Lesson Objectives
At the end of the lesson students should be able to;
• Sole traders, partnerships, private and public limited companies, franchises and joint ventures
• Differences between unincorporated businesses and limited companies
• Concepts of risk, ownership and limited liability
• Recommend and justify a suitable form of business organisation to owners/management in a given situation
• Business organisations in the public sector, e.g. public corporations
Class Activities at the end.Prepared for KS3 Business Studies
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