Welcome to Year 9 Enterprise!

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• Developing your current enterprise skills such as:

– Team working, communication and problem solving

• Enhancing your work related skills such as:

– Innovation (thinking of unique ideas), creativity, risk-management, risk taking, and developing a ‘can-do’ attitude

• Building on your previous experiences of being enterprising from Year 7 and 8

• Having fun!

• This morning’s theme is the London 2012 Olympics

• Tasks you will complete today include:

1. Olympic Quiz (team working skills)2. Mind mapping (organisation skills)3. Finance activity (money skills & financial

management)4. Location task (team work & problem solving

skills)5. Marketing task (creativity & imaginative skills)6. Olympic sculpture task (team work, creativity,

communication skills)

• The next task involves you working as a team

• There will be 20 questions over 2 rounds

• Round 1 tests your general Olympic knowledge

• Round 2 is the ‘guess the famous sporting face’ round

• You will get 10 seconds to answer before the next question comes up

• Answer on the team answer sheet provided

• Try not to let other teams hear your answers!!

a) 1776

b) 1906

c) 1656

d) 1896

1. In what year did the summer Olympic games begin?

2. Where was the Olympics held in summer 2000?

a) Barcelona

b) Munich

c) Sydney

d) Rome

3. When and where are the next winter Olympics?

a) Beijing 2008

b) Vancouver 2010

c) Salt Lake City 2008

d) Lillehammer 2010

4. How many athletes participated in the 1960 games in Rome?

a) 100

b) 400

c) 1000

5. How many events are there in the Summer Olympic games?

6. How many events are there at the Winter Olympic games?

7. Which summer Olympic sport does this icon represent?

8. True or false…

The ‘tug of war’ was once classed as an Olympic sport……….

9. What three components make up the triathlon?

a) 100m run, 3km swim, 20km bike ride

b) 1.5km swim, 40km bike ride, 10km run

c) 50km bike ride, 15km run, 800m swim

10. There are 4 disciplines in the ‘aquatics’ events…

List as many of the disciplines as you can….

Swimming is ONE discipline

What are the other 3???

1. Who is this former Olympic runner?

2. Who’s this?

3. Who’s this?

4. Who’s this?

5. Who’s this?

6. Who are these two?

7. Who’s this?

8. Who’s this?

9. Who’s this?

10. Who’s this?

Round 1

1. D – 18962. C – Sydney3. B - Vancouver 20104. B – 4005. B – 296. A – 77. Archery8. True9. B10. Diving, synchronised swimming,

water polo

14 points available for round 1

Round 2

1. Sebastian Coe – 1500m winner2. Michael Johnson – 200m & 400m

winner3. Michael Phelps – swimmer4. Matthew Pincent – rower5. Steven Redgrave – rower6. Jane Torvill & Chrostopher Dean7. H8. Mohammed Ali9. Andre Agassi10. Amir Khan

Round 1

1. D – 18962. C – Sydney3. B - Vancouver 20104. B – 4005. B – 296. A – 77. Archery8. True9. B10. Diving, synchronised

swimming, water polo

Round 2

1. Sebastian Coe – 1500m winner2. Michael Johnson – 200m &

400m winner3. Michael Phelps – swimmer4. Matthew Pincent – rower5. Steven Redgrave – rower6. Jane Torvill & Chrostopher

Dean7. H8. Mohammed Ali9. Andre Agassi10.Amir Khan

Round 1

1. D – 18962. C – Sydney3. B - Vancouver 20104. B – 4005. B – 296. A – 77. Archery8. True9. B10. Diving, synchronised

swimming, water polo

Round 2

1. Sebastian Coe – 1500m winner

2. Michael Johnson – 200m & 400m winner

3. Michael Phelps – swimmer4. Matthew Pincent – rower5. Steven Redgrave – rower6. Jane Torvill & Chrostopher

Dean7. Daley Thompson8. Mohammed Ali9. Andre Agassi10.Amir Khan

• Useful for:

– Brainstorming new ideas– Planning – stories and project work– Taking notes– Revision

• Are effective because….

– You use the whole brain– You use a visual and a kinaesthetic/ practical technique

which helps you learn better

• Imagine your team is in charge of designing the Olympic Park…

• As a group complete a mind map on A3 paper

• Make you mind map as detailed and a colourful as possible

• You can add any other ideas you have to your mind map in addition to those listed

• Use your imagination – what would you like to be in the Olympic Park?

