Chapter 1 in my Business 101 Course is "Taking Risks and Making Profits within the Dynamic Business Environment". The chapter consists of most basic concepts: business, goods, services, entrepreneur, risk, revenue, profit, loss, standard of living, quality of life, social business, non-profit organizations, out-sourcing, in-sourcing, stakeholders...
Goals included:
1. Describe the relationship between profit and risk and show how businesses and nonprofit organizations can raise the standard of living for all.
- What are the possible risks that we may have in building a kindergarten?
- How we can avoid the risks?
2. Compare and contrast being an entrepreneur and working for others.
- As entrepreneur, we must understand our employees so as to treat them well
3. Analyze the effect of the economic environment and taxes on businesses
- For now, we have decided to build a kindergarten in Vietnam, Hanoi. Thus, we must be aware of what is happening in Vietnam?
4. Describes the effects of technology on businesses
Business may include good IT support.
5. Demonstrate how businesses can meet and beat competition
- Focus on communication and product quality
6. Analyze the social changes affecting businesses
- Since
7. Identify what businesses must do to meet global challenges including war and terrorism
8. Review how past trends are being repeated in the present and what those trends mean for tomorrow's college graduates.
lundi 5 septembre 2011
mercredi 31 août 2011
WELCOME!!!
I feel happy writing this first entry. My brother, Andres and I have recently found out our common love: KIDS. He had initially wanted to work for UNICEF in our country, Vietnam, but right now they seems to accept no more applications ( I am not very sure about this).
What is important is that we are on our right track. In the short run, Andres will work in Vietnam for 1 or 2 years after his graduation this year. This is a good way to gain experiences I believe. At the same time, I am majoring in Finance at Carroll University. Here in US, I am enjoying lots of freedom regarding learning, working and living conditions. I have been practising self-discipline and I know that it'll be amazing kind of freedom. In the long run, Andres will go UK for his master as he discussed with me. I will go France/German/UK too for exchange program. Such overseas opportunities are priceless, so precious that we just cannot lose.
And with such excitement about our future plus that I am having first day of college tomorrow already, I would like to announce the birth of "WE WILL BUILD A KINDERGARTEN" blog. On this blog, I think I would include my thoughts on very basic economics as well as business concepts that I am learning in my college. Aside from this first ray of decision, I predict that many things will come. But don't worry about disorganization! Things will not mess-up here because I will catergorize them excellently.
Thanks for visiting our blog! Remember: WE WILL BUILD A KINDERGARTEN! Please if you are passionate about any of my ideas, don't hesitate to discuss it with me here or contact me at takethetoutofcant@gmail.com or facebook me at jenniphoviet@facebook.com I believe ideas connect people and so I hope to meet you, talk to you about the ideas we have, the stars we share and the hope we nurture.
Sincerely,
Jennifer Vu Minh Huong
What is important is that we are on our right track. In the short run, Andres will work in Vietnam for 1 or 2 years after his graduation this year. This is a good way to gain experiences I believe. At the same time, I am majoring in Finance at Carroll University. Here in US, I am enjoying lots of freedom regarding learning, working and living conditions. I have been practising self-discipline and I know that it'll be amazing kind of freedom. In the long run, Andres will go UK for his master as he discussed with me. I will go France/German/UK too for exchange program. Such overseas opportunities are priceless, so precious that we just cannot lose.
And with such excitement about our future plus that I am having first day of college tomorrow already, I would like to announce the birth of "WE WILL BUILD A KINDERGARTEN" blog. On this blog, I think I would include my thoughts on very basic economics as well as business concepts that I am learning in my college. Aside from this first ray of decision, I predict that many things will come. But don't worry about disorganization! Things will not mess-up here because I will catergorize them excellently.
Thanks for visiting our blog! Remember: WE WILL BUILD A KINDERGARTEN! Please if you are passionate about any of my ideas, don't hesitate to discuss it with me here or contact me at takethetoutofcant@gmail.com or facebook me at jenniphoviet@facebook.com I believe ideas connect people and so I hope to meet you, talk to you about the ideas we have, the stars we share and the hope we nurture.
Sincerely,
Jennifer Vu Minh Huong
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