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Developed by Developed for The components of this instructional framework were developed by the following curriculum development panelists: John F. Berry, President and CEO, Richmond Region Tourism, Richmond Jessica Catley, Instructor, Blacksburg High School, Montgomery County Public Schools Julliet Coates, Instructor, Advanced Career Education Center at Hermitage, Henrico County Public Schools Connor Dolson, Assistant Manager of Capstone Programs, Junior Achievement of Central Virginia, Richmond Karen Harden, Instructor, Goochland Middle School, Goochland County Public Schools Chris Houlihan, Vice President, Richmond Historic Haunts, Richmond Leslie Jones, Financial Education Program Analyst, Consumer Financial Protection Bureau, Washington, D.C. Whitney Milbourne, Instructor, Orange County High School, Orange County Public Schools Yvonne Mullins, Instructor, Midlothian High School, Chesterfield County Public Schools Mark Murray, Instructor, Freedom High School, Loudoun County Public Schools Sheron Myers, Senior Financial Education Specialist, Virginia Credit Union, Richmond Danny Rubin, Owner, Rubin Education, Virginia Beach Sandra Tucker, Instructor, Rock Ridge High School, Loudoun County Public Schools Heather VanDyke, Instructor, Briar Woods High School, Loudoun County Public Schools Tawana Watson, Instructor, Henrico High School, Henrico County Public Schools Wendy Williams, Market Research Consultant, Business Development-Independent Contractor, Chantilly Correlations to the Virginia Standards of Learning were reviewed and updated by: Leslie R. Bowers, English Teacher (ret.), Newport News Public Schools Principles of Business and Marketing http://dave:8080/++skin++retail/verso/business_and_information_techno... 2 of 226 9/19/2019, 2:34 PM

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Developed by

Developed for

The components of this instructional framework were developed by the following curriculum developmentpanelists:

John F. Berry, President and CEO, Richmond Region Tourism, RichmondJessica Catley, Instructor, Blacksburg High School, Montgomery County Public SchoolsJulliet Coates, Instructor, Advanced Career Education Center at Hermitage, Henrico CountyPublic SchoolsConnor Dolson, Assistant Manager of Capstone Programs, Junior Achievement of CentralVirginia, RichmondKaren Harden, Instructor, Goochland Middle School, Goochland County Public SchoolsChris Houlihan, Vice President, Richmond Historic Haunts, RichmondLeslie Jones, Financial Education Program Analyst, Consumer Financial Protection Bureau,Washington, D.C.Whitney Milbourne, Instructor, Orange County High School, Orange County Public SchoolsYvonne Mullins, Instructor, Midlothian High School, Chesterfield County Public SchoolsMark Murray, Instructor, Freedom High School, Loudoun County Public SchoolsSheron Myers, Senior Financial Education Specialist, Virginia Credit Union, RichmondDanny Rubin, Owner, Rubin Education, Virginia BeachSandra Tucker, Instructor, Rock Ridge High School, Loudoun County Public SchoolsHeather VanDyke, Instructor, Briar Woods High School, Loudoun County Public SchoolsTawana Watson, Instructor, Henrico High School, Henrico County Public SchoolsWendy Williams, Market Research Consultant, Business Development-Independent Contractor,Chantilly

Correlations to the Virginia Standards of Learning were reviewed and updated by:

Leslie R. Bowers, English Teacher (ret.), Newport News Public Schools

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Vickie L. Inge, Mathematics Committee Member, Virginia Mathematics and Science CoalitionAnne F. Markwith, New Teacher Mentor (Science), Gloucester County Public SchoolsMichael Nagy, Social Studies Department Chair, Rustburg High School, Campbell County PublicSchools

The framework was edited and produced by the CTE Resource Center:

Nathan K. Pope, Writer/EditorKevin P. Reilly, Administrative Coordinator

Virginia Department of Education Staff

Sharon W. Acuff, Specialist, Marketing and Related ClustersJudith P. Sams, Specialist, Business and Information Technology and Related Clusters

Dr. Tricia S. Jacobs, CTE Coordinator of Curriculum and InstructionDr. David S. Eshelman, Director, Workforce Development and Initiatives

George R. Willcox, Director, Operations and Accountability

Office of Career, Technical, and Adult EducationVirginia Department of Education

Copyright © 2019

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Cluster, pathway, and occupation information, as updated in the APG and CPG, will appearhere.

Template material omitted: A general description of the elements of a course framework and linksto generally applicable Web resources appear here.

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Suggested Grade Level: 9 or 10Prerequisites:

NEW for 2019:Students discover the roles of business and marketing in the free enterprise system and the global economy.Students examine basic financial concepts of banking, insurance, credit, taxation, and investments to providea strong background for making sound decisions as consumers, wage earners, and citizens. The real-worldeffects of technology, effective communication, and interpersonal skills is evident throughout the course. Thiscourse also supports career-development skills and explores career options.

Note: This course may be offered to middle school students for high school credit if approved by the localschool division.

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Banking and Related Services Assessment (NOCTI)Business Financial Management Assessment (NOCTI)Concepts of Entrepreneurship and Management Examination (ASK Institute, DECA-MarkED)Concepts of Finance Examination (ASK Institute, DECA-MarkED)Financial Literacy Certification (WISE)Financial and Investment Planning Assessment (NOCTI)Fundamental Business Concepts (ASK Institute)IC3 Certification-applies to 36-week course only (Certiport)Virginia Workplace Readiness Assessment (NOCTI) and IC3 Certification (Certiport)

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For the indicated course(s):

TaskNumber

6115 6116 Tasks/Competencies

Understanding the Role of Economics in a Global Economy

001 Identify the difference between needs and wants.

002 Explain the three basic economic questions answered by any economy.

003 Distinguish among the factors of production.

004 Explain the relevance of scarcity to economics.

005 Describe a decision-making process.

006 Identify characteristics of free enterprise.

007Explain supply, law of supply, demand, law of demand, and economicequilibrium.

008 Describe the effect of supply and demand on a free enterprise system.

009 Compare economic systems.

010Explain the positive and negative effects of emerging economies on theglobal market.

011 Define the phases of the business cycle.

012 Identify the measures or indicators of economic activity.

013 Describe possible outcomes and other important aspects of world trade.

Exploring the Core Concepts of Business and Marketing

014 Identify the four types of businesses.

015 Compare major types of business ownership.

016 Identify the functions of management.

017 Compare leadership styles.

018 Explain the marketing concept.

019 Describe the marketing functions.

020 Define target market.

021 Explain market segmentation.

022 Use market segmentation to identify a target market.

Template material omitted: General material used to introduce the task list has been omitted.

Tasks/competencies designated by plus icons ( ) in the left-hand column(s) are essential

Tasks/competencies designated by empty-circle icons ( ) are optional

Tasks/competencies designated by minus icons ( ) are omitted

Tasks marked with an asterisk (*) are sensitive.

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TaskNumber

6115 6116 Tasks/Competencies

023 Describe the elements of the marketing mix.

024 Describe the steps of the selling process.

025 Explain the purpose of market research.

Exploring Interrelated Social, Environmental, and Ethical Responsibilities

026Determine the social responsibilities of a business to the community andof the community to a business.

027Determine the environmental responsibilities of a business to thecommunity and of the community to a business.

028 Identify ethical and unethical business practices.

Investigating Technological Trends

029Explain the influence of technology on employment, business operations,and global activities.

030Explain the effects of electronic commerce (ecommerce) on business andmarketing.

Developing Communication and Interpersonal Skills

031Describe business and marketing communication tools and ways they areused in the workplace.

032 Demonstrate professional communication skills.

033 Explain the importance of nonverbal communication in the workplace.

034 Explain the importance of teamwork in the workplace.

Making Sound Business Decisions

035 Identify rights and responsibilities of consumers.

036 Describe how purchasing motives affect consumer choices.

037 Determine the best value among products and services.

038 Identify major consumer protection agencies and their purposes.

039 Explain the process of resolving consumer complaints.

040 Identify the characteristics of a valid contract.

041 Explain the important concepts related to product labeling.

042 Identify the major types of business taxation.

043 Compute gross and net pay.

044 Compare savings and investment options.

045 Identify the purposes and major types of insurance to protect a business.

046 Identify basic banking services.

047 Demonstrate maintenance of checking and saving accounts.

048 Manage a budget.

049 Define the elements of creditworthiness of a business.

050 Compare the types of loans available to businesses.

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TaskNumber

6115 6116 Tasks/Competencies

051Describe the various types of payment that a business may receive oruse.

052 Explain the importance of a business rating.

Preparing for Industry Certification

053Describe the process and requirements for obtaining industrycertifications related to the Principles of Business and Marketing course.

054 Identify testing skills and strategies for a certification examination.

055Demonstrate ability to successfully complete selected practiceexaminations (e.g., practice questions similar to those on certificationexams).

056Successfully complete an industry certification examinationrepresentative of skills learned in this course (e.g., Workplace ReadinessSkills for the Commonwealth).

Developing Employability Skills

057 Assess personal interests, aptitudes, and abilities.

058 Research business and marketing career opportunities.

059 Identify sources of employment information.

060 Develop or update a résumé.

061 Write a letter of application.

062 Complete an employment application form.

063 Identify the steps involved in a successful job interview.

064 Participate in a mock job interview.

065Design an employment portfolio, including a résumé in a format suitablefor online posting.

066 Complete follow-up to an employment interview.

Legend: Essential Non-essential Omitted

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Definition

Identification should include the following concepts:

Needs are essential to human life.Wants are not essential, but they add to the quality of life.

Process/Skill Questions

What are the basic needs for survival?How are needs and wants different?How can the fulfillment of a basic need lead to a want?Why is it important for a business to know whether its good or service is a need or a want?How does knowing the difference between needs and wants help a business set and achieve financialgoals?

Related Standards of Learning

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.

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l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

Economics

Emerging Business IssuesThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

EntrepreneurshipThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Global BusinessThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Impromptu SpeakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Introduction to Business

Management Decision MakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Marketing

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NBEA Achievement Standards for Economics

National MBAResearch Standards-Business Administration

Definition

Identification should include addressing the following questions:

What goods and services should be produced?How should they be produced?For whom should they be produced?

Process/Skill Questions

How does an economy determine what goods and services should be produced?What factors should be considered when deciding how goods and services should be produced?What factors should be considered when deciding for whom goods and services should be produced?Are there situations in which one of the basic economic questions is more important or more difficult toanswer than the other two? Explain.

The topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Personal Finance

Define and give examples of economic wants.

Acquire product knowledge to communicate product benefits and to ensureappropriateness of product for the customer.

Understand marketing's role and function in business to facilitate economic exchangeswith customers.

Understand sales processes and techniques to enhance customer relationships and toincrease the likelihood of making sales.

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What is a free market?What are capital goods?How do needs and wants contribute to the production of goods and services?

Related Standards of Learning

History and Social Science

GOVT.1

The student will demonstrate skills for historical thinking, geographical analysis, economic decisionmaking, and responsible citizenship by

a. planning inquiries by synthesizing information from diverse primary and secondary sources;b. analyzing how political and economic trends influence public policy, using demographic

information and other data sources;c. comparing and contrasting historical, cultural, economic, and political perspectives;d. evaluating critically the quality, accuracy, and validity of information to determine

misconceptions, fact and opinion, and bias;e. constructing informed, analytic arguments using evidence from multiple sources to introduce

and support substantive and significant claims;f. explaining how cause-and-effect relationships impact political and economic events;g. taking knowledgeable, constructive action, individually and collaboratively, to address

school, community, local, state, national, and global issues;h. using a decision-making model to analyze the costs and benefits of a specific choice,

considering incentives and possible consequences;i. applying civic virtues and democratic principles to make collaborative decisions; andj. communicating conclusions orally and in writing to a wide range of audiences, using

evidence from multiple sources and citing specific sources.

GOVT.14

The student will apply social science skills to understand economic systems by

a. identifying the basic economic questions encountered by all economic systems;b. comparing the characteristics of traditional, free market, command, and mixed economies, as

described by Adam Smith and Karl Marx; andc. evaluating the impact of the government’s role in the economy on individual economic

freedoms.

WHII.8

The student will apply social science skills to understand the changes in European nations between1800 and 1900 by

a. explaining the roles of resources, capital, and entrepreneurship in developing an industrialeconomy;

b. analyzing the effects of the Industrial Revolution on society and culture, with emphasis on theevolution of the nature of work and the labor force, including its effects on families and thestatus of women and children;

c. describing how industrialization affected economic and political systems in Europe, withemphasis on the slave trade and the labor union movement;

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d. assessing the impact of Napoleon and the Congress of Vienna on political power in Europe;e. explaining the events related to the unification of Italy and the role of Italian nationalism; andf. explaining the events related to the unification of Germany and the role of Bismarck.

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

Economics

Emerging Business IssuesThe topic for this event changes from year to year. The annual topic may or may not

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NBEA Achievement Standards for Economics

correlate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

EntrepreneurshipThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Global BusinessThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Impromptu SpeakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Introduction to Business

Management Decision MakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

MarketingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Analyze existing economics and how they answer the three questions every economicsystem must answer.

Apply the decision-making process (using either the PACED model or a variation whichwill allow students to distinguish between disadvantage and cost and includes the concept ofopportunity cost) to the economic choices of an individual, community, and nation.

Assess opportunity costs and trade-offs involved in making choices about how to usescarce economic resources.

Demonstrate how resources (factors of production) may be used to satisfy economicwants.

Identify questions that must be answered by any economic system (e.g., what is to beproduced, how it is to be produced, and for whom it is to be produced).

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NBEA Achievement Standards for Entrepreneurship

National MBAResearch Standards-Business Administration

Definition

Distinguishing among the factors of production (i.e., economic resources) should include the following:

Land—all materials that come from the earthLabor—all people who work to produce goods and servicesCapital—the tools, equipment, buildings, and financing necessary to produce goods and servicesEntrepreneurship—the generation of ideas and assumption of risk

Process/Skill Questions

What are economic resources?What are the differences among land, labor, capital, and entrepreneurship?Is it possible to produce a good or service using only one resource? Why, or why not?What is the effect of entrepreneurs on the economy as a human resource?What is the effect of technology on the factors of production?Who was Adam Smith? What were his thoughts on the division of labor?What is productivity? How can businesses utilize their resources to increase productivity?

Related Standards of Learning

History and Social Science

GOVT.1

The student will demonstrate skills for historical thinking, geographical analysis, economic decisionmaking, and responsible citizenship by

Describe how a market economy resolves the problems of what, how, and for whom toproduce.

Analyze cost/profit relationships to guide business decision making.

Determine global trade's impact on business decision making.

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a. planning inquiries by synthesizing information from diverse primary and secondary sources;b. analyzing how political and economic trends influence public policy, using demographic

information and other data sources;c. comparing and contrasting historical, cultural, economic, and political perspectives;d. evaluating critically the quality, accuracy, and validity of information to determine

misconceptions, fact and opinion, and bias;e. constructing informed, analytic arguments using evidence from multiple sources to introduce

and support substantive and significant claims;f. explaining how cause-and-effect relationships impact political and economic events;g. taking knowledgeable, constructive action, individually and collaboratively, to address

school, community, local, state, national, and global issues;h. using a decision-making model to analyze the costs and benefits of a specific choice,

considering incentives and possible consequences;i. applying civic virtues and democratic principles to make collaborative decisions; andj. communicating conclusions orally and in writing to a wide range of audiences, using

evidence from multiple sources and citing specific sources.

GOVT.15

The student will apply social science skills to understand the role of government in the Virginia andUnited States economies by

a. describing the provision of government goods and services that are not readily produced bythe market;

b. describing government’s establishment and maintenance of the rules and institutions in whichmarkets operate, including the establishment and enforcement of property rights, contracts,consumer rights, labor-management relations, environmental protection, and competition inthe marketplace;

c. investigating and describing the types and purposes of taxation that are used by local, state,and federal governments to pay for services provided by the government;

d. analyzing how Congress can use fiscal policy to stabilize the economy;e. describing the effects of the Federal Reserve’s monetary policy on price stability,

employment, and the economy; andf. evaluating the trade-offs in government decisions.

WHII.8

The student will apply social science skills to understand the changes in European nations between1800 and 1900 by

a. explaining the roles of resources, capital, and entrepreneurship in developing an industrialeconomy;

b. analyzing the effects of the Industrial Revolution on society and culture, with emphasis on theevolution of the nature of work and the labor force, including its effects on families and thestatus of women and children;

c. describing how industrialization affected economic and political systems in Europe, withemphasis on the slave trade and the labor union movement;

d. assessing the impact of Napoleon and the Congress of Vienna on political power in Europe;e. explaining the events related to the unification of Italy and the role of Italian nationalism; andf. explaining the events related to the unification of Germany and the role of Bismarck.

English

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9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

Economics

Emerging Business IssuesThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

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NBEA Achievement Standards for Economics

National MBAResearch Standards-Business Administration

Definition

EntrepreneurshipThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Global BusinessThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Impromptu SpeakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Introduction to Business

Management Decision MakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

MarketingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Demonstrate how resources (factors of production) may be used to satisfy economicwants.

Determine needed safety policies/procedures to protect employees.

Understand fundamental economic concepts to obtain a foundation for employment inbusiness.

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Explanation should include the following concepts:

Needs and wants are unlimited.Resources are limited.Humans must make choices that influence how resources are used to meet needs and wants.Every choice has a cost and/or a benefit.

Process/Skill Questions

What is scarcity?How does scarcity apply to economic resources?Why is scarcity considered the basic economic problem?How does scarcity effect individual financial decisions?How does scarcity effect international trade?How are scarcity and a shortage different?What are some examples of scarcity and shortages?How do you make personal choices between satisfying your wants and your needs?

Related Standards of Learning

History and Social Science

WHII.8

The student will apply social science skills to understand the changes in European nations between1800 and 1900 by

a. explaining the roles of resources, capital, and entrepreneurship in developing an industrialeconomy;

b. analyzing the effects of the Industrial Revolution on society and culture, with emphasis on theevolution of the nature of work and the labor force, including its effects on families and thestatus of women and children;

c. describing how industrialization affected economic and political systems in Europe, withemphasis on the slave trade and the labor union movement;

d. assessing the impact of Napoleon and the Congress of Vienna on political power in Europe;e. explaining the events related to the unification of Italy and the role of Italian nationalism; andf. explaining the events related to the unification of Germany and the role of Bismarck.

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.

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f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

Economics

Emerging Business IssuesThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

EntrepreneurshipThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Global BusinessThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Impromptu SpeakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Introduction to Business

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NBEA Achievement Standards for Economics

National MBAResearch Standards-Business Administration

Definition

Description should include the concepts of opportunity cost and opportunity benefit, as well as an outline ofthe decision-making process, as follows:

Define the problem, including the criteria for evaluating solutions.Identify alternative solutions.Evaluate advantages and disadvantages of the alternative solutions, including opportunity costs and

Management Decision MakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

MarketingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Personal Finance

Analyze the relationship of price to scarcity when prices are set by the market forces ofsupply and demand.

Define and give examples of scarcity.

Identify why scarcity necessitates an economic system.

Determine needed safety policies/procedures to protect employees.

Understand fundamental economic concepts to obtain a foundation for employment inbusiness.

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benefits.Choose the best alternative.Develop and implement a plan of action.Review the decision.

Process/Skill Questions

What are the steps of the decision-making process?What are the benefits of following the decision-making process?Why is decision making important in the business world? In the marketing field?How can one evaluate the results of a decision?What is the relationship between goal setting and decision-making?What is the relationship between decision-making and problem-solving?What steps should be taken if the chosen solution leads to another problem?How can one differentiate between the symptoms of a problem and the problem itself?How does opportunity cost affect the decision-making process?What are values?How do values affect decision-making?What are some common challenges to the decision-making process?How does following a decision-making process lead to better choices?

Related Standards of Learning

History and Social Science

WHII.8

The student will apply social science skills to understand the changes in European nations between1800 and 1900 by

a. explaining the roles of resources, capital, and entrepreneurship in developing an industrialeconomy;

b. analyzing the effects of the Industrial Revolution on society and culture, with emphasis on theevolution of the nature of work and the labor force, including its effects on families and thestatus of women and children;

c. describing how industrialization affected economic and political systems in Europe, withemphasis on the slave trade and the labor union movement;

d. assessing the impact of Napoleon and the Congress of Vienna on political power in Europe;e. explaining the events related to the unification of Italy and the role of Italian nationalism; andf. explaining the events related to the unification of Germany and the role of Bismarck.

English

9.3The student will apply knowledge of word origins, derivations, and figurative language to extendvocabulary development in authentic texts.

a. Use structural analysis of roots, affixes, synonyms, and antonyms to understand complexwords.

b. Use context, structure, and connotations to determine meanings of words and phrases.c. Discriminate between connotative and denotative meanings and interpret the connotation.

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d. Identify the meaning of common idioms.e. Explain the meaning of literary and classical allusions and figurative language in text.f. Extend general and cross-curricular vocabulary through speaking, listening, reading, and

writing.

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.3The student will apply knowledge of word origins, derivations, and figurative language to extendvocabulary development in authentic texts.

a. Use structural analysis of roots, affixes, synonyms, and antonyms, to understand complexwords.

b. Use context, structure, and connotations to determine meanings of words and phrases.c. Discriminate between connotative and denotative meanings and interpret the connotation.d. Explain the meaning of common idioms.e. Explain the meaning of literary and classical allusions and figurative language in text.f. Extend general and cross-curricular vocabulary through speaking, listening, reading, and

writing.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.

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i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logicalsequence of events, within and between texts.

j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

NBEA Achievement Standards for Economics

Economics

Emerging Business IssuesThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

EntrepreneurshipThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Global BusinessThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Impromptu SpeakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Introduction to Business

Management Decision MakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

MarketingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Personal Finance

Apply the decision-making process (using either the PACED model or a variation whichwill allow students to distinguish between disadvantage and cost and includes the concept ofopportunity cost) to the economic choices of an individual, community, and nation.

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National MBAResearch Standards-Business Administration

Definition

Identification should include the following concepts:

Capitalism—an important element of capitalism is the private ownership of economic resources.Private enterprise—individuals invest their money and time to satisfy consumers’ needs and wants.

Individuals make decisions about products and distribution based on the elements of the free enterprisesystem:

Freedom to own propertyFreedom to take risksFreedom to make a profit—achievement of monetary gain motivates individuals to engage in businessventures.Freedom to compete—rivalry exists among businesses to sell their goods and services.

Process/Skill Questions

What is a monopoly? What are some examples of monopolies?Why are monopolies permitted in a free enterprise system?What is an oligopoly? What are some examples of oligopolies?What effect does competition have on business and consumers?How does competition benefit the consumer?How do businesses compete for customers?How does competition make businesses more efficient?What happens when a business has no competition?Why is it important for a business to analyze its competition?What is profit? How is it important in a free enterprise system?Why do people put time, money, and effort into starting and running a business?What rights does free enterprise ensure?What other terms are used synonymously with free enterprise? Are they synonymous? Explain.What is considered private property? What rights does private property ensure?What are the two main types of competition?

Related Standards of Learning

Understand data-collection methods to evaluate their appropriateness for the researchproblem/issue.

Utilize information-technology tools to manage and perform work responsibilities.

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History and Social Science

GOVT.1

The student will demonstrate skills for historical thinking, geographical analysis, economic decisionmaking, and responsible citizenship by

a. planning inquiries by synthesizing information from diverse primary and secondary sources;b. analyzing how political and economic trends influence public policy, using demographic

information and other data sources;c. comparing and contrasting historical, cultural, economic, and political perspectives;d. evaluating critically the quality, accuracy, and validity of information to determine

misconceptions, fact and opinion, and bias;e. constructing informed, analytic arguments using evidence from multiple sources to introduce

and support substantive and significant claims;f. explaining how cause-and-effect relationships impact political and economic events;g. taking knowledgeable, constructive action, individually and collaboratively, to address

school, community, local, state, national, and global issues;h. using a decision-making model to analyze the costs and benefits of a specific choice,

considering incentives and possible consequences;i. applying civic virtues and democratic principles to make collaborative decisions; andj. communicating conclusions orally and in writing to a wide range of audiences, using

evidence from multiple sources and citing specific sources.

GOVT.14

The student will apply social science skills to understand economic systems by

a. identifying the basic economic questions encountered by all economic systems;b. comparing the characteristics of traditional, free market, command, and mixed economies, as

described by Adam Smith and Karl Marx; andc. evaluating the impact of the government’s role in the economy on individual economic

freedoms.

WHII.8

The student will apply social science skills to understand the changes in European nations between1800 and 1900 by

a. explaining the roles of resources, capital, and entrepreneurship in developing an industrialeconomy;

b. analyzing the effects of the Industrial Revolution on society and culture, with emphasis on theevolution of the nature of work and the labor force, including its effects on families and thestatus of women and children;

c. describing how industrialization affected economic and political systems in Europe, withemphasis on the slave trade and the labor union movement;

d. assessing the impact of Napoleon and the Congress of Vienna on political power in Europe;e. explaining the events related to the unification of Italy and the role of Italian nationalism; andf. explaining the events related to the unification of Germany and the role of Bismarck.

English

9.5

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The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

American Enterprise Project

Economics

Emerging Business IssuesThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

EntrepreneurshipThe topic for this event changes from year to year. The annual topic may or may not

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NBEA Achievement Standards for Economics

National MBAResearch Standards-Business Administration

correlate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Global BusinessThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Impromptu SpeakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Introduction to Business

Management Decision MakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

MarketingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Analyze existing economics and how they answer the three questions every economicsystem must answer.

Compare and contrast the different types of economic systems with focus on plannedand emerging economies.

Describe characteristics of a market system (e.g., profit, competitive markets, andprivate ownership of property).

Understand economic systems to be able to recognize the environments in whichbusinesses function.

Understand the nature of business to show its contributions to society.

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Definition

Explanation should include the following concepts:

Supply is the amount of goods producers are willing to make and sell.Law of supply states that when prices are high, supply will rise.Demand is the consumer willingness and ability to buy products.Law of demand states that when prices fall, demand will rise.Economic equilibrium is the point at which quantity demanded and quantity supplied are equal.

Process/Skill Questions

What factors influence the supply of a product or service?What factors influence the demand for a product or service?How can these factors be seen in the current marketplace?Why is economic equilibrium important?How can economic equilibrium be achieved?What is demand elasticity?What does it mean for a product to have inelastic demand? Elastic demand?What happens to the price of a good or service when supply exceeds demand?What happens to the price of a good or service when demand exceeds supply?

Related Standards of Learning

History and Social Science

GOVT.1

The student will demonstrate skills for historical thinking, geographical analysis, economic decisionmaking, and responsible citizenship by

a. planning inquiries by synthesizing information from diverse primary and secondary sources;b. analyzing how political and economic trends influence public policy, using demographic

information and other data sources;c. comparing and contrasting historical, cultural, economic, and political perspectives;d. evaluating critically the quality, accuracy, and validity of information to determine

misconceptions, fact and opinion, and bias;e. constructing informed, analytic arguments using evidence from multiple sources to introduce

and support substantive and significant claims;f. explaining how cause-and-effect relationships impact political and economic events;g. taking knowledgeable, constructive action, individually and collaboratively, to address

school, community, local, state, national, and global issues;h. using a decision-making model to analyze the costs and benefits of a specific choice,

considering incentives and possible consequences;i. applying civic virtues and democratic principles to make collaborative decisions; andj. communicating conclusions orally and in writing to a wide range of audiences, using

evidence from multiple sources and citing specific sources.

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GOVT.14

The student will apply social science skills to understand economic systems by

a. identifying the basic economic questions encountered by all economic systems;b. comparing the characteristics of traditional, free market, command, and mixed economies, as

described by Adam Smith and Karl Marx; andc. evaluating the impact of the government’s role in the economy on individual economic

freedoms.

WHII.8

The student will apply social science skills to understand the changes in European nations between1800 and 1900 by

a. explaining the roles of resources, capital, and entrepreneurship in developing an industrialeconomy;

b. analyzing the effects of the Industrial Revolution on society and culture, with emphasis on theevolution of the nature of work and the labor force, including its effects on families and thestatus of women and children;

c. describing how industrialization affected economic and political systems in Europe, withemphasis on the slave trade and the labor union movement;

d. assessing the impact of Napoleon and the Congress of Vienna on political power in Europe;e. explaining the events related to the unification of Italy and the role of Italian nationalism; andf. explaining the events related to the unification of Germany and the role of Bismarck.

