W8: Wraping up

This is the last week for our instruction.

W7: Vocabulary blog

The topic of this week is Global Opportunities for Entrepreneurs. It talks about the ways of cooperating with foreign companies and other relevant issues. When we talk about the ways of international cooperation, there are five key terms, exporting, importing, freight forwarder, learning curve, and licensing, that you should know.

This week we are going to try a new way of writing the vocabulary blog. Here are the steps:

1.      Sit with your partner:

First/Pik

Nui/Eye/Pat

Ton/Pim

Nam/Mew

2.      Watch the video: Thailand: A National Export Initiative Priority Market http://www.youtube.com/watch?v=XLxWpWulu3I

3.      Look into the tasks and work with your partner:

Exporting

(1)   What is “exporting”?

(2)   What is the verb of “exporting”?

(3)   What are the products mentioned in the video that foreign companies usually export to Thailand?

(4)   Make a sentence of “exporting”.

Importing

(1)   What is “importing”?

(2)   What is the verb of “importing”?

(3)   Do you agree that the products mentioned in the video are what Thailand usually imports from foreign companies? What else is Thailand also known for importing?

(4)   Make a sentence of “importing”.

Freight forwarder

(1)   What is the pronunciation of “freight”?

(2)   What does “freight” mean?

(3)   What does “freight forwarder” mean?

(4)   Why is freight forwarder important for a company exporting products to other countries?  

Learning curve

(1)   What is the pronunciation of “curve”?

(2)   What is “learning curve”? (Attention: find the definition of “learning curve” in the business context.)

(3)   What does “learning curve” mean in non-business context?

Licensing

(1)   What is the pronunciation of “licensing”?

(2)   What does “licensing” mean?

(3)   Make a sentence of “licensing”.

(4)   Find one synonym of “licensing”.

4.      After you and your partner finish the tasks above (10:10am), go to two other students’ blogs to leave messages (the blogs you and your partner visit can be different). Your comments should explicitly tell:

(1) Does the student answer all the questions above?

(2) If not, help her/him finish her/his vocab blog based on what you have already known.

(3) Check the definitions of the key terms. Are they similar to yours? If not, discuss with the student by leaving a comment on her/his blog and decide which definition is correct. 

5.      After you and your partner finish writing blogs and leaving messages, ask the teacher to check: open your blog and the two students’ blog where you leave your comments. After checking with the teacher, you can leave at 10:30am.

Online resources

Wikipedia: http://en.wikipedia.org/wiki/Main_Page

Cambridge Dictionaries Online: http://dictionary.cambridge.org/

Invest words. com: http://www.investorwords.com/

W6: Vocabulary blog

For today's class, we're going to learn five key terms: SWOT analysis, expertise, strategic planning, strategic positioning, and scarcity.

SWOT analysis

1.      What do the four letters in SWOT stand for?  

2.      What is SWOT analysis?

3.      Find the objectives (at least two objectives) of one of the competitors in your field. We will be analyzing the competitor’s SWOT in the coming classes.

4.      Find two pictures (templates) which can help you know more about how to do SWOT analysis.

Expertise

1.      What is the pronunciation of “expertise”?

2.      What does “expertise” mean?

3.      Make a sentence of “expertise”.

Strategic planning

1.      What is strategic planning?

2.      What is the relation between SWOT analysis and strategic planning?

3.      What is the process of strategic planning (or How can you do strategic planning?)?  

Strategic positioning

1.      What is strategic positioning?

2.      Watch the video: Export Marketing Bootcamp -Positioning - Building a Strong Position (http://www.youtube.com/watch?v=Yhzm5Fo6soU )

Answer the following questions:

(1)   Why does a small business owner need to take into account strategic positioning? (Hint: Think about why not care strategic positioning?)

(2)   As a small business owner, what should you consider when finding a position in the market?

(3)   After you find a position in the market, how can you know whether it is a strong position or not?

