Warm Up List the two types of mergers covered yesterday. Explain one.
Unit 2 Lesson 2 Business Types (Continued) & Mergers.
-
Upload
branden-kelly -
Category
Documents
-
view
225 -
download
0
Transcript of Unit 2 Lesson 2 Business Types (Continued) & Mergers.
![Page 1: Unit 2 Lesson 2 Business Types (Continued) & Mergers.](https://reader036.fdocuments.net/reader036/viewer/2022062423/5697bfd41a28abf838cac911/html5/thumbnails/1.jpg)
Unit 2 Lesson 2
Business Types (Continued)
&
Mergers
![Page 2: Unit 2 Lesson 2 Business Types (Continued) & Mergers.](https://reader036.fdocuments.net/reader036/viewer/2022062423/5697bfd41a28abf838cac911/html5/thumbnails/2.jpg)
Create a Poster About Your Business
• Your logo and business name should feature prominently.
• Include an “information” section, which includes the following:– Nature of the business (What is being produced?)– Amount of start-up money used.– Source of the start-up money.– Partner profit division percentages.– Percent of the business publicly offered.
![Page 3: Unit 2 Lesson 2 Business Types (Continued) & Mergers.](https://reader036.fdocuments.net/reader036/viewer/2022062423/5697bfd41a28abf838cac911/html5/thumbnails/3.jpg)
Do corporations have moral responsibilities?
Structured Academic Controversy
![Page 4: Unit 2 Lesson 2 Business Types (Continued) & Mergers.](https://reader036.fdocuments.net/reader036/viewer/2022062423/5697bfd41a28abf838cac911/html5/thumbnails/4.jpg)
Merger Activity
![Page 5: Unit 2 Lesson 2 Business Types (Continued) & Mergers.](https://reader036.fdocuments.net/reader036/viewer/2022062423/5697bfd41a28abf838cac911/html5/thumbnails/5.jpg)
Mergers
• Horizontal merger: businesses make same/similar product
• Vertical merger: businesses make products at different stages of production of the same good
• Conglomerate: products are not related in any way
![Page 6: Unit 2 Lesson 2 Business Types (Continued) & Mergers.](https://reader036.fdocuments.net/reader036/viewer/2022062423/5697bfd41a28abf838cac911/html5/thumbnails/6.jpg)
It’s a Horizontal Merger
• If:
• Wachovia merges with Wells Fargo
![Page 7: Unit 2 Lesson 2 Business Types (Continued) & Mergers.](https://reader036.fdocuments.net/reader036/viewer/2022062423/5697bfd41a28abf838cac911/html5/thumbnails/7.jpg)
It’s a Vertical Merger
• If:• A lumber mill• &• A baseball bat maker • &• A sporting goods store• Merge together
![Page 8: Unit 2 Lesson 2 Business Types (Continued) & Mergers.](https://reader036.fdocuments.net/reader036/viewer/2022062423/5697bfd41a28abf838cac911/html5/thumbnails/8.jpg)
It’s a conglomerate if:
• An airplane company, television network, bank, & electricity company merged together.
![Page 9: Unit 2 Lesson 2 Business Types (Continued) & Mergers.](https://reader036.fdocuments.net/reader036/viewer/2022062423/5697bfd41a28abf838cac911/html5/thumbnails/9.jpg)
Merger Worksheet
![Page 10: Unit 2 Lesson 2 Business Types (Continued) & Mergers.](https://reader036.fdocuments.net/reader036/viewer/2022062423/5697bfd41a28abf838cac911/html5/thumbnails/10.jpg)
Business Type Quiz
![Page 11: Unit 2 Lesson 2 Business Types (Continued) & Mergers.](https://reader036.fdocuments.net/reader036/viewer/2022062423/5697bfd41a28abf838cac911/html5/thumbnails/11.jpg)
1) Which is the biggest disadvantage of a sole proprietorship?
• A) Price Leadership
• B) Interdependence
• C) Double Taxation
• D) High Personal Liability
![Page 12: Unit 2 Lesson 2 Business Types (Continued) & Mergers.](https://reader036.fdocuments.net/reader036/viewer/2022062423/5697bfd41a28abf838cac911/html5/thumbnails/12.jpg)
2) What is the name for the document that spells out how partners divide their profits &
losses?
• A) Charter
• B) Contract of Terms
• C) Articles of Partnership
• D) Stock Certificate
![Page 13: Unit 2 Lesson 2 Business Types (Continued) & Mergers.](https://reader036.fdocuments.net/reader036/viewer/2022062423/5697bfd41a28abf838cac911/html5/thumbnails/13.jpg)
3) Which business type can generally raise the most financial
capital?
• A) sole proprietorship
• B) small business
• C) partnership
• D) corporation
![Page 14: Unit 2 Lesson 2 Business Types (Continued) & Mergers.](https://reader036.fdocuments.net/reader036/viewer/2022062423/5697bfd41a28abf838cac911/html5/thumbnails/14.jpg)
4) Owners of corporations have:
• A) Unlimited Liability
• B) Limited Liability
• C) the responsibility of managing the corporation.
• D) difficulty transferring ownership.
![Page 15: Unit 2 Lesson 2 Business Types (Continued) & Mergers.](https://reader036.fdocuments.net/reader036/viewer/2022062423/5697bfd41a28abf838cac911/html5/thumbnails/15.jpg)
5) How many times is corporate income taxed?
• A) Corporate income is not taxed.
• B) 1 time
• C) 2 times
• D) 3 times