Create a wordle of the following words. Save the wordle link in your user data.

Identify and define the unit vocabulary.

Business Plan Charter Corporation Dividends Entrepreneur Financing Franchise Improvement Innovation Limited Liability Corporation Limited partnership Partnership Partnership agreement Shares Sole Proprietorship Stockholders

Business Essentials Scavenger Hunt Instructions: Using MS Word to answer the scavenger hunt questions. Use a complete sentence. Upon completion, print your answers and hand in.

1. Subway http://www.subway.com
o o o o o o

How much is the franchise fee? What is a non-traditional location? How much money can you make? When and where did Subway start? Can stock be bought in Subway? What is FHW?

2. Wal-Mart http://www.walmart.com/
o

Where did Sam Walton open the first Wal-Mart Store? What was the name of the first Wal-Mart? In what year was the first store opened? What is Sam's simple business philosophy? How many Wal-Marts are there nationwide Why do people say that they return to Wal-Mart again and again?

o o o o o

Do You Want to Be an Entrepreneur? Name _________________________ Date __________________ Instructions: Access the following (tutorial) website to answer the questions: http://career.sdsu.edu/resources/tutorials/entre/ent2j.html Using MS Word, key the answer only. Print your answers and hand in. 1. What is first thing a person must do before deciding to become an entrepreneur? 2. Define entrepreneur? 3. List four ways in which you can become an entrepreneur? 4. What motivates a person to become an entrepreneur? 5. Being your own boss surely has advantages but what about the disadvantages? List the disadvantages. 6. List some of the responsibilities of running your own business. 7. Successful entrepreneurs possess certain personality traits, list two of those traits. 8. Successful entrepreneurs take certain kinds of risks. Explain those risks in your own words. 9. List the steps needed in order to get a business up and running. (Explain each step in your own words) 10. Give one final thought for an up and coming entrepreneur.

Name: ____________________
Understanding Legal Requirements Quiz Directions: Match the description of laws that protect businesses, employees and customers with the terms at the bottom. 1. _____ A name, symbol or special mark that can be used only by certain business. 2. _____ Bans the sale of impure, improperly labeled, falsely guaranteed and unhealthful foods, drugs and cosmetics. 3. _____ Determines if products are safe and can recall them if necessary. 4. _____ Legal document that gives an inventor the sole right to produce, use and sell an invention. 5. _____ Requires all banks to calculate credit costs the same way, which assists consumers in evaluating bank loan options 6. _____ The legal right to exclusive publication, production, sale or distribution of a literary or artistic work. 7. _____ This act bans discrimination against employees based on age, race, color, national origin, religion or gender. 8. _____ This act bans discrimination against employees with disabilities. 9. _____ This act establishes the maximum number of hours employees can work. It includes rules for children under age 16 and outlines the national minimum wage. 10. ____ This act requires businesses with more than 50 employees to provide employees up to three months of unpaid leave if a serious health condition occurs.

a. Americans with Disabilities Act b. Consumer Products Safety Act c. Copyright d. Equal Employment Act e. Fair Labor Standards Act f. Family Medical Leave Act g. Food, Drug, and Cosmetic Act h. Occupational Safety and Health Administration Act i. Patent j. Trademark k. Truth-in-Lending Act

What Makes a Successful Entrepreneur?

Name ________________________________ Period ________ Date ____________________ We have been discussing what it takes to be an entrepreneur. Lets look at a few and see what made them so successful! You can choose from this list or find your own! Assignment: You have a choice: (1) You can choose 2 names from the following list or (2) Search for 2 people in the business world you are interested in. Then answer the following questions for both of them. Suggestions (please note: you are welcome to use additional websites to

gather the information):

Walt Disney - A Look at the Man Behind Mickey Mouse http://entrepreneurs.about.com/od/famousentrepreneurs/p/waltdisney.htm Ben & Jerry's - The Men Behind the Ice Cream http://entrepreneurs.about.com/od/famousentrepreneurs/p/benandjerrys.ht m Mary Kay Ash - Most Outstanding Woman in Business in the 20th Century http://entrepreneurs.about.com/od/famousentrepreneurs/p/marykayash.ht m

1.

What is the name of the entrepreneur you read about? What website did you access?

2.

What is the name of the company he/she owns?

3.

What product(s)/service(s) does the business sell/produce?

4.

How did the business start? Year?

5.

How/where did he/she receive funding to get started?

Forms of Business Ownership Poster

The class will be divided into 4 groups and given a form of business ownership. Each group will construct a poster describing/explaining their topic in a creative, colorful way. Research the Internet to find information and pictures. Then, each group will present their poster to the class to teach their topic. The posters will be displayed in the classroom as instructional aids. Therefore, the posters should have no spelling errors or grammatical errors. Topics Include: Sole Proprietorships Description, advantages and disadvantages Partnerships Description, advantages and disadvantages Corporations Description, advantages and disadvantages Franchises

Rubric (100 pts. Possible) (Needs Work) Requirement Content Met Requirement All topic information was included on poster 50 points Visual Appeal Poster included relevant and appropriate graphics. Information displayed attractively. 20 points Presentation Spoke loudly and clearly. Made eye contact with classmates. 15 points Spelling & Grammar 15 points TOTAL PTS. No errors on poster. Getting There Poster was missing no more than 2 elements 30 points Graphics and colors were irrelevant or did not add visual appeal. 10 points Needs to improve on voice projection. 7 points Two or less errors. 10 points 0 points Could not be heard. Did not make eye contact. 0 points More than two errors. 5 points Did Not Meet Requirement Poster was missing more than 2 elements. 20 points Graphic/Pictures were inappropriate.

