BUSINESS STUDIES GRADE 10 TERM TWO FORMS OF OWNERSHIP 2020
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Lesson Plan Business Studies Grade 10 Forms of Ownership
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- Forms of Ownership Simplified
Let me simplify forms of ownership for you, making it quick and easy to remember. If you can grasp these key facts, then you are on your way to excelling in this topic.
This content is relevant to all Business Studies learners and educators, Grade 10 – 12, and is aligned with the CAPS curriculum.
Table of Contents
These Two Forms of Ownership Are NOT Companies
In South Africa, the following types of businesses or forms of ownership are not considered companies because they are not formally registered as such:
Not Companies
- Sole Trader
- Partnership
Shared Characteristics
- Not registered as companies
- No separate legal entity
- No continuity
- Unlimited liability
- Flexible naming
These Are Companies
Only these are considered companies, as stated in their names. Remember, in South Africa, if it doesn’t say “company” in the name, then it is not a company:
- Private Company: (Pty) Ltd – [Proprietary Limited]
- Public Company: Ltd – [Limited]
- Personal Liability Company: (Inc) – [Incorporated]
- State-Owned Company: SOC Ltd
- Non-Profit Company: NPC
- Registered with the Companies and Intellectual Property Commission (CIPC)
- Memorandum of Incorporation (MOI)
- Separate legal entity
- Limited liability (except Personal Liability Company)
- Restrictions on names
Public vs State-Owned Company
Public company.
- Owned by shareholders (members of the public)
- Can list on the Johannesburg Securities Exchange (JSE)
- Name ends with “Ltd”
State-Owned Company
- Government-owned
- Name may include “SOC”
Private vs Personal Liability Company
Private and personal liability companies have many characteristics in common. The two key differences are:
Private Company
- Limited liability
- Name ends with “(Pty) Ltd”
Personal Liability Company
- Directors have unlimited liability
- Name ends with “(Inc)”
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November 20, 2023
Forms of Ownership
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GDE BUSINESS STUDIES GRADE 10 NOTES CHAPTER 9 6 1.4 Classification of forms of ownership according to profit and non-profit companies Forms of ownership: Companies Classification according to non & non-profit companies • Private Companies: to be reflected as Proprietary Limited or (Pty) Ltd • Personal Liability Companies: to be
GRADE 10 BUSINESS STUDIES P2 ... TWO essay- type Questions CHOICE: Answer ONE. 5 40 30 minutes 6 40 ... Forms of ownership refer to the type of business selected by a business owner. Different forms of ownership are suitable for different kinds of business. Author: HAntunes
GDE BUSINESS STUDIES GRADE 10 NOTES CHAPTER 9 1.1 Factors to be considered when choosing a form of ownership • The size and nature of the business • The way in which the business is controlled and managed/ Management • Who bears the risk/ Risk bearing • How capital is going to be raised • How profits and losses will be dealt with/ Sharing of Profit • Who is responsible for any ...
Gr 10 Business Studies - Forms of Ownership Lesson Plan. Gr 10 Business Studies - Forms of Ownership Lesson Plan ... Grade R Grade 1 Grade 2 Grade 3 Grade 4 Grade 5 Grade 6 ... NSC Past Papers & Memos NSC Exam Timetable NSC Exam Results FET Exemplars ...
INFORMAL ACTIVITIES ON FORMS OF OWNERSHIP GRADE: 10 TERM 2: POST COVID-19 ACTIVITY: 2 WEEK: 3 & 4 REFER TO CHAPTER 7 NOTES DATE: THIS ACTIVITY CONSISTS OF 2 PAGES . GDE/BUSINESS STUDIES Forms of ownership 2020 Post covid-19 2 2.1 Outline any FIVE factors that should be considered when choosing a form of ownership. ... Write an essay on a state ...
CHAPTER 8 BUSINESS STUDIES GRADE 10 TERM TWO CHAPTER 8 WEEK 4 FORMS OF OWNERSHIP PART 1 2021 CHAPTER 8 TABLE OF CONTENTS TOPICS PAGES. Exam guidelines for forms of ownership 3 Terms and definitions 4 Factors that must be considered when choosing a form of ownership.
The information is based on the Via Afrika Business Studies Grade 10 Learners Book. Share. Students also viewed. Law of Delict: Harm . 12 terms. TeeMaan. Preview. 6.2 Shareholders' Agreements. 34 terms. ... A form of ownership with 1-10 members, who have limited liability for debts of the business. About us. About Quizlet; How Quizlet works ...