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.

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c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

American Enterprise Project

Economics

Emerging Business IssuesThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

EntrepreneurshipThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Global BusinessThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Impromptu SpeakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Introduction to Business

Management Decision MakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

MarketingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

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National MBAResearch Standards-Business Administration

Definition

Description should include examination of the relationships among supply, the law of supply, demand, the lawof demand, economic equilibrium, and the

effects of shortages and surpluses on the economy (e.g., buyers’ vs. sellers’ market)effects of changes in supply and/or demand on equilibriumdollar vote, as related to supply and demand.

Process/Skill Questions

How is price affected by supply?How is price affected by demand?What current trends in industry affect supply and demand in our economy?How might a shortage of a good or service be beneficial to the economy?How might a surplus of a good or service be detrimental to the economy?What is a price ceiling? How does it affect supply and demand?What is a price floor? How does it affect supply and demand?What is the effect of substitutes on supply and demand?

Related Standards of Learning

History and Social Science

GOVT.1

The student will demonstrate skills for historical thinking, geographical analysis, economic decisionmaking, and responsible citizenship by

a. planning inquiries by synthesizing information from diverse primary and secondary sources;b. analyzing how political and economic trends influence public policy, using demographic

information and other data sources;c. comparing and contrasting historical, cultural, economic, and political perspectives;

Determine global trade's impact on business decision making.

Understand fundamental economic concepts to obtain a foundation for employment inbusiness.

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d. evaluating critically the quality, accuracy, and validity of information to determinemisconceptions, fact and opinion, and bias;

e. constructing informed, analytic arguments using evidence from multiple sources to introduceand support substantive and significant claims;

f. explaining how cause-and-effect relationships impact political and economic events;g. taking knowledgeable, constructive action, individually and collaboratively, to address

school, community, local, state, national, and global issues;h. using a decision-making model to analyze the costs and benefits of a specific choice,

considering incentives and possible consequences;i. applying civic virtues and democratic principles to make collaborative decisions; andj. communicating conclusions orally and in writing to a wide range of audiences, using

evidence from multiple sources and citing specific sources.

WHII.4

The student will apply social science skills to understand the impact of the European Age ofExploration by

a. explaining the political and economic goals of European exploration and colonization;b. describing the geographic expansion into Africa, Asia, and the Americas;c. comparing and contrasting the social and cultural influences of European settlement on

Africa, Asia, and the Americas;d. analyzing how competition for colonies changed the economic system of Europe; ande. defining and describing how the Scientific Revolution led to social and technological changes

that influenced the European view of the world.

WHII.8

The student will apply social science skills to understand the changes in European nations between1800 and 1900 by

a. explaining the roles of resources, capital, and entrepreneurship in developing an industrialeconomy;

b. analyzing the effects of the Industrial Revolution on society and culture, with emphasis on theevolution of the nature of work and the labor force, including its effects on families and thestatus of women and children;

c. describing how industrialization affected economic and political systems in Europe, withemphasis on the slave trade and the labor union movement;

d. assessing the impact of Napoleon and the Congress of Vienna on political power in Europe;e. explaining the events related to the unification of Italy and the role of Italian nationalism; andf. explaining the events related to the unification of Germany and the role of Bismarck.

WHII.12

The student will apply social science skills to understand the conflicts during the second half of thetwentieth century by

a. explaining the causes of the Cold War, including the competition between the American andSoviet economic and political systems and the causes of the collapse of communism in theSoviet Union and Eastern Europe;

b. describing the major leaders and events of the Cold War, including the location of majorconflicts;

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c. describing conflicts and revolutionary movements in Asia and their major leaders, includingMao Tse-tung (Zedong), Chiang Kai-shek, Deng Xiaoping, and Ho Chi Minh; and

d. examining the political and economic shifts that led to the end of the Cold War, withemphasis on Margaret Thatcher, Mikhail Gorbachev, and Ronald Reagan.

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

American Enterprise Project

Economics

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NBEA Achievement Standards for Economics

National MBAResearch Standards-Business Administration

Emerging Business IssuesThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

EntrepreneurshipThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Global BusinessThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Impromptu SpeakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Introduction to Business

Management Decision MakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

MarketingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Demonstrate an understanding of the supply and demand curves that show increasesand decreases in quantity supplied and quantity demanded.

Demonstrate an understanding of the supply and demand curves when there areincreases and decreases in supply and demand and explain why these changes occur.

Determine global trade's impact on business decision making.

Understand fundamental economic concepts to obtain a foundation for employment inbusiness.

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Definition

Comparison should include the following concepts:

Traditional economy, in which goods are produced the way they have always been producedCommand economy, in which resources are owned and controlled by the governmentMarket economy, in which private enterprise drives the economy (as found in societies with democraticforms of government where individuals control the economy)Mixed economy, in which government-operated and/or government-regulated enterprises are combinedwith individually owned enterprises

Process/Skill Questions

How are traditional (custom-based), command (centrally planned and directed), and market (privateenterprise) economic systems different from each other? How are they similar?What is the difference between pure and mixed economic systems?What would be the effect of a pure market economy?What are some examples of each economic system today?How does each type of economy answer the three main economic questions?What are the roles of entrepreneurs in each type of economy?What are the roles of government in each type of economy?What is bartering?

Related Standards of Learning

History and Social Science

GOVT.14

The student will apply social science skills to understand economic systems by

a. identifying the basic economic questions encountered by all economic systems;b. comparing the characteristics of traditional, free market, command, and mixed economies, as

described by Adam Smith and Karl Marx; andc. evaluating the impact of the government’s role in the economy on individual economic

freedoms.

GOVT.15

The student will apply social science skills to understand the role of government in the Virginia andUnited States economies by

a. describing the provision of government goods and services that are not readily produced by

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the market;b. describing government’s establishment and maintenance of the rules and institutions in which

markets operate, including the establishment and enforcement of property rights, contracts,consumer rights, labor-management relations, environmental protection, and competition inthe marketplace;

c. investigating and describing the types and purposes of taxation that are used by local, state,and federal governments to pay for services provided by the government;

d. analyzing how Congress can use fiscal policy to stabilize the economy;e. describing the effects of the Federal Reserve’s monetary policy on price stability,

employment, and the economy; andf. evaluating the trade-offs in government decisions.

WHII.4

The student will apply social science skills to understand the impact of the European Age ofExploration by

a. explaining the political and economic goals of European exploration and colonization;b. describing the geographic expansion into Africa, Asia, and the Americas;c. comparing and contrasting the social and cultural influences of European settlement on

Africa, Asia, and the Americas;d. analyzing how competition for colonies changed the economic system of Europe; ande. defining and describing how the Scientific Revolution led to social and technological changes

that influenced the European view of the world.

WHII.8

The student will apply social science skills to understand the changes in European nations between1800 and 1900 by

a. explaining the roles of resources, capital, and entrepreneurship in developing an industrialeconomy;

b. analyzing the effects of the Industrial Revolution on society and culture, with emphasis on theevolution of the nature of work and the labor force, including its effects on families and thestatus of women and children;

c. describing how industrialization affected economic and political systems in Europe, withemphasis on the slave trade and the labor union movement;

d. assessing the impact of Napoleon and the Congress of Vienna on political power in Europe;e. explaining the events related to the unification of Italy and the role of Italian nationalism; andf. explaining the events related to the unification of Germany and the role of Bismarck.

WHII.12

The student will apply social science skills to understand the conflicts during the second half of thetwentieth century by

a. explaining the causes of the Cold War, including the competition between the American andSoviet economic and political systems and the causes of the collapse of communism in theSoviet Union and Eastern Europe;

b. describing the major leaders and events of the Cold War, including the location of majorconflicts;

c. describing conflicts and revolutionary movements in Asia and their major leaders, including

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Mao Tse-tung (Zedong), Chiang Kai-shek, Deng Xiaoping, and Ho Chi Minh; andd. examining the political and economic shifts that led to the end of the Cold War, with

emphasis on Margaret Thatcher, Mikhail Gorbachev, and Ronald Reagan.

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

American Enterprise Project

Economics

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NBEA Achievement Standards for Economics

National MBAResearch Standards-Business Administration

Emerging Business IssuesThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

EntrepreneurshipThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Global BusinessThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Impromptu SpeakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Introduction to Business

Management Decision MakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

MarketingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Compare and contrast the different types of economic systems with focus on plannedand emerging economies.

Critique command, mixed, and market economies based on the U.S. economic goals offreedom, efficiency, equity, security, employment, stability, and growth.

Analyze cost/profit relationships to guide business decision making.

Determine global trade's impact on business decision making.

Understand economic systems to be able to recognize the environments in which

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Definition

Explanation should include

examples of emerging economies, identifying the type of economic system for eacha description of positive economic effects (e.g., increased availability of low-cost goods and services,increased trade among countries, improved standard of living in countries that have increased trade)a description of negative economic effects (e.g., increased demand for resources such as steel, concrete,and oil, which increases price and decreases availability of those resources in other countries).

Process/Skill Questions

What happens to create an emerging economic system?What countries have emerging economic systems?What is the effects of an emerging economy on business within the particular country?Why might citizens with an emerging economic system want to return to the control of their previouscommand economic system?What is globalization?What are the positive and negative effects of globalization on emerging nations?What is the difference between an emerging nation and a developing nation?

Related Standards of Learning

History and Social Science

GOVT.13

The student will apply social science skills to understand how world governments and economiescompare and contrast with the government and the economy in the United States by

a. describing the distribution of governmental power;b. explaining the relationship between the legislative and executive branches;c. comparing and contrasting the extent of participation in the political process; andd. comparing and contrasting economic systems.

GOVT.14

The student will apply social science skills to understand economic systems by

a. identifying the basic economic questions encountered by all economic systems;

businesses function.

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b. comparing the characteristics of traditional, free market, command, and mixed economies, asdescribed by Adam Smith and Karl Marx; and

c. evaluating the impact of the government’s role in the economy on individual economicfreedoms.

GOVT.15

The student will apply social science skills to understand the role of government in the Virginia andUnited States economies by

a. describing the provision of government goods and services that are not readily produced bythe market;

b. describing government’s establishment and maintenance of the rules and institutions in whichmarkets operate, including the establishment and enforcement of property rights, contracts,consumer rights, labor-management relations, environmental protection, and competition inthe marketplace;

c. investigating and describing the types and purposes of taxation that are used by local, state,and federal governments to pay for services provided by the government;

d. analyzing how Congress can use fiscal policy to stabilize the economy;e. describing the effects of the Federal Reserve’s monetary policy on price stability,

employment, and the economy; andf. evaluating the trade-offs in government decisions.

WHII.4

The student will apply social science skills to understand the impact of the European Age ofExploration by

a. explaining the political and economic goals of European exploration and colonization;b. describing the geographic expansion into Africa, Asia, and the Americas;c. comparing and contrasting the social and cultural influences of European settlement on

Africa, Asia, and the Americas;d. analyzing how competition for colonies changed the economic system of Europe; ande. defining and describing how the Scientific Revolution led to social and technological changes

that influenced the European view of the world.

WHII.8

The student will apply social science skills to understand the changes in European nations between1800 and 1900 by

a. explaining the roles of resources, capital, and entrepreneurship in developing an industrialeconomy;

b. analyzing the effects of the Industrial Revolution on society and culture, with emphasis on theevolution of the nature of work and the labor force, including its effects on families and thestatus of women and children;

c. describing how industrialization affected economic and political systems in Europe, withemphasis on the slave trade and the labor union movement;

d. assessing the impact of Napoleon and the Congress of Vienna on political power in Europe;e. explaining the events related to the unification of Italy and the role of Italian nationalism; andf. explaining the events related to the unification of Germany and the role of Bismarck.

WHII.12

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The student will apply social science skills to understand the conflicts during the second half of thetwentieth century by

a. explaining the causes of the Cold War, including the competition between the American andSoviet economic and political systems and the causes of the collapse of communism in theSoviet Union and Eastern Europe;

b. describing the major leaders and events of the Cold War, including the location of majorconflicts;

c. describing conflicts and revolutionary movements in Asia and their major leaders, includingMao Tse-tung (Zedong), Chiang Kai-shek, Deng Xiaoping, and Ho Chi Minh; and

d. examining the political and economic shifts that led to the end of the Cold War, withemphasis on Margaret Thatcher, Mikhail Gorbachev, and Ronald Reagan.

WHII.13

The student will apply social science skills to understand of the political, economic, social, andcultural aspects of independence movements and development efforts by

a. describing the struggles for self-rule, including Gandhi’s leadership in India and thedevelopment of India’s democracy;

b. describing Africa’s independence movements, including Jomo Kenyatta’s leadership ofKenya and Nelson Mandela’s role in South Africa; and

c. describing the end of the mandate system and the creation of states in the Middle East,including the roles of Golda Meir and Gamal Abdel Nasser.

WHII.14

The student will apply social science skills to understand the global changes during the earlytwenty-first century by

a. identifying contemporary political issues, with emphasis on migrations of refugees andothers, ethnic/religious conflicts, and the impact of technology, including the role of socialmedia and chemical and biological technologies;

b. assessing the link between economic and political freedom;c. describing economic interdependence, including the rise of multinational corporations,

international organizations, and trade agreements; andd. analyzing the increasing impact of terrorism.

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.

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h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

American Enterprise Project

Economics

Emerging Business IssuesThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

EntrepreneurshipThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Global BusinessThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Impromptu SpeakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

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NBEA Achievement Standards for Economics

NBEA Achievement Standards for International Business

National MBAResearch Standards-Business Administration

Introduction to Business

Management Decision MakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

MarketingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Discuss the influence of cartels on international trade.

Evaluate the impact of international economic unions on the global community and theinfluence these unions have on the member nations and on different groups within thosenations.

Examine the role of trade, protectionism, and monetary markets in the global economy.

Explain how specialization promotes international trade and how international tradeincreases total world output and interdependence among nations.

Recommend what a nation or business could do to stimulate economic growth.

Analyze the economic development of several less-developed and developing countriesand identify the opportunities and challenges that companies operating internationally mayencounter.

Analyze the economic impact of contributions that global businesses have made to thecountries in which they are doing business.

Determine global trade's impact on business decision making.

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Definition

Definition should include an explanation of the four phases of the business cycle:

Prosperity (expansion)—high demand, causing a sustained high level of production, income,employment, prices, and profitsRecession—falling demand, causing a steady decline in production, income, employment, prices, andprofitsDepression (trough)—contraction of economy when demand is low, causing a sustained low level ofproduction, income, employment, prices, and profitsRecovery—rise in demand, causing a steady increase in production, income, employment, prices, andprofits

Process/Skill Questions

What factors can help to keep an economy booming (i.e., sustain the prosperity phase of the businesscycle)?What might cause a change from the prosperity phase to the recession phase (i.e., prompt a recessionphase)?What factors can help to keep an economy in a downswing (i.e., sustain the recession phase of thebusiness cycle)?What might cause a change from the recession phase to the prosperity phase (i.e., prompt a recoveryphase)?How does consumer perception (fear vs. faith) of an economy influence the business cycle?How does the government use interest rates to influence consumer spending and borrowing?What influence does government involvement have on the business cycle?

Related Standards of Learning

History and Social Science

GOVT.1

The student will demonstrate skills for historical thinking, geographical analysis, economic decisionmaking, and responsible citizenship by

a. planning inquiries by synthesizing information from diverse primary and secondary sources;b. analyzing how political and economic trends influence public policy, using demographic

information and other data sources;c. comparing and contrasting historical, cultural, economic, and political perspectives;d. evaluating critically the quality, accuracy, and validity of information to determine

Understand the nature of business to show its contributions to society.

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misconceptions, fact and opinion, and bias;e. constructing informed, analytic arguments using evidence from multiple sources to introduce

and support substantive and significant claims;f. explaining how cause-and-effect relationships impact political and economic events;g. taking knowledgeable, constructive action, individually and collaboratively, to address

school, community, local, state, national, and global issues;h. using a decision-making model to analyze the costs and benefits of a specific choice,

considering incentives and possible consequences;i. applying civic virtues and democratic principles to make collaborative decisions; andj. communicating conclusions orally and in writing to a wide range of audiences, using

evidence from multiple sources and citing specific sources.

WHII.8

The student will apply social science skills to understand the changes in European nations between1800 and 1900 by

a. explaining the roles of resources, capital, and entrepreneurship in developing an industrialeconomy;

b. analyzing the effects of the Industrial Revolution on society and culture, with emphasis on theevolution of the nature of work and the labor force, including its effects on families and thestatus of women and children;

c. describing how industrialization affected economic and political systems in Europe, withemphasis on the slave trade and the labor union movement;

d. assessing the impact of Napoleon and the Congress of Vienna on political power in Europe;e. explaining the events related to the unification of Italy and the role of Italian nationalism; andf. explaining the events related to the unification of Germany and the role of Bismarck.

WHII.10

The student will apply social science skills to understand World War I and its worldwide impact by

a. explaining economic and political causes and identifying major leaders of the war, withemphasis on Woodrow Wilson and Kaiser Wilhelm II;

b. describing the location of major battles and the role of new technologies;c. analyzing and explaining the terms of the Treaty of Versailles and the actions of the League of

Nations, with emphasis on the mandate system;d. citing causes and consequences of the Russian Revolution;e. explaining the causes and assessing the impact of worldwide depression in the 1930s; andf. examining the rise of totalitarianism.

WHII.11

The student will apply social science skills to understand World War II and its worldwide impact by

a. explaining the major causes of the war;b. describing the leaders of the war, with emphasis on Franklin D. Roosevelt, Harry Truman,

Dwight D. Eisenhower, Douglas MacArthur, George C. Marshall, Winston Churchill, JosephStalin, Adolf Hitler, Hideki Tojo, and Hirohito;

c. describing the major events, including major battles and the role of new technologies;d. examining the Holocaust and other examples of genocide in the twentieth century; ande. examining the effects of the war, with emphasis on the terms of the peace, the war crimes

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trials, the division of Europe, plans to rebuild Germany and Japan, and the creation ofinternational cooperative organizations and the Universal Declaration of Human Rights(1948).

English

9.3The student will apply knowledge of word origins, derivations, and figurative language to extendvocabulary development in authentic texts.

a. Use structural analysis of roots, affixes, synonyms, and antonyms to understand complexwords.

b. Use context, structure, and connotations to determine meanings of words and phrases.c. Discriminate between connotative and denotative meanings and interpret the connotation.d. Identify the meaning of common idioms.e. Explain the meaning of literary and classical allusions and figurative language in text.f. Extend general and cross-curricular vocabulary through speaking, listening, reading, and

writing.

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.3The student will apply knowledge of word origins, derivations, and figurative language to extendvocabulary development in authentic texts.

a. Use structural analysis of roots, affixes, synonyms, and antonyms, to understand complexwords.

b. Use context, structure, and connotations to determine meanings of words and phrases.c. Discriminate between connotative and denotative meanings and interpret the connotation.d. Explain the meaning of common idioms.e. Explain the meaning of literary and classical allusions and figurative language in text.f. Extend general and cross-curricular vocabulary through speaking, listening, reading, and

writing.

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10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

American Enterprise Project

Banking and Financial Systems

Economics

Emerging Business IssuesThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

EntrepreneurshipThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Global BusinessThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Impromptu SpeakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Introduction to Business

Management Decision MakingThe topic for this event changes from year to year. The annual topic may or may not

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National MBAResearch Standards-Business Administration

Definition

Identification should include a definition

gross domestic product (GDP)inflationunemploymentproductivitystandard of living.

Identification should also include how each indicator is measured and used and how each characterizes eachof the four phases of the business cycle.

Process/Skill Questions

What is the difference between GDP and gross national product (GNP)?What is the relationship between the business cycle and the measures of economic activity?What is the difference between inflation and deflation? How can each affect the consumer positivelyand negatively?How does unemployment affect the GDP and the economy?What impact does consumer spending or demand have on a nation’s GDP?What are some other economic indicators used to examine the health of an economy?What is the relationship between durable goods and standard of living?What is the impact of inflation and the consumer price index (CPI) on the health of an economy?

Related Standards of Learning

History and Social Science

GOVT.1

correlate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

MarketingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Understand the nature of business to show its contributions to society.

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The student will demonstrate skills for historical thinking, geographical analysis, economic decisionmaking, and responsible citizenship by

a. planning inquiries by synthesizing information from diverse primary and secondary sources;b. analyzing how political and economic trends influence public policy, using demographic

information and other data sources;c. comparing and contrasting historical, cultural, economic, and political perspectives;d. evaluating critically the quality, accuracy, and validity of information to determine

misconceptions, fact and opinion, and bias;e. constructing informed, analytic arguments using evidence from multiple sources to introduce

and support substantive and significant claims;f. explaining how cause-and-effect relationships impact political and economic events;g. taking knowledgeable, constructive action, individually and collaboratively, to address

school, community, local, state, national, and global issues;h. using a decision-making model to analyze the costs and benefits of a specific choice,

considering incentives and possible consequences;i. applying civic virtues and democratic principles to make collaborative decisions; andj. communicating conclusions orally and in writing to a wide range of audiences, using

evidence from multiple sources and citing specific sources.

WHII.8

The student will apply social science skills to understand the changes in European nations between1800 and 1900 by

a. explaining the roles of resources, capital, and entrepreneurship in developing an industrialeconomy;

b. analyzing the effects of the Industrial Revolution on society and culture, with emphasis on theevolution of the nature of work and the labor force, including its effects on families and thestatus of women and children;

c. describing how industrialization affected economic and political systems in Europe, withemphasis on the slave trade and the labor union movement;

d. assessing the impact of Napoleon and the Congress of Vienna on political power in Europe;e. explaining the events related to the unification of Italy and the role of Italian nationalism; andf. explaining the events related to the unification of Germany and the role of Bismarck.

WHII.10

The student will apply social science skills to understand World War I and its worldwide impact by

a. explaining economic and political causes and identifying major leaders of the war, withemphasis on Woodrow Wilson and Kaiser Wilhelm II;

b. describing the location of major battles and the role of new technologies;c. analyzing and explaining the terms of the Treaty of Versailles and the actions of the League of

Nations, with emphasis on the mandate system;d. citing causes and consequences of the Russian Revolution;e. explaining the causes and assessing the impact of worldwide depression in the 1930s; andf. examining the rise of totalitarianism.

WHII.11

The student will apply social science skills to understand World War II and its worldwide impact by

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a. explaining the major causes of the war;b. describing the leaders of the war, with emphasis on Franklin D. Roosevelt, Harry Truman,

Dwight D. Eisenhower, Douglas MacArthur, George C. Marshall, Winston Churchill, JosephStalin, Adolf Hitler, Hideki Tojo, and Hirohito;

c. describing the major events, including major battles and the role of new technologies;d. examining the Holocaust and other examples of genocide in the twentieth century; ande. examining the effects of the war, with emphasis on the terms of the peace, the war crimes

trials, the division of Europe, plans to rebuild Germany and Japan, and the creation ofinternational cooperative organizations and the Universal Declaration of Human Rights(1948).

WHII.12

The student will apply social science skills to understand the conflicts during the second half of thetwentieth century by

a. explaining the causes of the Cold War, including the competition between the American andSoviet economic and political systems and the causes of the collapse of communism in theSoviet Union and Eastern Europe;

b. describing the major leaders and events of the Cold War, including the location of majorconflicts;

c. describing conflicts and revolutionary movements in Asia and their major leaders, includingMao Tse-tung (Zedong), Chiang Kai-shek, Deng Xiaoping, and Ho Chi Minh; and

d. examining the political and economic shifts that led to the end of the Cold War, withemphasis on Margaret Thatcher, Mikhail Gorbachev, and Ronald Reagan.

WHII.13

The student will apply social science skills to understand of the political, economic, social, andcultural aspects of independence movements and development efforts by

a. describing the struggles for self-rule, including Gandhi’s leadership in India and thedevelopment of India’s democracy;

b. describing Africa’s independence movements, including Jomo Kenyatta’s leadership ofKenya and Nelson Mandela’s role in South Africa; and

c. describing the end of the mandate system and the creation of states in the Middle East,including the roles of Golda Meir and Gamal Abdel Nasser.

WHII.14

The student will apply social science skills to understand the global changes during the earlytwenty-first century by

a. identifying contemporary political issues, with emphasis on migrations of refugees andothers, ethnic/religious conflicts, and the impact of technology, including the role of socialmedia and chemical and biological technologies;

b. assessing the link between economic and political freedom;c. describing economic interdependence, including the rise of multinational corporations,

international organizations, and trade agreements; andd. analyzing the increasing impact of terrorism.

English

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9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

American Enterprise Project

Banking and Financial Systems

Economics

Emerging Business IssuesThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA State

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NBEA Achievement Standards for Economics

National MBAResearch Standards-Business Administration

Handbook.

EntrepreneurshipThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Global BusinessThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Impromptu SpeakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Introduction to Business

Management Decision MakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

MarketingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Evaluate the trade-offs of alternatives for solving societal problems according toeconomic goals (e.g., economic growth, equity, efficiency, security, employment, stability, andfreedom).

Explain the effects of leading economic indicators on a personal financial plan.

Understand economic indicators to recognize economic trends and conditions.

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Definition

Description should focus on the balance of trade (to avoid surplus and deficit) and include the influence of

increased competition, which regulates the cost of goods and servicesgreater variety of goods and servicesincreased tax revenues, especially from imports and exportspolitical alliances with other countriesincreased number of jobs in some countries and increased unemployment in othersimprovement in product qualityincreased competition affecting costs of goods and servicesdecreased tax revenue due to loss of domestic manufacturingincreased economic interdependence among countriesexchange ratestrade barrierstrade agreementsworld events.

Process/Skill Questions

What is meant by balance of trade?What is the role of imports and exports in world trade?How can trade barriers affect world trade?What is economic interdependence? Why is it important in today’s world?How does a country’s exchange rate affect trade?What are the advantages and disadvantages of trade agreements?What is the World Trade Organization (WTO)? What is its primary goal?What is a common market?How do common markets differ from trade agreements?

Related Standards of Learning

History and Social Science

GOVT.12

The student will apply social science skills to understand the role of the United States in a changingworld by

a. describing the responsibilities of the national government for foreign policy and nationalsecurity;

b. assessing the role of national interest in shaping foreign policy and promoting world peace;and

c. examining the relationship of Virginia and the United States to the global economy, includingtrends in international trade.

GOVT.13

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The student will apply social science skills to understand how world governments and economiescompare and contrast with the government and the economy in the United States by

a. describing the distribution of governmental power;b. explaining the relationship between the legislative and executive branches;c. comparing and contrasting the extent of participation in the political process; andd. comparing and contrasting economic systems.

WHII.4

The student will apply social science skills to understand the impact of the European Age ofExploration by

a. explaining the political and economic goals of European exploration and colonization;b. describing the geographic expansion into Africa, Asia, and the Americas;c. comparing and contrasting the social and cultural influences of European settlement on

Africa, Asia, and the Americas;d. analyzing how competition for colonies changed the economic system of Europe; ande. defining and describing how the Scientific Revolution led to social and technological changes

that influenced the European view of the world.

WHII.8

The student will apply social science skills to understand the changes in European nations between1800 and 1900 by

a. explaining the roles of resources, capital, and entrepreneurship in developing an industrialeconomy;

b. analyzing the effects of the Industrial Revolution on society and culture, with emphasis on theevolution of the nature of work and the labor force, including its effects on families and thestatus of women and children;

c. describing how industrialization affected economic and political systems in Europe, withemphasis on the slave trade and the labor union movement;

d. assessing the impact of Napoleon and the Congress of Vienna on political power in Europe;e. explaining the events related to the unification of Italy and the role of Italian nationalism; andf. explaining the events related to the unification of Germany and the role of Bismarck.

