Introduction to Business
Marketing
Business CAM
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31 Introduction to class, policies and expectations. What is this class about?
Does success in school = success in life? What it takes to financially succeed in life?
| 1 Go to the Business Message Board and introduce yourself to the rest of the class. Reply to at least one of your fellow classmates. When you are replying to one of your classmates, type in your first and last name followed by the name of the person you are replying to in the subject section of your message. For example Austen Stark's reply to Travis Scissons. Also, click on Anonymous in the "From" category before you send your message. That way you do not need to be a registered user with this particular website.
Go to the Business Message Board and post a response to the Greed topic. Next respond to two of your colleagues' posting. When you are responding to another student's post include your name followed by their name in the name field when you make a reply. For example if John Doe was replying to a post from Sally Johnson, the name would read: John Doe's reply to Sally Johnson, then John would type in his comments. | 2 We'll be watching "Greed" an ABC News special hosted by John Stossel. For a counterpoint to John Stossel's report you can see what FAIR (Fair and Accuracy in Roporting) has to say Stossel's work.
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5 Labor Day |
6 We'll begin reading about managing a workforce in the Introduction to Business textbook. Start off by defining the 12 business terms at the start of the chapter on pg. 118 and turn them in to me. Next, read Ch. 8 in the text. At the conclusion, write a one-page summary of what you learned in the chapter that will be helpful to a person thinking about working in the area of human resources. Use at least five of the business terms (vocabulary), located at the beginning of the chapter, in your paper (one page, double spaced).
| 7 Go to the Business Message Board and post a response to the Ch. 8 Discussion 1 topic. Next respond to two of your colleagues' posting. When you are responding to another student's post include your name followed by their name in the name field when you make a reply. For example if John Doe was replying to a post from Sally Johnson, the name would read: John Doe's reply to Sally Johnson, then John would type in his comments.
| 8 Write a one-page summary of what you learned in the chapter 8 that will be helpful to a person thinking about working in the area of human resources. Use at least five of the business terms (vocabulary), located at the beginning of the chapter, in your paper (one page, double spaced). Go to the Business Message Board and post a response to the Ch. 8 Discussion 1 topic. Next respond to two of your colleagues' posting. When you are responding to another student's post include your name followed by their name in the name field when you make a reply. For example if John Doe was replying to a post from Sally Johnson, the name would read: John Doe's reply to Sally Johnson, then John would type in his comments.
Show Virtual Business Management training video. Complete all three parts of the tutorial in VBM. You do not need to save your work. | 9 Goal - To explore the actions you control in an existing business. Open Module 1 Lesson 1 in the Virtual Business Management program. 1. You can use the actions listed on the Actions menu to manage your business. Don't worry about getting it "right." Simply explore and try to note what affect your actions have on your profits. 2. To check your profits, click the Financials button on the main toolbar and find the Profit line listed at the bottom of the Income Statement. 3. Try anything and everything. Save your SIM as Module 1 Lesson 1 followed by your name. For example, I would save my file as Module 1 Lesson 1 Bill Blevins. Create a folder titled as your first and last name in the Business Folder located in Linux 2 and save your file there. | 10 |
| 11 | 12 Goal - To increase the profits of a company through better staffing. Open Module 1 Lesson 2in the Virtual Business Management program. Fololow the steps in the assignment. Save your SIM as Module 1 Lesson 2 followed by your name. For example, I would save my file as blevinsb - Module 1 Lesson 2 . Remember to save early and save often. Go to the Business Discussion Board and look at the last discussion question that we all participated in. 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 your fellow students' postings. Some of you are there but many of you can do better. I want you to grade (using a letter grade) your posting to me as well as your two postings to your colleagues. Think to yourself - did I add to the idea or comment or did I just say that sounds great? Put your name on a piece of paper and turn in your three grades to me including a written justification of your grades. :) | 13 At the conclusion of completing Module 1 Lesson 2, take the online quiz (Quiz 1- Basic Staffing) in the on-line tools sections of the business website. You may only take this quiz once so be sure of your answers before you submit the quiz. Use the Cyber Consultant in the online tools section of the Business website for advice if you are having trouble with your business simulation.
| 14 Read Ch. 12 in the text on Entrepreneurship p.195-204. Using the Internet find two people who you believe are entrepreneurs and be prepared to discuss these people in class. Try to stay away of the higher profile names.
| 15 Quiz 1on Human Resources - covering materials learned in Ch. 8 in the text and a little bit of Ch. 12 Discussion on Market Economy - you will be taking notes.
If you're absent then...We'll begin reading about how the economic market works in the Introduction to Business textbook. Start off by defining the 10 business terms at the start of the chapter on pg.70 and turn them in to me. Next, read Ch. 5 in the text. At the end on the chapter read and respond to the section titled "Understand Business Concepts" 1-7 only. Use the vocabulary when responding to these questions.
| 16 Guest Speaker Todd Spencer and Darrell Rowland
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| 18 | 19 Finish class discussion on Market Economy
Goal - To increase the profits of a company through better pricing and purchasing. Open Module 1 Lesson 3 in the Virtual Business Management program. Follow the steps in the assignment. Use the Cyber Consultant in the online tools section of the Business website for advice if you are having trouble. Save your SIM as Module 1 Lesson 3 followed by your name. For example, I would save my file as Module 1 Lesson 3 Bill Blevins. Create a folder titled as your first and last name in the Business Folder located in Linux and save your ifle there. Use the Cyber Consultant in the online tools section of the Business website for advice if you are having trouble. Take Quiz 2 in the on-line tools section of the Business website. | 20 Finish Module 1 Lesson 3. This one may take a few tries, so try different pricing and purchasing strategies and use the cyber consultant. Take Quiz 2 in the on-line tools section of the Business website. 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. | 21 Finish Module 1 Lesson 3. Complete Quiz 2 online. Accounting
| 22 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.
| 23 Pop Quiz of Income Statement Discussion of Income Statement and Balance Sheet Creat your own income statement (profit and loss statement) for your fictional company. These financial statements will be created in a spreadsheet program (Excel 2003 in thsi classroom) using formulas where applicable.
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| 25 | 26 Pop Quiz of Balance Sheet Discussion of Balance Sheet. Creat your own balance sheet (use the same Excel file as your income statement - use the second page) for your fictional company. This will be created in a spreadsheet program (Excel 2003 in this classroom) using formulas where applicable.
| 27 Discussion of what a "public" company is. Begin finance/accounting worksheets (ch. 9) and turn it when completed
| 28 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. It will be graded.
| 29 Complete Lesson 4 Discussion of Current Ratio You will now use module 1 lesson 4 to determine the Current Ratio of your distribution business Discussion of Accounts Receivable and Inventory Management | 30 Continue to work on financial statements. You will determine your company's Debt to Equity Ratio, Accounts Receivable and Inventory management. You will need to partner up for this assignment and make sure that you have finished the previous spreadsheet that contains your Current Ratio Assignment from the previous day. Make sure both of your names are on the spreadsheet. Print out and turn in to me. Take Quiz 3 Basic Financing from the online tools for Virtual Business Management website |