Monday, September 18th - 8th Grade- Finish Partnerships and Project Paragraph

Archdale-Trinity Middle School Lesson Plan
Date: 09-18-2017

Teacher:	Witkowski
Lesson/Unit Topic:	Types of Business Organizations- Corporations
Standards:	NCCTE.BU20.01.02 Understand the types of business organizations.

“I Can…” Statement
I can explain the benefits and disadvantages of sole proprietorships and partnerships.

Literacy/Vocabulary Strategies (Word Wall)

In a partnership, you share talents and skills.                   http://sarahhowcroft.com/wp-content/uploads/2011/10/the-small-business-partnership.jpg

Bell-Ringer/Connecting Strategy

Go to wclassroom.blogspot.com  Open 1.02 Business Types       3. Pull out your Orange/Gold  Business Type NOTES       4. Get out your White Business Definitions Notes        5. Get a pencil

Lesson-Instructional Strategies & Procedures for Teacher and Students (Detailed Plans Including Best Practices, Researched Based Strategies)

Guided Lesson: @ Partnership question....       Was it easier with a partner? Why?       Was it harder with a partner? Why?   @ Why is a Partnership Agreement important? http://www.huffingtonpost.com/2012/05/16/people-mark-zuckerberg-burned_n_1518702.html?slideshow=true#gallery/226480/0   @ Did you follow your partnership agreement? Creating a Business Partnership Agreement http://study.com/academy/lesson/creating-a-business-partnership-agreement.html Review Partnerships https://www.youtube.com/watch?v=1H11bgEVgLc 2nd period needs to finish Venn diagram  sole proprietorship vs partnership   Project Paragraph Questions- Would you rather have a sole proprietorship or a partnership? WHY?   ---You need a topic sentence with your decision.   ---You need at least 5 or more sentences for your paragraph   ---You need to list at least 2 reasons from your definitions (White or Orange) pages   ---You need to mention at least one reason from the game simulation.   --- Spelling needs to be correct. If you see red lines, you have spelled something wrong. Go to the Review tab and click on the Spell Check button or right click.   --- Grammar needs to be correct. Each sentence starts with a capital letter and ends with a period. Your first and last name should start with capital letters.   ---You can use the Orange paper to make notes, but the paragraph needs to be TYPED with your first and last name on it.   SAMPLE:   I would want to have a corporation. In a corporation, you have many employees to perform business function tasks to make the corporation successful. You don't have to worry about making so many decisions. I also like that corporations have limited liability. I am only able to lose the money I invested in the corporation's stock and not any other assets I have. When I played the game simulation with three people I had more time to research and make better decisions.   If time: @ Students will complete corporation notes.   @ What is a Corporation?   @ What are examples of a Corporation?   @ What are the advantages and disadvantages of a corporation? @ How the stock market works?  https://www.youtube.com/watch?v=GnJCOof2HJk   @ HOW TO PICK A WINNING STOCK       https://www.youtube.com/watch?v=b_u5f73_I8U Financial Freedom   Strategies: buy and hold stock stay out of market time the market for ups and downs (day traders)   Generally a high P/E ratio means that investors are anticipating higher growth in the future. The average market P/E ratio is 20-25 times earnings   How much will you win?  http://www.econedlink.org/interactives/EconEdLink-interactive-tool-player.php?lid=335&&filename=main.swf   Independent Exercise: @ Multinational Candy Question   @ In pairs complete the Famous Corporations worksheet      www.hoovers.com   Do not use chat feature If time  then play Kahoot it @ Students will review sole proprietorship notes and partnership notes go to https://kahoot.it/#/   @ Review Corporations using   https://kahoot.it/#/

Exit Activity  - Vocabulary Matching Game http://www.quia.com/mc/2521511.html