notes.

what precentage revenue come from advertising.

Who are you actually marketing to? women from 12-24

female teens 640 billion in spending power

client producer

media tv billboard radio

advertisng technique

avants garde
facts

opening activity Nov 22

Do you agree or disagree with the following statements? Explain Why.

"If goods were sold only for cash, prices would be lower and everyone would be better off."
"If I can't pay for something, it means I can't afford it, so I won't buy it."
"I buy on credit whenever I can because credit increases sales and is good for businesses."
"You should use credit sometimes: it helps you establish a credit rating, which may be useful in case of an emergency."

1) i don't really understand this statement
2) it means you are stealing i guess?
3) im not sure.

Nov 21 vocab

https://docs.google.com/document/d/1-NpGvcWcRP-W6mK-foHomDAREFCLTvJT36WdVoS1SiM/edit

opening activity

it is the basic function of management. It deals with chalking out a future course of action & deciding in advance the most appropriate course of actions for achievement of pre-determined goals. 

it is the process of bringing together physical, financial and human resources and developing productive relationship amongst them for achievement of organizational goals. According to Henry Fayol, “To organize a business is to provide it with everything useful or its functioning i.e. raw material, tools, capital and personnel’s”

it is the function of manning the organization structure and keeping it manned. Staffing has assumed greater importance in the recent years due to advancement of technology, increase in size of business, complexity of human behavior etc. 

it is that part of managerial function which actuates the organizational methods to work efficiently for achievement of organizational purposes. It is considered life-spark of the enterprise which sets it in motion the action of people because planning, organizing and staffing are the mere preparations for doing the work.

It implies measurement of accomplishment against the standards and correction of deviation if any to ensure achievement of organizational goals..............

opening activity

My business "teach you how to dance" is doing very well but we didn't actually open our business yet but i believe we are going to make a lot of money, i enjoy working with my group because i feel fun working with them because they are respectful and muneeb is a great leader in our group i think he inspire our group to do better. i also think that we have a slightly chance to win the competition , but the flower shop are doing so well so i'm kinda scared that we won't win but i'm going to keep it on the positive side.

opening activity

A product that isn't made any more is game cube they don't make any more game for it, i think that really dumb because so me people can't afford those new game like ps3 and Xbox 360 some poeple cant afford it i think gamecube to be back so i can be buying cheap games.

opening activity

This weekend i didn't really remember about the "pyp" but what i think about it, its a pretty cool thing to do because you get to put pictures on it its very creative thing to do, the only thing i wish is i would have more pictures to put on and it takes very long to upload. Im not sure how to make a marketing thing.

opening activity

What is your least favourite ad? What is your favourite ad? Put an example of a good and a bad ad on your blog. Explain why one works for you and one doesn't.
my favourite Ads are the one where you play basketball and you're tired and all sweaty but after doing all those hard work all you have to do is just take a chocolate milk and you will feel fresh, i like that ad because i'm a basketball player and i do drink chocolate milk now.
The ads i don't like is those non-sense ads where they don't make any sense to me like those viagra ads.

these are some cool ads. 

opening activity

What is Guerilla Marketing?

On your blog - Which idea did you like the best and why?

The idea i liked the most was the super glue when they glue the quarter to the ground and no one could picked up it shows people how strong the glue was i think that was the best idea. I also liked the slide idea when people could of slide down instead of taking the escalator it shows how much faster if you use that and most of the people loved ecspically the kids ,but i'm not sure why did they make a commercial like that.

Guerilla marketing im not really sure what it means but i think its means smart marking or very consistent marketing. Yea this is all i got.

opening activity

Do you think they are right about generation Y? How can you use this "consumer behaviour" analysis to further your company?


I dont really get what generation Y is but i think the generation Y isn't a strong thing i think its important to post your business live on facebook or media use, it spread your company around the city and people will mostly like know who you are i believe we need to show people more what we are doing so they will know  us and think that we're cool.

business slide share is on stanley blogggggg

opening activity

What does this story teach you about customer service, customer loyalty, customer relations and the customer experience?

I didn't really understand what he was trying to say i don't think he pointed out the customer service. But i think he's trying to tell us all business need good customer service to have a good business in the business industry. if you have a good customer service and know how to talk you'll make more money and better love from the customer. okay that's all i got.

https://docs.google.com/spreadsheet/ccc?key=0Als_iC3Rj56CdDBtZ1dGT1hkZnpFRFV4WjBQRHpKNVE
PERSONAL FINACE

opening activity

is it possible for a business to be solvent but not profitable? Why or why not
yes they can be a solvent business finical apable of meeting financial obligations. profit when you make money and pay the things you owe.

opening activity

1) cash-A current asset account which includes currency, coins, checking accounts, and undeposited checks received from customers. The amounts must be unrestricted.

2)petty cash-A current asset account that represents an amount of cash for making small disbursements for postage due, supplies

3)temporary investments-A current asset account which contains the amount of investments that can and will be sold in the near future.

4)accounts receivable - combined amount of the debit balance in the current asset account Accounts Receivable and the credit balance in the contra asset account Allowance for Doubtful Accounts. The difference between the balances in these two accounts is an approximation of the amount of the accounts receivable that is likely to turn to cash

5)-inventory-A current asset whose ending balance should report the cost of a merchandiser's products awaiting to be sold. The inventory of a manufacturer should report the cost of its raw materials, work-in-process, and finished goods.

What formula must a balance sheet follow?
0 Assets = Shareholders + Equity
1 Assets = Liabilities + Shareholders Equity
0 Liabilities = Assets + Shareholders Equity
What is an asset?
0 A balance sheet item
1 Something that generates cash flow
Is accounts payable an asset or a liability?
1 a Liability
0 an Asset
What are accounts receivable?
0 A company has made a purchase but has yet to pay for it.
1 A company has made a sale but has yet to receive money for it.
What is on the left of the balance sheet?
1 Assets
0 Liabilities
What's on the right of the balance sheet?
0 Assets
1 Liabilities
What is the purpose of the balance sheet?
0 It's an income statement.
0 It's a cash flow tracker.
1 Gives a companies financial position for a single moment in time.
You get 5 points. The maximun are 7 poits
3