Standard set
Entrepreneurship I: Grades 10, 11, 12
Standards
Showing 75 of 75 standards.
1.
Unit
The World of Entrepreneurship
2.
Unit
Planning a Business
3.
Unit
Marketing the Business
4.
Unit
Financial Management
5.
Unit
Human Resources Management
1.1
Knowledge Statement
Define terminology
1.2
Knowledge Statement
Discuss the world of entrepreneurship
1.3
Knowledge Statement
List entrepreneurial skills
1.4
Knowledge Statement
Compare economic structures
1.5
Knowledge Statement
Describe the role of government in a market economy
2.1
Knowledge Statement
Define terminology
2.2
Knowledge Statement
Discuss business ownership
2.3
Knowledge Statement
Describe the process for developing an effective business plan
3.1
Knowledge Statement
Define terminology
3.2
Knowledge Statement
Discuss the need for market research (customer, community, and competition)
3.3
Knowledge Statement
Discuss the importance of location and facilities
3.4
Knowledge Statement
Develop a marketing plan
4.1
Knowledge Statement
Define terminology
4.2
Knowledge Statement
Explain procedures for financing a business
4.3
Knowledge Statement
Explain the concept of cost
4.4
Knowledge Statement
Explain records/inventory management
4.5
Knowledge Statement
Discuss financial management
5.1
Knowledge Statement
Define terminology
5.2
Knowledge Statement
Discuss hiring personnel
5.3
Knowledge Statement
Discuss managing personnel
1.1.1
Application
Prepare a list of terms with definitions
1.2.1
Application
Profile the personality traits of successful entrepreneurs
1.2.2
Application
Explore business opportunities
1.3.1
Application
Discuss and apply math skills
1.3.2
Application
Describe and utilize effective communication skills
1.3.3
Application
Apply problem-solving process
1.3.4
Application
Encourage involvement in student business organizations
1.4.1
Application
Describe different economic systems
1.4.2
Application
Define the concept of supply and demand
1.4.3
Application
Explain the effects of market structure and price
1.5.1
Application
Explain the government's effect on what is produced
2.1.1
Application
Prepare a list of terms with definitions
2.2.1
Application
Explain advantages and disadvantages of buying an existing business
2.2.2
Application
Explain advantages and disadvantages of owning a franchise
2.2.3
Application
Explain advantages and disadvantages of a sole proprietorship
2.2.4
Application
Explain advantages and disadvantages of a partnership
2.2.5
Application
Explain advantages of disadvantages of a corporation
2.2.6
Application
Evaluate the different types of ownership, and determine which is best for the occasion
2.3.1
Application
Explain the purposes of a business plan and its importance
2.3.2
Application
List and understand the parts of a business plan
2.3.3
Application
Research resources for your business plan
3.1.1
Application
Prepare a list of terms with definitions
3.2.1
Application
List the steps of market research
3.2.2
Application
Determine market potential
3.2.3
Application
Identify competition
3.3.1
Application
Explain the importance of choosing the proper location for a business (retail and non-retail)
3.3.2
Application
Evaluate all aspects of potential facilities (physical layout, equipment, supplies, inventory)
3.4.1
Application
Define marketing mix
3.4.2
Application
Identify the different elements of the product mix
3.4.3
Application
Describe the channels of product distribution
3.4.4
Application
Describe product pricing methods
3.4.5
Application
Explain the forms of product promotion and selling
3.4.6
Application
Explain the importance of marketing goals
4.1.1
Application
Prepare a list of terms with definitions
4.2.1
Application
Understand and prepare financial statements
4.2.2
Application
List sources of loans and other assistance
4.3.1
Application
Identify various types of costs
4.3.2
Application
Discover how different types of costs effect the price entrepreneurs charge
4.4.1
Application
Identify the types of business records
4.4.2
Application
Compare advantages/disadvantages of computerized record keeping
4.4.3
Application
Discuss the types of financial statements prepared by businesses
4.4.4
Application
Describe methods of tracking/managing inventory
4.5.1
Application
Explain methods for managing cash flow
4.5.2
Application
Discuss analyzing financial statements to determine financial performance
5.1.1
Application
Prepare a list of terms with definitions
5.2.1
Application
Discuss the importance of a job description and an organizational structure
5.2.2
Application
List methods for recruiting employees
5.2.3
Application
Describe the steps in hiring employees
5.2.4
Application
Discuss employee compensation plans
5.3.1
Application
Analyze methods for training, motivating, and evaluating employees
Framework metadata
- Source document
- Entrepreneurship I (2009)
- License
- CC BY 3.0 US
- Normalized subject
- Career Education