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