WHII.10

The student will apply social science skills to understand World War I and its worldwide impact by

a. explaining economic and political causes and identifying major leaders of the war, withemphasis on Woodrow Wilson and Kaiser Wilhelm II;

b. describing the location of major battles and the role of new technologies;c. analyzing and explaining the terms of the Treaty of Versailles and the actions of the League of

Nations, with emphasis on the mandate system;d. citing causes and consequences of the Russian Revolution;e. explaining the causes and assessing the impact of worldwide depression in the 1930s; andf. examining the rise of totalitarianism.

WHII.11

The student will apply social science skills to understand World War II and its worldwide impact by

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a. explaining the major causes of the war;b. describing the leaders of the war, with emphasis on Franklin D. Roosevelt, Harry Truman,

Dwight D. Eisenhower, Douglas MacArthur, George C. Marshall, Winston Churchill, JosephStalin, Adolf Hitler, Hideki Tojo, and Hirohito;

c. describing the major events, including major battles and the role of new technologies;d. examining the Holocaust and other examples of genocide in the twentieth century; ande. examining the effects of the war, with emphasis on the terms of the peace, the war crimes

trials, the division of Europe, plans to rebuild Germany and Japan, and the creation ofinternational cooperative organizations and the Universal Declaration of Human Rights(1948).

WHII.12

The student will apply social science skills to understand the conflicts during the second half of thetwentieth century by

a. explaining the causes of the Cold War, including the competition between the American andSoviet economic and political systems and the causes of the collapse of communism in theSoviet Union and Eastern Europe;

b. describing the major leaders and events of the Cold War, including the location of majorconflicts;

c. describing conflicts and revolutionary movements in Asia and their major leaders, includingMao Tse-tung (Zedong), Chiang Kai-shek, Deng Xiaoping, and Ho Chi Minh; and

d. examining the political and economic shifts that led to the end of the Cold War, withemphasis on Margaret Thatcher, Mikhail Gorbachev, and Ronald Reagan.

WHII.13

The student will apply social science skills to understand of the political, economic, social, andcultural aspects of independence movements and development efforts by

a. describing the struggles for self-rule, including Gandhi’s leadership in India and thedevelopment of India’s democracy;

b. describing Africa’s independence movements, including Jomo Kenyatta’s leadership ofKenya and Nelson Mandela’s role in South Africa; and

c. describing the end of the mandate system and the creation of states in the Middle East,including the roles of Golda Meir and Gamal Abdel Nasser.

WHII.14

The student will apply social science skills to understand the global changes during the earlytwenty-first century by

a. identifying contemporary political issues, with emphasis on migrations of refugees andothers, ethnic/religious conflicts, and the impact of technology, including the role of socialmedia and chemical and biological technologies;

b. assessing the link between economic and political freedom;c. describing economic interdependence, including the rise of multinational corporations,

international organizations, and trade agreements; andd. analyzing the increasing impact of terrorism.

English

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9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

American Enterprise Project

Economics

Emerging Business IssuesThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Entrepreneurship

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NBEA Achievement Standards for Economics

The topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Global BusinessThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Impromptu SpeakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Introduction to Business

Management Decision MakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

MarketingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Analyze different countries to determine their comparative advantage of individualswithin those countries for making and trading goods and services.

Analyze how a change in the value of a nation's currency (appreciation or depreciation)can affect the level of its imports and exports.

Appraise free trade agreements between and among nations.

Compare and contrast absolute and comparative advantage.

Determine how the supply and demand of a currency affects its foreign exchange rate.

Discuss the advantages and disadvantages of trade restrictions (e.g., tariffs, quotas, andembargoes).

Discuss the influence of cartels on international trade.

Distinguish between the balance of trade and the balance of payments.

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National MBAResearch Standards-Business Administration

Evaluate the impact of international economic unions on the global community and theinfluence these unions have on the member nations and on different groups within thosenations.

Examine the role of trade, protectionism, and monetary markets in the global economy.

Identify primary trading partners within the global economy.

Identify resources that are abundant or in short supply in various countries throughoutthe world.

Determine global trade's impact on business decision making.

Understand the nature of business to show its contributions to society.

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Definition

Identification should include describing the characteristics of the four types of businesses:

Service—provides intangible products (e.g. repair shops, banks, accounting firms, law firms)Merchandising—buys products at wholesale price and sells the same at retail price; sells a productwithout changing its form (e.g. grocery stores, convenience stores, distributors, other resellers)Manufacturing—buys products with the intention of using them as materials in making a new product.Combines raw materials, labor, and factory overhead in its production process. Manufactured goods aresold to customers.Hybrid—classified in more than one type of business; may be classified according to their majorbusiness interest. For example, a restaurant combines ingredients in making a fine meal(manufacturing), sells a cold bottle of refreshment (merchandising), and fills customer orders (service).Restaurants would therefore be classified as a service business since they provide dining services astheir major interest.

Process/Skill Questions

What is the relationship among the four types of businesses?What are some examples from the local community of each type of business?Is one type of business more important than the others? Why, or why not?What trends are occurring in the implementation of new businesses?

Related Standards of Learning

History and Social Science

GOVT.1

The student will demonstrate skills for historical thinking, geographical analysis, economic decisionmaking, and responsible citizenship by

a. planning inquiries by synthesizing information from diverse primary and secondary sources;b. analyzing how political and economic trends influence public policy, using demographic

information and other data sources;c. comparing and contrasting historical, cultural, economic, and political perspectives;d. evaluating critically the quality, accuracy, and validity of information to determine

misconceptions, fact and opinion, and bias;e. constructing informed, analytic arguments using evidence from multiple sources to introduce

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and support substantive and significant claims;f. explaining how cause-and-effect relationships impact political and economic events;g. taking knowledgeable, constructive action, individually and collaboratively, to address

school, community, local, state, national, and global issues;h. using a decision-making model to analyze the costs and benefits of a specific choice,

considering incentives and possible consequences;i. applying civic virtues and democratic principles to make collaborative decisions; andj. communicating conclusions orally and in writing to a wide range of audiences, using

evidence from multiple sources and citing specific sources.

WHII.4

The student will apply social science skills to understand the impact of the European Age ofExploration by

a. explaining the political and economic goals of European exploration and colonization;b. describing the geographic expansion into Africa, Asia, and the Americas;c. comparing and contrasting the social and cultural influences of European settlement on

Africa, Asia, and the Americas;d. analyzing how competition for colonies changed the economic system of Europe; ande. defining and describing how the Scientific Revolution led to social and technological changes

that influenced the European view of the world.

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.

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e. Interpret and use data and information in maps, charts, graphs, timelines, tables, anddiagrams.

f. Draw conclusions and make inferences on explicit and implied information using textualsupport as evidence.

g. Analyze and synthesize information in order to solve problems, answer questions, andgenerate new knowledge.

h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

National MBAResearch Standards-Business Administration

American Enterprise Project

Economics

Emerging Business IssuesThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

EntrepreneurshipThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Global BusinessThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Impromptu SpeakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Introduction to Business

Management Decision MakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

MarketingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

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Definition

Comparison should include definitions, advantages, disadvantages, and examples of

sole proprietorship—owned by one personpartnership—owned by a small group of people, usually two or three

general partnershiplimited partnership

corporation—owned by a number of people and operated under written permission from the state, witha separate legal personality from its ownerslimited liability company (LLC)—hybrid form of business that has characteristics of both a corporationand a partnershiplimited liability partnership (LLP)—allows partners to enjoy limited personal liability, while generalpartners have unlimited liabilityS-corporation—meets specific Internal Revenue Service (IRS) code requirements that give acorporation with 100 or fewer employees the benefit of incorporation while being taxed as a partnershipfranchise—business opportunity that allows the franchisee to start a business by legally using someoneelse’s (the franchisor’s) expertise, ideas, and processesnonprofit organization—formed to carry out a charitable, educational, religious, literary, or scientificpurpose; does not pay federal or state income taxes on profits from activities in which it engages tocarry out its objectivescooperative—an association of persons united voluntarily to meet common economic, social, andcultural needs and aspirations through jointly owned and democratically controlled enterprise.

Process/Skill Questions

What are the advantages of each type of business ownership?What are the disadvantages of each type of business ownership?What examples from the local community represent each type of ownership?What is limited liability? What is unlimited liability?What are the basic similarities between a sole proprietorship and a franchise business? What are theadvantages of each?What is the difference between an LLC and an LLP?

Related Standards of Learning

History and Social Science

Understand the nature of business to show its contributions to society.

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GOVT.1

The student will demonstrate skills for historical thinking, geographical analysis, economic decisionmaking, and responsible citizenship by

a. planning inquiries by synthesizing information from diverse primary and secondary sources;b. analyzing how political and economic trends influence public policy, using demographic

information and other data sources;c. comparing and contrasting historical, cultural, economic, and political perspectives;d. evaluating critically the quality, accuracy, and validity of information to determine

misconceptions, fact and opinion, and bias;e. constructing informed, analytic arguments using evidence from multiple sources to introduce

and support substantive and significant claims;f. explaining how cause-and-effect relationships impact political and economic events;g. taking knowledgeable, constructive action, individually and collaboratively, to address

school, community, local, state, national, and global issues;h. using a decision-making model to analyze the costs and benefits of a specific choice,

considering incentives and possible consequences;i. applying civic virtues and democratic principles to make collaborative decisions; andj. communicating conclusions orally and in writing to a wide range of audiences, using

evidence from multiple sources and citing specific sources.

WHII.4

The student will apply social science skills to understand the impact of the European Age ofExploration by

a. explaining the political and economic goals of European exploration and colonization;b. describing the geographic expansion into Africa, Asia, and the Americas;c. comparing and contrasting the social and cultural influences of European settlement on

Africa, Asia, and the Americas;d. analyzing how competition for colonies changed the economic system of Europe; ande. defining and describing how the Scientific Revolution led to social and technological changes

that influenced the European view of the world.

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

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complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

American Enterprise Project

Economics

Emerging Business IssuesThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

EntrepreneurshipThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Global BusinessThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Impromptu SpeakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Introduction to Business

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NBEA Achievement Standards for Entrepreneurship

NBEA Achievement Standards for Management

National MBAResearch Standards-Business Administration

Management Decision MakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

MarketingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Compare and contrast the advantages and disadvantages of the various forms ofbusiness ownership.

Define a corporation and explain how it differs from a sole proprietorship and apartnership.

Define and give examples of franchising.

Compare the forms of business ownership.

Identify and provide examples of the basic forms of business ownership (e.g., soleproprietorship, partnership, cooperative, LLC, and corporation).

Identify variations of basic ownership forms (e.g., franchise, limited partnership,limited liability company, and S corporation).

Understand fundamental economic concepts to obtain a foundation for employment inbusiness.

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Definition

Identification should include explaining

planningorganizingstaffingimplementing/directingcontrollingevaluating.

Process/Skill Questions

What is management?Which function of management must occur first? Why?What is the relationship between planning and controlling?What is the difference between implementing/directing and controlling?Why is evaluating important?

Related Standards of Learning

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

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diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

NBEA Achievement Standards for Management

American Enterprise Project

Economics

Emerging Business IssuesThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

EntrepreneurshipThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Global BusinessThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Impromptu SpeakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Introduction to Business

Management Decision MakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

MarketingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

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National MBAResearch Standards-Business Administration

Analyze the management functions and their implementation and integration within thebusiness environment.

Compare and contrast the organizing function to other management functions.

Compare and contrast the leading/directing function to other management functions.

Compare and contrast the planning function to other management functions.

Acquire self-development skills to enhance relationships and improve efficiency in thework environment.

Apply verbal skills to obtain and convey information.

Communicate with staff to clarify workplace objectives.

Control an organization's/department's activities to encourage growth anddevelopment.

Exhibit techniques to manage emotional reactions to people and situations.

Foster self-understanding to recognize the impact of personal feelings on others.

Identify with others' feelings, needs, and concerns to enhance interpersonal relations.

Implement organizational skills to facilitate others' work efforts.

Manage internal and external business relationships to foster positive interactions.

Manage staff growth and development to increase productivity and employeesatisfaction.

Read to acquire meaning from written material and to apply the information to a task.

Recognize management's role to understand its contribution to business success.

Write internal and external business correspondence to convey and obtain informationeffectively.

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Definition

Comparison should include definitions, advantages, and disadvantages of the following.

Visionary: This style is most appropriate when an organization needs a new direction. Its goal is tomove people toward a new set of shared visions.Coaching: This is a one-on-one style focusing on developing individuals, showing them how toimprove their performance, and helping to connect their goals to the goals of the organization. Theleader asks for feedback from employees but comes to a final decision him/herself.Affiliative: This style emphasizes the importance of teamwork and aims to create harmony in a groupby connecting people to each other.Facilitating (democratic): This style draws on people’s knowledge and skills and creates groupcommitment to the resulting goals. It works best when the direction the organization is unclear and theleader needs to tap the collective wisdom of the group.Pace-setting: In this style, the leader sets high standards of performance, is obsessive about doing thingsbetter and faster, and asks the same of everyone.Commanding: This is the classic military style and is probably the most used but the least ofteneffective. It rarely involves praise and frequently employs criticism undercutting morale and jobsatisfaction.

Process/Skill Questions

What is leadership?What are the advantages and disadvantages of each major leadership style, as practiced in the businessworld? In the marketing field?How can an individual develop leadership skills?How is it possible for a person to change leadership styles? In what types of situations might a changeof style be important?How do leaders encourage a culture of teamwork?What famous leaders (real or fictional) exemplify each style?

Related Standards of Learning

History and Social Science

WHI.3

The student will apply social science skills to understand the ancient river valley civilizations,including those of Mesopotamia, Egypt, the Indus River Valley, and China and the civilizations ofthe Hebrews and Phoenicians, by

a. locating these civilizations in time and place and describing their major geographic features;

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b. describing the development of social, political, and economic patterns, including slavery;c. explaining the development and interactions of religious traditions;d. describing the origins, beliefs, traditions, customs, and spread of Judaism; ande. explaining the development of language and writing.

WHI.4

The student will apply social science skills to understand the civilizations of Persia, India, andChina in terms of chronology, geography, social structures, government, economy, religion, andcontributions to later civilizations by

a. locating Persia in time and place, including Zoroastrianism and the development of animperial bureaucracy;

b. locating India in time and place, including its origins, early development, and the debate overthe Aryan migrations;

c. describing the origins, beliefs, traditions, customs, and spread of Hinduism;d. describing the origins, beliefs, traditions, customs, and spread of Buddhism;e. locating China in time and place, including the development of an empire and the

construction of the Great Wall; andf. describing the impact of Confucianism, Taoism, and Buddhism.

WHI.5

The student will apply social science skills to understand ancient Greece in terms of its impact onWestern civilization by

a. locating Greek civilizations in time and place and describing their major geographic features;b. describing the social and religious structure of ancient Greece;c. describing the cultural development of Athens and Sparta, with emphasis on the significance

of citizenship and the development of democracy;d. evaluating the political and economic development of Greece, with emphasis on the Persian

and Peloponnesian wars;e. evaluating the significance of the conquest of Greece by Macedonia and the formation and

spread of Hellenistic culture by Alexander the Great; andf. citing and explaining contributions in drama, poetry, history, sculpture, architecture, science,

mathematics, and philosophy, with emphasis on Socrates, Plato, and Aristotle.

WHI.6

The student will apply social science skills to understand ancient Rome from about 700 B.C.(B.C.E.) to 500 A.D. (C.E.) in terms of its impact on Western civilization by

a. locating Roman civilizations in time and place and describing their major geographicfeatures;

b. describing the social and religious structure of ancient Rome;c. describing the social structure and cultural development of the Roman Republic;d. describing and evaluating the political and military structure of the Roman Republic under the

rule of Julius Caesar;e. describing and evaluating the political structure of the Roman Empire under the rule of

Augustus Caesar;f. assessing the economic structure of Rome, Rome’s imperial conquests, and the Pax Romana;

and

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g. evaluating the fall of the Western Roman Empire and the Germanic invasions.

WHI.8

The student will apply social science skills to understand the Byzantine Empire and Eastern Europefrom about 300 to 1000 A.D. (C.E.) by

a. explaining the influence of geography on the establishment of Constantinople as the capital ofthe Eastern Roman Empire and describing the Byzantine Empire in time and place;

b. describing Justinian and his contributions, including the codification of Roman law, and theexpansion of the Byzantine Empire and economy;

c. characterizing the role Byzantine art and architecture played in the preservation of Greek andRoman traditions;

d. explaining the disputes that led to the split between the Roman Catholic Church and theGreek Orthodox Church; and

e. analyzing and explaining the influence of Byzantine culture on Eastern Europe.

WHI.9

The student will apply social science skills to understand the Islamic civilization from about 600 to1000 A.D. (C.E.) by

a. describing the origin, location, beliefs, traditions, customs, and spread of Islam, withemphasis on the Sunni-Shi’a division and the Battle of Tours;

b. assessing the influence of geography on Islamic economic, social, and political development,including the impact of conquest and trade; and

c. explaining the cultural and scientific contributions and achievements of Islamic civilization.

WHI.10

The student will apply social science skills to understand Western Europe during the Middle Agesfrom about 500 to 1000 A.D. (C.E.) in terms of its impact on Western civilization by

a. locating and describing the societies of Western Europe during the Middle Ages in time andplace;

b. describing the social, religious, and cultural development of the Franks, with emphasis on theAge of Charlemagne;

c. explaining the social, religious, and cultural development of the Magyars and Anglo-Saxons;d. describing the social, religious, and cultural patterns of the Vikings; ande. evaluating and explaining the development of feudalism and the manor system.

WHI.11

The student will apply social science skills to understand the civilizations and empires of Asia, withemphasis on Japan and China, by

a. locating and explaining major global and regional trade routes;b. explaining technological advances and transfers, networks of economic interdependence, and

cultural interactions;c. explaining the impact of Shinto and Buddhist traditions and the influence of Chinese culture

on the region; andd. evaluating the impact of the Mongol Empire throughout Asia.

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WHI.12

The student will apply social science skills to understand the civilizations and empires of Africa,with emphasis on the African kingdoms of Axum and Zimbabwe and the West African civilizationsof Ghana, Mali, and Songhai, by

a. locating early civilizations and kingdoms in time and place and describing major geographicfeatures;

b. explaining the development of social, political, economic, religious, and cultural patterns ineach region; and

c. evaluating and explaining the European interactions with these societies, with emphasis ontrading and economic interdependence.

WHI.13

The student will apply social science skills to understand the major civilizations of the WesternHemisphere, including the Mayan, Aztec, and Incan, by

a. locating early civilizations in time and place and describing major geographic features;b. explaining the development of social, political, economic, religious, and cultural patterns in

the civilizations of the Americas; andc. evaluating and explaining the European interactions with these societies, with emphasis on

trading and economic interdependence.

WHI.14

The student will apply social science skills to understand the social, economic, and political changesand cultural achievements in the high and late medieval periods by

a. describing the emergence of centralized monarchies (England, France, Spain, and Russia) anddistinctive political developments in each;

b. explaining conflicts across Europe and Asia, including the Crusades and the fall ofConstantinople;

c. explaining patterns of crisis and recovery related to the Black Death (bubonic plague); andd. evaluating and explaining the preservation and transfer to Western Europe of Greek, Roman,

and Arabic philosophy, medicine, and science.

WHI.15

The student will apply social science skills to understand the developments leading to theRenaissance in Europe in terms of its impact on Western civilization by

a. determining the economic and cultural foundations of the Italian Renaissance;b. sequencing events related to the rise of Italian city-states and their political development,

including Machiavelli’s theory of governing as described in The Prince;c. citing the contributions of artists and philosophers of the Renaissance, as contrasted with the

medieval period, including Leonardo da Vinci, Michelangelo, and Petrarch; andd. comparing and contrasting the Italian and the Northern Renaissance, and citing the

contributions of writers.

WHII.2

The student will apply social science skills to understand the political, cultural, geographic, and

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economic conditions in the world about 1500 A.D. (C.E.) by

a. locating major states and empires;b. describing artistic, literary, and intellectual ideas of the Renaissance;c. describing the distribution of major religions;d. analyzing major trade patterns; ande. citing major technological and scientific exchanges in the Eastern Hemisphere.

WHII.4

The student will apply social science skills to understand the impact of the European Age ofExploration by

a. explaining the political and economic goals of European exploration and colonization;b. describing the geographic expansion into Africa, Asia, and the Americas;c. comparing and contrasting the social and cultural influences of European settlement on

Africa, Asia, and the Americas;d. analyzing how competition for colonies changed the economic system of Europe; ande. defining and describing how the Scientific Revolution led to social and technological changes

that influenced the European view of the world.

WHII.5

The student will apply social science skills to understand the political, cultural, geographic, andeconomic conditions in Europe and Russia from about 1500 A.D. (C.E.) to about 1800 A.D. (C.E.)by

a. locating European nations and their empires in time and place and identifying majorgeographic features of Europe;

b. describing the development of social and cultural patterns in the Hapsburg empire, withemphasis on Charles V;

c. describing the development of social and cultural patterns in France, with emphasis on theAge of Absolutism, Louis XIV, and the Enlightenment period;

d. describing the development of social and cultural patterns in Great Britain, with emphasis onthe English Civil War and the Glorious Revolution and their impacts on democracy;

e. explaining the causes and effects of the American and French Revolutions;f. describing the development of social and cultural patterns in the German states;g. describing the development of social and cultural patterns in the Italian states; andh. describing the development of social and cultural patterns in Russia, with emphasis on Peter

the Great.

WHII.6

The student will apply social science skills to understand the political, cultural, geographic, andeconomic conditions in Asia from about 1500 A.D. (C.E.) to about 1800 A.D. (C.E.) by

a. locating Asian empires in time and place and identifying major geographic features;b. describing the location and development of social and cultural patterns in the Ottoman

Empire;c. describing the location and development of social and cultural patterns in India, with

emphasis on the Mughal Empire and coastal trade;d. describing the location and development of social and cultural patterns in China, with

emphasis on the Qing (Manchu) dynasty;

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e. describing the location and development of social and cultural patterns in Japan, withemphasis on the Japanese shogunate; and

f. comparing and contrasting the political and economic systems of Asian empires.

WHII.7

The student will demonstrate an understanding of the political, cultural, geographic, and economicconditions in sub-Saharan Africa from about 1500 A.D. (C.E.) to about 1800 A.D. (C.E.) by

a. locating major societies in Africa in time and place and identifying major geographicfeatures;

b. comparing and contrasting the development of social and cultural patterns in East Africa andWest Africa;

c. comparing and contrasting the development of social and cultural patterns in Central andSouthern Africa; and

d. explaining the development of political and economic systems in African societies.

WHII.8

The student will apply social science skills to understand the changes in European nations between1800 and 1900 by

a. explaining the roles of resources, capital, and entrepreneurship in developing an industrialeconomy;

b. analyzing the effects of the Industrial Revolution on society and culture, with emphasis on theevolution of the nature of work and the labor force, including its effects on families and thestatus of women and children;

c. describing how industrialization affected economic and political systems in Europe, withemphasis on the slave trade and the labor union movement;

d. assessing the impact of Napoleon and the Congress of Vienna on political power in Europe;e. explaining the events related to the unification of Italy and the role of Italian nationalism; andf. explaining the events related to the unification of Germany and the role of Bismarck.

WHII.9

The student will apply social science skills to understand global interactions between 1800 to about1900 by

a. locating the United States of America, describing its expansion between 1776 and 1900, andassessing its changing role in the world;

b. locating Latin America, explaining the causes and effects of the revolutions, with emphasis onthe contributions of Toussaint L’Ouverture and Simón Bolívar, and identifying the impact ofthe American and French Revolutions on Latin America;

c. describing the political and social challenges faced by Latin American nations, with emphasison the Monroe Doctrine;

d. assessing the impact of European colonization and imperialism on Asia, Africa, the PacificIslands, and Australia; and

e. analyzing the relationship between industrialization, imperialism, and nationalism.

WHII.10

The student will apply social science skills to understand World War I and its worldwide impact by

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a. explaining economic and political causes and identifying major leaders of the war, withemphasis on Woodrow Wilson and Kaiser Wilhelm II;

b. describing the location of major battles and the role of new technologies;c. analyzing and explaining the terms of the Treaty of Versailles and the actions of the League of

Nations, with emphasis on the mandate system;d. citing causes and consequences of the Russian Revolution;e. explaining the causes and assessing the impact of worldwide depression in the 1930s; andf. examining the rise of totalitarianism.

WHII.11

The student will apply social science skills to understand World War II and its worldwide impact by

a. explaining the major causes of the war;b. describing the leaders of the war, with emphasis on Franklin D. Roosevelt, Harry Truman,

Dwight D. Eisenhower, Douglas MacArthur, George C. Marshall, Winston Churchill, JosephStalin, Adolf Hitler, Hideki Tojo, and Hirohito;

c. describing the major events, including major battles and the role of new technologies;d. examining the Holocaust and other examples of genocide in the twentieth century; ande. examining the effects of the war, with emphasis on the terms of the peace, the war crimes

trials, the division of Europe, plans to rebuild Germany and Japan, and the creation ofinternational cooperative organizations and the Universal Declaration of Human Rights(1948).

WHII.12

The student will apply social science skills to understand the conflicts during the second half of thetwentieth century by

a. explaining the causes of the Cold War, including the competition between the American andSoviet economic and political systems and the causes of the collapse of communism in theSoviet Union and Eastern Europe;

b. describing the major leaders and events of the Cold War, including the location of majorconflicts;

c. describing conflicts and revolutionary movements in Asia and their major leaders, includingMao Tse-tung (Zedong), Chiang Kai-shek, Deng Xiaoping, and Ho Chi Minh; and

d. examining the political and economic shifts that led to the end of the Cold War, withemphasis on Margaret Thatcher, Mikhail Gorbachev, and Ronald Reagan.

WHII.13

The student will apply social science skills to understand of the political, economic, social, andcultural aspects of independence movements and development efforts by

a. describing the struggles for self-rule, including Gandhi’s leadership in India and thedevelopment of India’s democracy;

b. describing Africa’s independence movements, including Jomo Kenyatta’s leadership ofKenya and Nelson Mandela’s role in South Africa; and

c. describing the end of the mandate system and the creation of states in the Middle East,including the roles of Golda Meir and Gamal Abdel Nasser.

WHII.14

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The student will apply social science skills to understand the global changes during the earlytwenty-first century by

a. identifying contemporary political issues, with emphasis on migrations of refugees andothers, ethnic/religious conflicts, and the impact of technology, including the role of socialmedia and chemical and biological technologies;

b. assessing the link between economic and political freedom;c. describing economic interdependence, including the rise of multinational corporations,

international organizations, and trade agreements; andd. analyzing the increasing impact of terrorism.

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

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NBEA Achievement Standards for Management

National MBAResearch Standards-Business Administration

Definition

Explanation should include

consumer needs and wantsprofit in a businesscustomer satisfactionconsumer vs. customerproducts (goods and services)utilitiesexchange.

Process/Skill Questions

What is meant by the marketing concept?What is the purpose of marketing?What are the different ways a business might market its products or services?What are the benefits of the marketing concept to customers? To businesses?What are the similarities and differences between a business that uses the marketing concept and onethat does not?What role does the marketing mix play in the marketing concept?To what extent does quality of experience influence a customer’s overall satisfaction with a purchase?What is the basic question that a business must ask to incorporate the marketing concept? Why is itessential to business success?

Future Business Leader

Introduction to Business

Compare and contrast leadership styles.

Control an organization's/department's activities to encourage growth anddevelopment.

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Related Standards of Learning

History and Social Science

WHII.8

The student will apply social science skills to understand the changes in European nations between1800 and 1900 by

a. explaining the roles of resources, capital, and entrepreneurship in developing an industrialeconomy;

b. analyzing the effects of the Industrial Revolution on society and culture, with emphasis on theevolution of the nature of work and the labor force, including its effects on families and thestatus of women and children;

c. describing how industrialization affected economic and political systems in Europe, withemphasis on the slave trade and the labor union movement;

d. assessing the impact of Napoleon and the Congress of Vienna on political power in Europe;e. explaining the events related to the unification of Italy and the role of Italian nationalism; andf. explaining the events related to the unification of Germany and the role of Bismarck.

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

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support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

NBEA Achievement Standards for Marketing

National MBAResearch Standards-Business Administration

American Enterprise Project

MarketingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Describe the importance of marketing in a global economy.

