GBUS251

jmucci@lbcc.edu

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Week

Clock

Video Chapter Overview

Reference Assignments

Reading Assignments

Practice Exercises

 

Tests

In Class

Research Assignment Economist

Forum

Project

More Challenging & Thought Provoking,

"Think Globally & Participat"You have got to be believed to be heard! "Decker

Watch/Read/Agenda

 

Watch/Read

 

Read Optional practice with Study Questions

5 100 Points Tests Drop 1

In Class Assignments Email an article or personal experience about the subject listed and email to jmucci@gwc.cccd.edu. Click on the economist link above as a research resource. Research can be done as a group project. Create, join and learn to use Yahoo Groups and participate by posting and responding to polls in the weekly forum

Work with your classmates in groups sharing experiences and insights, building on each others ideas and collaboratively create a business project.

 

 

  Put name on all work!

Points Each

100

20

10

10

200 Peer Eval

envelop

Points Total = 700

Extra Credit Project = 200 Extra Credit PTO= 100

Boston

400

 

200

100

100

200

1-09/06

 

"Think Globally & Participate"

  • entrepreneur: person who seeks a profitable opportunity and takes the necessary risks to set up and operate a business.
  • intrapreneur: entrepreneurially oriented person who develops innovations within the context of a large organization.

Welcome

Challenging, Thought Provoking, Stimulating & Exciting

The Music Business $

The Basic Business Plan

Be sure to sign the attendance sheet

Discipline that Promotes Responsibilty - Fred Enfield

 

Intro/Intermediate/Advanced

 

Peer Education presented by Dr. Bill Williams

The Basic Business Plan

Patrick's Law

LBCC Budget

 

" The most important thing a company can do is hire the smartest people possible then give them the resources to transform their ideas into reality." Bill Gates

Each week will cover both basic material for a 100 course & more advanced material for students looking for additional challenges.

Textbook

Student Learning Outcomes

Weekly Agenda

 

 

Respect Based Management

Aspirations

Student Survey: (1) What do you want to get from this class? (2) How can the instructor help you meet your expectation? (3) What excercises do you find most productive? (4) What inspires you to return to class & participate?

 

 

"Most people honestly want to do as well as they can" Oprah Winfrey

Rate the Professor

.

5 Greatest Guitar Players (Rock):

 

 

Standard Deviation

2-9/13

 

Class Room Etiquette

 

 

Student Survey

 

John Geehan

 

Drayage 2012

The Basic Business Plan

Patrick's Law

How to make money!

Continuation of the current payroll tax cut. The cut, which cost $112 billion so far, allows employees to pay 4.2% instead of 6.2% on their first $106,800 of wages into Social Security.

Strat 0

2000 US Debt 5.6 Trillion

 

2000-2010 Lost Revenue from Tax Cuts 3.5 Trillion
2000-2010 Cost of Iraq War 3.5 Triilion
2000-2010 Medicare Drug Program .5 Trillion

2000-2010 2008 TARP as a result of 2000-2010 financial deregulation (repeal of Glass Steagall) 1.5 Trillion

 

2000-2010 Revenue reductions and unbudegted expenditures 9.0 Trillion
 
5.6 trillion plus 9.0 trillion = 14.6 Trillion
 
2011 debt ceiling 14.3 Trillion
  • Hong Kong: $121.9 billion (0.9 percent)
  • Caribbean banking centers: $148.3 (1 percent)
  • Taiwan: $153.4 billion (1.1 percent)
  • Brazil: $211.4 billion (1.5 percent)
  • Oil exporting countries: $229.8 billion (1.6 percent)
  • Mutual funds: $300.5 billion (2 percent)
  • Commercial banks: $301.8 billion (2.1 percent)
  • State, local and federal retirement funds: $320.9 billion (2.2 percent)
  • Money market mutual funds: $337.7 billion (2.4 percent)
  • United Kingdom: $346.5 billion (2.4 percent)
  • Private pension funds: $504.7 billion (3.5 percent)
  • State and local governments: $506.1 billion (3.5 percent)
  • Japan: $912.4 billion (6.4 percent)
  • U.S. households: $959.4 billion (6.6 percent)
  • China: $1.16 trillion (8 percent)
  • The U.S. Treasury: $1.63 trillion (11.3 percent)
  • Social Security trust fund: $2.67 trillion (19 percent)

 

 

Respect Based Management

Project Process

3-9/20

Good Fellas

How many Psychologists does it take to change a lightbulb?

