Archdale-Trinity Middle School
Lesson Plan
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Date: 02-23-2018
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Teacher:
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Witkowski
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Lesson/Unit Topic:
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Types of Business Organizations-
Corporations
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Standards:
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NCCTE.BU20.01.02 Understand the types of business organizations.
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“I Can…” Statement
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I can explain what a corporation is.
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Literacy/Vocabulary Strategies (Word Wall)
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In a partnership, you share talents and skills.
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Bell-Ringer/Connecting Strategy
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3. Get out your White Business Definitions Notes
4. Get a pen or pencil
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Lesson-Instructional Strategies & Procedures for Teacher and Students
(Detailed Plans Including Best Practices, Researched Based Strategies)
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Guided Lesson:
@ Partnership question....
Was it easier with a partner? Why?
Was it harder with a partner? Why?
@ Why is a Partnership Agreement important?
@ Did you follow your partnership agreement?
Review Partnerships https://www.youtube.com/watch?v=1H11bgEVgLc
Independent Exercise:
@ Students will complete corporation notes.
@ What is a Corporation?
@ What are examples of a Corporation?
@ What are the advantages and disadvantages of a corporation?
@ In groups of 3 students will complete business simulation at
@ Try managing a business by going
to http://igrezadecu.com/hot-shot-business/
@Choose a pet shop, skate board shop or a comic book shop
@ Let's think about how you used the different functions of business in your shop.
@ Let's look back at the definition of a partnership how does it apply to your business experience during this game.
If time:
Start 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.
@ How the stock market works? https://www.youtube.com/watch?v=GnJCOof2HJk
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
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Vocabulary Matching Game
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