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:

Alternative Ways of
Doing Business
Date: Lesson: Alternative Ways of Doing Business New Vocabulary:

Objectives:
OBJECTIVES:
 Recall business organizations
according to ownership
 Specify other types of business
ownership and trends to it
 Explain mergers and
acquisitions
Essential Question: What are the other forms of business
ownership?
Date: Lesson: Alternative Ways of Doing Business New Vocabulary:

Objectives:
Quick Recall
What are the three
1. Recall business
organizations
according to
ownership

basic forms of
2. Specify other
types of business
ownership and
trends to it
3. Explain mergers
and acquisitions business
ownership?
21st Century Skills: Entrepreneurship
Date: Lesson: Alternative Ways of Doing Business New Vocabulary:
Joint venture

Objectives:
Other Ways of Business Ownership Cooperative
Limited liability
companies
1. Recall business  Joint venture - a partnership established for a specific
organizations project or for a limited time
according to  In 2018, Samsung and Spotify struck a deal to make it easier to use Spotify
ownership on Samsung devices. A year later they expanded that agreement and began
2. Specify other including Spotify as a pre-installed app on many Samsung phones – even
types of business giving consumers six months free.
ownership and  Cooperatives - an organization composed of
trends to it
3. Explain mergers
individuals or small businesses that have banded
and acquisitions together to reap the benefits of belonging to a larger
organization
 e.g. Essa Town Consumer Cooperative Society
 Limited liability companies - form of ownership that
provides limited liability and taxation like a
partnership but places fewer restrictions on members
 e.g. Domino’s Pizza
21st Century Skills: Entrepreneurship
Date: Lesson: Alternative Ways of Doing Business New Vocabulary:
Joint venture

Objectives:
Trends in Business Ownership Cooperative
Limited liability
companies
1. Recall business  Merger - the combination of two companies (usually
organizations corporations) to form a new company
according to
ownership
 e.g. Exxon Corp. and Mobil Corp. - the first and
2. Specify other second largest oil producers in the United States -
types of business made headlines when they announced their
ownership and
trends to it merger in 1998.
3. Explain mergers  Acquisition - the purchase of one company by
and acquisitions another, usually by buying its stock
 e.g. Google acquired Android for an estimated
$50 million back in 2005. At the time, Android
was an unknown mobile startup company so the
move raised some eyebrows.

21st Century Skills: Entrepreneurship

Date: Lesson: Alternative Ways of Doing Business New Vocabulary:
Joint venture

Objectives:
Group Activity Cooperative
Limited liability
 As a group, research one example of companies
1. Recall business
organizations either a merger or an acquisition. Merger
Acquisition
according to
ownership  Answer the following guide questions:
2. Specify other
types of business
 What are the companies involved?
ownership and  Briefly describe the nature of
trends to it
3. Explain mergers business of the companies involved.
and acquisitions
 When did the merger or acquisition
took place?
 What was the reason of the merger
or acquisition?
 Was it successful or not?
21st Century Skills: Entrepreneurship, Technological Literacy, Teamwork
Date: Lesson: Alternative Ways of Doing Business New Vocabulary:
Joint venture
Cooperative
Objectives: Limited liability
companies
1. Recall business
Merger
organizations
according to
Acquisition
ownership
2. Specify other
types of business
ownership and
trends to it
3. Explain mergers
and acquisitions

21st Century Skills: Entrepreneurship

Date: Lesson: Alternative Ways of Doing Business New Vocabulary:
Joint venture

Objectives:
Classwork Cooperative
Limited liability
companies
1. Recall business
organizations
1. Identify the three basic forms of business Merger
according to ownership. Acquisition
ownership
2. Specify other 2. Give examples of other forms of business
types of business
ownership and ownership.
trends to it
3. Explain mergers
3. Explain why companies merge or acquire
and acquisitions other companies.

21st Century Skills: Entrepreneurship, Critical Thinking

Date: Lesson: Alternative Ways of Doing Business New Vocabulary:
Joint venture
Cooperative
Objectives: Limited liability
companies

Summary
1. Recall business
Merger
organizations
according to
Acquisition
ownership
2. Specify other
types of business
ownership and
trends to it
3. Explain mergers
and acquisitions

21st Century Skills: Entrepreneurship

Date: Lesson: Alternative Ways of Doing Business New Vocabulary:
Joint venture

Objectives:
Homework Cooperative
Limited liability
companies
1. Recall business
organizations Research at least 3 examples of Merger
Acquisition
according to
ownership
2. Specify other
each type of businesses
types of business
ownership and discussed today.
trends to it
3. Explain mergers
and acquisitions

21st Century Skills: Entrepreneurship