introduction (10 minutes) 1. **Greeting and Attendance** - Quick roll call and greeting 2. **Ice-Breaker Activity** - Quick discussion on what businesses students know (family businesses, local stores, large companies, etc.) 3. **Objective Overview** - Briefly explain what students will learn by the end of the lesson. #### Direct Instruction (20 minutes) 1. **Presentation on Forms of Business Units** - Use slides to introduce each form of business unit. - *Sole Proprietorship* - Definition - Characteristics - Advantages and disadvantages - *Partnership* - Definition - Characteristics - Advantages and disadvantages - *Corporation (Limited Companies)* - Definition - Characteristics - Advantages and disadvantages - *Cooperatives* - Definition - Characteristics - Advantages and disadvantages 2. **Explanation of Factors Influencing Choice of Business Form** - Size and nature of business - Capital requirements - Control and management - Legal and regulatory aspects - Personal preferences and goals #### Group Activity (15 minutes) 1. **Group Discussion and Presentation** - Divide students into four groups; assign each group one form of business unit. - Provide each group with chart paper and markers. - Each group discusses and writes down the key characteristics, advantages, and disadvantages of their assigned business unit. - Groups present their findings to the class. #### Assessment (5 minutes) 1. **Quick Quiz** - Distribute a short quiz focusing on the different forms of business units and their characteristics. #### Conclusion (10 minutes) 1. **Recap** - Quickly go over the key points from the lesson. 2. **Q&A Session** - Allow students to ask questions or clarify doubts. 3. **Assignment** - Assign students to write a short essay on which form of business unit they would choose if they were to start a business, with reasons. --- ### Evaluation: - Participation in group activities and presentations. - Performance on the quick quiz. - Quality and completeness of the take-home assignment. ### Reflection: After the lesson, reflect on what worked well and what could be improved. Adjust future lessons based on this reflection to better meet the needs of the students. --- ### Notes: - Ensure that all students are engaged in group work. - Provide support and guidance as needed during group activities. - Be flexible with time if a particular section requires more discussion. --- With this structured lesson plan, students will gain a comprehensive understanding of the different forms of business units, enabling them to make informed decisions in their future business endeavors.