Who Caused the Recession Hand out/scenario

Oil Market Game.

Check stocks.

Sept 28th

Today you will be starting to look at one of the Functions of Business: Production

Definitions, for completion: Pages 155-165

Natural Resources
Raw Materials
Labour
Capital
Information
Management
Purchasing
Processing
Quality Control

Next, read the section on improving productivity on pages 166-171.

For this scenerio, you may work in partners. 

You started a small T shirt company where you print great designs for T shirts on your printer, press them on shirts you buy at a local discount store, then sell them on-line.  You have decided to start a formalised business.  You have acquired a business partner who is bringing a large amount of capital to your business.  Explain how you will scale your business.  Be specific, where will you locate? What type of machinery will you use? Any management strategies will you use?

Tue Sept 26

Dragons Den

NOTES on the FUNCTIONS of Business

Kahoot review game for the QUIZ TOMORROW!!!!!

Friday Sept 22

Check stocks

Time to finish yesterdays assignment

Review game.

Quiz next WEDNESDAY!

Dragons Den

Read Pages 90-105 (NEW TEXTBOOK) and answer the following questions.

1. What does Duty to Report mean?
2. Do companies have to provide a safe work space in BC for workers? Who is in charge of safety in BC (not in the textbook)
3. What does glass ceiling mean when it comes to discrimination?
4. What is harassment in the workplace?
5. What is 'duty to accomodate' for businesses mean?
6. What does pay equity mean?
7. Explain what Fair Trade means.

Discuss question 8 page 105

Terns to know for the quiz on WEDNESDAY

Supply and Demand
Free Market
Econominc Cycle: Growth, Boom, Recession, Depression
Business ownership: Sole Proprietorship, Partnership, Corporations
Franchise
Joint Ventures
Stratigic Alliances
Mergers
Multinational Corporations
Ethics
Whistle Blowing
Insider Trading
Fraud
Worker Safety/Harassment (WCB and Worksafe BC)
Triple Bottom Line (Profit, Planet, Profits or Environmental, Finanncial, and Socially Responsible)
Pay Equity
Privacy Laws (Know that peoples private information is protected by law)
Fair Trade
Planned Obsolecence (Story of Stuff)
Percieved Obsolecene (Story of Stuff)

Wed sept 20

Today we are going to look at ethics.

Business is a major part of our lives, society and the world.  Business has created great innovation, generated profit and opportunity for literally billions of people but not all business decisions are beneficial for society.

Ethics: moral principles that govern a persons/or groups decisions

Triple bottom line: People, Planet, Profit

 


Assignment: You are to pick ONE Dilemmas from the following links to 'Short Dilemmas'.  For each, answer what you would do and why.  (short paragraph)

DILEMMAS (they are not all business dilemmas to give some variety)

Tue Sept 19

Dragons Den

Notes on Economic Cycle

Short Selling stocks.

Discussion and talk on the stock market.

Video on Business Scandals.

Read Pages 83-89 in the New Textbook. 

Answer question 1,4,5 and 7.

Dragons Den

Please Define the following terms using pages 62-68. 

Joint Venture
International Franchise
Stratigic Alliance
Mergers
Offshore
Multinational Corporations.

Please show me a copy of your definitions.

Sept 13

 watch 'The Story of Stuff"

The film shows problems with our current consumer culture but also points out some key marketing terms.

1. What is planned obsolescence?
2. What is perceived obsolescence?
3. What are your feelings on this 'film'? Is the world in 'crisis', should we change?
4. Everyday, people are becoming (a little) more aware of how their actions affect the environment and therefore themselves. Companies are trying to become (or a least appear) more environmentally responsible. This is part of what is sometimes called the 'Green Revolutions'. Write a paragraph about what marketing opportunities are being created by the Green Revolution for existing businesses, new businesses, and marketers. Feel free to use the internet as a resource.

Tuesday

Dragons Den

Next we are going to play Lemonade World (Simply search Google).  As you play, think of Supply and Demand, as well as Want vs Needs.  Can you create a Want in people.  We will be playing for the highest score.

Please hand in all work up until this point.

Discussion on Co Branding

Instructions: Read pages 5-8 in The World of Business and answer the following questions.

