Tuesday, September 19th- 8th Grade- What is a Corporation?

Archdale-Trinity Middle School Lesson Plan
Date: 09-19-2017

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 corporations

Literacy/Vocabulary Strategies (Word Wall)

Corporate personhood is the legal notion that a corporation, separately from its associated human beings (like owners, managers, or employees), has at least some of the legal rights and responsibilities enjoyed by natural persons(physical humans) .https://en.wikipedia.org/wiki/Corporate_personhood    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. Get out your White Business Definitions Notes        4. Get a pencil

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

Guided Lesson: @ 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/#/  If you were absent on Monday  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.

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