Business Management Syllabus Jan Stratton 2014 – 2015 1 Table of Contents Business Management at a Glance .................................................................................................3 Business Management Requirements ............................................................................................5 Business Management Syllabus ......................................................................................................8 Curriculum Maps: Safety ........................................................................................................................ 10 Team Building ........................................................................................................... 11 Career & College Exploration ................................................................................... 13 Computer Applications ............................................................................................. 16 Financial Literacy & Business Math .......................................................................... 19 Community Involvement .......................................................................................... 22 Writing a Business Plan: Overview ........................................................................... 25 Business Plan Introduction .......................................................................... 26 Business Plan Product/Service .................................................................... 29 Business Plan Marketing ............................................................................. 31 Business Plan Operations ............................................................................ 34 Business Plan Financials .............................................................................. 37 Sample of Marking Period “Choice Points” ................................................................................. 39 2 Business Management At a Glance Recommended Coursework: Students applying to RTCC should have achieved junior status. Additionally, in order to allow students to take full advantage of the program they should also have completed: all art, health, physical education, and driver’s education credits. Reading comprehension and writing ability are essential Math Connections II or the equivalent Interests and Attitudes: It is important for students to have particular interests and possess certain attitudes in order to excel in this program. Students applying for the Business Management program, students should possess the following: A strong desire to explore a wide range of career possibilities A solid interest in learning personal finances, including payroll, checks, credit cards, insurance, rent, and retirement accounts An eagerness to strengthen the skills needed for success in every career choice An interest in marketing, advertising, merchandising, retail, or customer service A readiness to participate in a work-study program or take a college course A commitment to community service An ability to exhibit professional behavior at all times Overview: The following is a brief overview of what happens in Business Management. The Business Management program is designed to provide students with the opportunity to study management, marketing, accounting, computer applications, while exploring future options through college and business visits. Students learn personal financial management. Students have the chance to participate in numerous practical and real world activities inside and outside of the classroom, including the operation of a for-profit, in-class business. Objectives: In this program, students can expect to learn and achieve the following: Develop the ability to live within a budget Develop expertise in marketing, advertising, merchandising, retail, and customer service Prepare a professional business plan Create, market, and operate classroom and/or school-wide, micro-businesses Visit colleges and businesses to learn about future careers Take advantage of leadership, scholarship, and travel opportunities offered through the local, state, and national DECA organization Earn college credit from Vermont Technical College and Community College of Vermont through the dual enrollment program College Credit and Industry Certifications: Students completing the program can earn the following college credits: Vermont Technical College: BUS 1051 Information Processing, 3 credits & CIS 1080 Intro to Spreadsheets and Database, 3 credits Community College of Vermont: CIS 1041 Micro Computer Applications 3 credits, ACC101 Office Accounting 3 credits and BUS 1010 Introduction to Business 3 credits 3 Students will earn a Career Safe industry-recognized certification After the Program: Business Management provides a strong foundation for successful college careers or immediate employment in the workforce. Past students have attended Vermont Technical College, University of Vermont, Thomas College, Norwich University, and New England School of Hair Design, among others. Other students have secured jobs in a variety of fields. Job Titles Include: Human resource manager Account manager Store manager Customer Service Representative Bank teller Administrative assistant Accounting intern To apply or for more information, contact Pat Halpin, Guidance Coordinator, at (802) 728-9595 or phalpin@randolphtech.org, or download an application at http://www.randolphtech.org. RTCC provides equal education opportunities to all learners regardless of race, color, national origin, gender, disability, religion, sexual orientation, gender identity, or marital/civil union status. 