Monday, 4 November 2019

The Founder

Last Thurs/Friday we watched The Founder ( on You Tube) in class and students had to complete a film sheet with a number of questions.

The following is the list of questions from the film sheet.

1. How do the McDonald's Bros. exemplify true entrepreneurial spirit?
2. What were some of the problems the McDonald Bros. had when they first started out? How did they problem solve? How did they have to educate their customer when launching the "speedy system?"
3. Comment on the quote, "we were an overnight success, 30 years in the making."
4. Explain what a franchise is and how it works.
5. What are some of the problems with franchising?
6. Describe the positive and negative qualities or character traits that Ray Croc has.
7. What are some of the problems associated with growth in any business?
8. With reference to this film, discuss the concept of ethics in business.
9. List 5 things you learned from the film. What do you know now that you did not know before The Founder.

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Dragon's Den/finish up Pricing Assignment

 1. Review of Promotional Strategies 2. Dragon's Den videos 3. Wrap up and hand in Pricing Package