Fairhope High School - Mr. Tim Yahr
Fairhope High School - Mr. Tim Yahr

wednesday 12/11/19

Reviewed for measuring to 1/8" test on FRI 12/13.

 

Reviewed for quote part of midterm on TUE 12/17.  Watched videos #6, #7, #8, #9, #10.

 

Reviewed for entrepreneur part of midterm on TUE 12/17.  You will have access to a JA Be Entrepreneurial book.  Sample questions below.  Your answers need to be full & complete displaying knowledge from 7 lessons taught by a professional in the field.  Many times one sentence won't be sufficient.

1.  Define entrepreneur.  GIve 3 attributes one should have to be a successful entrepreneur and why the attribute is helpful.

2.  Explain the difference between product and service.  Give 2 examples of a product and 2 examples of a service.

3.  Fully describe the customer for a YETI cooler.

4.  Define "competitive advantage".  List 3 competitive advantages for Chik-Fil-A and why they are competitive advantages.

5.  Why was it a good thing for Tylenol to give away 31 million of its product?

6.  What types of ownership are possible in a new buisness?  Give 1 reason why a partnership could be helpful and 1 reason why it might not be useful.

7.  Cost to produce an item -> $0.50

     Selling price of item -> $1.25

     4 employees each making $2,000/month

     rent is $3,000/month

     you want to make $50,000/year.

How many items must you sell per month for all of this to happen?

MONTHLY FEES / ITEM PROFIT

(4X2000 + 3000 + 50000/12) / (1.25-0.50) = 20,222 items sold per month.

 

GRADES IN CAREER PREP

  1. Do your Park Ranger CW from MON 12/9.  DUE THU 12/12.
  2. Fix your architect project.  Check INOW for present grade.  Schedule time in the morning or afternoon.
  3. We have a 911 operator test on THU 12/12.  Be here.  Be ready.
  4. We have a measuring in inches to 1/8” test on FRI 12/13.  Last practice in class today.
  5. We have a midterm TUE 12/17.  Study quotes and prepare answers for entrepreneur.
  6. You can e-mail me by FRI 12/13 any 1 classwork assignment and any 1 test they would like to make-up and I would consider that and get back to them with the process.  Don’t e-mail during my class.

MIDTERM EXAMS --->

December 16th and 17th  electives will test.

December 18th  core classes will test in periods 1, 3, 5, and 7

December 19th  core classes will test in periods 2, 4, 6

December 20th  Make-up Exams:  Students who do not have a make-up exam will be excused if they bring in a parent note requesting they be excused for that Friday.

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© Timothy Yahr