Foundations of Business: Chapter 9 Quiz

Take the Chapter 9 Quiz. Watch Eyewris Shark Tank and discuss the following: Product/Service Description Investment They’re Seeking Pitch Strong Points (revenue, sales, patents, etc.) Pitch Weaknesses (debt, lack of knowledge, etc.) What was the deal if they got one? If not, why? Would you invest?

Foundations of Business: What is a product?

Read Chapter 10.1. Watch Introduction to Product Design and Development video. Complete the Intro to Product Design worksheet. Learning Targets: I can define product. I can discuss the four product development categories and give examples of each. I can list the characteristics of an entrepreneurial start-up.

Foundations of Business: Where do product ideas come from?

Read Chapter 10.2. Watch America by Design with the following featured innovations: GMX7 Aquatic Resistance Training System, Embody Gaming Chair, Smart Transcription, Welch Allyn® RetinaVue® 700 Imager, Rachio 03 Smart Sprinkler System, and Avid S1. Select a product from the CNN New Product Watch List and complete the New Products worksheet. Learning Targets: I understand that the majority […]

Foundations of Business: Industry Analysis

Read Chapter 10.4. Watch this video on industry analysis and complete the Industry Analysis worksheet. Play Kahoot! to review material. Learning Targets: I can define industry. I can complete an industry analysis using the six forces model.

Foundations of Business: Breakeven Analysis

Read Chapter 10.6. Review PowerPoint Presentation (linked below) and complete the breakeven assignment. Breakeven Analysis Play Kahoot! to review material. Watch video on Industrial Design. Learning Targets: I understand that breakeven analysis is a method of determining the level of sales at which the company will break even (have no profit or loss). I can define the following: fixed […]

Foundations of Business: Forecasting Demand

Read Chapter 10.5. Watch this Forecasting video and complete the Forecasting assignment in Teams. Learning Target: I can define market share. I can use a spreadsheet to forecast and evaluate trend lines.

Foundations of Business: Product Development

Watch Design Mix video and complete the worksheet. Discuss product development process from Chapter 10.7. Learning Target: I can describe the process of developing a product that meets customer needs.

Foundations of Business: Protecting Your Idea

Read Chapter 10.8. Watch video on patent application process.   Discuss 4 Types of Patents: Utility patent Provisional patent Design patent Plant patent   Discuss 3 Patent Strategies: Defensive Offensive Licensing   Learning Target: I can explain a patent and the criteria required to get one.