Last week students were introduced to the concept of anthologies. Anthologies are not limited to collections of writings, but art and music as well. Students perused one very popular anthology/book series: Chicken Soup for the Soul. These books will serve as a template for their next entrepreneurial endeavor- An anthology chronicling the experiences of 6th grade! Our goal is to allow students the opportunity to reflect on their experiences this year, while offering advice, encouragement and anecdotes for parents and incoming 6th graders. This project will fuse Job Club and Self-Expression; allowing young people to express themselves in various mediums, while developing a business.
This week students are selecting the following:
1. Anthology Names
2. Categories/ Chapters
3. Company Names
Additionally, we will begin planning for a culminating spring themed event, to take place at the end of the school year. This event will feature theatrical productions, games, activities and food for the ACMS community.
B.O.N.D Community Credit Union will be at ACMS next Wednesday, March 18, 2009. Many students have not returned their bank forms, leaving stipends to remain un-deposited. We need parent support to ensure that each and every student has a completed credit union account form. Please contact me at ddunn@atlantachartermiddleschool.com if you need more information and support. Let’s encourage our young people to develop good savings habits now!
Have a great week!
“The holy passion of friendship is of so sweet and steady and loyal and enduring a nature that it will last through a whole lifetime, if not asked to lend money."
-- Mark Twain
Tuesday, March 10, 2009
Tuesday, March 3, 2009
Carrera Night was awesome!!!!!
I would like to congratulate the 6th graders for a job well done. You all should be very proud of your commitment to hard work, creativity and excellence! A special thank you to the following students:
Presenters: Daria Thomas, Myles Herrera-Pease, Isabel Rapier, Elise Russ, Robert Walters and Carter Peatman.
Set/Display Designers: Ian Roach, Malik Woods, Kathryn Murphy
This week students will explore the concept of Market Research. Market Research is the process of finding out what people in your community need, where and when they need it, and how much they are willing to pay for it. This concept will be fused with our class session/entrepreneurial project- an anthology of poems, artwork and writings by ACMS 6th graders about the transition from elementary to middle school. Our goal is to allow the students to reflect on their experiences this year, while offering advice, encouragement and anecdotes for parents and incoming 6th graders. This project will fuse Job Club and Self-Expression; allowing young people to express themselves in various mediums and develop a business as well. It will be framed in the context of Chicken Soup for the soul series.
Additionally, we will begin planning for a culminating spring themed event, to take place at the end of the school year. This event will feature theatrical productions, games, activities and food for the ACMS community.
Have a great week!
“By giving kids an allowance, you teach that child to work for money rather than learn to create money."Robert Kiyosaki, author Rich Dad, Poor Dad
Presenters: Daria Thomas, Myles Herrera-Pease, Isabel Rapier, Elise Russ, Robert Walters and Carter Peatman.
Set/Display Designers: Ian Roach, Malik Woods, Kathryn Murphy
This week students will explore the concept of Market Research. Market Research is the process of finding out what people in your community need, where and when they need it, and how much they are willing to pay for it. This concept will be fused with our class session/entrepreneurial project- an anthology of poems, artwork and writings by ACMS 6th graders about the transition from elementary to middle school. Our goal is to allow the students to reflect on their experiences this year, while offering advice, encouragement and anecdotes for parents and incoming 6th graders. This project will fuse Job Club and Self-Expression; allowing young people to express themselves in various mediums and develop a business as well. It will be framed in the context of Chicken Soup for the soul series.
Additionally, we will begin planning for a culminating spring themed event, to take place at the end of the school year. This event will feature theatrical productions, games, activities and food for the ACMS community.
Have a great week!
“By giving kids an allowance, you teach that child to work for money rather than learn to create money."Robert Kiyosaki, author Rich Dad, Poor Dad
Tuesday, February 24, 2009
Carrera Night- This Wednesday!!!!!
In continued preparation for our BIG event, students are finishing up wire sculptures that will be on display as part of Self Expression component. Inspired by imagination, hobbies and scenes from everyday living; students have created sculptures that challenge traditional design and our own imaginations.
Additionally, students will continue to put finishing touches on games, skits and visual displays for the evening that showcase the work they are doing in Job Club component. I am so excited to see them take ownership of their presentations and the creative process.
B.O.N.D Community Credit Union will be at ACMS on Wednesday March 18, 2009. Many students have not returned their bank forms, leaving stipends to remain un-deposited. We need parent support to ensure that each and every student has a completed credit union account form. Please contact me at ddunn@atlantachartermiddleschool.com if you need more information and support re: this. Let’s encourage our young people to develop good savings habits now!
