Student Store / Business

May Calendar

 

Home

Personal Finance

Careers

Marketing

Student Store

Business CAM

 

 

Sun
Mon
Tue
Wed
Thur
Fri
Sat

2

Black Group- Work in store + Curriculum -

Compete the Projects and Problems from ch 5 (Market Economy) handout given in class today. This should give you a better idea of how the supply and demand curves work as well as finding the equilibrium price. You may skip section F on the last page of the exercises.

Go to the Business Discussion Board and respond to the Chapter 5 Discussion 2 question. Many of us still need to do a better job of thoroughly answering the questions in the discussion as well as giving insight and adding to our fellow students' postings. Some of you are there but many of you can do better. Next Reply to two of your colleagues' postings adding to their arguments by offering additional insight.

Read Ch 9 in textbook as a group. Go over the Accounting Equation.

 

White Group- Store Management Jobs

 

Red Group - Work in store + Curriculum -

Class Discussion of Accounts Receivable, and Inventory Management.

You will need a partner to complete this assignment.

Continue to work on financial statements. You will determine your company's Accounts Receivable and Inventory management. You will need to partner up for this assignment and make sure that you have finished the Current Ratio Assignment from the previous day.

3

Black Group- Work in store + Curriculum -

Ch. 9 in Introduction to Business textbook - Write down the definitions of the 11 vocabulary words at the beginning of the chapter.

Read chapter 9 (Managing Business Finances) p. 137-148)

Answer the "Understand Business Concepts" question 1-10.

Class Discussion of Stocks

Begin finance/accounting worksheets (ch. 9) and turn it when completed

White Group - Store Management Jobs

 

Red Group - Work in store + Curriculum -

Begin Module 1 Lesson 5 in the Virtual Business Management Program. Follow the assignment instructions for setting up a business.

Make sure you save your sim as Module 1 Lesson 5 your name.

When you make it to October, save your SIM and using the Virtual Business Analyzer (found in the online tools section where the quizzes are located), compare it to one of your classmates' SIM.

Take Quiz 4 Starting a Business

4

Black Group - Work in store + Curriculum -

Module 1 Lesson 4 (Basic Financing)- Your job is to increase your cash on hand. Run the simulation for one year. Feel free to use the Cyber Consultant to get advice.

Make sure that you have your simulation saved in your folder titled Module 1 Lesson 4 followed by your name in the Business Folder in Linux 2. It will be graded.

White Group - Store Management Jobs

 

Red Group - Work in store + Curriculum -

Revenue analysis and Cost analysis -

Begin Module 2 Lesson 1 E-Commerce system. Your job is to lease an e-commerce system and see if the cost of leasing the system as well as the cost of hiring aSystems Administrator is justified by the increased revenue generated by doing business with customers who will only order electronically.

Follow the instruction given at the start of the SIM and answer the question asked in step five of the instructions. To access the assignment, just click on the assignment icon on the top of the screen.

Turn this paper in to me and save your simulation as Module 2Lesson 1your name in your folder located in Linux4/business

5

Black Group - Work in store + Curriculum -

Class Discussion of Current Ratio.

Current Ratio Assignment.

Take Quiz 3 Basic Financing from the online tools for Virtual Business Management website

White Group - Store Management Jobs

 

Red Group - Work in store + Curriculum -

Revenue analysis for using a Geographic Information Systems

Begin Module 2 Lesson 2 Geographic Information Systems. Your job is to lease this system and see if the cost of leasing the system as well as the actions you take because of the information that this system provides you with is cost effective. Don't forget to factor in the cost of hiring a systems administrator in case the system crashes.

Follow the instruction given at the start of the SIM and answer the question asked in step six of the instructions. To access the assignment, just click on the assignment icon on the top of the screen.

Turn this paper in to me and save your simulation as Module 2Lesson 2your name in your folder located in Linux4/business

6

Black Group - Work in store + Curriculum -

Class Discussion of Current Ratio.

Current Ratio Assignment.