Scarcity

1.      What is the pronunciation of “scarcity”?

2.      What does “scarcity” mean?

3.      What is the adjective of “scarcity”?

4.      Make a sentence of “scarce” and “scarcity”.

5.      Find three synonyms of “scarcity” and “scare”.

6.      Find three antonyms of “scarcity” and “scare”.

Online resources:

Wikipedia: http://en.wikipedia.org/wiki/Main_Page

Cambridge Dictionaries Online: http://dictionary.cambridge.org/

Invest words. com: http://www.investorwords.com/

Respond to TWO students’ blogs.

You will respond based on the following rules:

1.      If your classmates leave a comment on your blog and ask for your help, please help them by answering their questions.

2.      Does the student answer all the questions above?

3.      If not, help her/him finish her/his vocab blog based on what you have already known.

4.      Check the definitions of the key terms. Are they similar to yours? If not, discuss with the student by leaving a comment on her/his blog and decide which definition is correct.

Designated responder:
Nam: Pim and Pik
Nui: Ton and First
Pat: Nam and Nui
Mew: Pik and First
First: Pim, Eye 

Pik: Ton, Nui, Nam
Ton: Eye, Mew
First: Pat, Mew
Eye: Pat, Eye

PS: If you haven’t finished the blog in class, finish it by Tuesday 12:00am. Students who do very well in writing the vocabulary blogs will get extra points.

Missing one deadline means you lose 1 point for each unfinished requirement.

W5: Vocabulary blog

For today's class, we're going to learn five key terms in Ch5: Niche marketing, trademark, royalty fee, synergy, and franchising.

Here are the steps to follow:

Niche

1.      What is the pronunciation of niche?

2.      What does niche mean?

3.      Find an example of a corporation's niche market. (PS: You can start with looking into the sample corporation that you gave last week about business ethics.)

Trademark

1.      What does trademark mean?

2.      Find a trademark of a corporation.

3.      What do you think the trademark tells you about the characteristics of the corporation?

4.      Make a sentence of trademark.

Royalty fee

1.      What does royalty mean?

2.      What does royalty fee mean?

3.      Royalty and loyalty look similar. What does loyalty mean?

4.      What is the pronunciation of royalty and loyalty?

5.      Make a sentence of royalty fee.

Synergy

1.      What is the pronunciation of synergy?

2.      What does synergy mean?

3.      Find three synonyms of synergy.

4.      Make a sentence of synergy.

Franchising

1.      What is the pronunciation of franchising?

2.      Pay attention to the pronunciation in the online audio-dictionary. Compare your pronunciation with the pronunciation in the audio-dictionary. Are they the same or different?

3.      What is the verb of franchising? What does it mean?

4.      What does franchiser and franchisee mean?

5.      Make a sentence of franchising.

Online resources:

Wikipedia: http://en.wikipedia.org/wiki/Main_Page

Cambridge Dictionaries Online: http://dictionary.cambridge.org/

Invest words. com: http://www.investorwords.com/

Respond to TWO students’ blogs.

You will respond based on the following rules:

1.      If your classmates leave a comment on your blog and ask for your help, please help them by answering their questions.

2.      Does the student answer all the questions above?

3.      If not, help her/him finish her/his vocab blog based on what you have already known.

4.      Check the definitions of the key terms. Are they similar to yours? If not, discuss with the student by leaving a comment on her/his blog and decide which definition is correct.

Before you leave:

1. Send the vocab self-evaluation form to me

2. Leave two comments based on the rules mentioned above. 
3. Respond to your fellow students' comments and revise your blog if need be. 

PS: If you haven't finished writing the blog, finish it by the end of Tuesday. If you haven't commented on two students' blogs, do it by the end of Wednesday. Students who do not finish writing the blog before the deadlines will be deducted one point from the FINAL GRAD.

Designated responder:
Nui: Pim and Pik
Eye: Ton and First
Mew: Num and Nui
Pat: Pik and First
Ton: Pim, Eye 
First: Ton, Nui, Num
Pim: Eye, Mew
Pik: Pat, Mew
Num: Pat, Eye

W4: Vocabulary blog

For today's class, we're going to learn five key terms in Ch4: consumerism, conservation, recycling, business ethics, and personal ethic.

