DESIGN YOUR OWN BUSINESS PROJECT



Mrs. Sierra

ECONOMICS 12

DESIGN YOUR OWN BUSINESS PROJECT

In this project, you will design your own business, making economic decisions using the knowledge you have learned in Economics class. Consider what elements will make your business successful.

Your answers must be typed on a separate sheet of paper.

1) What kind of business are you starting and why did you choose it?

2) Will your business be a sole proprietorship, partnership or corporation? Explain your choice and also explain the advantages and disadvantages of your type of business organization.

3) Where will your business be located? Find the address and print out a map showing its location. Why did you choose your location? (Note: your business must be located in the Miami area. For our purposes, you may use an address of an existing business.)

4) What product or service will you provide? Why do you think your business will be successful?

5) Who are your competitors?

6) Design an advertisement for your business. It must be computer generated, you may use any software you wish. (Note: it is graded on completeness rather than artistic or computer ability. For example, did you include your business name, address and phone number, website, product description, and map to your location and incentive- coupon or discount?)

7) Will you have employees? If so, how many and how much will you pay them? What educational requirements do the employees need? Explain why you will pay them the wage rate (money) you decided upon.

8) What benefits (if any) will you offer your employees? (Health insurance, pension plan, discounts etc.) Why is it important for many businesses to offer benefits?

9) Create a PowerPoint that explains to the class your business. You will submit the PowerPoint to me and use the PowerPoint in your 2 minute presentation. Use your answers to these questions as a guide to your presentation. Tell me about your business. The PowerPoints may be posted on our economics web site.

Presentation date:

Wednesday 11/05 according to random selection order.

Presentation rubric:

|Component: |Points: |

|Coverage of 8 questions cited above |_______ of 80 points |

|Written - (10 points each) | |

|PowerPoint (or similar presentation document)-visual appearance|_______ of 10 points. |

|and length | |

|Presentation – Oral presentation, eye contact, professionalism |________ of 10 points |

|(2 minutes) | |

|Final score: |_______ of 100 points. |

................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download