Hiram High School Introduction to Business & Technology 2014-2015 Course Syllabus
Teacher Angela Johnson Room # 500 Email Address ajohnson@paulding.k12.ga.us
Teacher phone 770-443-1182
Teacher Support Edmodo.com
COURSE DESCRIPTION
Introduction to Business & Technology is the foundational course for the Administrative Support, Small Business Development, and Human Resources Management pathways. The course is designed for high school students as a gateway to the career pathways above, and provides an overview of business and technology skills required for today's business environment. Knowledge of business principles, the impact of financial decisions, and technology proficiencies demanded by business combine to establish the elements of this course. Emphasis is placed on developing proficient fundamental computer skills required for all career pathways. Students will learn essentials for working in a business environment, managing a business, and owning a business. The intention of this course is to prepare students to be successful both personally and professionally in an information-based society. Students will not only understand the concepts, but apply their knowledge to situations and defend their actions/decisions/choices through the knowledge and skills acquired in this course. Employability skills are integrated into activities, tasks, and projects throughout the course standards to demonstrate the skills required by business and industry. Competencies in the co-curricular student organization, Future Business Leaders of America (FBLA), are integral components of both the employability skills standards and content standards for this course.
Various forms of technologies will be highlighted to expose students to the emerging technologies impacting the business world. Professional communication skills and practices, problem-solving, ethical and legal issues, and the impact of effective presentation skills are taught in this course as a foundational knowledge to prepare students to be college and career ready. Introduction to Business & Technology is a course that is appropriate for all high school students. After mastery of the standards in this course, students should be prepared to earn an industry recognized credential: Microsoft Office Specialist for Word Core Certification. The pre-requisite for this course is advisor approval. FUTURE BUSINESS LEADERS OF AMERICA (FBLA)
FBLA is a co-curricular student organization that plays an integral part in the components of the Business & Technology course standards. FBLA activities are incorporated throughout this course and the rest of the Business and Computer Science courses. Students are strongly urged to join FBLA ($15) to benefit from the wealth of opportunities the organization has to offer.
COURSE CURRICULUM CONTENT
COURSE STANDARDS
IBT-1 Demonstrate employability skills required by business and industry.
IBT-2 Apply technology as a tool to increase productivity by creating, editing, and publishing industry-appropriate documents.
IBT-3 Master word processing software to create, edit, and publish professional-appearing business documents.
IBT-4 Analyze and integrate leadership skills and management functions within the business environment.
IBT-5 Demonstrate understanding of the concept of marketing and its importance to business ownership.
IBT-6 Use professional oral, written, and digital communication skills to create, express, and interpret information and ideas.
IBT-7 Demonstrate an understanding of entrepreneurship through recognizing a business opportunity, how to start a business based on the recognized opportunity, and basics of how to operate and maintain that business
IBT-8 Understand, interpret and use accounting principles to make financial decisions.
IBT-9 Develop effective money management strategies and understand the role and functions of financial institutions.
IBT-10 Research and interpret the various risks involved in operating a business while determining the role of insurance for a business.
IBT-11 Examine basic human resources and the legal aspects of a business while incorporating the methods into business practices.
IBT-12 Explore how related student organizations are integral parts of career and technology education courses through leadership development, school and community service projects, entrepreneurship development, and competitive events.
UNITS/TOPICS Semester 1:
1. Introduction to Technology 2. Word Processing Applications 3. Effective Communication Skills 4. Introduction to the World of Marketing Semester 2:
1. Leadership and Management 2. Accounting 101 3. Money Management Basics 4. Managing Risks 5. Introduction to Human Resources 5. Entrepreneurship and Business Ownership
INSTRUCTIONAL MATERIALS AND SUPPLIES
Published Materials Instructional Supplies
3-ring binder flash drive poster Paper Pen or Pencil Headphones
EVALUATION AND GRADING
Assignment Categories Grade Weights Grading Scale Classwork Final Exam Homework Midterm Exam Projects Quizzes Unit Tests Formative Assessments 20 % Daily Work Quizzes Homework Summative Assessments 60 % Projects Unit Tests Midterm Exam 20% Performance Objective Final Exam 20 % Performance Objective
A: 90 -100 B: 80 - 89 C: 70 - 79 F: 69 & below
OTHER INFORMATION
Expectations for Academic Success Additional Requirements/ Resources 1) Complete daily classwork assignments 2) Participate in discussions and ask questions 3) Participate constructively as a team member 4) Problem solve and accept challenges 5) Challenge yourself to continuously improve
This syllabus may be updated as needed throughout the semester.