Include the following topics on your team mind map:

1. Amenities needed in the Olympic park, e.g.

– Outlets for spectators & athletes

– Food & drink areas– Sporting mementos from the

Olympics & sport wear outlets

2. Types of sports that will take place in the main stadium

3. Sporting areas needed

4. Sporting equipment needed

You have 10 minutes to complete the task…

Imagine you are setting up a sports shop in the 2012 London Olympic Stadium…

TASK : Costs & Revenues

• Read through the ‘Cost and Revenues’ A3 sheet as a team

• You must think of as many potential costs and revenues as possible

• List these in the brainstorm boxes on your answer sheet. The more you think of the more points your team will receive…

• YOU HAVE 5 MINUTES TO COMPLETE THIS TASK

• You can gain bonus points for your team by working and communicating effectively

• What costs and revenues did your team think of…?

• Put your hand up to give 1 cost or revenue that your team thought of

• Points will be deducted if you shout out

• Your team receives 10 points for every correct cost or revenue

• Add up your points for the task

• Start up costs:

– Buying equipment (tills, shelving, display cabinets, computer equipment)

• Staffing costs – paying employees

• Stock purchases – buying all the sportswear and accessories

• Stationery purchases – till rolls, price stickers, pens, paper etc.

• Rent or mortgage payments

• Paying back any loans

• Paying suppliers (related to buying stock)

Revenues

• Money from selling merchandise in the shop

• Loans from the Bank

• Capital (money) from investors (owners or shareholders)

• Interest received from money in the Bank

Remember…

•10 points for every CORRECT cost or revenue

•Add up your score for the task

• Break even is a useful way for entrepreneurs to find out whether their business is going to be successful

• This chart uses estimates for the business’ costs and revenues in order to work out whether the business will make a profit or a loss.

• It also tells you how many customers or how many products you need to sell before you start making a profit.

TASK 1

• Fill in the 10 missing blanks in the break even table – you will need a calculator for this

• Use all the information provided to help you• Ensure you read the task introduction• Write on the sheet• 10 marks for the task

YOU HAVE 10 MINUTES TO COMPLETE THE TASK…

• Check your answers using the table below

• 1 mark for each correct answer

• Maximum of 10 marks for the task

Number of Customers Fixed costs Variable costs Total costs Revenue Profit

0 £400 £0 £400 £0 -£400

20 £400 £400 £800 £500 -£300

40 £400 £800 £1,200 £1,000 -£200

60 £400 £1,200 £1,600 £1,500 -£100

80 £400 £1,600 £2,000 £2,000 £0

100 £400 £2,000 £2,400 £2,500 £100

120 £400 £2,400 £2,800 £3,000 £200

140 £400 £2,800 £3,200 £3,500 £300

160 £400 £3,200 £3,600 £4,000 £400

180 £400 £3,600 £4,000 £4,500 £500

200 £400 £4,000 £4,400 £5,000 £600

TASK 2

• Turn over your laminated Break Even Task sheet

• Look at the break even chart

• This is what is produced from the table you filled in in TASK 1

• Answer questions 1 – 4 as a team

• Write your answers on the answer sheet provided

• YOU HAVE 5 MINUTES TO COMPLETE THE TASK

• There are 40 marks available for this task (10 marks per correct answer)

• What answer did you get for Qs1-4?

• Hands up to tell everyone what your team got

• Remember points will be deducted for shouting out….

1. How many products does the shop need to sell to break even?

– 80 products needed to break even

2. Approximately how much profit is made when 200 products are sold? Show your workings.

Break Even Chart for the Olympic Sports Shop

£1,000

£2,000

£3,000

£4,000

£5,000

£6,000

0 20 40 60 80 100 120 140 160 180 200

Number of products sold

Total costs

Revenue

Revenue at 200 products = £5,000

Total costs at 200 products = approx. £4,400

Profit at 200 products =

£5,000 – approx. £4,400

= approx. £600 profit

3. What would happen to the break even point if the selling price was to increase?

– Will it move to the right (meaning more products need to be sold to break even) or to the left (less products need to be sold to break even)?

ANSWER:– BREAK EVEN WILL MOVE TO THE LEFT– YOU NEED LESS SALES TO GENERATE MORE REVENUE

4. What effect will increasing the selling price have on the number of products sold?

– Will the shop sell more or less if price increases?

