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Money and business

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Subido el 30 de mayo de 2020 por Luis Miguel I.

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Hello, my friends. Well, this is the last social science unit of the year, the last science unit at all. 00:00:00
It's called money and business. So here we go. 00:00:07
First question, what can I do with my money? 00:00:11
First of all, you need money. You can earn, ganar, obtener money by working or you can be given it. 00:00:14
Once you get money, what can you do? 00:00:22
You can spend it, for example, buying an ice cream. You can donate it. You can save it at home. Or you can invest it. Lo puedes invertir. You give the money and you obtain benefit from it. You can obtain benefit from a bank, from a company. It depends. 00:00:23
Well, talking about what can you do with your money, to know better what you do, you can create a budget. 00:00:43
A budget can help us manage our money. A budget is un presupuesto. 00:00:51
And how it works? Very easy. You write the income and the money you expend. 00:00:55
OK, so imagine you receive five euros. So you got a total of five euros. 00:01:03
Then you clean the kitchen and your mother or your father gives you another 2. So now you got 7, which is 5 plus 2, 7. Now you decide to buy a comic. So you spend 1.50. So 7 minus 1.50, you got 5.50 now. 00:01:10
And you also decide to buy some sweets. 250 euros. 550 minus 250, now you got 3 euros. This way you can control what you spend and what you receive. 00:01:35
Imagine you clean a car and your mother, your father gives you another 4 euros. 00:01:48
3 plus 4, now you got 7. 00:01:54
And you also get another 5 euros because your grandfather or your grandmother gives you some money. 00:01:57
So 7 plus 5, now you got 12. 00:02:05
And you buy an ice cream because it's too hot, so you spent 2 euros. 00:02:11
So 12 minus 2, now you got 10. 00:02:15
This is how a budget works. For example, this is for a week for this week from Saturday to Sunday. Presupuesto. More concepts. How can I get more for my money? You get some money. 00:02:18
So when we shop, it's important to know what we want to buy and how much money we have. 00:02:36
Be careful with these special offers, bargain, sale, 50% off, 70% off. 00:02:42
Be careful with that. 00:02:52
All right. 00:02:53
Let's pay attention to some concepts you get here. 00:02:54
You get sales, las rebajas, a period of time when shop sells products at a discounted price. 00:02:57
Bargain, un chollo, una ganga, something on sale at a lower price, it's true value. 00:03:04
Deal, when you agree to pay a low price for something. 00:03:09
And finally, a discount, which is a reduction in the usual price. 00:03:13
Well, now for who does what in a business, for talking about businesses, I prepared the picture that you got in your book. 00:03:19
Pay attention to the bold letter, okay, la letra enegrita, okay, because with this you got all the types of business you can have. 00:03:29
Sole trader, someone who runs his or her own business, only one person. 00:03:44
a family business a private company owned by a grandfather the father the son the mother the 00:03:50
daughter okay family business then partnership is when two or more people own a business and they 00:03:58
share all expensive and benefits if you want to start a business with some friends imagine you 00:04:04
too so you pay the expenses and you receive the benefits at the same at the same amount then 00:04:09
Then, a franchise, una franquicia, a private company that pays fees to a mother company 00:04:16
in order to use their brand name to distribute their products. 00:04:22
If you think about most of the fast food restaurants that you know, most of them are franchises, 00:04:26
franquicias. 00:04:32
Then, a company in general, a business owned by a group of people called shareholders, 00:04:33
and a multinational, a company that operates in several countries, in Spain, in France, 00:04:39
United States United Kingdom in Australia in South Africa and Brazil and multi multinational 00:04:43
then if you look at this here one two three and several and this one that I'm making this 00:04:51
appear because I'm in the middle are different categories of people that work in a company 00:04:59
first you got the CEO the chief executive officer is the main boss and makes all the decisions 00:05:05
then you got financial officer that carries the finances the chief of operations that carries 00:05:12
uh responsible for everything else and then you got different departments for example 00:05:19
departamento de ventas sales finance human resources 00:05:24
administration information technology marketing and well then you got general managers 00:05:30
and staff staff is a personal and that's they are in the lowest part at the bottom and from the ceo 00:05:37
which is who is at the top then how do i run a successful business imagine you want to start 00:05:45
your own business you have to pay attention to the costs and you have different types of costs 00:05:52
first the startup costs things you must pay for get your business start for example a place 00:05:59
Imagine you're going to sell food, so you need a license to sell food. 00:06:06
Equipment, if you sell food, you need a refrigerator, so you have to buy all these things before you start the business. 00:06:10
Then in number two, you've got the ongoing costs, things for which you must pay all the year, every month. 00:06:17
The salaries, if you've got two, three, four people working for you, you have to pay the salaries. 00:06:23
and then other things like electricity the telephone internet things you need 00:06:30
for your business finally in three you get the variable costs cost that may 00:06:37
change according to how many sales the business makes imagine you sell a lot so 00:06:41
you need to buy a lot of new materials if you say less you don't need to spend 00:06:46
that much on those variable costs if you want to give more money like a 00:06:51
commission to your to your workers because you they behave very good and they say and they sell 00:06:56
a lot so you give them more money so these are the three types of costs if you run a successful 00:07:03
business exitoso this is the units money and business i know the video is a little longer than 00:07:11
usual but it's not too difficult some different definitions and concepts if you don't understand 00:07:18
some of them please try to translate and ask to your teachers all right well i'll see you soon 00:07:25
goodbye 00:07:32
Autor/es:
Luis Miguel Isidro Navarro
Subido por:
Luis Miguel I.
Licencia:
Reconocimiento - No comercial - Compartir igual
Visualizaciones:
154
Fecha:
30 de mayo de 2020 - 19:59
Visibilidad:
Público
Duración:
07′ 34″
Relación de aspecto:
1.78:1
Resolución:
1920x1080 píxeles
Tamaño:
172.32 MBytes

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