Take Quiz 3 Basic Financing from the online tools for Virtual Business Management website

White Group -Store Management Jobs

 

Red Group - Work in store + Curriculum -

Telecommuting - You're going to be looking at reducing costs in your business by allowing some of your workers to telecommute - that is they work for you from their home instead of coming into your office. Using June Langhoff's Telecommuting Resource Center web site, write me a one-page paper about the advantages and disadvantages of a business using telecommuters.

Begin Module 2 Lesson 3 Telecommuting. Add a telecommuitng system for your office and allow for your employees to telecommute.

Follow the instruction given at the start of the SIM and answer the seven question asked in step four of the assignment. To access the assignment, just click on the assignment icon on the top of the screen.

Turn this paper in to me and save your simulation as Module 2Lesson 3your name in your folder located in Linux2/business

 

7

8

Black Group

White Group

Red Group

9

Black Group - Work in store + Curriculum -

Class Discussion of Accounts Receivable, and Inventory Management.

You will need a partner to complete this assignment.

Continue to work on financial statements. You will determine your company's Accounts Receivable and Inventory management. You will need to partner up for this assignment and make sure that you have finished the Current Ratio Assignment from the previous day.

 

White Group - Work in store + Curriculum -

Class Discussion of Accounts Receivable, and Inventory Management.

You will need a partner to complete this assignment.

Continue to work on financial statements. You will determine your company's Accounts Receivable and Inventory management. You will need to partner up for this assignment and make sure that you have finished the Current Ratio Assignment from the previous day.

 

Red Group - Store Management Jobs

 

10

Black Group - Work in store + Curriculum -

Begin Module 1 Lesson 5 in the Virtual Business Management Program. Follow the assignment instructions for setting up a business.

Make sure you save your sim as Module 1 Lesson 5 your name.

When you make it to October, save your SIM and using the Virtual Business Analyzer (found in the online tools section where the quizzes are located), compare it to one of your classmates' SIM.

Take Quiz 4 Starting a Business

 

White Group - Work in store + Curriculum -

Begin Module 1 Lesson 5 in the Virtual Business Management Program. Follow the assignment instructions for setting up a business.

Make sure you save your sim as Module 1 Lesson 5 your name.

When you make it to October, save your SIM and using the Virtual Business Analyzer (found in the online tools section where the quizzes are located), compare it to one of your classmates' SIM.

Take Quiz 4 Starting a Business

 

Red Group - Store Management Jobs

11

Black Group - Work in store + Curriculum -

Revenue analysis and Cost analysis -

Begin Module 2 Lesson 1 E-Commerce system. Your job is to lease an e-commerce system and see if the cost of leasing the system as well as the cost of hiring aSystems Administrator is justified by the increased revenue generated by doing business with customers who will only order electronically.

Follow the instruction given at the start of the SIM and answer the question asked in step five of the instructions. To access the assignment, just click on the assignment icon on the top of the screen.

Turn this paper in to me and save your simulation as Module 2Lesson 1your name in your folder located in Linux2/business

 

White Group - Work in store + Curriculum -

Revenue analysis and Cost analysis -

Begin Module 2 Lesson 1 E-Commerce system. Your job is to lease an e-commerce system and see if the cost of leasing the system as well as the cost of hiring aSystems Administrator is justified by the increased revenue generated by doing business with customers who will only order electronically.

Follow the instruction given at the start of the SIM and answer the question asked in step five of the instructions. To access the assignment, just click on the assignment icon on the top of the screen.

Turn this paper in to me and save your simulation as Module 2Lesson 1your name in your folder located in Linux2/business

 

Red Group- Store Management Jobs

12

Black Group - Work in store + Curriculum -

Revenue analysis for using a Geographic Information Systems

Begin Module 2 Lesson 2 Geographic Information Systems. Your job is to lease this system and see if the cost of leasing the system as well as the actions you take because of the information that this system provides you with is cost effective. Don't forget to factor in the cost of hiring a systems administrator in case the system crashes.

Follow the instruction given at the start of the SIM and answer the question asked in step six of the instructions. To access the assignment, just click on the assignment icon on the top of the screen.