“I have a problem with too much money. I can't reinvest it fast enough, and because I reinvest it, more money comes in. Yes, the rich do get richer.”
Robert Kiyosaki, author Rich Dad, Poor Dad
Additionally, students will continue to put finishing touches on games, skits and visual displays for the evening that showcase the work they are doing in Job Club component. I am so excited to see them take ownership of their presentations and the creative process.
B.O.N.D Community Credit Union will be at ACMS on Wednesday March 18, 2009. Many students have not returned their bank forms, leaving stipends to remain un-deposited. We need parent support to ensure that each and every student has a completed credit union account form. Please contact me at ddunn@atlantachartermiddleschool.com if you need more information and support re: this. Let’s encourage our young people to develop good savings habits now!
“I have a problem with too much money. I can't reinvest it fast enough, and because I reinvest it, more money comes in. Yes, the rich do get richer.”
Robert Kiyosaki, author Rich Dad, Poor Dad
Tuesday, February 17, 2009
February 25th- Carrera Night
This week students are finishing up wire sculptures that will be displayed during Carrera Night on Wednesday, February 25th. Inspired by imagination, hobbies and scenes from everyday living; students have created sculptures that challenge traditional design and our own imaginations.
B.O.N.D Community Credit Union will be at ACMS on March 18, 2009. Students who need to complete bank account forms, or turn them in, please see me ASAP so you can be ready to make your deposits! Many students have not returned their bank forms, leaving stipends to remain undeposited. Let’s encourage our young people to be savers!
“Make savings a priority. START NOW! An emergency fund is your backup strategy when unexpected financial events happen. Discipline and focused emotion is the key to saving. Use the 80/20 rule. Handling money is 80% behavior and only 20% head knowledge. Anyone can learn to save!” Dave Ramsey, financial advisor, radio talk show host.
B.O.N.D Community Credit Union will be at ACMS on March 18, 2009. Students who need to complete bank account forms, or turn them in, please see me ASAP so you can be ready to make your deposits! Many students have not returned their bank forms, leaving stipends to remain undeposited. Let’s encourage our young people to be savers!
“Make savings a priority. START NOW! An emergency fund is your backup strategy when unexpected financial events happen. Discipline and focused emotion is the key to saving. Use the 80/20 rule. Handling money is 80% behavior and only 20% head knowledge. Anyone can learn to save!” Dave Ramsey, financial advisor, radio talk show host.
Tuesday, February 3, 2009
Carrera Night- February 11th!
Students continue to work on their presentations for Carrera Night on February 11th. Each class will develop games, skits and visual displays for the evening. I am so excited to see them take ownership of their work and the creative process.
B.O.N.D Community Credit Union will be at ACMS on Wednesday, February 4th. Students who need to complete bank account forms, or turn them in, please see me ASAP so you can be ready to make your deposits!
Have a great week!
B.O.N.D Community Credit Union will be at ACMS on Wednesday, February 4th. Students who need to complete bank account forms, or turn them in, please see me ASAP so you can be ready to make your deposits!
Have a great week!
Thursday, January 15, 2009
Happy New Year!!!!
I would like to extend a HUGE thank you to the 6th grade. Coming back to school and receiving those beautiful cards and well-wishes absolutely made my day! Words cannot express how touched and appreciative I was to get them. I truly needed that, so thank you all again.
Presentations are underway this week for the final leg of the Nike Business Challenge. Each group will be asked a series of questions regarding their product, production and retail cost selection, celebrity endorsement, and ad layout. The group with the most cohesive and creative ad layout will win the challenge and receive bonuses for their Savings Accounts!
Additionally, the new 6 week rotation begins for Young Entrepreneurs Club. Our efforts will focus on Carrera Night preparation and Valentine’s Day entrepreneurial projects.
Have a great week!
Presentations are underway this week for the final leg of the Nike Business Challenge. Each group will be asked a series of questions regarding their product, production and retail cost selection, celebrity endorsement, and ad layout. The group with the most cohesive and creative ad layout will win the challenge and receive bonuses for their Savings Accounts!
Additionally, the new 6 week rotation begins for Young Entrepreneurs Club. Our efforts will focus on Carrera Night preparation and Valentine’s Day entrepreneurial projects.
Have a great week!
Monday, November 10, 2008
Business Challenge: Nike, Inc
Business Challenge: Nike, Inc
Your department works for Nike, Inc and must design, produce and sell the next line of athletic shoes Nike will launch.
