Analyze how modern workplace success depends on respect of cultural differences and working effectively with people from a range of social and cultural backgrounds. DOK4

2.6

Depth 1

Investigate the power of Artificial Intelligence (AI) as it relates to business. DOK3

3.1

Depth 1

Explain the concepts of scarcity, choice, decision-making, opportunity cost, supply, demand, and gross domestic product (GDP). DOK2

3.2

Depth 1

Explain why societies develop economic systems, identify the basic features of different economic systems, and analyze the major features of the U.S. economic system. DOK2

3.3

Depth 1

Illustrate how voluntary exchanges and trade reflect negative and positive incentives resulting in gain for both parties. DOK3

3.4

Depth 1

Analyze the role of price on the market, the buyer, and the seller. DOK4

3.5

Depth 1

Research different economic systems to determine how people work individually or collectively to allocate goods and services. DOK2

4.1

Depth 1

Use a rational decision-making process as it applies to the roles of its citizens, workers, and consumers. DOK4

4.2

Depth 1

Identify various forms of income and analyze factors that affect income as a part of the career decision-making process.

4.3

Depth 1

Predict future earnings based on current plans for education, training, and career options.

4.4

Depth 1

Evaluate how people can increase their income and job opportunities by acquiring more education, work experience, and job skills. DOK3

4.5

Depth 1

Explore how income for most people is determined by the market value of their labor, paid as wages and salaries. DOK2

4.6

Depth 1

Develop and evaluate a spending/savings plan. DOK4

4.7

Depth 1

Evaluate savings options to meet short- and long-term goals. DOK3

4.8

Depth 1

Evaluate investment options to meet short and long-term goals. DOK3

5.1

Depth 1

Analyze factors that affect the choice of credit, the cost of credit, and the legal aspects of using credit. DOK4

5.2

Depth 1

Analyze choices available to consumers for protection against risk and financial loss. DOK4

5.3

Depth 1

Describe how people make choices to protect themselves from the financial risk of lost income, assets, health, or identity. DOK2

5.4

Depth 1

Explore how individuals and businesses use various insurance products to protect themselves from potential financial risk. DOK2

6.1

Depth 1

Analyze the role of markets and prices in the U.S. economy. DOK4

6.2

Depth 1

Analyze the different types of market structures and the effect they have on price and the quantity of the goods and services produced. DOK4

6.3

Depth 1

Evaluate antitrust laws including the Sherman Antitrust Act, Clayton Act, Federal Trade Commission Act, Robinson Patman Act, and Celler-Kefauver Antimerger Act.DOK4

6.4

Depth 1

Identify markets in which economic decision-makers have participated as buyers and sellers and describe how the interaction of all buyers and sellers influences price. DOK3

6.5

Depth 1

Predict how prices change when there is either a shortage or surplus of the product available. DOK3

7.1

Depth 1

Analyze the marketing mix, their interrelationships, and how they are used in the marketing process. DOK4

7.2

Depth 1

Recognize the customer-oriented nature of marketing and analyze the impact of marketing activities on the individual, business, and society. DOK4

7.3

Depth 1

Analyze the characteristics, motivations, and behaviors of consumers. DOK4

7.4

Depth 1

Identify and analyze the costs/benefits of finding customers. DOK4

7.5

Depth 1

Recognize how to retain customers and develop relationships with repeat customers. DOK3

7.6

Depth 1

Analyze the influence of internal and external factors on marketing. DOK4

7.7

Depth 1

Describe the elements, design, and purposes of a marketing plan. DOK3

8.1

Depth 1

Maintain a healthy workplace environment. DOK2

8.2

Depth 1

Examine the workplace space design that allows each employee to work comfortably without needing to overreach, sit or stand too long, or use awkward postures. DOK2

9.1

Depth 1

Compare and contrast fiscal and monetary policy. DOK3

9.2

Depth 1

Explain the importance of productivity and analyze how specialization, division of labor, investment in physical and human capital, and technological change affect productivity and global trade. DOK4

9.3

Depth 1

Explore the concept of business cycles as they relate to fluctuations in the national economy from times of expansion through times of contraction. DOK3

9.4

Depth 1

Explore how the money in the economy affects the overall price level. DOK2

9.5

Depth 1

Examine the role of trade, protectionism, and monetary markets in the global economy.