1. What are the 3 P of business?

2. What is the definition of a need? What is a want? Are your definitions and examples consistent with the textbook?

3. What is the difference between a good and a service?

4. a) What do we mean by the term co-branding? What are some of the benefits of co-branding? Besides Home Depot and Subway what are some other businesses that benefit from co-branding?

b) Do you think more companies will co-brand in the future? Why?

Demand, Supply and Price

Instructions: Read pages 9-13 and answer the following questions.

5. What is demand? Are demands the same from person to person?

6. Explain the Law of Demand.

7. List and describe the 4 conditions that create demand for an item.

Lesson

Discuss Simple Supply and Demand and 'A loonie in the Economy'

Activity: You are to choose a famous entrepreneur. You are to then use the Internet to research your entrepreneur and answer the following questions in complete sentences.

1. What is your entrepreneurs name and what is the business/product that they are famous for.

2. Briefly explain some of their major successes.

3. Have they had any failures or troubles, if so, do you think that it hurt them or helped them in the end? Explain.

4. In a paragraph explain how this person has managed to achieve success, (you may wish to talk about their ideas, work ethic, ability to compete etc.)

5. Include a picture(s)

Here are some links to information about famous entrepreneurs

http://entrepreneurs.about.com/od/famousentrepreneurs/Famous_Entrepreneurs.htm

Here is a list of famous entrepreneurs, you can pick on and google their name.

http://cecteachers.dpsk12.org/stories/storyReader$75

Due: Tuesday

FLEX

Start Stock Market Assignment

Go to the following LINK and create an account

Dragons Den and Discussion

Finish Yesterdays assignment.  

Today's Assignment

FRANCHISE ACTIVITY

You are to pick a franchise that you would be interested in buying into.  To do this, search for the company's website and then find the part that says franchise info or business oppourtunity.  Once there, find the information on the following.

1. What is the franchise fee

2. What are the Royalty fees

3. What are the Advertising fees

4. How much money do they suggest you have

5. What do they do for you if you buy a franchise

Notes on Business Basics and Types of Business Ownership


Next we will look at businesses that are for sale.  

1. Find a business for sale that you feel 'could' be a good oppourtunity.  Name the business and the price. Is it product/good based or service based? Why you think it could be a good investment.

2. Find a business that you feel would NOT be a good oppourtunity.  Name the business and the price. Is it product/good based or service based? Why you think it could be a poor investment.

Welcome to the World of Business

Welcome,

Today we will be going over some start of the school year information as well as the course outline.  We will make sure that everyone has a computer login.  I look forward to getting to know you.

Here is the course outline. 

Marketing and Entrepreneurship (Business Ed. 10)

Welcome to the Vast World of Business

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Course Description

In this course you will be introduced to the fundamentals of business.  This will include a brief overview of what a business is, different types of ownership and organizational structures as well as what makes a business successful or not.   We will be looking into what makes a successful Entrepreneur and what Marketers do.  We will also be covering a brief overview of economic theory and how it relates to business as well as accounting and finance.  

Course Themes and Units

We will be looking at the following themes and units throughout the course.  

Units:

● The Role of Business

● What makes a successful business

● Competitive Environments

● Human Resources & Management

● Accounting

● Marketing

● Savings and Investments

● Banking

● Consumer Credit

● International Business

● Entrepreneurship

● Inventions and Innovations

● Steps in creating a Venture

Course Expectations

1. Show courtesy and respect at all times
• The number one rule is to be respectful during class.
• A major component of this course is technology, the more you respect the equipment, the better equipment the school will get.  No Food or Drinks please.
2. Arrive on time and be prepared to work, just like in a job, continued lates will have a negative impact.
3. Participate fully and positively.
• Working in business requires that you be able to work both independently and with others.
4. Always put in your best effort!
• The main reason that people fail this course is because of lack of effort.
• If you are absent, it is YOUR responsibility to make up all missed work.  Assignments will be available on-line so you will be able to see what you have missed and email the teacher if needed.    

Course Evaluation

20% - In-class work (assignment, homework completion)

20% - Tests and Quizzes (this course will have several tests with many quizzes)

40% - Projects (the KEY focus of this course)

20% - FINAL Quiz and PROJECT!

Assignment::

Make a list of businesses you shop at regularly. Do they have anything in common? What are the main differences?

What is the difference between needs and wants? What are some examples of each?