xvi
LESSON PLAN-6
Class
11th
Time
45 min
Subject
Business Studies
Topic
Sole Proprietorship
Instructional Objectives in Behavioural Terms
1) Knowledge
a) The students will be able to define the term Sole Proprietorship.
b) The students will be able to recall features of sole Proprietorship.
2) Understanding
a) The students will be able to explain merits of Sole Proprietorship.
b) The students will be able to describe the Limitations of Sole
Proprietorship.
3) Application
a) The students will be able to differentiate Sole Proprietorship from other
forms of businesses.
b) The students will be able to give example Sole Proprietorship.
4) Skills
a) The students will be able to analyze the term Sole Proprietorship.
b) The students will be able to evaluate the merits of Sole Proprietorship.
Instructional Aids to be Used
Aids in Traditional Classroom - Chalk Board, Chalk, Duster, Pointer etc.,
Aids in Smart Classroom -
Laptop
with
internet
connection,
Smart
board, Projector
Previous knowledge Assumed
It is assumed that students must have knowledge about the concept of
business, industries and trade.
Previous Knowledge Testing Questions
Q1. What is the easiest way to start a business?
Q2. How many people needed to run a shop?
Q3. The business which is run by one single person is known as?
xvii
Presentation
Teacher Activity
Pupil’s Activity
Activity
Teacher will explain in detail Students will listen Teacher will write the
meaning of Sole Proprietorship carefully
by giving them some examples response
of from their surroundings.
and definition
to
question.
of
sole
the Proprietorship on board,
students will write it in
the notebook.
Teacher
will
describe
sole
Teacher will show some
proprietorship as a business
Pictures of shops and
unit where a person is solely
business
responsible for providing the
person only on smart
capital, for bearing the risk of
board with the help of
the
projector.
enterprise
and
for
the
run
by
one
management of business.
Teacher
will
ask
some
questions related to the sole
proprietorship?
Teacher will describe features
Students will listen Teacher will show some
of sole proprietorship.
carefully
i.
Easy
formation
and Pictures on smart board
and participate in the with
the
help
of
closure.
process of teaching projector from internet
ii.
Unlimited liability
and
iii.
Sole
risk
bearer
learning
by connection. Teacher will
and responding to the show
few
pictures
of
profit recipient:
questions asked by firms and business run
iv.
Control
teacher.
v.
No separate entity
vi.
Lack
of
by single owner.
business
continuity
Teacher
will
then
discuss Students
Merits of Sole Proprietorship
participate
will Teacher will show official
by website
of
coca
cola
xviii
i. Quick decision making
asking
ii. Confidentiality of
and answering the
information
quarries company.
questions.
iii.
Direct incentive
iv.
Sense of
accomplishment
v. Ease of formation and
closure
Teacher
will
Limitations
discuss
of
the
Sole
proprietorship.
i. Limited resources
ii. Limited life of a business
concern
iii.
Unlimited liability
iv.
Limited
managerial
ability
Recapitulation
Q1. What do you understand by Sole Proprietorship?
Q2. Discuss in detail merits of Sole Proprietorship?
Homework Assignment
Q1.
Write five points of features of Sole Proprietorship.
Q2.
Write four points to deal with limitations of Sole Proprietorship.
Q3.
Which do you mean by unlimited liability?
xix
LESSON PLAN-7
Class
11th
Time
45 min
Subject
Business Studies
Topic
Joint
Hindu
Family
Business
Instructional Objectives in Behavioural Terms
1) Knowledge
a) The students will be able to define the term Joint Hindu Family Business
b) The students will be able to recall features of Joint Hindu Family
Business.
2) Understanding
a) The students will be able to explain the merits of Joint Hindu Family
Business.
b) The students will be able to describe the Limitations of Joint Hindu
Family Business.
3) Application
a) The students will be able to differentiate Joint Hindu Family Business
from Sole Proprietorship.
b) The students will be able to give example of Joint Hindu Family Business.
4) Skills
a) The students will be able to analyze the merits of Joint Hindu Family
Business.
b) The students will be able to evaluate the limitations of Joint Hindu Family
Business.
