Saturday, 17 September 2011

Sept.19-23

This week we will go over our Supply & Demand graphing and correct the assignments from Friday. Please take the time over the weekend to work through the assignment, so if you have any questions you can ask them on Monday. We will continue in our notes for Chapter 1, talking about competition, interdependence, and decision-making in business. Important Note: Your Chapter 1 test is set for this Friday, September 23rd. We will be reviewing in class on both Wednesday and Thursday.
I also plan to show a new video we just got in the library called "The Benefits of Buying Canadian". This video touches on several topics we've already discussed in class, including manufacturing, economic resources, interdependence, the pros and cons of outsourcing, how to be competitive in Canada, and how buying Canadian products benefits our economy! Don't miss it!

Reminder: This coming Tuesday September 20th and Friday September 23rd we will have our first 'Current Events' presentations. If this is you, ensure you are watching the news. The 6:00pm news on Global TV or CTV are good places to start. Look at CBC.ca, The Vancouver Sun, The Province, or The Financial Post to start. I've added these links to my main page under "Useful Links" for easy access. Also check the newsreel I have cleverly named "Current Events" on the left-hand side of my blog underneath the links!!
Ask your parents to help you if you're not sure if the event you found is appropriate. Remember it must be business-related and affect Canada/Canadian business/Canadian consumers in some way. Hints for possible topics include:
  • businesses opening or closing > job creation or job loss resulting
  • taxes > affect consumer spending/cost of doing business
  • cost of living > affects real estate market and spending
  • news on the housing market
  • companies merging together
  • specific companies or brands introducing or cutting products
  • product launch (new product introduced to market) > increased competition?
  • product recall
  • natural disaster that could affect an industry, trade or business Ex: an oil spill off the BC coast could affect our fishing industry, the volcanic eruption of ash last year disrupted flights, drought or poor weather could affect crops or orchards
  • changes in gas prices > affect costs of doing business, shipping costs, consumer spending, car sales
  • international news that can directly impact Canadian business  Ex: America's Job Act
Hopefully this will give you an idea of the type of things to look for. Please don't leave it to the last minute!

I look forward to seeing you all this coming week and especially to hearing your current events! :)