9.6

Depth 1

Evaluate how growing international economic interdependence causes economic conditions and policies in one nation to be increasingly affected by economic conditions and policies in another nation. DOK3

10.1

Depth 1

nalyze management functions and their implementation and integration within the business environment. DOK4

10.2

Depth 1

Develop personal management skills to function effectively and efficiently in a business environment. DOK2

10.3

Depth 1

Examine the role of ethics in management and social responsibility in decision-making. DOK3

10.4

Depth 1

Describe human resource functions and their importance to an organization’s successful operation.

10.5

Depth 1

Describe the role of organized labor and its influence on government and business. DOK2

11.1

Depth 1

Analyze the organization of a business. DOK4

11.2

Depth 1

Examine intellectual property issues of copyrights, patents, and trademarks. DOK2

11.3

Depth 1

Apply operations management principles and procedures to the design of an operation plan.

11.4

Depth 1

Examine corporate culture and management in the global environment. DOK2

11.5

Depth 1

Examine factors that lead to long-term sustainability within a business. DOK2

12.1

Depth 1

Recognize that entrepreneurs possess unique characteristics and evaluate the degree to which one possesses those characteristics. DOK2

12.2

Depth 1

Evaluate the opportunities, risks, advantages, and disadvantages of being an entrepreneur.

12.3

Depth 1

Investigate LEAN startup methods to generate, develop, and test ideas to identify market and business opportunities. DOK3

12.4

Depth 1

Discuss the value proposition as it relates to LEAN startups. DOK2

12.5

Depth 1

Test and validate solution ideas as they relate to product development. DOK4

12.6

Depth 1

Identify the characteristics of the different legal structures of a business. DOK2

12.7

Depth 1

Identify sources of start-up funding, with the advantages and disadvantages of each.

12.8

Depth 1

Define and describe potential exit strategies for a business. DOK2

12.9

Depth 1

Identify the purpose and worth of a business plan. DOK2

13.1

Depth 1

Apply a decision-making model to maximize consumer satisfaction when buying goods and services. DOK3

13.3

Depth 1

Interpret the differences in payment types, including debit cards, credit cards, prepaid cards, cash advances, and payday loans. DOK2

13.4

Depth 1

valuate services provided by financial institutions. DOK2

14.1

Depth 1

Understand the role accountants play in business and society. DOK1

14.2

Depth 1

Develop an understanding and working knowledge of an annual report and financial statements. DOK4

14.3

Depth 1

Complete the steps in the accounting cycle to prepare financial statements. DOK4

14.4

Depth 1

Analyze financial transactions. DOK4

15.1

Depth 1

Assess the financial condition and operating results of a company and analyze and interpret financial statements. DOK3

15.2

Depth 1

Develop a working knowledge of individual and business income tax procedures and requirements to comply with tax laws and regulations. DOK3

16.1

Depth 1

Using the Occupational Outlook Handbook, research available jobs across business sectors.

16.2

Depth 1

Analyze differences in online application requirements from a real job search.

16.3

Depth 1

Research and select a real job advertisement. DOK2

16.4

Depth 1

Demonstrate real-world interview skills led by the instructor and/or advisory/craft committee members. DOK2

16.5

Depth 1

Document project or activity artifacts in an ePortfolio according to the teacher-generated rubric.

1.1.a

Depth 2

Research workplace safety concerns involving equipment, ergonomics and workstation design, and the physical environment of a business. Present and discuss findings.

1.2.a

Depth 2

Use web-based resources to investigate The National Institute for Occupational Safety and Health (NIOSH) guidelines in the business environment to include the following:

1.2.b

Depth 2

Use written and/or verbal communication to explain how the above hazards can result when the demands of a job exceed a worker's capabilities.