4 What Are My First Year Business Management Requirements? Or How Do I Become the Best Business Student I Can Be? Accounting (Seniors. Juniors as companion courses allow): 8 chapters using online software 1 Reinforcement Office Accounting Final for CCV credit Business Management: Participate in subsidiary business each semester Participate in at least 80% of subsidiary’s meetings Participate in combined activities with Graphics, Film, Building Trades, and others as schedule allows Career and College Exploration: Choices Interest Survey College comparison -- everyone College applications and essays – seniors required. Juniors encouraged Minimum of 8 visits to businesses and/or colleges, with reflection sheets Flexible Pathways or Dual Enrollment – seniors must enroll or work to increase Accuplacer scores to reach passing levels Resume, application letter, application forms, formal interview Community Involvement: (50 hours) -- everyone Maintain your own documentation May be one major project or several small activities Participate in centerwide community events Computer Applications: Passing grade on all final projects -- everyone Word Excel Power Point /Prezi Customer Service: Reading, DVDs, workbooks, presentations completed with 80% average Customer Service Certification—option for returning seniors. Others may participate Competencies: Pass State Competency Assessment DECA: Attend a minimum of 80% of meetings Participate in February state conference Personal Finance: Personal budget packet—first year. Award packet—second year. Income Tax Preparation—Internal Revenue Certification possible if desired IRC (Industry Recognized Credential) -- Two required -- everyone 5 Brainbench or National Retail Association Customer Service Certificate One or more Dual Enrollment courses Successful completion of one VTC or CCV course Microsoft Office Specialist or Expert Certification—Word, Excel, and/or Power Point Online Career-Safe Certification First Aid and CPR MoneySkill IC3 IRS Certification –Ethics and/or Basic Maintain Professional Portfolio Marketing/Advertising: Complete assignments with 80% accuracy Participate in design and creation of at least two window displays Poster/Video State Competition Business Core marketing events Math Assessment and Instruction: Complete Accuplacer in fall and spring Show improvement in Accuplacer score (goal: passing score) Complete math assignments with passing average Professional Behavior and Attire: Be professionally dressed at least 80% of the required days Be professionally dressed at all DECA conferences Maintain professional behavior at all times, or be actively engaged in a behavior improvement plan Reading: everyone Document a minimum of 1,000 pages for the year (almost any source is acceptable). Grade will be entered for 250 pages per marking period. Some will be completed as part of English assignments, and some as classroom assignments REAL Activities Participate in at least 80% of the activities Safety: Complete Career Safe Online Basic Participate in safety presentations in classroom 6 Tech project: Passing Research Paper—in English or independently Documented time for at least 30 hours on project – seniors Documented time for at least 15 hours – may be business plan -- juniors Passing score on final presentation Pass other activities and work as assigned. All grades are based on a point system which will be clearly described and understood by all. Every student’s grade is earned by the student; many choices are available, and many ways to improve a grade are available. We have read and we agree to the above requirements for the 2014 – 2015 Business Management year. We understand there will be consistent and on-going communication to and from the teacher to insure the best possible year. __________________________________ ________________ Student Signature Date __________________________________ Parent/Guardian Signature ________________ Date 7 Business Management Program 2014 – 2015 Syllabus September – October Team Building Business Organization o Inventory o Profit o Mark Up Safety Training Goal Setting Computer Applications o Word Processing Basics Career and College Exploration o Values Clarification o Interest Surveys o Career Comparison o Business Owner Interviews o College Search and Visits o Get a Job Resume Cover Letter Applications Financial Management o Checkbook Simulation November – December – January Financial Management o Payroll and Payroll Taxes o Credit Card Selection and Use o Projected Personal Budget for One Year Interest on Loans, Leases, Insurance o Retirement Planning Career and College Exploration o Mock Interviews Computer Applications o Excel Basics Accounting Cycle o Beginning Balance Sheet to Post Closing Trial Balance Business Ethics Conflict Resolution – Mediation Automated Business Simulation Technical Project Completion 8 February – March – April Vermont State DECA Competition Computer Applications o Presentation Basics o College Course: “Information Processing” Marketing – Advertising Business Planning o Writing a Business Plan o Demographics o Target Markets and Market Segment o Business Organization o Introduction to Marketing o Business Structure o Laws May – June Business Planning o Business Operations Insurance Building Layout o Business Finances Payroll Cost Analysis Break Even