January, 2018
Accounting – 1/09/18
I. Bellwork A. Page 214 Q&A Explain how the Concept of Accounting Cycle Period relates to closing entries. Explain how the Concept of Matching Expenses with Revenue Relates to closing entries. II. Objectives Journalize and post closing entries for a service business organized as a proprietorship. Explain the need for post-closing entries and demonstrate the […]
Management- 1/09/18
I. Bellwork: Page 280 – Answers 1-4 II. Objectives: Explain how patent, copyright, and trademark protection benefits business. Describe the ways in which government regulations protect consumers. Describe three methods used by state and local governments to regulate business. III. Discussion: Copyright, Trademark and Patent: What’s the Difference? What’s the Difference Between Copyright vs. Trademark […]
Marketing – 1/09/18
I. Bellwork If you were entering a market with established competitors, explain the pricing strategy you would employ. II. Objectives Explain how a company’s profit is related to markup. Use the basic formula for calculating a retail price. Calculate dollar and percentage markup based on cost or retail. Calculate markdowns in dollars and percentages. Calculate […]
Marketing – 1/08/18
I. Bellwork Explain how you believe prices are determined.- What factors are considered? II. Objectives Name three pricing policies used to establish a base price. Explain two polar pricing policies for introducing a new product. Explain the relationship between pricing and the product life cycle. III. Discussion A. Price strategy video B. Pricing Strategies (3) […]
Business Management – 1/08/18
I. Bellwork: Page 275 – Your Reaction – Explain II. Objectives: Explain how federal laws help regulate monopolies. Explain how federal laws help promote fair competition. III. Discussion: Monopolies and Anti-Competitive Markets: IV. Classwork: A. P276 – Definitions (5) B. Explain the purpose of each: Sherman Act Clayton Act Robinson-Patman Act Wheeler-Lea Act Federal trade […]
Accounting – 1/08/2018
I. Bellwork Page 217 Critical Thinking 1-2 Q&A II. Objectives . Journalize and post closing entries for a service business organized as a proprietorship Explain the need for post-closing entries and demonstrate the process. III. Discussion/Notebook A. Recording Closing Entries p. 214 Accounting Cycle Permanent & Temporary Accounts Matching Expenses with Revenue – Closing […]