Answers

1. There has been debate over if this movie is genuine or a "mockumentary". What do you think? If it was a mockumentary - why would Bansky do this?
Mockumentary is a type of film or television show in which fictitious events are presented in documentary format. I think mockumentary, because they want what they think to let people see. 


2. What do you think the street artists are trying to get across to the public with their graffiti?
How can you tell they were effective?
Because they are street artist, they want to send out the message that they want people to know by their arts. 

3. What do you think that Mr. Brain Wash was trying to get across to the public with his art? Was he effective?

4. What do you see as the key differences between the street artists work and MBW's work?
MBW's work have a message that is different than street artist. Street artists are just their interested in graffitis, and MBW was like have a message that's being sent out from his art. 

5. At the end of the show lots of people showed up to the art show.  Why the long line? What brought so many people together?
The message that they sent out from their art brought many people together, the people who were there know the meaning of the street art (graffiti).

6. Graffiti: Is it art or vandalism? How would you react to someone painting on your wall? What similarities do you see between graffiti and guerilla marketing? Where is the line for Shepard Fairey or Banksy, when they move from making art against the mainstream machines into making money off of their art from the mainstream machines? Did they sell out or did they achieve success?
I think it is vandalism. IF someone painted on my wall, I don't mind, but like they didn't at for my permission to paint on my wall, I'll won't be nice as well. The similarities between these two are they cost less money, buy earn more money. 

Opening activity for Day71

1. PSP $299.99
2. PS3 $299.99
3. XBox 360 $299.99
4. Wii $250

5. IPod touch $199.99 

6. Nintendo 3DS   $169.99

7. Barbie Doll $24.37
8. Guitar $22.47
9. Monopoly $19.97

10. Teddy bear $14.97

Opening activity for Day70

Write a list of places you like to eat. Take me on a restaurant website photo tour of your favourite spots. Top ten sites.
1. Sanaka Grill - I love their sushis, I go there every month http://www.sakanagrill.ca/

2. A&W - I love their fries and Chubby chickens http://www.aw.ca/

3. McDonalds - I love their Chicken McNuggets        http://www.mcdonalds.ca/ca/en.html

4. HOME cooking - I love the chicken wings my mom make NO WEBSITE


5. School's cafeteria -  NO WEBSITE


6. KFC - CHICKENS  http://www.kfc.ca/home/en/index.html

7. T&T Bubblicious - bubble tea NO WEBSITE 


8. Forbidden City - at T&T NO WEBSITE


9. Tim Hortons - Ice Cap and donuts     http://www.timhortons.com/ca/en/index.html

10. SUMO sushi - hummmm... SUSHI     NO WEBSITE

Market analysis

Opening activity for Day67

The section I picked from the Calgary Herald is merchandise for sale. IF I want a 28 days "Essential" Merchandise Package, it is for $100, on paper and online. 14 days "Pro" Merchandise Package for $60, on paper and online. 7 days "Pure" Merchandise Package for $40, on paper and online. AND 14 day is for FREE, on paper and online. I am going to sell JEWELRIES.

Opening actitivity for Day65

Autocratic Leadership - all decision-making powers are centralized in the leader
Laissez-Faire Leadership - a free-rein leader does not lead, but leave the group entirely to itself 
Democratic Leadership - decision-making by the group
I think if I'm managing a store, and an employee who constantly late for work, and unmotivated when they are at work, what I will do first is ask them if they have any problem, or is there something happen to him/her. I will use both Laissez-Faire and Democratic leadership because I want to leave the group like what it is, but make decision for the group sometimes. 

Opening activity for Day64

Customer service is the provision of service to customers before, during and after a purchase. I think customer service is important because if we have a bad customer service, customers won't buy our product, and maybe they will tell other customers to not to buy our product, because we have a bad customer service. IF we have a good customer service, customers will buy our product, and tell others to buy our product, and tell them we have good customer service, and they will buy other product.

What I learn from Stanley's video

The video talked about engagement, every employees sees themselves in a active participate in the business, they can make decisions, they can be involve in those decision, and they are powered to decided which way they want to move. Leadership, someone who stand back and get supports to the front line, and the ability to be engage those decisions. Visible leadership is very important to all the levels. If they want leaders to model certain behaviors, they have be good at modeling that for them. Leading doesn't mean the decisions and the powered always come from the top. Those decisions were made on the top, and the rest of the organization were excused. West jet, a lot of the decisions comes from the bottom, but not to lead the change, and dis- support them. The important of cultural, hot it fits to run a successful business. How you get there, how culture help you get there is what important.

