Page 68 - Business Studies 11-12 (2006)

ENTREPRENEURSHIP: VENTURE PLANNING IN AN ELECTRONIC AGE, GRADE 12, COLLEGE PREPARATION (BDV4C) 67
Types of Ventures
By the end of this course, students will:
– compare the various types of ventures (e.g., e-tail compared with retail, offering a service compared with producing a good, selling retail compared with selling wholesale);
– outline the importance of incorporating ethical practices and social responsibility in the operating of a venture;
– compare the various forms of business ownership (e.g., sole proprietorship, part- nership, corporation, cooperative, fran- chise) and select the one most appropriate for their chosen opportunity and idea.