1. what is the reality store? 2. what needs to be done to plan and organize for an event such as the...

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1. What is the Reality Store?

2. What needs to be done to plan and organize for an event such as the Reality Store?

04/20/23 1

An event for Seniors who have the opportunity to experience what it will be like at the age of 25.

Reality Store Business Project

COMPETENCIES: Differentiating the Organization and

Characteristics of Business Examining Economic Factors Affecting Business Identifying the Scope of Management Conducting Business Operations Conducting Financial Activities Conducting Marketing Activities Administering Human Resources Functions Developing Communication Skills for Business Enhancing Career Exploration and Employability

Skills

Provide a hands-on educational experience for Business Management students.

Fulfill the proclamation by Governor Tim Kaine, in 2005, to make April Virginia Financial Literacy month.

Provide a fun and educational experience for the seniors at LCHS to learn. 04/20/23 3

Business Management students working as a team to successfully manage, plan, market, and complete business operations for the Reality Store event.

Students, teachers, administration, business volunteers, parent volunteers, and public officials engaged and actively participating in the Reality Store event as a fun but educational experience.

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Business Management student will be responsible for the following activities: Marketing, Financing, &Production

Information needed on posters:What?Who?When?Where?How?

What makes a good poster?04/20/23 6

04/20/23 7

Flyers – 20 (81/2 x 11)Posters - 10 large

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Posters - 4 mediumDirectional arrows - 4

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Set up laptop and projector on cart from library and make sure microphone/sound system is ready at 10:55am1-2 people

Seniors meet in Auditorium from 11:15 – 12:06Direct Seniors into Auditorium

4 people at entrance of AuditoriumInformation needs to be handed out to students

to complete1-4 people helping

Basic information given to students about the Reality Store Event

Information need to be collected.1-4 people helping

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Carrying in items for tablesSetting up tablesSetting up 2-3 chairs at each table

Putting table clothes on each table

Putting items/signs around gym and on tables

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Crystal B

all

Hou

sin

g 1

Communi-cations

Ban

k 1

Uncle Sam 2

Personal Care

Housing 3 Supplemental Income

SOS

Credit Union

Con

trib

uti

ons C

redit C

ard T

ransp

ortation

Entertain-

ment

Un

cle

Sam

1

Clothing Housing 2

Gro

cery

Uti

liti

es

Childcare

Reality Store Layout

z

Furniture Uncle Sam 3

Childcare

Tables for calculators

NO CHAIRS

Tables for calculators

NO CHAIRS

Med

ical D

ental

Ban

k 2

Tables for calculators

NO CHAIRS

Insur- ance

Invest-

men

ts

Number of tables: 3 chairs behind each table 27 Booth Tables 2 Calculating Tables (Center) 1 Display Table VCE (1-2 Registration Table(s) where breakfast will be served)

VCE Display Table – catty corner in one of the corners of the gym

Students (4 needed) will hold posters/directional signs 8am-9am

Direct business volunteers to parkingMrs. Burrow’s will also be assisting

Direct business volunteers to cafeteria entrance 04/20/23 14

Student greeters (4 needed) 8am-9:15am Greet business volunteersGive name badges and check-0ffDirect volunteers to breakfast in cafeteria

Help carry items to gym if needed

04/20/23 15

4-6 students working on breakfastCreate menu

Determine funds neededDetermine if items will be donatedDetermine if items baked/madeDetermine if items purchased

Set-up the breakfast by 7:45am5 students needed

Monitor breakfast area 8am-8:55am5 students neededOnly allowing business volunteers

Clean up the breakfast area 8:55am-9:15am5 students needed 04/20/23 16

04/20/23 17

Menu used in past events

Set up Auditorium 8:30-9am1 or 2 people neededLaptop and projector on cart (from

library)Lower screenMake sure microphone/sound

system is workingHandout packets to Seniors coming

into Auditorium 9am-9:20am4 people needed 04/20/23 18

NON-SENIORS – Will need at least 15 students to help !

Items removed from tables and put in containers

Table cloths removed and put in containers

Tables stacked on cartsChairs stackedTarp foldedAll trash cleaned up

04/20/23 19

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient

and effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

04/20/23 20

04/20/23 21

55

minutesminutes1. What needs to be done to prepare for a

successful event?2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

04/20/23 22

44minutesminutes

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

04/20/23 23

33minutesminutes

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

04/20/23 24

22

minutesminutes1. What needs to be done to prepare for a

successful event?2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

04/20/23 25

11

minuteminute1. What needs to be done to prepare for a

successful event?2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

04/20/23 26

5050secondsseconds

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

04/20/23 27

4040secondsseconds

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

04/20/23 28

3030secondsseconds

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

04/20/23 29

2020secondsseconds

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

04/20/23 30

1010secondsseconds

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

04/20/23 31

99secondsseconds

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

04/20/23 32

88secondsseconds

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

04/20/23 33

77secondsseconds

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

04/20/23 34

66secondsseconds

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

04/20/23 35

55secondsseconds

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

04/20/23 36

44secondsseconds

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

04/20/23 37

33secondsseconds

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

04/20/23 38

22secondsseconds

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

04/20/23 39

11secondsseconds

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

04/20/23 40

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1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

1. What needs to be done to prepare for a successful event?

2. How to divide into teams?3. How to divide the task to be efficient and

effective?4. How are students/teams evaluated?5. What can you do to fulfill your

responsibility?• What will be the reward?

6. How to motivate team members?7. What could be potential problems?

04/20/23 42

Create 20 FlyersCreate 10 Reality Store Event Posters

Create 4 Reality Store Parking Posters

Create 4 Directional arrows Reality Store this way

04/20/23 43

Marketing - postersBreakfast GreetersParkingSet-upClean-up

04/20/23 44

Brainstorm1. What task need to be performed?2. How can task be successfully be completed

efficiently and effectively?3. Create a timeline when each task needs to be

completed4. Who will perform each task?5. What supplies are needed?6. Create Student Contract (2 copies). You must

list what jobs (task) you will complete and your desired grade if you successfully complete all of the task.

04/20/23 45

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See Reality Store linkContact Information for Reality Store event

04/20/23 47

Complete a SWOT analysis of our Reality Store Project identifying our:StrengthsWeaknessesOpportunitiesThreats

04/20/23 48

Work on assignments—need to be completed today! Know what you are responsible for the Reality Store.Marketing taskBusiness operations taskFinance Task

SMG check on stocks and work on graphs

04/20/23 49

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