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period 2

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Attitude is everything!

Northern Trust Field Trip

Students in SHS Business Concepts class were invited to Northern Trust for a Financial Literacy Day!

The students participated in a Financial Football Game and a board room meeting on topics such as Saving for Retirement and the time value of money, investing in stocks, and bonds, best practices for interview skills and a panel discussion on careers in finance and banking.

Also Happy Holidays from Business Concepts!!!!!

Business Students Give Thanks!

"There is always something to be thankful for"

The theme of the week is giving thanks for what we have because there is always something to be thankful for. Especially during this season of holidays and togetherness, it is important to appreciate all that we have.

Students decorated a poster outside the classroom of "hand turkeys" and wrote what they are thankful for.

Most of us are thankful for friends and family and in my opinion those relationships are the most important of all! Not one person wrote about any material possessions!

Some things to be thankful for included

"Thankful to live in the USA"

"Happiness"

"My health"

Students also decorated Thanksgiving Placemats that were donated to Inspirica in Stamford, the largest service to the homeless in lower Fairfield County. For more ways to help please go to their website: http://inspiricact.org/about-inspirica/

Members of Business Concepts Class took part in “Shark Tank Day” on November 13^th where they presented their business ideas to a panel of Sharks which included teacher and entrepreneur Wendy Wade, guidance counselor Anna Murray, Marketing/DECA teacher and Department Head of the Unified Arts Department, Howard Levy, Marketing Director of Schimenti Construction, Lauren van Rensburg, and Storage Technical Solution Specialist of Microsoft, Rob Griffin. The Sharks provided feedback and insight on the business ideas, and an “offer” was made!

 

Students created a business idea/product to pitch their idea to a "Shark Tank" similar to the concept of the popular television show "Shark Tank". The students researched the start up costs of a business, marketing and managing plans, profit and sales revenue analysis and more!

 

Students of C.A.S.A.D.E with their Shark who offered them $200,000 for a 33% stake in their company!

 

 

Students presenting their product to the panel of "Sharks"

 

Sharks discussing the business ideas and providing feedback to student's ideas!

 

 

 

Personal Finance Week of November 10-November 14

What is ahead! Current Objectives:
 

Evaluate savings and investment options to meet short- and long-term goals.

Differentiate between saving and investing.

Distinguish between simple and compound interest.

Identify the risk/return trade-offs for saving and investing.

Describe the advantages and disadvantages of various savings and investing plans.
Explain how and why the stock market works.

Explain the role of saving and investing in creating a financial plan.

Calculate and apply the Rule of 72.

Contrast the impact of simple interest vs. compound interest on savings.