Wed Feb 1

Today we will be talking about supply and demand, we will read pg. 3-7 in the textbook,
NOTES on Business Ownership, Marketing Organizational Focus, and Supply and Demand

Marketing 11
You will have time to finish the work from yesterday (Jones Soda) then complete the assignment below....

Now you can practice the principle of supply and demand by playing Lemonade Tycoon.

Here is a link

Business is competition so, we will have PRIZES for the top 5 finishers.

Marketing 12

Notes on types of business ownership.

Please finish your assignment from yesterday first.

Next, you are going to look at Facebook as part of your first units, looking at the stock market and how major companies 'Brand' themselves.

Start by reading this article and then answer the questions below.

1. What type of company is Facebook? (notes today)
2. What is an IPO
3. What is a stock or share?
4. What commonly happens to the majority of stocks that are purchased as part of an IPO?
5. What is unique about Facebooks IPO?