Lesson 5: Hurdles in Entrepreneurship

What percent of businesses are still operating after 10 years? Do you want to be your own boss? What are ethics and how do the concepts of ethics affect entrepreneurs? What is a code of ethics?

ethics, code of ethics

HS.CTE.2C - 2C. Apply a solution using evidence and reasoning

POG:
I am a LEARNER: Master fundamental skills in core subject areas
I am a THINKER: Critical thinking, independent thinking

Evidence-based reading and writing sections that require analyzing arguments and identifying logical flaws.
SAT Math sections that require logical reasoning and the ability to solve complex problems. Assignment: Make Academic Connections: MATH

Purpose: to have students understand and be able to describe the benefits of being your own boss, investigate common reasons startups fail, and explore ethics and the world of business. They will conclude the lesson by analyzing ethical decision scenarios and answer: What will you do? Analyze the potential consequences of your decisions.

DOK 3: What percent of new businesses fail after 10 years?

DOK 4: Do you really want to be your own boss?
DOK 1: Define Ethics
DOK 3: How might Cosco code of ethics impact their business?
DOK 4: Create at least three ethical guidelines for a code of ethics.
DOK 4: Ethical Decision Scenarios: What will you do? Potential consequences of your actions

Students will learn about ethics and the risk of starting a business and read ethical decision scenarios.

A great product or service will naturally lead to a successful business.

Modeling, one on one instruction, Google classroom or Moodle. Online instructional tools, videos, real world application of information, textbook, online or paper assignments, Spanish version available for ELL students

Guided Notes, worksheet, skill development exercise, application of lesson reflection, exit ticket. Math Assignment: Calculating the business fail percentage.

Entrepreneurship, 6th edition, online/paper edition. Online working papers (MindTap), class notes, Do Now, Exit Tickets, case studies, Make Academic Connections: Math, practical application project.