BUSINESS MANAGEMENT AND ADMINISTRATION CAREER CLUSTER
INTRODUCTION TO BUSINESS & TECHNOLOGY - PACING GUIDE
Course Pacing Overview Duration (Weeks) Semester 1 - Unit/Topic Standard 3 Introduction to Technology IBT-1, IBT-2 4 Word Processing Applications IBT-1, IBT-2, IBT-3 3 Effective Communication Skills IBT-1, IBT-2, IBT-3, IBT-6, IBT-12 4 Introduction to the World of Marketing IBT-1, IBT-2, IBT-3, IBT-5, IBT-12 4 Entrepreneurship and Business Ownership IBT-1, IBT-2, IBT-3, IBT-7, IBT-12 Duration (Weeks) Semester 2 - Unit/Topic Standard
Legal Environment of Business addresses statutes and regulations affecting businesses, families, and individuals. All students will benefit with the knowledge of business law as they will eventually assume roles as citizens, workers, and consumers in their communities and in society at large.
Students will get an overview of business law while concentrating on the legal aspects of business ownership and management. Legal issues addressed include court procedures, contracts, torts, consumer law, employment law, environmental law, international law, ethics, and the role of the government in business. Students will not only understand the concepts, but will also apply their knowledge to situations and defend their actions, decisions, and choices.
Various forms of technologies will be highlighted to expose students to the emerging technologies impacting the business world. Professional communication skills and practices, problem-solving, ethical and legal issues, and the impact of effective presentation skills are expanded in this course to prepare students to be college and career ready. Employability skills are integrated into activities, tasks, and projects throughout this course to demonstrate skills required by business and industry. Competencies in the co-curricular student organization, Future Business Leaders of America (FBLA), are integral components of both the employability skills and content standards of this course.
Legal Environment of Business is the second course in the Entrepreneurship and Human Resources Management pathway in the Business Management & Administration Cluster. Students enrolled in this course should have successfully completed the first course in the pathway Introduction to Business & Technology
FUTURE BUSINESS LEADERS OF AMERICA (FBLA) FBLA is a co-curricular student organization that plays an integral part in the components of the Business & Technology course standards. FBLA activities are incorporated throughout this course and the rest of the Business and Computer Science courses. Students are strongly urged to join FBLA ($15) to benefit from the wealth of opportunities the organization has to offer.
COURSE CURRICULUM CONTENT
COURSE STANDARDS BMA-LEB-1: Demonstrate employability skills required by business and industry.
BMA-LEB-2: Compare and contrast the relationship between ethics and law for a business.
BMA-LEB-3: Explain and illustrate through simulation the process by which a legal dispute is resolved for a business and personal issue.
BMA-LEB-4: Investigate major crimes affecting business and the impact on a business.
BMA-LEB-5: Evaluate the use of tort law in a business setting.
BMA-LEB-6: Demonstrate an understanding of contractual relationships. BMA-LEB-7: Categorize, evaluate, and assess specific statutory/regulatory schemes impact on a business. BMA-LEB-8: Illustrate and defend the challenges of applying existing law to e-commerce. BMA-LEB-9: Research and summarize the influence of diverse cultures and customs on business practices while detailing awareness in business operations. BMA-ENT-10: Explore how related student organizations are integral parts of career and technology education courses through leadership development, school and community service projects, entrepreneurship development, and competitive events.