Describe the wide scope of marketing--business-to-consumer, business-to-business,industrial, nonprofit, personal, government, and electronic.

Acquire a foundational knowledge of product/service management to understand itsnature and scope.

Acquire a foundational knowledge of promotion to understand its nature and scope.

Acquire foundational knowledge of channel management to understand its role inmarketing.

Develop a foundational knowledge of pricing to understand its role in marketing.

Understand marketing's role and function in business to facilitate economic exchangeswith customers.

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Definition

Description should include the following functions:

Marketing information management (gathering, storing, and analyzing information, includingmarketing research)Market planning (understanding the concepts and strategies used to develop and target to a selectaudience)Pricing (setting prices)Promotion (using a variety of communication methods to educate customers about a business andattract them to buy its products)Product management (designing and developing goods and services)Distribution, or channel management (transporting products to customers)Selling (exchanging a product for an agreed-upon amount of money)

Process/Skill Questions

What role does each marketing function play in the overall marketing process?What is the importance of each marketing function to business success?How are the marketing functions interrelated?Which marketing function is most important to a business? Why?What technology trends have influenced the selling and distribution functions?How do the marketing functions support the marketing concept?

Related Standards of Learning

History and Social Science

GOVT.1

The student will demonstrate skills for historical thinking, geographical analysis, economic decisionmaking, and responsible citizenship by

a. planning inquiries by synthesizing information from diverse primary and secondary sources;b. analyzing how political and economic trends influence public policy, using demographic

information and other data sources;c. comparing and contrasting historical, cultural, economic, and political perspectives;d. evaluating critically the quality, accuracy, and validity of information to determine

misconceptions, fact and opinion, and bias;e. constructing informed, analytic arguments using evidence from multiple sources to introduce

and support substantive and significant claims;f. explaining how cause-and-effect relationships impact political and economic events;g. taking knowledgeable, constructive action, individually and collaboratively, to address

school, community, local, state, national, and global issues;h. using a decision-making model to analyze the costs and benefits of a specific choice,

considering incentives and possible consequences;i. applying civic virtues and democratic principles to make collaborative decisions; andj. communicating conclusions orally and in writing to a wide range of audiences, using

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evidence from multiple sources and citing specific sources.

WHII.8

The student will apply social science skills to understand the changes in European nations between1800 and 1900 by

a. explaining the roles of resources, capital, and entrepreneurship in developing an industrialeconomy;

b. analyzing the effects of the Industrial Revolution on society and culture, with emphasis on theevolution of the nature of work and the labor force, including its effects on families and thestatus of women and children;

c. describing how industrialization affected economic and political systems in Europe, withemphasis on the slave trade and the labor union movement;

d. assessing the impact of Napoleon and the Congress of Vienna on political power in Europe;e. explaining the events related to the unification of Italy and the role of Italian nationalism; andf. explaining the events related to the unification of Germany and the role of Bismarck.

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

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generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

NBEA Achievement Standards for Marketing

National MBAResearch Standards-Business Administration

American Enterprise Project

MarketingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Describe the role of the marketing system in a developing nation's economy.

Describe the wide scope of marketing--business-to-consumer, business-to-business,industrial, nonprofit, personal, government, and electronic.

Acquire a foundational knowledge of product/service management to understand itsnature and scope.

Acquire a foundational knowledge of promotion to understand its nature and scope.

Acquire a foundational knowledge of selling to understand its nature and scope.

Acquire foundational knowledge of channel management to understand its role inmarketing.

Acquire foundational knowledge of marketing-information management to understandits nature and scope.

Develop a foundational knowledge of pricing to understand its role in marketing.

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Definition

Definition should emphasize that a target market is determined by researching information with a focus ondemographic, geographic, psychographic, and behavioral factors that are used to identify and build acommunity of potential customers.

Process/Skill Questions

What questions help to identify a target market?Why is it important for a business to use a scientific research process to identify its target market?Why is “everyone” not a target market, even though a business would want everyone to buy theirproduct?What methods might be used to identify specific target markets?

Related Standards of Learning

English

9.3The student will apply knowledge of word origins, derivations, and figurative language to extendvocabulary development in authentic texts.

a. Use structural analysis of roots, affixes, synonyms, and antonyms to understand complexwords.

b. Use context, structure, and connotations to determine meanings of words and phrases.c. Discriminate between connotative and denotative meanings and interpret the connotation.d. Identify the meaning of common idioms.e. Explain the meaning of literary and classical allusions and figurative language in text.f. Extend general and cross-curricular vocabulary through speaking, listening, reading, and

writing.

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.

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i. Analyze, organize, and synthesize information in order to solve problems, answer questions,complete a task, or create a product.

j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.3The student will apply knowledge of word origins, derivations, and figurative language to extendvocabulary development in authentic texts.

a. Use structural analysis of roots, affixes, synonyms, and antonyms, to understand complexwords.

b. Use context, structure, and connotations to determine meanings of words and phrases.c. Discriminate between connotative and denotative meanings and interpret the connotation.d. Explain the meaning of common idioms.e. Explain the meaning of literary and classical allusions and figurative language in text.f. Extend general and cross-curricular vocabulary through speaking, listening, reading, and

writing.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

National MBAResearch Standards-Business Administration

Business Financial Plan

Business Plan

MarketingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

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Definition

Explanation should include the following types of market segmentation:

Geographic (e.g., location, climate, city or community size)Demographic (e.g., age, gender, ethnicity, income bracket, marital status, family size, education level)Psychographic (e.g., activities, attitudes, personality and values, lifestyle)Behavioral (e.g., features desired, usage rate, brand loyalty)

Process/Skill Questions

What is market segmentation?What are common methods of market segmentation?Why is market segmentation important?What differentiates behavioral from psychographic factors?How can market identification help businesses respond to customers’ needs and preferences?How can businesses use market segmentation methods to introduce a new product?How can knowledge about the different stages of life aid a business with market segmentation?How can market segmentation help a business identify opportunities?

Related Standards of Learning

History and Social Science

GOVT.1

The student will demonstrate skills for historical thinking, geographical analysis, economic decisionmaking, and responsible citizenship by

a. planning inquiries by synthesizing information from diverse primary and secondary sources;b. analyzing how political and economic trends influence public policy, using demographic

information and other data sources;c. comparing and contrasting historical, cultural, economic, and political perspectives;

Acquire product knowledge to communicate product benefits and to ensureappropriateness of product for the customer.

Understand marketing's role and function in business to facilitate economic exchangeswith customers.

Understand the use of an advertisement's components to communicate with targetedaudiences.

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d. evaluating critically the quality, accuracy, and validity of information to determinemisconceptions, fact and opinion, and bias;

e. constructing informed, analytic arguments using evidence from multiple sources to introduceand support substantive and significant claims;

f. explaining how cause-and-effect relationships impact political and economic events;g. taking knowledgeable, constructive action, individually and collaboratively, to address

school, community, local, state, national, and global issues;h. using a decision-making model to analyze the costs and benefits of a specific choice,

considering incentives and possible consequences;i. applying civic virtues and democratic principles to make collaborative decisions; andj. communicating conclusions orally and in writing to a wide range of audiences, using

evidence from multiple sources and citing specific sources.

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

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FBLA Competitive Events and Activities Areas

National MBAResearch Standards-Business Administration

Definition

Use should include dividing a population into subgroups according to common characteristics in order todiscover and focus on a promising target market.

Process/Skill Questions

What is the benefit of segmenting a market?How does new computer technology help with market segmentation?Is customer profiling beneficial to the customer as well as the seller? Why, or why not?Why is it important to use multiple segmentation factors to identify a target market?Why is it important to create a customer profile and use it to segment one’s market?

Related Standards of Learning

Business Financial Plan

Business Plan

MarketingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Acquire product knowledge to communicate product benefits and to ensureappropriateness of product for the customer.

Understand marketing's role and function in business to facilitate economic exchangeswith customers.

Understand sales processes and techniques to enhance customer relationships and toincrease the likelihood of making sales.

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English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

American Enterprise Project

Business Financial Plan

Business Plan

Marketing

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NBEA Achievement Standards for Marketing

National MBAResearch Standards-Business Administration

Definition

Description should include a definition of marketing mix that incorporates the following four components(four Ps):

Product (any good or service offered to the target market)Place (distribution or convenience)Price (payment and method)Promotion (methods of communication)

Process/Skill Questions

What are the four Ps of the marketing mix? Why is “people” sometimes called the fifth P of marketing?

The topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Define market segmentation and describe how it is used.

Explain ways that segmentation can be used to identify target markets.

Identify the tools of market segmentation (e.g., demographics, psychographics, andgeographics).

Acquire product knowledge to communicate product benefits and to ensureappropriateness of product for the customer.

Understand marketing's role and function in business to facilitate economic exchangeswith customers.

Understand sales processes and techniques to enhance customer relationships and toincrease the likelihood of making sales.

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How is each component of the marketing mix related to the others?What questions should be considered regarding the target market to create a successful marketing mix?How does one choose a distribution method? How does one choose where to distribute?How does one chose a promotion method?What role does target market play in the marketing mix?Why is it important to have a target market for each component of the marketing mix?

Related Standards of Learning

History and Social Science

GOVT.1

The student will demonstrate skills for historical thinking, geographical analysis, economic decisionmaking, and responsible citizenship by

a. planning inquiries by synthesizing information from diverse primary and secondary sources;b. analyzing how political and economic trends influence public policy, using demographic

information and other data sources;c. comparing and contrasting historical, cultural, economic, and political perspectives;d. evaluating critically the quality, accuracy, and validity of information to determine

misconceptions, fact and opinion, and bias;e. constructing informed, analytic arguments using evidence from multiple sources to introduce

and support substantive and significant claims;f. explaining how cause-and-effect relationships impact political and economic events;g. taking knowledgeable, constructive action, individually and collaboratively, to address

school, community, local, state, national, and global issues;h. using a decision-making model to analyze the costs and benefits of a specific choice,

considering incentives and possible consequences;i. applying civic virtues and democratic principles to make collaborative decisions; andj. communicating conclusions orally and in writing to a wide range of audiences, using

evidence from multiple sources and citing specific sources.

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.

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k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

Economics

Emerging Business IssuesThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

EntrepreneurshipThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Future Business Leader

Global BusinessThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Introduction to Business

Management Decision MakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

MarketingThe topic for this event changes from year to year. The annual topic may or may not

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NBEA Achievement Standards for Marketing

National MBAResearch Standards-Business Administration

Definition

Description should include the steps of the personal selling process:

1. Use pre-approach techniques.2. Approach the customer.3. Determine customer needs and wants.4. Present the product or service features as customer benefits.5. Answer questions and overcome customer objections.6. Use suggestion selling.7. Close the sale.8. Complete the transaction.

correlate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Analyze the elements of the marketing mix, their interrelationships, and how they areused in the marketing process.

Identify the elements of the marketing mix (e.g., product, price, place, and promotion).

Acquire a foundational knowledge of product/service management to understand itsnature and scope.

Acquire a foundational knowledge of promotion to understand its nature and scope.

Acquire foundational knowledge of channel management to understand its role inmarketing.

Develop a foundational knowledge of pricing to understand its role in marketing.

Understand marketing's role and function in business to facilitate economic exchangeswith customers.

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9. Apply follow-up, relationship-building strategies.

Process/Skill Questions

What is the significance of the order in which the steps are listed?Why is each step important? What might be the consequences of neglecting a step?What role does prior product familiarity and company knowledge have in the selling process?What are some styles of approach, and what are the benefits of each?Which questions might be asked to determine customer needs and wants?What is the difference between a feature and a benefit?What are some signals that indicate that a customer is ready to start the sales process?Why is product knowledge an important tool when addressing customers’ needs and wants?What is the difference between an objection and an excuse?

Related Standards of Learning

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.

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h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

NBEA Achievement Standards for Marketing

National MBAResearch Standards-Business Administration

Emerging Business IssuesThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

EntrepreneurshipThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Future Business Leader

Global BusinessThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Introduction to Business

Management Decision MakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

MarketingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Analyze the impact of cultural differences on the personal selling process.

Analyze the impact of evolving technologies on personal selling.

Demonstrate the steps involved in the personal selling process.

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Definition

Explanation should include

identification of methods for data collectionanalysis of information to direct business decisionsapplication of analysiseffects of research on return on investment (ROI).

Process/Skill Questions

What are some examples of data collection used by companies today?How is market research used to improve products or services?What are the pros and cons for different methods of data collection?Why is customer privacy important in market research?How do companies use marketing research to remain competitive in a global environment?How does marketing research impact each of the marketing functions?

Related Standards of Learning

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.

Acquire a foundational knowledge of selling to understand its nature and scope.

Acquire product knowledge to communicate product benefits and to ensureappropriateness of product for the customer.

Understand sales processes and techniques to enhance customer relationships and toincrease the likelihood of making sales.

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f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

Mathematics

A.9The student will collect and analyze data, determine the equation of the curve of best fit in order tomake predictions, and solve practical problems, using mathematical models of linear and quadraticfunctions.

AII.11The student will

a. identify and describe properties of a normal distribution;b. interpret and compare z-scores for normally distributed data; andc. apply properties of normal distributions to determine probabilities associated with areas under

the standard normal curve.

PS.1*The student will analyze graphical displays of univariate data, including dotplots, stemplots,boxplots, cumulative frequency graphs, and histograms, to identify and describe patterns anddepartures from patterns, using central tendency, spread, clusters, gaps, and outliers.

PS.2*The student will analyze numerical characteristics of univariate data sets to describe patterns anddepartures from patterns, using mean, median, mode, variance, standard deviation, interquartilerange, range, and outliers.

PS.3*The student will compare distributions of two or more univariate data sets, numerically andgraphically, analyzing center and spread (within group and between group variations), clusters and

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gaps, shapes, outliers, or other unusual features.PS.4*

The student will analyze scatterplots to identify and describe the relationship between two variables,using shape; strength of relationship; clusters; positive, negative, or no association; outliers; andinfluential points.

PS.8*The student will describe the methods of data collection in a census, sample survey, experiment, andobservational study and identify an appropriate method of solution for a given problem setting.

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Definition

Determination of the responsibilities of a business to the community should include the importance ofensuring

a professional marketplace (customer perception and influence)a positive social influence (includes workforce commitment to local community involvement andnational social involvement).

Determination of the responsibilities of the community to a business should include respectful and lawfultreatment of the property, buildings, and staff.

Process/Skill Questions

What is social responsibility?Why are the social roles and responsibilities of a business to its community important?What are the benefits of a business' social responsibility to the business itself?What are best practices related to supporting employees’ participation in community improvement?How can a business ensure that it has a positive social influence?How can the lack of a clear sense of social responsibility plan affect a business’s bottom line?

Related Standards of Learning

History and Social Science

GOVT.9

The student will apply social science skills to understand the process by which public policy ismade by

a. defining public policy and determining how to differentiate public and private action;b. examining different perspectives on the role of government;c. describing how the national government influences the public agenda and shapes public

policy by examining examples such as the Equal Rights Amendment, the Americans withDisabilities Act (ADA), and Section 9524 of the Elementary and Secondary Education Act(ESEA) of 1965;

d. describing how the state and local governments influence the public agenda and shape public

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policy;e. investigating and evaluating the process by which policy is implemented by the bureaucracy

at each level;f. analyzing how the incentives of individuals, interest groups, and the media influence public

policy; andg. devising a course of action to address local and/or state issues.

GOVT.13

The student will apply social science skills to understand how world governments and economiescompare and contrast with the government and the economy in the United States by

a. describing the distribution of governmental power;b. explaining the relationship between the legislative and executive branches;c. comparing and contrasting the extent of participation in the political process; andd. comparing and contrasting economic systems.

GOVT.15

The student will apply social science skills to understand the role of government in the Virginia andUnited States economies by

a. describing the provision of government goods and services that are not readily produced bythe market;

b. describing government’s establishment and maintenance of the rules and institutions in whichmarkets operate, including the establishment and enforcement of property rights, contracts,consumer rights, labor-management relations, environmental protection, and competition inthe marketplace;

c. investigating and describing the types and purposes of taxation that are used by local, state,and federal governments to pay for services provided by the government;

d. analyzing how Congress can use fiscal policy to stabilize the economy;e. describing the effects of the Federal Reserve’s monetary policy on price stability,

employment, and the economy; andf. evaluating the trade-offs in government decisions.

WG.17

The student will apply social science skills to analyze the impact of globalization by

a. identifying factors, including comparative advantage, that influence the distribution ofeconomic activities and trade;

b. describing ways that economic and social interactions change over time; andc. mapping, describing, and evaluating economic unions.

WG.18

The student will apply social science skills to analyze how forces of conflict and cooperation affectthe division and control of Earth’s surface by

a. explaining and evaluating reasons for the creation of different political divisions; andb. describing ways cooperation among political jurisdictions is used to solve problems and settle

disputes.

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WHII.14

The student will apply social science skills to understand the global changes during the earlytwenty-first century by

a. identifying contemporary political issues, with emphasis on migrations of refugees andothers, ethnic/religious conflicts, and the impact of technology, including the role of socialmedia and chemical and biological technologies;

b. assessing the link between economic and political freedom;c. describing economic interdependence, including the rise of multinational corporations,

international organizations, and trade agreements; andd. analyzing the increasing impact of terrorism.

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

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FBLA Competitive Events and Activities Areas

NBEA Achievement Standards for Entrepreneurship

NBEA Achievement Standards for Marketing

National Standards for Business Administration and Marketing

Business Ethics

Business Law

Economics

Emerging Business IssuesThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Global BusinessThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Introduction to Business

Management Decision MakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Describe benefits of participating in a business-sponsored community service activity.

Discuss the importance of a business giving back to the community

Recognize that a successful marketing strategy is built on positive customerrelationships.

Recognize the customer-oriented nature of marketing and analyze the impact ofmarketing activities on the individual, business, and society.

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Business Administration Core Standards

EconomicsUnderstands the economic principles and concepts fundamental to business operations

Definition

Determination of the environmental responsibilities of a business to the community should include theimportance of ensuring

a positive environmental impact (includes for example, environmentally friendly products and greenmarketing)a reduced/limited carbon footprint.

Determination of the environmental responsibilities of the community to a business should include thedevelopment and maintenance of

infrastructureregulationsincentives.

Process/Skill Questions

What impact can a business have on the environment for future generations?Why are the environmental responsibilities of a business to its community of vital importance?What governmental regulations influence how a business addresses environmental issues?What is an example of reducing a business's carbon footprint?How can a business demonstrate environmental responsibly through its supply chain?How can communities collaborate with local businesses to encourage environmentally friendlydecision-making?How can environmentally friendly methods set a business apart from its competitors?

Related Standards of Learning

History and Social Science

WHII.14

The student will apply social science skills to understand the global changes during the earlytwenty-first century by

Analyze cost/profit relationships to guide business decision-making.

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a. identifying contemporary political issues, with emphasis on migrations of refugees andothers, ethnic/religious conflicts, and the impact of technology, including the role of socialmedia and chemical and biological technologies;

b. assessing the link between economic and political freedom;c. describing economic interdependence, including the rise of multinational corporations,

international organizations, and trade agreements; andd. analyzing the increasing impact of terrorism.

Definition

Identification should include

defining ethics and ethicaldistinguishing between legal and ethicalsummarizing commonly encountered ethical and unethical business practices, including explanations ofsuch matters as bribery, privacy/confidentiality, liable, slander, financial integrity, and accountabilitydescribing ways to ensure ethical practices in a business environmentexplaining possible consequences of unethical business practices.

Process/Skill Questions

What is the difference between ethical and unethical behavior?What is the difference between unlawful and unethical behavior?What is a situation in which an action might be legal but unethical?Why is ethical decision-making of great importance to a business?Why must businesses be accountable?Do all businesses have the same set of ethical standards? Explain?How does a business owner’s sense of ethics affect his or her business decisions?What is the government’s influence on ethical and unethical business practices?Is a breach of client confidentiality ethical? Why, or why not? Is it legal? Why, or why not?How can a business promote ethical behavior by employees?What are some examples of unethical business practices in recent years? Why are the practicesunethical?What ethical considerations are involved in product recalls?Should business ethics be enforced by market expectations or government regulations? Explain.

Related Standards of Learning

History and Social Science

GOVT.1

The student will demonstrate skills for historical thinking, geographical analysis, economic decisionmaking, and responsible citizenship by

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a. planning inquiries by synthesizing information from diverse primary and secondary sources;b. analyzing how political and economic trends influence public policy, using demographic

information and other data sources;c. comparing and contrasting historical, cultural, economic, and political perspectives;d. evaluating critically the quality, accuracy, and validity of information to determine

misconceptions, fact and opinion, and bias;e. constructing informed, analytic arguments using evidence from multiple sources to introduce

and support substantive and significant claims;f. explaining how cause-and-effect relationships impact political and economic events;g. taking knowledgeable, constructive action, individually and collaboratively, to address

school, community, local, state, national, and global issues;h. using a decision-making model to analyze the costs and benefits of a specific choice,

considering incentives and possible consequences;i. applying civic virtues and democratic principles to make collaborative decisions; andj. communicating conclusions orally and in writing to a wide range of audiences, using

evidence from multiple sources and citing specific sources.

GOVT.9

The student will apply social science skills to understand the process by which public policy ismade by

a. defining public policy and determining how to differentiate public and private action;b. examining different perspectives on the role of government;c. describing how the national government influences the public agenda and shapes public

policy by examining examples such as the Equal Rights Amendment, the Americans withDisabilities Act (ADA), and Section 9524 of the Elementary and Secondary Education Act(ESEA) of 1965;

d. describing how the state and local governments influence the public agenda and shape publicpolicy;

e. investigating and evaluating the process by which policy is implemented by the bureaucracyat each level;

f. analyzing how the incentives of individuals, interest groups, and the media influence publicpolicy; and

g. devising a course of action to address local and/or state issues.

GOVT.16

The student will apply social science skills to understand that in a democratic republic, thoughtfuland effective participation in civic life is characterized by

a. exercising personal character traits such as trustworthiness, responsibility, and honesty;b. obeying the law and paying taxes;c. serving as a juror;d. participating in the political process and voting in local, state, and national elections;e. performing public service;f. keeping informed about current issues;g. respecting differing opinions and the rights of others;h. practicing personal and fiscal responsibility;i. demonstrating the knowledge, skills, and attitudes that foster the responsible and respectful

use of digital media; andj. practicing patriotism.

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WHII.14

The student will apply social science skills to understand the global changes during the earlytwenty-first century by

a. identifying contemporary political issues, with emphasis on migrations of refugees andothers, ethnic/religious conflicts, and the impact of technology, including the role of socialmedia and chemical and biological technologies;

b. assessing the link between economic and political freedom;c. describing economic interdependence, including the rise of multinational corporations,

international organizations, and trade agreements; andd. analyzing the increasing impact of terrorism.

English

9.3The student will apply knowledge of word origins, derivations, and figurative language to extendvocabulary development in authentic texts.

a. Use structural analysis of roots, affixes, synonyms, and antonyms to understand complexwords.

b. Use context, structure, and connotations to determine meanings of words and phrases.c. Discriminate between connotative and denotative meanings and interpret the connotation.d. Identify the meaning of common idioms.e. Explain the meaning of literary and classical allusions and figurative language in text.f. Extend general and cross-curricular vocabulary through speaking, listening, reading, and

writing.

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.3The student will apply knowledge of word origins, derivations, and figurative language to extendvocabulary development in authentic texts.

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a. Use structural analysis of roots, affixes, synonyms, and antonyms, to understand complexwords.

b. Use context, structure, and connotations to determine meanings of words and phrases.c. Discriminate between connotative and denotative meanings and interpret the connotation.d. Explain the meaning of common idioms.e. Explain the meaning of literary and classical allusions and figurative language in text.f. Extend general and cross-curricular vocabulary through speaking, listening, reading, and

writing.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

NBEA Achievement Standards for Communication

Business Ethics

Business Law

Emerging Business IssuesThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Introduction to Business

Demonstrate an appropriate work ethic in a business environment.

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NBEA Achievement Standards for Management

Demonstrate an understanding of and respect for the business customs and etiquette ofvarious cultures.

Discuss rules of safe and appropriate conduct when using the Internet and e-mail.

Analyze various schools of ethical thought as they relate to business decisions.

Create a personal code of ethics.

Describe components of a personal code of ethical behavior.

Evaluate a business code of ethics.

Examine the roles of ethics and social responsibility in decision making.

Explain the importance of ethical standards in conducting business.

Explain the importance of operating within an ethical work environment.

Explain the relationship between ethics and governmental regulations.

Identify ethical considerations resulting from various situations (e.g., technologicaladvances, international competition, employer-employee relationships, and consumerrelations).

Identify government regulations that have resulted from social irresponsibility.

Identify government regulations that have resulted from unethical behavior.

Identify the impact of unethical behavior on a business.

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Definition

Explanation should include current influences and trends in the areas of

employmentresources for job seekerselectronic job application processeselectronic training processesnecessity for lifelong learning to remain current with knowledge and skillsuse of social media

business operationscommunicationsplanningmanagementfinance and accountingworking remotely (telecommuting, videoconferencing)conducting business in an online environmentuse of social media

global activitiesmanufacturing and productiontransportation and distributioncommunicationhuman resourcesuse of social media

privacy and security issuespersonal dataclient datafinancial datasocial mediaidentity theft.

Process/Skill Questions

What effects have the various types of electronic communication had on business?How do the various types of electronic communication impact marketing functions?How can various computer applications be used in business?How has technology improved business transactions?Why is it important for all employees to have a working knowledge of the business’s primary computersoftware applications?

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What possible disadvantages may use of new technologies bring with them?How has the employment application process changed as a result of technology?Why is it important for a business to keep pace with changing technology?How does telecommuting benefit the employer, the employee, and society?What are the effects of cyber crimes on a business?Why are data security practices so important for businesses?How is the Internet helpful to consumers in comparison shopping? How is it helpful to businesses inproduct promotion and distribution?How has the Internet affected business-consumer interaction?How can social media be used as a resource for job seekers?In what manner is social media used in the process of hiring new employees?How can social media be used as a marketing instrument?Why is implementing and enforcing a social media policy a good idea for a business organization?

Related Standards of Learning

History and Social Science

GOVT.13

The student will apply social science skills to understand how world governments and economiescompare and contrast with the government and the economy in the United States by

a. describing the distribution of governmental power;b. explaining the relationship between the legislative and executive branches;c. comparing and contrasting the extent of participation in the political process; andd. comparing and contrasting economic systems.

WHII.14

The student will apply social science skills to understand the global changes during the earlytwenty-first century by

a. identifying contemporary political issues, with emphasis on migrations of refugees andothers, ethnic/religious conflicts, and the impact of technology, including the role of socialmedia and chemical and biological technologies;

b. assessing the link between economic and political freedom;c. describing economic interdependence, including the rise of multinational corporations,

international organizations, and trade agreements; andd. analyzing the increasing impact of terrorism.

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.

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e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logicalsequence of events, within and between texts.

f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

9.8The student will find, evaluate, and select credible resources to create a research product.

a. Verify the validity and accuracy of all information.b. Analyze information gathered from diverse sources by identifying misconceptions, main and

supporting ideas, conflicting information, point of view, or bias.c. Evaluate and select evidence from a variety of sources to support claims and introduce

counterclaims.d. Cite sources for both quoted and paraphrased information using a standard method of

documentation such as that of the Modern Language Association (MLA) or the AmericanPsychological Association (APA).

e. Avoid plagiarism by using own words and follow ethical and legal guidelines for gatheringand using information.

f. Demonstrate ethical use of the Internet.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

10.8The student will find, evaluate, and select credible resources to create a research product.

a. Verify the accuracy, validity, and usefulness of information.b. Analyze information gathered from diverse sources by identifying misconceptions, main and

supporting ideas, conflicting information, and point of view or bias.c. Evaluate and select evidence from a variety of sources to introduce counter claims and to

support claims.

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d. Cite sources for both quoted and paraphrased ideas using a standard method ofdocumentation, such as that of the Modern Language Association (MLA) or the AmericanPsychological Association (APA).

e. Define the meaning and consequences of plagiarism and follow ethical and legal guidelinesfor gathering and using information.

f. Demonstrate ethical use of the Internet.

