LESSON PLAN-04

DATE- 15/11/19 SUBJECT- Economics PERIOD- 2nd

CLASS- XI TOPIC: FORMS OF BUSINESS ORGANISATION DURATION- 30mins

LEARNING OBJECTIVES:

1.To enable students to understand the concept of business.

2.To enable students to stand the term sole proprietorship and joint hindu family business.
3.To enable students to discriminate the forms of business organisation.

PREVIOUS KNOWLEDGE :-
Students have some basic knowledge about the term business.

INTRODUCTORY QUESTIONS:-

S.NO PUPIL TEACHERS STATEMENT STUDENTS STATEMENT

Q1 An organization or enterprising entity engaged in ANS1- Business.

commercial,industrial or professional activities
known as?

Q2 How many persons are required to commence a ANS2- It can be commenced by one person or more depending upon the
business? forms of business organization.

Q3 How many forms of business organisation can be ANS3- (problematic question)

recognized?
STATEMENT OF AIM:- Today we will study about “DIFFERENT FORM OF BUSINESS”
PRESENTATION:-

TEACHING PUPIL-TEACHER STUDENT RESOURCES WHITEBOARD EVALUATION

POINTS ACTIVITY ACTIVITY WORK

Different DEVELOPMENTARY
forms of QUESTIONS:
business Q1. What is the main motive Ans1-The main
organisation. of business? motive of business is
to earn profit.
Q2Q2.Name some different forms Ans2- 1) Sole
of business organisation? proprietorship MEANING OF SOLE
2) joint hindu family PROPRIETORSHIP
TEACHERS business.
STATEMENT: 3) partnership
SOLE PROPRIETORSHIP;
Sole proprietorship is a
popular form of business
organisation and is the most
suitable form for small The students will
business especially in their listen to the teacher Ques1- Name two
initial years of operations. It is carefully. merits of sole
refers to that form of business proprietorship?
organisation which is owned ,
managed and controlled by an Ques2 - Name two
individual who is a recipient demerits of joint
of all profits and bears all hindu family?
risk.
Meaning of joint DEVELOPMENTARY
hindu family? QUESTION:
Q1. State any one feature
of joint hindu family
business?
Q2. Name the person who
has all the decision taking
powers in joint hindu
family business?
TEACHERS Students will attentively
STATEMENT: listen to the teacher.
It is a specific form of
business organisation found
only in India. It is one of
the oldest forms of business
organisation in the country
. It refers to a form of
organisation where the
business is owned and
carried by the members of
the individual family. It is
governed by the hindu law.
Ans1. It is very easy to
start the joint hindu
family business. It
requires no agreement
Ans2. In Joint hindu
family business all the
decision taking powers
is with one person .
That person is known as
patriarch.
Ques1- joint hindu
MEANING OF
family is governed
JOINT HINDU
by --------------- law.
FAMILY
Ques2- Does we
BUSINESS
need any agreement
in joint hindu family
business?
CLOSURE: There are so many forms of business organisation out of which we have studied about the sole proprietorship and joint hindu
family business. Sole proprietorship is a business which is owned and controlled by a single individual whereas joint hindu family business is
carried by the family members and it is governed by the hindu law?
RECAPITULATION:-
● What are the different forms of business?
● What do you mean by sole proprietorship?
● State any three features of joint hindu family business?

HOMEWORK:-
● Why it is important to choose an appropriate form of business organisation ? Discuss the factors that determine the choice of form of
organisation?

SUPERVISORS REMARK :-