8/6/2019 Competency 3.00 Project

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Sports and Entertainment Marketing ISummer 2003

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3.00 Project

STUDENT INSTRUCTIONS

Procedures:1. You will be evaluated on the competencies listed below. Be very familiar with

them and develop them in your presentation.2. You may use notes, but only those created during your 10-minute preparationperiod.

3. You will have 10 minutes to present your role-play.

Competencies/indicators to be evaluated:1. Describe the basic economic freedoms as part of our free enterprise system.2. Explain the advantages and disadvantages of entrepreneurship.3. Compare sole proprietorship, partnerships and incorporation as forms of

business ownership.4. Explain the advantages and disadvantages of franchising.

Event situation:You are the owner/manager of an established amusement park at the beach.One of your new employees, Ivan (the judge), is from Eastern Europe and is veryeager to learn more about our economic system. He is a very ambitious, hardworking employee who eventually wants to open his own business at the beach.Ivan (the judge) has been reading on the subject of economics and seems tounderstand basic concepts, but wants to hear your interpretation.

Ivan has made a luncheon appointment with you to sit down and pick yourbrain. Since your business is successful, Ivan values your opinion and advice.

Prepare to orient Ivan (the judge) on our free enterprise system, and forms ofbusiness ownership that can help him become a success in the future.

Your event begins when you approach Ivan (the judge).

8/6/2019 Competency 3.00 Project

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Sports and Entertainment Marketing ISummer 2003

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3.00 Project

JUDGE INSTRUCTIONS

Procedures:1. Please review the student instructions to better understand the event and

your role.2. The student will have 10 minutes to prepare and 10 minutes to make apresentation.

Event situation:You (Ivan) are a recent immigrant from Eastern Europe working at an establishedamusement park at the beach. Your manager (the student) has impressed youas a successful businessperson. You are also very intrigued by the freeenterprise economic structure of the United States. With this freedom and hardwork, you also plan on becoming a successful business owner in the future.

Your manager (the student) is always willing to sit down and talk about hisbusiness experience. You have done some extensive reading on the subject, butwould feel more comfortable hearing your managers (the students)interpretation. He has agreed to meet for lunch and talk extensively about theU.S. economic system and the types of ownership used here.

The role-play begins when the manager (the student) approaches you.

Please be sure to ask the following questions:

1. Describe the basic economic freedoms as part of the U.S. free enterprisesystem.2. Explain the advantages and disadvantages of entrepreneurship.3. Compare sole proprietorship, partnerships and incorporation as forms of

business ownership.4. Explain the advantages and disadvantages of franchising.

Student ideas and approaches to the situation will vary. Evaluate each studenton knowledge of economic foundations and keep in mind the objectives to becovered.

8/6/2019 Competency 3.00 Project

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Sports and Entertainment Marketing ISummer 2003

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3.00 Project

EVALUATION FORM

Please circle one number for each of the following competencies/indicators andplace the number in the space provided to the right, then total.

Evaluation Criteria:

How effectively did theparticipant:

Excellent(A)

Good(B)

Fair(C)

Poor(D/F)

Score

Describe the basic economicfreedoms as part of the U.S.

free enterprise system.

Thoroughly andaccurately identified all

four basic economicfreedoms

20, 19, 18

Four basic economicfreedoms are

somewhatthoroughly identified

but are accurate

17, 16, 15

Four basiceconomic freedomsare not thoroughly

identified noraccurate

14, 13, 12

Four basic economicfreedoms are not

identified.

11, 10, 9, or below.

Explain the advantages and

disadvantages ofentrepreneurship.

Thoroughly andaccurately identified

advantages anddisadvantages ofentrepreneurship

20, 19, 18

Advantages anddisadvantages of

entrepreneurship aresomewhat

thoroughly identifiedbut are accurate

17, 16, 15

Advantages anddisadvantages ofentrepreneurshipare not thoroughly

identified noraccurate

14, 13, 12

Advantages anddisadvantages of

entrepreneurship arenot identified

11, 10, 9, or below.

Compare sole proprietorship,partnerships and

incorporation as forms ofbusiness ownership.

Thoroughly andaccurately identifiedforms of business

ownership

25, 24, 23

Forms of businessownership are

somewhatthoroughly identified

but are accurate

22, 21, 20

Forms of businessownership are not

thoroughlyidentified nor

accurate

19, 18, 17

Forms of businessownership of

entrepreneurship arenot identified

16, 15, 14 or below

Explain the advantages anddisadvantages of franchising.

Thoroughly andaccurately explains

advantages anddisadvantages of

franchising

20, 19, 18

Advantages anddisadvantages offranchising are

somewhatthoroughly explained

but are accurate

17, 16, 15

Advantages anddisadvantages of

franchising are notthoroughly

explained noraccurate

14, 13, 12

Advantages anddisadvantages of

franchising are notexplained.

11, 10, 9 or below

Overall impression of thepresentation.

Presentation capturedand held the attention of

the audience.

15, 14, 13

Presentation wasaffective but

somewhat held theattention of the

audience

12, 11, 10

Presentation wassomewhat

effective, but failedto hold the

attention of theaudience

9, 8, 7

Presentation wasineffective incapturing and

holding the attentionof the audience

6, 5, 4 or below

Comments: TotalScore: