Thursday, September 29, 2011

Do you think this Women Has her facts Correct? How do You Think the World Would Change if Women had more Leadership Roles?

The women's fact were pretty true but there is probably more percentage than 15% of the woman who were at the top. More men than women are more successful in their career, and some does it better, but in that case, most women may not have tried their best. If women has more leadership roles, then it would prove that not just men can do things, maybe some women can discover something new. They are in fact more organizer than men and they can keep things clean, tidy and neat.

Wednesday, September 28, 2011

How can You Improve Your Business Name with the Dos and Don'ts

- To not have a long business name, therefore people wouldn't be able to remember it because it's too long
- Do not have a too complicated name
- Not to have a name that is not targeting your customers
- The name must fit your objective and most describe best your company
- Have a short easy to remember name

Tuesday, September 27, 2011

Watch the Slide Show and Answer the Question

1. We will get someone to do the Monthly bookkeeping with an Accounting Software.
2. I learned that it is hard without keeping track of cash flow and that it won't get you anywhere if you're not organized and not keeping track of anything.
3. We will have a person to be appointed in being paid on time and have them responsible for sending out paperwork for being paid.

Monday, September 26, 2011

Group Contract

How we made the decisions is that we consulted the group, and came to a unify idea. It doesn't really matter if your group will stay alive or not, or how you hear the real answers if you think you will be successful. Whoever is going to be absent the next day must tell the group, and if they don't, they'll receive a strike. That applies for not doing work in the group as well. The meeting will depends on how much that is needed to be discuss, there is no limit in time. The roles are posted below. If there is a disagreement or something that can't be decided, we will give everyone their argument, and it is decided on the majority.

Describe Competition's Product

Tim Horton's coffee includes a prize in the cup every time you buy one. If you're lucky enough to get the coffee cup that has it, you get a car, or a certain amount of coffees or even have a free cup of coffee and their prices are less than $2 including extra large (based on a website that was published in 2008).  They also includes other kinds of beverages not just coffee. Starbucks doesn't just have coffee, they also have flavours in them and as well, sell it for less than $2.

Thursday, September 22, 2011

Reflect on the Video

- The guy makes me tired
- Learned an equation I = P x A x T
- Learned the equation can be I = (P x A) divided by T
- Or it can be I = P x a x T, the a becomes a lower case.
- And there could be a 1 in the equation. I = P x A x T1

Wednesday, September 21, 2011

Tuesday, September 20, 2011


  1. Assign company roles: Marcus- Finances. Noor and Vivian- Marketing. Laurin- Human Resources. 
  2. Decide on a SMART goal- To become known to 80% of the school by the winter time and to have a large regular customer base.
  3. Discuss the Rubric- We got a 70%. so we need to go back and discuss how to get a more successful   version of our product and a better mark.

Market Research for Coffee Lovers


  1. Describe your product/Service: Good tasting coffee
  2. What are your product's/service's two most important features: Full-flavored and affordable
  3. Describe the people most likely to be interested in purchasing this: Tired students and teachers at Forest Lawn who needs a boost in the morning
  4. How many people would you need to survey to determine the price they would pay and the features they feel are most important?: 100-200
  5. Describe your plan for surveying these people?: Post on social networking sites for students. Ask teachers survey questions
  6. How many potential customers will each market research team member be responsible for surveying? Marcus:100-150 Noor:100 Laurin: 10-15 teachers Vivian: to be decided
  7. Develop your questionnaire.
  8. Complete market research
  9. Based on the data how many people would use your service/product at each price?
  10. Did you collect any comments about improving your project?

Possible Survey Questions

- What type of coffee(s) to you prefer the most?
- Do you prefer the coffee cups in large, medium, or small?
- Do you think there should be more drinks than just coffee?

Friday, September 16, 2011

What can you take from this video into your own work?

- Take a coffee survey around the school to see what students and teachers prefer the most and the best, maybe about top 5 types
- Buy those top coffee brands
- See how much students and teachers would buy within those top coffee available
- If one of the coffee choices weren't selling, drop it

Thursday, September 15, 2011

What did you learn about team work from the last two assignments? What do you do well as a team member? Why is that important?

- Team work is where you work together to be successful and discuss ideas and receiving better ideas.
- Communicating with each other.
- What I do well as a team member is participating in ideas discussion.
- Also doing part of the given two assignment.
- It is important because sometimes the idea can help something in the future

Wednesday, September 14, 2011

How do convincing speakers vary their speech when they speak for different purposes and to different people?

They would say the benefits of what purpose they are speaking for and constantly talk without stopping with a nice understandable pace. They would focus more on the things that applies to the person that they are trying to pursue. Depending on what they are trying to pursue, they will give an example in action. Such as those who's selling make up, as they speak and commenting how pretty the product looks on the customer, they apply the make up on the customer's face. Even though when the customer is upset, they still would not say anything rude to the customer.

Tuesday, September 13, 2011

What would happen to businesses if everyone had unlimited cash?

Businesses would have a large amount of profit because people would buy what they want, and the price would not matter to them. They would even buy stuff that isn't useful, cause it's just one of their wants. But if everyone had unlimited cash, they wouldn't go to work anymore and just stay home. Those who own the businesses wouldn't have anyone working for them and might not be able to maintain their businesses without a helping hand, especially when it's big.

Saturday, September 10, 2011

Business Vocabulary


Give an example/description of a business that operates in each of these areas: 

Profit: 
-  A difference between amount spent and the amount earned, a financial gain. Ex: Bank
Non-Profit: 
-  Does not stock shares or funds but to give the money away to charity. Ex: Craft show
Not for Profit: 
- A corporation that has a purpose and use the profit on that purposes. Ex: Church, Red Cross

What's the difference between non-profit and not-for-profit?
- Non-profit gives the money to charity, awhile not-for-profit create benefit for the community.

What is the connection between profit, costs, and expenses? 
-  Costs is the price you buy at. Profit is how much money you gained and expense is how much money you spent for it.

What  are the positive and negative ethical, moral and legal considerations when considering alternative energy sources over oil? 
- The positive thing is that there wouldn't be air pollution nor would it burn the ozone layers and isn't bad for humans and animals. However, other energy sources would probably have more flaws than oil.

Name and describe a game that simulates an economic system by trading in virtual goods? 
- Restaurant City, because you have to make sure you have your food stocked and ready for the customers, and the more variety you have, the more customers will come.