Turn this paper in to me and save your simulation as Module 2Lesson 2your name in your folder located in Linux4/business

 

White Group - Work in store + Curriculum -

Revenue analysis for using a Geographic Information Systems

Begin Module 2 Lesson 2 Geographic Information Systems. Your job is to lease this system and see if the cost of leasing the system as well as the actions you take because of the information that this system provides you with is cost effective. Don't forget to factor in the cost of hiring a systems administrator in case the system crashes.

Follow the instruction given at the start of the SIM and answer the question asked in step six of the instructions. To access the assignment, just click on the assignment icon on the top of the screen.

Turn this paper in to me and save your simulation as Module 2Lesson 2your name in your folder located in Linux4/business

 

Red Group - Store Management Jobs

13

Black Group - Work in store + Curriculum -

Telecommuting - You're going to be looking at reducing costs in your business by allowing some of your workers to telecommute - that is they work for you from their home instead of coming into your office. Using June Langhoff's Telecommuting Resource Center web site, write me a one-page paper about the advantages and disadvantages of a business using telecommuters.

Begin Module 2 Lesson 3 Telecommuting. Add a telecommuitng system for your office and allow for your employees to telecommute.

Follow the instruction given at the start of the SIM and answer the seven question asked in step four of the assignment. To access the assignment, just click on the assignment icon on the top of the screen.

Turn this paper in to me and save your simulation as Module 2Lesson 3your name in your folder located in Linux2/business

 

White Group - Work in store + Curriculum -

Telecommuting - You're going to be looking at reducing costs in your business by allowing some of your workers to telecommute - that is they work for you from their home instead of coming into your office. Using June Langhoff's Telecommuting Resource Center web site, write me a one-page paper about the advantages and disadvantages of a business using telecommuters.

Begin Module 2 Lesson 3 Telecommuting. Add a telecommuitng system for your office and allow for your employees to telecommute.

Follow the instruction given at the start of the SIM and answer the seven question asked in step four of the assignment. To access the assignment, just click on the assignment icon on the top of the screen.

Turn this paper in to me and save your simulation as Module 2Lesson 3your name in your folder located in Linux2/business

 

Red Group - Store Management Jobs

 

14

15

Red Group

Black Group

White Group

16

Black Group - Store Management Jobs

White Group - Work in store + Curriculum -

Revenue analysis for using a Geographic Information Systems

Begin Module 2 Lesson 2 Geographic Information Systems. Your job is to lease this system and see if the cost of leasing the system as well as the actions you take because of the information that this system provides you with is cost effective. Don't forget to factor in the cost of hiring a systems administrator in case the system crashes.

Follow the instruction given at the start of the SIM and answer the question asked in step six of the instructions. To access the assignment, just click on the assignment icon on the top of the screen.

Turn this paper in to me and save your simulation as Module 2Lesson 2your name in your folder located in Linux4/business

 

Red Group - Work in store + Curriculum -

Virtual Business Management - Complete module 3 Lesson 1 Introduction to International Business.

Review the Country Data report, specifically the tariffs, exchange rates and history. What are they?

Adjust your international prices up to at least 30 margin points. What is the result of this pricing change? How does it affect your market share? Why?

Look at your Financials and expand your Revenue and Gross Margin lines to see Domestic and International figures. Notice the effects of your pricing change.

Try other pricing strategies - whatever you want. What are the effects of those strategies.

Turn in paper addressing these questions.

17

Black Group - Store Management Jobs

White Group - Work in store + Curriculum -

Telecommuting - You're going to be looking at reducing costs in your business by allowing some of your workers to telecommute - that is they work for you from their home instead of coming into your office. Using June Langhoff's Telecommuting Resource Center web site, write me a one-page paper about the advantages and disadvantages of a business using telecommuters.

Begin Module 2 Lesson 3 Telecommuting. Add a telecommuitng system for your office and allow for your employees to telecommute.

Follow the instruction given at the start of the SIM and answer the seven question asked in step four of the assignment. To access the assignment, just click on the assignment icon on the top of the screen.

Turn this paper in to me and save your simulation as Module 2Lesson 3your name in your folder located in Linux2/business

 

Red Group - Work in store + Curriculum -

Exchange rate lesson.