UNITS/TOPICS AND DURATION FOR INSTRUCTION Duration (Weeks) Unit/Topic Standard 2 Employability BMA-ENT-1 9 Ethics and The Law BMA-LEB-2 BMA-LEB-3 BMA-LEB-4 BMA-LEB-5 5 Operation Laws for Business BMA-LEB-6 BMA-LEB-7 BMA-LEB-8 1 International Law BMA-LEB-9 18 FBLA Integration (Every Week) BMA-ENT-10
INSTRUCTIONAL MATERIALS AND SUPPLIES
Published Materials Instructional Supplies 3-ring binder Paper Pen or Pencil Headphones
EVALUATION AND GRADING
Assignment Categories
Grade Weights
Grade Scale Classwork Final Exam Homework Midterm Exam Projects Quizzes Unit Tests Formative Assessments 60 % Daily Work Quizzes Homework
Summative Assessments 20 % Projects Unit Tests
Midterm Exam 20 % Performance Objective
Final Exam 20 % Performance Objective 100-90 A 89-80 B 79-70 C 69 and Below F
OTHER INFORMATION
Expectations for Academic Success Additional Requirements/ Resources 1) Participate in discussions and ask questions 2) Participate constructively as a team member 3) Complete daily classwork assignments 4) Problem solve and accept challenges 5) Challenge yourself to continuously improve
Hiram High School Entrepreneurship Course Number: 06.41610 2014-2015 Course Syllabus
How do you turn an idea into a business? Experience just that in this course! Entrepreneurship focuses on recognizing a business opportunity, starting a business, operating and maintaining a business. Students will be exposed to the development of critical thinking, problem solving, and innovation in this course as they will either be the business owner or individuals working in a competitive job market in the future. Integration of accounting, finance, marketing, business management, legal and economic environments will be developed throughout projects in this course. Working to develop a business plan that includes structuring the organization, financing the organization, and managing information, operations, marketing, and human resources will be a focus in the course. Engaging students in the creation and management of a business and the challenges of being a small business owner will be fulfilled in this course.
Various forms of technologies will be used to expose students to resources and application of business principles for starting, operating and maintaining a business. Professional communication skills and practices, problem-solving, ethical and legal issues, and the impact of effective presentation skills are enhanced in this course to prepare students to be college and career ready. Employability skills are integrated into activities, tasks, and projects throughout the course standards to demonstrate the skills required by business and industry. Competencies in the co-curricular student organization, Future Business Leaders of America (FBLA), are integral components of the employability skills standard for this course.
Entrepreneurship is the third course in the pathway in the Business Management & Administration Cluster. Students enrolled in this course should have successfully completed Introduction to Business & Technology and Legal Environment of Business. After mastery of the standards in this course, students should be prepared to take the end of pathway assessment in this career area. dent organization that plays an integral part in the components of the Business & Technology course standards. FBLA activities are incorporated throughout this course and the rest of the Business and Computer Science courses. Students are strongly urged to join FBLA $15 to benefit from the wealth of opportunities the organization has to offer.
COURSE CURRICULUM CONTENT
COURSE STANDARDS BMA-ENT-1: Demonstrate employability skills required by business and industry.
BMA-ENT-2: Relate concepts and processes associated with entrepreneurial success and the personal traits and behaviors associated with successful entrepreneurial performance. BMA-ENT-3: Use and model concepts, strategies, and systems needed to interact and present effectively to others. BMA-ENT-4: Apply fundamental business concepts that affect business decision making. BMA-ENT-5: Explain and detail legal form of business ownership and the impact of governments role on business. BMA-ENT-6: Understand and apply the basic economic principles and concepts fundamental to entrepreneurship. BMA-ENT-7: Develop a marketing plan to identify, reach, and retain customers in a specific target market. BMA-ENT-8: Analyze financial issues relating to successful business ownership.
BMA-ENT-9: Manage and operate a business (or simulate the management and operation) through daily tasks and activities of a small business. BMA-ENT-10: Research, develop, and present a business plan. BMA--ENT-11: Understand the concepts, systems, and strategies needed to acquire, motivate, develop, and terminate employees.
BMA-ENT-12: Explore how related student organizations are integral parts of career and technology education courses through leadership development, school and community service projects, entrepreneurship development, and competitive events.