Analysis Projected Budget o Business Plan Submission to State Competition o Final Presentation 9 BM Program Curriculum Map--Safety 2014 - 2015 Term Unit Focus of Instruction* Competency or Assessment Standard August – September 2014 Safety Students will know the general safety requirements in all businesses and offices Students will know what owners and employees can do to avoid unsafe practices in businesses and offices Students will understand safety requirements related to: Fire extinguishers, evacuation drills, fire drills Electrical outlets, cord storage Ladders, scaffolding, second story or loft access Box cutter, knife, and scissor use and storage Lifting techniques First aid certification (when available) How to react to a robbery Ergonomics: computers, chairs, keyboards Hand washing Identity theft and online safety VT Blueprint: Business, Management, Administration Cluster. Topic Area 4.2: Human Resource Management: Safety Regulations Vermont Dept. of Ed. Business Cluster Competencies: Core H: Safety in the Workplace Environment Instructional Materials & Resources On line safety course: Career Safe Online Internet and general textbook sources for safety information Small group and/or individual presentations on safety topics Examination of first aid kit Assessment & Materials Career Safe Online certificate upon successful completion of 10 units and 10 tests Student presentation to class on one safety topic Choice points or 10 marking period points upon completion of presentation. Rubric used for assessment. Demonstration by each student is required for safe lifting, use of fire extinguisher, use of box cutter Safety Quiz Certification for first aid and CPR if instructor is available 10 BM Program Curriculum Map—Team Building 2014 – 2015 Term Sept – Oct. Year long involvement in schoolbased enterprises (BSE) Unit Focus of Instruction* Team Building Students will: and Intro to Learn the names and Business interests of the members Management of their program. Learn to work as a team with a diverse group Learn to value and respect other points of view Be able to explain the value of teamwork in both personal and professional arenas Develop a team model with other programs Understand how to build a team in the workplace Competency or Assessment Standard Vermont Dept. of Education— VT Blueprint: Business, Management, Administration Cluster. Topic Area 11: Leadership and Teamwork Area 8: Communication Business Cluster Core Competencies: D—Demonstrate Leadership and Teamwork F—Demonstrate Problem Solving and Critical Thinking Management Concentration Competencies: K—Demonstrate Knowledge of 11 Instructional Materials & Resources REAL Activities: M& M’s, Skittles Cooperation Countdown TP Squares 2 Lies & a Truth Yarn Toss Structures Class Norms Broken Squares Toxic Spill Structures (newspaper, straws) Teacher Created Activities: Murder Mystery Roads: marshmallows & spaghetti Rope tangle Bouncy Balls Point of View Scenarios Chemical Warfare Kathleen McNulty: Rich Tasks: problem solving situations (math, business) Handbook Scavenger Hunt Assessment Teacher observation Individual reflective writings Mini assessments: ABCD-High/Low Review for state assessment Jeopardy Point of View rubric Discussion between teammates re: success of problem solving Ability to complete eBay research and posting w/team Individual and team selfassessments Program and crossprogram business meeting minutes Personnel Management & Supervision RTCC Scavenger Hunt Puck Puck Logic problems and games Where Am I From? Personality Profile Posters (DISC) Corner Window Displays Results of written tests and role plays from state DECA competition Student log of community service hours Student documentation of participation in REAL activities Activities with other program: eBay State mandated final Jeans advertising VT Entrepreneur Poster assessment competition Downtown Ventures Cross-program company creation DECA participation Program and Centerwide community service activities Choose program businesses, positions, names. Participate in SBE throughout year Participation in DECA and program business meetings Program celebrations: Pumpkin carving Holiday celebrations Group lunches 12 Business Management Curriculum Map—Career & College Exploration 2014 - 2015 Term September - October Unit Focus of Instruction* Career and Students will know: college exploration how to identify a career path. their learning styles and strengths/intelligences. what skills and abilities are needed to be successful in any career (team work, goal setting, business dress and etiquette) how to develop the skills and abilities they need. how to find a suitable college/technical school, and how to finance it. how to complete college and job applications. where to find scholarships. what employers are looking for in their employees how to get the desired job: resume, cover letter, applications forms, interviews how to evaluate online and print job postings Competency or Assessment Standard Instructional Materials & Resources VT Blueprint: Business, Management, Administration Cluster: Topic Area 4: Human Resources Mgmt Topic Area 7: Professional Development Topic Area 8: Communication Topic Area 6: Information Management O’Net Interest Survey Business Cluster Core Competencies: D--Demonstrate Leadership & Teamwork E—Demonstrate Employability and Career Development Skills “7 Kinds of Smart” survey by T. Armstrong 13 Career Exploration Inventory, EZ Teacher generated interest and value surveys