Census Date 09/27/11

 

In Class Student Survey

Be sure to sign the attendance sheet

Players: Asian BB, Violin Soccer, Nathan & CC in BB.

Ethics

OrgBeh

 

 

 

 

 

Strat 0

envelop

"Ignore the stock market, ignore the economy, and buy a business you understand." Warren Buffet

mind

 

Groups: (50)

  1. Marketing (Survey)
  2. Operations (Orgainize)
  3. Finance&Admin (Internal Measures & Posting)
  4. Compensation Committee(Rules & Point, Roster Check, Dept Interface)
  5. Strategic Planning (What Market/Product)
  6. Executive (Backup, FU, Seating &Non Briefcase)

Develop Class Project Groups & Roles

Doors

How are we going to get the class to work in a group?

Project Process

4-9/27

 

Critical Thinking, effective oral and written communication and collaboration"

Thinking critically involves asking the right questions - rather than memorizing the right answers

Commiunication and collaboration involves defining objectives aand then working with others to bring them about.

A mix of Math, introductory accounting, entrepreneurship and economics

Persistence trumps talent, but it helps to have both

Self cnfidence and resiliency, which is what gives you the ability to get through the failures

Successful creators know how to get things done.

Pursue your passion with a purpose = pull you from within

One of the most important skills is to be a lifelong learner

Innovation from the bottom up

 

 

Disciple that Promotes Responsibilty

PTO Rules

Summarize the ways in which marketing creates utility.

Explain the marketing concept and relate how customer satisfaction contributes added value.

 

Marketing Process

Marketing Process

Product Life Cycle

Product Life Cycle

Service Band

 

 

Strat 0

 

Strategic Marketing

Marketing Survey

Personal Cultural Business Experience

 

OrgBeh

 

How an Organization Progresses

 

 

"In every instance,
we found that the
best-run companies
stay as close to
their customers
as humanly possible."

Tom Peters

 

Develop tactics for increasing number of members participation.

How are we going to get the class to work in a group?

Groups:

  1. Marketing
  2. Operations
  3. Finance&Admin
  4. Technology
  5. Project Management

5-10/4

Class Project with Funding

Discipline that Promotes Responsibilty - Fred Enfield

 

Intro/Intermediate/Advanced

 

 

 

 

Marketing Process

 

Critical Thinking Critical Thinking

Product Life Cycle

 

 

 

 

 

What is an Aptitude Test?

An aptitude test is a test designed to measure a person's potential ability to perform an activity of a specialized kind.

 

Enjoy

 

Classroom Etiquette

 

Instructor Business Experience



Chapman GWC
3 Credits
$1000.00 Per Credit 20
16 Weeks @ 3 Hours per week
48
$62.50 Per Class Hour per Student 1.25
Revenue  $      33,750 45 Students @ 12 Hours
COGS  $          (675)
Gross Margin  $      33,075

 

Join a class project group

6-10/11

Compensation Committee

Favorite Entertainer

 

 

Overview

 

PhD

 

 

 

Promo Mix

 

Important Aspects of Business

 

 

 

Music Publishing

The Basic Business Plan

Taking Initiative

Logistics

How do you think the average person would spend a $1,500 cash gift

Marketing Group :

Operations Group :

F&A Group:

Project Management Group;

7-10/18

 

Chez Panisse

 

Story of Chez Panisse

 

 

 

 

 

 

O

 

Grades

 

Toyota

 

Test 1 @ 2030

the root mean square (RMS) deviation of values from their arithmetic mean

Brett Favre - Showing Up

 

Toyota Camry

How should college fees be set?

Group Project Organization

8-10/25

 

 

 

 

Toyota

 

Customer Relationships

Give an example of how you worked collaboratively in this class.