UNITS/TOPICS AND DURATION FOR INSTRUCTION
UNITS/TOPICS DURATION Employability 2 weeks Introduction to Entrepreneurship 1 week Communication 2 weeks Entrepreneurship and Economy 3 weeks Market 1 week Finances 1 week Management 1 week Business Plan 5 weeks
INSTRUCTIONAL MATERIALS AND SUPPLIES
Published Materials Instructional Supplies 3-ring binder Paper Pen or Pencil Headphones
EVALUATION AND GRADING
Assignment Categories
Grade Weights
Grade Scale Classwork Final Exam Homework Midterm Exam Projects Quizzes Unit Tests Formative Assessments 20 % Daily Work Quizzes Homework
Summative Assessments 60 % Projects Unit Tests
Final Exam 20 % Performance Objective 100-90 A 89-80 B 79-70 C 69 and Below F
OTHER INFORMATION
Expectations for Academic Success Additional Requirements/ Resources 1) Participate in discussions and ask questions 2) Participate constructively as a team member 3) Complete daily classwork assignments 4) Problem solve and accept challenges 5) Challenge yourself to continuously improve
BUSINESS MANAGEMENT AND ADMINISTRATION CAREER CLUSTER ENTREPRENEURHSIP PACING GUIDE Duration (Weeks) Unit/Topic Standard 2 Employability BMA-ENT-1 1 Introduction to Entrepreneurship BMA-ENT-2 2 Communication BMA-ENT-3 3 Entrepreneurship and the Economy BMA-ENT-4 BMA-ENT-5 BMA-ENT-6 1 Marketing BMA-ENT-7 1 Finances BMA-ENT-8 1 Management BMA-ENT-9 5 Business Plan BMA-ENT-10 BMA-ENT-11 18 FBLA Integration (Every Week) BMA-ENT-12
Title/Topic Duration Employability 2 Weeks Standard Common Core Integration BMA-ENT-1: Demonstrate employability skills required by business and industry.
1.1: Communicate effectively through writing, speaking, listening, reading and interpersonal abilities.
1.2: Demonstrate creativity with multiple approaches to ask challenging questions resulting in innovative procedures, methods, and products.
1.3: Exhibit critical thinking and problem-solving skills to locate, analyze, and apply information in career planning and employment situations. 1.4: Model work readiness traits required for success in the workplace including integrity, honesty, accountability, punctuality, time management, and respect for diversity.
1.5: Apply the appropriate skill sets to be productive in changing, technological, and diverse workplace to be able to work independently, interpret data, and apply team work skills.
1.6: Present a professional image through appearance, behavior and language.
ELACC9-10SL1: Initiate and participate effectively in a range of collaborative discussions (one-on-one, in groups, and teacher-led) with diverse partners on grade 9-10 topics, texts, and issues, building on others ideas and expressing their own clearly and persuasively.
ELACC9-10SL2: Integrate multiple sources of information presented in diverse media or formats (e.g., visually, quantitatively, orally) evaluating the credibility and accuracy of each source.
Activities/Projects Career Project Create Resume Soft skills http://www.dol.gov/odep/topics/youth/softskills/softskills.pdf Dress for Success FBLA Integration FBLA Competition If a student Excels in this unit, suggest they consider competing in:
Notes The Purpose of this unit is increase student awareness in careers related to business and industry.
Title/Topic Duration Introduction to Entrepreneurship 1 Standard Common Core Integration BMA-ENT-2: Relate the concepts and processes associated with entrepreneurial success and the personal traits and behaviors associated with successful entrepreneurial performance
2.1: Explain the role of entrepreneur in their own business, the local community, and the economic development of the global market.
2.2: Categorize the characteristics of a successful entrepreneur, including the skills and ethical responsibilities
2.3: Differentiate the unique traits, behaviors, and processes that distinguish an entrepreneur from an employee or manager.
2.4: Connect the entrepreneurial success with personal traits and behaviors through analyzing successful entrepreneurs by identifying leadership style.
ELACC9-10SL1: Initiate and participate effectively in a range of collaborative discussions (one-on-one, in groups, and teacher-led) with diverse partners on grade 9-10 topics, texts, and issues, building on others ideas and expressing their own clearly and persuasively.
ELACC9-10SL2: Integrate multiple sources of information presented in diverse media or formats (e.g., visually, quantitatively, orally) evaluating the credibility and accuracy of each source.
Activities/Projects 1. Virtual Community Walk About (NFTE Activity): Using websites such as Google Maps and Walk Score, students will be able to investigate the number of different business types found in their town or neighborhood, and quickly compare to the number of businesses found in other towns or neighborhoods. (2.1) http://nfteconnect.org/virtual- community-walk 2. Thinking Map (Tree-Map) on the characteristics of a successful entrepreneur including the skills and ethical responsibilities (2.2) 3. Thinking Map (Double Bubble) students compare an Entrepreneur to an Employee and an Entrepreneur to a manager. (2.3) 4. Create a brochure on How to be a Successful Entrepreneur. Students must include personal traits and behaviors, various leadership styles, a brief description of an entrepreneur and self-assessment.
