Understanding Business
13th Edition
ST
SOLUTIONS
UV
IA
MANUAL
_A
PP
William G. Nickels
RO
VE
Comprehensive Solutions Manual for
Instructors and Students
D?
© William G. Nickels
All rights reserved. Reproduction or distribution without permission is prohibited.
©MedConnoisseur
, /McHugh/McHugh Understanding Business
Instructor’s Manual - Chapter 1 13e
ST
Solution Manual for
Understanding Business, 13th Edition, William Nickels
Chapter 1-20
UV
Chapter 1: Taking Risks and Making Profits within the Dynamic Business Environment
INTRODUCTION
I
This Instructor’s Manual has been revised to include all teaching resources offered for your course. It is organized for ease of use, so you can
A_
follow along in the classroom and use relevant materials as they are needed.
CONTENTS
Icebreaker Activity
Critical Thinking Exercises
Bonus Cases
Connect Instructor’s Manual
AP
Brief Chapter Outline, Learning Objectives, and Classroom Activities
Lecture Enhancers
ADDITIONAL RESOURCE
PR
For more lecture-enhancing examples and videos, visit our blog at http://understandingbiz.com.
WHAT’S NEW IN THIS EDITION
Additions:
● Getting to Know Ann-Marie Campbell of Home Depot
● Name That Company: Equifax
OV
● Issues regarding the COVID-19 pandemic and social injustice protests are addressed in several photo essays throughout the text.
1
ED
Instructor’s Manual – Ch 5 | Copyright 2022 © McGraw Hill LLC. All rights reserved. No reproduction or distribution without the prior written consent of McGraw Hill LLC
?
, /McHugh/McHugh Understanding Business
Instructor’s Manual - Chapter 1 13e
●
●
●
ST Adapting to Change box: Creating Sustainability through a Circular Economy
Connecting through Social Media box: The Lucrative Challenge of Connecting with Gen Z Online
Reaching Beyond Our Borders box: Coca-Cola’s Global Offerings Expand Far beyond Soda
●
Revisions:
UV
Video Case: Building a Shopping Community of People (Poshmark)
Statistical data and examples throughout the chapter were updated to reflect current information. In addition:
● Subsection “Managing Diversity” was enhanced with discussion of promoting inclusion and belonging in the workplace.
Deletions:
●
I A_
Boxes: Adapting to Change Spotlight on Small Business, Reaching Beyond Our Borders, Adapting to Change
Video Case
AP
PR
OV
2
ED
Instructor’s Manual – Ch 5 | Copyright 2022 © McGraw Hill LLC. All rights reserved. No reproduction or distribution without the prior written consent of McGraw Hill LLC
?
, /McHugh/McHugh Understanding Business
Instructor’s Manual - Chapter 1 13e
ST
ICEBREAKER ACTIVITY
Exercise:
UV
Learning Objectives:
Instructor Prep Time:
Puzzle Fun
1-1 Describe the relationship between profit and risk, and show how
businesses and nonprofit organizations can raise the standard of living
for all.
20–30 minutes
Supplies:
Class Type:
Ideal Class Size:
Set-up Time:
I
Face-to-Face
Hybrid
5–10 small puzzles containing 5–6 puzzle pieces.
N/A
A_
Face-to-Face, Hybrid, and Online
5 minutes to hand out puzzle pieces and create teams
Student Work Time:
Wrap-up Time:
Online
Face-to-Face
Hybrid
30 minutes
AP
1–2 hours to find puzzle and 15 minutes to post puzzle.
15–20 minutes to discuss “takeaways”
Online
Evaluation Suggestions:
Set-up: In-person and Hybrid
N/A
PR
Online chat room—1 to 2 days to answer any questions.
• Depending on the class size, purchase 5–10 small puzzles containing 5 - 6 puzzle pieces.
• Divide up the puzzle pieces and place in 5–10 sandwich bags based on the class size.
• This exercise is great for the first day of class.
• It serves as an “icebreaker” as well as illustrating Learning Objective 1-1.
• It is a fun way to start the semester.
Online
OV
3
ED
Instructor’s Manual – Ch 5 | Copyright 2022 © McGraw Hill LLC. All rights reserved. No reproduction or distribution without the prior written consent of McGraw Hill LLC
?
