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THE ISB SUCCESSFUL "ENTREPRENEURS" MAKE GIFTS FOR MOTHER’S DAY

All our Primary School students and teachers have been really busy this week during Enterprise Days. Enterprise Days are an annual event at ISB which gives the children the opportunity to work with their colleagues from other classes and year groups, develop their teamwork skills and express their innovation and creativity in a real life context. This year, Enterprise Day grew even bigger as the whole Primary school worked co-cooperatively and competitively to make Mother's Day gifts for the 8th of March. The children formed their own small companies comprising five team members, and designed their own company names, logos and slogans. Each child then took on a specific role within the company and they worked together to make, buy and sell gifts using pretend money.

They learned how to calculate profit and loss and even made projections for expected profit. They investigated the purpose of banks, how interest is calculated, and had to decide upon how to best look after their business' cash flow. After taking part in some Art workshops they then utilised their art and craft skills to produce high quality gifts in their classrooms.

All the gifts were then passed to each company's 'Head of Sales' who used their bargaining and negotiating skills to capture the best possible price for each item. This year due to the high quality of gifts and the excellent salesmanship, record profits were recorded across the school.

"I would like to thank the teachers and management team of our Primary school for organising the Enterprise Day. The event was shown as an exemplary activity on national news today." Mr. Sinan Kosak, ISB Director.

08/03/2017
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