Common Planner
K–12 Standards

Corporate/General Management (2015): Grades 9, 10, 11, 12, Higher Education

Other Colorado CTE sets

Describe management's responsibility to know and abide by laws and regulations that affect business operations and transactions.MAGM.01

  • 01.

    Adhere to regulations for business expansion to meet government requirements and industry standards.MAGM.01.01

    1. a.

      Follow domestic laws governing business expansion.MAGM.01.01.a

    2. b.

      Follow laws governing global expansion.MAGM.01.01.b

  • 02.

    Describe how government/legal activities affect global trade.MAGM.01.02

    1. a.

      Describe customs regulations.MAGM.01.02.a

    2. b.

      Comply with export licensing regulations.MAGM.01.02.b

    3. c.

      Obtain releases and clearances to export products.MAGM.01.02.c

    4. d.

      Explain the nature of legal recourse in resolving global business disputes.MAGM.01.02.d

Communication Skills: Obtain and convey ideas and information to impact business decisions and report on organizational activities.MAGM.02

  • 01.

    Write internal and external analytical reports (i.e., reports that examine a problem/issue and recommend an action).MAGM.02.01

    1. a.

      Write analytical reports (i.e., reports that examine a problem/issue and recommend an action).MAGM.02.01.a

    2. b.

      Write research report.MAGM.02.01.b

Economics: Apply economic concepts fundamental to global business operations.MAGM.03

  • 01.

    Describe global trade's impact on business activities.MAGM.03.01

    1. a.

      Discuss the impact of globalization on business.MAGM.03.01.a

    2. b.

      Explain cultural considerations that impact global business relations.MAGM.03.01.b

    3. c.

      Describe the impact of electronic communication tools (e.g., Internet, video- and computer-conferencing, webcasts, email) on global business activities.MAGM.03.01.c

    4. d.

      Explain the impact of major trade alliances on business activities.MAGM.03.01.d

    5. e.

      Describe the impact of the political environment on world trade.MAGM.03.01.e

    6. f.

      Explain the impact of geography on world trade.MAGM.03.01.f

    7. g.

      Describe the impact of a country's history on world trade.MAGM.03.01.g

    8. h.

      Explain the impact of a country's economic development on world trade.MAGM.03.01.h

    9. i.

      Discuss the potential impact of emerging economies on business activities.MAGM.03.01.i

Emotional Intelligence: Employ and manage techniques, strategies, and systems used by management to foster self-understanding and enhance business relationships.MAGM.04

  • 01.

    Demonstrate managerial ethics.MAGM.04.01

    1. a.

      Use ethics in staff supervision.MAGM.04.01.a

    2. b.

      Explain the nature of managerial ethics.MAGM.04.01.b

  • 02.

    Manage internal and external inter-cultural business relationships.MAGM.04.02

    1. a.

      Explain the impact of business customs and practices on global trade.MAGM.04.02.a

    2. b.

      Describe the nature of business customs and practices in the North American market.MAGM.04.02.b

    3. c.

      Explain the nature of business customs and practices in Europe.MAGM.04.02.c

    4. d.

      Explain the nature of business customs and practices in Latin America.MAGM.04.02.d

    5. e.

      Describe the nature of business customs and practices in the Pacific Rim.MAGM.04.02.e

    6. f.

      Discuss the nature of business customs and practices in the Middle East.MAGM.04.02.f

Financial Analysis: Maintain, monitor, plan, and control the use of financial resources to protect a business's fiscal well-being.MAGM.05

  • 01.

    Manage business risks to protect a business's financial well-being.MAGM.05.01

    1. a.

      Identify a business's risks.MAGM.05.01.a

    2. b.

      Assess business risks.MAGM.05.01.b

    3. c.

      Assess task risks.MAGM.05.01.c

    4. d.

      Assess accounting risks.MAGM.05.01.d

    5. e.

      Assess legal risks.MAGM.05.01.e

    6. f.

      Evaluate speculative business risks.MAGM.05.01.f

    7. g.

      Assess business's potential to expand into new markets.MAGM.05.01.g

    8. h.

      Select risk-management strategies.MAGM.05.01.h

    9. i.

      Develop risk-management plan.MAGM.05.01.i

    10. j.

      Evaluate risk-management plan.MAGM.05.01.j

  • 02.

    Manage financial resources to ensure solvency.MAGM.05.02

    1. a.

      Interpret cash-flow solvency.MAGM.05.02.a

    2. b.

      Monitor business's profitability.MAGM.05.02.b

Operations: Plan, monitor, and control day-to-day business functions to ensure continued business operations.MAGM.06

  • 01.

    Manage purchasing activities to obtain the best service/product at the least cost.MAGM.06.01

    1. a.

      Maintain vendor/supplier relationships.MAGM.06.01.a

    2. b.

