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Entreprenuer and small business class:

Discussion 1.2: due 12/6/15

Think of a business to start.  Explain the business and how you would get it started using the criteria below.

• You have $1000 to start the business.
• The business must make money within one week.
• The business has no employees.
• You have a working car or pickup truck.
• You have an apartment, garage, or dorm room.
• You have a phone.
• The business must be legal.
• Discussion 2:due 12/13/15
• Along with developing your mission statement, it is important to develop your elevator pitch, a brief speech designed to hook your listener into responding, “Tell me more.”  View the videos at NBC Learn – Holly's Oatmeal, Dogysheets, and The Better Half Jewelry.  Now, think of yourself riding up 50 floors in an express elevator. You have 30 to 60 seconds to explain to a stranger what your business is about.  What will you say?  Can you dazzle him or her so that they will ask for more? Create an elevator speech and include your product or service’s benefits, your target market, and why your customers will buy from you.
• Assignment1: Due 12/6/15

• LP1 Assignment: Product Life Cycles

  Directions: Today, product life cycles are measured in terms of months and years rather than decades and generations. It’s important to match trends with life-cycle stages. Economically, socially, technically, and financially, our world is changing at incredible speed. Few of us today could imagine life without the internet. What will be the next big thing we will not be able to live without?

  Pick a product that fits each of the five life-cycle stages from Figure 2.8 (embryo, growth, maturity, decline, and rebirth) and recap the information you discovered in a one to two page paper. This can be one product that has gone through the five life-cycle stages or five different products demonstrating a different life-cycle stage.

  Type your responses in a Word document and submit it to your instructor via the dropbox "LP1 Assignment: Product Life Cycles." This assignment is worth 75 points; grading will be based on the LP1 Scoring Guide.

  Week 2 assignment: due 12/13/15

  LP2 Assignment: Research Selected Industry

  Directions: Conducting research is easier than ever with access to the greatest information data bank ever – the internet.

  • Use the internet to locate the names of trade associations your business would be part of and make note of the addresses, phone numbers, and websites.
  • Use CEO Express (Lifestyle magazines - online marketing - company research – industry specific – associations - trade) to locate magazines or journals within your selected industry to reach your Target Customers and your suppliers. Spend time researching your list. Also review the additional resources below.
  • Recap this research information for your industry in a 1-2 page paper highlighting important issues, current events, and industry changes.

  Also review the websites under Resources– Marketing: Company Research & Private Databases.
  
  Submit this assignment to your instructor via the dropbox “LP2 Assignment: Research Selected Industry.” This assignment is worth 75 points.

  Second class

  MT4441 - Business Review Lab:

  Discussion 1.2: due 12/13/15

   

   

   

  LP1 Assignment: Financial Statements

  This assignment will assess Competency 1. Explore key concepts that relate to generally accepted accounting practices.

  Directions: In Part I of the Assignment Document LP1 Accounting Assignment, identify next to each item which statement the item would appear. The items listed could appear on the income statement (I), balance sheet (B), or statement of cash flows (CF). Then, for each group, explain the difference between the items in the set.

  In Part II of the Assignment Document, you will discuss the relationship between the financial statements.

  Submit this assignment to your instructor via the dropbox "LP1 Assignment: Financial Statements." This assignment is worth 30 points and will be graded according to the scoring guide below

   

   

   

   

   

   

  Third class:

  OM3000 - Operations Management