Accounting - Understanding Different Types of Business Operations

Objectives:

• Define business operations and explain their importance in increasing the value of the enterprise and earning a profit.
• Identify and explain the different types of business operations, including revenue, purchasing, financing, and investing activities.
• Analyze real-world examples of business operations and how they impact a company's financial statements.

Age Level: Late secondary school/junior college

National Standards: Complies with NBEA Accounting 2023 Standard III.1.7. State and explain the different types of business operations.

Materials:

• Whiteboard or chalkboard
• Markers or chalk
• Game board
• Game pieces
• Dice
• Timer
• Task cards
• Reward cards