Common Planner
K–12 Standards

Entrepreneurship II: Grades 10, 11, 12

Other Arkansas CTE sets

Risk Management

  • 1.1

    Define terminology

    1. 1.

      Prepare a list of terms with definitions1.1.1

  • 1.2

    Identify concepts associated with business risks

    1. 1.

      Identify types of business risks1.2.1

    2. 2.

      Determine risks that are insurable and uninsurable1.2.2

  • 1.3

    Identify concepts associated with protecting your business

    1. 1.

      Discuss the different types of business insurance1.3.1

Use of Technology in Business

  • 2.1

    Define terminology

    1. 1.

      Prepare a list of terms with definitions2.1.1

  • 2.2

    Utilize technology in business

    1. 1.

      Determine the different types of computer hardware entrepreneurs use2.2.1

    2. 2.

      Choose the computer software needed to run a business2.2.2

    3. 3.

      Consider other types of technology for business2.2.3

  • 2.3

    Learn about the Internet

    1. 1.

      Access the Internet to research components of business2.3.1

    2. 2.

      Use e-commerce to promote business2.3.2

  • 2.4

    Research the purchase of technology

    1. 1.

      Determine technology needs for business2.4.1

    2. 2.

      Compare prices and sources of technology2.4.2

Legal, Ethical, and Social Obligations of Business

  • 3.1

    Define terminology

    1. 1.

      Prepare a list of terms with definitions3.1.1

  • 3.2

    Discuss legal requirements

    1. 1.

      Recognize how laws promote competition3.2.1

    2. 2.

      Identify regulations that protect business and the public3.2.2

    3. 3.

      Identify laws that protect employee rights3.2.3

  • 3.3

    Recognize ethical issues

    1. 1.

      Define ethics3.3.1

    2. 2.

      Recognize the need to establish ethics in the workplace3.3.2

  • 3.4

    Examine social responsibilities

    1. 1.

      Identify the responsibility a business has to others3.4.1

    2. 2.

      Identify how a business responds to change in the workplace3.4.2

    3. 3.

      Identify ways a business can respect the environment3.4.3

    4. 4.

      Encourage involvement in student business organizations3.4.4

International Business

  • 4.1

    Define terminology

    1. 1.

      Prepare a list of terms with definitions4.1.1

  • 4.2

    Discuss growth strategy

    1. 1.

      Determine when and how to expand a business4.2.1

    2. 2.

      Select a growth strategy4.2.2

    3. 3.

      Examine product life cycle4.2.3

  • 4.3

    Investigate international trends and opportunities

    1. 1.

      Identify the different ways a business can import and export4.3.1

    2. 2.

      Identify the pros and cons of international competition4.3.2

    3. 3.

      Evaluate trade regulations that will affect business4.3.3

  • 4.4

    Analyze cultural and business connections

    1. 1.

      Identify and respect different cultures4.4.1

    2. 2.

      Determine why knowledge of different cultures is important4.4.2

Saving and Investing

  • 5.1

    Define terminology

    1. 1.

      Prepare a list of terms with definitions5.1.1

  • 5.2

    Discuss benefits of savings

    1. 1.

      Describe the benefits of savings5.2.1

    2. 2.

      Identify savings strategies5.2.2

    3. 3.

      Compare and contrast savings institutions/options5.2.3

    4. 4.

      Calculate simple and compound interest5.2.4

  • 5.3

    Explore investment basics

    1. 1.

      Explain the relationship between risk and return5.3.1

    2. 2.

      Discuss how to evaluate and limit risk when making investment decisions5.3.2

  • 5.4

    Discover investment options

    1. 1.

      Describe types of stock5.4.1

    2. 2.

      Explain the difference between stocks, bonds, and mutual funds5.4.2

    3. 3.

      Identify sources of investments5.4.3

Personal and Business Taxes

  • 6.1

    Define terminology

    1. 1.

      Prepare a list of terms with definitions6.1.1

  • 6.2

    Identify payroll taxes

    1. 1.

      Describe payroll taxes and withholding6.2.1

    2. 2.

      Analyze a paycheck stub and a form W-46.2.2

  • 6.3

    Discuss income taxes

    1. 1.

      Identify information needed to complete an income tax return6.3.1

    2. 2.

      Calculate income tax6.3.2

  • 6.4

    Examine the relationship between taxes and government

    1. 1.

      Describe funding for state, local, and federal government6.4.1

    2. 2.

      Discuss government spending6.4.2

Frequently asked questions

What grade levels do these standards cover?
Grade 10, Grade 11, and Grade 12
When were these standards adopted?
2009
Where can I read the official document?
Entrepreneurship II

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