November 30 & December 1, 2016 Economic Utility

Do Now: Respond to the following in a Google Doc attached to the assignment in Google Classroom.

1. What is an example of a product or service that has Form or Task Utility?  What about this product or service makes it a Form or Task Utility example?
2. What is an example of a product or service that has Place Utility?  What about this product or service makes it a Place Utility example?
3. What is an example of a product or service that has Time Utility?  What about this product or service makes it a Time Utility example.
4. What is an example of Possession Utility?  What determines an individual or business’ ability to obtain Possession Utility?

Objective:  Students will discuss the concepts so Economic Utility based on the homework reading.  Students will work on their FBLA events.

FBLA Events: Be prepared to finalize you FBLA event choices by December 5 & 6, 2016.

Homework: Read Economic Resources LAP EC-014 and answer the Total Recall Questions on pages 4 & 8 in a Google doc attached to the assignment in Google Classroom.

January 9 to 20, 2017 FBLA Competitive Events

The FBLA District Leadership Conference (DLC) is Tuesday February 7, 2017.

The top 4 competitors in each  event at the DLC will progress to the State Leadership Conference (SLC) in Vail, CO April 19 – 21, 2017.

The top four competitors in each event at the SLC will progress to the National Leadership Conference in Anaheim, CA June 27 – July 3, 2017.

Click here for a list of the FBLA Events

Click here for a Event Decision Flowchart

Click here for Sample Tests and Event Guidelines

Develop a plan to complete a draft of your performance event by December 2, 2016.  You will have time in class to work on your event  (see the schedule below).  You need to plan to complete any product required for your event  and turn in so it can be uploaded for judging as a PDF file by January 20, 2017.

Work Schedule

• January 9 & 10, 2017 Planning
• January 11 & 12, 2017 Test Day/Production work
• January 13, 2017 (FBLA Friday)
• January 16, 2017 No school MLK Holiday
• January 17 &  18, 2017 Test Day/Production work
• January 19 &  20, 2017 Production Events must be completed

Project #4 Snapshot November 28 – December 14, 2016

I you choose not to participate in the FBLA competitive events and the FBLA District Leadership Conference, then you will work in teams to complete this and one other project next semester.

Your teams will need to collect information about the community around John F. Kennedy High School.  Decide among your team who will research each part of the Community Profile Worksheet Bring your data to the next class.  Your team should create a project plan that is due on December 2, 2016.

Your team has been hired as consultants by the local Chamber of Commerce.  The Chamber needs informational items to provide prospective business owners who are interested in locating in our area.  You can see examples of materials currently available on http://www.metrodenver.org/

Your team’s mission is to develop a Snapshot of our local community for the Denver Metro Chamber of Commerce.  Read this Snapshot Chamber Memo to see what the Chamber is looking for.  The Chamber is looking for creative, original promotional material but they do not want a Google Slides, PowerPoint or Prezi.  Consider a video, brochure, website or other promotion that can be used to attract new business.

This project will be evaluated using the Project #2 Snapshot Rubric

Your team will present the materials you develop on December 13 & 14, 2016 starting the second half of the period.

Work Schedule

• November 28 & 29, 2016 Economic Systems (FBLA Event Selection/Snapshot Project Introduction)
• November 30 & December 1, 2016 Economic Utility
  
• December 2, 2016 (FBLA Friday) Project Plan Due
  
• December 5 & 6, 2016 Economic Resources
  
• December 7 & 8, 2016 Project Work
  
• December 9, 2016 Final Review
  
• December 12, 2016 Project Work (Period 7 only)
  
• December 13 & 14, 2016 Snapshot Project Presentations last 45 minutes of the period.
  
• December 15 & 16, 2016  Final Exams
  

November 28 & 29, 2016 Economic Systems

Objective:  Students will discuss the four economic systems and the answers to the three economic questions, benefits and issues with each system based on the homework reading.  Students will work to identify their FBLA events, teams and tests.

Homework: Read Use It LAP EC-013 and answer the Total Recall Questions on pages 5 and 8 in a Google doc attached to the assignment in Google Classroom.

November 18, 2016 Quiz 2A Business Ownership, Market Structures, Competition

Log on to Quizstar using the link in Google Classooom.

