Common Planner
K–12 Standards

Management: Grades 10, 11, 12

Other Arkansas CTE sets

Business and Its Environment

  • 1.1

    Define terminology

    1. 1.

      Discuss vocabulary1.1.1

  • 1.2

    Identify the types of businesses

    1. 1.

      Explain classifications of business: retailer, wholesaler, manufacturing business, service business1.2.1

    2. 2.

      Define and discuss entrepreneurship1.2.2

  • 1.3

    Differentiate social, ethical, and environment issues facing business

    1. 1.

      Describe the impact of population growth/decline1.3.1

    2. 2.

      Explain social and/or environmental responsibilities1.3.2

  • 1.4

    Explain the economic environment of business

    1. 1.

      Define basic economic concepts1.4.1

    2. 2.

      Discuss economic systems1.4.2

Business Ownership and Law

  • 2.1

    Define terminology

    1. 1.

      Discuss vocabulary2.1.1

  • 2.2

    Analyze forms of business ownership

    1. 1.

      Compare advantages of proprietorships, partnerships, corporations2.2.1

    2. 2.

      Compare disadvantages of proprietorships, partnerships, corporations2.2.2

  • 2.3

    Explain the legal aspects of business

    1. 1.

      Discuss the government's role in protecting and promoting business2.3.1

    2. 2.

      Identify different types of taxes and the function of taxation in business2.3.2

  • 2.4

    Describe an effective business plan

    1. 1.

      Explain the purposes of a business plan and its importance2.4.1

    2. 2.

      List and understand the parts of a business plan2.4.2

    3. 3.

      Investigate resources for a business plan2.4.3

Information and Communication Systems

  • 3.1

    Define terminology

    1. 1.

      Discuss vocabulary3.1.1

  • 3.2

    Examine organizational communication

    1. 1.

      Describe the communication process and channels3.2.1

  • 3.3

    Discuss technology and information management

    1. 1.

      Discuss electronic technology fundamentals3.3.1

    2. 2.

      Examine common business uses of the Internet3.3.2

    3. 3.

      Describe the stages of e-commerce development3.3.3

Management Responsibilities

  • 4.1

    Define terminology

    1. 1.

      Discuss vocabulary4.1.1

  • 4.2

    Examine management functions and decision making

    1. 1.

      Define the four functions of management4.2.1

    2. 2.

      Differentiate between management and non-management employees4.2.2

    3. 3.

      Describe the five major job responsibilities of supervisors4.2.3

    4. 4.

      Identify how managers use information and research4.2.4

    5. 5.

      Identify the steps in an effective decision-making process4.2.5

  • 4.3

    Evaluate the manager as a leader

    1. 1.

      Define important characteristics of leaders4.3.1

    2. 2.

      Identify five important human relation skills needed by managers4.3.2

    3. 3.

      Compare different leadership styles and their effectiveness4.3.3

    4. 4.

      Know why rules are important and the importance of their enforcement4.3.4

  • 4.4

    Analyze planning and organization

    1. 1.

      Identify the value of planning for a business4.4.1

    2. 2.

      Name the two levels of planning: organizational planning and strategic planning4.4.2

    3. 3.

      Provide examples of planning tools used by managers4.4.3

    4. 4.

      Define traditional types and newer types of organization structure4.4.4

  • 4.5

    Discuss implementation and control

    1. 1.

      Identify major management tasks involved in implementing the work of an organization4.5.1

    2. 2.

      Explain the different theories of employee motivation4.5.2

    3. 3.

      Describe controlling processes4.5.3

    4. 4.

      Recognize control methods businesses use for inventory, credit, theft, and health and safety4.5.4

Financial Management

  • 5.1

    Define terminology

    1. 1.

      Discuss vocabulary5.1.1

  • 5.2

    Explain the importance of financial record keeping and analysis in a business

    1. 1.

