Introduction to Business

Today's Work

1. Type your questions for chapter 8
2. Print off - all questions
3. Finish Journal 1 or 2
4. Finish off review questions
5. Creating a letterhead

Leadership Styles

Today, we are going to do three activites.  (room 307)

• One that showcases the leadership styles
• Finish viewing video: Igniting the buzz
• Finish off Chapter 8 Assignment questions

Tomorrow:    Lab Activity (room 301)

1. Printing off your questions for jaTitan project
2. Develop 8 questions from chapter 8
3. Look at chapter 6 - eactivity (Ministry of Labour)

Thursday: JaTitan (room 307)

Friday:  Financial Literacy Project (room 307)

• Creating the letterhead
• Completing the letter

Human Resources, Question 3

List and briefly describe the various roles of the Human Resources Manager.

 

The roles of the Human Resources Manager are:

• Study the local labour market to know where new employees will come from (i.e. colleges, high schools, universities).

• Decide when an employee is required.

• Determines what skills the employee should have.

Leadership - Question 6

OLD SOUTH INC. QUESTION 6.

Laissez-fair-  leaves employees alone and lets them make there own decisons

autocratic- makes all decisons for employees and the empyees do not have a say in anything. 

democratic - provides emplyees with oppurtunities and they have a say in what happens int he buissness

Human Resources - Question 1

Labour Market - The way connections are astablished between buyers of skills(Employers)

Compensation - The money and other benifits recieved by employees in exchange for their work.

Overtime - A higher hourly rate for working longer tha regular schedualed time or on hilidays.

Commission - A form of pay based on the amount of a particular parduct a person can make.

Licensing Fee - Money paid to obtain in a license.

Wellness Program - A Program that mromotes and encourages the physical and emotional health of employees.

STHJ Question # 2

Question # 2- Unskilled Labour- Job with little training required.

Semi-Skilled Labour- A job that requires some instruction.

Skilled Labour- Required tarining from an educational institution or through previous employment.

Professional Labour- Highly trained people with specific occupations.

Human Resources #5

List and briefly describe the 5 functions of Management. What function do you feel is the most important.

The five functions of management are; purchasing, production, market and distribution, research and development, and finance.

We think the most important is research and development because the product can be improved constantly.

Prep for JaTitan

Read pages 229 - 254

Do questions 1 - 4 pg 238 and questions 5 - 9 page 254

---

Finish off your Chapter 6 & 7 question sheet for Friday

Production

Factors of Production:

Video: How things are made: Chocolate

a)   Human Resources
b)   Material Resources
       i)   Primary Resources (raw materials)
             a) Agriculture
             b) Fishing and Trapping
             c) Minning
             d) Water
             e) Fuel and Energy
             f) Forrestry

c)   Ways to reduce production costs
       Fixed Costs  - remain the same not matter how much production is produced
       Variable Costs   - change with amount or speed of production

       a) efficiency
             i)   Production lines
             ii)  Automation
             iii) Finding the best price

---

Homework:

Read chapter 5 pages 155 - 161 and pages 166 - 171

Do questions 1 - 4 p. 161

    questions 10 - 11 page 171

---

Inclass work

Finish off outstanding work  - all due by Friday (otherwise you will have one week to finish in study hall during period 4)

• Finish brochure -
• Work on chapter 14 review sheets -
• Complete any outstanding work
  
  • chapter 15 review
  • lesson 7 quiz: about credit
  • test your credit knowledge
  • how much can they safely carry
  • credit card interest calculations
  • understanding your credit report
  • the City 1-9 booklets

---

Tomorrow:

1. Production game revsisted
2. Login to jaTitan
3. Take up text questions 1-4
4. Work on text and outstanding assignments