Thur Oct 1

Dragons Den,

Unfortunetly, your test will have to be postponed, yet again due to an assembly.

Your test will be FRIDAY (even if the school is on fire!)

Wed Sept 30

Dragons Den, since we missed it yesterday

Finish the questions from yesterday's entry.

Rieview for test TOMORROW!!

Tue Sept 29

Wall Street Questions

1. What is insider trading?

2.  What does zero-sum-gain mean.

3.  What does free market mean?

4.  Answer this question in PARPGRAPH form: Do you agree with Gordon Gecko's view that "Greed is good, greed works".  Do you feel that in a free market capitalist system that it is important to always seek the biggest profit?  Explain Why or why not.

Fri Sept 25

Today we will talk about the stock market.  

We will be watching Wall Street.  There will be questions at the end.  

Thur Sept 24

Dragons Den

Terms for test

entrepreneur

employee

% of small businesses in Canada

advantages of being and entrepreneur (4)

disadvantages of being an entrepreneur (4)

basic business letter format

key points of good communication (eye contact, be polite, speak clearly etc)

how to determine markup and mark down

how to calculate percent

how to calculate profit

'principle'

productivity

supply and demand

monopoly

4 functions of business (productivity, marketing, management, and finance)

fixed cost

variable cost

marginal cost vs marginal benefit

economic cycle (boom, growth, recession, depression)

sole proprietorship

partnership corportation

Presentations

Tue Sept 22

Dragons Den

Read the article "Networking 101 and answer the following questions"

1. What is networking?

2. Why is networking important, especially to small businesses?

3. What are some of the do's and don'ts of networking?

Mon Sept 21

NOTES and Activity on the following

fixed cost

variable cost

marginal cost vs marginal benefit

economic cycle (boom, growth, recession, depression)

Today we will be carrying on with learning about Corporations, Publicly Traded companies and the stock market.

Activity:

We will be starting a stock market game/competition that will run from today until January 7, 2010.  You will be given $100,000 (imaginary) to invest using an on-line stock market simulator.  This is VERY realistic, because it uses REAL stocks and stock prices.  The people who make the most money by January will win a PRIZE!!

Go to the following link and create a login (MAKE SURE YOU WRITE IT DOWN so you don't forget)

http://www.investopedia.com/

Start buying and selling stocks.

(See the teacher and the internet for help and stock tips)

Fri Sept 18

Today you will be getting your first project DUE THIS COMING WEDNESDAY.  

Don't forget to hand your letters in if you haven't already.  

Thur Sept 17

Dragons Den

Activity:  You are to write a Cover Letter (using correct business format) applying for the job of entrepreneur.  When you are finish, staple it and the 'Angry customer letter' together using 'proper' business stapling form (I am going to be picky).

I will gladly come and look over your letters before you hand them in.  

Wed Sept 16

Today we will carry on looking at  Franchises.  You are to pick 3 different franchises 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

Next we are going to learn how to write a business letter in proper business format.  You will then write a letter in response to an angry customer letter.  

Tue Sept 15

Dragons Den

Powerpoint presentation on types of business ownership.  

Worksheet on buying a pre-existing business.   You can purchase any pre existing business EXCEPT a franchise.  

When you finish, please hand it in and grab the second worksheet "Entrepreneurial Aptitude Test"

Please hand in when finished.  

Mon Sept 14

Watch 'Venture' on Fou Fou Dog.

Answer the following questions

1. Is the idea of fou fou dog a good one, why or why not?

http://www.foufoudog.com/

2. Evaluate the website, is it laid out well?  Visually appealing etc?

3. Do you think that Ms. Ng will recover her $75,000 and make a good profit, why or why not?

Please PRINT your answers and hand them in.

Next please read pgs. 28-30 (in your textbook).  

1. List and briefly describe the advantages of small business ownership

2. Lisa and briefly describe the disadvantages of small business ownership

Next read 'Personality Characteristics required by successful entrepreneurs' pgs 33-34

3. List and describe the characteristics in your own words.  

Please print your answers out and hand them in when you finish.  .

Fri Sept 11

Today we are going to learn how to shake hands.  It sounds simple but it is very important.

Next we are going to have a powerpoint presentation on some business basics.  

We will then be doing some math worksheets on basic business math.  

****Please hand in the work from yesterday if you haven't already done so*****

Thur Sept 10

Dragon's Den

Receive textbooks

Read pgs. 11-13 and discuss

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

Wed Sept 9

Welcome to Entrepreneurship 12!

Today you will receive the course outline. Please make sure you fill out the student information sheet.

What is entrepreneurship?

Type A/B personalities

Activity: Go to the following link and complete the questionnaire as honestly as you can.

(be prepared to discuss the results)

http://www.psych.uncc.edu/pagoolka/TypeA-B-intro.html

When you are finished please answer the following questions and then e-mail them to me when you are done.  

What is your personality type?

Do you think that it is accurate? Why?

Which personality type would make the best entrepreneur?

Homework: Come up with an example of an entrepreneur

N.B. If you are late or away, don't forget to check the website. If you have any questions or need help, you can always send me an e-mail at: southwell_j@sd36.bc.ca