Unit 3: Business

What are some of the key roles of a business?
How do the different types of businesses vary?
What are the differences between the three main forms of business ownership?
Which form of business ownership is the most complex and difficult to form?
What are the other specialized forms of business ownership?
What personal characteristics do you have that could help you become a successful entrepreneur?
What are the sources of financing that entrepreneurs use for their new businesses?
What are the other specialized forms of business ownership?
What four points can be used to describe a small business?
What are the elements of a strong business plan?

Describe the changing status of US employment
Discuss the role of business in the US economy
Describe three major types of businesses
Understand the three major forms of business ownership
Determine when each form of business ownership is most appropriate
Recognize other specialized business ownership forms
Identify characteristics of successful entrepreneurs
Recognize the importance of entrepreneurship in the economy
Describe opportunities and risks of entrepreneurship
Recognize the competitive advantages of small businesses
Identify problems faced by many small businesses
Describe the elements of a business plan

• Interactive activities

• Graphic organizer

• Define, understand and use terminology, concepts and principles

• Reading and analyzing embedded text and articles

• Student centered videos

• Analyze videos

• Virtual simulations

• Formative and summative assessments 

• Mastery Based assessmen