Accounting 10, 20, 30
Course Configurations
Investigate different types of businesses and options for ownership.
Indicators for this outcome
| (a) | Identify various forms of business ownership including sole proprietorship, partnership and corporations including cooperatives. |
| (b) | Summarize components of sole proprietorship, partnership, or incorporation. |
| (c) | List different types of businesses such as merchandising, manufacturing, service and e-commerce. |
| (d) | Distinguish which businesses found in the local community are sole proprietorship, partnerships and corporations. |
| (e) | Investigate businesses found in the province of Saskatchewan, in Canada and globally. |
| (f) | Explore the inquiry question: How is a corporation like a democratic government structure (e.g., provincial government, city/town council, First Nations Band Council)? |
| (g) | Discuss the contributions that different organizations or businesses (e.g., cooperatives, Crown Corporations, First Nations band councils and Métis communities) have made to Saskatchewan. |
| (h) | Research how the lifestyles and worldviews of First Nations peoples impact decisions related to business organization (e.g., benefit of the community compared to the benefit of the individual). |
| (i) | Research ownership structures that are permitted on First Nations land as it relates to the implications of the Indian Act (e.g., A First Nation band is not a corporation). |
| (j) | Present the characteristics and process of forming partnerships and/or corporations. |
| (k) | Generate a simple partnership agreement (e.g., a partnership must always equal 100 percent but does not need to be 50/50) based on an example in an area of interest. |
| (l) | Create a simple articles of incorporation for a corporation based on an area of interest. |
| (m) | Construct and explain a business ownership solution (sole proprietorship, partnership, corporation) based on given scenarios. |
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