Imagine building a Lego castle. You can add bricks one by one (organic growth), or buy a pre-built tower (inorganic growth). You can build taller by adding more floors to your castle (vertical growth) or wider by building more rooms (horizontal growth). Confused? Don’t worry, Amazon started with just books but now sells everything from groceries to cloud services. This is an example of both vertical and horizontal growth. We’ll break down these concepts with visuals and real-world examples in this 83 slide lesson. We’ll also explore how big companies combine forces to achieve even greater growth. Conglomerates are companies that own a variety of unrelated businesses, while strategic alliances are partnerships between two or more companies. By the end, you’ll have a solid understanding of business growth and be able to analyze how different companies have expanded their operations. Business Economics Playground

In a nutshell, this 52 PESTLE-E lesson is about the economy and how the government plays a key role in shaping it. The government uses tools like fiscal and monetary policy to achieve goals like low inflation, high growth, and low unemployment. These policies can have a significant impact on businesses, so understanding them is essential for making informed decisions. Business Economics Playground

"All materials not originally created by Michelle O Looney are used with permission or under fair use guidelines.¨ Action-packed lessons: Forget dry lectures, these engaging activities (think props, games, and even a space adventure!) will have students clamoring for more. Catchy titles: Each lesson boasts a title that sparks curiosity and sets the tone for the learning journey. Crystal-clear learning objectives: Students know exactly what they’ll achieve by the end of each session. Engagement for all: This resource caters to different learning styles, ensuring no student gets left behind. The best part? You don’t need to scour the internet for hours. This comprehensive scheme of work has it all, meticulously researched and ready to use. Business Economics Playground

This 24-slide adventure takes you through the world of economic building blocks! Watch a cool video, meet the CELL (yes, that’s right, CELL!) of economic factors, and discover how they move and groove in the economy. Get ready to think critically and become a factor pro! Business Economics Playground

This effective 15-slide resource brings the Production Possibility Curve (PPC) to life. With clear explanations and a fun fan and plane activity, students will grasp the concept effortlessly. The resource includes key definitions, a handy Q2CELL memory aid for shifters of the PPC. Business Economics Playground

Supply Stretch is a dynamic 17-slide presentation that delves into the world of price elasticity of supply. This resource equips students with the knowledge to understand how responsive producers are to price changes. With a handy PSSST memory aid to master the factors affecting PES students will become supply elasticity experts in no time. Business Economics Playground

In this 54 slide introductory lesson, we delve into the dynamic world of entrepreneurship. We explore the multifaceted role of the entrepreneur, their unique characteristics, and the significance of enterprise in our society. We uncover the art of adding value to products and services, and the indispensable role of a business plan in navigating the treacherous waters of success and failure. Along the way, we introduce a plethora of new terms and concepts, ensuring a solid foundation for your future studies. Remember to refer to the six business concepts throughout the lesson the journey of entrepreneurship (enterprise) is filled with decision-making, but with a dash of innovation, strategic thinking, and a willingness to embrace change, you’ll be well-equipped to embark on your own entrepreneurial adventure. Don´t forget context Business Economics Playground

This resource is a market failure party! It’s got everything to make learning fun: a slide show (29 slides) packed with info, engaging activities like turning into art critics and solving public good puzzles, and even a memory trick to remember all the market failure drama. Get ready to dive into the crazy world of economics! Clear learning objectives A lot of opportunities for elicitation Optional starter activity also. Hope you enjoy. Business Economics Playground

Supply Spectacular! This 33-slide lesson is all about how much stuff businesses are willing to make. Building on your demand knowledge, you’ll explore the law of supply, see how things like costs and technology can shift the supply curve (remember that handy TWICS acronym!), and even get a taste of real-world economics with some cool reading material. Get ready to become a supply side superstar! I have also thrown in a starter retrieval activity. Business Economics Playground

This dynamic 28-slide lesson dives deep into the world of price elasticity of demand. Starting with a fun review of demand and supply, it guides students through the concept of PED, using a catchy memory aid to crack the formula (Queue before you Pay)and to to remember the factors determining PED (SPLAT!) Interactive elements and a practice exam question ensure students master the bend and flex of demand curves. Get ready to make PED perfectly clear! A worksheet is also included. Business Economics Playground

