BE620 - BUSINESS MANAGEMENT
Course: BE620 - Business Management
Grade: 11, 12
Subject Area: Business
Type: Standard
Credits: 0.5
Course Information:
Students will be provided with opportunities to design and develop a business from concept to creations. This course is designed for students who wish to concentrate on strategies for career development through ownership/management of their own business. Emphasis will be placed on planning, organizing, developing, and managing the daily operations of a business. Specifically, students will develop competencies in decision-making, long-range planning, effective communication, accountability, and responsibility. Although individual skills are emphasized, the focus of the course is on development of a business plan, including the following: determination of the type of business enterprise, legal considerations, location selection, financing, steps in getting the enterprise started, marketing strategy, and interaction with successful entrepreneurs.
Outcomes:
Identify basic micro and macro economic concepts (i.e., supply and demand, leading economic indicators, business cycle, and economic cycle) and demonstrate their relationship to business operations
Describe management roles, functions, skills, and values
Interpret basic financial statements (cash flow, income statement, and balance sheet) and relate financial information to business decisions
Review legal issues (e.g., harassment, employee rights, privacy, drug testing, labor disputes, discrimination, and substance abuse) and assess the potential
Compose a complete business plan for a new start up opportunity