Foundations of Business: Monopolistic Competition, Oligopoly, and Monopoly

Read Exploring Business – Chapter 1.5. Watch video on Oligopolies and Monopolistic Competition. Watch video on Monopolistic Competition and Profit. Complete the Monopolistic Competition, Oligopoly, and Monopoly assignment in Teams. Learning Targets: I can contrast the four types of competition in a free market system: perfect competition, monopolistic competition, oligopoly, and monopoly. I can distinguish […]

Foundations of Business: Measuring the Health of the Economy

Play Kahoot! to review Chapter 1. Read Exploring Business – Chapter 1.6. Watch video on What GDP Says About the Economy. Watch video on Consumer Price Index (CPI). Learning Targets: I can list the goals of all economies: growth, high employment, and price stability. I can define gross domestic product (GDP). I can discuss price stability, inflation, […]

Foundations of Business: The Government’s Role in Managing the Economy

Read Exploring Business – Chapter 1.7. Watch The United States Economy – YouTube Complete Government’s Role in Managing the Economy assignment in Teams. Chapter 1 Review on Kahoot! Learning Targets: I can define monetary policy and fiscal policy. I understand the role of the Federal Reserve System (“the Fed”). I can explain the difference between contractionary policy and expansionary […]

Foundations of Business: Chapter 1 Quiz

Take the Exploring Business Chapter 1 quiz. Review the following Shark Tank episodes from earlier this week: Tenikle Hopscotch Learning Target: I understand the economic environment in which a United States business operates.

Foundations of Business: Shark Tank

Watch the following Shark Tank episodes and answer the questions for each one on the Shark Tank worksheet in Teams. Tenikle Hopscotch If time remains, play the Chapter 1 Kahoot! to review for the quiz on Thursday.

Foundations of Business: The Individual Approach to Ethics

Read Exploring Business – Chapter 2.2. Watch video on the Importance of Business Ethics. Watch and discuss The Burger Murders. Chapter 1 quiz will be postponed until tomorrow. Learning Targets: I can distinguish between an ethical dilemma and an ethical decision. I know the steps to solve an ethical dilemma or make a “right-versus-right” decision. I know the […]

Foundations of Business: Misgoverning Corporations

Read Exploring Business – Chapter 2.1. Ethics Experiment: Pass out a penny to each student. Explain to students that they will get 1 PBIS point for every tails they obtain when flipping the coin only 4 times. Have students record their results privately on a piece of paper. Award PBIS points privately. Watch video on […]

Foundations of Business: Identifying Ethical Issues

Read Exploring Business – Chapter 2.3. Discuss the answers to the following questions: How do I distinguish a bribe from an acceptable gift How can I identify a conflict of interest? What is the definition of a whistle-blower? How do I understand rationalizations for unethical behavior so that I can guard against them Play Kahoot! […]

Foundations of Business: The Organizational Approach to Ethics

Read Exploring Business – Chapter 2.4. Watch video on Organizational Ethics and complete the worksheet in Teams. Learning Targets: I can describe an organization’s culture. I understand what an organization’s formal code of conduct is. I can define moral mum effect and recognize steps to combat it.