ANSWER:– IT MIGHT PUT CUSTOMERS OFF BUYING AS MANY PRODUCTS AS IT

MAY BE TOO EXPENSIVE (DECREASING DEMAND)– THE SHOP MIGHT SELL LESS IF PRICE INCREASES

• Is the Olympic site a ‘good’ location?

• Look at the maps provided showing an overview….

• Use the laminated resources and the answer sheet provided for this task

Location of the Olympic Park…

Using the maps provided…

• Pick out as many features that make this a ‘good’ location for the Olympics

• Work as a team and be as thorough as possible

• Answer on the answer sheet table provided

• Answer the following questions:

1. What features that surround Olympic location?

2. Do these features make London a ‘good’ location?

3. How will each feature you have identified impact on the local community? Discuss good and bad points

• YOU WILL RECEIVE 10 POINTS FOR EACH VALID ANSWER THAT YOU GIVE ON YOUR ANSWER SHEET

• POINTS WILL BE DEDUCTED FOR ANY INAPPROPRIATE ANSWERS OR IF YOUR TEAM DO NOT WORK TOGETHER PROPERLY

• 10 MINUTES TO COMPLETE THE TASK

What answers did your team think of…?

• You needed to answer the following questions:

1. What features surround the Olympic location?

2. Do these features make London a ‘good’ location?

3. How will each feature you have identified impact on the local community? Discuss good and bad points

• Put your hand up to give 1 feature that your team thought of along with your answers to questions 2 & 3

• Points will be deducted if you shout out

• Your team receives 10 points for every correct answer

• Add up your points for the task

Features that surround Olympic location

Why these features make London a ‘good’ location

How will it impact the local community?

AIRPORTS Enables competitors and spectators to commute to the Olympic site

Better travel opportunities for locals. More tourism for the area.

NATIONAL TRAIN STATIONS

Easy for spectators to travel to watch Olympic events

LONDON UNDERGROUND STATIONS

Easy access for Olympic visitors to travel around London.

ATTRACTIONS IN LONDONE.G. THEATRES, CINEMAS, HOTELS, BUCKINGHAM PALACE ETC.

Other attractions for competitors/spectators to go to. People visiting attractions may decide to go to the Olympic Park.

Generating more revenue for London businesses. Creating job opportunities as more visitors mean more staff are required.

MAIN ROADS – M25, M1, M4 ETC.

EUROSTART RAIL LINKEasy for spectators to travel to watch Olympic events

• The most important aim of business is to make a profit…

• In order to achieve this aim, businesses need to ‘market’ or ‘promote’ their products and services

• Marketing can take many forms such as:

– Advertising – on TV, radio, bill boards, flyers, posters

– Creating a corporate identity – a recognisable ‘look’ for the business

• Logos, slogans, colour schemes

– Using celebrities to endorse products/services

• The main purpose of marketing is to increase customers’ awareness of a business and to encourage them to buy products or to use services

Instructions

• Your team has been given the task of planning a TV advert to promote the 2012 Olympic Games

1. Create a story board to illustrate what will happen in your advert

2. Annotate your story board to explain what is happening in each scene

• Your advert must be between 3 and 5 scenes long

• Use a separate A4 sheet of paper for each scene in the story board

• You must PRESENT your completed story board to another team when the time is up – THEY WILL MARK YOUR WORK!!

• You have 20 minutes to complete the task and 5 minutes to present your work

• There is a maximum of 50 marks available for the task

• You must PRESENT your completed story board to another team – you have 5 minutes in total for your presentations

• The team watching must then award you marks out of 50

• Then swap roles and mark the team who have watched your presentation

• All team members must participate

• You must explain:

– The general theme of the advert– How you came up with idea– Why you think it will be an effective form of promotion– Any improvements you could make if you had more time

• Ensure your story board drawing are clear so the audience can see them clearly

The brief…

• You have been asked to design & produce a sculpture for the 2012 Games

• The sculpture must represent one of the Olympic sports

• You must spend 5-10 minutes designing your sculpture on paper

• You will then have 20 minutes to make your sculpture

• You will PRESENT your sculpture and explain your design to the rest of the group, identifying what sport it represents

• You will only have 20 modelling balloons and 1 roll of cellotape to make your sculpture

•Be ready to present your group sculpture at 11.50am

•Tidy up any rubbish and ensure your resource box is in order and on your table

• Best team for each tutor set will receive a prize…

• Everyone will get a certificate in tutor set next week for doing so well today!

Well done ...You have completed a morning of enterprise!

Welcome to Year 9 Enterprise!

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