Friday, February 9, 2018

PBL

The Imagination Land Money Giveaway has just announced that you and your team have collectively won an unspecified sum of money.

It sounds legit....so CONGRATULATIONS!!!

You must agree to use the funds to create a business within your community.  You may wonder...what are we supposed to create?

It is completely up to your group.  Its almost that easy.  There are only a few additional requirements which are listed as follows:
  1. Describe the business (Purpose, Type of Business, Consumer Needs Being Satisfied)
  2. Picture of how the business will operate
  3. Describes in detail the Factors of Production needed to operate
  4. List of proposed resources to be used including
    1. Volume/Amount Needed
    2. Cost (Fixed/Variable)
    3. Place an asterisk (*) next to each ESSENTIAL resource
  5. How many products will you need to sell in order to breakeven?
Please prepare a short (3 minute) presentation to explain your business to the TRIBE TANK


Questions you should ponder include:
  1. What is unique about your product?
  2. What does it cost to produce?  At what price can it be sold?
  3. How much debt do you have?
  4. How will you distribute your product?
  5. How many competitors exist?
  6. How will you best reach your customers?
Connect to the 5 W's of quality writing
  1. Who?
  2. What?
  3. Where?
  4. When?
  5. Why?
RESOURCES:
Academic Standards Handout
Classroom Tools - Textbooks, Whiteboards, etc.
Schoology
Chromebooks

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