FBLA Integration FBLA Competition If a student Excels in this unit, suggest they consider competing in:
Notes The Purpose of this unit is expose students to the concepts of Entrepreneurship. Students will also explore the characteristics and traits needed to be a successful entrepreneur.
Title/Topic Duration Communication 2 Weeks Standard Common Core Integration BMA-ENT-3: Use and model concepts, strategies, and systems needed ELACC9-10SL1: Initiate and participate to interact and present effectively to others. effectively in a range of collaborative discussions (one-on-one, in groups, and teacher-led) with 3.1: Define and model importance of effective communication- oral, diverse partners on grade 9-10 topics, texts, and written and non-verbal- with staff and customers. issues, building on others ideas and expressing their own clearly and persuasively. 3.2: Demonstrate effective listening and speaking skills using proper grammar and appropriate vocabulary for target audience. ELACC9- 10SL2: Integrate multiple sources of information presented in diverse media or formats 3.3: Explore the impact of how to network with other business contacts (e.g., visually, quantitatively, orally) evaluating through work and social environments. the credibility and accuracy of each source.
3.5 Exhibit effective introduction of self and business to target market.
3.6 Demonstrate appropriate and effective questioning techniques (open-ended) to identify needs of prospective clients.
3.7 Present benefits to satisfy and exceed customer needs and model closing a deal.
3.8 Explore team dynamics, managing conflict, and handling difficult situations with customers, business contacts, and staff.
Activities/Projects 1. Use Communications unit on Soft Skills from the Department of Labor. http://www.dol.gov/odep/topics/youth/softskills/softskills.pdf 2. Choose any activity from Essortment website. http://www.essortment.com/teaching-good-communication-skills- classroom36140.html 3. Elevator Pitch activity (3.5)
FBLA Integration BAA Level: Business 6, 8, 10, 23, 30 FBLA Competition If a student Excels in this unit, suggest they consider competing in: Business Communications Help Desk Impromptu Speaking Job Interview Public Speaking I or II Client Services
Notes The Purpose of this unit is to explore communication through verbal, written and nonverbal avenues and how it is effectively used in business. Students will explore why communication is essential in a business.
Title/Topic Duration Entrepreneurship and The Economy 3 Weeks Standard Common Core Integration BMA-ENT-4 Apply fundamental business concepts that affect business decision making.
4.1 Explain how the Law of Demand, the Law of Supply, prices, and profits work to determine production and distribution in a market economy.
4.2 Explain how markets, prices, and competition influence economic behavior.
4.3 Give examples of how rational decision-making entails comparing the marginal benefits and the marginal costs of an action.
4.4 Model how business decisions are made while operating a successful business.
4.5 Assess opportunities for venture creation, global trends and opportunities, and feasibility of ideas for business venture.
4.6 Compare and contrast business activities with the impact on financial, human resources, risk, and strategic management.
4.7 Explore management styles and apply styles to personal traits of entrepreneur.
BMA-ENT-5 Explain and detail legal form of business ownership and the impact of governments role on business.
5.1 Compare and contrast legal forms of business ownership (sole proprietorship, partnership, corporation, S-corporation, LLC).
5.2 Analyze the four types of market structures in the United States economy: monopoly, oligopoly, monopolistic competition, and pure competition.
5.3 Describe the roles of government in a market economy and explain why government provides
BMA-ENT-6 Understand and apply the basic economic principles and concepts fundamental to entrepreneurship.
6.1 Explain economic concepts of scarcity, price, opportunity costs, supply and demand, forms of economic utility created by business activities, distinguishing between economic goods and services, and explain the factors of production. ELACC9-10SL1: Initiate and participate effectively in a range of collaborative discussions (one-on-one, in groups, and teacher-led) with diverse partners on grade 9-10 topics, texts, and issues, building on others ideas and expressing their own clearly and persuasively.
ELACC9-10SL2: Integrate multiple sources of information presented in diverse media or formats (e.g., visually, quantitatively, orally) evaluating the credibility and accuracy of each source.
6.2 Defend why limited productive resources and unlimited wants result in scarcity, opportunity costs, and tradeoffs for individuals, businesses, and governments.
6.3 Explain how specialization and voluntary exchange between buyers and sellers increase the satisfaction of both parties.
