Messy Contributions…. recipe for success?
Today has been a super warm day…. which brought to mind a cooling down activity for teaching breakeven and the concept of contribution
Ingredients: • A large container (tupperware box) • A ice cream tub (smaller than container) • A (plastic) jug of water • At least two water bottles (full) • Towels to dry up mess!
Instructions: • Put the container in the middle of a desk in the front of room • Get 4 volunteers…. • One volunteer must hold the ice cream tub above the container on the desk! • One gets a jug of water (cash cow): they must slowly pour water in continuously • The 2 water bottle volunteers – one to drip water in very slowly and the other to poor water in ‘at a fastish rate’
Guidance: • The tub is FC… the water is contributions (P-VC) … as the water gets close to covering the FC…. Get them to stop… as a business should they stop selling products? • What happens to the contributions once FC are ‘covered’…. Where does it go? • What would happen if the cash cow becomes a problem child? • What happen if the star really does take off? • What if the problem child… needs more investment? Where can the source of finance come from???
• Paper towels essential to clear up the mess!
It doesnt matter whether students are aware of Boston Matrix concepts at the moment, I often describe these and later add in the correct terminology warning them of a future topic. When you teach Boston Matrix – they nearly always remember the terms & contribution speed that each can make towards profits!
Hope this activity can cool you & your students down over this late heatwave!
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