We discussed how businesses make revenue and what is left after expenses is called profit. We also discussed the need for start up money, as well as a brief overview of the roles in a business such as management, operations, accounting, inventory, and marketing. We also brainstormed the potential products or services we could provide as a class.
Starting Monday, students will be put into groups to pick a product or service and present a business plan to create and sell that product or service.
In Math we worked with the other 2 Grade 6 classes in the learning commons to solve a rich word problem involving mean. Students were placed in groups of three and used various problem solving strategies such as working backwards to arrive at a solution.
Next week we will also continue our literature study by completing the summarized and literary luminary jobs. The job sheets will be handed out Monday.
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