Anticipatory Set 1. Ask students to write about a time when they were tempted to do (May include pre-assessment for prior something unethical at school, work, or in the business community. knowledge) Then explain what influenced their decision. Discuss how individuals are faced with ethical issues on a daily basis. 2. Ask students to list two legal, two social, two customers, and two employee responsibilities for a business. Explain why each responsibility is important and what the business can do to accomplish the responsibilities. 1. The unemployment rate is an indication of how business-people, Direct Instruction * investors, and the government predict economic conditions. High unemployment figures usually indicate that the economy is contracting. Ask students to research current economic conditions to suggest what can be done to improve the rate of employment. 2. Recession can have an impact on the fashion industry. The public resulted in fashion designers scaling back on trendy lines because consumers had tight budgets. Many of the top-name designers like Ralph Lauren introduced classic lines and colors to to buy clothes that would stay fashionable for satisfy people’s need three or four years. Ask students to consider their wardrobes and to list items that will stay in style for three or four years. 3. Ask students for examples from their own life as a customer or as a worker of both good and bad ethical business practices. Then give students the on a small island following scenario. “You’re stranded with three other people. What personal traits would you want the other three people to possess? List the traits chosen by students. Then ask how this scenario relates to the workplace. Outline Notes to Instructor Explain how Economic Measurements in a Changing international business World has affected gross Gross Domestic Product-total value domestic product in both of goods and services produced in a a positive and negative country in a given year way. consumer goods and services business goods and services Ask students to explain government goods and services how an increasing goods and services sold to other unemployment rate has countries a domino effect on the Unemployment Rate economy. Rate of Inflation-rate at which the cost of goods and services rise Standard of Living-amount of goods and services the average citizen can buy
Anticipatory Set (May include pre-assessment for prior knowledge) 1. Ask students to write about a time when they were tempted to do something unethical at school, work, or in the business community. Then explain what influenced their decision. Discuss how individuals are faced with ethical issues on a daily basis. 2. Ask students to list two legal, two social, two customers, and two employee responsibilities for a business. Explain why each responsibility is important and what the business can do to accomplish the responsibilities. Direct Instruction * 1. The unemployment rate is an indication of how business-people, investors, and the government predict economic conditions. High unemployment figures usually indicate that the economy is contracting. Ask students to research current economic conditions to suggest what can be done to improve the rate of employment. 2. Recession can have an impact on the fashion industry. The public resulted in fashion designers scaling back on trendy lines because consumers had tight budgets. Many of the top-name designers like Ralph Lauren introduced classic lines and colors to satisfy people’s need to buy clothes that would stay fashionable for three or four years. Ask students to consider their wardrobes and to list items that will stay in style for three or four years. 3. Ask students for examples from their own life as a customer or as a worker of both good and bad ethical business practices. Then give students the following scenario. “You’re stranded on a small island with three other people. What personal traits would you want the other three people to possess? List the traits chosen by students. Then ask how this scenario relates to the workplace. Outline Notes to Instructor Economic Measurements in a Changing World Gross Domestic Product-total value of goods and services produced in a country in a given year consumer goods and services business goods and services government goods and services goods and services sold to other countries Unemployment Rate Rate of Inflation-rate at which the cost of goods and services rise Standard of Living-amount of goods and services the average citizen can buy Explain how international business has affected gross domestic product in both a positive and negative way. Ask students to explain how an increasing unemployment rate has a domino effect on the economy.