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Entrepreneurship (Period 3) – Daily Learning Targets. Teacher: Will Cain. Wednesday, 8/14/19 (Day 1). Students will: Understand expectations for the class Introduce themselves Homework, if available None. Thursday, 8/15/19 (Day 2). Students will:
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Entrepreneurship (Period 3) – Daily Learning Targets Teacher: Will Cain
Wednesday, 8/14/19 (Day 1) Students will: • Understand expectations for the class • Introduce themselves Homework, if available • None
Thursday, 8/15/19 (Day 2) Students will: • Take pre-assessment to measure current knowledge of subject matter Homework, if available • None
Friday, 8/16/19 (Day 3) Students will: • Discussion of what business is, red oceans vs. blue oceans, and entrepreneurial mindset Homework, if any:
Monday, 8/19/19 (Day 4) Students will: • Define entrepreneurship (PPT 1.1) • Recognize the role entrepreneurs play in the U.S. economy (PPT 1.1) • Determine the reasons that businesses succeed or fail (PPT 1.1) Homework, if available: • Google Classroom – “Entrepreneurial Mindset”
Tuesday, 8/20/19 (Day 5) Students will: • Identify the characteristics of successful entrepreneurs (PPT 1.2) • Identify the characteristics of good team members (PPT 1.2) • Assess whether you have what it takes to succeed in your own business (PPT 1.2) Homework, if available: • Google Classroom – Entrepreneurial Mindset
Wednesday, 8/21/19 (Day 6) Students will: • Identify sources for new business ideas (PPT 1.3) • Recognize different business opportunities (PPT 1.3) • Identify your own personal goals (PPT 1.3) • List the six steps of the problem-solving model (PPT 1.4) • Describe ways to improve your problem-solving skills (PPT 1.4) Homework, if available: • Google Classroom – “Entrepreneurial Mindset”
Thursday, 8/22/19 (Day 7) Students will: • Distinguish between needs and wants (PPT 2.1) • Describe the types of economic resources (PPT 2.1) • Explain the role of entrepreneurs in the U.S. economy (PPT 2.1) Homework, if available: • Work on presentations
Friday, 8/23/19 (Day 8) Students will: • Understand how businesses start from an idea • Compare and contrast different types of economic systems (PPT 2.2) • Describe the characteristics of the U.S. economy (PPT 2.2) • Explain how scarcity affects economic decisions (PPT 2.2) • Explain how business functions are used to satisfy customers (PPT 2.2) Homework, if available: • Work on presentations
Monday, 8/26/19 (Day 9) Students will: • Recognize how supply and demand interact to determine price (PPT 2.3) • Describe how costs of doing business affect the price of a good or service (PPT 2.3) • Explain the effect of different market structures on price (PPT2.3) • Begin presentations on famous entrepreneurs Homework, if available: • Complete presentations, if needed
Tuesday, 8/27/19 (Day 10) Students will: • Explain the purpose of writing a good business plan (PPT 3.1) • Describe the importance of a business plan (PPT 3.1) • Presentations on famous entrepreneurs Homework, if available: • Complete presentations, if needed
Wednesday, 8/28/19 (Day 11) Students will: • Participate in ALICE training Homework, if available: • Complete presentation, if unfinished
Thursday, 8/29/19 (Day 12) Students will: • List and describe the basic elements of a business plan (PPT 3.2) • List and describe other elements of a business plan that capture readers’ attention and provide supporting information (PPT 3.2) • Continue presentations on famous entrepreneurs Homework, if available: • Google Classroom – “Business Plan Brainstorming Document”
Friday, 8/30/19 (Day 13) Students will: • Begin thinking about what type of business students would like to start for the business plan project Homework, if available: • Complete initial business plan assignment, found on Google Classroom. This is called “Business Plan Brainstorming Document.”
Monday, 9/2/19 (Labor Day) Students will: Homework, if available:
Tuesday, 9/3/19 (Day 14) Students will: • Describe resources available for researching business plans (PPT 3.3) • Name common mistakes to avoid in business planning (PPT 3.3) • Identify a target market by analyzing the needs of customers (PPT 4.1) • Explain how market segmentation can help an entrepreneur analyze a target market (PPT 4.1) • Continue presentations on famous entrepreneurs Homework, if available: • Complete initial business plan assignment, found on Google Classroom. This is called “Business Plan Brainstorming Document.”
