business work
ijn58585858
business_work_.zipпб╫╗нд╪Ч╪п (2)/2.20.docx
Name_______________________________________________
Research and answer the following questions:
1. Where was Burger Chef’s corporate headquarters in 1970? (1 mark)
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2. Where is the ONLY surviving (as of June 2013) Burger Chef located (now called Schroeder’s)? (1 mark)
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3. Describe TWO innovations Burger Chef made in the fast food industry (besides Star Wars). (2 marks)
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b._____________________________________________________________________________________________
4. What machine did Burger Chef (then called General Equipment) manufacture and modify for a current day hamburger franchise that uses a similar machine today. Name the franchise and describe the machine. (2 marks)
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5. Evaluate THREE reasons why you think Burger Chef eventually failed. (6 marks)
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6. If you were to buy a franchise, which one would you buy, and why? (3 marks)
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Business and Management
First year IB - 11th Grade
Class Project - Business Investigation
CONCLUSION:
REFLECTION
Compile all the data and provide a full analysis of the business with an introduction, body, and conclusion.
Ideas:
1. Is the business a success based on your casual findings?
2. Would you consider buying this business/franchise or would you open a store to compete with this business?
3. Would you avoid this type of business (and/or industry) altogether and do something completely different? Why?
4. Reflection - What did you learn from this project?
Deadline: your final report – conclusion - is due on Monday, April 7.
PRESENTATION:
Prepare a (5-10 minute) presentation that includes why you chose the store, your most interesting findings (only) and your conclusion. You must use visuals (write on the board, posters, or prepare a Google doc).
Remember to practice and time your presentation. The presentation should be 5 to 7 minutes. Do not include everything, just an introduction, your most interesting findings and conclusion. Your class peers will grade your presentation. All class presentations will begin Monday (after Spring Break), April 7 - 10.
1. First Report 10 marks
2. Second Report 10 marks
3. Conclusion 10 marks
4. Class Presentation 10 marks
Total Marks 40 marks
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PAY
Calculate the following PAY and SHOW the method used to define the correct number:
1. James makes $12.00 per hour. James earns time and one half (overtime) for every hour worked over 40 per week. He worked 46 hours this week. What was his weekly pay?
2. Shen earns $8000 per month. At the end of the year, Shen also received a $15,000 bonus. His income tax rate is 20% on the first $40,000 of his annual pay and 25% on all income over $40,000. Use this figures to calculate:
a. His annual income
b. His annual taxes paid
c. His take-home pay
3. As a real estate salesperson (selling houses), Bill earns $1,200 a month salary. Last month Bill sold $250,000 worth of homes of which he earned a 3.5% commission. Calculate Bill’s monthly salary.
4. Define which is the following, time-based (T) or output (O) based:
a. A wage
b. A commission
c. Overtime pay
d. A profit sharing bonus
e. A bonus for meeting a sales goal
f. A monthly salary
PAY
Calculate the following PAY and SHOW the method used to define the correct number:
1. James makes $12.00 per hour. James earns time and one half (overtime) for every hour worked over 40 per week. He worked 46 hours this week. What was his weekly pay?
2. Shen earns $8000 per month. At the end of the year, Shen also received a $15,000 bonus. His income tax rate is 20% on the first $40,000 of his annual pay and 25% on all income over $40,000. Use this figures to calculate:
a. His annual income
b. His annual taxes paid
c. His take-home pay
3. As a real estate salesperson (selling houses), Bill earns $1,200 a month salary. Last month Bill sold $200,000 worth of homes of which he earned a 3.5% commission. Calculate Bill’s monthly salary.
4. Define which is the following, time-based (T) or output (O) based:
a. A wage
b. A commission
c. Overtime pay
d. A profit sharing bonus
e. A bonus for meeting a sales goal
f. A monthly salary