Opening activity for Day63

What physic taught me about marketing


Newtons law
force= mass x acceleration
The more massive a brand, the more baggage is has. The more force is needed to change the positioning.
you cannot prove a hypothesis through observation. you can only disprove it
In science, marketing is getting easier. In physic, you can never measure the accurate or exact particles, because the observation change it. In marketing, we can try to measure what customers actually do. 
entropy was a measure of the disorder of a system will always increase. You can't fight it, so embrace it, and find a way to work with it. 

radio ad

Opening activity for Day62

The 4Ps:

Place - where we sell the product

Promote - how we make people buy the product

Price - how much the product cost

Product - what are we selling

The AIDA:

attention — attract customer's attention

interest — raise customer's interest 

desire — convince people to buy the product

action — lead customers to buy the product

Part 2:
Poster #1:
Poster is informative: 2pts
Spelling and Grammar: 3pts
Neatness: 3pts
AIDA: 2pts
Pictures/Graphic: 3pts
Total: 13pts/15pts

Poster #2:

Poster is informative: 2pts

Spelling and Grammar: 3pts

Neatness: 2pts

AIDA: 2pts

Pictures/Graphic: 3pts

Total: 12pts/15pts

Poster #3:

Poster is informative: 3pts

Spelling and Grammar: 3pts

Neatness: 3pts

AIDA: 3pts

Pictures/Graphic: 3pts

Total: 15pts/15pts

Opening activity for Day61

I think food is going to generate and most profit for the store because I had bought candies there, the price is cheap, the foods are healthy. I looked at the Inventory worksheet, all the items that are sold were the food. And other categories haven't been sold much as the food on the sheet. And I think many people love to eat gum, and they sold gum in the store, so I think the food will be sold the best.

Opening activity for Day59

Opening activity for Day58

1. sell the sweater for a cheaper price
2. target people who wants to buy a sweater at a well-know store, but they can't afford it, because it's too expensive
3. target people who are rich, because they don't care about money
4. target people who want to be special, because it's a special sweater 
5. buy one get a present

visual ad. slide

2nd weekly balance sheet

Class Notes

Q1: what percentage of revenue comes from advertising and marketing. 100% TV, newspaper 80%, magazines 60%
Q2: who r we marketing to? Largest is Young women between age 12-24
Q3: women spent billions of things.  old women want 5 years younger, and young women want 5 years older
Clients , ad agence, media bais (Only the FB group are touching on the media)
*Ad techniques
1) Avante garde
2
 

Opening activity for Day51

 I disagree with the first statement because i think not many people will bring cash out, everyone bring visa cards, or master cards ect.. Even though the price is cheaper, people don't bring cash, if they want to buy it, they can't buy it, because it's cash only. 
I disagree with the second statement because if i can't pay for something, and that doesn't mean I can't afford it, just i can't afford it right now, but maybe u can afford it later, but not right now.
I agree with statement 3 & 4 because i think people really need credits to do somethings, people should use it, but don't have to be a lot. What if people need to buy a huge thing, and they don't have the credits from the bank. So i think people should start get use to the credits. 

weekly balance sheet

Opening activity for Day49

Managers engage in 5 primary activities- 
1. Planning - Management
2. Organizing - the process of bringing things together physically
3. Staffing - Manning the organization structure and keeping it manned
4. Leading (Directing) - influences other people, desired direction for the people
5. Controlling - measure accomplishment against the organization
1. Describe functions 1,2,4 and 5. In two sentences. 
It's basically management, organize, and goal2. What are the advantages and disadvantages of participative planning? 
Advantages: plan out everything that's needed, know what to do, not messing up
Disadvantages: sometimes planning is not fast as changes, may mess up the plan

Opening activity for Day48

Thanks for asking how we are doing. We do well. It's going good. People motivating me by telling me I'm going to do well, don't give up this thing, and you can do well. I think if someone got higher mark than me in math, and that will motivate me because I'm good at math, and I don't let someone get a higher mark than me, I can't leave that person get a higher mark than me every time, that motivates me. I can se this in my work because I can treat this like a math competition, motivates myself.   

