Please only post when the class is labeled [OPEN]. You may enter TWO Nightmares/Daydreams per stage. Look below to see what activities are available, choose the one that is appropriate to your Nightmare/Daydream's stage. Make sure to include all activity instructions in your post along with your response. Failure to do so will render your participation void for growths/graduation. All in-thread posts should contain a roleplay response with a minimum of 100 words, not including the prompt for the activity if there is one. PM Micillia about any questions, concerns, or otherwise.
Want More?
Contact Micillia via PM to set up a PRP with the professor. This could be about anything, help with your business, begging for extra credit, or simply a chat about business in general.
Posted: Wed Mar 15, 2017 1:01 pm
October; Macroeconomics Starts: First of October 2017 Ends: Last day of October
Rules:
Macroeconomics is the part of economics concerned with large-scale or general economic factors, such as interest rates and national productivity. In macroeconomics, a variety of economy-wide phenomena is thoroughly examined such as, inflation, price levels, rate of growth, national income, gross domestic product and changes in unemployment. Explain what one of the listed phenomena is and how it could affect your business. It can be as simple or detailed as you like. Getting an idea on paper is the first step to making a business.
Micillia
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Posted: Wed Mar 15, 2017 1:02 pm
Class History
Click the spoiler to view past assignments.
March; 4 Ps of Marketing Starts: First of March 2017 Ends: Closes on the last day of March
Rules:
For this class we will be looking at the four Ps of marketing. The Four Ps of marketing are Product, Price, Promotion and Place. Come up with a product or service they would be interested in selling and apply one of the four Ps to it. It can be as simple or detailed as you like. Getting an idea on paper is the first step to making a business.
April; The Market Starts: First of April 2017 Ends: Last day of April
Rules:
The market is the area that you sell your products or services. Therefore, it is critical to do market research on product demand before commencing your business. Come up with a product or service and answer the fallowing;
Is there an existing market for your products? If so, where is it?
It can be as simple or detailed as you like. Getting an idea on paper is the first step to making a business.
May; Ownership Starts: First of May 2017 Ends: Last day of May
Rules:
Every small business has to have an owner or owners, people who start the business and run it in its first stage. You will need to determine if you are going to run a one-person business or if you are going to take on a partner. Will you manage your business on your own, or will you get help? How will management be set up? Will you hire others to manage employees? It can be as simple or detailed as you like. Getting an idea on paper is the first step to making a business.
June; Customers Starts: First of June 2017 Ends: Last day of June
Rules:
Every new small business has to have customers or clients to survive. At the beginning, you'll need to find out how your target market feels about the products and services that you are offering them. How will you find out about your customer's feedback? Will you ask them yourself? Will you have them fill out questionnaires? What are some questions you would ask your customers? It can be as simple or detailed as you like. Getting an idea on paper is the first step to making a business.
Starts: First of June 2017 Ends: Last day of June
Rules:
Every new small business has to have customers or clients to survive. At the beginning, you'll need to find out how your target market feels about the products and services that you are offering them. How will you find out about your customer's feedback? Will you ask them yourself? Will you have them fill out questionnaires? What are some questions you would ask your customers? It can be as simple or detailed as you like. Getting an idea on paper is the first step to making a business.
July; Financing Starts: First of July 2017 Ends: Last day of July
Rules:
The majority of small businesses need money to get started, though a few may already have things in place to get going without needing to raise additional capital. Money is often the #1 reason most business fail, so you should ask yourself the following questions: How much do you need and why? What do you need it for? Where can you get that money from? It can be as simple or detailed as you like. Getting an idea on paper is the first step to making a business.
August; Location Location Location Starts: First of August 2017 Ends: Last day of August
Rules:
You will need a place from which to run your business. Running your business from home can save you a lot of money, if you can pull it off. However, if you need an office with storage for products or space for equipment, products and staff, you may need to raise money to lease a physical location. How will you go about this? Where are you going to set up your business? It can be as simple or detailed as you like. Getting an idea on paper is the first step to making a business.
September; Economics Starts: First of September 2017 Ends: Last day of September
Rules:
Microeconomics is the part of economics concerned with single factors and the effects of individual decisions. How will you go about this? Where are you going to set up your business? It can be as simple or detailed as you like. Getting an idea on paper is the first step to making a business.
October; Macroeconomics Starts: First of October 2017 Ends: Last day of October
Rules:
Macroeconomics is the part of economics concerned with large-scale or general economic factors, such as interest rates and national productivity. In macroeconomics, a variety of economy-wide phenomena is thoroughly examined such as, inflation, price levels, rate of growth, national income, gross domestic product and changes in unemployment. Explain what one of the listed phenomena is and how it could affect your business. It can be as simple or detailed as you like. Getting an idea on paper is the first step to making a business.
November; Microeconomics Starts: First of November 2017 Ends: Last day of November
Rules:
Microeconomics is the study of economic tendencies, or what is likely to happen when individuals make certain choices or when the factors of production change. How can this affect you? What would happen if an ingredient or part of your product dropped in price? It can be as simple or detailed as you like. Getting an idea on paper is the first step to making a business.
Posted: Wed Mar 15, 2017 1:19 pm
Class Activity | Four Ps of Marketing
Starts: First of March Ends: Closes on the last day of March
Rules: For this class we will be looking at the four Ps of marketing. The Four Ps of marketing are Product, Price, Promotion and Place. Come up with a product or service they would be interested in selling and apply one of the four Ps to it. It can be simple or detailed. Getting an idea on paper is the first step to making a business.
Sakurako liked this new business class assignment a great deal.
The Ps of business
Product: Sakurako had decided a long time ago what product she wanted to sell in her project she wrote down. "I intend for my product to be tea. Of many different varieties and flavors.
Price: "If possible I would like to keep prices low enough to be competitive but high enough to make a decent profit, the prices in my tea house in my village in the Above were normally a few copper stars, but I am researching prices in the Below to see where they range."
Promotion: "I only used word of mouth in my village, but intend to learn about more formal advertising now, such as newspaper ads and commercials."
Place: "I want to open my tea house in a busy shopping area where the odds will be high for many customs to come to my teahouse."
Sakurako said she wrote everything down on her paper for the teacher to see and hopefully give her suggestions on what she could improve on for her business plan.
Rules: Every small business has to have an owner or owners, people who start the business and run it in its first stage. You will need to determine if you are going to run a one-person business or if you are going to take on a partner. Will you manage your business on your own, or will you get help? How will management be set up? Will you hire others to manage employees? It can be as simple or detailed as you like. Getting an idea on paper is the first step to making a business.
Sakurako wanted to run her own business as the owner, she was willing to consider a co owner if there was one that had her same goals in mind for having a tea house, serving and making tea. Sakurako would likely hire a hiring manager to help with employ hiring and placement, since she didn't think she wanted to do that all by herself though she might have to do some of it herself in tell she got her business off the ground. She started writing a list of the things she would need in reference to business ownership and management.
Posted: Tue May 30, 2017 9:05 pm
Class Rollover
Micillia
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Posted: Mon Jul 31, 2017 10:28 pm
Rollin rollin rollin~
Posted: Thu Aug 03, 2017 7:11 am
Sakurako considered how much she needed to get her business going, she wrote "I will need enough to either buy or rent a space for my tea house, I intend to either get a loan from a bank or require a business partner. I will also need the money to get the tea, furniture, and other supplies for my tea house, as well as uniforms, and capital to hire staff to help get the business running and making money of its own." Sakurako made a list of all the things she needed and the estimated cost for each and then started on the outlook for how much she thought her tea house could make so she could go to a bank and make her presentation or find a business partner.