Unit 4 Think/Tac/Toe
Select any combination of activities that will make three in a row. All assignments must be completed by the last day of the unit. Dont wait until the end!
Watch the following videos: Oprah Evaluate Read the 12 characteristics of Successful Entrepreneurs on page 77 of the textbook. Rank these 12 characteristics from most important to least important and explain your rankings. Read Chapter 5, Write Notes Complete Write About It on Page 89 of the textbook. Complete 1619

Winfrey, Andrew Carnegie, and Muhammad Ali .

Summarize the stories in the videos. Answer, in complete paragraphs, how/why did the entrepreneurs choose their careers? What were the advantages of the form they chose?

Create a survey using Microsoft Office software. This survey will be sent out to local small business owners and entrepreneurs. Found out what technical skills they possess and will need in the future.

Read The New Entrepreneurial Write a business letter to the economist Kathryn Kobe with 4 questions that youd like to ask. Include 3 interesting things you learned about the entrepreneur in the article. Follow the block formatting style that we learned in Unit 2.

Watch Write a paragraph describing how the following quote applies. There will come a time when big opportunities will be presented to you, and youve got to be in a position to take advantage of them. Sam Walton,

founder of Wal-Mart Inc.

Read about a famous entrepreneur and write a one page reflection on their life. Watch Soda Pop Company video. Write a paragraph describing how the following quote applies to the owner. Include specific examples from the video. There will come a time when big opportunities will be presented to you, and youve got to be in a position to take advantage of them. Sam Read Chapter 5, Take notes Answer Review Questions 1-7 page 88.

Walton, founder of Wal-Mart Inc.

***Each box is worth 20 points for a total of 60 points for the unit.***

Business Plan Activity Directions to the Student In this Activity you will complete an activity designed to simulate a real work situation. You are to perform this assessment as if you work for your high school You will recognize a business opportunity at Burke High School and present it in an organized and convincing manner using a PowerPoint presentation. You will use the PowerPoint to present your idea in our next class. 1. Work with you group in generating a business idea. 2. Generate a Business Idea that can be implemented as a School based Enterprise. Answer the following questions for your idea. a. What will we produce? b. Who are our competitors? c. Why is our product needed? d. How much will our product cost to produce? e. How many people will we need to run the business? o Hours of Operation? o Location? o Roles & Responsibilities? f. What physical facilities will we need? g. What licenses, permits, risks management will be required? h. How much money will we need to get started? i. How much profit do we expect to make? j. What challenges do you anticipate? 3. Create a PowerPoint presentation to convince facilitator and other participants that you (the team) can make this Business idea work. 4. Present your idea, using the PowerPoint Presentation as a visual aid,

to the facilitator and other participants. 5. After all ideas have been presented, discuss and select the idea(s) to implement. You will have 2 class blocks to generate an idea and create a PowerPoint Presentation.

PRESENTATION RUBRIC Teacher Notes:

Name: ________________________________ Date of Presentation: ____________

Teacher: Title of Work: Business Plan Criteria Points 2 Audience has difficulty following presentation because student jumps around. Student is uncomfortable with able to answer only rudimentary questions Student occasional Visuals related to text and presentation used visuals that rarely support text and presentation Presentation has no more than two misspellings and/or grammatical errors. Presentation had three misspellings and/or grammatical errors. Student incorrectly .Student's presentation had four or more spelling errors and/or grammatical errors Student mumbles, incorrectly pronounces terms, and speaks too quietly for students in the back of class to hear Did not gain much support. Group not very productive. Seldom on task. ______ ______ ______ ______ Student used no visuals. ______ 1 Audience cannot understand presentation because there is no sequence of information. Student does not have grasp of cannot answer questions about subject ______ ______

4 Student presents Organization information in logical, interesting sequence which audience can follow

3 Student presents information in logical sequence which audience can follow

Student demonstrates full Student demonstrates knowledge. Answered all Content Knowledge questions. (more than required)with explanations and elaboration. Student used visuals to reinforce screen text and presentation knowledge and thought. Answered most questions satisfactorily.

information and is information; student

Visuals PowerPoint

Presentation has no Mechanics misspellings or grammatical errors

Student used a clear voice Student's voice is clear. Delivery and correct, precise pronunciation of terms. Student pronounces most words correctly.

pronounces terms. Audience members have difficulty hearing presentation

Very Good Business Idea Excellent Convinced all. Group ALWAYS listened Collaborative Skills to, shared with, and supported the efforts of others. Always stayed on Convinced the majority. Group Usually listened to, shared with, and supported the efforts of others. Usually

Good Convinced half the audience. Group Sometimes listened to, shared with, and supported the

task.

stayed on task.

efforts of others. Easily distracted from task. Total----> ______