Do What You Are online survey Occupational Outlook Handbook (online and print) DISC Personality Typing Gardner’s Multiple Intelligences Surveys You Tube videos “Visualize Your Future” guided activity “Choices” online Skills Auction Article Summaries: Assessment & Materials Assessment checklist and gradesheet for Career Exploration requirements Group poster for personality typing Written reflections on interest and intelligences surveys Written reflections on job shadows Written reflections on college visits Completed college information collection chart Completed career information collection chart Completed scholarship list and applications Graded article summary report forms Log of progress meeting goals College essay assessment Improvement in Accuplacer pre F—Demonstrate Problem Solving and Critical Thinking I—Demonstrate Use of Technology in the Office Environment OSSU Primary Standards: Communication Critical Thinking and Problem Solving Personal & Social Development OSSU Priority Standards: 1.18 Information Technology-Research 1.19 IT Informational Sources 1.20 Communication of Data 1.21 IT Selection 1.22 Simulation & Modeling 5.14 Responding 14 College and Career articles Mary Kay Business Dress/Attitude guest speaker REAL Goal Setting Activities : Smarties House of Cards Real Goal Setting Life Goals Survey Let Your Fingers Do the Walking Am I Entrepreneurial Material? Airplanes goal setting activity Weekly goal setting charts Laminated pictures College application essay College view books College Fair Interviews and job shadows with local business owners and post tests Get a Job packet assessment sheet Business Dress presentation/Podcast Rubric for Business Customs PowerPoint Self assessment of job interview Rubric from mock interview with advisory board member Choice points Acceptance(s) to college(s) Use of voucher for college credit course Tech Project Log Complete, organized Portfolio to Media 7.10 Math Problem Solving College campus visits Online college sites Co-op placement College applications Accuplacer Completion of RTCC’s Career Plan Form Downtown Randolph career skills scavenger hunt International Business Customs PowerPoint Use of voucher for college class Get a Job packet: resume, cover letter, local application forms, formal mock interviews with advisory board members Tech Project 15 Business Management Program Curriculum Map—Computer Applications 2014 - 2015 Term Year Unit Focus of Instruction Computer Students will know: Applications How to select the best software for a given problem How to use word processing techniques to enhance any document How to design and create a spreadsheet and charts/graphs to solve a problem or present information How to use a spreadsheet file for financial records. How to use software to enhance any oral presentation. How to use social media to enhance a business How social media postings impact a job search Competency or Assessment Standard VT Blueprint: Business, Management, Administration Cluster. Topic Area: 1: Entrepreneurship 2. Business Ethics 4: Human Resources 5: Financial Management 6: Information Management 7: Professional Development 8: Communication 10: Marketing VT Dept. of Education— Business Cluster Core Competencies: B—Use English, Language Arts to Communicate Effectively C—Demonstrate Customer Sales and 16 Instructional Materials & Resources Google Drive Microsoft Office 2013 Century 21 Accounting Textbook, Ed. 8 Business Management program company Collaborative work with other programs and CTSOs Online research Teacher-created projects: mock or real school newspapers, country customs presentation software, ads for businesses, spreadsheet practice Social media Aplia Accounting software Assessment & Materials Successful completion of Labyrinth textbook projects Collaborative newspaper rubric Maintenance of Excel worksheets and charts Choice Points International Business Customs presentation rubric Teacher and student evaluation of subsidiary financial statements Teacher observation: student use of appropriate software for any given task Business plan competition results Small group newspaper assessment Rubrics for Power Point presentations Service Skills in an Office Environment E—Demonstrate Employability and Career Development Skills F—Demonstrate Problem Solving and Critical Thinking G—Demonstrate Ethics and Legal Responsibility I—Demonstrate Use of Technology in the Office Environment VT Dept. of Education— Business Cluster Management Competencies: J—Develop a Business Plan K—Demonstrate Knowledge of Personnel Management and Supervision M—Manage Operations and Production N—Perform 17 Teacher-led application College credit: Microcomputer explorations Applications, Office Accounting, Intro to Info Processing Student maintained Portfolio samples: PowerPoint, logs for community charts, Excel documents, service hours, reading, accounting tech project hours Final presentation rubric Student maintained financial documents for subsidiary businesses Library books on international business etiquette REAL: Excel based activities College Accounting course Budget packet Get a Job packet Business Plan: demographics, financial projections Final presentation Marketing Functions O—Perform Financial Functions Utilizing Mathematics in Management P—Communicate in Management Occupations 18 Business Management Program Curriculum Map—Financial Literacy & Business Math 2014 - 2015 Term Unit Focus of Instruction On going Financial throughout Literacy year and Business