Instructional Aids to be Used
Aids in Traditional Classroom - Chalk Board, Chalk, Duster, Pointer etc.,
Aids in Smart Classroom -
Laptop
with
internet
connection,
Smart
board, Projector
Previous knowledge Assumed
It is assumed that students must have knowledge about the concept of
business and Sole Proprietorship.
xx
Previous Knowledge Testing Questions
Q1. Who help a business man to run his business smoothly?
Q2. What we call that business which is run by the whole family?
Presentation
Teacher Activity
Pupil’s Activity
Activity
Teacher will explain in detail Students will listen Teacher will write the
meaning of Joint Hindu Family carefully
Business by giving them some response
examples.
and definition of Joint Hindu
to
question.
the Family
Business
board,
students
on
will
write it in the notebook.
Teacher
Hindu
will
describe
Family
specific
Business
form
organization
Joint
of
Teacher will show some
as
Pictures
business
wherein
Hindu
the
of
law
copy
on
of
smart
board with the help of
business is owned and carried
projector.
only the members of the Hindu
undivided family.
Teacher
will
ask
some
questions related to the Joint
Hindu Family Business.
Teacher will describe features
Students will listen Teacher will show some
of Joint Hindu Family
carefully
Business.
participate in the with
and pictures on smart board
the
help
of
i. Formation
process of teaching projector from internet
ii.
Liability
and
iii.
Control
responding to the show
iv.
Continuity
questions asked by firms and business run
v.
Minor Members
teacher.
Teacher
will
then
learning
discuss Students
Merits of Joint Hindu Family participate
Business
quarry
by connection. Teacher will
few
pictures
of
by Joint Hindu Family.
will Teacher will show Hindu
by succession Act, 1956 on
and internet
and
Hindu
xxi
i.
Effective control
answering
succession (Amendment)
ii.
Continued business
questions.
bill 2004 on projector.
existence
iii.
Limited liability of
members
iv.
Increased loyalty and
cooperation
Teacher
will
limitations
discuss
about
Joint
Hindu
of
Family Business.
i.
Limited resources
ii.
Unlimited liability of
karta
iii.
Dominance of karta
iv.
Limited
managerial
skills
Recapitulation
Q1. What do you understand by Joint Hindu Family Business?
Q2. Discuss in detail other features of Joint Hindu Family Business?
Homework Assignment
Q1.
Write five points of merits of Joint Hindu Family Business.
Q2.
Write four points to limitations of Joint Hindu Family Business.
xxii
LESSON PLAN-8
Class
11th
Time
45 min
Subject
Business Studies
Topic
Partnership
Instructional Objectives in Behavioural Terms
1) Knowledge
a) The students will be able to define the term Partnership.
b) The students will be able to recall features of Partnership.
2) Understanding
a) The students will be able to explain merits of Partnership.
b) The students will be able to describe the Limitations of Partnership.
3) Application
a) The students will be able to differentiate Partnership from Sole
Proprietorship.
b) The students will be able to give example Partnership.
4) Skills
a) The students will be able to analyze the term Partnership.
b) The students will be able to evaluate the merits of Partnership.
Instructional Aids to be Used
Aids in Traditional Classroom - Chalk Board, Chalk, Duster, Pointer etc.,
Aids in Smart Classroom -
Laptop
with
internet
connection,
Smart
board, Projector
Previous knowledge Assumed
It is assumed that students must have knowledge about the concept of Sole
Proprietorship.
Previous Knowledge Testing Questions
Q1. What a solo proprietor can do in case of limitation of limited capital?
Q2. How a sole proprietor can manage to cope with problem of limited
managerial ability?
xxiii
Presentation
Teacher Activity
Pupil’s Activity
Activity
Teacher will explain in detail Students will listen Teacher will write the
meaning
of
Partnership
by carefully
giving them some examples of response
from their surroundings.
and definition of Partnership
to
question.
the on board, students will
write it in the notebook.
Teacher will show copy
Teacher
will
Partnership
is
which
the
subsists
describe
of Indian Partnership act
relation
1932 on smart board
between
with
persons who have agreed to
the
help
of
projector.
combine their property, about
or skill in some business to
share
the
profit
therefrom
between them.
Teacher
will
questions
ask
related
some
to
the
Partnership?
Teacher will describe features
Students will listen Teacher will show some
of Partnership.
carefully
and Pictures on smart board
i. Easy formation
participate in the with
ii.
Liability
process of teaching projector from internet
iii.
Risk bearing
and
iv.