Go to the exchange rate lesson, read the process and complete the interactive activity. Read the Conclusion and complete the Activity Worksheet in the conclusion. Print out the worksheet and turn in. Exchange Rate Lesson

Virtual Business Management - Complete module 3 Lesson 2 Exchange Rates.

Follow assignment instruction for this lesson. Make at least five changes to your international prices, noting how it affects your margins. You will need to click on Financials to see the results of your changes.

Compare your pricing decisions with a partner.

Turn in a paper with the results. Be sure to title the paper.

18

Black Group - Store Management Jobs

White Group - - Work in store + Curriculum -

Virtual Business Management - Complete module 3 Lesson 1 Introduction to International Business.

Review the Country Data report, specifically the tariffs, exchange rates and history. What are they?

Adjust your international prices up to at least 30 margin points. What is the result of this pricing change? How does it affect your market share? Why?

Look at your Financials and expand your Revenue and Gross Margin lines to see Domestic and International figures. Notice the effects of your pricing change.

Try other pricing strategies - whatever you want. What are the effects of those strategies.

Turn in paper addressing these questions.

 

Red Group - - Work in store + Curriculum -

Module 3 Lesson 3 - International Business - You are given the difficult task of deciding where to locate your business. One country is more prosperous with greater demand. The other offers lower wages but less demand. Determine which is which by reviewing the country's data.

For this simulation, there are no tariffs - this is a free trade zone.

You will partner up with someone. One of you will locate your business in Eastland, while the other in Westland. Run your simulation until October 1st. Compare the wages you paid, the profit you made. Where should you locate your business? Why? What country are most of your customer's located? Based on exchange rates, what country has cheaper labor costs? Turn in this paper with both of your names on it.

Don't forget to lease some trucks.

Save your simulation

Finally, using the Internet, find out what offshore outsourcing is. Next find an example of a compnay outsourcing. Why did they do it, what effects did it have back home? Turn this paper in and title it "OUTSOURCING".A good place to start looking is the EBS website.

 

19

Black Group - Store Management Jobs

White Group - - Work in store + Curriculum -

Exchange rate lesson.

Go to the exchange rate lesson, read the process and complete the interactive activity. Read the Conclusion and complete the Activity Worksheet in the conclusion. Print out the worksheet and turn in. Exchange Rate Lesson

Virtual Business Management - Complete module 3 Lesson 2 Exchange Rates.

Follow assignment instruction for this lesson. Make at least five changes to your international prices, noting how it affects your margins. You will need to click on Financials to see the results of your changes.

Compare your pricing decisions with a partner.

Turn in a paper with the results. Be sure to title the paper.

20

Black Group - Store Management Jobs

White Group- Work in store + Curriculum -

Group discussion on exchange rates.

Exchange rates web site

Turn in problems from board.

Red Group- Work in store + Curriculum -

Group discussion on exchange rates.

Exchange rates web site

Turn in problems from board.

21

22

Red Group

Black Group

White Group

23

Black Group - Work in store + Curriculum -Virtual Business Management - Complete module 3 Lesson 1 Introduction to International Business.

Review the Country Data report, specifically the tariffs, exchange rates and history. What are they?

Adjust your international prices up to at least 30 margin points. What is the result of this pricing change? How does it affect your market share? Why?

Look at your Financials and expand your Revenue and Gross Margin lines to see Domestic and International figures. Notice the effects of your pricing change.

Try other pricing strategies - whatever you want. What are the effects of those strategies.

Turn in paper addressing these questions.

 

White Group - Store Management Jobs

 

Red Group - Work in store + Curriculum -

Module 3 Lesson 3 - International Business - You are given the difficult task of deciding where to locate your business. One country is more prosperous with greater demand. The other offers lower wages but less demand. Determine which is which by reviewing the country's data.

For this simulation, there are no tariffs - this is a free trade zone.

You will partner up with someone. One of you will locate your business in Eastland, while the other in Westland. Run your simulation until October 1st. Compare the wages you paid, the profit you made. Where should you locate your business? Why? What country are most of your customer's located? Based on exchange rates, what country has cheaper labor costs? Turn in this paper with both of your names on it.

Don't forget to lease some trucks.

