Exploring+Business-Chapter+4

Tuesday, October 12: 1. Read Section 4-1 2. Complete the assignment //Copy all work onto a Word document. Once you have answered all questions using complete sentences, send as an e-mail attachment to jgrams@hlv.k12.ia.us Use "Section 4-1" as the Subject// 1. A proprietorship, the most common form of business ownership, accounts for about 75% of all U.S. businesses. List four advantages and four disadvantages of a proprietorship.
 * Reviewing What You Read:**


 * Exercise:**
 * 1.** If you were going to open your own business...What would it be? What would you need to consider? List all considerations. What education will you need to start your business? How many employees will you have? Will you have to hire someone to do the payroll? How will you track inventory?

Wednesday, October 13: 1. Read Section 4-2 2. Complete the assignment //Copy all work onto a Word document. Once you have answered all questions using complete sentences, send as an e-mail attachment to jgrams@hlv.k12.ia.us Use "Section 4-2" as the Subject// 1. Partnerships account for about 6% of U.S. businesses. Identify three advantages and three disadvantages of a partnership.
 * Reviewing What You Read:**

1. Click [|here] to read about the success of The Chocolate Farm ("Siblings Taste Success, and How Sweet It Is"). Answer these questions: (1) What makes The Chocolate Farm successful? (2) What role does each partner play in the success of the business? 2. Research Mars, Inc. What resources were needed to start the business? What products does the company sell?
 * Exercises:**

Thursday, October 14: 1. Read Section 4-3 2. Complete the assignment //Copy all work onto a Word document. Once you have answered all questions using complete sentences, send as an e-mail attachment to jgrams@hlv.k12.ia.us Use "Section 4-3" as the Subject// 1. What is the role of shareholders in a corporation? 2. What is the role of the board of directors in a corporation? 3. Identify two advantages a corporation has over a proprietorship and a partnership. 4. Identfiy two disadvantes a corporation has over a proprietorship and a partnership.
 * Reviewing What You Read:**

1. Read the client stories in the file, [|Sweet Opportunities,] and prepare written recommendations as to which business organization you believe to be best for that client. Make sure to provide reasons for your recommendations as well as list at least one negative with suggestions on how to minimize that negative effect.
 * Exercise:**

Friday, October 15:
 * Business Magazine:** Spend this class period working on your magazine with your partner(s). I will check your progress on Monday.