Opening activity for Day47

Some of the Apple Ipods is in the decline stage of it is life cycle. I think it is in decline stage of it's life stage because the technology is getting newer, newer, and newer. As the technology is getting newer, company starts competing on newer technology, and people started catching up on newer technology, and people are getting use of the new technologies, and the old ones people don't use them anymore, so their market is declining, and most of the people want new technologies. If not, why there are so many people waiting in the line for a brand new product of Apple.

Opening activity for Day46

I like how we can put whatever picture we want to put on the yearbook page. I think it's different because we worked on our own yearbook, we can put as many as picture we want, I can see ourselves in the yearbook, and I have fun with making my own yearbook. This product appeals to everyone who what their own yearbook, and they can decorate themselves, and having fun with picking picture out from computer or whatever they put their pictures on. Because I try it, and I think it's good, I would like show people how i work on it, and what I've done, and tell people to try it first, if they don't like it, they don't have to buy it, just having fun making their own "personal yearbook pages"

Opening activity for Day45

Print advertising (newspaper, magazines...), outdoor advertising (billboards, events...), broadcast advertising (TV, radio, and internet), covert advertising (advertising in movies), surrogate advertising (advertising indirectly), public service advertising (advertising for social causes), and celebrity advertising.
I like how they advertise the twilight sega: Breaking Dawn Part 1. I like how the marketers market the people to watch the Breaking Dawn because I think many people had watch the movies that came before the Breaking Dawn, and people don't feel like reading the book, and they choose to watch the movie. For me, I don't like to read novels, so they make the movies is actually better, because in 2 hours, and it explains all the things in the novel. I think many people would like to watch it because the Twilight Sega is popular, and famous  because Stephanie Mayer wrote these 4 excellent book, and the director make 4 excellent movies too. 
 good ad.   bad ad. not making sense. 

Opening activity for Day44

Guerilla Marketing is to create a unique, engaging and thought-provoking concept to generate buzz, and consequently turn viral. (from Wikipedia). I like the Fast Lane idea because I think many customers buy a product first on the impression of the product, id the product catches customers' eyes, and customers will buy the product. For the Fast Lane idea, i really like it because that really caught customer's attention to it, and customers are having fun with it. 

Opening activity for Day43

Generation Y is the demographic cohort following Generation X. I think the video we just watched about the generation Y is all about media, text messaging, is like all about  techniques. And i think the quiz i did shows how we doing so far on our business, and it gives us a hint to what we should do following. And the quiz gives us more information about what we should do, we think our business going to work, and what we need to improve on. 

PPT

PPT is on Tina's bloooog ^.<

Opening activity for Day42

I think the story in trying to tell us many things. At first, the customer service is bad, because in a summer, with a burning sun, there's no air conditioning in the store, and like 1,000 customers. And in the cab, when u walk in, is cold in there, a normal air conditioning, and a box of ice in front over there, and a box of candies, you can take how many you want. And the cab driver have a good services because he ask if customers are not hurry, he's going to do the speed limit. Sooo cuuute. And the cab driver talks to the customers, have a good relationship of the customers, make their day not to be boring. 

Opening activity for Day40

Solvent - able to meet debts or discharge liabilities. I don't think it is possible for a business to be solvent but not profitable, because to open up a company, the main thing people open up a business is to make a profit, either it's for charities, or for your own, you are still making profits, but if you are not making profits, you shouldn't open a business.

Opening activity for Day39

2) - Cash - A current asset account which includes currency, coins, checking accounts, and undeposited checks received from customers.

    - Petty Cash - A current asset account that represents an amount of cash for making small disbursements for postage due, supplies, etc.

    - Temporary Investments - A current asset account which contains the amount of investments that can and will be sold in the near future.

    - Accounts Receivable - net - The combined amount of the debit balance in the current asset account Accounts Receivable and the credit balance in the contra asset account Allowance for Doubtful Accounts. 

    - Inventory - A current asset whose ending balance should report the cost of a merchandiser's products awaiting to be sold.

