BUSINESS STUDIES

GRADE : 10TERM 2

TOPIC 4: FORMS OF OWNERSHIP

RESOUESES USED

• This tes has used the following recourses • SLIDES• MINDMAPS• GRAPHS• PICTURES

The above mindmap

• Gives clarification of what forms of ownership is all about• It has all the content & picures• So it can be a good introduction /invitation slide• Learners can identify what business/ownerships do they

see• Then explain the concept of ownership

For the content• Therefore this resources will help learners develop or think of other

different business that may present the different forms of ownership• It where they have to think and reflect to businesses they know maybe

from around in the community. That’s where the characteristics of Authentic activities provide the opportunity to reflect and Authentic activities have real-world relevance. As learners are now exposed to different businesses other than spaza shops

• Learners can develop their own mind map that will help when it comes to advantages and disadvantages of each of the four ownerships

Advantages and DisadvantagesLtd• Easier to attract new shareholders due to limited liability• Tend to be smaller, therefore shareholders can be closer to the

business operation• Shareowners usually run the business and look for long term

profit maximisation• Less capital than PLC’s

Plc• More information has to be given out and made public (which can

be costly to prepare)• More rules regarding business practice• Short term share investment discourages enterprise• Can raise large amounts of capital from selling shares• Gives the company prestige.

Partnership• A partnership has between 2 - 20 owners.• The partners have unlimited liability – if

the business goes bankrupt they can lose personal possessions.• Partners share the risks, can both put in

ideas and share the profits.• Disagreements may occur.• A Deed of Partnership is a legal document

which may be drawn up to agree the details of the partnership

Different pictures on ownership

Continues………

• Learners can work in pairs or groups. That where the charectostics of collaboration because learners can brainstorm different ideas and can again be able to do this on their own individually.

• Then as a teacher will explain the advantages and disadvantages to the learners from what they came up with.

• This lesson as a whole encourages the characteristics of Authentic activities are seamlessly integrated with assessment and Authentic activities allow competing solutions and diversity of outcome

QUESTIONS FOR REFLECTION

Question 1

a. What is meant by the term ‘public limited company’?b. Describe two characteristics of a public limited company.c. What is the difference between the forms of ownershipd. Leaners can research different pictures of ownership.