STEP 4: Differences between the 2 Types of Ownership. Having viewed the video recordings and the pictures, learners will work in groups of 4. to identify the 2 different forms of ownership and list the main differences. Each group. will be given an A2 chart paper, newspaper and magazines, markers and glue and.
💭If you would like to join our lessons live, head over to the link below.💭 https://stemdigitalschool.africateengeeks.co.za/ Students with access...
Forms of Ownership Simplified. Let me simplify forms of ownership for you, making it quick and easy to remember. If you can grasp these key facts, then you are on your way to excelling in this topic. This content is relevant to all Business Studies learners and educators, Grade 10 - 12, and is aligned with the CAPS curriculum.
Welcome back to my channel. Don't forget to like, comment and subscribe. #road to 100 subscribers In this video I will discuss: Forms of ownership- Sole Prop...
BUSINESS STUDIES Grade 10 Term 2 . Task: 02 PRESENTATION . Marks : 50 . ... BUSINESS VENTURES: Forms of Ownership . FINAL MARK . 50 . 6 : I NSTRUCTIONS TO LEARNERS : 1 You are requested to complete this task to indicate your . understanding of the following topics: • Contemporary socio-economic issues • Forms of ownership .
1.2.1 Information in the form of a ... is an example of a non-verbal presentation. 1.2.2 Theron used a … process to identify strategies that will bring about change. 1.2.3 A/An … is a person or business renting a property. 1.2.4 The … has the benefit of corporate existence and perpetual succession.
Business Studies will help you to plan ahead and to maintain a good work ethic. This means that you are going to have to work quite hard but not without rewards. This Study Guide eBook was designed to help you to reach your goals for Business Studies. It is summarised in point form to make it easier for you to memorise. An effective way to use
gr 10 Business studies Forms of ownership. Flashcards. Learn. Test. Match. Flashcards. Learn. Test. Match. Created by. maritha_d. Terms in this set (35) Borrowed capital. ... Grade 10 Bust MD teamwork. 24 terms. maritha_d. Gr10 Production function. 30 terms. maritha_d. Gr 12 Human Capital- 2019 MD. 52 terms.
The subject encompasses business principles, theory and practice that underpin the development of entrepreneurial initiatives, sustainable enterprises and economic growth. The Business Studies curriculum is covered in the FET-phase from Grade 10 - 12. Throughout the phase the the content is divided into the following four Main Topics ...
Forms of business ownership for grade 10 learners. Mar 6, 2014 • Download as PPT, PDF •. 8 likes • 5,929 views. Dillyn Mokoena. This power point slide is mainly about the different forms of ownership and it focuses mainly on the Sole proprietorship, Partnerships And Corporations. As these forms of ownership are distinctive from one ...
TOPIC 2: FORMS OF OWNERSHIP Outline/Name the FACTORS THAT MUST BE CONSIDERED when choosing a form of ownership. CONCEPTS DESCRIPTION 1. LEGAL PERSON. The legal right of a person or business to own property, enter; into contracts and sue or be sued. 2. CONTINUITY. The ability of the business to continue after the death or
Business Studies Grade 12 lecture notes; Related Studylists BMA BMI FNA15. Preview text. Forms of ownership Overview Forms of ownership Sole proprietor Close corporation ... Question 5: Essay question Form of ownership: Rubric to use: Introduction 3. Convert to 32. Facts: Characteristics Advantages Disadvantages. 2 max. 12 max. 12max. 30 max.
Views. 6609. There are three different forms of business ownership, the Sole Proprietorship, the Partnership, and the Corporation. Each of these businesses have major advantages and disadvantages. The sole proprietorship is a business which is owned and managed by one individual. Some of its advantages are, the ease of formation, its management ...
GDE BUSINESS STUDIES GRADE 10 NOTES CHAPTER 6 6 6.3.3 Trade marks • Registration of the use of a brand name/slogan/symbol or a combination to make a product or services recognisable and known. • A unique mark that represents a business enterprise and which belongs to the business enterprise. • Includes words/slogans/sign etc.
Form of ownership The legal position of the business and the way it is owned. Continuity Continue to exist even if a change of ownership takes place, e.g a member or shareholder dies or retires. Surety If a person or business accepts liability for the debt of another person or business. Securities Shares and bonds issued by a company.