1.3.a

Depth 2

Create a simple plan to assist a business in protecting information technology systems using:

1.4.a

Depth 2

Use a teacher-created web quest to identify ways CTSOs (e.g., Business Professionals of America [BPA], DECA, Inc., Future Business Leaders of America [FBLA], SkillsUSA, Technology Students Association [TSA]) enhance student leadership skills and explain how CTSOs nominate, elect, and evaluate student leaders.

2.1.a

Depth 2

In a teacher-led discussion, establish professional communication measures that include the following formats:

2.2.a

Depth 2

Investigate various technological means of communication for increasing the effectiveness of a business, including:

2.3.a

Depth 2

Collect, organize, and interpret ethical and socially responsible practices in business.

2.3.b

Depth 2

In student teams or a class discussion, brainstorm a list of ethical and socially responsible guidelines to implement within a new business.

2.4.a

Depth 2

Using lists created in competency 3.b., research the legality of each item according to the Department of Labor’s Equal Employment Opportunity Commission’s Youth at Work guidelines to include:

2.4.b

Depth 2

Develop a mock and/or real social media or school-wide campaign that briefly explains some of the above standards (e.g., hashtag X/Twitter effort, Facebook page, etc.).

2.4.c

Depth 2

Incorporate a cross-curricular lesson with academic or other CTE teachers.

2.5.a

Depth 2

Create a multimedia presentation detailing ethics and/or legal differences between domestic and international businesses that highlight cultural commonalities and differences.

2.6.a

Depth 2

Research to determine the pros and cons to using AI in a business setting.

2.6.b

Depth 2

Determine ways businesses can make ethical decisions related to emerging technologies.

3.1.a

Depth 2

Describe how households, firms, or governments use their productive resources (land, labor, capital, and entrepreneurship) to make economic decisions by analyzing common household goods.

3.1.b

Depth 2

Create an infographic that explains how each factor of production was utilized.

3.2.a

Depth 2

Identify the three basic economic questions:

3.2.b

Depth 2

Identify the four main economic systems:

3.2.c

Depth 2

Create a graph that evaluates the degree of government involvement in each economic system (command, market, mixed, and traditional) and have student teams debate which economic system is the best for the global economy.

3.3.a

Depth 2

Create a multimedia presentation that explores how behavior would be affected if minimum wages were increased by $5 per hour.

3.4.a

Depth 2

Discuss how the different theories of economics impact free market economies.

3.5.a

Depth 2

Using the Index of Economic Freedom, prepare a written report that compares the quality of life of one country, concentrating on the following qualities:

4.1.a

Depth 2

Using the PACED decision-making model, outline the five-step decision-making process. The PACED model is not about finding the correct choice for everybody; it is about making a careful, well-informed decision for yourself.

4.1.b

Depth 2

Using the steps in the PACED decision-making model and the competitive events available within your individual CTSO, create a chart that evaluates three events that you would like to pursue. The last step of reviewing your decision will occur after your individual CTSO competition.

4.2.a

Depth 2

Distinguish between sources of earned income and unearned income.

4.2.b

Depth 2

Discuss how income affects a person’s career decision-making process.

4.2.c

Depth 2

Identify various types of taxes paid on income.

4.2.d

Depth 2

Explore how employee benefits play into a person’s career decision-making.

4.3.a

Depth 2

Using web-based research tools (e.g., salary.com) of your choice, compare the average income of a specific career in a city in Mississippi to a city in another state.

4.3.b

Depth 2

Develop a cost-of-living comparison using salary versus living expenses for each location.

4.3.c

Depth 2

Create a multimedia presentation that reflects your research.

4.4.a

Depth 2

Research the ways personal income increases with additional education and training.

4.5.a

Depth 2

Create a multimedia presentation to include analysis of lifelong earning potential of someone with a high school diploma versus someone with advanced schooling and/or training.

4.6.a

Depth 2

Determine the essential components of a basic budget (income - expenses = savings or debt), and create a budget based on working and living in an individually selected area within the US.

