Entrepreneurship and Leadership

Classwork (Execute this Classwork in a "Hoja de Papel Ministro" ) 1)   Summarise the video in a graphic organizer  https://www.youtube.com/watch?v=4sGEtZcLdx8&ab_channel=BrotherRhoton 2. With the words described below, write the definition of each one of them. After knowing their meaning make 1 sentence with each word.

 https://www.youtube.com/watch?v=4o6v0XIylzA&ab_channel=Educationleaves  Create a production procedure for a product. Choose a product, something that you know how to make and create a production procedure ( step-by-step list ) for it, remember the procedure must be in detailed. Also, you will create a  list of all the materials or ingredients, machinery, equipment that you need. General Ice Cream Processing Steps Blend Ingredients Pasteurize Mix Homogenize Age Mix Add Liquid Flavors and Colors Freeze Add Fruits, Nuts, and Bulky Flavorings Package Harden Example of receiving a Sales Order  

 The majority of productive entrepreneurships, when accounting for their financial transactions, tend to accumulate records in accounts such as: cash, banks, accounts receivable, inventory, fixed assets, depreciation, accounts payable, capital, income, costs and expenses. These accounts belong to the main accounts such as: assets, liabilities, equity, income, costs and expenses. Plan of financial account of a business When the entrepreneur decides to permanently record the financial movements of the business, it is important to structure, in first place, a list followed by its definition of the financial accounts involved. This practice is very useful since the person in charge of keeping the business accounting, finds within the plan of financial account the qualifying group frame. Here are located the accounts that have a direct connection with the financial movement that will be registered. Here we have an example of the plan of financial accounts: Framework reference account:...

  Measures of Center in Numerical Data The measures of center used to analyze data obtained from a market research are: Mean, median and mode.   Mean : It’s the “average” number, found by adding all data points and dividing it by the number of data points. For example, the mean of: 3, 4, 6, 7, 1, 9, 8, 2 = (3+4+6+7+1+9+8+2)/8  = 40/8  = 5   Median : It’s the middle number, found by ordering all data points and picking out the one in the middle. (If there are two middle numbers, you take the mean (average) of those two numbers. For example, the median of: 150, 200, 175, 160, 220, 125, 195 125, 150, 160,  175 , 195, 200, 220 11, 26, 31, 15, 45, 35, 60, 54  11, 15, 26, 31, 35, 45, 54, 60 (31+35)/2 33   Mode:  It’s the most frequent number, that is the number that appears the highest number of times. For example, the mode of: 0.20, 0.25, 0.20, 0.15, 0.20, 0.25, 0.18, 0.20 0.20   Exercises:  Calculate the mean, median and mode of the fol...

 From the following data, choose the correct graph to represent the data. 1. This information belongs to the monthly sales of laptops from a local business called PC Richards. 2. This information belongs to the range of ages from customers of the local business called Toy's R us. 3. This information belongs to the sales of the first semester of the local bakery. 4. This information belongs to the inventory of a local shoe store called Famous Feet. 5. The following information belongs to the sales of the first semester of the year for diapers in the local store Diaper land. 6. This information belongs to the sales of the second semester of the year for pencils in the local store Pencil Fan.

  Variations in asset accounts : On the basis of the double-entry principle, any increase in an account - considered as an asset - must be registered on the debit, on the other hand, when it means a decrease, it but be registered of the credit. In the example of pizza restaurant, the purchase of an oven, the account involved could be equipment, since it's classified as an active it increases it value and it is registered in the debit ($5500). If in the future the oven was sold, it means a decrease in the asset account and an amount in the credit. Variations in the liability accounts:  In what has to do with the accounts grouped under the framework concept of liabilities, considering again the double-entry principle, all increases in in these financial accounts must be registered in the credit, while the decreases in the debit. In the example of a shoe store, when a payment is done to a financial institution for a credit, this decreases the loan it must be registered in the deb...

https://www.youtube.com/watch?v=rllw15xkmUU&t=141s&ab_channel=DrNic%27sMathsandStats  Traditional Graphs used to present results The most common graphs used to expose the results obtained from a market research are pie chart, trend chart and frequency histogram.  Pie chart This graph is used to show the participation of the different elements that integrate the behavior of a variable. For example, if it has been known that 56% of the possible consumers are male and the 44% left are female  Trend/Line chart The trend chart can help the entrepreneur to visualize the historical behavior of a variable. For example, this graph can be used if the sales of a product are known. The following graph shows the monthly sales of goods and services for a year. Frequency histogram / Bar graph  This is a graph of vertical bars in which, the values of the variable are represented over the X axis and the absolute or relative frequencies of the values over the Y axis. The follo...