The students must consider materials and labor costs in order to sell their products at a profit. Students use computers to create spreadsheets for record keeping, to calculate net profit or losses from gross sales, and to produce order forms. MYOB also identifies and develops workplace readiness skills. They gain new perspectives by role-playing situations involving employees, employers, and customers. Without entrepreneurial education, the enterprising spirit of kindergartners dramatically declines by the time they graduate from high school.
Few teachers have the time or resources to implement an extensive entrepreneurship program, though.
Fortunately, Web-based lessons and activities can integrate virtual business experiences into academic subjects across grade levels. Rube Goldberg cartoons contribute to the fun of problem solving as students investigate the risks and returns of entrepreneurship. Have students brainstorm ideas for new products after they investigate some patented but totally absurd inventions . Your students can sink their teeth into the entrepreneurial history of Papa John's Pizza and discover how businesses and people depend upon one another for goods and services. Fill them up with the Pizza Competition, Favorite Pizza Survey, and Interdependence Game activities.