4.7.a

Depth 2

Research the difference between short and long-term goals.

4.7.b

Depth 2

Understand each step of SMART goals to evaluate savings options.

4.8.a

Depth 2

Research various investment options to create a multimedia presentation on two or more of the following types of investments:

5.1.a

Depth 2

Based on research, create a storyboard, graphic novel, comic strip, mind map, timeline, or related visual representation that depicts the following elements:

5.1.b

Depth 2

Through a teacher-led discussion, identify and apply the following acts to various scenarios:

5.2.a

Depth 2

Use free online modules from third-party personal financial literacy courses to define, investigate, and determine how risk affects the potential for financial loss. Generate scores or certificates of completion if possible.

5.3.a

Depth 2

Define risk as the potential for loss and explore various consumer behaviors that would be considered no risk, moderate risk, and high risk.

5.3.b

Depth 2

Explore how consumers can choose to accept risk, reduce risk, or transfer the risk to others.

5.4.a

Depth 2

Create a graphic organizer to compare each insurance product.

6.1.a

Depth 2

Define the five economic utilities of goods and services, and then create two Venn Diagrams explaining the likes and differences of any two. Compare and contrast a total of four of the following (two for each Venn Diagram):

6.2.a

Depth 2

After conducting research on the market structures, write a report on the effect that each of the following has on price and the quantity of the goods and services produced.

6.3.a

Depth 2

Research a case involving antitrust violations and create a multimedia display or presentation to showcase the findings.

6.4.a

Depth 2

Research each of the economic decision-makers and create a graphic organizer that describes each role in the economy and how that role influences prices as buyers and/or sellers.

6.5.a

Depth 2

Participate in a competitive market game in which one group acts as sellers and the other group acts as buyers. In this game, students will see how price is influenced by the interactions between the two groups.

7.1.a

Depth 2

Construct a table analyzing three products you’ve bought in the past to utilize the marketing mix to include:

7.1.b

Depth 2

Acting as an industry professional (role-play), present a detailed proposal to a small local business that demonstrates the following elements:

7.2.a

Depth 2

Describe marketing functions and related activities by discussing the seven functions of marketing in interactive discussion groups.

7.2.b

Depth 2

Use presentation software to develop a pictogram that explains marketing to include the following terms:

7.2.c

Depth 2

Develop a sales campaign for a newly created product and apply various components of the seven functions of marketing.

7.3.a

Depth 2

Research three products. Based on research, use publication software to develop target market publications to include the following elements:

7.4.a

Depth 2

Investigate the costs associated with generating new customers by identifying whether the new customer is already a competitor's customer and determining why potential customers go to a competitor.

7.4.b

Depth 2

Determine the value of finding new customers by estimating the average amount of revenue that is generated by each new customer at an initial purchase and determine the lifetime gross revenue that a typical customer will generate. Create a display showcasing the lifetime value of the customer.

7.5.a

Depth 2

Based on research, initiate a student-led discussion on customer retention strategies and the importance of customer relationship marketing.

7.5.b

Depth 2

Choose a well-known business or company and create a short customer retention plan to include:

7.6.a

Depth 2

Conduct a political, economic, social, technological, legal, and environmental (PESTLE) analysis on a successful or failed global company.

7.6.b

Depth 2

Conduct a Strengths, Weaknesses, Opportunities, and Threats (SWOT) analysis on the same successful or failed company.

7.6.c

Depth 2

Produce a report analyzing internal and external forces on marketing for the selected company and post it in a digital format with a class discussion board.

7.7.a

Depth 2

Discuss the three fundamental steps in developing a marketing plan to include:

7.7.b

Depth 2

Evaluate five businesses from different industries to determine the direct and indirect competitors of each. Participate in a teacher/student discussion on the five businesses.

8.1.a

Depth 2

Explore online safety resources and/or training (e.g., Youth at Work by OSHA) and produce a report of a real-world setting that contains the following elements:

8.2.a

Depth 2

Research ergonomic workspace design and identify ergonomic issues from pictures that are presented to students.