Decision
making
control
help
of
by connection. Teacher will
and responding to the show
few
pictures
of
questions asked by firms and business run
v.
Continuity
vi.
Membership
vii.
learning
the
teacher.
by Partners.
Mutual agency
Teacher
will
then
Merits of Partnership
discuss Students
participate
will Teacher will show official
by website
of
price
xxiv
i. Ease of formation and
asking
closure
quarries waterhouse coopers.
and answering the
ii. Balanced decision making
questions.
iii. More funds
iv. Sharing of risks
v. Secrecy
Teacher
will
discuss
the
Limitations of Partnership.
i. Unlimited liability
ii. Limited resources
iii.
Possibility of conflict
iv.
Lack of continuity
v. Lack of public confidence
Types
of
partners
will
be Students
will Teacher will show some
discussed by the teacher in the participate
class with examples
asking
by Pictures of shops and
quarries business
run
by
i.
Active partners
and answering the Partners on smart board
ii.
Sleeping partners
questions.
iii.
Secret partner
iv.
Nominal partner
v.
Partner by estoppels
vi.
Partner
by
Minor partner
Teacher
will
the
projector.
holding
out
vii.
with
explain
Partnership to the students.
Recapitulation
Q1. What do you understand by Partnership?
Q2. Discuss in detail merits of Partnership?
help
of
xxv
Homework Assignment
Q1.
Write five points of features of Partnership.
Q2.
Write four points of limitations of Partnership.
Q3.
Which do you mean by minor partner?
xxvi
LESSON PLAN-9
Class
11th
Time
45 min
Subject
Business Studies
Topic
Cooperative Society
Instructional Objectives in Behavioural Terms
1) Knowledge
a) The students will be able to define the term Cooperative Society.
b) The students will be able to recall features of Cooperative Society.
2) Understanding
a) The students will be able to explain merits of Cooperative Society.
b) The students will be able to describe the Limitations of Cooperative
Society.
3) Application
a) The students will be able to differentiate between various types of
Cooperative Society.
b) The students will be able to give example Cooperative Society.
4) Skills
a) The students will be able to analyze the term Cooperative Society.
b) The students will be able to evaluate the merits of Cooperative Society.
Instructional Aids to be Used
Aids in Traditional Classroom - Chalk Board, Chalk, Duster, Pointer etc.,
Aids in Smart Classroom -
Laptop
with
internet
connection,
Smart
board, Projector
Previous knowledge Assumed
It is assumed that students must have knowledge about the concept of Profit
organizations.
Previous Knowledge Testing Questions
Q1. What is the basic objective of a business?
Q2. Give some examples of associations having service motive?
Q3. What we call these associations?
xxvii
Presentation
Teacher Activity
Pupil’s Activity
Activity
Teacher will explain in detail Students will listen Teacher will write the
meaning of Cooperative Society carefully
by giving them some examples response
and definition of Cooperative
to
the Society
on
board,
of schools, clubs and libraries question.
students will write it in
from their surroundings.
the notebook.
Teacher will show copy
Teacher
will
Cooperative
describe
Society
voluntary
of
The
as
Cooperative Society act
of
1912 on smart board
association
persons join together with the
with
motive
projector.
of
welfare
of
Indian
the
the
help
of
members.
Teacher
questions
will
ask
related
some
to
the
Cooperative Society?
Teacher will describe features
Students will listen Teacher will show some
of Partnership.
carefully
i. Voluntary membership
participate in the with
ii. Legal Status
process of teaching projector from internet
iii. Limited liability
and
iv. Control
responding to the show
v. Service motive
questions asked by Cooperative Society.
and Pictures on smart board
learning
the
help
of
by connection. Teacher will
few
pictures
of
teacher.
Teacher
will
then
discuss Students
Merits of Cooperative Society
participate
will Teacher will show official
by website
i. Equality in Voting
asking
ii. Limited liability
and answering the
iii. Stable existence
questions.
iv. Economy in operation
of
amul
quarries cooperative venture.
xxviii
v. Support from government
vi. Ease of formation
Teacher
will
Limitations
discuss
of
the
Cooperative
Society.
i. Limited resources
ii. Inefficiency
in
management
iii. Lack of secrecy
iv. Government control
v. Difference of option
Types of Cooperative Society Students
will
be
teacher
discussed
in
the
by
class
the participate
with asking
examples
will Teacher will show some
by Pictures of Cooperative
quarries Society on smart board
and answering the with
i. Consumer’s
Cooperative questions.