You will have two attempts to take this quiz.  Review your answers after the first attempt and try again.  The highest score will be recorded.

Homework: Read Who’s the Boss LAP EC-017 and fill in the Economic Systems Note Catcher. Link your completed copy of the note catcher to your Google Docs Journal.   This is due on November 28 & 29, 2016 when we return from Thanksgiving Break.

November 16 & 17, 2016 Business Biography Presentations

Objective:  Students will finalize their Business Biography presentations and orally present to the class information about the industry and example business.

Homework: Read Who’s the Boss LAP EC-017 and fill in the Economic Systems Note Catcher. Link your completed copy of the note catcher to your Google Docs Journal.   This is due on November 28 & 29, 2016 when we return from Thanksgiving Break.

Friday November 18, 2016 Quiz over Ownership, Competition, Types of Businesses and Market Structures.  You will have two attempts to answer  20 questions  and it is an open note quiz.  You can use the note catcher and Total Recall questions from the past two class assignments. 

November 14 & 15, 2016 Types of Businesses, Competition & Market Structures

Do Now: Work in your project teams to complete Get More worksheet.  Make a copy of the worksheet and share it with your team members.  When your team is ready ask for a copy of the answer sheet.

Objective:  Students will discuss the types of businesses (Retail, Wholesale, Manufacturing, Non-profit, and Service).  Students will read and discuss how competition impacts business and economic activity by reading Ready, Set, Compete LAP EC-008 and taking notes using the Competition & Market Structure Note catcher.  

Class Work:  One member of each team will open the Competition And Market Structure Note Catcher in Google Docs, make a copy and share it with the other members of your team.  Decide how you will complete the information on the note catcher using the Ready Set Compete LAP EC-008 as a resource.  When you team has completed the note catcher, each member should link it to their Google Classroom assignment.

When you have completed the assignment you may work on your project with your team.

Homework: Read Who’s the Boss LAP EC-017 and fill in the Economic Systems Note Catcher. Link your completed copy of the note catcher to your Google Docs Journal.  Answer the Total Recall questions and link them in your Google Docs journal.  This is due on November 28, 2016 when we return from Thanksgiving Break.

Next class you will have 45 minutes at the beginning of the period to complete your Business Biography presentation.  We will start the presentations at the end of the prep time.

Friday November 18, 2016 Quiz over Ownership, Competition, Types of Businesses and Market Structures.  You will have two attempts to answer  20 questions  and it is an open note quiz.  You can use the note catcher and Total Recall questions from the past two class assignments. 

November 11, 2016 Quiz 3B Global Trade & Relations, Government, Ethical & Legal Issues Impact on Business

Log on to Quizstar and take Quiz 3B Government Regulation, Global Environment and Trade, Business Ethics.  You will have two attempts to take this quiz.  Review your answers after the first attempt and take it again.  The highest score will be recorded.

Objective:  Students will demonstrate what they know about Government Regulation, Global Environment and Trade and Business Ethics by taking a quiz. Students will work in their project teams.

Students will work in their Business Biography Teams to finalize their plan and begin working on the project.

Mock Interviews November 30, 2016 3:00 – 4:15pm

Seniors:

Mock Interviews are scheduled for Wednesday November 30, 2016 from 3:-4:15.

• Click here to Sign Up
• Prepare a resume
• Dress for success when you interview.

November 9 & 10, 2016 Business Ownership

Do Now: Respond to the following in a Google Doc attached to the assignment in Google Classroom.

1. What are the three kinds of business ownership that you read about in the homework assignment?
2. Which of the three has limited liability?
3. How does limited liability protect a business owners property?

Objective:  Students will discuss and explain the three different types of business ownership in a private enterprise system based on the homework reading.  Students will explore business start-up strategies. Students will start work on the Business Biography project.

Homework: Read Risk Rewarded LAP EC-002 and answer the Total Recall Questions on pages 6 & 8 in a Google Doc attached to the Google Classroom assignment.

Quiz in Friday November 11, 2016 over Global Trade & Relations, Government, Ethical & Legal Issues impact on business.  You will have two attempts to take this quiz.  The highest score will be recorded.

Project #1 Business Biography

Part 1 Team Activity

This project will introduce students to the different types of businesses (i.e., retail, wholesale, manufacturing, service, and non-profit) in their local community. Students will work in teams for much of the project, with each team becoming experts on one of these five business types.