9.1.a

Depth 2

Evaluate the impact of each of the tools the Federal Reserve uses to achieve the nation’s monetary policy goals and how it relates to the economic health of the US.

9.1.b

Depth 2

Define the inflation rate and discuss its effect on individuals and the overall economy.

9.1.c

Depth 2

Define the unemployment rate and discuss how it affects individuals and the overall economy.

9.2.a

Depth 2

Produce a simple product through a group activity to investigate the characteristics of productivity and determine how the rate of output correlates to the degree of productivity. Compare and contrast the results after incorporating the following changes:

9.3.a

Depth 2

Construct explanations of observed relationships between phases of the business cycle (contraction, expansion, peak, and recession) using examples of past technological successes (e.g., compact discs, videocassette recorder, pagers/beepers, etc.)

9.4.a

Depth 2

Research how inflation results from increases in a nation’s money supply that exceed increases in its output of goods and services in the long run. Create an infographic or other display to illustrate the relation of the amount of money in the economy to the level of inflation.

9.5.a

Depth 2

Based on research/evidence, develop a report analyzing a country that exports products to the US. Use data and statistics to justify an import policy dealing with that country.

9.5.b

Depth 2

Research protectionism and create a multimedia presentation discussing the pros and cons of including barriers to trade (tariffs, quotas, sanctions, and embargoes).

9.6.a

Depth 2

Research a country with which the US trades (imports/exports) and prepare a multimedia presentation that shows why there is economic interdependence among nations in the global economy.

10.1.a

Depth 2

In student groups, research the functions of management and communicate findings in multiple formats (verbally, graphically, textually, and/or mathematically). Include the following elements:

10.2.a

Depth 2

Determine how personal management skills affect employability and create a new employee training video that models proper practices of the following:

10.3.a

Depth 2

Research case studies analyzing unethical business behaviors to generate and compare multiple solutions; engage in a class debate regarding the optimal solution.

10.4.a

Depth 2

Classify and explain observed relationships between the following elements:

10.5.a

Depth 2

Research recent collective bargaining, mediation, and binding arbitration cases among well-known parties, such as major league sports, United Auto Workers (UAW), etc.

10.5.b

Depth 2

In an industry-simulated scenario, negotiate between an employer, labor union, and mediator (teacher) in which the labor union has 12 demands.

11.1.a

Depth 2

Evaluate the basic forms of ownership to create a graphic organizer to include the advantages and disadvantages for each of the following:

11.2.a

Depth 2

Research well-known cases of copyright infringement to determine if a student- generated creative work does or does not violate copyright law.

11.3.a

Depth 2

Analyze a modern manufacturing industry simulation to apply operations management principles and procedures to include:

11.3.b

Depth 2

Identify three management styles: autocratic, democratic, and laissez-faire.

11.4.a

Depth 2

Research modern businesses’ cultures relating to beliefs, assumptions, perceptions, thoughts, and feelings.

11.4.b

Depth 2

Create a mind map comparing the challenges faced during global relations.

11.5.a

Depth 2

Determine how financial health, social engagement, and corporate citizenship affect the long-term success of a business in terms of the triple bottom line, which includes:

11.5.b

Depth 2

Contact a local business and evaluate its business practices. Research and discuss how that business could make decisions to ensure the sustainability of the business and create a report making recommendations to the business on how it can implement some of the solutions.

12.1.a

Depth 2

Complete a free online entrepreneurship assessment and record your results in a discussion board format. Do you agree or disagree with the results? Why or why not?

12.1.b

Depth 2

Research characteristics of entrepreneurs and create a creative product that showcases the characteristics.

12.2.a

Depth 2

Complete a free online course that evaluates the opportunities, risks, advantages, and disadvantages of being an entrepreneur.

12.2.b

Depth 2

Communicate results of the online course in written or verbal form to show mastery of course content.

