Classwork MYP 5 The Role of Business 001-06-09-17

CLASSWORK MYP 5 001-06-09-17
UNIT 1: THE ROLE OF BUSINESS
FOR THIS CLASSWORK, CHOOSE A GOOD NOT A SERVICE.
  1. Identify two companies. Find out their vision and mission statements. Write them down in your notebook.
  2. Choose one of the above companies and determine what´s the company´s core business?

Inquire and Answer the following questions:
a.       What type of product or service does the company provide? (Explain it as if your teacher was an alien from outer space).
b.      What need or want does that product satisfy? Explain.
c.       Describe the production process to produce or provide that service.
a.       Inputs (be explicit about the resources used)
b.      Process (explain how inputs are transformed)
c.       Outputs (list what the company offers)
d.      Who is the customer of the product? Who is the consumer of the product?
d.      Who does the company sell its products to?

e.      How does the company add value to its outputs? What is so special about the good or service it sells.

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