Tuesday, 22 November 2011

Opening Activity


  • "If goods were sold only for cash, prices would be lower and everyone would be better off."
  • "If I can't pay for something, it means I can't afford it, so I won't buy it." 
  • "I buy on credit whenever I can because credit increases sales and is good for businesses."
  • "You should use credit sometimes: it helps you establish a credit rating, which may be useful in case of an emergency." 
I agree sort of agree with the following statements because on the second sentence, its true that some people won't pay for stuff if they can't afford it. I also believe in the first sentence because everyone would be happy if the goods that they need were lower prices. I don't really agree on the third sentence because if you buy your stuff on the credit card, then you would have to pay your interest and such so it wouldn't be as good for you, but it would be good for those businesses because it would make them more money. I agree on the last sentence because sometimes you should use your credit card and it may be useful in a situation where you don't have money to pay your things. 

Friday, 18 November 2011

Opening Activity

Planning is described as the basic function of management, it deals with future actions, it decides what is appropriate for future goals, and it is an exercise that has problem solving and decision making. Organizing is described as the process of bringing together physical, financial, and human resources. It makes a productive relationship when you have organize goals. Organizing deals with identifying activities, classifying group activities, assign duties, responsibility, and conducting responsible relationships. Directing is described as the function that makes your method work efficiently. It deals with supervision, motivation, leadership. and communication. Controlling is described as the measurement of accomplishment against the standards. Your business can be accomplished by doing a standard performance, measure actual performance, and compare those two, and have corrective action. I think the positive of participative planning is that you can have more ideas that will help make your business improve and also, you can assign more roles to people to finish your business. I think it can be a negative thing because if there is too many people, it can get crowded and your business might not run efficiently. 

Thursday, 17 November 2011

Opening Activity

The people that help motivate me would be my family, friends, and teachers. My family helps motivate me by telling me that I make them proud and that I should do good in school to get a good job and graduate. They also help motivate me by always staying by my side, they are always there, supporting me, giving me positive influence, and always being there to help me. My friends help motivate me by always giving cheerful comments. My teachers also motivate me by being there. explaining things carefully if I don't understand, and they are quite nice and they also give me positive influences. This would be good for our work because if we give positive motivation then we could finish our work and tay on task. 

Tuesday, 15 November 2011

Opening Activity

Yes I did work on the yearbook pages, what I like about this product is that you can personalize the pages and you can choose what types of pictures and the designs that it allows you to do. I also like that it is easy to use. What I would like to be different would be the frame sizes, sometimes the picture that you choose would not fit nicely in the frame. I think this product would appeal to the people that are interested in buying our products. We could market our yearbook pages on the T.V in the rotunda or have it announced it in the morning when people are going to class.  

Thursday, 10 November 2011

Opening Activity

Ads: Lucky Charms, Crispy Crunch, Coka-Cola, Rice Krispies, Resse puffs, Oreo, Dairy Queen, Doodle Jump, Jaws, Superman, Heros, Twilight, Apple, 
My least favourite ad would be the MacDonald's ads because when they demonstrate the food, it doesn't look like the real thing when you buy it. Plus, they say that the meat and vegetables are all fresh and delicious but you don't actually know what type of meat they use. My favourite ad would be the waffles commercial because I like how it entertains you with the walking and talking waffles and how the little kids chase it around with a fork or something like that. 

A good advertisement: 
This is a good advertisement because Mr. Clean is a cleaning product so it shows that the section with Mr. Clean on it is cleaner than the rest of the cross-walk. 

A bad advertisement: 
 
This is a bad advertisement because this shows that McDonald's has fatty foods and that it increases your weight, so it would make people not want to come to McDonald's. 

Tuesday, 8 November 2011

Opening Activity

I think that this video is sort f right because they say that generation Y is all about media, though they reject and ignore commercials. Also, the information that they get will be spread by text messaging and so on. Plus, they say that the kids in families can change the way that their parents think like they can tell their parents what type of technology to buy. Though, I also think that its false because some kids aren't born into a world with technology so they aren't familiar with it. Plus, some families might not have enough money to buy things and some parents might be strict. After looking at this video, I think that we should do most of our company online.  

Monday, 7 November 2011

Opening Activity

What does this story teach you about customer service, customer loyalty, customer relations and the customer experience?


I think that this story is trying to tell you that if you have good customer service, then it will surely make you happy and like the next time you think about going in a cab or store, you will remember the experience that they gave you. Also, if the cashier or bus driver or so on has good customer loyalty, customer relations, and customer experience then you will keep that in mind and you would like to come back to that store or cab.

Thursday, 3 November 2011

Opening Activity

I think that a business can be solvent and not be profitable because a business can like be for charity work. Solvent means that a business needs to meet financial obligations. Profitable means a business that doesn't need to make a profit. If a business does it for charity then it can still meet a business standards and it doesn't have to make money from it.

Wednesday, 2 November 2011

Opening Activity

Assets are things that companies own
-Cash: it includes currency, coins, checking accounts, and undeposited checks recieved from customers. 
-Petty Cash: a current account that shows the amount of cash for small disbursement for postage, supplies, etc.
-Temporary investments: An account that contains the amount of investments that can and will be sold in the future
-Supplies: The cost of the supplies, usually listed on the balancing sheet. 
-Prepaid Insurance: shows the cost of the insurance contract and it shows the amount that is already paid.
Accounts receivable: Its shows the combined amount of debate while doubtful accounts show the credit balance.
3)Assets show the amount of cash, credit, debates, balance, and etc in accounts. 
    Liabilities are the things you have to pay before the due date (Interest, wages, taxes)
    Equity shows the stock and incomes of corporations