Day 71-74

When you are finished with Lesson 5-3, you will be able to

• Explain direct vs. indirect competition and price vs. non-price competition.
• Describe the benefits of competition to consumers.

Assignment 5.3.1

1. Obtain a copy of the notes handout.
2. Read Lesson 5-3 on pages 194-198.
3. As you read, utilize this presentation to help you fill in the missing parts on the handout.

Assignment 5.3.2

1. Lesson 5-3 Assessment

Assignment 5.3.3

Part I

1. Use Google Maps to showcase a large shopping area in a city near us.  Take a screenshot of that map by using one of the following methods:
   • press the Screenshot key .
   • press Shift + Ctrl + Show windows .
   • press Ctrl + Shift + F5.
2. Make a new Google Drawing, name it Competition-(Your Initials), and move it into your Lesson 5 folder.  Paste your Googe Map screenshot from Step 1 above.  Then using the drawing tools, add the following to your drawing:
   • Locate and identify at least four businesses that are in direct competition with each other.  Identify those businesses with a Green rectangle placed around each one.  
   • Locate and identify at least four businesses that offer indirect competition.  Identify those businesses with a Red rectangle placed around each one.

Part II

1. Make arrangements with teachers to get media content footage of different happenings in your building.
2. Start gathering media content, writing captions, creating stories, and developing hashtags for upcoming week’s schedule.
3. Communicate with administrator as needed to ensure content gets shared as scheduled.