Business Essentials Week of January 12th – 19th

MONDAY

• 1.2  Objectives:

1. Explain how profit and competition motivate businesses.
2. List the activities businesses undertake when developing products and services.
3. Explain how business impacts you and how you impact business.

TUESDAY

Chapter 1 Review

• Page 16 & 17 (#1-13 & 15)

WEDNESDAY

• Ch 1 Review
• Chapter 1 Quiz

THURSDAY

• Ch 2 Vocab
• Read section 2.1
  • 2.1 Assignment (worksheet)
  • 2.1 Graphic Organizer

FRIDAY

• You have 7, 14, or 21 days to make as much money as possible, and you’ve decided to open a lemonade stand! You’ll have complete control over your business, including pricing, quality control, inventory control, and purchasing supplies. Buy your ingredients, set your recipe, and start selling!
  • Lemonade Stand
    • Think about (supply & demand, factors of production, customer satisfaction)