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COURSE: Small Business ManagementGRADE(S): 10-12UNIT: Entrepreneurship and the EconomyApplysmaking decisionsanvLevel 1Expectations:Define what is meant bycostaserviceDefine what is meant bypriceaserviceDescribeintionshipLevel 2Expectations:Explainssupply and demandExplainsupply and demands intpriceDescribedifference betfixed costs and variable costsDescribeimpactvariable costspricingLevel 3Expectations:Compare andypesstitand monopoly)ExplainstpriceEstablish pricesSTATE STANDARDS: Business Education To develop an appreciation for the importance of recognizing and acting onnew business opportunities.UNIT OBJECTIVES: Describe market and economies Define the concept of supply and demand Explain the effects of market structure on price Describe the functions of a business in a market economy Identify various types of costs Discover how costs affect the prices entrepreneurs charge Define monopoly, oligopoly and pure competitive marketACTIVITIES:ASSESSMENTS: Pre-Test Teacher observation Guided practice Quizzes Projects Worksheets/Handouts Practices, problems, and projects Enrichment and Challengeproblems Tests SimulationsREMEDIATION/MODIFICATION:
nce –– AssignmentsPeriodicalsEnts and activitiesand Small Business2006, Glencoe,andAssignments Extended focus - challengeAdds
COURSE: Small Business ManagementGRADE(S): 10-12UNIT: Business PlanningDevelop a business planLevel 1ExpectatDescribe why businesses must planDevelop a plana specific evLevel 2ExpectatDefineandplanningSelect a specific evand identifyandplanningactivitiesIdentify majorsa business planDescribeusea business planLevel 3ExpectatioIdentifybe included in eacha business planIdentify sourcesbe included inbusiness planDevelop a business plana planned businessLevel 4Expectataablestablishia planned busiSTATE STANDARDS: Business Education To develop an appreciation for the importance of recognizing and acting onnew business opportunitiesUNIT OBJECTIVES: Explain the purpose of writing a good business plan Examine seven basic elements of a business plan Recognize what additional elements of a business plan might be needed Research and create a business planACTIVITIES:ASSESSMENTS: Guided practice Teacher observation Projects Quizzes Enrichment and Challenge problems Worksheets/Handouts Simulations Practices, problems, and projects TestsRESOURCES: InternetREMEDIATION/MODIFICATION: Periodicals Assistance – Teacher/peer Teacher created notes, Adjustment – Length/breadth
Ents and activitiesand Small Business2006, Glencoe,– AssignmentsandAssignments Extended focus - challengeAdds
COURSE: Small Business ManagementGRADE(S): 10-12UNIT: Legal Issues Related to BusinessNATIONAL BUSINESS EDUCATION ASSOCIATION STANDARDS:Achievement Standard: Analyze how forms of business ownership, governmentregulations and business ethics affect entrepreneurial ventures.Level 1 Performance Expectations: Identify differences between a sole proprietorship and a partnership Discuss honest and dishonest business practicesLevel 2 Performance Expectations: Define a corporation and explain how it differs from a sole proprietorship and apartnership Define and give examples of franchising Describe special types of business ownership (e.g., S corporations andcooperatives) Define ethics and identify common ethical issues that entrepreneursencounter Demonstrate ethical behavior in small group situationsLevel 3 Performance Expectations: Describe the advantages and disadvantages of owning a franchise Describe the relationship between franchising and other forms of businessownership Compare and contrast advantages and disadvantages of various forms ofbusiness ownershipSTANDARDS: Business Educationdevelop an appreciatimportanceand actingbusinessies.OBJECTIVES:Identify advages and disadvagespurchasing an existing business asopposeda stup companyDefine ypesbusiness ownership: franchise, partnership, soleSandExamine benefits and disadvagesbusiness ownership: franchise,partnership, soleSandEvaluathical issues in businessDescribepurposefederalions set bySEC,and Safetyand Fair Labors andards
ACTIVITIES: Guided practice Projects Enrichment and Challenge problems SimulationsRESOURCES: Internet Periodicals Teacher created notes,handouts and activities Entrepreneurship and Small BusinessManagement, 2006, Glencoe, Inc.ASSESSMENTS: Teacher observation Quizzes Worksheets/Handouts Practices, problems, and projects Simulations TestsREMEDIATION/MODIFICATION: Assistance – Teacher/peer Adjustment – Length/breadth Alternative – AssignmentsENRICHMENT and DIFFERENTIATION Alternative· Assignments - length· Extended focus - challenge Additional· Problems/Projects