Math Students will know the basic accounting cycle and how it is completed in a small business. Students will know how to design and maintain an annual budget. Students will understand the principles of compound interest, especially related to retirement Students will understand and calculate payroll income and deductions Students will know how to use and maintain a checkbook and credit card. Students will know how to complete Income Tax Form 1040EZ, and VT income tax forms. Students will understand how loans and interest work, and be able to complete a simple loan application. Competency or Assessment Standard Instructional Materials & Resources VT Blueprint: Business, Management, Administration Cluster. Topic Areas 1: Entrepreneurship 3. Business Principles 4: Human Resources 5: Financial Management 6: Information Management 7: Professional Development 8: Communication 9. Customer Relations 10: Marketing Century 21 Accounting textbook and working papers, 8th ed. VT Dept. of Education—Business Cluster Core Competencies: C—Demonstrate Customer Sales and Service Skills in an Office Environment E—Demonstrate Employability and Personal budget packet 19 Microsoft Excel Google Drive Checkbook simulation Sample credit card applications On Your Own: Coast to Coast simulation Virtual Business math simulation Sample loan applications Field trip to bank(s) Business program subsidiaries (SBE) Assessment & Materials Chapter quizzes and mastery problems for accounting Choice points Reflections on Automatic Millionaire Payroll quizzes Successful completion of Coast to Coast simulation Virtual Business math & simulation completion Skill demonstrations and quizzes for checkbook, credit card applications, taxes Successful completion of personal budget packet Practical application of financial planning with Building Trades, subsidiaries (SBEs), DECA Presentation re: payroll posters Students will be able to use fractions, decimals, and percents Students will understand the impact of market research on sales Students will understand the impact of advertising on a business Students will determine pricing for inventory, calculating markup and profit Students will make change, make biweekly deposits, and maintain profit and loss statements Career Develop. Skills F—Demonstrate Problem Solving and Critical Thinking G—Demonstrate Ethics and Legal Responsibility I—Demonstrate Use of Technology in the Office Environment VT Dept. of Education—Business Cluster Management Competencies: J—Develop a Business Plan K—Demonstrate Knowledge of Personnel Management and Supervision M—Manage Operations and Production N—Perform Marketing Functions O—Perform Financial Functions Utilizing Mathematics in Management P—Communicate in Management Occupations 20 ARVOCE account deposit forms Current income tax forms: 1040EZ, VT Improved Accuplacer scores Professional assessment of business plans Improved Math Blast scores Payroll worksheets VT Business Plan competition Guest speakers Stock Market game (?) DECA fundraising Successful completion of MoneySkills modules Successful fundraising for DECA state and national competition Awesome Island game MoneySkills modules Federal Reserve: It’s Your Paycheck One minute “Math Blasts” YouTube clips on finance Automatic Millionaire by David Bach REAL activities: Markolini Go With the Flow Scholarships and awards at end of year from subsidiaries and collaboratives Co-operative education placements (local bank, other) Out of the Shoebox Cash Flow on the Right Side of the Brain The Payroll Mystery Pricing for Profit Toni’s T-Shirts A Family Bought a House Sweet Thang Clay Potts How Much is that Money in the Window Vending machine and/or other program businesses Examination of Payroll posters Teacher generated advertising packet Key Curriculum mini textbooks: Fractions, Percents, Decimals, Algebra I Business plan financial section 21 Business Management Program Curriculum Map—Community Involvement 2014 - 2015 Term Unit Focus of Instruction* Throughout Community Students will: year Involvement Understand that “community” has many definitions Understand the personal value of involvement in their communities Understand the financial impact of a business’s involvement in the community Understand and evaluate the ethical vs legal differences in community contact situations Competency Instructional or Assessment Materials & Standard Resources VT Blueprint: Business, Management, Administration Cluster. Topic Areas 2. Business Ethics 8: Communication 11: Leadership & Teamwork Fall and Spring RTCC/Community Involvement Days VT Dept. of Education— Business Cluster Core Competencies: B—Use English, Language Arts to Communicate Effectively F—Demonstrate Problem Solving and Critical Thinking G—Demonstrate Ethics and Legal Responsibility I—Demonstrate Use of Technology Office Environment VTC apple orchard 22 Assessment & Materials Completion of 50 annual hours of community involvement Adopt-a-Family Student participation in role plays Blood Drives Choice points Family requirements List of “communities” of which student is a member VT Foodbank Activity: My Community Values activities, including budget packet Mission statements from companies Teacher generated simulations: Peonies and Completion of budget packet and career/college interest inventories Completion of mission statement for business plan Completion of resume, including community involvement section Class discussion Student written reflections Completion of small group community service