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Due This Week: Field Trip FRIDAY to Food Lion! Bring your WALKING SHOES! Unit 11 – Vocabulary & Assessments Due Friday Abstract #5 Due Friday Franchise Report due Thursday Insurance Report due Thursday. Week May 5, 2014 – May 9, 2014. Marketing.
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Due This Week: • Field Trip FRIDAY to Food Lion! • Bring your WALKING SHOES! • Unit 11 – Vocabulary & Assessments Due Friday • Abstract #5 Due Friday • Franchise Report due Thursday • Insurance Report due Thursday Week May 5, 2014 – May 9, 2014 Marketing DECA NEWS:DECA Meeting Thursday May 15 – Officer Elections! Sign up to help with Relay for Life – May 17; Some Gave All – May 18 – DECA Awards Dinner – May 27! Lots still to do this month!
Early Work: What are 8 Characteristics of Successful Entrepreneurs? • Today’s Objective: Understanding Risk Management • Activities – Library computers • Vocabulary – Please complete along with Assessments • Unit 11 – Entrepreneurship and Finance • Chapter 33 – Entrepreneurial Concepts • Chapter 34 – Risk Management • Review Chapters • Complete Vocabulary and Assessments • Begin Franchise Report • Homework: Vocabulary & Assessments due Friday ☞Point of the Day: Entrepreneurs are people who create, launch, organize, and manage new business and take the risk of business ownership Excellence is about the little things. Monday, may 5, 2014 Magic Monday Morning – Manners Moment
Excellence is a relationship. • Early Work: List two trends in Entrepreneurship. • Today’s Objective: Understanding Risk Management • Activities – Library computers • Vocabulary & Assessments due Friday • Finish work on Franchise Project Report • Review Chapter 34 • Begin work on Insurance Project Report • Be sure to turn in all completed work to teacher • Homework: Abstract #5 due Friday ☞Point of the Day: Entrepreneurs play a key role in the domestic economy. Tuesday, may 6, 2014 Tough Tuesday – Name that Company
Early Work: What are four business ownership opportunities (4 ways to go into business)? • Today’s Objective: Understanding Risk Management • Activities – Library computers • Vocabulary & Assessments due Friday • Complete Insurance Project Report • Work on Abstract #5 due Friday • Turn in all completed work • Homework: Field trip to Food Lion Friday! ☞Point of the Day: A franchise is a legal agreement to sell a parent company’s product/services in a designated geographic area Excellence is a philosophy. Wednesday, may 7, 2014 Wicked Work Wear Wednesday & Role Play Day!
Excellence is an aspiration. • Early Work: Newspaper Day – The Free Lance Star What are the three types of business risk? • Today’s Objective: Understanding Risk Management • Activities – Red Cow • Vocabulary & Assessments due Friday • Abstract #5 due Friday • Turn in permission forms for Field Trip • Risk – what did you learn? • Turn in all reports and share your Reports! • Homework: be sure all work is done! ☞Point of the Day: Business Risks can lead to financial gain, loss, or failure! Thursday, may 8, 2014 Thundering Thursday – Share a Weird Fact today!
Excellence is immoderate. • Early Work: What are the four ways to handle business risk? • Today’s Objective: Understanding Risk Management • Activities • Vocabulary – Be sure to turn in to basket with Assessments • Turn in Abstract #5 • FIELD TRIP TO FOOD LION! • Be sure to turn in inventory Reporting Sheets • JOURNAL – “My Food Lion Experience” • Homework: None for this weekend! ☞Point of the Day: Risk management is the process of managing risk in an ethical way! Friday, may 9, 2014 Foxes Friday - The Week’s Wrap-Up & Good News!
Assessments: Page 793 #2-9 Page 813 #2-9 Vocabulary • Entrepreneurship • Entrepreneurs • Franchise • Sole Proprietorship • Unlimited Liability • Partnership • General Partnership • Limited Partnership • Limited Liability • Corporation • Stockholders • Foreign Corporation • Limited Liability Company (LLC) • DBA (Doing Business As) • Articles of Incorporation • Business Risk • Risk Management • Economic Risks • Natural Risks • Human Risks • Insurance Policy • Extended Coverage • Fidelity Bonds • Performance Bonds
Explain the nature and types of business risk. Describe methods for managing risk. CTE Competencies Linked to SOLs Objectives for the week – TSWBAT:
We encounter RISK everyday! In the world of business, entrepreneurs face RISK daily! YOU face RISK daily! Human, Natural, and Economic RISK must be managed in order to continue day to day business. How will you manage RISK in your life? Making it Real – Your weekly Activity
R-E-S-P-E-C-T EVERYTHING!!! • Your supplies – bring your stuff every-day! Bring your book every-day! Bring your notebook & composition book every-day! Bring pen/paper/thinking cap/open mind ever-day! • Place all bags on the floor under your table! • Wait for Teacher instruction before beginning activity! • Passes out of Class - No Exit First 10/Last 10 • One person out of room at a time • Pass Board – USE IT! • Keep it short! • Stay in your seat until you are dismissed from class – the bell tells Teacher when class is over; Teacher then dismisses you. • No talking while Teacher or others have the floor. • Watch your language and mind your manners, please. • All School Rules will be followed without question. Classroom Proceduresthings you have to do!