orientation to a business community simulation 2 · pdf fileorientation to a business...

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iii ORIENTATION TO A BUSINESS COMMUNITY SIMULATION 2 Letter of Welcome ____________________________________________________ 3 Pettisville Business Community Directory _________________________________ 4 General Information About the Model Business Community __________________ 5 Your Part in the Business Community _____________________________________ 6 Map of Model Business Community, Pettisville, Ohio_________________________ 7 Responsibilities of Managers in Business Today _____________________________ 8 Career Opportunities for Persons with Management Abilities _________________ 8 What Working in the Model Business Community Will Do for You ______________ 10 General Information About Mean Jeans Manufacturing Co. ___________________ 11 General Information About the Simulation ________________________________ 12 Mean Jeans Business Community Simulation Components ___________________ 14 Simulation—An Exciting New Learning Experience _________________________ 15 ORIENTATION TO THE 15 BUSINESSES 16 18 Wheeler Truck Lines ________________________________________________ 18 Buckeye Equipment ___________________________________________________ 20 The Clothes Closet ____________________________________________________ 22 Creative Advertising Agency ____________________________________________ 24 The Denim Maker _____________________________________________________ 26 Hollywood & Vine Videos _______________________________________________ 28 Lee Community Center ________________________________________________ 30 Nouveau Investment Company__________________________________________ 32 Passports-2-Go _______________________________________________________ 34 Pettisville Bank _______________________________________________________ 36 Pettisville Post Office __________________________________________________ 38 Popular Designs ______________________________________________________ 40 Taylor Office Supplies _________________________________________________ 42 The Towne Crier ______________________________________________________ 44 United Communications _______________________________________________ 46 TABLE OF CONTENTS BUSINESS SIMULATION MEAN JEANS MEAN JEANS

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Page 1: ORIENTATION TO A BUSINESS COMMUNITY SIMULATION 2 · PDF fileORIENTATION TO A BUSINESS COMMUNITY SIMULATION 2 ... Lesson 8.3 Writing a Business Plan ... Becoming Familiar with the Mean

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ORIENTATION TO A BUSINESSCOMMUNITY SIMULATION 2Letter of Welcome ____________________________________________________ 3Pettisville Business Community Directory _________________________________ 4General Information About the Model Business Community __________________ 5Your Part in the Business Community _____________________________________ 6Map of Model Business Community, Pettisville, Ohio _________________________ 7Responsibilities of Managers in Business Today _____________________________ 8Career Opportunities for Persons with Management Abilities _________________ 8What Working in the Model Business Community Will Do for You ______________ 10General Information About Mean Jeans Manufacturing Co. ___________________ 11General Information About the Simulation ________________________________ 12Mean Jeans Business Community Simulation Components ___________________ 14Simulation—An Exciting New Learning Experience _________________________ 15

ORIENTATION TOTHE 15 BUSINESSES 1618 Wheeler Truck Lines ________________________________________________ 18Buckeye Equipment ___________________________________________________ 20The Clothes Closet ____________________________________________________ 22Creative Advertising Agency ____________________________________________ 24The Denim Maker _____________________________________________________ 26Hollywood & Vine Videos _______________________________________________ 28Lee Community Center ________________________________________________ 30Nouveau Investment Company __________________________________________ 32Passports-2-Go _______________________________________________________ 34Pettisville Bank _______________________________________________________ 36Pettisville Post Office __________________________________________________ 38Popular Designs ______________________________________________________ 40Taylor Office Supplies _________________________________________________ 42The Towne Crier ______________________________________________________ 44United Communications _______________________________________________ 46

TABLE OFCONTENTS BUSINESS SIMULATION

MEAN JEANSMEAN JEANS

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REFERENCEGUIDE 48UNIT 1 BANKING AND BOOKKEEPING 50

Lesson 1.1 Writing Checks _________________________________ 51Lesson 1.2 Posting to a Cashbook ___________________________ 57Lesson 1.3 Making Bank Deposits ___________________________ 65Lesson 1.4 Reconciling a Bank Statement _____________________ 71

Unit Summary and Glossary_______________________ 81-82Unit Activities 1.1-1.4 ____________________________ 83-92

UNIT 2 BUSINESS COMMUNICATIONS 93Lesson 2.1 Writing Business Letters __________________________ 94Lesson 2.2 Using Telephone and E-mail _______________________ 101Lesson 2.3 Speaking in Public_______________________________ 107