FBLA Competitive Events and Activities Areas

NBEA Achievement Standards for Entrepreneurship

NBEA Achievement Standards for Information Technology

Accounting I

Accounting II

Emerging Business IssuesThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

EntrepreneurshipThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Future Business Leader

Global BusinessThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Introduction to Business

Introduction to Information Technology

Management Decision MakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Utilize virtual entrepreneurs, blogs, webcasts, webouts, and various other technologyavenues to identify and solve various business problems.

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NBEA Achievement Standards for Marketing

National MBAResearch Standards-Business Administration

Analyze and compare society's influence on information technology and informationtechnology's influence on society.

Analyze how developments in information technology affect the supply/demandcharacteristics of the job market.

Assess how information technology changes the manner in which training is offered andimplemented.

Assess the impact of information technology in a global society.

Describe how information technology affects worker-management relationships.

Describe how information technology changes social mores, including approachestoward work, family, school, and other cultures.

Describe how information technology creates greater interdependence among workers,organizations, and nations.

Describe the impact of technology on the knowledge and skills needed for success in theworkplace.

Evaluate how information technology transforms business processes and relationships.

Evalute the cause and effect of technological solutions on society.

Examine how information technology changes the breadth and level of workerresponsibilities.

Analyze the impact of evolving technologies on personal selling.

Maintain business records to facilitate business operations.

Understand the nature of business to show its contributions to society.

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Definition

Explanation should include

describing ecommerceinvestigating taxes paid by businesses engaging in ecommercecomparing pricing of products and services of businesses engaging in ecommerce with pricing oftraditional brick-and-mortar businessesdescribing the processes and uses of online customer profilingsummarizing security issues related to ecommerceexamining regulations regarding ecommerce.

Process/Skill Questions

How is ecommerce similar to traditional brick-and-mortar marketing? How are the two types ofmarketing different?How does ecommerce make it possible for a virtual company to exist?In what way has ecommerce made personalization unique to each customer? Why is this important formarketing?How does ecommerce affect the customer base and selling for existing brick-and-mortar businesses?What are the advantages and disadvantages of a business using ecommerce as a marketing tool?Why are some companies moving away from, while some are moving toward, ecommerce?

Related Standards of Learning

History and Social Science

WHII.14

The student will apply social science skills to understand the global changes during the earlytwenty-first century by

a. identifying contemporary political issues, with emphasis on migrations of refugees andothers, ethnic/religious conflicts, and the impact of technology, including the role of socialmedia and chemical and biological technologies;

b. assessing the link between economic and political freedom;c. describing economic interdependence, including the rise of multinational corporations,

international organizations, and trade agreements; andd. analyzing the increasing impact of terrorism.

English

9.5

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The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

9.8The student will find, evaluate, and select credible resources to create a research product.

a. Verify the validity and accuracy of all information.b. Analyze information gathered from diverse sources by identifying misconceptions, main and

supporting ideas, conflicting information, point of view, or bias.c. Evaluate and select evidence from a variety of sources to support claims and introduce

counterclaims.d. Cite sources for both quoted and paraphrased information using a standard method of

documentation such as that of the Modern Language Association (MLA) or the AmericanPsychological Association (APA).

e. Avoid plagiarism by using own words and follow ethical and legal guidelines for gatheringand using information.

f. Demonstrate ethical use of the Internet.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

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10.8The student will find, evaluate, and select credible resources to create a research product.

a. Verify the accuracy, validity, and usefulness of information.b. Analyze information gathered from diverse sources by identifying misconceptions, main and

supporting ideas, conflicting information, and point of view or bias.c. Evaluate and select evidence from a variety of sources to introduce counter claims and to

support claims.d. Cite sources for both quoted and paraphrased ideas using a standard method of

documentation, such as that of the Modern Language Association (MLA) or the AmericanPsychological Association (APA).

e. Define the meaning and consequences of plagiarism and follow ethical and legal guidelinesfor gathering and using information.

f. Demonstrate ethical use of the Internet.

FBLA Competitive Events and Activities Areas

Accounting I

Accounting II

Emerging Business IssuesThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

EntrepreneurshipThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Future Business Leader

Global BusinessThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Introduction to Business

Introduction to Information Technology

Management Decision MakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

MarketingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA State

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NBEA Achievement Standards for Entrepreneurship

NBEA Achievement Standards for Information Technology

National MBAResearch Standards-Business Administration

Handbook.

Describe how the Internet and other emerging technologies have impacted thecomponents of marketing (e.g., product, place, price, and promotion).

Utilize virtual entrepreneurs, blogs, webcasts, webouts, and various other technologyavenues to identify and solve various business problems.

Analyze how human ingenuity and technology satisfy specific human needs.

Explain how information technologies meet human needs and affects quality of life.

Identify the impact of information technologies on the environment and society—bothpositive and negative (e.g., alternative fuel, disposal of information technology resources,GPS, electronic voting machines).

Identify the risks of information technology to personal health and safety and privacy.

Illustrate how information technology changes organization structures.

Maintain business records to facilitate business operations.

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Definition

Description should include tools and processes such as telephone, fax, teleconferencing, voice messaging,texting, apps, email, videoconferencing, social networking services, blogging, and emerging technologies.

Process/Skill Questions

How do various types of communication media influence the effectiveness of a business?What are the advantages and disadvantages of the different communication media to a business?How does time affect workers' selection of communication media in a business?How might a particular target market affect selection of communication media?Should there be any differences in use of grammar and vocabulary between a formal business letter andan informal business memo? Why, or why not?Why is it essential to consider the audience when planning and writing a business communication?What are the basic elements of all professional writing?

Related Standards of Learning

History and Social Science

WHII.14

The student will apply social science skills to understand the global changes during the earlytwenty-first century by

a. identifying contemporary political issues, with emphasis on migrations of refugees andothers, ethnic/religious conflicts, and the impact of technology, including the role of socialmedia and chemical and biological technologies;

b. assessing the link between economic and political freedom;c. describing economic interdependence, including the rise of multinational corporations,

international organizations, and trade agreements; andd. analyzing the increasing impact of terrorism.

English

9.2The student will produce, analyze, and evaluate media messages.

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a. Analyze and interpret special effects used in media messages.b. Determine the purpose of the media message and its effect on the audience.c. Analyze the purpose of information and persuasive techniques used in diverse media formats.d. Evaluate the motives (e.g., social, commercial, political) behind media presentation(s).e. Examine how values and viewpoints are included or excluded and how the media can

influence beliefs, behaviors, and interpretations.f. Describe possible cause and effect relationships between mass media coverage and public

opinion trends.g. Evaluate sources including advertisements, editorials, political cartoons, and feature stories

for relationships between intent and factual content.h. Monitor, analyze, and use multiple streams of simultaneous information.i. Demonstrate ethical use of the Internet when evaluating or producing creative or

informational media messages.

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.2The student will examine, analyze, and produce media messages.

a. Create media messages for diverse audiences.b. Credit information sources.c. Evaluate sources for relationships between intent, factual content, and opinion.d. Analyze the impact of selected media formats on meaning.e. Analyze the purpose of information and persuasive techniques used in diverse media formats.f. Evaluate the motives (e.g., social, commercial, political) behind media presentation(s).g. Describe possible cause and effect relationships between mass media coverage and public

opinion trends.h. Monitor, analyze, and use multiple streams of simultaneous information.i. Demonstrate ethical use of the Internet when evaluating or producing creative or

informational media messages.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

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a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

NBEA Achievement Standards for Communication

Business Communication

Digital Video Production

Electronic Career Portfolio

Emerging Business IssuesThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Introduction to Business Communication

Website DesignThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Collaborate with students and business professionals via the Internet to acquire neededexpertise to solve specific business problems.

Compose and evaluate formal and informal digital correspondence.

Compose, deliver, and publish podcasts.

Create and deliver digital conferencing and presentations.

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National MBAResearch Standards-Business Administration

Create and edit with audio and video documents.

Demonstrate ability to use voice input and voice recognition tools.

Demonstrate ability to view or attend digital conferences.

Demonstrate appropriate cellular phone etiquette.

Demonstrate the ability to use video broadcasting.

Design and publish an effective web page.

Discuss benefits of digital conferencing as an alternative to face-to-face collaboration.

Incorporate the use of the Internet to complete complex projects requiring the use ofcompetitive intelligence techniques (research on competition, markets, and customerattitudes).

Send pictures, video, and text messages digitally.

Use CD-ROMs, DVDs, videos, and the Internet for knowledge acquisition.

Use asynchronous (different time, different place) and synchronous (same time,different place) collaboration tools, such as discussion boards, portals, blogs, and wikis tofacilitate group work.

Use digital messaging technologies.

Use online databases and search engines to find basic business information.

Use the phone to gather personal and consumer information.

Use the phone to receive and place appropriate business calls.

Maintain business records to facilitate business operations.

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Definition

Demonstration should include

describing common forms of professional communications (e.g., memos, reports, business letters)distinguishing among and using appropriately technical terminology, jargon, and layman’s terms inprofessional communicationsexploring the effect of using slang and jargon in business communications with people from differentculturesapplying electronic (e.g., telephone) etiquette and netiquette (e.g., email etiquette) for professionalcommunicationsusing social media for professional communications.

Process/Skill Questions

How is business writing different from other types of writing? How is it similar?How can the effectiveness of a business communication be measured?How should an employee develop a business letter for a specified reader, purpose, and subject?What could be the outcome of writing a business letter without considering the audience?What is the difference between a business letter and a memo? How does one determine which of thetwo formats is more appropriate for a given situation?What is meant by netiquette and email etiquette? Why is such etiquette important?How is composing a business email similar to writing other workplace communications? How is itdifferent?How might a text to one's supervisor or coworker differ from a text to a friend?How has the popularity of texting affected email composing practices?Why should informal communication uses, such as slang and abbreviations, be avoided in professionalcommunications?In a business setting, when should layman’s terms be used instead of technical terminology or jargon?What might be the effect on a business if an employee were to consistently produce poorly writtenprofessional communications?When is written communication more desirable than spoken communication?Why is it important to be sure that a response to an inquiry is answered in a timely manner?Is it ever acceptable to use slang, capital letters, or emojis in work-related written communication?Explain.

Related Standards of Learning

History and Social Science

WHII.14

The student will apply social science skills to understand the global changes during the earlytwenty-first century by

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a. identifying contemporary political issues, with emphasis on migrations of refugees andothers, ethnic/religious conflicts, and the impact of technology, including the role of socialmedia and chemical and biological technologies;

b. assessing the link between economic and political freedom;c. describing economic interdependence, including the rise of multinational corporations,

international organizations, and trade agreements; andd. analyzing the increasing impact of terrorism.

English

9.1The student will participate in, collaborate in, and make multimodal presentations bothindependently and in small groups.

a. Make strategic use of multimodal tools.b. Credit information sources.c. Use vocabulary appropriate to the topic, audience, and purpose.d. Assist with setting rules for group work including informal consensus, taking votes on key

issues, presentation of alternate views and goal setting.e. Assume responsibility for specific group tasks.f. Share responsibility for collaborative work.g. Use a variety of strategies to listen actively and speak using appropriate discussion rules with

awareness of verbal and nonverbal cues.h. Include all group members, acknowledge new information expressed by others, and value

individual contributions made by each group member.i. Respond thoughtfully and tactfully to diverse perspectives, summarizing points of agreement

and disagreement.j. Evaluate impact, purpose, point of view, reasoning, and use of evidence and rhetoric of

presentation(s).k. Use self-reflection to evaluate one’s own role in preparation and participation in small-group

activities.

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

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10.1The student will make planned multimodal, interactive presentations collaboratively andindividually.

a. Make strategic use of multimodal tools.b. Credit information sources.c. Demonstrate the ability to work effectively with diverse teams including setting rules and

goals for group work such as coming to informal consensus, taking votes on key issues, andpresenting alternate views.

d. Assume responsibility for specific group tasks.e. Include all group members and value individual contributions made by each group member.f. Use a variety of strategies to listen actively and speak using appropriate discussion rules with

awareness of verbal and nonverbal cues.g. Respond thoughtfully and tactfully to diverse perspectives, summarizing points of agreement

and disagreement.h. Choose vocabulary, language, and tone appropriate to the topic, audience, and purpose.i. Access, critically evaluate, and use information accurately to solve problems.j. Use reflection to evaluate one’s own role and the group process in small-group activities.k. Evaluate a speaker’s point of view, reasoning, use of evidence, rhetoric, and identify any

faulty reasoning.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

NBEA Achievement Standards for Communication

Business Communication

Introduction to Business Communication

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NBEA Achievement Standards for Management

National MBAResearch Standards-Business Administration

Communicate in a clear, complete, concise, correct, and courteous manner on personaland professional levels.

Explain the value and impact of interpersonal relationships in the businessenvironment.

Explain the value of interpersonal communication in personal/social relationships.

Initiate conversations with people outside one's inner circle.

Use the phone to gather personal and consumer information.

Evaluate communications for effectiveness.

Express complex issues, using appropriate verbal and/or written communications.

Identify effective communication skills.

Identify major problems that prevent effective communication in business.

Identify various types of communication channels.

Communicate with staff to clarify workplace objectives.

Read to acquire meaning from written material and to apply the information to a task.

Write internal and external business correspondence to convey and obtain informationeffectively.

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Definition

Explanation should include

the importance of first impressions and body languagethe essential role of appropriate nonverbal communication in all workplace exchangesthe variations of nonverbal communication among different cultures.

Process/Skill Questions

How can nonverbal communication affect a company’s public image?How can nonverbal communication affect your personal public image?What is the importance of nonverbal communication in conveying and interpreting a message in theworkplace?How might a nonverbal message conflict with the accompanying verbal message? What can be theresults of such mixed messages?In a given human interaction, how might nonverbal communication and verbal communication produceconflicting messages? What effects might these conflicting messages have on listeners?Why is it important to observe nonverbal communication in coworkers? In customers?What are some nonverbal cues that have different meanings in different cultures? How do these affectcommunication? Why is it important to know these?What are some nonverbal gestures that demonstrate greeting or respect?

Related Standards of Learning

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5

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The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

NBEA Achievement Standards for Career Development

NBEA Achievement Standards for Communication

Business Communication

Introduction to Business Communication

Job Interview

Develop effective oral communication skills that include listening, active listening, andnonverbal skills.

Express thoughts and ideas succinctly and correctly using various forms ofcommunication (e.g., oral, written, and nonverbal).

Discuss the potential relationship between nonverbal cues and political posturing.

Discuss the significance of nonverbal communication in the interviewing process.

Discuss the value of silence in communication as a nonverbal cue.

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NBEA Achievement Standards for Management

Definition

Explanation should include the following contributions of teamwork to achievement of workplace success:

Provides a means to draw on the collective strengths of individual employees (socioeconomicbackgrounds; family values; personal qualities such as temperament, patience, tact, attitude; levels ofskill and experience in an assignment)Allows employees to learn from coworkersEncourages team members to share and evaluate ideasFocuses team members on setting and working toward common goalsGives employees a sense of empowerment and personal investment in decision making and goalaccomplishment

Process/Skill Questions

How does teamwork help build positive relationships in the workforce?What factors enhance or limit an employee’s ability to relate to people of different ages, abilities, ethnicorigins, and genders?What factors influence attitudes about cooperation, collaboration, compromise, teamwork, and group

Give examples of how nonverbal messages have different meanings in various cultures.

Include verbal and nonverbal cues in message interpretation.

Select appropriate communication techniques to avoid, minimize, prevent, or resolveconflicts.

Use courtesy and tact when communicating with others.

Evaluate communications for effectiveness.

Identify effective communication skills for the business environment.

Identify major problems that prevent effective communication in business.

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membership?What traditional American values may seem to conflict with teamwork? How can teamwork beachieved despite these conflicting values?What are the potential benefits of cooperation in pursuit of goals for the individual and for the group?What might be the advantages of working in a homogeneous group? Of working in a heterogeneousgroup?What ethical issues may arise when groups attempt to gain cooperation from their members? Whenmight a group member justifiably refuse to cooperate?What are some consequences when employees do not work as a team?How can conflicts among employees be resolved? How can employee-management conflicts beresolved?

Related Standards of Learning

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

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sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

American Enterprise Project

Business Ethics

Business Financial Plan

Community Service Project

Emerging Business IssuesThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

EntrepreneurshipThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Global BusinessThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Management Decision MakingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Management Information SystemsThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

MarketingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Network Design

Parliamentary Procedure (Dorothy L. Travis Award)

Partnership with Business Project

Website Design

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NBEA Achievement Standards for Career Development

NBEA Achievement Standards for Communication

National MBAResearch Standards-Business Administration

The topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Discuss and demonstrate the skills necessary to function as a member of a diverseworkforce (e.g., diplomacy, patience, willingness to compromise, and ability to listen).

Formulate strategies for working effectively with coworkers of varying age groups,cultures, and mental or physical abilities.

Demonstrate confidence through participation in group activities.

Direct courteous attention to multiple speakers within a group.

Enhance personal/professional self-concept and image by leading group activities.

Function as a team member to identify and solve several problems inherent in acapstone project.

Exhibit techniques to manage emotional reactions to people and situations.

Foster self-understanding to recognize the impact of personal feelings on others.

Implement organizational skills to facilitate others' work efforts.

Manage internal and external business relationships to foster positive interactions.

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Definition

Identification should include the rights of consumers such as

the right to safety (to be protected against products, production methods, and services that arehazardous to health or life)the right to be informed (to be given the facts needed to make informed choices; to be protected againstdishonest or misleading advertising and labeling)the right to choose (to be able to select from a range of products and services offered at competitiveprices, with an assurance of satisfactory quality)the right to be heard (to have consumer interests represented in the adoption and execution ofgovernment policy, and in the development of products and services)the right to redress (to receive fair settlement of just claims, including compensation for faulty goods,misrepresentation, or unsatisfactory services)the right to consumer education (to acquire knowledge and skills needed to make informed choicesabout goods and services, while being aware of basic rights and responsibilities)the right to a healthy environment (to live and work in an environment that is non-threatening to thewell-being of present and future generations)the right to satisfaction of basic needs (to have access to basic and essential goods and services:adequate food, clothing, shelter, health care, education, and sanitation).

Identification should also include the following responsibilities of consumers:

Inform oneself (While consumers have the right to be informed, they must also inform themselves tothe best of their abilities about product and service knowledge.)Read and follow instructions (Products come with instructions, warnings and fine print. It is theconsumer's responsibility to read all literature that comes with the product or service.)Proper use of products and services (In spite of reading instructions or warnings, many consumersmisuse products intentionally.)Speak up (Consumers who feel they've been wronged by a business or organization have theresponsibility to defend themselves.)Lawfully purchase and obtain goods and services (Consumer rights are void in many cases if a good orservice is purchased illegally or in the way other than the way it was intended to be purchased.)

Process/Skill Questions

What is the consumer movement?What is included in the Consumer Bill of Rights?Why is it important to exercise one’s consumer rights?How do guarantees and warranties affect the rights of consumers?Why is it important to be a responsible consumer?

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Related Standards of Learning

History and Social Science

WHII.14

The student will apply social science skills to understand the global changes during the earlytwenty-first century by

a. identifying contemporary political issues, with emphasis on migrations of refugees andothers, ethnic/religious conflicts, and the impact of technology, including the role of socialmedia and chemical and biological technologies;

b. assessing the link between economic and political freedom;c. describing economic interdependence, including the rise of multinational corporations,

international organizations, and trade agreements; andd. analyzing the increasing impact of terrorism.

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.

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h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

NBEA Achievement Standards for Personal Finance

National MBAResearch Standards-Business Administration

American Enterprise Project

Business Ethics

Business Law

Emerging Business IssuesThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

EntrepreneurshipThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Global BusinessThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Introduction to Business

MarketingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Describe consumers rights, responsibilities and remedies, giving examples of each.

Apply knowledge of business ownership to establish and continue business operations.

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Definition

Description should include how motives can be based on reasoning or emotion and how they affect purchases.Motives may include

priceconveniencesafetyhealthqualityguarantee/warrantystylecolorfamily or peer approvalcelebrity endorsementpower.

Process/Skill Questions

What are the potential advantages of making a purchase based on reasoning? Based on emotion?What are the potential disadvantages of making a purchase based on reasoning? Based on emotion?How do merchants and advertisers appeal to customers motivated by reason? To customers motivatedby emotion?What recent purchases have you made based on reasoning? Based on emotion?Why might a customer have reason-based motives for one purchase and emotion-based motives foranother purchase?Why is it important for consumers to evaluate buying motives before making a purchase?

Related Standards of Learning

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.

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h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

American Enterprise Project

Business Ethics

Business Law

Client ServiceThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Economics

EntrepreneurshipThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Introduction to Business

MarketingThe topic for this event changes from year to year. The annual topic may or may not

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NBEA Achievement Standards for Personal Finance

National MBAResearch Standards-Business Administration

Definition

Determination of best value should be based on the following consumer behaviors:

Practice comparison shopping with regard to price, quality, value, service, and intangibles.Compute per unit cost.Compare sales (e.g., promotional sales, clearance sales).Research products among various types of merchants (e.g., full-service, discount, specialty, outlet,supermarket, warehouse, convenience stores).Review warranties, guarantees, and other assurances from merchant and/or manufacturer.Follow basic steps for savvy shoppers (e.g., time your purchase for best pricing, examine reviews ofproduct/services, avoid impulse buying).

correlate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Personal Finance

Apply opportunity costs and trade-offs to personal decision making.

Discuss various ways competition among buyers helps the consumer.

Examine the impact of advertising and marketing on consumer demand and decision-making in the global marketplace.

Acquire a foundational knowledge of selling to understand its nature and scope.

Acquire product knowledge to communicate product benefits and to ensureappropriateness of product for the customer.

Understand sales processes and techniques to enhance customer relationships and toincrease the likelihood of making sales.

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Process/Skill Questions

What is comparison shopping?What is the process for calculating per unit costs of products? How can consumers use unit cost to makewise purchase decisions?When might buying a more expensive product be the best purchasing decision?What factors other than price should be considered when shopping?What resources are useful in researching price comparisons? Product comparisons?Why is timing an important consideration when making a purchase?How do you determine the value of an item? Do you apply the same criteria to all purchases?

Related Standards of Learning

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

9.8The student will find, evaluate, and select credible resources to create a research product.

a. Verify the validity and accuracy of all information.b. Analyze information gathered from diverse sources by identifying misconceptions, main and

supporting ideas, conflicting information, point of view, or bias.c. Evaluate and select evidence from a variety of sources to support claims and introduce

counterclaims.d. Cite sources for both quoted and paraphrased information using a standard method of

documentation such as that of the Modern Language Association (MLA) or the AmericanPsychological Association (APA).

e. Avoid plagiarism by using own words and follow ethical and legal guidelines for gatheringand using information.

f. Demonstrate ethical use of the Internet.

10.5

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The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

10.8The student will find, evaluate, and select credible resources to create a research product.

a. Verify the accuracy, validity, and usefulness of information.b. Analyze information gathered from diverse sources by identifying misconceptions, main and

supporting ideas, conflicting information, and point of view or bias.c. Evaluate and select evidence from a variety of sources to introduce counter claims and to

support claims.d. Cite sources for both quoted and paraphrased ideas using a standard method of

documentation, such as that of the Modern Language Association (MLA) or the AmericanPsychological Association (APA).

e. Define the meaning and consequences of plagiarism and follow ethical and legal guidelinesfor gathering and using information.

f. Demonstrate ethical use of the Internet.

Mathematics

A.1The student will

a. represent verbal quantitative situations algebraically; andb. evaluate algebraic expressions for given replacement values of the variables.

FBLA Competitive Events and Activities Areas

NBEA Achievement Standards for Personal Finance

Introduction to Business

Personal Finance

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National MBAResearch Standards-Business Administration

Definition

Identification should include the duties, restrictions, and actions of the following, as related to consumerprotection:

U.S. Department of AgricultureU.S. Office of Consumer AffairsFederal Trade CommissionU.S. Food and Drug AdministrationConsumer Product Safety CommissionNational Highway Traffic Safety AdministrationU.S. Department of Health and Human ServicesU.S. Environmental Protection AgencyBetter Business BureauVirginia Attorney General's OfficeVirginia Department of Consumer AffairsConsumer Financial Protection BureauVirginia State Corporation Commission

Process/Skill Questions

Apply a decision-making model to maximize consumer satisfaction when buying goodsand services.

Apply opportunity costs and trade-offs to personal decision making.

Examine the impact of advertising, peer pressure, and family history on personalfinancial decisions.

Acquire product knowledge to communicate product benefits and to ensureappropriateness of product for the customer.

Understand sales processes and techniques to enhance customer relationships and toincrease the likelihood of making sales.

Utilize information-technology tools to manage and perform work responsibilities.

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Why are consumer protection agencies important to consumers? To businesses?What are the benefits and risks of using consumer information?Why should buyers and potential buyers evaluate sources of consumer information?Do most people gather information about products and services before purchasing? Why, or why not?What could be the result if all information about products and services were government-controlled?What current regulations, advisories, or initiatives are a result of the actions of consumer protectionagencies?

Related Standards of Learning

History and Social Science

GOVT.9

The student will apply social science skills to understand the process by which public policy ismade by

a. defining public policy and determining how to differentiate public and private action;b. examining different perspectives on the role of government;c. describing how the national government influences the public agenda and shapes public

policy by examining examples such as the Equal Rights Amendment, the Americans withDisabilities Act (ADA), and Section 9524 of the Elementary and Secondary Education Act(ESEA) of 1965;

d. describing how the state and local governments influence the public agenda and shape publicpolicy;

e. investigating and evaluating the process by which policy is implemented by the bureaucracyat each level;

f. analyzing how the incentives of individuals, interest groups, and the media influence publicpolicy; and

g. devising a course of action to address local and/or state issues.

WHII.14

The student will apply social science skills to understand the global changes during the earlytwenty-first century by

a. identifying contemporary political issues, with emphasis on migrations of refugees andothers, ethnic/religious conflicts, and the impact of technology, including the role of socialmedia and chemical and biological technologies;

b. assessing the link between economic and political freedom;c. describing economic interdependence, including the rise of multinational corporations,

international organizations, and trade agreements; andd. analyzing the increasing impact of terrorism.

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information using

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evidence from text as support.c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

9.8The student will find, evaluate, and select credible resources to create a research product.

a. Verify the validity and accuracy of all information.b. Analyze information gathered from diverse sources by identifying misconceptions, main and

supporting ideas, conflicting information, point of view, or bias.c. Evaluate and select evidence from a variety of sources to support claims and introduce

counterclaims.d. Cite sources for both quoted and paraphrased information using a standard method of

documentation such as that of the Modern Language Association (MLA) or the AmericanPsychological Association (APA).

e. Avoid plagiarism by using own words and follow ethical and legal guidelines for gatheringand using information.

f. Demonstrate ethical use of the Internet.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

10.8The student will find, evaluate, and select credible resources to create a research product.

a. Verify the accuracy, validity, and usefulness of information.b. Analyze information gathered from diverse sources by identifying misconceptions, main and

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supporting ideas, conflicting information, and point of view or bias.c. Evaluate and select evidence from a variety of sources to introduce counter claims and to

support claims.d. Cite sources for both quoted and paraphrased ideas using a standard method of

documentation, such as that of the Modern Language Association (MLA) or the AmericanPsychological Association (APA).

e. Define the meaning and consequences of plagiarism and follow ethical and legal guidelinesfor gathering and using information.

f. Demonstrate ethical use of the Internet.

FBLA Competitive Events and Activities Areas

NBEA Achievement Standards for Personal Finance

National MBAResearch Standards-Business Administration

American Enterprise Project

Business Ethics

Business Law

EntrepreneurshipThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Introduction to Business

Identify and describe consumer assistance services provided by public and privateorganizations (e.g., government, the Better Business Bureau, and manufacturers).

Recognize that laws are available to protect the rights of the consumer.

Research consumer advocacy groups that address consumer rights and responsibilitiesand describe how an individual can participate.

Acquire foundational knowledge of business laws and regulations to understand theirnature and scope.

Apply knowledge of business ownership to establish and continue business operations.

