Description - What is a Company?
Individually read about the Hershey Chocolate Company to discover advantages and entrepreneurial gains by establishing a corporation that will develop, produce and sell a new product.

Objectives
After this activity you need to be able to…
  • …Identify and describe the terms: company, partnership and corporation.
  • …Explain the characteristics, advantages and disadvantages of various types of companies.
  • …Explain how companies are formed.
  • …Describe the benefits of forming a business to sell a product.

Task
  • Read the article on Hershey Chocolate Company individually. (Print it out if needed)
  • Answer these questions as a team using complete sentences.
  • If you finish this week's work begin to create a list of potential public corporations that your team might be investing into by purchasing stock. Companies like Apple, Google, IBM, PP&L, there are hundreds in the U.S. market. Also consider bonds and mutual funds. You'll need to have a list of near 50 corporation on hand to research, so start collecting your winning team portfolio now! Create the list on your wiki site.

Assessment
Be able to discuss in small group discussion the knowledge you individually gained.