Business & Entrepreneurship
What is the business structure that consists of One (1) person running and owning a business?
Sole Trader
What is a salary?
A salary is a fixed amount of money that a employee earns over a set period of time.
What is the name of the person who created Mickey Mouse and founded Disney?
Walt Disney
True or False - Lake Mulwala was man-made
True
Match the Humanities area to the term that we learnt about it in:
- History
- Geography
- Civics and Citizenship
- Economics & Business
Term 1 - Civics & Citizenship Term 2 - History
Term 3 - Geography Term 4 - Economics & Business
Explain - What is a 'Target Market'?
The group of customers a business aims to sell to (e.g. children).
What gets deducted (taken away) from your gross pay to get your net pay?
Tax
What is the name of the forgetful blue fish who helps Marlin in Finding Nemo?
Dory
Name at least five (5) coffee shops in Yarrawonga/Mulwala
Tame
Thyme for Coffee
Four Winds
Lake Mulwala Bakery
Max's on the Lake
Jacyees
Describe the two assessment tasks that we have completed in Humanities this term.
Glossary Task
Financial Literacy activities
What strategies do businesses use to stay competitive?
Competitive pricing
Unique products
Seeking growth opportunities
Rewards systems
Give three tips that you could use to avoid being scammed when signing up for a service.
Read the fine print
Ask questions
Compare prices of similar products/services
Name the Inside Out character emotions in the first movie.
Joy
Sadness
Anger
Fear
Disgust
What is one of the main work industries that Yarrawonga is known for?
Industrial work (Thales, etc)
Farmining
How many classes has Miss Moore been away for this term? (e.g. camp)
8C - 2
List 5 traits that a successful entrepreneur may have.
Risk taking
Resilience
Passion
Forward thinking + planning (Organisation!)
Patience
What are two advantages of renting a house instead of buying a house?
Not responsible for maintenance
Freedom of movement (not locked in for long periods of time)
Less financial commitment (no mortgage required)
“I’ll make a ____ out of you.”
Finish the lyric AND name the movie
Movie - Mulan
Lyric - "I'll make a MAN out of you"
What does the name 'Yarrawonga' mean?
Yarra - Water running over rocks
Wonga - Pigeon
How many students in this class have 100% attendance this term?
(As of 26th of November - Week 8))
8C - zero (0) students
8A - zero (0) students
Name ONE example of an item that has elastic demand when prices rise. Explain why...
Name ONE example of an item that has inelastic demand when prices rise. Explain why...
Insulin for diabetics -> inelastic demand because it is a need. People living with diabetes will continue to buy this product despite prices rising (demand stays the same).
Netflix subscription -> elastic demand because it is a want. Not as many people will buy this service if the prices go up.
Calculate the tax that you would need to pay if you earnt $63,000 in a year using the Australian tax table.
Tax = $4288 + 5400
= $9,688
What is the name of the city outside of Los Angeles (USA) that is home to 'Disney Land'?
Anaheim
What year was Yarrawonga 'founded'?
(created)
1868
How many Humanities lessons have we had this term?
(Weeks 1 to 8)
*Not including this lesson
*Think about Assembly, Pupil Free Days, etc
22 lessons