Understanding Cooperatives

UNIT 1—The American Business Enterprise System

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Printable Documents Unit 1

Teaching Tools:
Instructor Discussion Guide
Handout 1
Quiz 1
Quiz 1 Answers
Unit 1 PowerPoint Slides
S 1.1  Principles of Our Business System
S 1.2  Individually Owned
S 1.3  Partnership
S 1.4  Investor-Owned Corporation
S 1.5  Cooperative Corporation
S 1.6  Hybrid-Limited Liability Company
S 1.7  Comparison of Am. Bus. Types
S 1.8  Ownership/Profit Incentive

Teacher References
CIR 55: Co-ops 101
CIR 5: Cooperatives in Agribusiness
CIR 11: Cooperatives: What They Are and the Roles of Directors, Members, Management, and Employees (chapter 1)
CIR 11 Chapter 1 PowerPoint
CIR 45, Section 1: The American System of Business

Student References
CIR 5: Cooperatives in Agribusiness
CIR 11: Cooperatives: What They Are and the Roles of Directors, Members, Management, and Employees (chapter 1)
CIR 45, Section 1: The American System of Business
 

Unit 1 - The American Business Enterprise System

Objective

The objective of this unit is to teach the student how to: 1) recognize how businesses are organized in the United States, 2) identify the characteristics of each form of business, and 3) discuss how the members/owners benefit from each.

After completion, the student should:

1. Be able to write a short paragraph describing the "Free" or "Private" enterprise system in America.

2. Have a working knowledge of the four basic principles of the U.S. business system.

3. Know the four basic ways American businesses are generally organized.

4. Be aware of the two subdivisions of a corporation.

5. Be able to discuss the characteristics of the methods of doing business.

Instructor Directions

1. Become familiar with the discussion guide and reference materials.

2. Lead the discussion using PowerPoint slides and/or the selected references
    provided. The discussion guides serve as an outline.

3. If possible, invite representatives from the differing types of business ownerships to speak to the class as resource people. Give the provided handout to the students. The students should complete the handout as each speaker is asked the appropriate questions. (or you can instruct the students to fill it out as an exercise)

4. An alternative to #3, if time and circumstances permit, would be an on site visit to each (or some) of the types of businesses. Students should then complete the handout from the information gained during the field trip(s).
 


Understanding Cooperatives Instructional Program
Developed by: Rural Development - Cooperative Programs, U.S. Department of Agriculture
Cooperative Programs Website