Period3-2022-Q1 Assignments

1. What is an Income Statement?


2. Earnings are also called ________________________.


3. The income statement is combined of two main sections called _________________________ and ____________________.


4. What happens when you subtract Expenses from Revenues?


5. Expenses can be classified into ________________________, ________________________, and __________________.


6. What are Cost of Goods Sold (COGS)?


7. What are Operating Expenses?


8. What are Non-Operating Expenses?


9. When you subtract the Cost of Goods Sold from Revenue what do you get?


10. What happens when you subtract the non-operating expenses from revenue what do you get?

Go to YouTUbe.
Type "What is a Balance Sheet " in the search box. Watch the video.




1. Define Balance Sheet.




2. Name the three sections of a Balance Sheet. 






3. Loans show as a ________________________ and ______________________ on the Balance Sheet.






4. Profits are recorded as _________________________________ on the Balance Sheet.


5. What is the Formula? Accounting Equations?

What you’ll learn to do: explain the law of demand -


Imagine that the price of Ben & Jerry’s ice cream decreases by 25 percent during the next summer. What do you think will happen to the amount of Ben & Jerry’s ice cream that people will want to buy?

Directions: Please write clearly. Your journal provides important evidence of what you are learning from your experience. Your journal is also a very important source of information for writing




What topic(s) did we cover this week? What did you know prior to this lesson ? What is it that you know now?


What does the lesson mean to you? What knowledge or skills did you acquire this week?


What did you learn about yourself?


What information from this lesson o do you feel that you can share with someone outside this class?


What are some questions that you would like to ask pertaining to the subject?

1. Define Market.




2. What happens in a Market Economy?


3. Define Competitive Market.


4. Define Free Market.


5.  Define Command Economy.

Watch the video and write a summary containing 3-5 sentences covering what you observed. How does opportunity cost relate to Business?

Watch the video and answer the following questions:




1. What is an  S-Corporation?


2. What is an LLC?


3. Explain the Registration and Filing Fees.


4. What is an Advantage of having a Corporation?


5. Which of the Business Structures do you believe will be the best to have?

In your own Words, explain the law of supply and demand. Please be sure to use complete sentences.

Demand describes the amount of goods or services that consumers want to (and are able to) pay to purchase that good or service. Before learning more about the details of demand, watch this video to get a basic understanding about what it is and its importance to understanding economic behavior.





1. Write a summary of the video using 3-5 sentences.




2. The law of demand states that, other things being equal, ______________ of a good will be bought the _____________________ its price. 
Less of a ______________ will be bought the _______________________ its price.

Watch the video and answer the following question using complete sentences. (Pause the Video to get the information you need)

1. What is Sole Proprietorship?

2. What is Partnership?

3. What is a Corporation?

4. What does LLC stand for?

5. Define Franchise.

Using the glossary at the bottom of the page, complete the assignment attached.

Throughout this module you’ll encounter short videos that explain complex economic concepts in very simple terms. Take the time to watch them! They’ll help you master the basics before heading to the readings (which tend to cover the same information in more depth).





As you watch the video, answer the following questions:





1. Define Economics.


2. Explain Scarcity.


3. What influences people decisions?

Read the article (1st Paragraph) and answer the following questions using complete sentences:






1. How is a Business's success determined?




2. Define Economics.






3. Every economy is concerned with what types and amounts of _____________________________________________________________________________________________.






4. Who helps makes those decisions?

Define and or explain Business Ownership. Refer to the resource located under today's date. (Slide 5)




Give some ways that you can become a Business Owner. (Slide 6)

In your own words, explain and or list out some of the things that you feel are essential to starting your own business. What makes an individual desire to become an Entrepreneur?

Directions: Fill in the blank  




1. 

You have to really be prepared for the ____________________ and __________________________, but it is a lot of fun
because you get to pursue your passion and enjoy life.




2. 

. On a day-to-day basis as an entrepreneur, I work to make my companies better. I
want them to be more _________________________, to be able to serve the customers better and be
more _________________________.




3. 

The ______________________________ of being an entrepreneur are you do not have enough time in a
day to do all the things you want and you really need to find a ______________________ in your life.




4. 

If you have a _________________________ and you believe in it, you really have to believe in yourself
and be able to just go out there and ___________________________________ it.


5. 

If you spend your time now ________________________________ how to learn, going to school, _________________________ that
information, that puts you years and years ahead when you are out in the field.

Entrepreneurship - is the process of identifying and starting a new business venture .

1. What Does It Mean to Be an Entrepreneur?

2. Identify some of the challenges involved with being an Entrepreneur.

3. List anything that you learned from this video. Do you believe that you would like to someday become an Entrepreneur.

In your own words, define the word Entrepreneur and give an example of an Entrepreneur you know personally.