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Definition

Identification should include the following principle steps:

1. Listen intently.The customer needs to tell the story and feel that it has been heard.

2. Thank the customer.Thank the customer for bringing the problem to your attention.

3. Apologize.Sincerely convey to the customer your apology for the way the situation has made them feel.

4. Seek the best solution.Ask what the customer is seeking as a solution. Often it is less than you initially thought you wouldhave to give.

5. Reach agreement.Seek to agree on the solution that will resolve the situation to the customer's satisfaction.

6. Take quick action.Act on the solution with a sense of urgency. Customers will often be impressed more by yourimmediate attention than the solution itself.

7. Follow up.Ensure the customer is completely satisfied, especially when you have had to enlist the help of othersfor the solution delivery.

Process/Skill Questions

Why do consumers complain? What complaints have you had as a consumer?What constitutes a valid consumer complaint? An invalid consumer complaint?Why should a consumer complaint always be in written form after the first step?Why would a consumer consider taking legal action to resolve a consumer complaint?How might a business respond to consumer complaints?Why is it important to listen to the customer?Why should you show empathy for your customers?What is meant by the statement, "the customer is always right"? When is the customer wrong?

Related Standards of Learning

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gain

Understand tax laws and regulations to adhere to government requirements.

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meaning from texts.b. Make inferences and draw conclusions based on explicit and implied information using

evidence from text as support.c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

American Enterprise Project

Business Ethics

Business Law

Client ServiceThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

EntrepreneurshipThe topic for this event changes from year to year. The annual topic may or may not

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NBEA Achievement Standards for Personal Finance

National MBAResearch Standards-Business Administration

Definition

correlate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Introduction to Business

Describe consumers rights, responsibilities and remedies, giving examples of each.

Explain how a consumer can identify and report fraudulent behavior and practicesobserved on the Internet.

Identify and describe consumer assistance services provided by public and privateorganizations (e.g., government, the Better Business Bureau, and manufacturers).

Recognize that laws are available to protect the rights of the consumer.

Research consumer advocacy groups that address consumer rights and responsibilitiesand describe how an individual can participate.

Acquire foundational knowledge of business laws and regulations to understand theirnature and scope.

Communicate with staff to clarify workplace objectives.

Read to acquire meaning from written material and to apply the information to a task.

Understand sales processes and techniques to enhance customer relationships and toincrease the likelihood of making sales.

Understand tax laws and regulations to adhere to government requirements.

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Identification should include the following points:

Valid contracts may be written or unwritten.Valid contracts meet four requirements (agreement, competent parties, consideration, and legality).Examples of valid contracts include a lease, a credit card, an employment agreement, an insurancepolicy, and any purchase agreement.

Process/Skill Questions

What are the requirements of a valid contract?How can a valid contract be enforced?What are the benefits of a written contract over an unwritten contract?Can an email message constitute a legally binding agreement? A text message?

Related Standards of Learning

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.

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h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

NBEA Achievement Standards for Business Law

American Enterprise Project

Business Ethics

Business Law

EntrepreneurshipThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Introduction to Business

Demonstrate an understanding of the nature of a contractual relationship.

Describe the various rules applied to the interpretation of contracts.

Determine whether or not an agreement is definite enough to be enforced as a contract.

Differentiate between classes of contracts (e.g., bilateral and unilateral, express andimplied, and oral and written).

Explain a minor's right to avoid a contract.

Explain how offer and acceptance can create contractual rights and duties.

Explain the nature of a contractual relationship.

Explain the various rules applied to contracts involving third parties.

Give examples of special rules that apply to sales contarcts that do not apply to othercontracts.

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National MBAResearch Standards-Business Administration

Definition

Explanation should include the following concepts:

A label provides written factual information about a product.Labeling information includes, but is not limited to, content, size/weight, care, warnings, expirationdate, manufacturer, and date and location of production.Product labeling must meet applicable legal requirements (e.g., Fair Packaging and Labeling Act).Product labeling is used to protect the manufacturer as well as the consumer.

Process/Skill Questions

Why is it important to label products?Why should ingredients and/or contents be listed on the product label?What are some laws that impact product labeling?How do laws about product labeling affect businesses? Affect consumers?How might product labeling affect purchasing decisions?

Related Standards of Learning

History and Social Science

WHII.14

The student will apply social science skills to understand the global changes during the earlytwenty-first century by

a. identifying contemporary political issues, with emphasis on migrations of refugees andothers, ethnic/religious conflicts, and the impact of technology, including the role of socialmedia and chemical and biological technologies;

b. assessing the link between economic and political freedom;c. describing economic interdependence, including the rise of multinational corporations,

international organizations, and trade agreements; andd. analyzing the increasing impact of terrorism.

Acquire foundational knowledge of business laws and regulations to understand theirnature and scope.

Understand tax laws and regulations to adhere to government requirements.

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English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

American Enterprise Project

Business Ethics

Business Law

Client Service

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NBEA Achievement Standards for Marketing

National MBAResearch Standards-Business Administration

The topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

EntrepreneurshipThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Introduction to Business

MarketingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Analyze functionality of packaging options.

Examine the legal aspects of product development (e.g., patents, copyrights, andtrademarks).

Explain ethical and socially responsible considerations of packaging.

Explain the functions of packaging and why each is important.

Identify ethical issues (e.g., false and misleading advertising, copyright infringement,and age group discrimination).

Identify packaging options for different market segments.

Identify the common elements of packaging.

Acquire foundational knowledge of business laws and regulations to understand theirnature and scope.

Apply verbal skills to obtain and convey information.

Understand tax laws and regulations to adhere to government requirements.

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Definition

Identification should include the following taxes incurred by businesses:

Income taxEstimated tax—tax on income, including self-employment tax, paid through regular installments ofestimated tax during the yearSelf-employment tax—a Social Security and Medicare tax primarily for individuals who work forthemselves. These payments contribute to the coverage under the Social Security system (includingretirement benefits, disability benefits, survivor benefits, and hospital insurance benefits).Employment taxes

Social Security and Medicare taxesFederal income tax withholdingFederal unemployment tax

Excise Tax—must be paid and forms filed if a business does any of the following:Manufacture or sell certain productsOperate certain kinds of businessesUse various kinds of equipment, facilities, or productsReceive payment for certain services

Process/Skill Questions

Why do governments collect taxes?What resources are available to help with tax calculation and filing?How do varying sales tax rates in a region affect a business's sales?

Related Standards of Learning

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.

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i. Analyze, organize, and synthesize information in order to solve problems, answer questions,complete a task, or create a product.

j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

NBEA Achievement Standards for Computation

Accounting I

Accounting II

American Enterprise Project

Business Law

Economics

Introduction to Business

Personal Finance

Calculate the total sales and the sales tax for a sales transaction.

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National MBAResearch Standards-Business Administration

Definition

Computation should include working with real or simulated paycheck stubs to calculate

gross pay (wages/salary)deductions such as federal and state taxes, Federal Insurance Contributions Act (FICA), and others(e.g., investments, health insurance, retirement savings)net pay (gross pay minus deductions).

Process/Skill Questions

What is gross pay?Why is it important to understand the difference between gross and net pay?How is net pay calculated?What deductions are standard?What are examples of additional, optional deductions offered to individuals? What may be the benefitsof such deductions?What obligation does an employer have to make the correct deductions and pay taxes?

Related Standards of Learning

Mathematics

A.1The student will

a. represent verbal quantitative situations algebraically; andb. evaluate algebraic expressions for given replacement values of the variables.

A.2The student will perform operations on polynomials, including

a. applying the laws of exponents to perform operations on expressions;

Apply knowledge of business ownership to establish and continue business operations.

Understand human-resource laws and regulations to facilitate business operations.

Understand tax laws and regulations to adhere to government requirements.

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b. adding, subtracting, multiplying, and dividing polynomials; andc. factoring completely first- and second-degree binomials and trinomials in one variable.

FBLA Competitive Events and Activities Areas

NBEA Achievement Standards for Computation

National MBAResearch Standards-Business Administration

Definition

Comparison should include the advantages and disadvantages of options such as

savings accounts (regular, money market)certificates of deposit (CD)individual retirement accounts (IRA)stocks, bonds, mutual funds, and other investment options.

Accounting I

Accounting II

Introduction to Business

Personal Finance

Calculate gross earnings (e.g., salary, hourly rate, commission, per diem, tips, orproduction).

Calculate payroll withholdings, Social Security and Medicare deductions, otherdeductions, and net earnings.

Acquire a foundational knowledge of finance to understand its nature and scope.

Understand human-resource laws and regulations to facilitate business operations.

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Process/Skill Questions

What is the purpose of a stock portfolio? How should a stock portfolio be developed?Which is safer—investing in mutual funds or investing in individual stocks/bonds? Why?How do the following currently rank in terms of risk and rate of return: savings account, CD, savingsbond, money market fund, stock, bond, mutual fund?When analyzing companies for potential investment in their stock, what types of information should beconsidered? Why?

Related Standards of Learning

History and Social Science

WHII.10

The student will apply social science skills to understand World War I and its worldwide impact by

a. explaining economic and political causes and identifying major leaders of the war, withemphasis on Woodrow Wilson and Kaiser Wilhelm II;

b. describing the location of major battles and the role of new technologies;c. analyzing and explaining the terms of the Treaty of Versailles and the actions of the League of

Nations, with emphasis on the mandate system;d. citing causes and consequences of the Russian Revolution;e. explaining the causes and assessing the impact of worldwide depression in the 1930s; andf. examining the rise of totalitarianism.

WHII.11

The student will apply social science skills to understand World War II and its worldwide impact by

a. explaining the major causes of the war;b. describing the leaders of the war, with emphasis on Franklin D. Roosevelt, Harry Truman,

Dwight D. Eisenhower, Douglas MacArthur, George C. Marshall, Winston Churchill, JosephStalin, Adolf Hitler, Hideki Tojo, and Hirohito;

c. describing the major events, including major battles and the role of new technologies;d. examining the Holocaust and other examples of genocide in the twentieth century; ande. examining the effects of the war, with emphasis on the terms of the peace, the war crimes

trials, the division of Europe, plans to rebuild Germany and Japan, and the creation ofinternational cooperative organizations and the Universal Declaration of Human Rights(1948).

WHII.14

The student will apply social science skills to understand the global changes during the earlytwenty-first century by

a. identifying contemporary political issues, with emphasis on migrations of refugees andothers, ethnic/religious conflicts, and the impact of technology, including the role of socialmedia and chemical and biological technologies;

b. assessing the link between economic and political freedom;c. describing economic interdependence, including the rise of multinational corporations,

international organizations, and trade agreements; and

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d. analyzing the increasing impact of terrorism.

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

Accounting I

Accounting II

Banking and Financial Systems

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NBEA Achievement Standards for Personal Finance

National MBAResearch Standards-Business Administration

Introduction to Business

Personal Finance

Apply criteria for choosing a savings or investment instrument (e.g., market risk,inflation risk, interest rate risk, liquidity, and minimum amount needed for investment).

Describe how saving and investing influence economic growth (capital formation).

Describe the advantages and disadvantages of different savings and investing plans.

Differentiate between saving and investing.

Evaluate savings and investment options to meet short- and long-term goals.

Examine the role of saving and investing in creating a financial plan.

Explain why a savings and investing plan changes as one proceeds through the life cycle.

Manage financial resources to ensure solvency.

Manage personal finances to achieve financial goals.

Understand the fundamental principles of money needed to make financial exchanges.

Use investment strategies to ensure financial wellbeing.

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Definition

Identification should include

explanation of how insurance is a risk-management strategytypes of insurance, such as

vehiclepropertylife (term vs. whole-life)healthbusiness/professional liabilityworkers’ compensationproduct liabilitybusiness interruptionhome-based businessescyberliability.

Process/Skill Questions

How are insurance needs and policies for business different from those for an individual? How are theysimilar?From a business perspective, what factors impact insurance rates and the ability to purchase insurance?How do specific changes in deductibles and coverage affect the insurance premium?In what ways can a life insurance policy serve the purposes of both insurance and investment?

Related Standards of Learning

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

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a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

NBEA Achievement Standards for Personal Finance

National MBAResearch Standards-Business Administration

Accounting I

Accounting II

Banking and Financial Systems

Introduction to Business

Personal Finance

Develop a plan for family financial security (e.g., secure storage of documents, cashreserve, household inventory, medical records retention) in case of a disaster.

Develop recommended insurance coverage for individuals/families for various risks anddifferent income levels

Identify risks in life and how to gain protection against the consequences of risk.

Identify the type of insurance associated with different types of risk (e.g., automobile,personal and professional liability, home and apartment, health, life, long-term care,disability).

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Definition

Identification of basic banking services should include

managing depositor accounts (e.g., checking, savings, credit card)accepting depositshandling withdrawalsoffering convenient alternatives to checking (e.g., automated teller machine [ATM], electronic fundstransfer [EFT], debit card)lending moneystoring valuablesproviding access to financial adviceproviding access to investment servicesproviding depositor protection (e.g., Federal Deposit Insurance Corporation [FDIC], National CreditUnion Administration [NCUA], Federal Reserve System).

Process/Skill Questions

Why should individuals use financial institutions?Why should businesses use financial institutions?What services do both banks and credit unions offer? Why might a customer choose one over the other?What are advantages of a safety deposit box?How do banks make a profit?What role does FDIC play in daily banking?What are benefits of paying with a debit card or check rather than a credit card? When is it morebeneficial to pay with a credit card?

Related Standards of Learning

History and Social Science

WHII.10

The student will apply social science skills to understand World War I and its worldwide impact by

Adhere to health and safety regulations to support a safe work environment.

Implement purchasing activities to obtain business supplies, equipment, and services.

Understand production's role and function in business to recognize its need in anorganization.

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a. explaining economic and political causes and identifying major leaders of the war, withemphasis on Woodrow Wilson and Kaiser Wilhelm II;

b. describing the location of major battles and the role of new technologies;c. analyzing and explaining the terms of the Treaty of Versailles and the actions of the League of

Nations, with emphasis on the mandate system;d. citing causes and consequences of the Russian Revolution;e. explaining the causes and assessing the impact of worldwide depression in the 1930s; andf. examining the rise of totalitarianism.

WHII.11

The student will apply social science skills to understand World War II and its worldwide impact by

a. explaining the major causes of the war;b. describing the leaders of the war, with emphasis on Franklin D. Roosevelt, Harry Truman,

Dwight D. Eisenhower, Douglas MacArthur, George C. Marshall, Winston Churchill, JosephStalin, Adolf Hitler, Hideki Tojo, and Hirohito;

c. describing the major events, including major battles and the role of new technologies;d. examining the Holocaust and other examples of genocide in the twentieth century; ande. examining the effects of the war, with emphasis on the terms of the peace, the war crimes

trials, the division of Europe, plans to rebuild Germany and Japan, and the creation ofinternational cooperative organizations and the Universal Declaration of Human Rights(1948).

WHII.14

The student will apply social science skills to understand the global changes during the earlytwenty-first century by

a. identifying contemporary political issues, with emphasis on migrations of refugees andothers, ethnic/religious conflicts, and the impact of technology, including the role of socialmedia and chemical and biological technologies;

b. assessing the link between economic and political freedom;c. describing economic interdependence, including the rise of multinational corporations,

international organizations, and trade agreements; andd. analyzing the increasing impact of terrorism.

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.

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h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

NBEA Achievement Standards for Personal Finance

Accounting I

Accounting II

Banking and Financial Systems

Business Financial Plan

Economics

Introduction to Business

Personal Finance

Compare and contrast the different types of checking accounts offered by various

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National MBAResearch Standards-Business Administration

Definition

Demonstration should include

keeping a simulated or real check register or stub up-to-date by entering various types of deposit andwithdrawal databalancing (reconciling) the check register against a monthly statementusing a signature card, as applicableendorsing checks in three different ways to match different purposesusing a savings account book

financial deposit institutions.

Compare costs and benefits of online and traditional banking.

Differentiate among types of electronic monetary transactions (e.g., debit cards, ATM,and automatic deposits/payments) offered by various financial institutions.

Evaluate services and related costs associated with financial institutions in terms ofpersonal banking needs.

Evaluate services provided by financial deposit institutions to transfer funds.

Identify various types of financial institutions.

List the basic services provided by financial institutions.

Analyze financial needs and goals to determine financial requirements.

Implement financial skills to obtain business credit and to control its use.

Manage financial resources to ensure solvency.

Understand the use of financial-services providers to aid in financial-goal achievement.

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using basic banking terminologyusing online banking, including mobile banking.

Process/Skill Questions

What are the advantages of having a checking account?What is a signature card, and why is it important?How is a check register and a check stub similar?How important is accuracy in maintaining a check register?What is involved in balancing (reconciling) a check register?What are the benefits of using online banking?What are the three types of check endorsements? Which one is the safest way to transfer money toanother person?What is the Check Clearing for the 21st Century Act, and what is its importance?

Related Standards of Learning

History and Social Science

WHII.14

The student will apply social science skills to understand the global changes during the earlytwenty-first century by

a. identifying contemporary political issues, with emphasis on migrations of refugees andothers, ethnic/religious conflicts, and the impact of technology, including the role of socialmedia and chemical and biological technologies;

b. assessing the link between economic and political freedom;c. describing economic interdependence, including the rise of multinational corporations,

international organizations, and trade agreements; andd. analyzing the increasing impact of terrorism.

FBLA Competitive Events and Activities Areas

NBEA Achievement Standards for Computation

Accounting I

Accounting II

Banking and Financial Systems

Introduction to Business

Personal Finance

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National MBAResearch Standards-Business Administration

Definition

Managing a budget should include

defining fixed expenses and variable expensesdeveloping a budget, given a scenario of income and expensescomparing that budget to a list of actual income and expensesidentifying items that were over-budgeted or under-budgetedmodifying the budget to reflect the results of the analysisemphasizing the importance of savings (i.e., paying oneself first).

Process/Skill Questions

Why is it important to establish a budget and then live within that budget?What is the difference between fixed and variable expenses?When developing a budget, how can variable expenses be estimated?Why is it important to save money each month?What unexpected events might occur that require one to use savings?Why is savings important even when a person is living on limited income?

Related Standards of Learning

Complete check records (e.g., check register and deposit slips).

Maintain electronic banking records.

Reconcile the bank statement with the check register.

Analyze financial needs and goals to determine financial requirements.

Implement financial skills to obtain business credit and to control its use.

Manage financial resources to ensure solvency.

Understand the fundamental principles of money needed to make financial exchanges.

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History and Social Science

GOVT.1

The student will demonstrate skills for historical thinking, geographical analysis, economic decisionmaking, and responsible citizenship by

a. planning inquiries by synthesizing information from diverse primary and secondary sources;b. analyzing how political and economic trends influence public policy, using demographic

information and other data sources;c. comparing and contrasting historical, cultural, economic, and political perspectives;d. evaluating critically the quality, accuracy, and validity of information to determine

misconceptions, fact and opinion, and bias;e. constructing informed, analytic arguments using evidence from multiple sources to introduce

and support substantive and significant claims;f. explaining how cause-and-effect relationships impact political and economic events;g. taking knowledgeable, constructive action, individually and collaboratively, to address

school, community, local, state, national, and global issues;h. using a decision-making model to analyze the costs and benefits of a specific choice,

considering incentives and possible consequences;i. applying civic virtues and democratic principles to make collaborative decisions; andj. communicating conclusions orally and in writing to a wide range of audiences, using

evidence from multiple sources and citing specific sources.

English

9.3The student will apply knowledge of word origins, derivations, and figurative language to extendvocabulary development in authentic texts.

a. Use structural analysis of roots, affixes, synonyms, and antonyms to understand complexwords.

b. Use context, structure, and connotations to determine meanings of words and phrases.c. Discriminate between connotative and denotative meanings and interpret the connotation.d. Identify the meaning of common idioms.e. Explain the meaning of literary and classical allusions and figurative language in text.f. Extend general and cross-curricular vocabulary through speaking, listening, reading, and

writing.

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.

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h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.3The student will apply knowledge of word origins, derivations, and figurative language to extendvocabulary development in authentic texts.

a. Use structural analysis of roots, affixes, synonyms, and antonyms, to understand complexwords.

b. Use context, structure, and connotations to determine meanings of words and phrases.c. Discriminate between connotative and denotative meanings and interpret the connotation.d. Explain the meaning of common idioms.e. Explain the meaning of literary and classical allusions and figurative language in text.f. Extend general and cross-curricular vocabulary through speaking, listening, reading, and

writing.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

Accounting I

Accounting II

Banking and Financial Systems

Introduction to Business

Personal Finance

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NBEA Achievement Standards for Computation

NBEA Achievement Standards for Personal Finance

National MBAResearch Standards-Business Administration

Definition

Defining should include meanings of the following terms:

Creditworthiness—a valuation performed by lenders that determines the possibility a borrower maydefault on debt obligations; it considers factors such as repayment history and credit score

Prepare a budget.

Develop and evaluate a spending/savings plan.

Acquire a foundational knowledge of accounting to understand its nature and scope.

Apply verbal skills to obtain and convey information.

Implement accounting procedures to track money flow and to determine financialstatus.

Manage financial resources to ensure solvency.

Manage personal finances to achieve financial goals.

Understand the use of financial-services providers to aid in financial-goal achievement.

Use investment strategies to ensure financial wellbeing.

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Credit score (personal and business)—a numerical expression based on a level analysis of a person's orbusiness’s credit files, to represent the creditworthiness of an individual or business; primarily based ona credit report, information typically sourced from credit bureausCredit score—the numerical value calculated from information in a credit file that is used by lendersand landlords to assess “credit risk” at that timeCredit report—a summary of financial reliability (i.e., history of paying debts and other bills)Capacity to repay—the financial capacity of an individual or an institution to make good on theirrepayment of a debt or loanCharacter—a borrower’s reputation or track record for repaying debts and living up to financial andcredit agreementsCollateral—any property or possession that can be used as security for a payment of a debt

Process/Skill Questions

Why does a lender look at a business’s credit history to determine future creditworthiness?How do interest rates correlate to creditworthiness?How can a business establish credit?What items can be used as collateral for a loan?What factors are considered when assessing a business’s capacity to repay a loan?What is considered a perfect credit score for a business?

Related Standards of Learning

History and Social Science

WHII.10

The student will apply social science skills to understand World War I and its worldwide impact by

a. explaining economic and political causes and identifying major leaders of the war, withemphasis on Woodrow Wilson and Kaiser Wilhelm II;

b. describing the location of major battles and the role of new technologies;c. analyzing and explaining the terms of the Treaty of Versailles and the actions of the League of

Nations, with emphasis on the mandate system;d. citing causes and consequences of the Russian Revolution;e. explaining the causes and assessing the impact of worldwide depression in the 1930s; andf. examining the rise of totalitarianism.

WHII.11

The student will apply social science skills to understand World War II and its worldwide impact by

a. explaining the major causes of the war;b. describing the leaders of the war, with emphasis on Franklin D. Roosevelt, Harry Truman,

Dwight D. Eisenhower, Douglas MacArthur, George C. Marshall, Winston Churchill, JosephStalin, Adolf Hitler, Hideki Tojo, and Hirohito;

c. describing the major events, including major battles and the role of new technologies;d. examining the Holocaust and other examples of genocide in the twentieth century; ande. examining the effects of the war, with emphasis on the terms of the peace, the war crimes

trials, the division of Europe, plans to rebuild Germany and Japan, and the creation ofinternational cooperative organizations and the Universal Declaration of Human Rights

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(1948).

English

9.3The student will apply knowledge of word origins, derivations, and figurative language to extendvocabulary development in authentic texts.

a. Use structural analysis of roots, affixes, synonyms, and antonyms to understand complexwords.

b. Use context, structure, and connotations to determine meanings of words and phrases.c. Discriminate between connotative and denotative meanings and interpret the connotation.d. Identify the meaning of common idioms.e. Explain the meaning of literary and classical allusions and figurative language in text.f. Extend general and cross-curricular vocabulary through speaking, listening, reading, and

writing.

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.3The student will apply knowledge of word origins, derivations, and figurative language to extendvocabulary development in authentic texts.

a. Use structural analysis of roots, affixes, synonyms, and antonyms, to understand complexwords.

b. Use context, structure, and connotations to determine meanings of words and phrases.c. Discriminate between connotative and denotative meanings and interpret the connotation.d. Explain the meaning of common idioms.e. Explain the meaning of literary and classical allusions and figurative language in text.f. Extend general and cross-curricular vocabulary through speaking, listening, reading, and

writing.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

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a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

NBEA Achievement Standards for Personal Finance

National MBAResearch Standards-Business Administration

Accounting I

Accounting II

Banking and Financial Systems

Introduction to Business

Personal Finance

Explain credit ratings and credit reports and describe why they are important toconsumers.

Explain the need for a sound credit rating.

Identify methods of establishing and maintaining a good credit rating.

Identify the components listed on a credit report and explain how that information isused and how it is received by and reported from the credit reporting agencies.

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Definition

Comparison should include the following types of credit and the advantages and disadvantages of each:

Line-of-credit loansInstallment loans (e.g., mortgage loans, car loans, student loans)Balloon loansInterim loansSecured and unsecured loansLetter of creditTerm loans, both short- and long-term, according to the number of years for which they are writtenSecond mortgages, in which real estate is used to secure a loan; usually long-term, also known as equityloansInventory loans and equipment loans for the purchase of, and secured by, either equipment or inventoryAccounts receivable loans secured by outstanding accountsPersonal loans, in which the signature and personal collateral guarantee the loan, which in turn lends tothe businessGuaranteed loans, in which a third party—an investor, spouse, or the Small Business Administration(SBA)—guarantees repaymentCommercial loans, in which the bank offers its standard loan for small businesses

Process/Skill Questions

What are the benefits of a balloon loan? What are the drawbacks?What are the advantages and disadvantages of each of type of loan?What is an example of a situation in which a particular loan would be the best choice?

Related Standards of Learning

Analyze financial needs and goals to determine financial requirements.

Identify potential business threats and opportunities to protect a business's financialwellbeing.

Implement financial skills to obtain business credit and to control its use.

Understand the use of financial-services providers to aid in financial-goal achievement.

Use investment strategies to ensure financial wellbeing.

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English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

Accounting I

Accounting II

Banking and Financial Systems

Business Calculations

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NBEA Achievement Standards for Personal Finance

National MBAResearch Standards-Business Administration

Definition

Description should include discussing the advantages and disadvantages of

Business Law

Business Plan

Introduction to Business

Personal Finance

Analyze various sources and types of credit (e.g., short- and long-term) and relatedcosts.

Compare and contrast the legal aspects of different forms of credit (e.g., title transfer,responsibility limits, collateral requirements, and co-signing).

Compare and contrast the various aspects of credit cards (e.g., APR, grace period,incentive buying, methods of calculating interest, and fees).

Identify potential business threats and opportunities to protect a business's financialwellbeing.

Implement financial skills to obtain business credit and to control its use.

Utilize information-technology tools to manage and perform work responsibilities.

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debit cardscredit cardsprepaid cardsbank transfer, automated clearing house (ACH), and direct debitphone and mobile paymentschecksmoney orderscash paymentsonline payment systems.

Process/Skill Questions

Why is it important for a business to protect its credit rating?What can happen if a business fails to repay a loan?Why do some businesses think that credit is the same as having money in the bank?Why is a credit card required to guarantee a reservation?Why do some businesses accept credit only?What types of purchases might be made through an online payments system? With mobile payments?Through an ACH?

Related Standards of Learning

History and Social Science

WHII.14

The student will apply social science skills to understand the global changes during the earlytwenty-first century by

a. identifying contemporary political issues, with emphasis on migrations of refugees andothers, ethnic/religious conflicts, and the impact of technology, including the role of socialmedia and chemical and biological technologies;

b. assessing the link between economic and political freedom;c. describing economic interdependence, including the rise of multinational corporations,

international organizations, and trade agreements; andd. analyzing the increasing impact of terrorism.

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.

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g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

NBEA Achievement Standards for Personal Finance

Accounting I

Accounting II

Banking and Financial Systems

Business Plan

Introduction to Business

Personal Finance

Analyze factors that affect the choice of credit, the cost of credit, and the legal aspects ofusing credit.

