ABM Detailed Lesson Plan 4

A Detailed Lesson Plan in Accounting, Business and Management
Prepared by: Ms. Irene B. Pamintuan
I. Objective
At the end of the lesson, the students will be able to
a. Define the meaning of management
b. to identify the forms of business organizations by nature of ownership.
c. give examples of businesses in my community and identify their form
d. identify the advantages and disadvantages of the four forms of business
II. Subject Matter

Forms of Business Organizations
Reference: Partnerships (Title IX). Civil Code of the Philippines. Materials: power point
presentation and video presentation
Values: Following instruction, being attentive and focused, and being patient.
III. Procedure
Learning Activities
Teacher’s Activities Student’s Activities
“Good morning class” “Good morning ma’am”
“Before we start the class proper, let us pray “ A student will lead the prayer”
first.”
(Checking of Attendance)
The student will say “present” if they are in
Say “present” if you are here. the class.
Motivation “Some will answer yes or no”
Do you want to be in business?

What business you want to put up and why? Students will answer on their own opinion
How much is your daily allowance? Students will answer on their own opinion
Do you know that your daily allowance can

own a company?
(link the question to their answer)
Lesson Proper
Discussing Forms Organizations
Presentations
Forms of Business Organizations

Students will answer on their own opinion
(Identify to the learners about single
proprietorship)
● Single Proprietorship
● A form of business is owned by one person;

the simplest, and the most common form of
business organization
● It is not separate from the owner. The business

and the owner are inseparable
Advantages of sole/single proprietorship.
● The owner keeps all the profits.
● The owner makes all the decisions.
● It is easy to form and operate.
● Disadvantages of sole/single proprietorship Students will answer on their own opinion
● The life of the business is limited to the life of

the owner. Once the owner dies, the business
will cease to operate under the name of the
proprietor.
● The amount of capital is limited only by the

wealth of the proprietor.
● Partnerships
● A form of business owned by two or more

persons. The details of the arrangement
between the partners are outlined in a written
document called articles of partnership.
● Profits are divided among partners based on

their agreed sharing.
● The owner is called a partner.
Advantages of a partnership
● The profits are divided among the partners.
● A partner can be held liable for the acts of the

other partners.
● In a lawsuit, the personal properties of the

partners can be held beyond their contributions
and may be used to answer for any liability of
the partnership.
●
● Corporation
o A corporation is a business organized

as a separate legal entity (artificial
person) under the corporation law with
ownership divided into transferable
shares of stocks
o Emphasize that it is the law

(Corporation Code of the Philippines)
that creates a corporation.
o The corporation begins its existence

from the date the Articles of
Incorporation is approved by the
Securities and Exchange Commission
(SEC).
o The SEC (Securities and Exchange

Commission) is the government
agency primarily tasked to regulate
private corporations in the Philippines.
o The owners are called stockholders or

shareholders.
o The word
‘Corporation/Incorporation/Corp./Inc.’
appears in the name of the entity.
o The voting rights of a shareholder are

generally based on the percentage of
ownership.
o The management of the business is

delegated by the shareholders to the
Board of Directors
o The ownership is divided into shares

and the value of one share may be
denominated at a smaller amount, for Students will answer on their own opinion
example at PHP10 per share.
o The proof of ownership is evidenced

by a stock certificate.
Advantages of a corporation
o Can easily raise additional funds by

selling shares of stocks to the public.
o Shareholders are not personally liable

for the debts of the corporation. The
extent of their liability is limited to
their equity (ownership) in the
corporation.
Disadvantages of a corporation
o It is relatively complicated to set up.
o Subject to several legal restrictions as

listed in the Corporation Code of the
Philippines
● Cooperatives
A cooperative is a duly registered association

of persons with a common bond of interest,
voluntarily joining together to achieve their
social, economic and cultural needs.
● Enjoys certain tax exemption privilege
● Promotes the concept of sharing resources
Disadvantages of a Cooperative
● Limited distribution of surplus
● Requires continuous education programs for

members.
● The members have active and direct

participation in the business of the
cooperative.
● The owners are called members who

contribute equitably to the capital of the
cooperative.
● The members are expected to patronize their

products and services.
● The word ‘cooperative’ appears in the name of

the entity.
● This form of business organization is regulated

by the Cooperative Development Authority
(CDA).
Applications
Divide the class into four groups.

1. Assign each student a form of business
organization.
2. Ask each student to list 1 business in their

locality or in the country
2.1 The learner will identify the
business activities, products or
services offered by each business


Students will identify different the nature of
assigned forms of business
Students will identify the services of every

business in their locality
IV. Evaluation
School Division of Mabalacat City

Mabalacat City, 2010
Activity in ABM
Name: _________________________________ Grade 11-Section Kagitingan
Date: __________________________________ Homework No. 1
1. Enumerate all the forms of business organizations by nature of ownership.

2. Differentiate a corporation from a partnership according to number of owners and their
liabilities.
3. Differentiate a corporation from cooperative.
4. Give two examples of corporations in the Philippines.
5. Give two examples of cooperatives in the Philippines.
V. Assignment
Research 5 rugs to riches owners of businesses in the Philippines and their successful stories

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A Detailed Lesson Plan in Accounting, Business and Management

Prepared by: Ms. Irene B. Pamintuan

II. Subject Matter

Teacher’s Activities Student’s Activities

“Good morning class” “Good morning ma’am”

Motivation “Some will answer yes or no”

Do you want to be in business?

Do you know that your daily allowance can

(link the question to their answer)

Discussing Forms Organizations

Forms of Business Organizations

● A form of business is owned by one person;

● It is not separate from the owner. The business

● The owner keeps all the profits.

● The owner makes all the decisions.

● It is easy to form and operate.

● Disadvantages of sole/single proprietorship Students will answer on their own opinion

● The life of the business is limited to the life of

● The amount of capital is limited only by the

● A form of business owned by two or more

● Profits are divided among partners based on

● The owner is called a partner.

● The profits are divided among the partners.

● A partner can be held liable for the acts of the

● In a lawsuit, the personal properties of the

o A corporation is a business organized

o Emphasize that it is the law

o The corporation begins its existence

o The SEC (Securities and Exchange

o The owners are called stockholders or

o The voting rights of a shareholder are

o The management of the business is

o The ownership is divided into shares

o The proof of ownership is evidenced

o Can easily raise additional funds by

o Shareholders are not personally liable

o It is relatively complicated to set up.

o Subject to several legal restrictions as

A cooperative is a duly registered association

● Enjoys certain tax exemption privilege

● Promotes the concept of sharing resources

● Limited distribution of surplus

● Requires continuous education programs for

● The members have active and direct

● The owners are called members who

● The members are expected to patronize their

● The word ‘cooperative’ appears in the name of

● This form of business organization is regulated

Divide the class into four groups.

2. Ask each student to list 1 business in their

Students will answer on their own opinion

Students will answer on their own opinion

Students will identify the services of every

School Division of Mabalacat City

Name: _________________________________ Grade 11-Section Kagitingan

Date: __________________________________ Homework No. 1

1. Enumerate all the forms of business organizations by nature of ownership.

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