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This is the story of Goodies Gift Shop in its third year of operation in Small Town USA. Amelia Goodies, the owner, runs the shop with 4 full time employees, 2 part timers and herself. Her sales last year were $500,000 and her profit was $20,000 after taxes. <p/> The activity supports the Entrepreneurship Content Standards/Performance Indicators as follows: <p>• D.02 Apply effective listening skills, </p> <p>• D.03 Use proper grammar and vocabulary, </p> <p>• D.05 Explain the nature of effective verbal communications, </p> <p>• F.02 Explain the factors of production, </p> <p>• F.07 Explain the principles of supply and demand, </p> <p>• F.08 Describe the concept of price</p><p/> <b><p>This resource is part of the <a href="http://www.curriki.org/xwiki/bin/view/Coll_Entrepreneurship1/EntrepreneurshipLearningActivities">Entrepreneurship Learning Activities</a> collection. </p></b></p>
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