Lesson Plan

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Lesson Plan
Grade: Date: 17/01/2026
Subject: Business Studies
Lesson Topic: advantages and disadvantages of joint ventures
Learning Objective/s:
  • Describe the definition and key features of a joint venture.
  • Explain at least three advantages of joint ventures for businesses.
  • Analyse potential disadvantages and risks associated with joint ventures.
  • Compare joint ventures with other forms of business organisation.
  • Evaluate a case scenario to decide if a joint venture is appropriate.
Materials Needed:
  • Projector or interactive whiteboard
  • Slide deck summarising JV features, pros and cons
  • Handout with summary table and Venn‑diagram template
  • Case‑study worksheet
  • Markers and flip chart for group brainstorming
 Introduction:
Begin with a quick poll: who has heard of companies teaming up for a project? Recall how businesses sometimes share resources to enter new markets. Today we will explore joint ventures, focusing on their benefits and drawbacks, and you will learn how to assess when they are suitable.
Lesson Structure:
  1. Do‑now (5') – Students list examples of famous joint ventures on sticky notes.
  2. Teacher input (10') – Define joint venture and outline key features using slides.
  3. Guided analysis (12') – Examine the advantages list; students match each advantage to a real‑world example.
  4. Group activity (15') – Small groups analyse a case‑study worksheet, identify potential pros and cons, and decide whether to recommend a JV.
  5. Whole‑class discussion (8') – Groups share findings; teacher highlights common pitfalls and legal considerations.
  6. Check for understanding (5') – Quick quiz (Kahoot/handout) on advantages vs disadvantages.
Conclusion:
Recap that joint ventures can accelerate market entry but bring shared control and risk. Each student writes one advantage and one disadvantage on a slip of paper as an exit ticket. For homework, research a recent joint venture in the news and write a brief evaluation of its likely success.