Unit Summary and Glossary_____________________ 109-110Unit Activities 2.1-2.4 __________________________ 111-118

UNIT 3 PAYROLL 119Lesson 3.1 Preparing Time Cards ____________________________ 120Lesson 3.2 Completing a Payroll Register _____________________ 124Lesson 3.3 Paying Federal Withholding & FICA Taxes ____________ 133

Unit Summary and Glossary_____________________ 137-138Unit Activities 3.1-3.3 __________________________ 139-144

UNIT 4 ACCOUNTS PAYABLE AND RECEIVABLE 145Lesson 4.1 Preparing Purchase Orders ________________________ 146Lesson 4.2 Using Item Invoices ______________________________ 155Lesson 4.3 Using Service Invoices ___________________________ 162

Unit Summary and Glossary_____________________ 167-168Unit Activities 4.1- 4.4 __________________________ 169-176

UNIT 5 POSTAL AND SHIPPING SERVICES 177Lesson 5.1 Using Postal Services ____________________________ 178Lesson 5.2 Using Postage Meters ____________________________ 185Lesson 5.3 Using Freight Services ___________________________ 188

Unit Summary and Glossary_____________________ 197-198Unit Activities 5.1- 5.3 __________________________ 199-202

UNIT 6 BORROWING MONEY 203Lesson 6.1 Using Promissory Notes __________________________ 204Lesson 6.2 Paying Mortgage and Installment Loans _____________ 212

Unit Summary and Glossary_____________________ 217-218Unit Activities 6.1- 6.3 __________________________ 219-222

UNIT 7 ADVERTISING 223Lesson 7.1 Writing Classified Advertising _____________________ 224Lesson 7.2 Preparing Display Advertising _____________________ 227Lesson 7.3 Creating Electronic Advertising ____________________ 230

Unit Summary and Glossary_____________________ 233-234Unit Activities 7.1-7.4 __________________________ 235-240

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UNIT 8 REPORTS AND BUSINESS PLANS 241Lesson 8.1 Preparing a Presimulation Report __________________ 242Lesson 8.2 Compiling Audit Reports _________________________ 245Lesson 8.3 Writing a Business Plan ___________________________ 249Lesson 8.4 Preparing Financial Statements ____________________ 263

Unit Summary and Glossary_____________________ 267-268Unit Activities 8.1- 8.4 __________________________ 269-276

UNIT 9 HUMAN RESOURCES IN BUSINESS 277Lesson 9.1 Preparing for Work ______________________________ 278Lesson 9.2 Evaluating Job Performance _______________________ 289

Unit Summary and Glossary_____________________ 293-294Unit Activities 9.1- 9.4 __________________________ 295-302

UNIT 10 INVESTMENTS 303Lesson 10.1 Purchasing Stocks _______________________________ 304Lesson 10.2 Taking Part in Stockholders’ Meetings _______________ 309

Unit Summary and Glossary_____________________ 315-316Unit Activities 10.1-10.2 ________________________ 317-319

PRESIMULATION:GROUP ACTIVITY 320Becoming Familiar with the Mean Jeans Business Community Simulation _______ 323Becoming Familiar with PART 3 Reference Guide ____________________________ 324Applying for Employment as a Business Manager ___________________________ 327Obtaining Employment as a Business Manager _____________________________ 327Participating in the Managers’ Meeting ___________________________________ 329

PRICE LISTS ANDPERSONAL SUPPLIES 334Price Lists ___________________________________________________________ 335Personal Money ______________________________________________________ 351Mean Jeans Letterhead Stationery _______________________________________ 363

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INTERNET EXPLORATIONSUNIT 1 Online banking services 82UNIT 2 Free e-mail services 110UNIT 3 Payroll services 138UNIT 4 Ordering supplies and paying bills 168UNIT 5 Postage meters, postage online, and

overnight shipping services 187United States Postal Service 198

UNIT 6 Mortgage calculators 218UNIT 7 Electronic advertising 234UNIT 8 Help writing a business plan 268UNIT 9 Help writing a resume 294UNIT 10 Browsing companies to invest in 316

Doing Business on the ’NetUNIT 1 Online Banking 80UNIT 2 Free E-mail 106UNIT 3 Online Payroll 130UNIT 4 Ordering Online 154UNIT 5 USPS Online 184UNIT 6 Borrowing Money Online 211UNIT 7 Sample Ads Online 229UNIT 8 Business Plans Online 262UNIT 9 Finding a Job Online 288UNIT 10 Trading Stocks Online 314