3) assets = liability + equity 

4) the earning is the equity

Quiz

Opening activity for Day37

An accountant do keep money in a safe place, and keep track of where the money come from, or where the money goes. An accountants needs to be good at mathematics, and they have to have a clean record, because many companies only give the accountant spot to the person that the boss trust. If the person who's doing the accounting job that the have a bad record, the person will probably took all the money. Some related careers are Accounting Manager/Supervisor, Assistant Controller, Bookkeeper, Clerk, Controller...

Opening activity for Day 35

I don't watch TV a lot, and I don't really pay attention to the advertisements. My favourite store is BestBuy. I like it because I like to walk around and looking at phones, laptops, desktops, and other electronics. And i can check the prices of some products that are on sale, sooo I can get my parents to buy it for me. I like to drink Sprite, and coke, because i think they are taste good, and Sprite can be use to mix with wine.

Opening activity for Day34

I think we work on separating the work, because we separate the work for people by what they are good at for this project, we have good teamwork, we get people jobs by what their strong at and ya. I think we can do better when our group members are all here, and we can discuss some questions together. And like we can work better with our team. I encourage others to work better by encourage them to work well, discuss the question with others, good team work, and positive attitudes.

Opening activity for Day 24

I think that many things could cause businesses end up with a bad reputation, or some problems with the person who owns the businesses. I think the first thing that could cause a business end up with a bad reputation because the person who owns the business have a bad personality, or a bad reputation about the person. For example, a person smokes cigarettes, drink lots of alcohol, and like don't care about the business, have a bad reputation, consumers are not going to buy products from he's business, because people like to buy products that have a nice boss, with a good reputation. =)

Opening activity for Day31

I think his idea was amazing, because we can save more energy, and we can save more natural resources. If we have a non-destroy energy, we help our planet, there's not gonna be many wastes from those energy, there's like less chemicals in our environment, and we can save our planet. And I think his ideas was amazing because we all want to live in a healthy environment, and i think if we have these kind of energy, we will have a way more better environment to live in.

Opening activity for Day30

I think he meant that don't let someone or something tell you to do something, don't let something control you. Believe in yourself what's right, not your sense of moral tells you what's right or not. To believe yourself is better than just your sense of moral. Do something you think what's the right. Don't let some other thing to control you, you have your own thinking. Trust yourself, and believe yourself.

Opening activity for Day29

1. I will do it sometimes, but most of the time, i will work on them, but i have an expectation, my expectation is they have to know how to do it, but they just don't have the time to do it, or they feel lazy. I have to make sure they know how to do it, so they won't fail their exams. 2. I won't buy it, because the discount price is down, why do i need to by a IPod when it's not for sale, that's stupid. 3. If the teller miss counting, I will give it back, because it's not mine. But if they just want it back for no reason, I'M NOT GOING TO GIVE IT BACK. Because it's my money now. HAHAHAHAHAHHAHAHAHHAHA LOLOLOLOLOLOLOLOLOLLOLO

Opening Activity for Day28

I think cigarettes are unethical, because i think it's bad for people that smoke it. People smoke them because they think it's fun to smoke cigarettes, but i think the people who produce the cigarettes are like bad person. They want to make money, but they sold cigarettes that make cause people death, or cause people ill (such as lung cancer...). The cigarettes are unethical, because they make people get sick, and can't get rid off it.

The Inside Job

The Inside Job PPT

Opening activity for Day27

I think this is similar to what happened to the Wall-street. And now it affects the students. Like they said “We don’t want to live in an economic system where compassion isn’t factored into the equation.” No one wants to live in an economic system where compassion isn't factored into the equation. We all want live in a beautiful, no unfair treating, no financial problems, everyone are EQUAL, and everyone in the world is a big family. WE ARE A BIG FAMILY, so we don't want am economic system around us. 

Career Fair

1. StMary University - $600/ class, exact $50 for labs
come to fair and visit high school
2. Quest University - $27,000 per year
private school, brand new, target people who don't know what to do
3. Providence University in Manitoba - private Christian school, $12000 per year ask students who are interested
4. Dalhouse University - $16,000 per year, target people by ads.
5. Devry - business& technology, niche school, $6,700 per semester, advertising by activities, channels,  online

Opening activity for Day25

NOURIEL ROUBIN
Professor, NYU Business School
He's an American economist. He receives his Ph.D international economics from Harvard University in 1988. He's an U.S. citizen, he speaks English, Persian, Italian, and Hebrew. He's teaching at Yale in New York City. For some people, he's the model of a great intellectual. He's a writer, he wrote several books. He's interested researching policies and the economics. HE refer himself as a "global nomad", and says, "You can be sitting still surfing the Internet, and experience other worlds, ideas and societies..." He saves from his income. 