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National MBAResearch Standards-Business Administration

Definition

Explanation should include

content and purpose of a credit reportimportance of a good credit scorevalue of credit reporting to avoid identity theftpurpose of a Dun and Bradstreet (D&B) ratingadvantages and disadvantages of online reviews.

Process/Skill Questions

How can a business’s spending habits affect its credit score?What can a business do about a bad credit score?Who can obtain a credit report? What does it cost to obtain a credit report?How can a business build a good credit rating?How can unfavorable data be removed from a credit file?What can a business do to correct data included in its credit file?

Related Standards of Learning

English

9.5The student will read and analyze a variety of nonfiction texts.

Analyze various sources and types of credit (e.g., short- and long-term) and relatedcosts.

Describe the risks and responsibilities associated with using credit.

Determine advantages and disadvantages of using credit.

Identify potential business threats and opportunities to protect a business's financialwellbeing.

Use investment strategies to ensure financial wellbeing.

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a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

Accounting I

Accounting II

Banking and Financial Systems

Introduction to Business

Personal Finance

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NBEA Achievement Standards for Personal Finance

National MBAResearch Standards-Business Administration

Explain credit ratings and credit reports and describe why they are important toconsumers.

Identify methods of establishing and maintaining a good credit rating.

Identify the components listed on a credit report and explain how that information isused and how it is received by and reported from the credit reporting agencies.

Acquire foundational knowledge of business laws and regulations to understand theirnature and scope.

Apply verbal skills to obtain and convey information.

Utilize information-technology tools to manage and perform work responsibilities.

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Definition

The description should include a list of industry certifications related to the Principles of Business andMarketing course and the process/requirements for obtaining the certifications from

official websites of the testing organization/vendormaterials from publishers that have developed practice materials and tests based on information fromthe testing organization/vendorinformation from certified instructors or industry-certified professionalsinformation from the Virginia Department of Education's Administrative Planning Guideinformation in the "Introduction/Course Description" section of this document.

FBLA Competitive Events and Activities Areas

Definition

The identification of testing skills and strategies should be undertaken by

conducting an Internet research projectreviewing materials from exam and practice-exam publishersinterviewing certified instructors and/or industry-certified professionals.

Related Standards of Learning

History and Social Science

WHII.14

Job Interview

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The student will apply social science skills to understand the global changes during the earlytwenty-first century by

a. identifying contemporary political issues, with emphasis on migrations of refugees andothers, ethnic/religious conflicts, and the impact of technology, including the role of socialmedia and chemical and biological technologies;

b. assessing the link between economic and political freedom;c. describing economic interdependence, including the rise of multinational corporations,

international organizations, and trade agreements; andd. analyzing the increasing impact of terrorism.

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

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Definition

The demonstration should include successfully completing practice examinations for selected certificationsrelated to the course obtained from vendor sites and/or materials from publishers. The level of performance ona practice examination serves as a gauge of the applicant's readiness for formal industry testing.

FBLA Competitive Events and Activities Areas

Definition

The successful completion of an industry certification examination will be achieved when the studentapplicant earns an examination score deemed "passing" by the testing organization. Qualifying examinationsare those currently approved at the state level as representative of Principles of Business and Marketing skills.(These may be found in the Virginia Department of Education's Administrative Planning Guide.)

Students should be encouraged to attain industry certification as evidence of their business and marketing skilllevel and general employability.

FBLA Competitive Events and Activities Areas

Job Interview

Job Interview

Computer Applications

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Database Design & Applications

Spreadsheet Applications

Word Processing

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Definition

Assessment should identify personal

interests (areas in which a person wants to spend time and energy)talents (natural, inborn aptitudes)abilities (skills in performing mental and/or physical tasks)values (principles or priorities that are important to the individual)personality traits (e.g., strengths and weaknesses, people skills).

Online assessment resources include Virginia Wizard, found at https://www.vawizard.org/vccs/Career.action.

Process/Skill Questions

What are the benefits and risks of identifying one’s personal strengths and limitations?Does one’s self-analysis of personal strengths and limitations generally match what others say aboutone? Why, or why not?What might happen if a person’s view of himself or herself is different from the image projected toothers?Why is self-assessment important prior to making career choices?What factors might cause a person’s interests, abilities, or attitudes to change over time? How mightthis affect a person’s career?What are the distinctions among a skill, a personality trait, and an aptitude? Why is it important toanalyze all three when conducting a self-assessment?Why is it important to consider current and future career demand when applying self-assessment resultsin career planning?How might personal values relate to career choice?

FBLA Competitive Events and Activities Areas

NBEA Achievement Standards for Career Development

Future Business Leader

Introduction to Business

Job Interview

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National MBAResearch Standards-Business Administration

Definition

Research should include

a variety of careers available in business and marketingthe preparation required for eachopportunities for advancementemployment trends in the fielduse of job data banks to match your abilities, aptitudes, and job expectations with industryopportunities, standards, and practices.

Many websites offer career exploration resources, including the Virginia Department of Education's CareerPlanning Guide.

Assess and analyze personal talents, values, and interests as they may relate to a futurecareer, based on the completion of standardized career interest and personality indicatorassessments.

Assess and analyze strengths and weaknesses relative to a variety of career options.

Assess personal skills, abilities, and aptitudes and personal strengths and weaknesses asthey relate to career exploration and development.

Reassess and analyze individual talents, values, personal characteristics, and interests asthey relate to changing career decisions based on the completion of standardized interest andpersonality indicator instruments and career interest, aptitude, and skills assessments (e.g.,Myers Briggs Type Indicator, Strong Interest Inventory, ASVAB, and FIRO-B).

Exhibit techniques to manage emotional reactions to people and situations.

Foster self-understanding to recognize the impact of personal feelings on others.

Manage internal and external business relationships to foster positive interactions.

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Process/Skill Questions

Why is it important for a person to know specific requirements for occupations of interest?What resources are available for finding occupational requirements for a specific career choice?How can knowledge of current employment trends and demands help with making career choices?How might a person plan his or her career so that personal and occupational goals are compatible?What factors contribute to career satisfaction?What are the advantages of identifying a wide variety of career opportunities in one's chosen field?

Related Standards of Learning

History and Social Science

WHII.14

The student will apply social science skills to understand the global changes during the earlytwenty-first century by

a. identifying contemporary political issues, with emphasis on migrations of refugees andothers, ethnic/religious conflicts, and the impact of technology, including the role of socialmedia and chemical and biological technologies;

b. assessing the link between economic and political freedom;c. describing economic interdependence, including the rise of multinational corporations,

international organizations, and trade agreements; andd. analyzing the increasing impact of terrorism.

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

9.8The student will find, evaluate, and select credible resources to create a research product.

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a. Verify the validity and accuracy of all information.b. Analyze information gathered from diverse sources by identifying misconceptions, main and

supporting ideas, conflicting information, point of view, or bias.c. Evaluate and select evidence from a variety of sources to support claims and introduce

counterclaims.d. Cite sources for both quoted and paraphrased information using a standard method of

documentation such as that of the Modern Language Association (MLA) or the AmericanPsychological Association (APA).

e. Avoid plagiarism by using own words and follow ethical and legal guidelines for gatheringand using information.

f. Demonstrate ethical use of the Internet.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

10.8The student will find, evaluate, and select credible resources to create a research product.

a. Verify the accuracy, validity, and usefulness of information.b. Analyze information gathered from diverse sources by identifying misconceptions, main and

supporting ideas, conflicting information, and point of view or bias.c. Evaluate and select evidence from a variety of sources to introduce counter claims and to

support claims.d. Cite sources for both quoted and paraphrased ideas using a standard method of

documentation, such as that of the Modern Language Association (MLA) or the AmericanPsychological Association (APA).

e. Define the meaning and consequences of plagiarism and follow ethical and legal guidelinesfor gathering and using information.

f. Demonstrate ethical use of the Internet.

FBLA Competitive Events and Activities Areas

Future Business Leader

Introduction to Business

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NBEA Achievement Standards for Career Development

National MBAResearch Standards-Business Administration

Job Interview

MarketingThe topic for this event changes from year to year. The annual topic may or may notcorrelate with this particular course. Please refer to the current Virginia FBLA StateHandbook.

Analyze a specific career cluster, using a variety of research tools (e.g., college careercenters/counselors, professional and trade associations, career fairs, informationalinterviews, print media, and the Internet).

Analyze important relocation issues to be considered in making career or job choices.

Identify entrepreneurship opportunities in the international marketplace.

Relate career interests to opportunities in the global economy.

Use a questionnaire to guide a career exploration interview to determine educationalrequirements, starting salaries, and career ladder opportunities.

Use a variety of research tools (e.g., computer-assisted programs, newspapers, books,professional and trade associations, informational interviews, job shadowing, career fairs,and the Internet) in the career exploration process.

Implement job-seeking skills to obtain employment.

Participate in career planning to enhance job-success potential.

Utilize career-advancement activities to enhance professional development.

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Definition

Identification should include the following sources:

Career and Technical Education (CTE) teachersGovernment employment officesSchool counselorsPrivate employment agencies, including temp agenciesNewspapersBusinesses, including current and former employeesNetworkingOnline job-search sitesJob fairsProfessional organizations

Identification should also include work permit requirements for specific entry-level jobs located.

Process/Skill Questions

What resources are available for identifying current job opportunities in business? In marketing?What are the strengths and weaknesses of each resource?What basic requirements are common to many entry-level jobs in business? In marketing?Why might stated entry-level job requirements for the same job title vary from one company toanother?What resources are available for finding information on equal access to employment?How can a person use existing job leads to produce new ones?Why is it important to keep track of leads?How can the marketing concept be used effectively during a job search?How can networking help one find a job?When dealing with an ever-increasing number of online job posting websites, how can the legitimacy ofa job posting be determined?How can a job seeker protect sensitive personal information from fake job postings, social media sites,and job boards (phishing/spoofing)?

Related Standards of Learning

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

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c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

FBLA Competitive Events and Activities Areas

NBEA Achievement Standards for Career Development

Introduction to Business

Job Interview

Describe electronic and telecommunication job search tools (e.g., Internet job banks;electronic resumes; and electronic, telephone, and videoconferencing interviews).

Develop a list of career network contacts.

Explain the importance of researching prospective employers.

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National MBAResearch Standards-Business Administration

Definition

Résumé should include

educational backgroundwork historyhonors and awardsmembership in organizations and/or community activities, including leadership positions held and

Identify appropriate sources of job leads (e.g., newspapers, trade journals, Internet jobbanks, and personal networking).

Identify the types of information that should be researched relating to prospectiveemployers.

Research career clusters through a variety of resources (e.g., field trips, speakers, onlinesearches, case studies, job shadowing, and community service.

Use a variety of research tools (e.g., computer-assisted programs, newspapers, books,professional and trade associations, informational interviews, job shadowing, career fairs,and the Internet) in the career exploration process.

Use evolving technologies to enhance the career portfolio.

Utilize career resources to develop a career information database that includesinternational career opportunities.

Apply verbal skills to obtain and convey information.

Implement job-seeking skills to obtain employment.

Maintain business records to facilitate business operations.

Participate in career planning to enhance job-success potential.

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community servicereferences.

Presentation of the résumé should reflect an understanding of the importance of keeping a résumé current toreflect pertinent experience and education, even when one is not currently involved in a job search.

Process/Skill Questions

What are the basic purposes of a résumé?Should a résumé contain the applicant’s photograph? Age? Ethnic origin? Gender? Why, or why not?What are the benefits and pitfalls of submitting an electronic résumé?How can a person best present his or her skills and experience to fit a particular career area or job?If you do not have much experience, activities, awards, or honors to list, what could you do to getsomething to list?What are some of the best practices used to expand your résumé to include personal introduction video,portfolio materials, sample work, or recommendations (e.g., inclusion of social media links and QRcodes)?What are current trends in résumé writing and submission?

Related Standards of Learning

English

9.6The student will write in a variety of forms to include expository, persuasive, reflective, and analyticwith an emphasis on persuasion and analysis.

a. Engage in writing as a recursive process.b. Plan, organize, and write for a variety of audiences and purposes.c. Objectively introduce and develop topics, incorporating evidence and maintaining an

organized structure and a formal style.d. Blend multiple forms of writing including embedding a narrative to produce effective essays.e. Communicate clearly the purpose of the writing using a thesis statement.f. Compose a thesis for persuasive writing that advocates a position.g. Clearly state and defend a position using reasons and evidence from credible sources as

support.h. Identify counterclaims and provide counter - arguments.i. Determine the best kind of evidence to use for a claim, and effectively use fact and opinion to

support a position.j. Use textual evidence to compare and contrast multiple texts.k. Arrange paragraphs in a logical progression, using transitions between paragraphs and ideas.l. Revise writing for clarity of content, accuracy, and depth of information.

9.7The student will self- and peer-edit writing for capitalization, punctuation, spelling, sentencestructure, paragraphing, and Standard English.

a. Use parallel structure across sentences and paragraphs.b. Use appositives, main clauses, and subordinate clauses.c. Use commas and semicolons to distinguish and divide main and subordinate clauses.d. Distinguish between active and passive voice.

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e. Use a variety of sentence structures to infuse sentence variety in writing.

10.6The student will write in a variety of forms to include persuasive, reflective, interpretive, andanalytic with an emphasis on persuasion and analysis.

a. Engage in writing as a recursive process.b. Plan and organize writing to address a specific audience and purpose.c. Adjust writing content, technique, and voice for a variety of audiences and purposes.d. Communicate clearly the purpose of the writing using a thesis statement.e. Objectively introduce and develop topics, incorporating evidence and maintaining an

organized structure and a formal style.f. Compose a thesis statement for persuasive writing that advocates a position.g. Clearly state and defend a position using reasons and sufficient evidence from credible

sources as support.h. Identify counterclaims and provide counter - arguments.i. Show relationships among claims, reasons, and evidence and include a conclusion that

follows logically from the information presented.j. Blend multiple forms of writing including embedding a narrative to produce effective essays.k. Elaborate ideas clearly through word choice.l. Use textual evidence to compare and contrast multiple texts.

m. Revise writing for clarity of content, accuracy, and depth of information.n. Write and revise to a standard acceptable both in the workplace and in postsecondary

education.

10.7The student will self- and peer-edit writing for capitalization, punctuation, spelling, sentencestructure, paragraphing, and Standard English.

a. Use parallel structure across sentences and paragraphs.b. Use complex sentence structure to infuse sentence variety in writing.c. Distinguish between active and passive voice.d. Use colons correctly.e. Analyze the writing of others and suggest how writing might be improved.

FBLA Competitive Events and Activities Areas

Computer Applications

Electronic Career Portfolio

Future Business Leader

Job Interview

Word Processing

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NBEA Achievement Standards for Career Development

National MBAResearch Standards-Business Administration

Definition

The letter of application (sometimes used as a cover letter for a résumé) should

be addressed to an appropriate individual in the businessbe in an appropriate business letter formatcontain three or four short paragraphs emphasizing pertinent points in the résumé and their relation tothe job at handindicate that the writer knows something about the companyindicate whether the job search is confidential and the reasons the applicant is looking for a jobinclude a request for an interview.

Process/Skill Questions

What is the relationship between an application and cover letter and an application form? How are thetwo different from each other? Why is each important?What is the relationship between a résumé and an application and cover letter? How are their contentsdifferent?What qualities would an employer look for in an application and cover letter? How can the applicantensure that these qualities are communicated in his or her application and cover letter?

Demonstrate the ability to prepare and transmit electronic resumes and cover lettersthat meet business standards.

Prepare paper and electronic resumes and cover letters.

Apply verbal skills to obtain and convey information.

Implement job-seeking skills to obtain employment.

Participate in career planning to enhance job-success potential.

Read to acquire meaning from written material and to apply the information to a task.

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Why should application and cover letters be customized to fit the individual employer?What is an employer looking for in an applicant's application and cover letter?How does the application and cover letter serve as a first impression?What makes an application and cover letter optimized for online posting and submission? Why is thisimportant?What are current trends in application/cover letter writing and submission?

Related Standards of Learning

English

9.6The student will write in a variety of forms to include expository, persuasive, reflective, and analyticwith an emphasis on persuasion and analysis.

a. Engage in writing as a recursive process.b. Plan, organize, and write for a variety of audiences and purposes.c. Objectively introduce and develop topics, incorporating evidence and maintaining an

organized structure and a formal style.d. Blend multiple forms of writing including embedding a narrative to produce effective essays.e. Communicate clearly the purpose of the writing using a thesis statement.f. Compose a thesis for persuasive writing that advocates a position.g. Clearly state and defend a position using reasons and evidence from credible sources as

support.h. Identify counterclaims and provide counter - arguments.i. Determine the best kind of evidence to use for a claim, and effectively use fact and opinion to

support a position.j. Use textual evidence to compare and contrast multiple texts.k. Arrange paragraphs in a logical progression, using transitions between paragraphs and ideas.l. Revise writing for clarity of content, accuracy, and depth of information.

9.7The student will self- and peer-edit writing for capitalization, punctuation, spelling, sentencestructure, paragraphing, and Standard English.

a. Use parallel structure across sentences and paragraphs.b. Use appositives, main clauses, and subordinate clauses.c. Use commas and semicolons to distinguish and divide main and subordinate clauses.d. Distinguish between active and passive voice.e. Use a variety of sentence structures to infuse sentence variety in writing.

10.6The student will write in a variety of forms to include persuasive, reflective, interpretive, andanalytic with an emphasis on persuasion and analysis.

a. Engage in writing as a recursive process.b. Plan and organize writing to address a specific audience and purpose.c. Adjust writing content, technique, and voice for a variety of audiences and purposes.d. Communicate clearly the purpose of the writing using a thesis statement.e. Objectively introduce and develop topics, incorporating evidence and maintaining an

organized structure and a formal style.f. Compose a thesis statement for persuasive writing that advocates a position.

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g. Clearly state and defend a position using reasons and sufficient evidence from crediblesources as support.

h. Identify counterclaims and provide counter - arguments.i. Show relationships among claims, reasons, and evidence and include a conclusion that

follows logically from the information presented.j. Blend multiple forms of writing including embedding a narrative to produce effective essays.k. Elaborate ideas clearly through word choice.l. Use textual evidence to compare and contrast multiple texts.

m. Revise writing for clarity of content, accuracy, and depth of information.n. Write and revise to a standard acceptable both in the workplace and in postsecondary

education.

10.7The student will self- and peer-edit writing for capitalization, punctuation, spelling, sentencestructure, paragraphing, and Standard English.

a. Use parallel structure across sentences and paragraphs.b. Use complex sentence structure to infuse sentence variety in writing.c. Distinguish between active and passive voice.d. Use colons correctly.e. Analyze the writing of others and suggest how writing might be improved.

FBLA Competitive Events and Activities Areas

NBEA Achievement Standards for Career Development

National MBAResearch Standards-Business Administration

Computer Applications

Electronic Career Portfolio

Future Business Leader

Job Interview

Word Processing

Demonstrate the ability to prepare and transmit electronic resumes and cover lettersthat meet business standards.

Apply verbal skills to obtain and convey information.

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Definition

Completion of an application form should reflect attention to the following details:

Preparation (Always bring copies of résumé and all other relevant information to ensure accuracy.)Accurate and complete information, including name, address, Social Security number (optional),education, work experiences, job title, references, and other qualifications/data, as requestedLegible penmanship and neatnessReferences (Always ask permission before listing a person as a reference.)

An electronic application form should

include complete, accurate, and effectively organized informationadhere to additional criteria specifically related to electronic transmittal of such information (e.g.,attention to security concerns, inclusion of keywords to enhance interest in the application, use ofscanner-friendly format).

Process/Skill Questions

How does the application form benefit the applicant?How does the application form benefit the employer?What criteria and methods do employers use to evaluate applications? Why should applicants take thisinto account when completing an application form?What professional and security considerations are important when submitting an employmentapplication electronically?Why is listing a Social Security number optional? If you choose not to list it, may a potential employerlegally exclude you from consideration?Why is it important to read and follow the directions on an application?What considerations are important when completing a job application online?What are the advantages and disadvantages of online applications for employees and employers?Why is it important for an application to be comparable to the applicant’s résumé?

Related Standards of Learning

English

Implement job-seeking skills to obtain employment.

Participate in career planning to enhance job-success potential.

Read to acquire meaning from written material and to apply the information to a task.

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9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

9.6The student will write in a variety of forms to include expository, persuasive, reflective, and analyticwith an emphasis on persuasion and analysis.

a. Engage in writing as a recursive process.b. Plan, organize, and write for a variety of audiences and purposes.c. Objectively introduce and develop topics, incorporating evidence and maintaining an

organized structure and a formal style.d. Blend multiple forms of writing including embedding a narrative to produce effective essays.e. Communicate clearly the purpose of the writing using a thesis statement.f. Compose a thesis for persuasive writing that advocates a position.g. Clearly state and defend a position using reasons and evidence from credible sources as

support.h. Identify counterclaims and provide counter - arguments.i. Determine the best kind of evidence to use for a claim, and effectively use fact and opinion to

support a position.j. Use textual evidence to compare and contrast multiple texts.k. Arrange paragraphs in a logical progression, using transitions between paragraphs and ideas.l. Revise writing for clarity of content, accuracy, and depth of information.

9.7The student will self- and peer-edit writing for capitalization, punctuation, spelling, sentencestructure, paragraphing, and Standard English.

a. Use parallel structure across sentences and paragraphs.b. Use appositives, main clauses, and subordinate clauses.c. Use commas and semicolons to distinguish and divide main and subordinate clauses.d. Distinguish between active and passive voice.e. Use a variety of sentence structures to infuse sentence variety in writing.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

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a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

10.6The student will write in a variety of forms to include persuasive, reflective, interpretive, andanalytic with an emphasis on persuasion and analysis.

a. Engage in writing as a recursive process.b. Plan and organize writing to address a specific audience and purpose.c. Adjust writing content, technique, and voice for a variety of audiences and purposes.d. Communicate clearly the purpose of the writing using a thesis statement.e. Objectively introduce and develop topics, incorporating evidence and maintaining an

organized structure and a formal style.f. Compose a thesis statement for persuasive writing that advocates a position.g. Clearly state and defend a position using reasons and sufficient evidence from credible

sources as support.h. Identify counterclaims and provide counter - arguments.i. Show relationships among claims, reasons, and evidence and include a conclusion that

follows logically from the information presented.j. Blend multiple forms of writing including embedding a narrative to produce effective essays.k. Elaborate ideas clearly through word choice.l. Use textual evidence to compare and contrast multiple texts.

m. Revise writing for clarity of content, accuracy, and depth of information.n. Write and revise to a standard acceptable both in the workplace and in postsecondary

education.

10.7The student will self- and peer-edit writing for capitalization, punctuation, spelling, sentencestructure, paragraphing, and Standard English.

a. Use parallel structure across sentences and paragraphs.b. Use complex sentence structure to infuse sentence variety in writing.c. Distinguish between active and passive voice.d. Use colons correctly.e. Analyze the writing of others and suggest how writing might be improved.

FBLA Competitive Events and Activities Areas

Electronic Career Portfolio

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NBEA Achievement Standards for Career Development

National MBAResearch Standards-Business Administration

Definition

Identification should include the following:

Arrive at the interview alone.Present a professional appearance (i.e., use clothing, accessories, and grooming appropriate for abusiness interview).Display professional behavior (e.g., arrive slightly early, display proper manners and professionalcourtesy including titles, use appropriate body language including handshake, offer a professionalgreeting, look directly at the interviewer).Use appropriate speech, tone of voice, volume, and standard English throughout the interview.Be well prepared (e.g., do company research prior to the interview; have necessary documentation inhand; prepare appropriate questions to ask; prepare clear, succinct answers to common interviewquestions).Bring the interview to a close in a professional manner.Follow up with appropriate communication.

Future Business Leader

Job Interview

Demonstrate the ability to complete an online job application accurately.

Apply verbal skills to obtain and convey information.

Implement job-seeking skills to obtain employment.

Participate in career planning to enhance job-success potential.

Read to acquire meaning from written material and to apply the information to a task.

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Process/Skill Questions

How should one prepare for a job interview?Why should a job applicant not bring anyone to a job interview?What constitutes acceptable conduct during an interview?How can an interviewee exhibit proper manners?How can body language affect an interview?What constitutes appropriate follow-up communication after an interview?Why is follow-up important?

Related Standards of Learning

English

9.5The student will read and analyze a variety of nonfiction texts.

a. Apply knowledge of text features and organizational patterns to understand, analyze, and gainmeaning from texts.

b. Make inferences and draw conclusions based on explicit and implied information usingevidence from text as support.

c. Analyze the author’s qualifications, viewpoint, and impact.d. Recognize an author’s intended purpose for writing and identify the main idea.e. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.f. Identify characteristics of expository, technical, and persuasive texts.g. Identify a position/argument to be confirmed, disproved, or modified.h. Evaluate clarity and accuracy of information.i. Analyze, organize, and synthesize information in order to solve problems, answer questions,

complete a task, or create a product.j. Differentiate between fact and opinion and evaluate their impact.k. Analyze ideas within and between selections providing textual evidence.l. Use the reading strategies to monitor comprehension throughout the reading process.

10.5The student will read, interpret, analyze, and evaluate nonfiction texts.

a. Analyze text features and organizational patterns to evaluate the meaning of texts.b. Recognize an author’s intended audience and purpose for writing.c. Skim materials to develop an overview and locate information.d. Compare and contrast informational texts for intent and content.e. Interpret and use data and information in maps, charts, graphs, timelines, tables, and

diagrams.f. Draw conclusions and make inferences on explicit and implied information using textual

support as evidence.g. Analyze and synthesize information in order to solve problems, answer questions, and

generate new knowledge.h. Analyze ideas within and between selections providing textual evidence.i. Summarize, paraphrase, and synthesize ideas, while maintaining meaning and a logical

sequence of events, within and between texts.j. Use reading strategies throughout the reading process to monitor comprehension.

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FBLA Competitive Events and Activities Areas

National MBAResearch Standards-Business Administration

Definition

Participation in a mock job interview should consist of practicing interviewing skills by playing both roles toillustrate desirable interview behaviors (e.g., dressing appropriately, maintaining eye contact, asking informedquestions) and undesirable behaviors (e.g., speaking too softly, failing to answer questions accurately orcompletely, using inappropriate body language).

Process/Skill Questions

How do dress and grooming affect first impressions? How does nonverbal communication affect firstimpressions?Why are listening and speaking skills so important in an interview?How can an applicant prepare for an interview?Why should an applicant research the company in advance of the interview?How and why should an applicant follow up with the prospective employer after an interview?What types of questions are illegal for employers to ask job applicants? Why? How should an applicanthandle such questions?Why is it important to ask the interviewer about the next steps in the hiring process before you leave theinterview?How can an applicant exhibit professional courtesy before and during an interview?What is the most important part of the interview? Explain.How can you prepare for a group or panel interview?What should you do to prepare for an online interview? A telephone interview?

Future Business Leader

Job Interview

L. Marguerite Crumley, Frank Manning Peele, Foundation's Sarah Lowe ThompsonScholarships

Implement job-seeking skills to obtain employment.

Participate in career planning to enhance job-success potential.

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Why is it important to practice your response to typical interview questions?How can body language make or break an interview?

Related Standards of Learning

English

9.1The student will participate in, collaborate in, and make multimodal presentations bothindependently and in small groups.

a. Make strategic use of multimodal tools.b. Credit information sources.c. Use vocabulary appropriate to the topic, audience, and purpose.d. Assist with setting rules for group work including informal consensus, taking votes on key

issues, presentation of alternate views and goal setting.e. Assume responsibility for specific group tasks.f. Share responsibility for collaborative work.g. Use a variety of strategies to listen actively and speak using appropriate discussion rules with

awareness of verbal and nonverbal cues.h. Include all group members, acknowledge new information expressed by others, and value

individual contributions made by each group member.i. Respond thoughtfully and tactfully to diverse perspectives, summarizing points of agreement

and disagreement.j. Evaluate impact, purpose, point of view, reasoning, and use of evidence and rhetoric of

presentation(s).k. Use self-reflection to evaluate one’s own role in preparation and participation in small-group

activities.

