Curriki

Let's Practice Making a Profit

Website Address:https://www.curriki.org/oer/Let-s-Practice-Making-a-Profit
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Consortium for Entrepreneurship Education CEEConsortium for Entrepreneurship EducationColumbus, Ohio, US,
August 17, 2007
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Type:

Graphic Organizer/Worksheet

Description:

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. 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 > Reading Comprehension
  • Mathematics > General
  • Mathematics > Arithmetic
  • Mathematics > Careers
  • Mathematics > Equations
  • Mathematics > Problem Solving
  • 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

Collections:

Entrepreneurship Learning Activities
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Table of Contents

Entrepreneurship Learning Activities

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.

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.

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05 Profit2.rtf

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Non-profit Tax ID # 203478467