Opening activity for Day24

I think it's good, I agree with it. I agree with it because I think the people that are the 1%, they should share some of their money, even though they work hard. I think that every person is warm-hearted, no people want to see other are dying to want money to live. I think it become more popular because many of the warm-hearted people agree with it, and people want to help the poor people to survive, and we all have enough to help themselves.

Opening activity for Day23

Who is Occupy Wall street about? Answer: People losing jobs. 
What happened? Answer: People are kind of on strike, they are making a point
Where did it take place? Answer: Wall street, everywhere 
When did it take place? Answer: September 17th
Why did it happen? Answer: People think that Wall street people have lots of money as far as they go, and poor people lost their jobs.
How did it happen? Answer: The top 1% of the US population is gaining 27 million per year. 

Secret of success in 8 words

1. Passion - you do it for something you love, NOT money
2. Work - Fun work, and work hard
3. Good - There's not magic, just need to practice, practice, and practice
4. Focus - just focus on yourself with one thing
5. Push - push yourself, just pus, push, and push
6. Serve - got to serve others something for value
7. Ideas - gives evidences, it's just something simple to do
8. Persist - got to persist through failure, crap...

Opening activity for Day 21

1. Advertisements in my world is like nothing, it don't affect to me. It don't affect to me because I think advertisements is a tool that people sell their product, they say the product how good how good on the ads., but I think that's not the truth, I think that's not really how good the product is, sooooo it won't affects me.
2. I think a good advertisement will make lots of money, because they do good on advertising, and good on their product. For example, the Apple Company do good on their advertising on their electronic products, such as IPhones, and IPods, ect..

3. Here's a bad advertisement. I think a bad advertisement is the ad. don't catch people's eyes. I think that's the big problem.

Opening activity for Day 20

1. Why do you want to achieve your business goal? Answer: Achieving our goals makes us to be more successful, and it makes us to be stronger.

2. Is the business goal energizing?  Answer: Yes, because it makes us want to work,  it makes us want to work harder, it makes us want to be successful, and be proud of ourselves. 

3. What will it look like when you get there?  Answer: It will look awesome, because we work hard to achieve our goals.

JObs

Opening activity for Day19

• Motivate employees.
• If the employees do good on something, reward them, so they will work harder.
• Don't make employees stress out, give them more time.
• In order to make people work for you, you need to have a good manner, and a good personality.
• Be patient. 

Opening activity for Day 17

Yes, I think her facts are correct, because I think women have too much work to do, and men are just doing what they do. I think the world will change if women have more leadership roles, because women works twice or triple more work than men, women work way more harder. Women have to do their work and house work. What about the men? The finish their work, just watch soccer games, or play games, they don't care about house work. The laziness of men are higher than women.

Opening activity for Day 16

• The name of our company should be the key elements of our business. 
• A name that consumers can understand and related to. 
• A name that tells about the business.
• A name of a company helps promote the product.
• A name is meaningful that helps consumers to recognize it immediately.

Our company name is called the JASTS Flowers, i think our name is easy to recognize because our JASTS only have five letters, we come up with the JASTS from our five members initials. J stands for Jessica, A stands for Anna, S stands for Sarah. which is me, T stands for Tina, and the other S stands for Synthia.

Opening activity for Day15

1. How will you do your bookkeeping? Can you use a template or software program? Name the program you intend to use. Answer: Bookkeeping should be done on a monthly basic along with Management Accounts, so they are always up to date, and KEEEEP IT SAAAFE. 

2. Last class you projected cash flow for your assignment, what did you learn? Answer: Like if we didn't project cash flow and budgets, we don't know how many money we need, what's our goal, what do we need to spend on, or where we can can a cheaper price.

3. How will you ensure that you get paid on time? Answer: Appoint someone in the business to take charge of the credit control, send out invoice every month (make sure it's on time), reinforce my payment term and condition.

Product pricing

Company Name: JASTS

Product: Flowers

Incorportation cost: Should we incorporate?

