1. Types of Businesses & Mergers Mr. Roorda

2. Type #1: Sole Proprietorship  Me, Myself and I  A business owned and operated by a single individual  Most common business structure found in the U.S  Pros?  Cons?  Me, Myself and I  A business owned and operated by a single individual  Most common business structure found in the U.S  Pros?  Cons?

3. Type #2: Partnership  A business owned and operated by two or more people  The least used form of business in the U.S  General Partnership or Limited Partnership  Advantages?  Disadvantages?  A business owned and operated by two or more people  The least used form of business in the U.S  General Partnership or Limited Partnership  Advantages?  Disadvantages?

4. Type #3: Private Corporation  Legally a business where the assets and liabilities are separate from owner  Typically begins as a small business before growing larger and larger  Ups?  Downs?  Legally a business where the assets and liabilities are separate from owner  Typically begins as a small business before growing larger and larger  Ups?  Downs?

5. Running the show  Monopoly- One corporation dominates a certain market  Oligopoly – A select few companies have major influence over an industry within the market  Examples of industries overshadowed by oligopolies  Cable TV  Airline Industries  Cell Phone Services  Auto Industries  Monopoly- One corporation dominates a certain market  Oligopoly – A select few companies have major influence over an industry within the market  Examples of industries overshadowed by oligopolies  Cable TV  Airline Industries  Cell Phone Services  Auto Industries

6. What if you want some of all the action  Conglomerate- A corporation made up of seemingly unrelated businesses  One Company typically owns a stake in a lot of smaller businesses that are not related in what they do at all.  What do mergers have to do with this?  Horizontal Mergers?  Vertical Mergers?  Conglomerate- A corporation made up of seemingly unrelated businesses  One Company typically owns a stake in a lot of smaller businesses that are not related in what they do at all.  What do mergers have to do with this?  Horizontal Mergers?  Vertical Mergers?

7. Production Possibilities Curve  https://www.youtube.com/watch?v=PGaDeJ-oKzQ https://www.youtube.com/watch?v=PGaDeJ-oKzQ  Use the video to help you answer the worksheet  https://www.youtube.com/watch?v=PGaDeJ-oKzQ https://www.youtube.com/watch?v=PGaDeJ-oKzQ  Use the video to help you answer the worksheet

8. Law of Diminishing Returns  http://study.com/academy/lesson/law-of-diminishing-returns-definition-examples-quiz.html

9. Labor Unions  http://www.aflcio.org/About/AFL-CIO-Unions http://www.aflcio.org/About/AFL-CIO-Unions  Design a one pager/poster using construction paper about the labor union you select  Be sure to:  Tell me the name of your union  Who the union represents  When and where it began  What principles are they built on  Why you selected them  http://www.aflcio.org/About/AFL-CIO-Unions http://www.aflcio.org/About/AFL-CIO-Unions  Design a one pager/poster using construction paper about the labor union you select  Be sure to:  Tell me the name of your union  Who the union represents  When and where it began  What principles are they built on  Why you selected them