12.3.a

Depth 2

Recognize opportunities resulting from other peoples’ wants and perceived needs.

12.3.b

Depth 2

Generate solution ideas for products and/or services to meet consumers’ needs.

12.3.c

Depth 2

Brainstorm ideas for a new product or service.

12.3.d

Depth 2

Identify and evaluate consumer pains and problems through a customer discovery process (e.g., surveys, secondary research, etc.).

12.3.e

Depth 2

Refine an existing product or service based on opportunity gaps in the marketplace.

12.4.a

Depth 2

Describe the value proposition for a product or service solution.

12.5.a

Depth 2

Define prototyping.

12.5.b

Depth 2

Design a simplistic prototype (e.g., sketch, model, etc.).

12.5.c

Depth 2

Ask for feedback on a solution idea from a relevant stakeholder.

12.5.d

Depth 2

Define product life cycle.

12.5.e

Depth 2

Define customer validation.

12.5.f

Depth 2

Define minimum viable product (MVP) and describe its role and importance.

12.5.g

Depth 2

Analyze where the market stands in a product’s life cycle.

12.5.h

Depth 2

Develop a feedback summary report based on validation efforts.

12.6.a

Depth 2

Create a chart that details the advantages and disadvantages of the following:

12.7.a

Depth 2

Create a multimedia presentation identifying the advantages and disadvantages of each of the following:

12.8.a

Depth 2

Define exit strategies that are available for businesses.

12.8.b

Depth 2

Using teacher-created scenarios, determine if various businesses should sell their business or liquidate their assets.

12.9.a

Depth 2

Distinguish between the types of business plans, including LEAN Canvas and Pitch deck.

12.9.b

Depth 2

Create a graphic organizer that identifies and describes the following essential components of a business plan:

13.1.a

Depth 2

Research a product and apply the following decision-making model to that product to maximize consumer satisfaction:

13.1.b

Depth 2

Share the decision-making model on the product you picked on a discussion board (real or virtual) and respond to a minimum of two of your classmates’ posts.

13.2

Depth 2

Differentiate between the advantages and disadvantages of renting, leasing, and owning.

13.2.a

Depth 2

Develop, revise, or populate a graphical chart comparing the advantages and disadvantages of the following:

13.2.b

Depth 2

Using information from the graphical chart above, create a video and/or multimedia presentation explaining your renting, leasing, or owning plans.

13.3.a

Depth 2

Research the various payment types and create a multimedia presentation explaining the pros and cons of each of the following types:

13.4.a

Depth 2

Identify and discuss the following services:

13.4.b

Depth 2

Research the differences between types of financial institutions to develop a presentation comparing various services provided by three institutions (at least one bank, one credit union, and one online bank), explaining which you would choose.

13.4.c

Depth 2

Discuss the various responsibilities and steps involved in opening and using a checking account.

14.1.a

Depth 2

Research roles accountants play in different businesses to generate a report that includes:

14.2.a

Depth 2

Create a presentation (multimedia, poster, song, report, video, role play, etc.) based on research that explains in detail the following three main financial statements in accounting:

14.3.a

Depth 2

Apply each step of the basic accounting cycle to an existing account provided by the teacher or a local business to include:

14.4.a

Depth 2

Produce and interpret key financial documents, to include:

15.1.a

Depth 2

Establish a class business or fundraiser to determine financial conditions and create statements of the operation to include:

15.2.a

Depth 2

Using a free, online resource (e.g., IRS.gov’s “Understanding Taxes” Modules 1-13 for individual, FedReserve’s “Inside the Vault”, or EverFi), classify and connect types of taxes, laws, and regulations (listed below) to include completion of a Schedule C and 1040.

16.1.a

Depth 2

Develop a chart that compares the following elements:

16.3.a

Depth 2

Develop a cover letter to fit the job advertisement using terminology that reflects the culture and values specific to that company.

16.3.b

Depth 2

Create a resume with fabricated elements to fit the real job advertisement.

16.4.a

Depth 2

Use the list below as a guide for demonstrating interview skills.