Here are the steps to follow:

1.     What does consumer mean?

2.     What does consumerism mean?

3.     What does conservation mean?

4.     What is the verb of conservation? What does the verb of conservation mean?

5.     What does recycling mean?

6.     Recycling can be parted as “re” + “cycling”. What does “re” mean? Can you give three words which have the same word structure; that is, “re” + “X”? What do those three words mean?

7.     What does ethic/ethics mean?

8.     What do business ethics mean? Give one anecdote about business ethics.

9.     What does personal ethic mean? Give three examples of your personal ethic. 

Online resources:

Wikipedia: http://en.wikipedia.org/wiki/Main_Page

Cambridge Dictionaries Online: http://dictionary.cambridge.org/

Invest words. com: http://www.investorwords.com/

Respond to TWO students’ blogs. This week, we are going to try a new way of responding. Look into the bottom and find out the students' blogs that you have to respond to. Your job is to make sure the students answer the 9 points above appropriately. When you check their blogs, you’re reviewing and reorganizing what you have learned in today’s online search. In other words, checking your fellow students’ blogs helps not only them but also you. Do not just leave a comment without thoughtfully reading the blogs. You will respond based on the following rules:

1. Does the student answer the 9 points above?

2. If not, help her/him finish her/his vocab blog based on what you have already known.

3. Check the definitions of the key terms. Are they similar to yours? If not, discuss with the student by leaving a comment on her/his blog and decide which definition is correct.

4. What do you think about the student’s personal ethic? Do you agree or disagree? Why?

Before you leave:

1. Send the vocab self-evaluation form to me

2. Leave two comments based on the rules mentioned above. 
3. Respond to your fellow students' comments and revise your blog if needed be. 

PS: If you haven't finished writing the blog, finish it by the end of Wednesday. If you haven't commented on two students' blogs, do it by the end of Thursday. 

Designated responder:
Nui: Pim and Pik
Eye: Ton and First
Mew: Num and Nui
Pat: Pik and First
Ton: Pim, Eye 
First: Ton, Nui, Num
Pim: Eye, Mew
Pik: Pat, Mew
Num: Pat, Eye

W3: Vocabulary blog

 

W3: Vocab blog

For today's class, we're going to learn five key terms in Ch3: articles of incorporation, corporate charter, joint venture, C corporation, and S corporation. If the information you find online is too long, summarize it.

Here are the steps to follow:

1.      What does article mean?

2.      What does articles of incorporation mean? Can you find a picture of articles of incorporation either in English or in Thai?

3.      What does charter mean? Can you find ONE synonym of charter?

4.      What does corporate charter mean?

5.      What does venture mean?

6.      What does joint venture mean?

7.      What does C corporation?

8.      What does S corporation? Can you use one sentence to describe the difference between C corporation and S corporation?

9.      Make a sentence of each key term.

Online resources:

Thesaurus.com: http://thesaurus.com/ (Synonyms)

Wikipedia: http://en.wikipedia.org/wiki/Main_Page

Cambridge Dictionaries Online: http://dictionary.cambridge.org/

Invest words. com: http://www.investorwords.com/

Respond to TWO students’ blogs. Your job is to make sure the students answer the 9 points above appropriately. When you check their blogs, you’re reviewing and reorganizing what you have learned in today’s online search. In other words, checking your fellow students’ blogs helps not only them but also you. Do not just leave a comment without thoughtfully reading the blogs. You will respond based on the following rules:

1.      Does the student answer the 9 points above?

2.      If not, help her/him finish her/his vocab blog based on what you have already known.

3.      Check the definitions of the key terms. Are they similar to yours? If not, discuss with the student by leaving a comment on her/his blog and decide which definition is correct.

4.      Check the sentences that the student makes. Are the sentences clearly to you? If not, help her/him revise the sentences to make it understandable.

Before you leave:

1.      Send the vocab self-evaluation form to me

2.      Leave two comments based on the rules mentioned above.