Society
ii. Producer’s
Cooperative
Society
iii. Marketing
Cooperative
Society
iv. Farmer’s
Cooperative
Society
v. Cooperative housing Society
Teacher
will
explain
Cooperative
Society
to
the
students.
Recapitulation
Q1. What do you understand by Cooperative Society?
Q2. Discuss in detail merits of Cooperative Society?
the
projector.
help
of
xxix
Homework Assignment
Q1.
Write five points of features of Cooperative Society.
Q2.
Write four points of limitations of Cooperative Society.
Q3.
Which do you mean by Cooperative housing Society?
xxx
LESSON PLAN-10
Class
11th
Time
45 min
Subject
Business Studies
Topic
Joint Stock Company
Instructional Objectives in Behavioural Terms
1) Knowledge
a) The students will be able to define the term Joint Stock Company.
b) The students will be able to recall features of Joint Stock Company.
2) Understanding
a) The students will be able to explain merits of Joint Stock Company.
b) The students will be able to describe the Limitations of Joint Stock
Company.
3) Application
a) The students will be able to differentiate between Private and Public
company.
b) The students will be able to give example Joint Stock Company.
4) Skills
a) The students will be able to analyze the term Joint Stock Company.
b) The students will be able to evaluate the merits of Joint Stock Company.
Instructional Aids to be Used
Aids in Traditional Classroom - Chalk Board, Chalk, Duster, Pointer etc.,
Aids in Smart Classroom -
Laptop
with
internet
connection,
Smart
board, Projector
Previous knowledge Assumed
It is assumed that students must have knowledge about the concept of
forms of business organization.
Previous Knowledge Testing Questions
Q1. What is the maximum limit of member in partnership?
Q2. What can be done if the number of partners is needed to be increased
then 20?
xxxi
Presentation
Teacher Activity
Pupil’s Activity
Activity
Teacher will explain in detail Students will listen Teacher will write the
meaning
of
Joint
Stock carefully
Company by giving them some response
examples
from
and definition of Joint Stock
to
their question.
surroundings.
the Company
on
board,
students will write it in
the notebook.
Teacher will show copy
Teacher
will
describe
Joint
of The Companies act
Stock Company as voluntary
1956 on smart board
association of individuals for
with
profit, having a capital divided
projector.
the
help
of
into transferable shares, the
ownership
of
which
is
the
condition of membership.
Teacher
questions
will
ask
related
some
to
the
Cooperative Society?
Teacher will describe features
Students will listen Teacher will show some
of Joint Stock Company.
carefully
i. Artificial Person
participate in the with
ii. Separate Legal entity
process of teaching projector from internet
iii. Limited liability
and
iv. Formation
responding to the show
v. Perpetual succession
questions asked by Joint Stock Company.
vi. Control
teacher.
learning
and Pictures on smart board
the
help
of
by connection. Teacher will
few
pictures
of
vii. Common seal
viii.
Risk bearing
Teacher
will
then
discuss Students
Merits of Joint Stock Company
participate
will Teacher will show official
by website of BHEL, Luxor
xxxii
I.
Limited liability
asking
II.
Transfer of interest
and answering the ltd. To the students
III.
Perpetual existence
questions.
IV.
Scope for expansion
V.
quarries writing instruments pvt.
Professional management
Teacher
will
Limitations
discuss
of
Joint
the
Stock
Company.
i. Lack of secrecy
ii. Impersonal
work
environment
iii. Numerous regulations
iv. Delay in decision making
v. Oligarchic management
vi. Conflict of interest
Types
of
Company
will
be Students
discussed by the teacher in the participate
class with examples
asking
will Teacher will show some
by Pictures
quarries Company
Joint
Stock
on
smart
i. Private company
and answering the board with the help of
ii. Pubic Company
questions.
Teacher
Stock
will
explain
Company
to
projector.
Joint
the
students.
Recapitulation
Q1. What do you understand by Joint Stock Company?
Q2. Discuss in detail merits of Joint Stock Company?
Homework Assignment
Q1.
Write five points of features of Joint Stock Company.
Q2.
Write four points of limitations of Joint Stock Company.
Q3.
Differentiate between Public and private company?