Your goal is to make a profit. Profit is positive increase from an investment after subtracting for all expenses. Your investment from Nike is $1,000.
Your expenses are marketing cost and shoe production cost. Those prices will vary from team to team, depending on how you choose to spend your investment money.
The team with the best design, marketing plan and profit will win the business challenge!
Step 1: Team Leadership
1. Department Manager: Manager will make final decision on production cost and shoe type.
2. Marketing Manager: Marketing Manager will make final decision on celebrity endorsement, marketing strategy and shoe name.
3. Designer: Designer will make final decision on shoe design, colors, etc. Designer will also design actual shoe that appears in retail stores.
Department Manager: __________________________
Marketing Manager: ___________________________
Designer: ______________________________
Step 2: Decide what type of athletic shoe your will you design, produce and sell. Tennis, basketball, soccer, etc. Make sure you leave $100.00 to cover the cost of celebrity endorsements and marketing. Do not spend more than the $1,000 investment.
Type of shoe: ____________________
Shoe production cost includes material used to make tennis shoes and wages paid to employees in the factory.
Shoe production cost: $15.00- top quality, shoes will last 8 months
Shoe production cost: $10.00-mid level quality, shoes will last 4 months
Shoe production cost: $5.00- low level quality, shoes will last 2 months
Number of shoes produced: ______________
Cost of shoe production: ____________ (expense)
Step 3: Celebrity Endorsement and Marketing
Marketing is the promotion of products, especially advertising and branding. Marketing gets the word out about your product.
Celebrity endorsement and marketing cost: 10% of investment or $100.00 dollars (expense)
Shoe name: ______________________
Celebrity Endorsement: _______________________
Step 4: Retail Price
Retail price of shoes- How much will you charge consumers to purchase your shoes at major retailers such as Foot Locker, Lady Foot Locker, Champs, etc? In order to make a profit, you must sell shoes for more than it cost you to make them.
Example: You produce one pair of shoes for $15.00 dollars. You sell them in the store for $45.00. Your profit is $30.00.
Retail price: __________
Step 5: Design
Decide on color, style, height, etc of shoe that your team will sell in stores.
Step 6: Profit
Retail Price (-) Production & Marketing Expense = PROFIT
Profit: __________________
Your department works for Nike, Inc and must design, produce and sell the next line of athletic shoes Nike will launch.
Your goal is to make a profit. Profit is positive increase from an investment after subtracting for all expenses. Your investment from Nike is $1,000.
Your expenses are marketing cost and shoe production cost. Those prices will vary from team to team, depending on how you choose to spend your investment money.
The team with the best design, marketing plan and profit will win the business challenge!
Step 1: Team Leadership
1. Department Manager: Manager will make final decision on production cost and shoe type.
2. Marketing Manager: Marketing Manager will make final decision on celebrity endorsement, marketing strategy and shoe name.
3. Designer: Designer will make final decision on shoe design, colors, etc. Designer will also design actual shoe that appears in retail stores.
Department Manager: __________________________
Marketing Manager: ___________________________
Designer: ______________________________
Step 2: Decide what type of athletic shoe your will you design, produce and sell. Tennis, basketball, soccer, etc. Make sure you leave $100.00 to cover the cost of celebrity endorsements and marketing. Do not spend more than the $1,000 investment.
Type of shoe: ____________________
Shoe production cost includes material used to make tennis shoes and wages paid to employees in the factory.
Shoe production cost: $15.00- top quality, shoes will last 8 months
Shoe production cost: $10.00-mid level quality, shoes will last 4 months
Shoe production cost: $5.00- low level quality, shoes will last 2 months
Number of shoes produced: ______________
Cost of shoe production: ____________ (expense)
Step 3: Celebrity Endorsement and Marketing
Marketing is the promotion of products, especially advertising and branding. Marketing gets the word out about your product.
Celebrity endorsement and marketing cost: 10% of investment or $100.00 dollars (expense)
Shoe name: ______________________
Celebrity Endorsement: _______________________
Step 4: Retail Price
Retail price of shoes- How much will you charge consumers to purchase your shoes at major retailers such as Foot Locker, Lady Foot Locker, Champs, etc? In order to make a profit, you must sell shoes for more than it cost you to make them.
Example: You produce one pair of shoes for $15.00 dollars. You sell them in the store for $45.00. Your profit is $30.00.
Retail price: __________
Step 5: Design
Decide on color, style, height, etc of shoe that your team will sell in stores.
Step 6: Profit
Retail Price (-) Production & Marketing Expense = PROFIT
Profit: __________________
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