project VT Dept. of Education— Business Cluster Management Competencies: K—Demonstrate Knowledge of Personnel Management and Supervision P—Communicate in Management Occupations OSSU Primary Standards: 1.0 Communication 2.0 Critical Thinking and Problem Solving 3.0 Personal & Social Development OSSU Priority Standards: 1.18 Information Technology-Research 1.19 IT Informational Sources 1.21 IT Selection 1.22 Simulation & Modeling 23 Pekinese Lost & Found Money Farmer Fred and Neighbor Ted My Boyfriend Business Error role plays Found Money Town meeting Elections: national, state, local, program Student-written role plays for mediation VT Dept. of Education— Business Cluster Management Competencies: K—Demonstrate Knowledge of Personnel Management and Supervision P—Communicate in Management Occupations OSSU Primary Standards: 4.0 Communication 5.0 Critical Thinking and Problem Solving 6.0 Personal & Social Development OSSU Priority Standards: 1.18 Information Technology-Research 1.19 IT Informational Sources 1.21 IT Selection 1.22 Simulation & Modeling 24 Business Management Program Curriculum Map—Writing a Business Plan Overview (7) 2014 - 2015 Term Second Semester Unit Writing a Business Plan Focus of Instruction* Students will: Explore the skills needed to become a successful entrepreneur Research how the demographics of an area impact a business’s success Complete market research Identify how competitors enhance any business Develop customer service expertise Design the layout of a business Develop personnel management skills Identify pros and cons of different legal structures for a business Develop advertising skills Understand how the 5 P’s (product, placement, price, people, promotion) impact business decisions Understand and utilize a “break even analysis” Understand and create cash flow spreadsheets Write a comprehensive business plan Competency or Assessment Standard See following business plan documents 25 Instructional Materials & Resources Assessment & Materials See following business plan documents See following business plan documents Business Management Program Curriculum Map: Business Plan Introduction 2014 - 2015 Term Unit Focus of Instruction* Throughout Introduction to Students will: first Business Explore the skills needed semester. Planning and to become a successful Entrepreneurship entrepreneur Beginning Understand the of second connection between semester: being a good employee January—2 and a good employer weeks Learn how to overcome some of the stresses that impact many employees and employers Competency or Assessment Standard VT Blueprint: Business, Management, Administration Cluster. Topic Areas 1: Entrepreneurship 2.Business Ethics 3. Business Principles 4: Human Resources 6: Information Management 7: Professional Development 8: Communication 9. Customer Relations 10: Marketing 11. Leadership & Teamwork VT Dept. of Education – 26 Instructional Materials & Resources Advisory Board Virtual Business simulation REAL workbook REAL activities: Entrepreneurship Bingo Am I Entrepreneurial Material? Dollar Scholar Micro-Enterprise Ideas Mix and Match Testing, Testing, 1, 2, 3, 4 What Will Happen to that S.O.B. Are We Having Funds Yet? Downtown Ventures Banker/Entrepreneur Downtown Randolph Assessment & Materials Brainstorm of potential advisory board members Virtual Business simulation completion Article Summary Forms Choice Points for REAL activities Downtown Randolph Scavenger Hunt chart and reflection forms Downtown Ventures reflection form English graded assignments Assessment for College & Career Exploration packet Business Cluster Core Competencies: B—Use English Language Arts to Communicate Effectively D--Demonstrate Leadership & Teamwork E—Demonstrate Employability and Career Development Skills F—Demonstrate Problem Solving and Critical Thinking I—Demonstrate Use of Technology in the Office Environment VT Dept. of Education – Business Cluster Management Competencies: J—Develop a Business Plan N—Perform Marketing Functions 27 Scavenger Hunt Career and Interest Exploration packet (see College & Career unit) English assignments Article summaries Stress management techniques, stretches, visualizations Local massage therapists Program businesses DECA Cooperative business with other programs Stress Management techniques O—Perform Financial Functions Utilizing Mathematics in Management P—Communicate in Management Occupations 28 Business Management Program Curriculum Map: Business Plan Product/Service 2014 - 2015 Term January February Unit Focus of Instruction Identify product or service for own business Students will: Identify the factors that influence the probable success or failure of a business venture, including emerging trends in business Understand how to identify and fill a niche market Generate creative products/services Competency or Assessment Standard VT Blueprint: Business, Management, Administration 1: Cluster. Topic Areas 1: Entrepreneurship 3. Business Principles 6: Information Management 8: Communication 9. Customer Relations 10: Marketing VT Dept. of Education – Business Cluster Core Competencies: B—Use English Language Arts to Communicate Effectively D--Demonstrate Leadership & Teamwork F—Demonstrate 29 Instructional Materials & Resources Assessment & Materials Advisory Board Article Summary Forms REAL activities: Let Your Fingers Do the Walking Plugging the Leaks Slug Slime Spoons Trash to Treasures Niches SWOT Your Business Idea Setting Up Shop Choice Points for REAL activities 