My Company 2014

Introduction

In my project I will be creating a company. The purpose of creating my company is to strengthen math skills, and demonstrate what I already know in a vivid way. I will be creating my own company as if I were to actually begin one in the real word. This takes an everyday life style and uses it to my own benefits for learning Algebra as well as math.

This takes the responsibilities of running my own company and the mathematical skills to calculate the profits and the losses. This is an everyday life type of project it's based on the real world, so even if it wasn't meant to it will prepare me for future business encounters. My project is as simple as the title, using the resources I have such as PowerPoint I will create an "example" of a company that I will build up and track.

Driving Question

Can you build a company that will be successful with profits?

Procedure

Step 1: You will need PowerPoint so if you don't already have access to it you will need to download the software.

Step 2: You will need to gather all information such as data, charts, tables, etc.

Step 3: You will need to use your own words and explain the process of creating your company, and establishing it.

Step 4: You will need to go over it and check it and then submit it to your teacher.

Step 5: You will need to began following the steps on the PBL.Harmonytx.org website.

Step 6: You must complete both the ELA and Social Studies components.

Step 7: You must complete an About my School page explaining what you have participated in and how your school is.

Step 8: You should complete all steps on the PBL website make sure to not leave out any links or URLS that should be added.

Background Research

Main Idea: I will need to create a business so I need a business plan. I need to know what ill be selling, the profit I will receive, and the name of it.

Principle/Concept: Creating a business and seeing the profit grow or loss of the item my company will sell.

Keywords, Materials, and Quantities

  • Charts/Tables

  • Graphs

  • PowerPoint

  • Formulas

  • Data

  • Calculations

  • Salary

  • Profits

Pictures

PBL Investigation

Sara Taleb

Harmony Science Academy Grand Prairie

1. How did you decide what type of business you were going to create?

I simply saw what was trending or what was being used the most, obviously the answer to that is electronics such as Cell phones, Smart phones, Computers, Laptops, Tablets, etc. I knew that if I created a company that based itself and one of those things it would become successful.

2. What makes your product/service better than other ones out there?

It makes it better because of the different things I provide on my laptops, and other electronics I have added features that not all other companies add to their products.

3. How did you determine what your potential profits would be?

I just calculated the total profits and subtracted the price of making the electronics, and the price of paying employees, and I had my potential profits.

4. As you know, this project did not include taking out a loan, but how would it affect your model if you decide to take out a loan to build your company?

If I decided to take a loan for my company I would probably have had more advanced expensive, products. I would have a higher potential profit than I do right now without a loan.

5. How did you utilize Algebra in this project? Explain.

Algebra is the basis of this project you can't get your potential profits, nor would you be able to calculate your profits and losses.

6. What is the importance of mathematics in the world of business? Explain.

It is everything to the business world, without it you wouldn't have been able to calculate anything so you would have no idea what you’re gaining and what you’re losing.

Click here to download my PBL Investigation in Word Format

Click here to download my PBL Investigation in PDF Format