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Agenda

Agenda. Review Test Scores/Questions Small Business Impact -SBA.gov www.Tradingeconomics.com Entrepreneurship 4-Business Forms Forms Activity. www.Tradingeconomics.com. Pick a Country Make 3 comparisons to the US Send an E-mail to Mr. Fassl or Mr. Krey, comparing your country to US.

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Agenda

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  1. Agenda • Review Test Scores/Questions • Small Business Impact-SBA.gov • www.Tradingeconomics.com • Entrepreneurship • 4-Business Forms • Forms Activity

  2. www.Tradingeconomics.com • Pick a Country • Make 3 comparisons to the US • Send an E-mail to Mr. Fassl or Mr. Krey, comparing your country to US. • Would you invest there?

  3. Business Forms & Activities Exploring Business: Unit 2, Part 1 Students will:- Define 4 types of business forms- Describe the channels of distribution

  4. College and Career Readiness Standards • Reading • Understand relationships between people, ideas, and so on in uncomplicated passages • Writing • Add a sentence to accomplish a fairly straightforward purpose such as illustrating a given statement • Mathematics • Solve routine one-step arithmetic problems

  5. I. 4 Business Forms • A. Extractors • A business that grows products or takes raw materials from nature. • Farmers, Miners, Fisherman, Growers

  6. I. 4 Business Forms • B. Manufacturers • Takes the extractor’s products or raw materials and changes them into a form that consumers can use.

  7. I. 4 Business Forms • C. Marketers • Moving goods from producers to consumers. • Includes: • Transporting • Selling • Developing • Testing • Packaging and Presentation

  8. I. 4 Business Forms • D. Service Business • A business firm that does things for you instead of making or marketing products. • Hair Stylists, Accountants, Waiters, Babysitting

  9. II. Getting Products and Services to Consumers • A. Channel of Distribution: the path that a product travels from the producer to consumer.

  10. II. Getting Products and Services to Consumers • B. Direct Channel of Distribution: when the product goes directly from the producer to the consumer.

  11. II. Getting Products and Services to Consumers • C. Indirect Channel of Distribution: when the product travels through middle firm(s) before reaching the consumer.

  12. II. Getting Products and Services to Consumers • 1. Retailer: a business firm that sells products directly to the consumer.

  13. II. Getting Products and Services to Consumers • 2. Wholesaler: a business firm that buys products in large quantities from producers, sorts and utilizes them and then sells them in smaller quantities to retailers or consumers.

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