The Apprentice

As the business environment continues to experience rapid technological change, the use of economic analysis has become increasingly important for managers in the areas of production, pricing, management, financing and strategy. Given this changing business environment, firms are increasingly looking for individuals who can think analytically and use economic analysis to make well-informed decisions. In addition to analytical skills, firms also value employees with interpersonal skills. This often includes being a team player and having the ability to interact with, motivate and provide support for their colleagues. Firms are also looking for employees who have developed leadership skills either in their communities or through their participation in team projects or student organizations. Finally, firms seek employees who have good communication skills, entrepreneurial and marketing skills, the ability to relate their area of expertise to other associated fields, and the ability to adapt to a changing environment.

I will the show “The Apprentice” during the whole semester. This packet is to be kept from now until June. It is your responsibility to keep this up to date and not loose it. Each time we watch an episode you are to answer the questions that go along with that particular episode. Please put thought into your answers and use examples from the episode to help you explain your answers. You will only receive full credit for in depth answers. That being said, this will count as a test grade worth 140 points. Each episode is 10 points.

The Apprentice

Name_______________________________________ Period: _________

Episode 1: Selling Lemonade Team leader for Versacorp: Team leader for Protégé: Explain one factor that is important when determining the location of a business? What types of strategies did each team to sell lemonade use? Do you believe the teams marketed the “lemonade” properly? Explain for both teams.

Episode 2: Marquis Jet Team leader for Versacorp: Team leader for Protégé: In your opinion what was the major factor that decided who won this task? Explain. What did this episode teach you about working in groups? Explain. If you were part of this contest do you believe the PM motivated you to do a good job? If yes, what were his/her tactics? If no, explain why.

Episode 3: Scavenger Hunt

Team leader for Versacorp: Team leader for Protégé What did you learn about Negotiations in this episode? Explain. Now that the task is complete, what would you have done differently? Explain. If you were part of this contest do you believe the PM motivated you to do a good job? If yes, what were his/her tactics? Explain in detail.

Episode 4: Planet Hollywood Team leader for Versacorp: Team leader for Protégé: Now that the task is complete, what would you have done differently? Explain. Do you believe the tactic team protégé uses is ethical? Explain.

Epsidoe 5: Flea Market

Team leader for Versacorp: Team leader for Protégé In your opinion what is the most important thing when selling a product or a service? Explain. In your opinion what was the deciding factor that caused the winning team to win? Explain

Epsidoe 6: Auction

Team leader for Versacorp: Team leader for Protégé Who was the worst teammate in the particular task? What did he or she do to be the worst team member? Explain why Negotiations play a big part in business acquisitions/dealings.

Episode 7: Apartment restore/rent

Team leader for Versacorp: Team leader for Protégé Do you agree or disagree with Katrina; Was Troy unethical in his negotiations? In group assignments, Explain why leadership is so important.

Episode 8: Trump Ice

Team leader for Versacorp: Team leader for Protégé What was the ultimate factor in Protégé winning this task? Explain. What have you learned from watching the boardroom meetings? Explain.

Episode 9: Artist

Team leader for Versacorp: Team leader for Protégé Now that the task is complete, what would you have done differently? Explain. If you were part of this contest do you believe the PM motivated you to do a good job? If yes, what were his/her tactics? Explain in detail.

Episode 10: RickShaw

Team leader for Versacorp: Team leader for Protégé Now that the task is complete, what would you have done differently? Explain. If you were part of this contest do you believe the PM motivated you to do a good job? If yes, what were his/her tactics? Explain in detail.

Episode 11: Atlantic City

Team leader for Versacorp: Team leader for Protégé Now that the task is complete, what would you have done differently? Explain. If you were part of this contest do you believe the PM motivated you to do a good job? If yes, what were his/her tactics? Explain in detail.

Episode 12: Luxury Renting

Team leader for Versacorp: Team leader for Protégé Now that the task is complete, what would you have done differently? Explain. If you were part of this contest do you believe the PM motivated you to do a good job? If yes, what were his/her tactics? Explain in detail.

Episode 13: The Interviews

Team leader for Versacorp: Team leader for Protégé What is the importance of an interview? Explain What kind of skills do you need to be successful in an interview? Explain

Episode 14: The Final

What did you learn from watching this show? Explain by writing two paragraphs.