6.4 Compare and contrast current economic stability to determine what to produce, how to produce, and for whom to produce.
6.5 Predict the risk on future investing of the company based on new technology, health, education, and training of workforce.
6.6 Research and determine the impact of small businesses/ entrepreneurship has on market economieslocally, regionally, and globally.
6.7 Compare and contrast business to business transactions and business to consumer transactions.
Activities/Projects 1. Invention project 2. Thinking Map Double Bubble of multi-flow map (4.6) 3. Management style survey http://psychology.about.com/library/quiz/bl-leadershipquiz.htm 4. Its about Supply and Demand (see link) 5. Thinking Map (Tree map) on legal business forms 6. Group PowerPoint on Market Structures in the US economy 7. Create a brochure for a new business on the different types of Licenses, inspections, zoning laws, covenants, codes, and government regulations needed for type and location of business. FBLA Integration BAA Level: FBLA Competition If a student Excels in this unit, suggest they consider competing in: Economics Entrepreneurship Notes The Purpose of this unit is to bridge the gap between understanding the role that Entrepreneurs play in the Economy. Students will learn that business make up the economy and how these concepts are interconnected.
Title/Topic Duration Marketing 1 Week Standard Common Core Integration BMA-ENT-7 Develop a marketing plan to identify, reach, and retain customers in a specific target market.
7.1 Use market segmentation (behavioral, demographic, psychographic, and geographic differences) to define the target market.
7.2 Conduct market research to determine target market using primary and secondary data sources to locate information.
7.3 Establish a customer profile for specific business venture.
7.4 Compare advantages and disadvantages of different types of advertising mediums (social media, print, television, radio, free publicity, etc.).
7.5 Explain how to build community relations and provide examples of types of activities a business can explore to increase community involvement.
7.6 Create an advertising campaign to promote a business product or service.
7.7 Detail the importance of technology to business operations and performance.
7.8 Create a plan to increase market share considering the impact of competition, customer feedback, networking, selling on credit, etc.
7.9 Formulate a plan to maintain customer loyalty, response to customer concerns and ideas, and ability to track customers.
ELACC9-10SL1: Initiate and participate effectively in a range of collaborative discussions (one-on-one, in groups, and teacher-led) with diverse partners on grade 910 topics, texts, and issues, building on others ideas and expressing their own clearly and persuasively.
ELACC9-10SL2: Integrate multiple sources of information presented in diverse media or formats (e.g., visually, quantitatively, orally) evaluating the credibility and accuracy of each source.
Activities/Projects 1. Shrek Project (co-curricular project with ELA department) 2. Cereal Project 3. Begin Marketing Plan for Business Plan 4. Evas Edibles
FBLA Integration BAA Level: FBLA Competition If a student Excels in this unit, suggest they consider competing in: Marketing Notes The Purpose of this unit is expose students to the different Marketing mediums and how they are used in Business.
Title/Topic Duration Finances 1 Week Standard Common Core Integration BMA-ENT-8 Analyze financial issues relating to successful business ownership.
8.1 Define seed money, profit, fixed assets, variable assets, short and long term assets, short and long term liabilities, depreciation, cost vs. revenue and pro forma.
8.2 Analyze financial statements (Income Statement and Balance Sheet) and interpret the meaning of the statement for the business.
8.3 Evaluate the financial condition of a firm based on business records.
8.4 Research inventory tracking methods to ensure accurate inventory to maximize business profit
8.5 Compare and contrast common sources for funding a business.
8.6 Determine the best practice for keeping business records, technology influence of record keeping.
8.7 Identify taxes imposed on businesses (sales tax, unemployment tax, income tax, payroll tax, self-employment tax) and the impact on the business of expenses.
8.8 Identify insurance needed by businesses (workers compensation, liability, life/key person, health, and automobile).
8.9 Explain how the state of economy can affect the success of a business.
ELACC9-10SL1: Initiate and participate effectively in a range of collaborative discussions (one-on-one, in groups, and teacher-led) with diverse partners on grade 910 topics, texts, and issues, building on others ideas and expressing their own clearly and persuasively.
ELACC9-10SL2: Integrate multiple sources of information presented in diverse media or formats (e.g., visually, quantitatively, orally) evaluating the credibility and accuracy of each source.