Save your simulation

Finally, using the Internet, find out what offshore outsourcing is. Next find an example of a compnay outsourcing. Why did they do it, what effects did it have back home? Turn this paper in and title it "OUTSOURCING".A good place to start looking is the EBS website.

24

Black Group - Work in store + Curriculum -

Exchange rate lesson.

Go to the exchange rate lesson, read the process and complete the interactive activity. Read the Conclusion and complete the Activity Worksheet in the conclusion. Print out the worksheet and turn in. Exchange Rate Lesson

Virtual Business Management - Complete module 3 Lesson 2 Exchange Rates.

Follow assignment instruction for this lesson. Make at least five changes to your international prices, noting how it affects your margins. You will need to click on Financials to see the results of your changes.

Compare your pricing decisions with a partner.

Turn in a paper with the results. Be sure to title the paper.

White Group - Store Management Jobs

 

Red Group - Work in store + Curriculum -

25

Black Group - Work in store + Curriculum -

Group discussion on exchange rates.

Exchange rates web site

Turn in problems from board.

White Group - Store Management Jobs

Red Group - Work in store + Curriculum -

Module 3, Lesson 4 - Tariffs & Protectionism. You will face the same location decisions as you did in lesson 3. However this time both countires have placed tariffs on imports. This will affect your chances for profits in each country.

Well, what exactly is a tariff? Click here to find out.

Open up a warehouse in the country of your choice looking at factors such as tariffs and where customers are located. Rune the SIM until OCT 1. Compare how you performed in your SIM with a partner. What worked for both of you. What worked well for you that your partner did not do? Please turn this paper in titled as Module 3, Lesson 4. Why do you think some countries have tariffs? What are the ramifications of a country having Tariffs (list both good and bad)?

26

Black Group - Work in store + Curriculum -

Module 3 Lesson 3 - International Business - You are given the difficult task of deciding where to locate your business. One country is more prosperous with greater demand. The other offers lower wages but less demand. Determine which is which by reviewing the country's data.

For this simulation, there are no tariffs - this is a free trade zone.

You will partner up with someone. One of you will locate your business in Eastland, while the other in Westland. Run your simulation until October 1st. Compare the wages you paid, the profit you made. Where should you locate your business? Why? What country are most of your customer's located? Based on exchange rates, what country has cheaper labor costs? Turn in this paper with both of your names on it.

Don't forget to lease some trucks.

Save your simulation

Finally, using the Internet, find out what offshore outsourcing is. Next find an example of a compnay outsourcing. Why did they do it, what effects did it have back home? Turn this paper in and title it "OUTSOURCING".A good place to start looking is the EBS website.

 

White Group - Store Management Jobs

 

 

Red Group - Work in store + Curriculum -

Module 4 Lesson 1 - Advanced Management-Organization. Hire the right amount of employees at each job so your warehouse runs efficiently. Run the simulation until July 1, 2004

Compare your staffing levels and profits to a partners'. Turn in this information on a paper titled "Module 4 Lesson 1 Organization".

When finished, begin Module 4 Lesson 2.

 

 

27

Black Group - Work in store + Curriculum -

Module 3, Lesson 4 - Tariffs & Protectionism. You will face the same location decisions as you did in lesson 3. However this time both countires have placed tariffs on imports. This will affect your chances for profits in each country.

Well, what exactly is a tariff? Click here to find out.

Open up a warehouse in the country of your choice looking at factors such as tariffs and where customers are located. Rune the SIM until OCT 1. Compare how you performed in your SIM with a partner. What worked for both of you. What worked well for you that your partner did not do? Please turn this paper in titled as Module 3, Lesson 4. Why do you think some countries have tariffs? What are the ramifications of a country having Tariffs (list both good and bad)?

White Group - Store Management Jobs

Red Group - Work in store + Curriculum -

It's time to work on Module 4 Lesson 2 - Advanced Management. Run the SIM until July 1, 2004. The first time you run the SIM, save it at Module 4 Lesson 2 Experienced. The second time you run the SIM save it as Module 4 Lesson 2 Inexperienced.

There are a couple of questions to answer from the assignment. Answer these questions using data to back up your answers. Please turn in this paper to me titled Module 4 Lesson 2.

