Loading presentation...

Present Remotely

Send the link below via email or IM

Copy

Present to your audience

Start remote presentation

  • Invited audience members will follow you as you navigate and present
  • People invited to a presentation do not need a Prezi account
  • This link expires 10 minutes after you close the presentation
  • A maximum of 30 users can follow your presentation
  • Learn more about this feature in our knowledge base article

Do you really want to delete this prezi?

Neither you, nor the coeditors you shared it with will be able to recover it again.

DeleteCancel

Class #1 - An Overview of Business

No description
by

Lauren Donovan

on 23 January 2017

Comments (0)

Please log in to add your comment.

Report abuse

Transcript of Class #1 - An Overview of Business

Chapter 1: Developing a Business Mindset
Stakeholders
The Business Environment
Your company plans events in New York City. Your team has been tasked with planning a Super Bowl party for one hundred guests in Manhattan. You plan to sell tickets to the event.
Activity
Name stakeholders;
Discuss how they are harmed or helped.
DCCC's No-Smoking Policy

Revenue - Expenses




1.) how a business adds "value"
2.) types of businesses
3.) the business environment
4.) the functional areas of business

Profit
Activity
1. List and estimate the
expenses
(i.e. things you'll
need) to host an rockin' event for
100

guests; estimate your total expenses.
2. How much
revenue
must you generate
to make a 10,000
profit
?
3. Beyond ticket sales, how else could you generate

revenue
during the event?

$$$
coming in

$$$
going out
Super Bowl Event
R - E = P
$10,000
?
?
Are stakeholders always
In groups of three:
say hello; introduce yourself.
what interests you about 'business'?
what do you hope to learn?

What this course
can do for you.
Pretend You are Driving ...
1.) A law passes; minimum wage is now $10.25/hour.
2.) Taxes on businesses are reduced by 15% in 2014.
3.) Consumers are spending more time on mobile devices.
4.) Data storage has become very inexpensive.
5.) Your competitor has improved their quality.
6.) Consumers demand organic food.
7.) It's getting more expensive to make things in China.
Consider your company ....
How will your company be impacted?
The Business Environment
Profit = Revenue - Expenses
Chapter 1 Goals
Activity #1
1. Look at each item.
2. Put them together into groups of three.
3. Discuss how each group is related?
"Adding Value"
Adding Value
customers
s
company
#2
company
#1
Business Model
the blueprint for adding value
Business Model

Examples
Competitive Advantage
Types of Business
Profit
Not-for-Profit
1.) DCCC
2.) Target
3.) Johnson & Johnson
4.) Temple University
5.) Toms Shoes
Profit or Nonprofit
acetminophen
Johnson & Johnson
American Eagle
cotton
coffee beans
WaWa
millenials
coffee drinkers
consumers with
pain/headache
Avocado Farmers
Chipotle
Group Discussion
Pick two competing companies. List
their competitive advantage in the market.
What makes one product or company more appealing than another.
Functional Areas of Business
Market
Legal
&
Regulatory
Economic
Technological
Social
Full transcript