Nov 26

Dragons Den

Time to work on Projects

Today you will be meeting your new teacher as I will be covering for Mr. May while he is on jury duty. 

Nov 25

Time to carry on with Business Plan part 4.

It will be due next week. 

Nov 22

Check Stocks


Questions:

Next answer questions 1,2, and 4 on page 163.

When you are done you can either work on part 4 or play the games at this link

Dragons den 

Read pages 278-281

Answer questions   1-4

Also define the following terms. 

Production cost
Landed cost

Please print or email your answers. 

Talk on running a business

Business Simulator JA Titan

You will need to create an account

You are to play a game of JA Titan again. This time, keep in mind the importance of Supply and Demand, the importance of Marketing, R & D Research and Development, (and capital investment {not part of the course}. This is for marks, here is the marks breakdown: If you play a Short Game and get a Performance Index Score of 60+ you get 3/5
If you play a Medium Game and get a Performance Index of 50+ you get 3/5
If you play a Short Game and get a P.I. of 90+, you receive 4/5
If you play a Medium Game and get a P.I. of 80+ you receive 4/5
If you play either a Short, Medium, or Long game and get 100+ you will get 5/5
(If you try 2 games and still can't score a high Performance Index, you will still receive a 3/5)
Good Luck

Nov 19

Dragon's Den

Video on 'The Secret World of Shoplifting'

Questions

1. What are some of the reasons that people steal?
2. Why is stealing a problem for companies?
3. What can companies do to combat shop lifting? 

Nov 13

Read 278-281

Define the following terms and then show them to Mr Southwell for completion marks.

Owner Equity

Revenue

Sales

Cost of goods

operating expenses

Cash flow statement

Net cash flow

the difference between positive and negative cash flow.  

PREPARING A BUSINESS PLAN PART 4

Nov 12

Dragons Den

Talk on Financing a business

Questions.

Use the textbook chapter 7.1 to help
1. Define the following terms.
Revenue
Pro forma financial statements
start up costs
operating expense
(fixed cost)
(variable cost)
asset
liability
accounts receivable (asset or liability?)
accounts payable (asset or liability?)
depreciation

Use 7.2 to help with this question
2. What are some (3 or more) ways that you can obtain capital to start a business?

Use 7.4 for these questions
3. What types of insurance can/should businesses have.
4. Give 3 examples of businesses that might need to carry extra insurance.  Use specifics.  

Nov 5

Sorry for being away today Dragons Den is moved until tomorrow. 

Today you have time to work on your projects.  They are Due on MONDAY.