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JUNIOR ACHIEVEMENT

JUNIOR ACHIEVEMENT. Learning about business. Exercise 1. BEFORE YOU WATCH. Do you follow the latest news about banks, banking products or the current economic situation? How can you benefit from being familiar with this kind of information?

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JUNIOR ACHIEVEMENT

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  1. JUNIOR ACHIEVEMENT Learning about business

  2. Exercise 1 BEFORE YOU WATCH Do you follow the latest news about banks, banking products or the current economic situation? How can you benefit from being familiar with this kind of information? Do you know any famous Czech entrepreneurs? What do you know about TomášBaťa? Do you believe that if you want to be good at business, you must be born with the necessary skills or do you think you can learn them? Explain.

  3. WHILE YOU WATCH Exercise 2 Are these statements TRUE or FALSE? • Junior Achievement was established by Tomas Bata. • The second pillar of JA activity concerns financial literacy. • You must be at least 16 to be able to start a JA student company. • The goods and services JA student companies deal in are not real. • You have to submit an annual report if you run a JA student company. • Junior Achievement does not help students decide about their future careers. • The speaker thinks that banking literacy is a part of financial literacy that everyone should know about.

  4. Exercise 3 Listen and fill in the gaps

  5. AFTER YOU WATCH Exercise 4 Match the English expressions with their Czech equivalent

  6. Exercise 5 DISCUSS, PREPARE, AND PRESENT • IDENTIFY some existing companies with well-chosen names. Why do you like them? Does the business stand up to its name? What characteristics do these companies have that make them successful? • BRAINSTORM: Work in small groups. You have ten minutes to brainstorm a name for a new company and the concept behind it. The company should be aimed at people who prefer quality more than a low price. What kind of new presence would you aim at in the marketplace? Present your results to each other. • REFLECT: Which group had the most creative concept? Which group had the most innovative name? Which group had the most unusual idea? What factors are important for you to consider if you are starting a business? What kinds of challenges may you face? What are your criteria for success? Are you more interested in being involved in non-profit activities or profit-making activities? What are the advantages and disadvantages of both approaches to generating different kinds of ‘returns’ on investments?

  7. Exercise 6 TEST

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