Insurance Fees: None

Rental of facility, furniture, equipment: None

Marketing Support: None

Audit and Banking: None

Management Salaries: we'll split the money equally

Total Fixed Cost:  buying cost $17.00

Variable Costs: 10 x $1.50= $15.00 / 5x $1.50= $7.50 

Material: wrap it with wrapping paper  Quantity: GOOD Unit Cost: $1.50/$2.00  
Extended Cost: 17x $1.5= $25.5 /  17x $2=  $34

Total Raw Material Cost: $17.00+$8.00= $25.00

Add sales tax: $1.40x0.05%+$1.40= $1.50

Add 5% scrap and mistakes: $25x1.05%= $26.25

Adjusted cost: from $25to $26.25

Wages: (Total wages estimated to produce all costs): divide it up equally

Outsourcing: friends

(If you contact others to help)

Total Cost of goods produced: $20

Commission Totals:

Total Variable Costs: 

Opening activity for Day14

My competition's products are other flower shops, they are selling flowers. The price of my competition's products is around $2 .00/stem, and around $30-$50/bouquet. Their market their flowers buy the level of the flowers (Locally produce, different kinds of flowers), the shop layout (need to have a display the flowers, let people see them, a beautiful looking, bunch of flowers), and Internet sales (online flower delivery and floral wire services, customers can order flowers online as well as the telephone).

Group Project

Please go check Tina's bloooog http://b3aut1fulllll.blogspot.com/

Opening activity for Day 13

I learn that Mission Zero can help the company. The environment impact equation helps solving the problems, which the equation is I=P*A*T and then he changed the equation to I=P*A/T, which it increase the impact, which is a bad thing. He talked about increasing sales and double profits while turning the traditional take, make and waste, Mission Zero is a better business model, a better way to bigger profit.

surrrvey

people check this out =)http://www.surveymonkey.com/s/M538D3J

Opening activity for Day 12

Are we doing this with our group, or we are doing it by our own?

Survey Sample Question

Do you have allergy to flowers? Yes/No
If yes, what kind of flowers are you allergic to?

Opening activity for Day 10

ethical quiz

Opening activity for Day 9

Do marketing research first, find out the variety of customers would pay the money and get it to us to wrap their presents. Ask the customers what Christmas wrapping customers likes, or what wrapping paper customers likes. Or what candies customers like the most, what candies customers would like to buy the most. And like what kind of flowers customers likes. OR Who will buy it?

Opening activity for Day 8

I learn about every team members gets to express their opinions, every team members gets t do stuffs, and every team members work well with each others from the last 2 assignments. I do well on expressing my ideas, which is I don't like to talk a lot. I do well on supporting materials to the team, such as scissor, papers, ect.. It's important because I think it's good to express your ideas out, and like supporting supplies.

Opening activity for Day 7

They need to tell why they do the speech, why it's important to the speakers. The speakers need to strongly believe what they believe in to convince other people. Because if the speakers do not strongly believe what they believe in, maybe the speaker may probably change their believes, and don't have a strong point. Tell people what they believed in. Different people have different point of views, the speaker needs to have a strong point to convince different people for different purposes.

Day 6's open activity

If we have a unlimited cash, the businesses will be no longer stay. Because people have unlimited money, they can open up their own businesses, they don't have to buy your stuff, because they have money, they can make it themselves.

business quiz

Business

Profit is like a company makes money and the big cheque to the big boss. Costo is a profitable company.


Non-profit is like all the money company makes, goes to the charity. Wikimedia is a non-profit charitable organization in San Francisco, California, US.


Not-for-profit is like the money company makes, goes back to the company. The military museum is a not-for-profit company.


The difference between non-profit and not-for-profit is a non-profit company gives all their moneys to the charity, and a not-for-profit company use the money they earned back into the company.


You earned profits, and you want more money, you need to buy more materials, the materials cost money, and you'll use your money, and make it, and you'll earn more profits.


Maybe some people like it, and some people don't. It's good for our environment, it's a renewable energy. It's natural. It's way more expensive then oil. 


Advance to Boardwalk - It's similar to The Monoply. It's like you need to walk around the cardboard, buy houses, rent to other players, buy more and more houses, build hotels, and earn money for other players.