101 Best Businesses to Start Virtual Business simulation: Product/Service module Telephone books Internet: company websites Graded assessment from Virtual Business simulation English graded assignments Profit from program and crossprogram businesses Graded Product/Service part of Business Plan DECA competition role play assessment from judges Business Plan competition assessment Final presentation grade from panel judges Problem Solving and Critical Thinking VT Dept. of Education – Business Cluster Management Competencies: Interviews with staff & friends 10 Idea Brainstorm ID trade associations and organizations J—Develop a Business Plan Great Names Brainstorm Game N—Perform Marketing Functions Article summaries P—Communicate in Management Occupations DECA 30 Program businesses Cooperative business with other programs Business Management Program Curriculum Map: Business Plan Marketing 2014 – 2015 Term Unit Focus of Instruction* February April Business Planning-Marketing Students will: understand how to identify a “target market” understand how to locate, interpret and use demographic information understand how competition influences a business’s success or failure understand and demonstrate appropriate customer service skills create a comprehensive marketing plan for a product or service Competency or Assessment Standard VT Blueprint: Business, Management, Administration 1: Cluster. Topic Areas 1: Entrepreneurship 2. Business Ethics 3. Business Principles 4: Human Resources 5: Financial Management 6: Information Management 8: Communication 9. Customer Relations 10: Marketing VT Dept. of Education – Business Cluster Core Competencies: A—Demonstrate an Understanding of Business Systems B—Use English 31 Instructional Materials & Resources Assessment & Materials Advisory Board Article Summary Forms Virtual Business simulation Choice Points for REAL activities Article summaries State competitions: Entrepreneurship, DECA state conference REAL activities: People Like Us The Lay of the Land Mapping the Community Finding Common Ground Zero In On Your Market Gail’s Great Outdoors Opportunity or Disaster? Toys Are Us or Virtual Business simulation assessments Real workbook and journal entries Demographic report rubric Berwyn assessment sheets Debra Schmidt Customer Service assessments Checklists for Business Core advertising activities Advertising packet assessment Greeting card assessment VT Visual Media Entrepreneurship Competition: Posters and Film Language Arts to Communicate Effectively C—Demonstrate Customer Sales & Service D--Demonstrate Leadership & Teamwork F—Demonstrate Problem Solving and Critical Thinking I—Demonstrate Use of Technology in the Office Environment VT Dept. of Education – Business Cluster Management Competencies: J—Develop a Business Plan L—Knowledge of Facilities, Equipment, Supplies N—Perform Marketing Functions O—Perform Financial Functions Utilizing 32 Them I Buy, Therefore I Am A Customer Putting the Customer’s Interests First Boffo’s Balloons Mainline Gift Shop Wanna Hear About My Business Making an Offer They Can’t Refuse DCV Promoting Who Said That? DCV Moving Internet for demographic research and competitors Activities with other programs Compilation of own demographic information Berwyn: Best Location Job 7—Customer Service Job 11—Quality Control Business Plan Competition DECA state display competition Financial success with crossprogram businesses Financial success with Business Management program businesses Final presentation Mathematics in Management P—Communicate in Management Occupations Debra Schmidt Articles and Customer Service book Randolph Downtown— design and pilot market research for product Subway Role Play Corner window displays Print advertising rules Advertising packet: critique and creation Print Radio Website Gender Ruth ‘s Activity: Gender Equity in Baby Announcements Marketing plan for business plan Program businesses Cooperative business with other programs 33 Business Management Program Curriculum Map: Business Plan Operations 2014 - 2015 Term April May Unit Focus of Instruction Business Students will: Planning- understand and identify Operations three types of business structures, and identify pros and cons of each understand state and federal employee/employer laws locate regulations and licenses related to a specific business understand basic types of insurance, and how to manage risk understand how to plan the layout of a facility identify and locate the supplies and equipment necessary to open a business Competency or Assessment Standard Instructional Materials & Resources VT Blueprint: Business, Management, Administration Cluster. Topic Areas 1: Entrepreneurship 3. Business Principles 4: Human Resources 5: Financial Management 6: Information Management 8: Communication 10: Marketing Advisory Board—mock interviews VT Dept. of Education – Business Cluster Core Competencies: A—Demonstrate an Understanding of Business Systems B—Use English Language Arts to Communicate Effectively 34 Virtual Business simulation REAL workbook—p 83 Article summaries REAL activities: Payroll Expenses: The Payroll Mystery Are You Liable to Be Liable? Internet for research MS Office— organization flow chart Federal & state payroll posters Business Core mini business plan activity Assessment & Materials Article Summary Forms Choice Points for REAL activities Virtual Business simulation assessments Real workbook and journal entries Berwyn assessment sheets Payroll poster presentation checklist Berwyn