COURSE: Small Business ManagementGRADE(S): 10-12UNIT: Marketing and Market AnalysisNATIONAL BUSINESS EDUCATION ASSOCIATION STANDARDS:Achievement Standard: Analyze customer groups and develop a plan to identify,reach, and keep customers in a specific target market.Level 1 Performance Expectations: Determine the wants of specific customers Determine potential buyers of specific products at various price levels Identify elements of marketing (e.g., product, place, price and promotion) Create promotional activities for a given productLevel 2 Performance Expectations: Define and give examples of target markets for specific products Discuss factors that affect pricing Select/prepare appropriate advertising activities for a businessLevel 3 Performance Expectations: Use primary and secondary data sources to locate information about potentialtarget markets Design a marketing plan for a business (include the Internet and otheremerging technologies if appropriate)Level 4 Estimate market share for a specific product or serviceSTATE STANDARDS: Business Education To develop an appreciation for the importance of recognizing and acting onnew business opportunities.UNIT OBJECTIVES: Identify a target market Research a market using primary and secondary data Determine direct and indirect competitors strengths and weaknesses todetermine potential market share Identify pricing strategies Describe promotional strategies Create a promotion for a business Create a marketing plan for a businessACTIVITIES:ASSESSMENTS: Guided practice Teacher observation Projects Quizzes Enrichment and Challenge problems Worksheets/Handouts
ices, problems, andsstsPeriodicalsAdEnts and activitiesand Small Business2006, Glencoe,nce ––– AssignmentsandAssignments Extended focus - challengeAdds
COURSE: Small Business ManagementGRADE(S): 10-12UNIT: Financing and Managerial AccountingUsefinancial competencies needed by anLevel 1ExpectatiIdentifycostsproducing a specificListsourceswhichExamine a/loss statLevel 2Expectations:Detcostsa plad b sinExplainadvages and disadvagesDescribe whyanalysisfinancial statLevel 3Expectations:Discuss ypesfunding within eachand credit line)Calculatsbe soldanalysiscana business isssprimary sourcess is importmake aablebusinessusing break-evSTATE STANDARDS: Business Education To develop an appreciation for the importance of recognizing and acting onnew business opportunities.UNIT OBJECTIVES: Conduct a feasibility analysis on a business Describe the ways in which business attain financing Create a budget Keep journals, ledgers and other types of important business records Learn about electronic record keeping Demonstrate an understanding of balance sheets, income statements, andcash flow statements Conduct a break-even analysisACTIVITIES:ASSESSMENTS: Guided practice Teacher observation Projects Quizzes Enrichment and Challenge problems Worksheets/Handouts Practices, problems, and projects Simulations TestsRESOURCES: InternetREMEDIATION/MODIFICATION:
PeriodicalsEnts and activitiesand Small Business2006, Glencoe,nce –h/b– AssignmentsandAssignments Extended focus - challengeAdds
COURSE: Small Business ManagementGRADE(S): 10-12UNIT: Human Resource ManagementDevelop a management plananveLevel 2Expectations:Identify skills and qualities neededExplainimportanceivspecific jobs andleadership andmembersaEstablishuseachieva personal visionLevel 3Expectations:Diagramional sta planned businessDesig hiringa specific job,initialadvfinal interviewDevelop job descriptionspositions in a planned businessDescribe waysivIdentify practicesanLevel 4Expectations:Appraise employeeApplyiv leadership andivsmallsitSTATE STANDARDS: Business Education To develop an appreciation for the importance of recognizing and acting onnew business opportunities.UNIT OBJECTIVES: Describe hierarchy and create a hierarchy for a business Examine the hiring process of: Recruiting, interviewing and hiring staff Examine advantages and disadvantages of outsourcing Determine the amount of pay for employees Identify benefits costs for employees Describe desirable leadership qualities and management style Examine motivational techniques for employees Identify ways to evaluate employeesACTIVITIES:ASSESSMENTS: Guided practice Teacher observation Projects Quizzes Enrichment and Challenge problems Worksheets/Handouts Simulations Practices, problems, and projects
stsPeriodicalsAdEnts and activitiesand Small Business2006, Glencoe,nce ––– AssignmentsandAssignments Extended focus – challengeAdds
COURSE: Small Business Management GRADE(S): 10-12 UNIT: Entrepreneurship and the Economy STATE STANDARDS: Business Education To develop an appreciation for the importance of recognizing and acting on new business opportunities. . Ent and Small
