Types of Business

Students portfolio will be graded based on the following

Questions	Allotment of	marks
1. Definition of each business organization (2 mark each)	definitions clearly stated for all four 8 marks	Definitions for at least  2-3. 4-6 marks	Definition given for 1. 2 marks
2. List the features of each business organization. ( 5 marks each)	features of all four businesses clearly listed 20 marks	features listed but not clear for all businesses. 14 marks	some features listed. 8 marks
3. Give the requirements needed to start each business. (6 marks each)	requirements for all four businesses clearly stated. 24 marks	requirements given but not clear for all four. 16 marks	some requirements listed. 8 marks
4. Give three advantages and disadvantages of each type of business organization (5 marks each)	all three advantages and disadvantages listed for each business. 20 marks	two advantages and disadvantages listed for each business 14 marks	one advantage and disadvantages listed for each business. 8 marks
5. Give three examples of each business organization that is located in Jamaica. (3 marks each)	all three examples given from Jamaica for each business organization. 12 marks	two examples given for each organization. 8 marks	one example given for each organization 4 marks
6. Select a business organization you would choose to start and give reasons.	reasons given for the choice given is clearly written and explained. 10 marks	reasons are given but not clearly explained. 6 marks	reasons listed but no explanation given. 2 marks.
7. creativity of portfolio. (4 marks)	very well created 4 marks	fairly created 2 1/2 marks	lack creativity 1 mark