This 25-slide presentation delves into the fascinating world of resource allocation in a market economy. Building on the foundation of previous lessons it focuses on the price mechanism as the driving force behind resource distribution. With clear learning objectives and a helpful (ARSI) memory aid, students will gain a deep understanding of how prices influence production, consumption, and resource allocation. Engaging lesson and opportunities to challenge their thinking ensure a dynamic and informative learning experience. I have also included another economic system activity if you choose to use it. Business Economics Playground

This 29-slide lesson is your secret decoder ring to the world of economics. Uncover the mystery of scarcity, dive deep into needs versus wants, and meet the famous CELL gang (you’ll thank me later!). Building on what you already know, this presentation is your guide to cracking the economic code and understanding why choices matter. Business Economics Playground

In this 62 slide engaging lesson, we’ll dive into the world of PESTLE, the external factors that shape businesses. We’ll define, discuss, and explore real-world examples of each factor, from political policies to technological advancements. By the end, you’ll have a solid understanding of how these forces can impact a business’s success or failure. So, let’s crack open the PESTLE code! Please note the Economic factor is examined independently and is another exciting lesson coming soon. Please also check out the free PESTLE template you can give your students.

In this 34 slide lesson students dive headfirst into the world of stakeholders, learning that they’re like the people who have a stake in the company—from shareholders to customers and even the environment. They explore the different types, like internal and external stakeholders, and how they can sometimes clash like rival superheroes. The lesson also covers the power/interest grid, a handy tool to figure out who’s got the most clout and care. To make it even more fun, students watch a video and act out their own stakeholder dramas, putting their newfound knowledge to the test. Business Economics Playground

In this lesson 58 slide lesson, students will delve into the world of business objectives. They’ll learn the difference between aims (general goals) and objectives (specific, measurable targets). Imagine a business as a ship. The captain’s aim is to sail the seven seas. But to do that, he needs objectives: a specific destination, a timetable, and a crew that knows where they’re going. That’s where management by objectives comes in. We’ll also dive into the different goals businesses have. Some are all about making tons of money, while others want to save the planet. It’s like choosing between treasure or a hug. Business Economics Playground

So, you wanna start a business? Great! But first, let’s get this whole “liability” thing straight not to mention all the different types of businesses you can choose to set up. talk business. You’ve got your sole proprietorships, partnerships (general and limited) and corporations. Each has its pros and cons – think taxes, ownership, and liability. This 90 slide lesson explains all of these concepts very effectively, with very god examples and visuals. Business Economics Playground

So, you’ve got a company, right? And you’re wondering how to structure it without turning it into a bureaucratic nightmare? This 53-slide lesson is your guide. It’s like a corporate Jenga game, but without the risk of losing everything. We’ll talk about tall, flat, matrix, functional, and divisional structures. Imagine your company as a pyramid, a pancake, a grid, a silo, and a bunch of mini-companies. And don’t worry, we’ll also cover the boring stuff like accountability, delegation, and delayering. It’s basically like watching paint dry, but with slides and a touch of humor. Business Economics Playground

This role-play immerses students in the high-stakes world of labor negotiations. By taking on the roles of workers and management at Spaceboys plc, students experience firsthand the challenges of balancing employee demands with company profitability. It’s a dynamic way to understand the complexities of trade union work and the art of compromise. Please enjoy! All materials not originally created by Michelle O Looney are used with permission or under fair use guidelines. BizEconHub

This resource is a quick and engaging retrieval starter on Year 10 microeconomics involves a simple randomizer: students pick a number between 1 and 8, and each number corresponds to a different microeconomics question. You could then ask students to create their own on a specific topic to act as a starter for the next lesson. You could also expand on responses for extra challenge. BizEconHub

Economies and diseconomies of scale can be real head-scratchers for students. To help them untangle these tricky concepts, a well-structured worksheet can really help to organise thinking. Memory Aids Economies of Scale (E.O.S)- Paul Makes Fiona The Rice Diseconomies of Scale: 3Cs and a T BizEconHub