Number Principles of Business and Marketing
Implementing Virginia's CTE Course Requirements
001 Demonstrate Virginia's Workplace Readiness Skills in course activities.
002 Apply Virginia's All Aspects of Industry elements in course activities.
Identify Internet safety issues and procedures for complying with
003 acceptable use standards.
Participating in the Student Organization
004 Identify the purposes and goals of the student organization.
Explain the benefits and responsibilities of membership in the student
organization as a student and in professional/civic organizations as an
Demonstrate leadership skills through participation in student organization
006 activities, such as meetings, programs, and projects.
Understanding the Role of Economics in a Global Economy
007 Identify the differences between wants and needs.
008 Identify the three basic economic questions answered by any economy.
009 Distinguish among the factors of production.
010 Explain the relevance of scarcity to economics.
011 Describe the decision-making process.
012 Identify characteristics of free enterprise.
013 Explain the impact of supply and demand on a free enterprise system.
014 Compare the American economic system with other economic systems.
015 Explain the impact of emerging economies on the global market.
016 Identify measurements/indicators of economic activity.
017 Describe problems and benefits of world trade.
Exploring the Core Concepts of Business and Marketing
018 Compare major types of business ownership.
019 Identify the functions of management.
020 Compare the types of leadership styles.
021 Explain the marketing concept.
022 Describe the marketing functions and their importance.
023 Explain how market segmentation is used to identify a target market.
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Determine the social and environmental responsibilities of a business to
024 the community and of the community to a business.
025 Describe the elements of the marketing mix.
026 Describe the steps of the selling process.
Investigating Technological Trends in Business and Marketing
Explain the impacts of technology on employment, business operations,
027 and global activities.
028 Explain the impacts of electronic commerce on business and marketing.
Developing Communication and Interpersonal Skills
Describe communication media used in the business/marketing
030 Differentiate between professional and personal communication.
031 Identify ethical and unethical business practices.
032 Demonstrate listening and speaking skills important in the workplace.
033 Explain the importance of nonverbal communication in the workplace.
034 Describe the impact of cultural diversity on business communication.
035 Explain the importance of teamwork in the workplace.
Making Consumer Choices
036 Identify rights and responsibilities of consumers.
037 Identify major consumer protection agencies and their purposes.
038 Identify methods of resolving a variety of consumer complaints.
039 Identify the elements of a valid contract.
040 Explain the importance of product labeling.
041 Describe the impact of consumer motives on purchasing choices.
042 Determine the best buy among products and services.
043 Identify the major types of consumer taxation.
044 Complete personal income tax forms
045 Compute gross and net pay.
046 Identify savings and investment opportunities and their importance.
047 Identify the purposes and major types of insurance.
048 Identify basic banking services.
049 Maintain checking and saving accounts.
050 Manage a budget.
051 Identify the elements of creditworthiness.
052 Compare the types of consumer credit.
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053 Describe the advantages and disadvantages of consumer credit.
054 Explain the importance of credit reports.
Developing Employability Skills
055 Assess individual interests and aptitudes.
056 Explore careers in business and marketing.
057 Identify sources of employment information.
058 Prepare a resume.
059 Write a letter of application/cover letter.
060 Complete an employment application form.
061 Participate in a mock employment interview.
062 Design a portfolio, including resume format suitable for online posting.
063 Prepare an interview follow-up/thank-you letter.
064 Identify characteristics of successful workers.
065 Identify the steps to follow in applying for a promotion.
066 Identify the steps to follow in resigning from a position.
Locally Developed Tasks/Competencies
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