Lesson Notes By Weeks and Term - Senior Secondary 2

Enterprise I

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TERM – 3RD TERM

WEEK FIVE

Class: Senior Secondary School 2

Age: 16 years

Duration: 40 minutes of 5 periods each

Date:

Subject: AUTO MECHANICAL

Topic: ENTERPRISE I

SPECIFIC OBJECTIVES: At the end of the lesson, pupils should be able to

I.) Define enterprise

II.) Identify the types of enterprise

III.) Identify some of the objectives of enterprise

INSTRUCTIONAL TECHNIQUES: Identification, explanation, questions and answers, demonstration, videos from source

INSTRUCTIONAL MATERIALS: Videos, loud speaker, textbook, pictures,

INSTRUCTIONAL PROCEDURES

PERIOD 1-2

PRESENTATION

TEACHER’S ACTIVITY

STUDENT’S

ACTIVITY

STEP 1

INTRODUCTION

The teacher explains the meaning of enterprise and discuss the types

Students listens attentively to the teacher                                                                          

STEP 2

EXPLANATION

Teacher identify and discuss some of the objectives of enterprise

Students exhibit attentiveness and active engagement

STEP 3

NOTE TAKING

The teacher writes a summarized

note on the board

The students

copy the note in

their books

 

NOTE

ENTERPRISE I

An enterprise refers to a business or organization engaged in commercial, industrial, or entrepreneurial activities with the primary goal of generating profit. It encompasses various entities, from small startups to large corporations, operating in different sectors of the economy.

Types of Enterprises

  1. Sole Proprietorship: A business owned and operated by a single individual who assumes all risks and responsibilities.
  2. Partnership: A business structure owned and operated by two or more individuals who share profits, risks, and responsibilities.
  3. Corporation: A legal entity separate from its owners (shareholders) that can enter contracts, incur debts, and be held liable for its actions.
  4. Limited Liability Company (LLC): A hybrid business structure that combines features of a corporation and a partnership, providing limited liability protection to its owners.
  5. Cooperative: An enterprise owned and operated by its members, who share profits and make decisions democratically.
  6. Nonprofit Organization: An enterprise that operates for charitable, educational, religious, or social purposes rather than for profit.

Objectives of Enterprise

  1. Profit Maximization: One of the primary objectives of most enterprises is to generate profits for their owners or shareholders through efficient operations and effective management of resources.
  2. Growth and Expansion: Enterprises often aim to expand their operations, market presence, and customer base to increase revenue and market share over time.
  3. Customer Satisfaction: Providing quality products or services that meet or exceed customer expectations is crucial for enterprises to build customer loyalty and maintain a competitive edge.
  4. Innovation and Adaptation: Enterprises strive to innovate and adapt to changing market conditions, technological advancements, and consumer preferences to stay relevant and competitive.

EVALUATION: 1. Define enterprise

  1. Mention 5 types of enterprise
  2. Identify 4 objectives of enterprise

CLASSWORK: As in evaluation

CONCLUSION: The teacher commends the students positively