Introduction to Business 8th Hour-8 Assignments

Your document should include:
A Title Page
A Statement of Intent
A Mission Statement
A Product Description

The title page should grab the attention of potential investors!  Include items such as...
Pictures/Your Brand/Your Logo
The Product or Business Name
Your Name
Creative design elements


The goal is catch the interest and imagination of potential investors, make them WANT to read more about your idea.  

We will review in class.

Read the attached presentation and answer the following questions


1). What are the 3 C's of Credit?


2). What are 3 pieces of information one might find on a Credit Application?


3). Who are 3 people or businesses that might look at your Credit History?


4). Why might an employer look at a potential employees credit?


5). What does Confidential mean?


6). On the Credit Card statement at the end, Teresa owes $523 dollars, but the minimum payment is only $35.  Why would the credit card company require such a low payment (under 10%) of the total owed?


7). Looking at the Credit Card Statement at the end, what is Teresa's credit limit?


8). Looking at the Credit Card Statement at the end, when is Teresa required to make her payment by?


9). Looking at the Credit Card Statement at the end, what % interest does the Credit Card Company charge Teresa on purchases?


10). Looking at the Credit Card Statement at the end, what is Teresa's Account Number/Credit Card Number?


Review From Yesterday


1). What are the 3 Credit Bureaus?  


2). What are the 5 major factors that make up your Credit Score?


3). What are the 6 main sections of a Credit Report?

Your Mission:


Craft an email to your Parents or Guardians (with myself CC'd at [email protected] )


The Email will include the following information:


1). Your current grade in this class
2). What grade you expect to finish the class with
3). Missing assignments
4). What your favorite part of the class has been so far.  
5). (Computer Concepts Only). Did you get certified?


Use skyward to find your grade information.


Send the Email for credit on this assignment

Upload your FINAL Excel Document here!

Please follow the link at the top of the page and read the article.  


Answer the 5 questions on the page and upload your insights here for credit.  

Please complete the attached Career Clusters Survey then submit. After you complete it, it will give you the top 4 career clusters of interest for a potential career for you. You can then match up your career cluster on the DDE map to see which classes you should take in high school. If you take them in high school now, they are free. If you wait until you get to college to try them out, you will pay per credit hour.

This is a bit of a review of our Introduction to Banks and Credit Unions, but takes things one step farther.  

Complete the following Budget Post Assessment.


This will count in the GREEN 40% assessment category of your grade!  

This will be the core of the Budget Project we are starting on Monday 10/4.


We will be downloading this to our computers, and completing this over the course of the week.


In a Word document answer the following Reflection Questions


Reflection Questions:


Part 1: Net Salary
1)  How did you choose your career?
2)  Now that you've seen your preliminary budget, reflect on your career choice and the lifestyle you may be able to live as a result.  What might be the benefits or challenges?


Part 2:  Savings Strategies
1)  How much did you decide to save (both savings and for retirement), any why did you make those choices?
2)  After seeing how your final budget turned out, do you think you should be saving more or less than you originally chose?


Part 3:  Spending Habits
1)  When you look at your overall spending, which categories did you spend the most and least on?
1a)  Does this surprise you?  Why or why not?


Part 4:  Surplus or Deficit?
1)  In the end, does your budget with a surplus or a deficit?
2)  What decisions did you make about your budget that led to that final outcome?


Part 5:  Summary
1)  Identify 2 lessons you learned by completing this salary based budget

How do you figure out how much should be taken from your paycheck?

This worksheet is going to take us from calculating your Gross Income (Income before deductions) to your Net Income (Income after deductions)

Your Mission:


Locate two locate banks and/or credit unions to compare.  


Using the internet or your ability to call and reach out to these financial institutions, answer the attached questions covering topics such as ...


Checking Accounts
Online Banking/Bill Pay
Interest Rates
CD's
Savings Accounts

Which account should you use and when?


Should you keep your money in a checking account?  A savings account? perhaps a CD?  


Today we will be discussing the different types of retail banking accounts, and when opening one might benefit you the most!

Today we will be looking at sample paychecks.


What is the difference between Net Income and Gross Income?
Why can't you just keep all of your paycheck? and where does the rest go?


Key Terms:
FICA (Social Security and Medicare)
Federal Income Tax
Unemployment Tax
Net Income
Gross Income
Salary
Deductions

Where are you planning on going Post High School?
What are you going to do with the rest of your life?
Who are you going be?


Your mission for today and tomorrow is to plot one possible TimeLine for your life starting today.  


What do you have left to accomplish in High School?  What college will you attend?  What career do you see yourself pursuing at this very moment? 


Think about these questions, and plot the next 15 major events in your life.  These could be graduations, jobs, promotions, exciting life events, awards, etc.  Keep  this project as grounded in reality as possible, as much as I would love to see each and every one of you join an Esport league and dominate as the undefeated champion for the next 100 years, it isn't the most likely path your life will take.

Do your very best!!  


This assessment will be graded upon completion, and NOT your final score.  We have not covered the material yet, I just want to know what you already know about the topics we are going to cover!

We are going to display our stock data in a PowerPoint created in class.  This will include:
Your total investment displayed in a Pie Chart
The progression of all your stocks in Line Graphs
and a reflection answer the following questions:
1). How is your investment currently doing?
2). Which stocks do you wish you didn't purchase?  Why?
3). If you were to start this project over again today, what would you change?

Think about the following prompts and answer the questions taking in to account as many of the concepts we have talked about this unit as possible.  


Canada
suffers a terrible depression. 
Unemployment is skyrocketing, their ability to produce even the basics
of products begins to dry up.  How could
this affect the United States?







The
United States has angered most of the world with its new Doomsday Device it has
just unveiled.  The world not wanting to
fight against such an original weapon, decides to implement Tariffs on all
imports to the US, and Exports leaving the US. 
How would this affect the US?







China
has unlocked the full potential of 5G!! 
Their computers, phones, and other electronics will now all be faster,
and of higher quality than US made products. 
How would
this affect the US?  What would the US
do?

What resources did your country end up with?


What struggles did you have to over come to get the resources you required?


Which country do you think had it the easiest?

Read each of the 5 scenarios and analysis how each would affect the Demand or Price of the items in question.  For full credit you must answer what will change and HOW YOU KNOW!


If you don't answer both parts, you will not receive credit for the assignment.  


Up load all of your answer to Google Classroom.

Learning Intention:


Plot supply and demand points on a chart to determine Equilibrium, Surplus, and Shortages.

Your Mission:


Use the information gathered over the last two days regarding the business cycle to answer the attached questions!!