Activities/Projects 1. Begin Financial plan for Business Plan 2. Vocabulary flash cards for terms 3. Analyze local chapters FBLA Income statement and Balance sheet 4. Ask accounting teacher to swap classes or help to create a project 5. Use school based enterprise to teach income statement, balance sheet, inventory control. 6. In groups create PPT on the different Taxes that impact businesses FBLA Integration BAA Level: FBLA Competition If a student Excels in this unit, suggest they consider competing in: Financial Plan Accounting I or II Notes The Purpose of this unit is expose students to the financial responsibilities, documents and tracking methods for business. Students will understand the purposes of documents and how taxes are imposed on businesses based on their Finances.
Title/Topic Duration Management 1 Week Standard Common Core Integration BMA-ENT-9: Manage and operate a business (or simulate the management and operation) through daily tasks and activities of a small business.
9.1 Use technology to implement computer skills and applications to maximize business operations.
9.2 Create business goals, a vision, and a mission statement that will guide the operations of the business decisions.
9.3 Manage the image of the business by critiquing the logo, slogan, online, and social presence of the business.
9.4 Research safe business practices and overview of OSHA regulations for a particular career area and state the importance and legal rational for maintaining a safe business environment. 9.5 Explain product liability and the impact on the business.
9.6 Develop policies to ensure a productive work environment and strategies to motivate employees.
9.7 Explain importance of having documented policies and practices to operate a business.
9.8 Model the practice of operating a business based on plan of financial success.
9.9 Develop and document expectations for operating a business including but not limited to financial records, purchasing records, inventory controls, and technology use.
9.10 Simulate or operate small business daily operations.
ELACC9-10SL1: Initiate and participate effectively in a range of collaborative discussions (one-on-one, in groups, and teacher-led) with diverse partners on grade 910 topics, texts, and issues, building on others ideas and expressing their own clearly and persuasively.
ELACC9-10SL2: Integrate multiple sources of information presented in diverse media or formats (e.g., visually, quantitatively, orally) evaluating the credibility and accuracy of each source.
Activities/Projects 1. Run a School Based Enterprise 2. Operate a fundraiser for FBLA in a Business manner 3. Host a Market Day 4. Field Trip to a company 5. Business Plan for Student Business of Choice 6. EVERFI Venture online Program FBLA Integration BAA Level: FBLA Competition If a student Excels in this unit, suggest they consider competing in: Entrepreneurship Management Decision Making Notes The Purpose of this unit is to introduce students to the concepts of how to operate and management a business through simulations. Students can run a school based enterprise, host a market day or have an FBLA fundraiser that operates in a business-like manner.
Title/Topic Duration Business Plan 5 Weeks Standard Common Core Integration BMA-ENT-10: Research, develop, and present a business plan.
10.1 Complete a needs analysis.
10.2 Plan the product or service for a business by identifying the resources and costs needed to produce a specific product or service.
10.3 Prepare a marketing strategy.
10.4 Describe the business venture in a company overview.
10.5 Describe the business environment and competition.
10.6 Identify financial considerations and project the total cost needed to start a business (i.e. start-up costs, ongoing operational expenses, and cash reserves).
10.7 Develop a financial plan for a business, including start-up costs and pro forma financial statements (Profit & Loss and Income Statement).
10.8 Develop an operations plan for a business.
10.9 Write an executive summary.
10.10 Present the business plan.
10.11 Critique the effectiveness of a business plan for a specific business.
BMA-ENT-11: Understand the concepts, systems, and strategies needed to acquire, motivate, develop, and terminate employees.
11.1 Define the culture and demographics of a specific business and outline the type of employee needed for successful business operation.
11.2 Create a hiring plan for accepting applications, interviewing, and hiring employees.
11.3 Develop a work schedule for employees.
11.4 Identify valid reasons for an employee to be fired.
11.5 Demonstrate appropriate ways to fire/dismiss an employee.
11.6 Develop a plan for training and evaluating employees.
11.7 Complete a needs assessment for job types for a particular business.
ELACC9-10SL1: Initiate and participate effectively in a range of collaborative discussions (one-on-one, in groups, and teacher-led) with diverse partners on grade 910 topics, texts, and issues, building on others ideas and expressing their own clearly and persuasively.
ELACC9-10SL2: Integrate multiple sources of information presented in diverse media or formats (e.g., visually, quantitatively, orally) evaluating the credibility and accuracy of each source.
