Introduction To Business

1.  I can define business and discuss the role of business in the economy

2.  I can describe the different types of business activities

3.  I can describe the types of business models

4.  I can explain the evolution of modern business

5.  I can discuss the role of nonprofit organizations in the economy

6.  I can outline the core factors of production and how they affect the economy

7.  I can describe today’s business environment and discuss each key dimension

8.  I can describe the circular flow model

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Unit 2 - Economic Foundations

1.  I can explain what is economics

2.  I can distinguish between economic goods and services

3.  I can explain what are needs and wants  

4.  I can explain economic utilities created by business activities

5.  I can explain the law of diminishing marginal utility.   

6.  I can explain supply and demand  

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Unit 3 - Making It Happen With Marketing

1.  I can explain what marketing is

2.  I can explain how to define a target market

3.  I can explain what marketing information management is

4.  I can explain what the marketing mix is

5,  I can explain what merchandising

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Unit 4 - Managing Your Business

1.  I can explain what is management

2.  I can explain the functions of management

3.  I can explain the importance of staffing / HR

4.  I can explain how businesses manage risk

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Unit 5 - Fun With Finance

1.  I can explain what is finance

2.  I can explain purchasing and inventory control

3.  I can explain the business planning process

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