Date: Lesson: New Vocabulary:

Objectives:
Date: Lesson: New Vocabulary:

Objectives: Value of the

MATERIALS month
Communication –
human connection – is
the key to personal
and career success.

- Paul J. Meyer -
Date: Lesson: New Vocabulary:

Objectives:
Describe the Pictures

21st Century Skills: Entrepreneurship, Communication

Date: Lesson: New Vocabulary:

Objectives:

Types of Business
Operations
Date: Lesson: Types of Business Operations New Vocabulary:

Objectives:
OBJECTIVES:
 Recall the types of businesses
according to ownership
 Differentiate the types of
business operations
 Determine the relationship
between the types of business
operations
Essential Question: What are the other forms of business
ownership?
Date: Lesson: Types of Business Operations New Vocabulary:

Objectives:
Quick Recall
What are the three
1. Recall the types
of businesses
according to
ownership

basic forms of
2. Differentiate the
types of business
operations
3. Determine the
relationship
between the types
of business
business
ownership?
operations

21st Century Skills: Entrepreneurship

Date: Lesson: Types of Business Operations New Vocabulary:

Objectives: Producers
1. Recall the types
of businesses - business that gathers raw products in their natural
according to
ownership state
2. Differentiate the
types of business
operations
3. Determine the
relationship
between the types
of business
operations
Raw goods - are materials gathered in their original
state from natural resources such as land and water

21st Century Skills: Entrepreneurship

Date: Lesson: Types of Business Operations New Vocabulary:
Producers

Objectives: Processors
1. Recall the types
of businesses
according to
Processors change raw materials into more finished products
ownership
2. Differentiate the
types of business
operations
3. Determine the
relationship
between the types
of business
operations
Processed goods are made from raw goods and may require
further processing

21st Century Skills: Entrepreneurship

Date: Lesson: Types of Business Operations New Vocabulary:
Producers
Processors
Objectives: Manufacturers are businesses that make
1. Recall the types
finished products out of processed goods
of businesses
according to STEEL
ownership
2. Differentiate the GLASS
types of business
operations PLASTIC
3. Determine the
relationship The finished products need no further processing and are
between the types ready for market.
of business
operations

21st Century Skills: Entrepreneurship

Date: Lesson: Types of Business Operations New Vocabulary:
Producers

Objectives:
INTERMEDIARIES Processors
Manufacturers
1. Recall the types
of businesses
according to An intermediary is a business that moves goods
ownership from one business to another
2. Differentiate the
types of business It buys goods, stores them, and then resells them.
operations
3. Determine the WHOLESALER – stores and
relationship distributes goods
between the types
of business
operations
Retailer – purchases from
wholesaler, resells to customer
customer

21st Century Skills: Entrepreneurship

Date: Lesson: Types of Business Operations New Vocabulary:
Producers

Objectives:
INTERMEDIARIES Processors
Manufacturers
Intermediaries
1. Recall the types
of businesses
according to
ownership WHOLESALERS buy goods from manufacturers in huge
2. Differentiate the quantities and resells them in smaller quantities to their
types of business
customers, usually other companies
operations
3. Determine the
relationship
between the types
of business
operations

21st Century Skills: Entrepreneurship

Date: Lesson: Types of Business Operations New Vocabulary:
Producers

Objectives:
Service Businesses Processors
Manufacturers
Intermediaries
1. Recall the types
of businesses Service businesses provide services rather than goods.
according to
ownership
2. Differentiate the
types of business
operations
3. Determine the
relationship
between the types
of business
operations
Services are the products of a skill or an activity,
such as hairstyling and car repair

21st Century Skills: Entrepreneurship

Date: Lesson: Types of Business Operations New Vocabulary:
Producers

Objectives:
Service Businesses Processors
Manufacturers
Intermediaries
1. Recall the types
Service business
of businesses Some service businesses:
according to
• MEET NEEDS
ownership
2. Differentiate the Ex: medical clinics and law firms
types of business
operations
3. Determine the
relationship
between the types
of business
operations
• PROVIDE CONVENIENCES
Ex: taxi companies and copy shops

21st Century Skills: Entrepreneurship

Date: Lesson: Types of Business Operations New Vocabulary:
Producers

Objectives:
Group Activity Processors
Manufacturers
 As a group, fill in the graphic organizer Intermediaries
1. Recall the types
of businesses to show the relationship between Service business
according to
ownership businesses.
2. Differentiate the
types of business
 Decide which final product that the
operations
3. Determine the
group will use.
relationship  Write and draw the process done on
between the types
of business each.
operations

21st Century Skills: Entrepreneurship, Technological Literacy, Teamwork

Date: Lesson: Types of Business Operations New Vocabulary:
Producers
Processors
Objectives: Manufacturers
Intermediaries
1. Recall the types
Service business
of businesses
according to
ownership
2. Differentiate the
types of business
operations
3. Determine the
relationship
between the types
of business
operations

21st Century Skills: Entrepreneurship

Date: Lesson: Types of Business Operations New Vocabulary:
Producers

Objectives:
Classwork Processors
Manufacturers
Intermediaries
1. Recall the types
Service business
of businesses
according to
ownership
2. Differentiate the
types of business
operations
3. Determine the
relationship
between the types
of business
operations

21st Century Skills: Entrepreneurship, Critical Thinking

Date: Lesson: Types of Business Operations New Vocabulary:
Producers
Processors
Objectives: Manufacturers
Intermediaries

Summary
1. Recall the types
Service business
of businesses
according to
ownership
2. Differentiate the
types of business
operations
3. Determine the
relationship
between the types
of business
operations

21st Century Skills: Entrepreneurship

Date: Lesson: Types of Business Operations New Vocabulary:
Producers

Objectives:
Homework Processors
Manufacturers
Intermediaries
1. Recall the types
of businesses Think of one of your favorite Service business
according to
ownership
2. Differentiate the
food products. Describe the raw
types of business
operations materials that make up the
3. Determine the
relationship
between the types
food, how it might have been
of business
operations processed, and then
manufactured into the food that
you enjoy.
21st Century Skills: Entrepreneurship