FBLA Friday Activity Future Awards Activity #6
1. Using the internet define service organization: _____________________________
2. Locate the website of a service organization in our community: (Salvation Army, Goodwill, Red Cross, Optimist Club, Lions Club, Meals on Wheels, Hospice).
www.___________________________________.
3. When and where was the organization founded? ______________________________
Open a Word document and write a double spaced one-page report about this organization. Save the document as Future Award Activity #6. Be sure to include your name and use the spelling/grammar checker. Prepare to share key points with the class.
FBLA Friday Activity Future Awards Activity #12
1. Student will list 4 strengths they possess. 2. Students will review and write one weakness that they think, with help, they could improve. 3. Students will open a Word document and type a 100 word report about their Weakness and give ways to improve that weakness. Students will save it as Future Business Award Activity #12. FBLA students will print a copy out for their FBLA file.
Long Term Project
ENTREPRENEURSHIP Students will develop a business plan for a retail or service business that will be part of a new mall. Every student in the class (or teams of 2 to 3) will be responsible for all portions of the comprehensive plan that covers everything including setting goals and writing a mission statement, developing the marketing plan, defining operating procedures and researching start-up costs and other financial information. Students will use a variety of internet resources to develop their plan. When complete, students should have a plan that can be presented for FBLA competition or even presented to potential investors. The plans should be professionally written and include a variety of graphic elements to make the plans informative, interesting and eye-catching.
Time: This project is a long-term project that can be completed in consecutive class periods or broken up and each section of the project completed as parts of other units. This project can be complete in 20 25 50 minute class periods.
Notes to the Teacher A good way to get students to take ownership of this project is to create a model mall in the classroom. This can be done using shoe boxes or mailing boxes as each students store. Students can decorate their boxes, create logos and design floor layouts for their business.
STANDARDS: All standards will be covered for Entrepreneurship.
UNDERSTANDING AND GOALS
Unit Understandings, Themes, and Concepts: Students will learn all of the different aspects of operating a small business. Students will understand the importance of professional writing for a particular audience such a business plan for potential investors. Students will understand the importance of planning. Students will understand the significance of situation analysis and how to apply this analysis to their plan
Primary Learning Goals: Essential Questions: What does it take to be an entrepreneur? What type of goods and services do consumers in our community need/ want? How do consumers in our community obtain the goods and services they need/want? What type of business will you open? How will you organize the ownership of your business? What are the legal/financial ramifications of your choice of business ownership? What are the functions of management? Who will operate your business and what are their specific duties and responsibilities? What is a chain of command? What procedures must you have in place in order for your business to succeed? Who is your customer? How might your customer spend their money elsewhere? Who are your direct and indirect competitors? How is your business different from your competitors? What is a SWOT analysis? What do you want consumers to know the most about your business? How will you tell them? How can advertising be used effectively to reach your customer? How much does it cost to start your business? When will you make your first $1,000,000? What does the saying you must first spend money, to make money mean? Is it true? What does the executive summary tell a potential investor? How can you make your business plan and presentation informative and exciting for the audience?
Assessment Title: Business Plan rubric & Business Plan Presentation Rubric (included in attachment)
Description/Directions: This project is a long-term project that requires the students to write a professional business plan. The plan has been broken down into smaller chunks so students do not get overwhelmed. Students need to be introduced to a topic via class discussion, lecture, text or sba.gov tutorial and then complete each worksheet portion by hand to create a draft of their plan. The teacher must keep the students conscious of the fact that they are writing a comprehensive plan, so students do contradict themselves in different sections of the plan. Students may start assembling the parts of their plan at any time during the project to help maintain consistency. A rubric has been included for both the written plan and a presentation of the plan this will help both the students and the teacher stay on track and know what is expected. To give the project the importance such a large and comprehensive project requires, students should be given the opportunity to display their final products, either through having the plans bound, participating in a special presentation day of even entering the plans into FBLA competition. Due to the variety of class times and scheduling from school to school, this project has been developed for wide interpretation of duration and scope. The project uses a mall that is placed in Dallas, GA - a small hamlet in NW Georgia please alter this detail to fit the needs of your community.
Web Resources: www.sba.gov excellent resource for both student research and free multimedia tutorials that can be used to teach the standards