1. BUSINESS MANAGEMENT  Master PowerPoint on Chapter 5 Chapter 6 Chapter 7

2. Friday, February 13, 2015  About Ethics and Social Responsibility

3. Monday, February 16, 2015  Recapping Enron Movie  What were various ethical dilemmas?

4. Recap of Monday, February 16, 2015  Business, Workers and the Law  Regulations and 6 Laws… 1. Corporate Law (3 types of business) 2. Tax Law 3. Intellectual Property Law (3 types) 4. Consumer Law 5. Commercial/Contract Law 6. Licensing and Zoning Law

5. Recap of Monday, February 16, 2015  3 Intellectual Property types Patents … inventions Trademarks/Logos …. Examples?? Copyright….creative work (books, songs, art, plays

6. Recap of Monday, February 16, 2015  3 Business Types Sole proprietorship Partnership Corporation

7. Monday, February 23, 2015  Employment Laws and their Impact Read pp. 106-129 Write out all definitions (12) Complete your assigned Employment Law case. Research your particular case and write out two paragraphs about the law assigned. You may use – not copy – the book. Please utilize internet and cite at least one website used.

8.  Employment Laws and their Impact  Let’s test our Law and Employment Law knowledge by going over Chapter 5 Assessment on page 130.

9.  EQ: Understand economic indicators to recognize economic trends & conditions.  We will look closely at making decisions in a market economy.  Who has ever tried to buy a product that was in limited supply??

10.  Scarcity = fact that too few resources are available for everyone in the world to consume as much as he or she would like  Opportunity cost = when you take one action/make one purchase, then this is the best opportunity that is passed up/lost

11.  Scarcity impacts: Limited income Limited resources Limited education/low skills

12.  Command economy = government decides what good and services are produced.  Market economy = private companies and individuals decide what to product and consume.

13.  Supply = quantity of a good or service that businesses are willing and able to provide (Direct relationship)  Demand = quantity of a good or service that consumers are willing and able to buy (Indirect relationship)

15. Wednesday, February 25, 2015  EQ: Understand economic indicators to recognize economic trends & conditions.  Today, we will look at Business Cycle, its phases and various Economic Indicators.  What business cycles have occurred in the last 100 years??

16. Wednesday, February 25, 2015

17.  More on ….the Business Cycle  Periods with little growth or decline would simply be considered stagnation and movement of line is passage of time. Line will normally show some mild grade of slope.  Some more helpful graphs follow. …..

18. Wednesday, February 25, 2015

21. Monday, March 2, 2015  Measuring Economic Activity  Real Life applications of measuring performance … EXAMPLES  GDP = gross domestic product or total dollar value of all final goods and services produced in country in a year  GDP per Capita = output per person

24. 4 Items Make up GDP  1. Consumer Spending  2. Business Spending

25.  3. Government Spending  4. Exports and Imports

26.  Other Measures of Economic Activity Unemployment Rate Productivity Personal Income Retail Sales

27. Unemployment Rate  NC rates.. October 2013  http://www.hcpress.com/news/county- unemployment-rates-for-nc- released.html

28. Productivity  http://www.bls.gov/news.release/prod2.n r0.htm http://www.bls.gov/news.release/prod2.n r0.htm

29. Personal Income

31. Retail Sales…. http://davidstockmanscontracorner.com/why-retail-sales-are- faltering-bottom-60-of-households- have-no-real-income-gains-since- 2008/

32.  For a Classwork grade: …. Chapter 6 Assessment Write out 13 definitions and answer 5 Recall Key Concepts questions and 5 Thinking Critical questions

33.  EQ: Understanding impact of global economy on business management.  Global economy = economy in which companies compete actively with businesses from all over the world  Free trade area = region within which trade restrictions are reduced or eliminated  NAFTA = 1994 b/w USA,Canada,Mexico

34.  NAFTA good or bad for US companies, US workers, US consumers?!?!?  https://www.youtube.com/watch?v=mSX mB_my0ls

35.  Various avenues to do business globally… Foreign Intermediary Licenses and Franchises Strategic Alliance Multinational Corporations

36.  NFL overseas: http://www.nfl.com/news/story/09000d5d 82310fe4/article/basing-an-nfl-franchise- overseas-would-bring-major-obstacles http://www.nfl.com/news/story/09000d5d 82310fe4/article/basing-an-nfl-franchise- overseas-would-bring-major-obstacles  Subway growing worldwide: https://www.youtube.com/watch?v=saB8 GMjIpVw  GM Trucks and Toyota Sedans alliance

37.  Must understand foreign cultures… China: food and meals are key Indonesia: fashionably late Singapore: art of business card Saudi Arabia: clasp hands vs. handshake Switzerland: very formal – no humor

38. More on Culture  Chinese business culture: https://www.youtube.com/watch?v=H6g7tU coF3I  Indonesia: https://www.youtube.com/watch?v=3z8Y 3LknZFo https://www.youtube.com/watch?v=3z8Y 3LknZFo  France: https://www.youtube.com/watch?v=UVZz ydTzeyw

39. Assignment  Go find a country we have not discussed today and identify one (1) important/interesting piece of business etiquette/culture for that country