LAC 28:LXXI.503. Strand 1.0: Business, Management, and Entrepreneurship

A. Standard 1.1―Demonstrate an understanding of business fundamentals. Benchmarks | Academic Cross-References | Foundation Skills | SCANS Skills 1. Describe marketing functions. 2. Explain marketing and its importance in a global economy. 3. Research the role of business in society. 4. Classify the types of business activity. 5. Analyze the concept of management. 6. Identify and compare the types of business ownership. 7. Explore ways technology affects business. 8. Evaluate ways business is regulated by government. | ELA 1-1, 3, 4, 5 2-1, 6 3-1, 2, 3 4-1, 2, 3, 4, 5, 6 5-1, 2, 3, 4, 6 7-1, 2, 4 Science SI-A-1, 2 SI-B-4, 5 PS-D-7 PS-F-1 SE-B-6 Math N-1, 2, 3, 4, 5, 6, 7 A-1, 3, 4 M-1, 2, 3, 4 D-1, 6, 7 G-1, 6 Social Studies C-1A-1, 2, 3, 4, 5, 6, 7 C-1C-1 E-1A-1, 2, 3, 4, 5, 6, 7 E-1B-1, 2, 3, 4, 5, 6 E-1C-1, 2, 3, 4 H-1B-9, 11, 12 H-1C-7, 11, 15 | 1, 2, 3, 4, 5 | Competencies Resources Information Interpersonal Skills Systems Technology Foundations Basic Skills Thinking Skills Personal Qualities B. Standard 1.2―Analyze business risk. Benchmarks | Academic Cross-References | Foundation Skills | SCANS Skills 1. Explore the types of business risk. 2. Define and interpret the role of insurance. 3. Identify security and safety policies and procedures. 4. Explain the role of risk management. | ELA 1-1, 3, 4, 5 2-1, 6 3-1, 2, 3 4-1, 2, 3, 4, 5, 6 5-1, 2, 3, 4, 6 7-1, 2, 4 Science SI-A-1, 2 SI-B-4, 5 PS-D-7 PS-F-1 SE-B-6 Math N-1, 2, 3, 4, 5, 6, 7 A-1, 3, 4 M-1, 2, 3, 4 G-1, 6 D-1, 6, 7 | 1, 2, 3, 4, 5 | Competencies Resources Information Interpersonal Skills Systems Technology Foundations Basic Skills Thinking Skills Personal Qualities C. Standard 1.3―Demonstrate an understanding of the fundamental functions of marketing management. Benchmarks Academic | Cross-References | Foundation Skills | SCANS Skills 1. Demonstrate an understanding of the concept of management. 2. Analyze management's leadership role in business. 3. Analyze the financing and controlling function. 4. Understand the components of a business plan. | ELA 1-1, 3, 4, 5 2-1, 6 3-1, 2, 3 4-1, 2, 3, 4, 5, 6 5-1, 2, 3, 4, 6 7-1, 2, 4 Science SI-A-1, 2 SI-B-4, 5 PS-F-1 SE-B-6 Math N-1, 2, 3, 4, 5, 6, 7 A-1, 3, 4 M-1, 2, 3, 4 G-1, 6 D-1, 6, 7 | 1, 2, 3, 4, 5 | Competencies Resources Information Interpersonal Skills Systems Technology Foundations Basic Skills Thinking Skills Personal Qualities