28

 

Red Group

Black Group

White Group

 

31

Black Group - Work in store + Curriculum -

Module 3, Lesson 4 - Tariffs & Protectionism. You will face the same location decisions as you did in lesson 3. However this time both countires have placed tariffs on imports. This will affect your chances for profits in each country.

Well, what exactly is a tariff? Click here to find out.

Open up a warehouse in the country of your choice looking at factors such as tariffs and where customers are located. Rune the SIM until OCT 1. Compare how you performed in your SIM with a partner. What worked for both of you. What worked well for you that your partner did not do? Please turn this paper in titled as Module 3, Lesson 4. Why do you think some countries have tariffs? What are the ramifications of a country having Tariffs (list both good and bad)?

White Group - Work in store + Curriculum -

Module 3 Lesson 3 - International Business - You are given the difficult task of deciding where to locate your business. One country is more prosperous with greater demand. The other offers lower wages but less demand. Determine which is which by reviewing the country's data.

For this simulation, there are no tariffs - this is a free trade zone.

You will partner up with someone. One of you will locate your business in Eastland, while the other in Westland. Run your simulation until October 1st. Compare the wages you paid, the profit you made. Where should you locate your business? Why? What country are most of your customer's located? Based on exchange rates, what country has cheaper labor costs? Turn in this paper with both of your names on it.

Don't forget to lease some trucks.

Save your simulation

Finally, using the Internet, find out what offshore outsourcing is. Next find an example of a compnay outsourcing. Why did they do it, what effects did it have back home? Turn this paper in and title it "OUTSOURCING".A good place to start looking is the EBS website.

Red Group - Store Management Jobs

 

June 1

Black Group - Work in store + Curriculum -

Module 4 Lesson 1 - Advanced Management-Organization. Hire the right amount of employees at each job so your warehouse runs efficiently. Run the simulation until July 1, 2004

Compare your staffing levels and profits to a partners'. Turn in this information on a paper titled "Module 4 Lesson 1 Organization".

When finished, begin Module 4 Lesson 2.

White Group - Work in store + Curriculum -

Module 3, Lesson 4 - Tariffs & Protectionism. You will face the same location decisions as you did in lesson 3. However this time both countires have placed tariffs on imports. This will affect your chances for profits in each country.

Well, what exactly is a tariff? Click here to find out.

Open up a warehouse in the country of your choice looking at factors such as tariffs and where customers are located. Rune the SIM until OCT 1. Compare how you performed in your SIM with a partner. What worked for both of you. What worked well for you that your partner did not do? Please turn this paper in titled as Module 3, Lesson 4. Why do you think some countries have tariffs? What are the ramifications of a country having Tariffs (list both good and bad)?

Red Group - Store Management Jobs

June 2

Black Group - Work in store + Curriculum -

It's time to work on Module 4 Lesson 2 - Advanced Management. Run the SIM until July 1, 2004. The first time you run the SIM, save it at Module 4 Lesson 2 Experienced. The second time you run the SIM save it as Module 4 Lesson 2 Inexperienced.

There are a couple of questions to answer from the assignment. Answer these questions using data to back up your answers. Please turn in this paper to me titled Module 4 Lesson 2.

White Group - Work in store + Curriculum -

Module 4 Lesson 1 - Advanced Management-Organization. Hire the right amount of employees at each job so your warehouse runs efficiently. Run the simulation until July 1, 2004

Compare your staffing levels and profits to a partners'. Turn in this information on a paper titled "Module 4 Lesson 1 Organization".

When finished, begin Module 4 Lesson 2.

Red Group - Store Management Jobs

June 3

Black Group - Work in store + Curriculum -

Make sure all work is turned in.

White Group - Work in store + Curriculum -

It's time to work on Module 4 Lesson 2 - Advanced Management. Run the SIM until July 1, 2004. The first time you run the SIM, save it at Module 4 Lesson 2 Experienced. The second time you run the SIM save it as Module 4 Lesson 2 Inexperienced.

There are a couple of questions to answer from the assignment. Answer these questions using data to back up your answers. Please turn in this paper to me titled Module 4 Lesson 2.

Red Group - Store Management Jobs