13th Edition
ST
SOLUTIONS
UV
IA
MANUAL
_A
PP
William G. Nickels
RO
VE
Comprehensive Solutions Manual for
Instructors and Students
D?
© William G. Nickels
All rights reserved. Reproduction or distribution without permission is prohibited.
©MedConnoisseur
, /McHugh/McHugh Understanding Business
Instructor’s Manual - Chapter 1 13e
ST
Solution Manual for
Understanding Business, 13th Edition, William Nickels
Chapter 1-20
UV
Chapter 1: Taking Risks and Making Profits within the Dynamic Business Environment
INTRODUCTION
I
This Instructor’s Manual has been revised to include all teaching resources offered for your course. It is organized for ease of use, so you can
A_
follow along in the classroom and use relevant materials as they are needed.
CONTENTS
Icebreaker Activity
Critical Thinking Exercises
Bonus Cases
Connect Instructor’s Manual
AP
Brief Chapter Outline, Learning Objectives, and Classroom Activities
Lecture Enhancers
ADDITIONAL RESOURCE
PR
For more lecture-enhancing examples and videos, visit our blog at http://understandingbiz.com.
WHAT’S NEW IN THIS EDITION
Additions:
● Getting to Know Ann-Marie Campbell of Home Depot
● Name That Company: Equifax
OV
● Issues regarding the COVID-19 pandemic and social injustice protests are addressed in several photo essays throughout the text.
1
ED
Instructor’s Manual – Ch 5 | Copyright 2022 © McGraw Hill LLC. All rights reserved. No reproduction or distribution without the prior written consent of McGraw Hill LLC
?
, /McHugh/McHugh Understanding Business
Instructor’s Manual - Chapter 1 13e
●
●
●
ST Adapting to Change box: Creating Sustainability through a Circular Economy
Connecting through Social Media box: The Lucrative Challenge of Connecting with Gen Z Online
Reaching Beyond Our Borders box: Coca-Cola’s Global Offerings Expand Far beyond Soda
●
Revisions:
UV
Video Case: Building a Shopping Community of People (Poshmark)
Statistical data and examples throughout the chapter were updated to reflect current information. In addition:
● Subsection “Managing Diversity” was enhanced with discussion of promoting inclusion and belonging in the workplace.
Deletions:
●
I A_
Boxes: Adapting to Change Spotlight on Small Business, Reaching Beyond Our Borders, Adapting to Change
Video Case
AP
PR
OV
2
ED
Instructor’s Manual – Ch 5 | Copyright 2022 © McGraw Hill LLC. All rights reserved. No reproduction or distribution without the prior written consent of McGraw Hill LLC
?
, /McHugh/McHugh Understanding Business
Instructor’s Manual - Chapter 1 13e
ST
ICEBREAKER ACTIVITY
Exercise:
UV
Learning Objectives:
Instructor Prep Time:
Puzzle Fun
1-1 Describe the relationship between profit and risk, and show how
businesses and nonprofit organizations can raise the standard of living
for all.
20–30 minutes
Supplies:
Class Type:
Ideal Class Size:
Set-up Time:
I
Face-to-Face
Hybrid
5–10 small puzzles containing 5–6 puzzle pieces.
N/A
A_
Face-to-Face, Hybrid, and Online
5 minutes to hand out puzzle pieces and create teams
Student Work Time:
Wrap-up Time:
Online
Face-to-Face
Hybrid
30 minutes
AP
1–2 hours to find puzzle and 15 minutes to post puzzle.
15–20 minutes to discuss “takeaways”
Online
Evaluation Suggestions:
Set-up: In-person and Hybrid
N/A
PR
Online chat room—1 to 2 days to answer any questions.
• Depending on the class size, purchase 5–10 small puzzles containing 5 - 6 puzzle pieces.
• Divide up the puzzle pieces and place in 5–10 sandwich bags based on the class size.
• This exercise is great for the first day of class.
• It serves as an “icebreaker” as well as illustrating Learning Objective 1-1.
• It is a fun way to start the semester.
Online
OV
3
ED
Instructor’s Manual – Ch 5 | Copyright 2022 © McGraw Hill LLC. All rights reserved. No reproduction or distribution without the prior written consent of McGraw Hill LLC
?
