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Running a Business
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Running a Business
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Today we will learn
about some decisions that people have to make to run a successful
business. You will learn how supply and demand help business people
make decisions. You will also see how businesses use
incentives as part of the business plan.
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Task 1 |
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| Go to The Lemonade Stand. You will have to buy the cups, lemons, sugar, and ice. Use the temperature and the weather forecast to help you set the price, and the amount of lemons, sugar, and ice to use. As you are running your lemonade stand answer the questions on your worksheet. Be sure to read your customers comments so that you can make wise decisions. Close the Lemonade Stand window when you are ready to return to this page. | |
| Task 2 | |
| Have you ever thought about starting a business such as a lemonade stand? In the next activity you will have a chance to develop a business plan. In this activity you will need to answer some questions and make some decisions about opening a business. Print your business plan when you are finished. | |
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Additional Economics Sites and Activities |
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Shari Galgano |
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