      Negotiate terms with vendors.MAGM.06.01.b

    3. c.

      Establish bid specifications.MAGM.06.01.c

  • 02.

    Manage quality-control processes to minimize errors and to expedite workflow.MAGM.06.02

    1. a.

      Explain the nature of quality management.MAGM.06.02.a

    2. b.

      Discuss the need for continuous improvement of the quality process.MAGM.06.02.b

    3. c.

      Develop continuous-improvement strategies.MAGM.06.02.c

    4. d.

      Develop a plan/program for quality achievement.MAGM.06.02.d

Strategic Management: Plan, organize, and control an organization/department to optimize overall business success.MAGM.07

  • 01.

    Explain management's role in contributing to successful business operations.MAGM.07.01

    1. a.

      Describe factors that influence management.MAGM.07.01.a

    2. b.

      Discuss the nature of global management.MAGM.07.01.b

    3. c.

      Explain management theories and their applications.MAGM.07.01.c

  • 02.

    Plan organization's/department's activities to guide and support decisions and to ensure that staff focus on priorities.MAGM.07.02

    1. a.

      Describe the strategic planning process within an organization.MAGM.07.02.a

    2. b.

      Develop strategies for achieving company vision.MAGM.07.02.b

    3. c.

      Determine alternative actions to take when goals are not being met.MAGM.07.02.c

  • 03.

    Develop business plans to meet company needs.MAGM.07.03

    1. a.

      Develop company vision.MAGM.07.03.a

    2. b.

      Determine business's overall global strategy.MAGM.07.03.b

    3. c.

      Develop company's management plan.MAGM.07.03.c

  • 04.

    Plan for future company growth to guide company operations.MAGM.07.04

    1. a.

      Evaluate opportunities for potential company changes.MAGM.07.04.a

    2. b.

      Develop processes that can be used to improve business results.MAGM.07.04.b

    3. c.

      Analyze exit plan options.MAGM.07.04.c

  • 05.

    Determine benchmarks to use in evaluating company performance.MAGM.07.05

    1. a.

      Identify and set benchmarks for key performance indicators.MAGM.07.05.a

  • 06.

    Design organizational structure to facilitate business activities.MAGM.07.06

    1. a.

      Describe organizational structures for managing foreign business activities.MAGM.07.06.a

    2. b.

      Develop an organizational plan for human resources.MAGM.07.06.b

    3. c.

      Develop an organizational strategy for foreign businesses.MAGM.07.06.c

  • 07.

    Determine staffing needs to minimize costs while maximizing business contribution.MAGM.07.07

    1. a.

      Describe the nature of human-resources planning.MAGM.07.07.a

    2. b.

      Explain approaches to the identification of human resources in foreign markets.MAGM.07.07.b

    3. c.

      Determine causes of staff turnover.MAGM.07.07.c

  • 08.

    Control organization's/department's activities to monitor business activities and to make business decisions.MAGM.07.08

    1. a.

      Discuss the importance of the coordinating/controlling role in the business environment.MAGM.07.08.a

    2. b.

      Evaluate individual department's contribution to organizational effectiveness.MAGM.07.08.b

    3. c.

      Apply benchmarking techniques.MAGM.07.08.c

    4. d.

      Interpret internal information for strategic planning (e.g., financial/accounting, marketing, operations, human resources. information technology, and individual employee data).MAGM.07.08.d

    5. e.

      Assess company's strategic-planning processes.MAGM.07.08.e

  • 09.

    Compare company performance with established benchmarks to determine company success.MAGM.07.09

    1. a.

      (no outcomes listed)MAGM.07.09.a

    2. b.

      (no outcomes listed)MAGM.07.09.b

  • 10.

    Adjust growth projections impacting facilities and equipment to foster profitable operations.MAGM.07.10

  • 11.

    Apply performance standards to evaluate employees.MAGM.07.11

    1. a.

      Identify and communicate performance standards.MAGM.07.11.a

    2. b.

      Identify and communicate policies and procedures for reviewing performance.MAGM.07.11.b

    3. c.

      Track performance indicators and develop performance reports.MAGM.07.11.c

  • 12.

    Develop timely responses to employee performance evaluations.MAGM.07.12

    1. a.

      Provide feedback response on employee's performance.MAGM.07.12.a

    2. b.

      Implement performance improvement plans.MAGM.07.12.b

    3. c.

      Amend employee work plans to account for performance evaluation results.MAGM.07.12.c

    4. d.

      Provide strategies for rewarding employee performance.MAGM.07.12.d

Frequently asked questions

What grade levels do these standards cover?
Grade 9, Grade 10, Grade 11, Grade 12, and HIGHEREDUCATION
When were these standards adopted?
2015
Where can I read the official document?
Corporate/General Management

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