ice cream shop layout competition Berwyn Employee Work Habits assessment Greeting card assessment Discussion re hiring considerations Business Plan Competition D--Demonstrate Leadership & Teamwork E—Demonstrate Employability and Career Development Skills F—Demonstrate Problem Solving and Critical Thinking G—Demonstrate Ethics & Legal Responsibility I—Demonstrate Use of Technology in the Office Environment DECA state display competition Berwyn: Ice Cream Store Job 10—Employee Work Habits Ruth ‘s Activity: Gender Equity in Baby Announcements 35 Financial success with Business Management program businesses Final presentation Deb Stewart: Which One Would You Hire? Newspapers and internet—Job ads and descriptions Federal Employer ID form VT Dept. of Education – Business Cluster Management Competencies: J—Develop a Business Plan K—Demonstrate Knowledge of Personnel Management and Supervision L—Knowledge of Facilities, Equipment, Financial success with crossprogram businesses Local insurance agents (Poulas in Bethel; Ricker in Northfield) Program businesses DECA display competition Cooperative business with other programs Supplies N—Perform Marketing Functions O—Perform Financial Functions Utilizing Mathematics in Management P—Communicate in Management Occupations R—Manage Legal Responsibilities 36 Business Management Program Curriculum Map: Business Plan Financials 2014 - 2015 Term Unit Focus of Instruction* May - June Business Planning-Financials Students will: complete Tax Form 1040EZ complete VT Income Tax forms calculate payroll determine start up costs of a business understand and use a cash flow chart complete a “break even” analysis understand and create an income statement Competency or Assessment Standard VT Blueprint: Business, Management, Administration 1: Cluster. Topic Areas 1: Entrepreneurship 2. Business Ethics 3. Business Principles 4: Human Resources 5: Financial Management 6: Information Management 7: Professional Development 8: Communication 9. Customer Relations 10: Marketing VT Dept. of Education – Business Cluster Core Competencies: B—Use English Language Arts to Communicate 37 Instructional Materials & Resources Assessment & Materials Virtual Business software Virtual Business math & simulation success REAL workbook Article Summary Forms Article summaries Choice Points for REAL activities REAL activities: A Day at the Flea Market Markolini Cash Flow on the Right Side of the Brain Pricing for Profit DCV Princing The Price is Right Toni’s T-Shirts A Family Bought a House Go With the Flow Clay Potts Sweet Thang Out of the Shoebox Welda Rodd How Much is that Money in the Real workbook and journal entries Berwyn assessment sheets Income Tax quiz IRS Certification Business Plan Competition DECA state competition Financial success with crossprogram businesses Financial success with Business Management program businesses Final presentation Effectively D--Demonstrate Leadership & Teamwork F—Demonstrate Problem Solving and Critical Thinking I—Demonstrate Use of Technology in the Office Environment VT Dept. of Education – Business Cluster Management Competencies: J—Develop a Business Plan M—Manage Operations & Production N—Perform Marketing Functions O—Perform Financial Functions Utilizing Mathematics in Management P—Communicate in Management Occupations 38 Window Stepping Stones to Cash Flow Internet for research MS Office and Google—spreadsheets Tax Forms 1040EZ and VT Income Tax Forms Federal Income Tax student packet IRS Trainer Berwyn: Job 9—Sales Analysis Program businesses Cooperative business with other programs The following are possible selections for your required 350 points for second quarter 2014 - 2015. You are responsible for documenting what you do, and for maintaining a log of your time and activities. You may earn a maximum of 50 points from any one category, except for companion courses. This includes the math booklets. Each companion course is worth 50 points. Please feel free to suggest other activities which you believe are worth points. Name _____________________________ Possible Pts. 50 50 10 per chapter 1 - 10 per chapter 1 - 5 per chapter 5 per hour practice 10 each 5 each 5 per 25 pages 1/2 per page 5 when corrected 5 per hour practiced 15 up to 10 per display 5 per chapter 5 per hour 15 5 per hour practice 20 5 per hour 5 per meeting 5 each (20 maximum) 10 each 5 each 5 each varies (5 - 50) 10 5 - 10 each 20 20 10 10 per chapter 15 20 2 per module 5 per "job" varies (10 - 40) Activity Companion class: Companion class: Accounting Mastery Acct. Study guides Accounting challenge problems Math facts Additional reflections & visits Additional article summaries Additional reading over 250 pages after 11/01 Math books Math test Keyboarding improvement Checkbook Simulation Corner display 7 Habits Writings Community Involvement over 30 total hrs. All Accuplacer tests taken and passed/improved Accuplacer practice: Learning Express Budget Packet finished on time Subsidiary business hours out-of-school DECA/Student Forum meetings English tech paper deadlines met Workshops/conferences College applications submitted College acceptances received Co-op hours Competency packet completed Real Activities (list on back) Tech project hours finished First Aid and/or CPR certification Career Safe Online finished Berwyn activities packet $100 raised for DECA conference IRS Link 'n' Learn passed Money Skills modules passed Sports or band simulation jobs Project submitted w/Graphics/Video 39 My Points Comments