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Questions # 11:

You want your students to analyze the costs of running a business.

You plan a visit with your students to a business center that sells business services.

The business center offers the following services.

    Printing

    Photocopying

    Web site design

    Document scanning

    Word processing and editing.

What should you include as part of your classroom activities?

Options:
A.

Give an assignment during which the students will read three case studies about office service businesses. Summarize the students’ findings in a word processing document.

B.

Run a research project during which the students will use the Internet to compile a list of prices of various business services.

C.

Run a three-day project during which the students will set up their own office service business at the school and sell business services to the students and the staff.

D.

Run a two-hour project during which you will provide reference information on the cost of equipment, materials, and salaries. Guide the students to use spreadsheets to calculate the costs of a business.

Expert Solution
Questions # 12:

You teach an economics lesson about the effects of using price discount strategies.

During the class, you provide detailed sales statistics from a major national retailer.

Some of the students question the effectiveness of price discount strategies.

You want to demonstrate to the students that the strategies are cost-effective.

What should you do?

Options:
A.

Search the Internet for Web sites that contain more information about retail pricing strategies.

B.

Enter sample sales figures into a spreadsheet to model the effects of using price discountstrategies.

C.

Search the Internet for teaching resources on retail pricing strategies.

D.

Email several retail management experts and ask them for examples of how they use price discountstrategies.

Expert Solution
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