Common Planner
K–12 Standards

Principles of Business Managment (2016)

Other Indiana CTE sets

Management Theory

  • 1

    Students apply concepts of management theory to increase organizational performance.

    1. 1

      Explore the evolution of management theory PBM-1.1

    2. 2

      Investigate roles, functions and strategies of management in different business situationsPBM-1.2

    3. 3

      Assess leadership traits required for day-to-day operations of business in changing marketsPBM-1.3

    4. 4

      Analyze a strategic plan to meet the needs of business operationsPBM-1.4

    5. 5

      Assess role of government regulation in businessPBM-1.5

    6. 6

      Define and identify the functions of management and their role in business PBM-1.6

    7. 7

      Differentiate between the legal forms of business ownership and organizational structuresPBM-1.7

    8. 8

      Describe the marketing mix/marketing conceptPBM-1.8

    9. 9

      Explain the impact of international trade on American businessPBM-1.9

    10. 10

      Describe the characteristics of the franchising Industry PBM-1.10

    11. 11

      Evaluate classical, behavioral, and quantitative management theory, as well as identify and describe contemporary management perspectives PBM-1.11

    12. 12

      Distinguish between the external, task, and internal environments of organizationsPBM-1.12

    13. 13

      Define international business and recognize different international management strategiesPBM-1.13

Human Resource Management

  • 2

    Students apply and adapt a staffing process to maintain a working environment.

    1. 1

      Identify cycle of recruitment, hiring, evaluation, training, and dismissal of employeesPBM-2.1

    2. 2

      Appraise the benefits of life-long learningPBM-2.2

    3. 3

      List and describe the human resource functions in business PBM-2.3

    4. 4

      Discuss communication and its effect on the business environment PBM-2.4

    5. 5

      Explore career opportunities in businessPBM-2.5

    6. 6

      Discuss the nature of work specialization, departmentalization, and the span of managementPBM-2.6

    7. 7

      Discuss various forms of schedulingPBM-2.7

    8. 8

      Assess the nature of motivation and describe motivational techniques and programs PBM-2.8

    9. 9

      Identify and describe contemporary perspectives on leadership and discuss political behavior and politics PBM-2.9

    10. 10

      Recognize and understand cultural and individual differences  PBM-2.10

Financial Analysis

  • 3

    Students apply concepts of controlling a business’s finances to make operational decisions.

    1. 1

      Construct and interrupt financial documentsPBM-3.1

    2. 2

      Formulate the price of goods at break-even profit levelPBM-3.2

    3. 3

      Apply concepts of financial analysisPBM-3.3

    4. 4

      Evaluate inventory to meet customer needsPBM-3.4

    5. 5

      Examine the principles of short- and long-range financial planningPBM-3.5

    6. 6

      Explain the importance of purchasing and productions and their impact on the success of an organization. PBM-3.6

    7. 7

      Identify and describe the major purposes for and types of forecasting techniques PBM-3.7

Problem Solving 

  • 4

    Students design strategic plans to provide guide for business decisions.

    1. 1

      Develop a vision, mission statement, and goals for strategic plans within a businessPBM-4.1

    2. 2

      Explore opportunities for business development based on trends in the global marketplacePBM-4.2

    3. 3

      Apply the decision-making process to a business situationPBM-4.3

    4. 4

      Outline specific ways in which a company can help its communityPBM-4.4

    5. 5

      Explain the importance of computer knowledge on the success of the organizationPBM-4.5

    6. 6

      Describe the roles of goals and goal setting in the planning process and identify barriers that may interfere with goal settingPBM-4.6

    7. 7

      Explain the strategic planning process and the process of strategy implementationPBM-4.7

    8. 8

      List, describe, and apply the steps in the decision making processPBM-4.8

    9. 9

      Discuss how organizational activities are coordinated and describe the management of organizational conflict PBM-4.9

Ethics

  • 5

    Students analyze the role of ethics to operate a business in a socially responsible manner.

    1. 1

      Examine a business code of ethics to prevent unethical behaviorPBM-5.1

    2. 2

      Illustrate the impact of ethical practices on business performance PBM-5.2

    3. 3

      Identify the social, legal, and economic challenges of the business environment PBM-5.3

    4. 4

      Discuss social responsibility, the meaning of ethics in the business setting, and the social audit PBM-5.4

Frequently asked questions

What grade levels do these standards cover?
Grade 11 and Grade 12
Where can I read the official document?
PRINCIPLES OF BUSINESS MANAGEMENT

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