Type:

Graphic Organizer/Worksheet

Description:

Understanding profit is essential to anyone interested in starting their own business. It is also important for anyone who works in a business that seeks to make a profit. Much of the misunderstanding about profit is related to a lack of understanding of the terms used in business that explain financial decisions.

The activity supports the Entrepreneurship Content Standards/Performance Indicators as follows:

• D.02 Apply effective listening skills,

• D.03 Use proper grammar and vocabulary,

• D.05 Explain the nature of effective verbal communications,

• F.02 Explain the factors of production,

• F.07 Explain the principles of supply and demand,

• F.08 Describe the concept of price

This resource is part of the Entrepreneurship Learning Activities collection.

Subjects:

  • Career & Technical Education > General
  • Career & Technical Education > Business
  • Career & Technical Education > Careers
  • Language Arts > General
  • Language Arts > Careers
  • Language Arts > Listening & Speaking
  • Language Arts > Writing
  • Social Studies > General
  • Social Studies > Careers
  • Social Studies > Economics

Education Levels:

  • Grade 9
  • Grade 10
  • Grade 11
  • Grade 12
  • Higher Education
  • Graduate
  • Undergraduate-Upper Division
  • Undergraduate-Lower Division

Keywords:

integrated interdisciplinary thematic

Language:

English

Access Privileges:

Public - Available to anyone

License Deed:

Creative Commons Attribution 3.0
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'P' - This is a trusted Partner resource
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'P' - This is a trusted Partner resource

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