What will you learn in unit 1?
Identify the role of business in society
Explain the different types of businesses
Differentiate among types of business ownership
Compare organizational and structural functions of business
What will you learn in unit 2?
Classify types of business that market goods and services
Identify types of retailers and suppliers
Explain the significance of free enterprise
Describe the role of wholesalers
What will you learn in unit 3?
Describe the concept of economies and economic systems
Differentiate among economic systems
Explain the principles of supply and demand
Identify the function of prices in the market
What will you learn in unit 4?
Discuss factors impacting business profit, revenue, and expenses
Explain elements that impact profit
Analyze the benefits of specialization of labor
Demonstrate the benefits of division of labor
What will you learn in unit 5?
Define and distinguish ethical practices in business
Recognize and respond to ethical dilemmas
Compare and contrast moral and legal issues in the workplace
Analyze the benefits of sustainable practices
What will you learn in unit 6?
Debate and evaluate the importance of international trade to the US economy
Critique the role of business in a global society
Compare domestic and world trade
Analyze the impact of imports and exports on the US economy
Critique the benefits and drawbacks of protectionism including tariffs
What will you learn in unit 7?
Determine the relationship between government and business
Differentiate among the roles of government in business
Articulate the role of organized labor
Analyze different types of risk
What will you learn in unit 8?
Evaluate and critique information literacy skills implemented to improve productivity in the workplace
Identify the ways technology impacts business
Discuss the significance of data mining for businesses
Articulate appropriate security and privacy practices in business