SEMI-DETAILED LESSON PLAN

Subject : Fundamentals of Accounting, Business, and Management 1

Duartion : One (1) hour
Grade : Grade 11 – FABM1

LEARNING COMPETENCY
 Differentiate the forms of business organization.
(ABM_FABM11-IIIb-11)

I. SPECIFIC OBJECTIVE:
Given several examples and activities, the Grade 11 FABM 1 students are expected
to differentiate the forms of business organizations.

II. SUBJECT MATTER/CONTENT

A. Topic:
Forms of Business Organizations

B. References:
Curriculum Guide for Grade 11 page 2. Entrepreneurship Economics,
Council f or Economic Education, New York, NY pages 57-67, Fundamental of
Accounting (Procedural Simplifies Approach and FABM 1 Book, Phoenix
Publishing

C. Materials:
Visual Aids containing the forms of business organizations in relation to the
business opportunity, activities, and examples.

D. Key Behavior Indicators (KBI’s):

Initiates cooperation and join within the group while describing and
differentiating the forms of business organizations.
Recognize and gain interest in putting up business.

III. PROCEDURE:
A. Preparatory Activities:
1. Prayer
2. Greetings
3. Checking of Attendance

B. Developmental Activities:
1. Activity
Group the class into two (2) and let them guess the different information
which tells them the forms of business organizations.
Each group will be given Meta Strips with different information, they were
going to guess if the information belongs to Sole Proprietorship, Partnership,
Corporation, and Cooperatives.
2. Analysis
What are the forms of business organizations that you guess?
 Differentiate each types of forms of business organizations.

3. Abstraction
Present the forms of Business Organizations (Sole Proprietorship,
Partnership, Corporation, Cooperatives)

It operates similar to corporation, and it has its Board of It is the simplest to form of business
Directors who are selected among its members. However, SOLE
PROPRIETORSHIP
organization where capital is owned and
while the number of voting shares in a corporation is based
on shareholdings, in a cooperative – it is on a “one man provided by one person called
one vote” basis. Moreover, patronage refunds are given to “proprietor” who may manage the
cooperative members who patronized their business business by himself or hire another person
activities.
to do so.

FORMS OF
COOPERATIVE BUSINESS PARTNERSHIP
ORGANIZATIONS

The capital of the business is owned or

This is the biggest and the most complicated form of
business organization. This is organized by at least
five but not more than fifteen persons called
“incorporators”. Its capital is called “Share Capital”
which is divided into units called “shares” and each
share has designated value called “Par Value”.
Owners of the shares are called “Shareholders”.
provided by two or more persons called
“Partners” who should set forth agreements
among members themselves which include
among other: the investments of each partner,
CORPORATION
how profit and loss is to divided and settlement
to be made upon death or withdrawal of a
partner as embodied in the “Articles of Co-
Partnership” they have executed.

4. Application
Give examples of business enterprises in our locality and give the forms of
business as Sole Proprietorship, Partnership, Corporation, and Cooperatives.

IV. EVALUATION:
Direction: Compare and contrast the forms of business organizations (Sole
Proprietorship, Partnership, Corporation, and Cooperatives). Make a table for your answer.
Use ½ crosswise sheet of paper.

V. ASSIGNMENT:
Research about the advantages and disadvantages of each forms of business
organizations.

Prepared by:
Gemma O. Luar
Applicant(SHS-Teacher)