A-Day
Bellbuster: If you have not completed your blog or your modules on EverFi, please take this time to complete one or the other or both.
Opening Activity:
Standard:
BMA-ENT-4 Apply fundamental business concepts that affect business decision making.
Essential Question:
Objectives:
By the end of this lesson we will have:
Hook:
If you had your own business, would it be successful? How do you know you have what it takes to assess risk correctly and transfer your knowledge into profits for your business?
.
Work Period
(Instructor Guided)
1. We will continue where we left off last class period, exploring the business simulation Rags to Riches.
2. Ms. Gee will begin a simulation to demonstrate concepts of profit, savings, liability, assets, loan repayment, advertising, etc.
(Student Application)
3. Students will then complete the business simulation on their, and screenshot their results and paste them in Classrooms.
4. Once you have completed this, make certain you have up to chapter 2 read in Robert Kiyosaki's Rich Dad, Poor Dad book and complete a one page summary and analysis of the book. Along with the book's summary, please be certain to discuss the following:
Materials Needed:
Bellbuster: If you have not completed your blog or your modules on EverFi, please take this time to complete one or the other or both.
Opening Activity:
Standard:
BMA-ENT-4 Apply fundamental business concepts that affect business decision making.
Essential Question:
- How do good decisions or the lack of, affect business?
- What is risk? How can you avert risk?
Objectives:
By the end of this lesson we will have:
- Complete an online model business simulation.
- Assess risk to make your simulated business a success.
Hook:
If you had your own business, would it be successful? How do you know you have what it takes to assess risk correctly and transfer your knowledge into profits for your business?
.
Work Period
(Instructor Guided)
1. We will continue where we left off last class period, exploring the business simulation Rags to Riches.
2. Ms. Gee will begin a simulation to demonstrate concepts of profit, savings, liability, assets, loan repayment, advertising, etc.
(Student Application)
3. Students will then complete the business simulation on their, and screenshot their results and paste them in Classrooms.
4. Once you have completed this, make certain you have up to chapter 2 read in Robert Kiyosaki's Rich Dad, Poor Dad book and complete a one page summary and analysis of the book. Along with the book's summary, please be certain to discuss the following:
- Who did Robert refer to as his "rich dad"? "poor dad"?
- How old was Robert when he first began learning "to be rich"?
- What was the first project Robert and Mike created to "make money"
- Why did Mike's dad want Robert to get mad about making 10 cents and hour?
- Why did the boys agree to work for free?
- What was the first lesson "rich dad" taught the boys?
- What did "rich dad" refer to as one of life's biggest traps?
- What knowledge have you gained so far from our readings?
- What do you hope to learn from reading this book?
Materials Needed:
- Rich Dad, Poor Dad Book
- Rags to Riches Simulation