Wednesday, 9/4/19 (Day 15) Students will: • Explain the role of market research (PPT 4.2) • Identify the six steps involved in market research (PPT 4.2) • Explain the role that technology plays in market research (PPT 4.2) • Continue presentations on famous entrepreneurs Homework, if available: • Business plan brainstorming, on Google Classroom
Thursday, 9/5/19 (Day 16) Students will: • Explain the importance of knowing and understanding your competition (PPT 4.1) • Prepare a competitive analysis (PPT 4.2) Homework, if available: • Finish business brainstorming project • Start target market project
Friday, 9/6/19 (Day 17) Students will: • Describe strategies for maintaining customer loyalty (PPT 4.3) • Review market needs and market research (Chapter 4 overall) Homework, if available: • Target market project
Monday, 9/9/18 (Day 18) Students will: • Begin Chapter 5 (5.1 PPT) • The Profit – Cory’s Cookies Part 1 Homework, if available: • Finish target market project • Buy and trade stocks on howthemarketworks.com
Tuesday, 9/10/18 (Day 19) Students will: • Explain the marketing concept and how it affects decisions regarding the product mix (5.2 PPT) • Define and describe the importance of product management (5.2 PPT) • The Profit – Cory’s Cookies Part 2 Homework, if available: • Finish target market project • Buy and trade stocks on howthemarketworks.com
Wednesday, 9/11/18 (Day 20) Students will: • Identify pricing objectives for a business (5.3 PPT) • Calculate the price of products using various methods (5.3 PPT) • Discussion of Cory’s Cookies • Learn about kickstarter Homework, if available: • Start kickstarter project
Thursday, 9/12/18 (Day 21) • Students will: • Review key concepts and ideas in the semester such as red/blue oceans, target markets, as well as marketing • Sign up for the stock market game (howthemarketworks.com) • Homework, if any: • Work on Kickstarter project
Friday, 9/13/18 (Day 22) • Students will: • Learn about the importance of team building • Sign up for the stock market game (howthemarketworks.com) • Homework, if any: • Work on Kickstarter project
Monday, 9/16/19 (Day 23) • Students will: • Develop team building experience • Homework, if any: • Complete Kickstarter project
Tuesday, 9/17/19 (Day 24) • Students will: • Discuss their team building experience • Research stock market • Homework • Complete Kickstarter project
Wednesday, 9/18/19 (Day 25) • Students will • Learn more about price strategies such as price penetration and price skimming (5.3) • Know more about SWOT analysis • Register for stock market game • Homework • Prepare for SWOT project
Thursday, 9/19/19 (Day 26) • Students will: • Review penetration pricing and price skimming (5.3) • Know more about SWOT analysis and competitive analysis • Register for stock market game • Homework: • Work on SWOT project • Catch up on any other projects that they have not submitted
Friday, 9/18/19 (Day 27) • Students will: • Discuss factors when pricing products (5.3) • Have an overview of pricing products (5.3) • Homework: • Students will complete any unfinished projects
Monday, 9/23/19 (Day 28) • Students will: • List and describe various pricing strategies (5.3) • Homework: • Work on SWOT project with a partner
Tuesday, 9/24/19 (Day 29) • Students will: • Be introduced to the concept of distribution (start of 6.1) • Homework: • Students will work on SWOT project
Wednesday, 9/25/19 (Day 30) • Students will: • Learn more in-depth about distribution concepts (6.1) • Homework: • Students will work on SWOT project
Thursday, 9/26/19 (Day 31) • Students will: • Review their knowledge about distribution concepts (6.1) • Homework: • Students will work on SWOT project
Friday, 9/27/19 (Day 32) • Students will: • Apply channels of distribution to specific business needs (6.1) • Discuss factors to consider in the physical distribution of products (6.1) • Homework: • Continue working on SWOT project
Monday, 9/30/19 (Day 33) • Students will: • Be introduced to the promotion aspect of the marketing mix • Homework: • Wrap up SWOT project • Prepare to present
Tuesday, 10/1/19 (Day 34) • Students will: • Begin presenting SWOT projects • Homework: • None
Wednesday, 10/2/19 (Day 35) • Students will • Work on a stock market simulation on howthemarketworks.com; this is for a formative grade
Thursday, 10/3/19 (Day 36) • Students will • Continue SWOT presentations
Friday, 10/4/19 (Day 37) • Students will • Continue SWOT presentations
Monday, 10/7/19 (Day 38) • Students will • Continue SWOT presentations
Tuesday, 10/8/19 (Day 39) • Students will • Learn about financial aid, budgeting, and the college experience from speakers at North Central College in Naperville
Wednesday, 10/9/19 (Day 40) • Students will • Conclude SWOT presentations • Begin discussing initial requirements of end-of-semester business project • Describe four basic options of channels of distribution (6.1) • Apply channels of distribution to the specific needs of various types of businesses (6.1) • Discuss factors to consider in the physical distribution of products (6.1)
Thursday, 10/10/19 (Day 41) • Students will • List the many forms of advertising and discuss advantages and disadvantages of each (6.2) • Define publicity and describe ways to use publicity as a promotional tool (6.2)
Friday, 10/11/19 (Day 42) • Students will • Explain the role of selling in a business (6.3) • Determine how to meet customer needs and wants (6.3) • Discuss other types of promotional activities (6.3) • Evaluate the effectiveness of promotional campaigns (6.3)
Monday, 10/14/19 • Columbus Day – no class
Tuesday, 10/15/19 (Day 43) • Students will • Review key concepts of Chapter 1 to prepare for first exam on Chapters 1-6 • Homework • Students will work on the group projects
Wednesday, 10/16/19 • All school testing
Thursday, 10/17/19 (Day 44) • Students will • Review key concepts of Chapter 2 to prepare for first exam on Chapters 1-6 • Homework • Students will work on the group projects
Friday, 10/18/19 (Day 45) • Students will • Review key concepts of Chapter 3 to prepare for first exam on Chapters 1-6 • Homework • Students will work on the group projects
Monday, 10/21/19 (Day 46) • Students will • Review key concepts of Chapter 4 to prepare for first exam on Chapters 1-6 • Homework • Students will work on the group projects