Group Project Organization

9-11/01

 

 

 

 

 

Drucker

 

Citizen’s Global Responsibility

Discuss something you have learned from another class member

 

10-11/08

 

Individual Assessment

As a class, we are going to create and sustain a restaurant operation using the business math principles and practices we have discussed in class.

Strat 0

 

Starbucks

Stewardship

Give an example of good leadership

 

11-11/15

 

 

Food for thought on health care $
 
Annual Cost $2.4 Trillion
Non Medical Admin Cost $840 Billion
Health Insurer Profit $35 Billion
Total Cost Non Medical 875 Billion = 36% of Annual Cost
Cost to Insure Unisured $ 120 Billion or 14% of the total non medical admin/profit
 
Just basic arithmetic with a dose of questionable values

 

 

 

 

What states are good to incorporate a business?

What should come first in organizing a business?

Group Project Organization

12-11/22

No Class at LBCC

Class Objectives Project Assigned in lieu of Class

Submit on 11/29 written examples of your understanding of each of the GBUS251 Objectives

 

OBJECTIVES: 1. Calculate commissions, discounts, and markups commonly used in business.
2. Review and assess basic mathematical applications related to accounting service areas.  
3. Differentiate and calculate both simple and compound interest. 
4. Calculate various forms of business depreciation. 
5. Construct simple balance sheets and income statements from given data.

6. Calculate payroll, along with taxes, social security and medicare

 

 

 

Micro Loans

Should US Businesses receive tax reductions?

Comp Committee Group Status

13-11/29

 

Present Objectives to Class:

 

 

 

OBJECTIVES:

1. Calculate commissions, discounts, and markups commonly used in business.
2. Review and assess basic mathematical applications related to accounting service areas.  
3. Differentiate and calculate both simple and compound interest. 
4. Calculate various forms of business depreciation. 
5. Construct simple balance sheets and income statements from given data.

6. Calculate payroll, along with taxes, social security and medicare

 

 

 

(1) Must be Reliable (2) Must Create & Sustain Revenue Certainty (3) Must be able to participate in diverse groups (4) Must be able to establish and measure objectives (5) Must be able to adapt to changing requirements (6) Musrt be able to assess situations, create and implement solutions (7) Must intimately understand basic business transaction (8) Must be able to understand P&L (9) Must be able to undersatnd and complete Strategic Marketing Planning (10) Must be able to understand and implement Respect Based Management or similar Mgmt Practice

 

Benefits  $  52,000.00
Social Security 6.20%  $    3,224.00 6.20%
Medicare 1.45%  $        754.00 1.45%
Employment Training Tax 0.10% 7000  $            7.00 0.01%
Unemployment Insurance 3.4 3.4% 7000  $        238.00 0.46%
SDI 1.0% 95685  $        520.00 1.00%
Workers Compensation  16.5%  $    8,580.00 16.50%
Health Care @ 175*12  $    2,100.00 4.04%
PTO 8 Hours Per Pay Period         25.00        5,200.00 10.00%
 $  20,623.00 39.66%

 

  "Cost Effective and Highly Reliable"

Do you think Port security is sufficient in the US?

Group Project Suspended for Strategic Planning, Marketing & Operations- Group members can complete previous assignments individually.

(25) Assignment Productivity

(25) Syllabus Rewrite

(25) 3 Key Points from each Subject Covered

(25) Promotional Ideas to Improve Attendance

(25) Crisis Group

14- 12/6

 

 

Trickle Down Economics (Lower Taxes for High Earners/Capital Gains) versus Taxing the Rich and reducing FICA contributions.

 

 

 

 

 

Test 2

 

Creating Revenue Project

Bring an empty plastic water bottle to class with an idea on how to create utility with it for a market.

 

Marketing Process Chart for reference

 

 

China to Wal*Mart

Who should pay for trade related environmental improvements in Southern California?

Consolidation

15-12/13

 

 

 

 

 

 

 

MacDonald’s Index

How did you contribute to the class?

 

 

 

 

Present & Discuss Class Collaborative Project

 

 

 

 

Edited Report

17

Overview

 

 

 

 

 

 

Present

 18-

Overview

 

 

 

 

 

Grade

Points Earned

 

A

> 629

B

629-560

C

559-490

D

489-420

F

< 420

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