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Registration Code: GLYJACKS017

PLEASE READ INSTRUCTIONS!!!

Please refer to previous notes and assignments from the Week of August 30, 2021 - September 04, 2021





1. Log into
 https://login.icevonline.com/Login




2. Select Course: 
Career Preparedness




3. Select Lesson:
Formulas for Career Success - Job Applications



4. Interactive Assignments - Complete all of the following:
Exercises - 
Formulas for Career Success - Job Applications - Vocabulary
Formulas for Career Success - Job Applications - Worksheet



Assessments -
Formulas for Career Success - Job Applications - Assessment

View the link below and answer the following question by filling in the blanks:




Whenever you apply for a professional-level position, you will likely be asked to submit a ___________________________. Hiring managers look closely at certain resumes to see if a candidate is a good match for their open position.






A __________________ is a document that tells prospective employers exactly what you want them to know about you and why you would be a good fit for their open position. It should advertise your skills in an easy-to-read, logical, and concise format. Its purpose is as follows:


Hiring managers use resumes to screen potential employees. They typically look at a resume for less than _______________seconds before deciding which pile to put it in. The No pile ends up in the recycle bin. The Yes pile gets a second look, and possibly an interview.
For you, a ____________________ is a tool that's designed to get you to the next step in the employment process: the interview. It can even help you prepare for the interview by giving you specific items to practice talking about.
Think of your resume as your very own 30-second commercial spot. Hopefully, you ____________________________________________________________________ within the first five seconds so she'll keep reading. Otherwise, your resume may end up in the No pile.

Watch the video below to learn about the types of information that a typical resume contains. Answer the following questions using complete sentences:



1. What is a resume?


2. What information should you place at the top of your resume?


3. What is the Summary Section? Is it required?


4. Explain the Experience Section of the Resume.


5. Why do you need the Education Section on a Resume?


6. What is the purpose of a Resume?

Which of the following answers define the term N/A?

Directions: Fill in the Blanks.


1. Applications will typically _______________ by requesting a variety of ____________ information.




2. Often applications will have a place for you to indicate which __________ you desire. You should do some _____________ before filling out to determine what positions ___________ or are _______________ at the time you are applying.




3. 

Although most of the information included on an application should be on your _____________, many organizations prefer to use an _____________ because it allows them
to compare candidates through a standardized form.




4. 

Applications should not include any questions regarding marital or ___________ status,
race, ____________ origin or religion. Even indirect questions which might reveal any
information of this nature are prohibited.





5. 

The last section on most applications requires you to _________ all information on the
application is correct and provide your ____________. Many times, applications can
be considered legal documents, so signing at the end is the employer’s way of
discouraging lies and exaggerations.

Part I:
Watch the video and write a 3 - 5 sentence summary of what you learned.






Part II:
Click on the link below and answer the following questions using complete sentences.


1. While job search engines are one of the easiest ways to find a variety of job postings, you may also want to take advantage of more specific websites, depending on your needs. Give 3 examples of specific websites used to conduct a job search.





2. What is Glassdoor?




3. What is Craigslist?

Part I:


Click on the link and take the job search and networking quiz (Online).




Part II:


When finished take the quiz via Google Forms.

Watch the video below to learn some tips for conducting an online job search. Write a 3-5 sentence summary of what you learned from within the video.

1. Click on the attached link and view the section called Additional Resources. Give 3 examples of resources we can use in job hunting and career planning.
(Section: Additional Resources)








2. Click on the attached link and view the section called Getting Started. Looking for a job takes a great deal of time, energy, and effort. List some examples of different things you will need to begin your job search.
(Section: Getting Started)

1. Based on the attached document, which of the following steps do you believe would be the first step in a Job Search?




2. What are some reasons they encourage you to be patient? (Give 3 examples)




3. Give some clues as to what is expected when you Interview.






4. What are some ways that you can prepare for an interview?




5. Give 3 examples from the application section of this document.

1. Give some examples of Effective Communication. What are some ways that one can confirm that the information is being conveyed?


2. Explain what happened in the video with the caterpillar.


3. Define assertive communication.

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1. Name the two types of Active Listening.


2. Give some examples of how you can demonstrate that you are actively listening.


3. What is passively listening? Give some examples.

What happens when you are unable to solve the problem? Watch the video to discover the answer.

Write a 3 - 5 sentence summary of the various topics we covered throughout this week. What did we cover? How does it apply to employability? What did you learn that you had not known before?

In your own words, explain what we discussed in class on yesterday? What are some of the rules and expectations for this class? 
(Please use complete sentences)