      Discuss types of records and record keeping systems used in business5.2.1

    2. 2.

      Describe types of budgets and their uses5.2.2

    3. 3.

      Describe types of financial reports (balance sheet and income statement) and their uses5.2.3

  • 5.3

    Examine methods of financing

    1. 1.

      Describe methods of obtaining capital5.3.1

    2. 2.

      Explain the different types of stock5.3.2

    3. 3.

      List common sources of outside capital5.3.3

  • 5.4

    Discuss the services provided to business by financial institutions

    1. 1.

      Compare the types of financial institutions5.4.1

    2. 2.

      Describe common banking services5.4.2

    3. 3.

      Discuss investment instruments and decisions5.4.3

    4. 4.

      Examine the effects of governmental regulations on the financial industry5.4.4

  • 5.5

    Examine credit and insurance in business

    1. 1.

      Explain the establishment of credit operations in business5.5.1

    2. 2.

      Discuss different kinds of transaction cards: i.e., debit card, credit card, smart card5.5.2

    3. 3.

      Describe the four C's of credit: character, capacity, capital, and conditions5.5.3

    4. 4.

      Discuss the different types of insurance5.5.4

Production and Marketing Management

  • 6.1

    Define terminology

    1. 1.

      Discuss vocabulary6.1.1

  • 6.2

    Discuss product planning

    1. 1.

      Formulate steps in new product development6.2.1

    2. 2.

      Analyze product life cycle6.2.2

    3. 3.

      Examine manufacturing processes6.2.3

    4. 4.

      Describe considerations in location and production process organization6.2.4

    5. 5.

      Discuss ways to maintain product and service quality6.2.5

    6. 6.

      Compare/Contrast product/service methods of customer satisfaction6.2.6

  • 6.3

    Examine the nature and scope of marketing

    1. 1.

      Discuss marketing activities and the role of marketing in the economy6.3.1

    2. 2.

      Identify the elements of the marketing mix6.3.2

  • 6.4

    Discuss product development/distribution

    1. 1.

      Identify levels of product development and types of product selection6.4.1

    2. 2.

      Explain the importance of packaging and branding in relation to customer/sales satisfaction6.4.2

    3. 3.

      Discuss the channels of distribution, distribution transportation, and product handling6.4.3

  • 6.5

    Analyze product pricing and promotion

    1. 1.

      Discuss business/consumer buying decisions6.5.1

    2. 2.

      Examine pricing strategies and price control methods6.5.2

    3. 3.

      Discuss the need for product promotion and common promotional needs6.5.3

    4. 4.

      Identify advertising/promotion laws and regulations6.5.4

Human Resource Management

  • 7.1

    Define terminology

    1. 1.

      Discuss vocabulary7.1.1

  • 7.2

    Discuss human resources planning

    1. 1.

      Identify procedures for identifying and selecting personnel7.2.1

    2. 2.

      Discuss factors relating to employee promotion, transfer, and release7.2.2

    3. 3.

      Compare plans for employee compensation7.2.3

    4. 4.

      List common employee benefits7.2.4

  • 7.3

    Examine employee development and training

    1. 1.

      Explain the components of a career development program7.3.1

    2. 2.

      Discuss the importance of performance reviews and training to business and employees7.3.2

    3. 3.

      Identify steps in career planning7.3.3

    4. 4.

      Discuss non-traditional workspace: virtual office, home office, mobile office7.3.4

Global Business

  • 8.1

    Define terminology

    1. 1.

      Discuss vocabulary8.1.1

  • 8.2

    Discuss international business

    1. 1.

      Describe the importance of International trade and investment8.2.1

    2. 2.

      Explain theory and practice of International trade8.2.2

    3. 3.

      Identify International trade obstacles or restraints8.2.3

Frequently asked questions

What grade levels do these standards cover?
Grade 10, Grade 11, and Grade 12
When were these standards adopted?
2010
Where can I read the official document?
Management

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