After developing an understanding of its assigned type of business, each team will select and research a local business that exemplifies that business type. Team members will conduct secondary and, when appropriate, primary research to develop an in-depth business biography that details their group’s selected local business, the business’s background, product/service offerings, successes, struggles, etc.

Each team will present its business bio to the rest of the class.

Check out the Business Bio Rubric  to see how your presentation will be evaluated.

 Part 2 Individual Activity

Finally, each student will work individually to prepare a short one page typed report that describes his/her assigned business type and discusses how it differs from the four other types of business addressed in the project.  Use Google Docs to create your report and use a 1 inch margin, double spaced, 12 pt. Ariel or Times New Roman font.

Timeline

• November 11 & 10, 2016
  • Team Assignments
  • Industry Assignments
  • Group Contracts  & Project Plan
  • Homework Read
• November 11, 2016
  • Quiz over Government Impact on Business, Global Trade & Relations and Business Ethics & Legal Issues (20 Questions, 2 Attempts)
• November 14 & 15, 2016
  • Economic Concepts/Utility Briefing
  • Group Work
• November 16 & 17, 2016
  • Groups Present Business Bio
• November 18, 2016
  
  • Test over Business Ownership and Environmental Scanning (1 attempt, 100 points)
  • Individual Reports due

Review the Business Bio Rubric to be sure you are meeting the expectations and to include all of  the components of a Business Biography:

1. Business Name
2. Address
3. Telephone number
4. Website URL
5. Business description
   1. Year founded
   2. Struggles and Risks
   3. Successes
   4. Senior Officers/Managers
   5. Form of business ownership
   6. Owner(s)
6. Human resources utilized (i.e. Employees)
7. Natural resources utilized
8. Capital goods utilized
9. Most current sales figures
10. Sales trends over 10 years
11. Products/Services
12. Brands
13. Target customers
14. Stores
15. Branches
16. Divisions
17. Subsidiaries
18. Affiliates
19. References

Click here for a sample Biography for Fireworks Catering Co.

November 7 & 8, 2015 Environmental Scan Presentation

Objective:  Students will orally present their team Environmental Scan and turn in the team’s written paper describing their recommendations for the business they surveyed.  Students will turn in their individual Environmental Scan Journals by sharing them in a folder in Google Drive or by printing them and turning them in.

You will have 45 minutes at the beginning of the period to finalize your team presentations, papers and individual Environmental Scan journals.  If you have difficulty sharing your documents in Google Drive, please ask me for help.

Homework:  Read Own It Your Way LAP BL-001 and answer the Total Recall Questions on pages 6 and 8 in a Google Doc attached to the assignment in Google Classroom.

 

November 2 & 3, 2016 Business Ethics

Do Now: In Google Classroom make a copy of Ethics Match Up.  Share it with your team and match the items.  Link your completed match up to the assignment in Google Classroom.

Class Work: : As you listen to these two stories, take notes on paper  or in Google Docs to  identify:

1. At least two ethical issues impacting a business associated with the story.
2. At least two opportunities for a business associated with the story.
3. Express your opinion on the ethical implications in each story and if the opportunities are worth the risks involved.

Story 1 Gene Drivers

Story 2 Unauthorized Bank Accounts

Objective:  Students will discuss business ethics based on the homework reading.  Students will work in their project teams.

November 1, 2016 DECA Event Testing

Objective:  Students will complete the test portion of their DECA events in preparation for the DECA District 3 Leadership Conference on November 11, 2016.

Click here to log on to the DECA test site.

Using the information on your test ticket, log on to the assigned test.  You will have 60 minutes to complete your test.  When you are finished we will discuss the homework assignment for today.

Objective: Students will discuss the role of Risk Management in the success of a business based on the homework reading and math quiz.

Do Now: Respond to the following in a Google Doc attached to the assignment in Google Classroom.

1. What are two reasons that a business owner would have for buying insurance?
2. List the four kinds of insurance that a business might purchase and describe one of them in more detail.
3. List three kinds of insurance a business might provide to their employees.  Why would a business decide to offer insurance to its employees?
4. What does it mean to self-insure?  Why would a business choose this option?