10.1The student will make planned multimodal, interactive presentations collaboratively andindividually.

a. Make strategic use of multimodal tools.b. Credit information sources.c. Demonstrate the ability to work effectively with diverse teams including setting rules and

goals for group work such as coming to informal consensus, taking votes on key issues, andpresenting alternate views.

d. Assume responsibility for specific group tasks.e. Include all group members and value individual contributions made by each group member.f. Use a variety of strategies to listen actively and speak using appropriate discussion rules with

awareness of verbal and nonverbal cues.g. Respond thoughtfully and tactfully to diverse perspectives, summarizing points of agreement

and disagreement.h. Choose vocabulary, language, and tone appropriate to the topic, audience, and purpose.i. Access, critically evaluate, and use information accurately to solve problems.j. Use reflection to evaluate one’s own role and the group process in small-group activities.k. Evaluate a speaker’s point of view, reasoning, use of evidence, rhetoric, and identify any

faulty reasoning.

FBLA Competitive Events and Activities Areas

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NBEA Achievement Standards for Career Development

National MBAResearch Standards-Business Administration

Definition

Portfolio should include a combination of electronic and non-electronic documents reflecting the student’squalifications—knowledge, skills, experience, accomplishments, and interests .

Future Business Leader

Job Interview

L. Marguerite Crumley, Frank Manning Peele, Foundation's Sarah Lowe ThompsonScholarships

Demonstrate appropriate interviewing techniques through participation in mock oractual interviews.

Demonstrate the ability to describe personal skills to interviewers.

Identify steps to prepare for an interview.

Apply active listening skills to demonstrate understanding of what is being said.

Apply verbal skills to obtain and convey information.

Communicate with staff to clarify workplace objectives.

Implement job-seeking skills to obtain employment.

Participate in career planning to enhance job-success potential.

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Process/Skill Questions

For what types of positions might an applicant choose to develop an employment portfolio? Why?What factors should be considered when determining the contents of an employment portfolio?How might an employment portfolio help the applicant in his or her job search?

Related Standards of Learning

English

9.2The student will produce, analyze, and evaluate media messages.

a. Analyze and interpret special effects used in media messages.b. Determine the purpose of the media message and its effect on the audience.c. Analyze the purpose of information and persuasive techniques used in diverse media formats.d. Evaluate the motives (e.g., social, commercial, political) behind media presentation(s).e. Examine how values and viewpoints are included or excluded and how the media can

influence beliefs, behaviors, and interpretations.f. Describe possible cause and effect relationships between mass media coverage and public

opinion trends.g. Evaluate sources including advertisements, editorials, political cartoons, and feature stories

for relationships between intent and factual content.h. Monitor, analyze, and use multiple streams of simultaneous information.i. Demonstrate ethical use of the Internet when evaluating or producing creative or

informational media messages.

10.2The student will examine, analyze, and produce media messages.

a. Create media messages for diverse audiences.b. Credit information sources.c. Evaluate sources for relationships between intent, factual content, and opinion.d. Analyze the impact of selected media formats on meaning.e. Analyze the purpose of information and persuasive techniques used in diverse media formats.f. Evaluate the motives (e.g., social, commercial, political) behind media presentation(s).g. Describe possible cause and effect relationships between mass media coverage and public

opinion trends.h. Monitor, analyze, and use multiple streams of simultaneous information.i. Demonstrate ethical use of the Internet when evaluating or producing creative or

informational media messages.

FBLA Competitive Events and Activities Areas

Computer Applications

Electronic Career Portfolio

Future Business Leader

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NBEA Achievement Standards for Career Development

National MBAResearch Standards-Business Administration

Definition

Job Interview

L. Marguerite Crumley, Frank Manning Peele, Foundation's Sarah Lowe ThompsonScholarships

Word Processing

Assemble a career management file for use in lifelong career activities that includestranscripts, diplomas, certificates, licenses, forms of identification, and educational andemployment history information.

Begin developing a portfolio of achievements and experiences including awards,extracurricular activities, and community service.

Create a personal Web site for the presentation of the career portfolio.

Develop a career portfolio of items including resumes, sample cover letters, letters ofrecommendation, examples of work and technical skills, awards, and documentation ofextracurricular activities and community service activities.

Implement job-seeking skills to obtain employment.

Participate in career planning to enhance job-success potential.

Read to acquire meaning from written material and to apply the information to a task.

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Follow-up should include

sending a timely, professionally written thank-you letter to includeappropriate business letter formatexpression of appreciation for the interviewa reminder to the interviewer of the applicant's qualificationsconfirmation of the applicant's interest in the jobrequest for further action, as appropriate (e.g., perhaps a second interview or meeting)

filing of contact information for future referencecompleting a self-evaluation of your performance in the interview.

Process/Skill Questions

Why is follow-up important?What should an effective interview follow-up letter include?How can an applicant make his or her follow-up letter stand out among those sent from otherapplicants?How can an interview follow-up letter benefit the applicant?How should a job applicant go about declining a job offer? Why is it important to decline an offer in aprofessional manner?What are the advantages and disadvantages of sending the follow-up letter in the form of an email,rather than as a traditional personal letter?What is self-evaluation? Why is it important when seeking a job?What type of information is included in a post-interview self-assessment?Why should an applicant thank everyone involved in the interview?

Related Standards of Learning

English

9.2The student will produce, analyze, and evaluate media messages.

a. Analyze and interpret special effects used in media messages.b. Determine the purpose of the media message and its effect on the audience.c. Analyze the purpose of information and persuasive techniques used in diverse media formats.d. Evaluate the motives (e.g., social, commercial, political) behind media presentation(s).e. Examine how values and viewpoints are included or excluded and how the media can

influence beliefs, behaviors, and interpretations.f. Describe possible cause and effect relationships between mass media coverage and public

opinion trends.g. Evaluate sources including advertisements, editorials, political cartoons, and feature stories

for relationships between intent and factual content.h. Monitor, analyze, and use multiple streams of simultaneous information.i. Demonstrate ethical use of the Internet when evaluating or producing creative or

informational media messages.

9.6The student will write in a variety of forms to include expository, persuasive, reflective, and analyticwith an emphasis on persuasion and analysis.

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a. Engage in writing as a recursive process.b. Plan, organize, and write for a variety of audiences and purposes.c. Objectively introduce and develop topics, incorporating evidence and maintaining an

organized structure and a formal style.d. Blend multiple forms of writing including embedding a narrative to produce effective essays.e. Communicate clearly the purpose of the writing using a thesis statement.f. Compose a thesis for persuasive writing that advocates a position.g. Clearly state and defend a position using reasons and evidence from credible sources as

support.h. Identify counterclaims and provide counter - arguments.i. Determine the best kind of evidence to use for a claim, and effectively use fact and opinion to

support a position.j. Use textual evidence to compare and contrast multiple texts.k. Arrange paragraphs in a logical progression, using transitions between paragraphs and ideas.l. Revise writing for clarity of content, accuracy, and depth of information.

9.7The student will self- and peer-edit writing for capitalization, punctuation, spelling, sentencestructure, paragraphing, and Standard English.

a. Use parallel structure across sentences and paragraphs.b. Use appositives, main clauses, and subordinate clauses.c. Use commas and semicolons to distinguish and divide main and subordinate clauses.d. Distinguish between active and passive voice.e. Use a variety of sentence structures to infuse sentence variety in writing.

10.2The student will examine, analyze, and produce media messages.

a. Create media messages for diverse audiences.b. Credit information sources.c. Evaluate sources for relationships between intent, factual content, and opinion.d. Analyze the impact of selected media formats on meaning.e. Analyze the purpose of information and persuasive techniques used in diverse media formats.f. Evaluate the motives (e.g., social, commercial, political) behind media presentation(s).g. Describe possible cause and effect relationships between mass media coverage and public

opinion trends.h. Monitor, analyze, and use multiple streams of simultaneous information.i. Demonstrate ethical use of the Internet when evaluating or producing creative or

informational media messages.

10.6The student will write in a variety of forms to include persuasive, reflective, interpretive, andanalytic with an emphasis on persuasion and analysis.

a. Engage in writing as a recursive process.b. Plan and organize writing to address a specific audience and purpose.c. Adjust writing content, technique, and voice for a variety of audiences and purposes.d. Communicate clearly the purpose of the writing using a thesis statement.e. Objectively introduce and develop topics, incorporating evidence and maintaining an

organized structure and a formal style.f. Compose a thesis statement for persuasive writing that advocates a position.

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g. Clearly state and defend a position using reasons and sufficient evidence from crediblesources as support.

h. Identify counterclaims and provide counter - arguments.i. Show relationships among claims, reasons, and evidence and include a conclusion that

follows logically from the information presented.j. Blend multiple forms of writing including embedding a narrative to produce effective essays.k. Elaborate ideas clearly through word choice.l. Use textual evidence to compare and contrast multiple texts.

m. Revise writing for clarity of content, accuracy, and depth of information.n. Write and revise to a standard acceptable both in the workplace and in postsecondary

education.

10.7The student will self- and peer-edit writing for capitalization, punctuation, spelling, sentencestructure, paragraphing, and Standard English.

a. Use parallel structure across sentences and paragraphs.b. Use complex sentence structure to infuse sentence variety in writing.c. Distinguish between active and passive voice.d. Use colons correctly.e. Analyze the writing of others and suggest how writing might be improved.

FBLA Competitive Events and Activities Areas

NBEA Achievement Standards for Career Development

Computer Applications

Electronic Career Portfolio

Future Business Leader

Job Interview

L. Marguerite Crumley, Frank Manning Peele, Foundation's Sarah Lowe ThompsonScholarships

Word Processing

Explain the importance of appropriate interview follow-up techniques.

List tasks to be completed following the interview.

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National MBAResearch Standards-Business Administration

Implement job-seeking skills to obtain employment.

Participate in career planning to enhance job-success potential.

Read to acquire meaning from written material and to apply the information to a task.

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001Identify the difference between needs andwants.

English: 9.5, 10.5

002Explain the three basic economic questionsanswered by any economy.

English: 9.5, 10.5

History and Social Science: GOVT.1, GOVT.14,WHII.8

003Distinguish among the factors ofproduction.

English: 9.5, 10.5

History and Social Science: GOVT.1, GOVT.15,WHII.8

004Explain the relevance of scarcity toeconomics.

English: 9.5, 10.5

History and Social Science: WHII.8

005 Describe a decision-making process.English: 9.3, 9.5, 10.3, 10.5

History and Social Science: WHII.8

006 Identify characteristics of free enterprise.English: 9.5, 10.5

History and Social Science: GOVT.1, GOVT.14,WHII.8

007Explain supply, law of supply, demand, lawof demand, and economic equilibrium.

English: 9.5, 10.5

History and Social Science: GOVT.1, GOVT.14,WHII.8

008Describe the effect of supply and demandon a free enterprise system.

English: 9.5, 10.5

History and Social Science: GOVT.1, WHII.4,WHII.8, WHII.12

009 Compare economic systems.English: 9.5, 10.5

History and Social Science: GOVT.14, GOVT.15,WHII.4, WHII.8, WHII.12

010Explain the positive and negative effects ofemerging economies on the global market.

English: 9.5, 10.5

History and Social Science: GOVT.13, GOVT.14,GOVT.15, WHII.4, WHII.8, WHII.12, WHII.13,WHII.14

011 Define the phases of the business cycle.English: 9.3, 9.5, 10.3, 10.5

History and Social Science: GOVT.1, WHII.8,WHII.10, WHII.11

012Identify the measures or indicators ofeconomic activity.

English: 9.5, 10.5

History and Social Science: GOVT.1, WHII.8,WHII.10, WHII.11, WHII.12, WHII.13, WHII.14

013Describe possible outcomes and otherimportant aspects of world trade.

English: 9.5, 10.5

History and Social Science: GOVT.12, GOVT.13,WHII.4, WHII.8, WHII.10, WHII.11, WHII.12,

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WHII.13, WHII.14

014 Identify the four types of businesses.English: 9.5, 10.5

History and Social Science: GOVT.1, WHII.4

015Compare major types of businessownership.

English: 9.5, 10.5

History and Social Science: GOVT.1, WHII.4

016 Identify the functions of management. English: 9.5, 10.5

017 Compare leadership styles.

English: 9.5, 10.5

History and Social Science: WHI.3, WHI.4, WHI.5,WHI.6, WHI.8, WHI.9, WHI.10, WHI.11, WHI.12,WHI.13, WHI.14, WHI.15, WHII.2, WHII.4, WHII.5,WHII.6, WHII.7, WHII.8, WHII.9, WHII.10,WHII.11, WHII.12, WHII.13, WHII.14

018 Explain the marketing concept.English: 9.5, 10.5

History and Social Science: WHII.8

019 Describe the marketing functions.English: 9.5, 10.5

History and Social Science: GOVT.1, WHII.8

020 Define target market. English: 9.3, 9.5, 10.3, 10.5

021 Explain market segmentation.English: 9.5, 10.5

History and Social Science: GOVT.1

022Use market segmentation to identify atarget market.

English: 9.5, 10.5

023Describe the elements of the marketingmix.

English: 9.5, 10.5

History and Social Science: GOVT.1

024 Describe the steps of the selling process. English: 9.5, 10.5

025 Explain the purpose of market research.English: 9.5, 10.5

Mathematics: A.9, AII.11, PS.1*, PS.2*, PS.3*, PS.4*,PS.8*

026Determine the social responsibilities of abusiness to the community and of thecommunity to a business.

English: 9.5, 10.5

History and Social Science: GOVT.9, GOVT.13,GOVT.15, WG.17, WG.18, WHII.14

027

Determine the environmentalresponsibilities of a business to thecommunity and of the community to abusiness.

History and Social Science: WHII.14

028Identify ethical and unethical businesspractices.

English: 9.3, 9.5, 10.3, 10.5

History and Social Science: GOVT.1, GOVT.9,GOVT.16, WHII.14

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029Explain the influence of technology onemployment, business operations, andglobal activities.

English: 9.5, 9.8, 10.5, 10.8

History and Social Science: GOVT.13, WHII.14

030Explain the effects of electronic commerce(ecommerce) on business and marketing.

English: 9.5, 9.8, 10.5, 10.8

History and Social Science: WHII.14

031Describe business and marketingcommunication tools and ways they areused in the workplace.

English: 9.2, 9.5, 10.2, 10.5

History and Social Science: WHII.14

032Demonstrate professional communicationskills.

English: 9.1, 9.5, 10.1, 10.5

History and Social Science: WHII.14

033Explain the importance of nonverbalcommunication in the workplace.

English: 9.5, 10.5

034Explain the importance of teamwork in theworkplace.

English: 9.5, 10.5

035Identify rights and responsibilities ofconsumers.

English: 9.5, 10.5

History and Social Science: WHII.14

036Describe how purchasing motives affectconsumer choices.

English: 9.5, 10.5

037Determine the best value among productsand services.

English: 9.5, 9.8, 10.5, 10.8

Mathematics: A.1

038Identify major consumer protectionagencies and their purposes.

English: 9.5, 9.8, 10.5, 10.8

History and Social Science: GOVT.9, WHII.14

039Explain the process of resolving consumercomplaints.

English: 9.5, 10.5

040Identify the characteristics of a validcontract.

English: 9.5, 10.5

041Explain the important concepts related toproduct labeling.

English: 9.5, 10.5

History and Social Science: WHII.14

042Identify the major types of businesstaxation.

English: 9.5, 10.5

043 Compute gross and net pay. Mathematics: A.1, A.2

044 Compare savings and investment options.English: 9.5, 10.5

History and Social Science: WHII.10, WHII.11,WHII.14

045Identify the purposes and major types ofinsurance to protect a business.

English: 9.5, 10.5

046 Identify basic banking services.English: 9.5, 10.5

History and Social Science: WHII.10, WHII.11,WHII.14

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047Demonstrate maintenance of checking andsaving accounts.

History and Social Science: WHII.14

048 Manage a budget.English: 9.3, 9.5, 10.3, 10.5

History and Social Science: GOVT.1

049Define the elements of creditworthiness ofa business.

English: 9.3, 9.5, 10.3, 10.5

History and Social Science: WHII.10, WHII.11

050Compare the types of loans available tobusinesses.

English: 9.5, 10.5

051Describe the various types of payment thata business may receive or use.

English: 9.5, 10.5

History and Social Science: WHII.14

052Explain the importance of a businessrating.

English: 9.5, 10.5

053

Describe the process and requirements forobtaining industry certifications related tothe Principles of Business and Marketingcourse.

054Identify testing skills and strategies for acertification examination.

English: 9.5, 10.5

History and Social Science: WHII.14

055

Demonstrate ability to successfullycomplete selected practice examinations(e.g., practice questions similar to those oncertification exams).

056

Successfully complete an industrycertification examination representative ofskills learned in this course (e.g.,Workplace Readiness Skills for theCommonwealth).

057Assess personal interests, aptitudes, andabilities.

058Research business and marketing careeropportunities.

English: 9.5, 9.8, 10.5, 10.8

History and Social Science: WHII.14

059Identify sources of employmentinformation.

English: 9.5, 10.5

060 Develop or update a résumé. English: 9.6, 9.7, 10.6, 10.7

061 Write a letter of application. English: 9.6, 9.7, 10.6, 10.7

062 Complete an employment application form. English: 9.5, 9.6, 9.7, 10.5, 10.6, 10.7

063Identify the steps involved in a successfuljob interview.

English: 9.5, 10.5

064 Participate in a mock job interview. English: 9.1, 10.1

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065Design an employment portfolio, includinga résumé in a format suitable for onlineposting.

English: 9.2, 10.2

066Complete follow-up to an employmentinterview.

English: 9.2, 9.6, 9.7, 10.2, 10.6, 10.7

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The following instructional scenarios provide classroom activities to support the major concepts included inPrinciples of Business and Marketing.

The World Is at Your Doorstep. Do You Open the Door?Duty/Concept Area: Understanding the Role of Economics in a Global EconomyYou have been hired as a market analyst for a major corporation that is considering going global with aproduct or service.

Is the Economy Healthy or Sick? Why Do Businesses Care?Duty/Concept Area: Understanding the Role of Economics in a Global EconomyYour friend Sharon has dreams of being an entrepreneur. Before she develops a business plan to launchher startup, she wants to know the condition of the economy and the role that it will play in the successof her business.

So You Want Your Own Business?Duty/Concept Area: Exploring the Core Concepts of Business and MarketingYou are an entrepreneur who wants to start a new business (of your choosing). You know you will needfinancing from an outside source to start.

Change the MixDuty/Concept Area: Exploring the Core Concepts of Business and MarketingYou and your business partner are marketing consultants who have been contacted by a traditionallysuccessful and well-known restaurant. Your task is to shake up their marketing mix in hopes ofproviding the company with better sales for their product.

Franchise OwnerDuty/Concept Area: Exploring the Core Concepts of Business and MarketingYou just won the lottery and are now a millionaire! Your goal with your new riches is to invest as afranchise owner.

Using the Marketing Mix to Build Your PlanDuty/Concept Area: Exploring the Core Concepts of Business and MarketingA law firm has $5 million in annual income. They currently need to focus on gaining new businesswhile retaining existing clients.

Ethical BehaviorDuty/Concept Area: Exploring Interrelated Social, Environmental, and Ethical ResponsibilitiesThree scenarios offer ethical challenges for employees.

Ethical Economic IncentivesDuty/Concept Area: Exploring Interrelated Social, Environmental, and Ethical ResponsibilitiesYou work for a large technology firm that has experienced bad press for economic incentives it hasreceived to bring its new headquarters to a locality.

Extreme Office MakeoverDuty/Concept Area: Investigating Technology Trends in Business and MarketingYou have been hired as a management consultant by a local small business (of your choosing). Theowner feels that he/she needs to upgrade the business by incorporating more technology.

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Virtual Medical Billing and CodingDuty/Concept Area: Investigating Technology Trends in Business and MarketingToday medical billing and coding professionals are increasingly finding their workspace to be virtualand electronic.

Asking for College and Career AdviceDuty/Concept Area: Developing Communication and Interpersonal SkillsYou aren’t sure which direction to take your college search or the next steps in your career. Fortunately,there’s a person (or people) in your network who can provide solid guidance.

Understanding Communication in Different CulturesDuty/Concept Area: Developing Communication and Interpersonal SkillsYou have been invited to join your boss on a sales trip to China.

Making Teamwork WorkDuty/Concept Area: Developing Communication and Interpersonal SkillsThe team must work together to solve the problem, then report their solution as a team.

Resolving Consumer ComplaintsDuty/Concept Area: Making Sound Business DecisionsConduct research to explain the process of resolving consumer complaints and the impact complaintshave on business performance.

How Much Does It Take?Duty/Concept Area: Making Consumer ChoicesYou must determine your weekly income, plan for and pay the living expenses you will incur, andestablish your monthly budget.

You Want Me to Do WHAT?Duty/Concept Area: Developing Employability SkillsYou must find a job in an area that interests you but does not require education beyond a high schooldiploma.

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DECA, the co-curricular student organization for Marketing, provides many opportunities through its programof work for students to apply the knowledge, skills, and processes learned in a variety of courses. Thepurposes of DECA's program of competitive events are as follows:

To contribute to the development of skills necessary for careers in marketing, merchandising,management, and entrepreneurshipTo evaluate student achievement of the skills through careful measurement devices (performanceindicators)To provide opportunities for student and team recognitionTo provide constructive avenues for individual or team expression, initiative, and creativityTo motivate students to assume responsibility for self-improvement and self-disciplineTo provide a vehicle for students to demonstrate (via performance indicators) their acquired skillsthrough individual or team activitiesTo assist students in acquiring a realistic self-concept through individual and team activitiesTo help students participate in an environment of cooperation and competitionTo provide visibility for the educational goals and objectives of marketing education.

For additional information about the student organization, contact DECA, Inc., 1908 Association Drive,Reston, VA 20191, phone (703) 860-5000, FAX (703) 860-4013. See the DECA, Inc. home page athttp://www.deca.org and the Virginia DECA home page at http://www.vadeca.org.

Common Skills Developed When Participating in DECA Events

Communication skills—The ability to exchange information and ideas with others through writing,speaking, reading, or listeningAnalytical skills—The ability to derive facts from data, findings from facts, conclusions from findings,and recommendations from conclusionsCritical thinking/problem-solving skillsProduction skills—The ability to take a concept from an idea and make it realTeamwork—The ability to plan, organize, and conduct a group projectPriorities/time management—The ability to determine priorities and manage time commitmentsThe ability to evaluate presentations

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Career and Technical Education student organization information correlates to course content. Listed beloware DECA Inc. competitive events available in Virginia that enable students to apply and practice tasks theyhave mastered within the Cybersecurity and Marketing and other marketing courses. Other events may beapplicable upon instructor discretion.* Refer to the Chapter Management Guide at http://vadeca.org forfurther details of Virginia events.

Please use this model DECA has provided to help place students in appropriate competitive events.

Freshman year: Principles of Business Administration EventsSophomore year: Team Decision Making Events and Business Operations Research EventsJunior year: Individual Series Events and Prepared Presentation EventsSenior year: Business Plans, Chapter Projects, and Online Events

PERFORMANCE INDICATORS

Tier 1—Business Administration Core: Consists of 12 instructional areas each with foundationalknowledge and skills common to the four career clusters that DECA supports. Performance indicatorsin this tier are used in the Business Administration Core exam and the four Career Cluster exams.Performance indicators in this tier are used in role-plays for Principles of Business AdministrationEvents, case studies for Team Decision Making Events and role-plays for individual Series Events.Tier 2—Cluster Core: Each career cluster has its own set of instructional areas and knowledge and

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skills unique to careers within that cluster. Performance indicators in this tier are used in Career Clusterexams. Performance indicators in this tier are used in case studies for Team Decision Making Eventsand role-play for Individual Series Events.Tier 3—Career Pathways: Career Clusters are then separated into career pathway, grouping similarcareers together in broad based pathways representing knowledge and skills unique to the pathway.Performance indicators in this tier are not used in exams. The performance indicators in the respectivepathway are used in role-plays for Individual Series Events.

Tier 4—Specialties: The specialty level addresses knowledge and skills needs for each specific careerwithin a pathway. For example, in professional selling, some job opportunities are pharmaceutical sales,real estate sales and advertising sales. Because they are so specialized, performance indicators from thistier are not used in DECA’s competitive events.

Principles of Business Administration Events: Performance indicators for role-plays and exams willbe selected from the business administration core.Team Decision-Making Events: Performance indicators for case studies and exams will be selectedfrom the business administration core and appropriate career cluster.Individual Series Events: Performance indicators will be selected from the business administrationcore and appropriate career cluster. Performance indicators for the role-plays will be selected from thebusiness and administration core, appropriate career cluster and appropriate pathway.Personal Financial Literacy Event: Performance indicators for the exam and role-plays will beselected from the National Standards in K-12 Personal Finance Education, created and maintained bythe Jump$tart Coalition for Personal Financial Literacy. Marketing Representative Events and Professional Selling and Consulting Events: Performanceindicators for the exams will be selected from the business administration core and appropriate careercluster.

Get complete lists of Performance Indicators at www.deca.org.

Individual Series Events

Accounting Applications (ACT)Apparel and Accessories Marketing Series (AAM)Automotive Services Marketing Series (ASM)Business Finance Series (BFS)Business Services Marketing Series (BSM)Entrepreneurship Series (ENT)

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Food Marketing Series (FMS)Hotel and Lodging Management Series (HLM)Human Resources Management Series (HRM)Marketing Communications Series (MCS)Quick Service Restaurant Management Series (QRSM)Restaurant and Food Service Management Series (RFSM)Retail Merchandising Series (RMS)Sports and Entertainment Marketing Series (SEM)

Personal Financial Literacy Event

Personal Financial Literacy (PFL)

Team Decision Making Events

Business Law and Ethics Team Decision Making (BLTDM)Buying and Merchandising Team Decision Making (BTDM)Entrepreneurship Team Decision Making (ETDM)Financial Services Team Decision Making (FTDM)Hospitality Services Team Decision Making (HTDM)Marketing Communications Team Decision Making (MTDM)Sports and Entertainment Team Decision Making (STDM)Travel and Tourism Team Decision Making (TTDM)

Business Operations Research Events

Business Services Operations Research (BOR)Buying and Merchandising Operations Research (BMOR)Finance Operations Research (FOR)Hospitality and Tourism Operations Research (HTOR)Sports and Entertainment Marketing Operations Research (SEOR)

Chapter Team Events

Community Service Project (CSP)Creative Marketing Project (CMP)Entrepreneurship Promotion Project (EPP)Financial Literacy Promotion Project (FLPP)Learn and Earn Project (LEP)Public Relations Project (PRP)

Entrepreneurship Events

Innovation Plan (EIP)Start-Up Business Plan (ESB)Independent Business Plan (EIB)International Business Plan (IBP)Business Growth Plan (EBG)Franchise Business Plan (EFB)

Integrated Marketing Campaign Events

Integrated Marketing Campaign – Event (IMCE)

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Integrated Marketing Campaign – Product (IMCP)Integrated Marketing Campaign – Service (IMCS)

Marketing Representative Events

Advertising Campaign Event (ADC)Fashion Merchandising Promotion Plan (FMP)Sports and Entertainment Promotion Plan (SEPP)

Professional Selling and Consulting Events

Financial Consulting (FCE)Hospitality and Tourism Professional Selling (HTPS)Professional Selling (PSE)

Online Events

Stock Market Game (SMG)Virtual Business Challenge Accounting (VBCAC)Virtual Business Challenge Fashion (VBCFA)Virtual Business Challenge Hotel Management (VBCHM)Virtual Business Challenge Personal Finance (VBCPF)Virtual Business Challenge Restaurant (VBCRS)Virtual Business Challenge Retail (VBCRT)Virtual Business Challenge Sports (VBCSP)

Other Events

SBE Certification

*Other events may also be relevant predicated on career interests and the synthesis of multiple tasks listed inthe curriculum. Students may also opt to spend time outside of class in occupationally specific skills so thatcurriculum tasks may be applied to occupationally specific events.

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Marketing: Marketing Strategy for a Community MarketFormulate and present a marketing strategy using bartering as a means of obtaining marketing services.

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Entrepreneurship Infusion Units may be used to help students achieve additional, focused competencies andenhance the validated tasks/competencies related to identifying and starting a new business venture. Becausethe unit is a complement to certain designated courses and is not mandatory, all tasks/competencies aremarked “optional.”

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