Unit 5: Marketing & Free Enterprise

Size: px
Start display at page:

Download "Unit 5: Marketing & Free Enterprise"

Transcription

1 Name: Period: Unit 5: Marketing & Free Enterprise # Assignments Pts. Possible 1 What Kind of Student Am I? 5 2 Getting a Job 10 3 Entrepreneurs and Marketing 10 4 Market Research/Selecting Your Product, Promoting Your Product 5 Product Cost and Evaluation TOTAL 50 Pts. Received Unit Calendar Monday Tuesday Wednesday Thursday Friday A-Day 16 Employability Skills B-Day 19 Employability Skills A-Day 20 LAB: Italian Stuffed Shells Thanksgiving Break NO SCHOOL Thanksgiving Break NO SCHOOL Thanksgiving Break NO SCHOOL B-Day 26 LAB: Italian Stuffed Shells A-Day 27 Market Research Lab B-Day 28 Market Research Lab A-Day 29 Marketing and Project Intro B-Day 30 Marketing and Project Intro A-Day Dec. 3 Food Truck Work Day B-Day 4 Food Truck Work Day A-Day 5 Make & Sell Day B-Day 6 Make & Sell Day A-Day 7 Unit 5 Test PACKET DUE B-Day 10 Unit 5 Test PACKET DUE

2 What Kind of Student Am I? Question Yes No Maybe/ Sometimes Am I a dependable, loyal student? Do I show up on time for school each day? 3. If I am sick or unable to go to school, do I notify the school or my teacher as soon as I know there is a problem? 4. Do I speak positively to others? 5. Am I a flexible student? 6. Do I go to school with an attitude that I will try my best at whatever assignment I am given that day? 7. Am I willing to take on new responsibilities? 8. Do I take initiative? 9. Do I look around to see what needs to be done and do it? 10. Do I wait for duties to be assigned to me? 1 Do I ask questions to try to learn more? 1 Do I stick to what I already know and have been told? 13. Do I have a positive attitude? 14. Do I go out of my way to help others? 15. Do others seem to enjoy working with me? 16. Am I a motivated student? 17. Do I try to learn new things/gain more knowledge about my work? 18. Do I work to the best of my ability? 19. If I were an employer-would I hire someone like me? 20. Would I want to work with someone like myself? Which question from above do you think is the most important? Explain your answer.

3 Where can you find job openings? Getting A Job Who should you ask for an application? When filling out a job application, name two things the video clip suggests to do. What should you wear to an interview? List at least 2 things. What are 2 tips for your gender? (male or female) How early should you arrive at your interview? During your interview, what should you do? List 3 things. 3. Entrepreneurs Entrepreneur: A person who and manages a business and assumes the risk for the sake of.

4 Marketing Marketing: the process of, promoting, and products in order to satisfy customer s and. 4 P s of Marketing Product: Good: Place: Service: 3. Promotion: Making potential customers aware of a product in a positive way so they will want to buy it in the future. 4. Price: Determining the dollar amount at which we could sell a certain product for. What is a target market? How do you use it in marketing? What was your favorite dishes? (Put an X next to top 3 choices) a. Fruit Smoothie b. Fresh Fruity Blast c. Honey Butter Rolls (Savory) d. Pizza Rolls (Savory) e. Cinnamon Crumble Pizza (Dessert) f. Lemon Rolls (Dessert) g. Truffles Market Research Survey Name of Person You Interviewed Totals h. Homemade Oreos (Cookies) Selecting Your Product Which product above had the most votes? What are your groups top 3 choices? 3.

5 Creating Your Company What is your company name? Who is your CEO or Group Leader? Product Cost Equations Cost Per Unit = Price Per Batch = x Ingredient Cost of Package Product Cost Amount in Package Cost per Unit (c. tsp. Tbsp. etc.) Amount Needed (from Recipe) Price per Batch Total Cost (Add together all the Price Per Batch Prices) Total Cost for Each Individual Treat: The Total Cost Divided by the Yield Yield: 40 How many tickets will you sell your treat for? (If the total cost for each individual treat is less than $0.50, sell for 1 ticket. If it is more than $0.50, sell for 2 tickets. (check with Ms. Oney first!)

6 Supply Expenses Location Rental: Rental Space (Required) Tablecloth = 2 tickets Profit/Loss Worksheet Advertising: 1 Small (8 ½ x 11 poster = 1 ticket 1 Large (15 x 24) poster = 2 tickets Eating Utensils: Set of 40 plastic utensils (CIRCLE: forks, spoons, OR knives) = 1 ticket/set Set of 40 paper eating dishes (CIRCLE: bowls, cups, OR plate) = 1 ticket/set Set of 40 other utensils (CIRCLE: straws/napkins/toothpicks/other) = 1 ticket/set Total Supply Expenses: Total Tickets Food Expenses Product Ticket Conversion (See Product Cost) Under $00 = 1 ticket $01 - $00 = 2 tickets $01 - $3.00 = 3 tickets etc Food Expenses: Total Expenses Supply Expenses Food Expenses Total Expenses + = PROFIT/LOSS Total Revenue Total Expenses Profit OR Loss - =

7 Rate your OWN effort from 1 (lowest) to 5 (highest): I worked well with my group. I was respectful to my group members, teacher and guests. 3. I was able to contribute to my group and help where needed. 4. I was here, working and helping every day (not absent). Business Evaluation Rate your GROUP members: Rate your experience from 1 (lowest) to 5 (highest): My food truck was well attended and liked by customers. The food for my truck was well prepared and served at the right temperature. 3. Customer needs were satisfied. 4. Employees demonstrated and worked well with customers Personal Evaluation: My favorite part of this unit was: My least favorite part of this unit was: 3. List 2 positives about your group and 2 negatives about your group (if any). 4. What advice would you give to someone participating in this unit next semester? 5. What went well with your business? (Be specific 6. What would you do differently next time? (Be specific 7. Would you ever want to have your own business? Why or why not?