Week May 4, 2015 – May 8, 2015 DECA NEWS: DECA Meeting MAY 14 th – OFFICER ELECTIONS! Be sure to attend! Are you ready for Relay for Life? Need more Community Service hours? Sign up to help at Some Gave All Motorcycle Rally at KGHS May 17! Sign up to host/hostess at the May 20 KG Business Appreciation Reception! Due This Week: Chapter 10 Vocab & Review due Thursday Chapter 10 Test Friday

 Early Work: What is a manager?  Today’s Objective: Professional Knowledge and SkillsProfessional Knowledge and Skills  Activities  Vocabulary complete with Review – page #1-21 Vocabulary  Chapter 10 - Introduction  Section 10.1 – PowerPoint & Notes  Individual Work – Complete on notebook paper and turn in to teacher:  Complete all Checkpoint Questions – pg 273 & 275  Complete all Assessment Questions – Pg 275 #1-4 + Teamwork question  What will your procedures be? Select one and write it out  Homework: Work on BYBPP ☞ Point of the Day: Managers use a different set of skills to handle the day to day business. Success is knowing your purpose in life. Magical Monday Manners Moment

 Early Work: What are the five (5) management Functions?  Today’s Objective: Professional Knowledge and SkillsProfessional Knowledge and Skills  Activities  Vocabulary & Review Due Thursday!!!  Section 10.2 – Notes & PowerPoint  Individual Work – Complete on notebook paper and turn in to teacher:  Complete all Checkpoint Questions – pg 278 & 280 & 282  Complete all Assessment Questions – Pg 282 #1-5 + Teamwork question  Inventory – How do you figure this out?  Homework: Work on BYBPP ☞ Point of the Day: Managers handle planning, organizing, staffing, implementing and controlling the operations of a business. Success is growing to reach your maximum potential. Tough Tuesday – Name that Company

 Early Work: What is the difference between the perpetual and periodic inventory methods?  Today’s Objective: Professional Knowledge and SkillsProfessional Knowledge and Skills  Activities  Vocabulary & Review due TOMORROW!!  Section 10.3 – PowerPoint & notes  Individual Work – Complete on notebook paper and turn in to teacher:  Complete all Checkpoint Questions – pg 286 & 290  Complete all Assessment Questions – Pg 290 #1-5 + Teamwork question  Financial Management – Break Even Point  LEADERSHIP SKILLS – Page 291 – Review and write out “Try it Out”  Homework: Work on BYBPP! Test Friday! ☞ Point of the Day: A detailed operations manual is essential to running a successful business. Success is sowing seeds that benefit others. Work Wear Wednesday & Role Play Day!

 Early Work: Newspaper Day – The Free Lance Star What are the two ways to improve your cash flow?  Today’s Objective: Professional Knowledge and SkillsProfessional Knowledge and Skills  Activities  Vocabulary & Review Due TODAY!  PROGRESS CHECK on your project – Chap 1-7  COW in the Room – MOOOO!  Work on BYBPP – Operations Manual  Homework: Chapter 10 Test tomorrow ☞ Point of the Day: To manage cash flow, begin by creating a cash budget We make a living by what we get, but we make a life by what we give. Throw Back Thursday – Share a Weird Fact today!

 Early Work: What is the difference between gross income and net income?  Today’s Objective: Professional Knowledge and SkillsProfessional Knowledge and Skills  Activities  Vocabulary & Review – be sure these are in composition book – leave in basket for grading!  Chapter 10 Test  Continue work on BYBPP  Journal – “My School Week”  Homework: Work on BYBP ☞ Point of the Day: Analyzing financial statements help you understand how well your business is doing We can do anything, but we can’t do everything. Foxes Friday - The Week’s Wrap-Up & Good News!

 Manager  Management  Organizational structure  Authoritative management  Democratic management  Operations manual  Perpetual Inventory Method  Stock Card  Point-of-Sale (POS) Software system  Periodic Inventory Method  Stock Turnover Rate  Cash Budget  Gross Sales  Net Sales  Breakeven Analysis Review – Pgs , #1- 21 due Thursday Vocabulary & Review Due THURSDAY! TEST on FRIDAY! Review – Pgs , #1-21 due Thursday

Demonstrating Workplace Readiness Skills: Professional Knowledge and Skills  Demonstrate effective speaking and listening skills.  Demonstrate effective reading and writing skills.  Demonstrate critical-thinking and problem-solving skills.  Demonstrate healthy behaviors and safety skills.  Demonstrate an understanding of workplace organizations, systems, and climates.  Demonstrate lifelong-learning skills.  Demonstrate job-acquisition and advancement skills.  Demonstrate time-, task-, and resource-management skills.  Demonstrate job-specific mathematics skills.  Demonstrate customer-service skills. CTE Competencies Linked to SOLs

Now that you have a business set up, how will you manage it? How will you handle the day to day business operations? How will you handle your inventory and keeping track of when to reorder? How will you manage your finances to be sure you are making money and not wasting money? This chapter provides you with many answers to these questions. It boils down to creating procedures and policies and sticking to them. Just like in school…

 R-E-S-P-E-C-T EVERYTHING!!!  Your supplies – bring your stuff every-day! Bring your book every-day! Bring your notebook & composition book every- day! Bring pen/paper/thinking cap/open mind ever-day!  Place all bags on floor under your table! Cell phones in bag!  Wait for Teacher instruction before beginning activity!  Passes out of Class - No Exit First 10/Last 10  One person out of room at a time  Pass Board– USE IT!  Keep it short!  Stay in your seat until you are dismissed from class – the bell tells Teacher when class is over; Teacher then dismisses you.  No talking while Teacher or others have the floor.  Watch your language and mind your manners, please.  All School Rules will be followed without question.