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Business Education


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Accounting
1.Understands and applies basic procedures in the accounting cycle
2.Understands and applies payroll theories and procedures
3.Interprets and creates basic financial statements
4.Understands and uses accounting software and spreadsheets
5.Understands the concepts of assets, liabilities, and owner’s equity
Business Law
6.Understands how the legal system affects business
7.Knows the characteristics of the major types of business organizations
8.Understands the nature of contract law, law of sales, and consumer law
9.Understands the nature of agency law and employment law
10.Understands the nature of environmental law and energy regulation
11.Understands the legal implications of electronic communications and information systems on business
Business Mathematics
12. Uses common international standards of measurement to solve business problems
13.Analyzes and interprets data using common statistical procedures, charts, and graphs
14.Uses basic mathematical operations to solve business problems
Entrepreneurship
15.Knows unique characteristics of an entrepreneur
16.Knows characteristics and features of viable business opportunities
17.Understands that cultural difference, export/import opportunities, and current trends in a global marketplace can affect an entrepreneurial venture
18.Understands how ethics, government, and different forms of business ownership affect the entrepreneurial venture
19.Understands the characteristics and components of a business plan
20.Understands the financing necessary to start a business
Information Systems Management
21.Knows the characteristics and uses of computer hardware
22.Knows the characteristics and uses of industry- and subject-specific computer software programs
23.Knows the characteristics and uses of operating systems, environments, and utilities
24.Knows characteristics and uses of communications and networking systems
25.Understands the selection and acquisition of information systems
26.Knows appropriate procedures and development tools used to analyze and design information systems
27.Understands different types and levels of programming languages
28.Understands plans and procedures for maintaining the security of information systems
29.Establishes and uses a personal code of ethics for information systems uses and management
30.Understands the impact of information systems and technology on business and society
International Business
31.Understands significant aspects of international business and trade and the opportunities they creates at the local, state, national, and international level
32.Understands the social, cultural, political, legal, and economic factors and issues that shape and impact the international business environment
Legal and Ethical Responsibilities
33.Understands the obligations of businesses to the government and the community
34.Understands the role of ethics in the business world
35.Understands ethical concepts, including integrity and confidentiality, as related to the business environment
Management
36.Understands the functions of management and how they are implemented
37.Understands the role of quality and continuous improvement in business organizations
38.Understands a variety of strategies used to make long-term and short-term management decisions
39.Understands various organizational structures and the advantages and disadvantages of each
40.Understands general managerial skills and strategies
41.Understands human resource management issues and how they affect the success of the organization
42.Understands operations management principles and procedures
Marketing
43.Understands the roles of marketing and the impact of marketing on the individual, business, and society
44.Understands how external factors and competition influence or dictate marketing decisions
45.Understands characteristics and processes of marketing research
46.Understands characteristics of a market and strategies used to deal with a diversified marketplace
47.Understands components and strategies of effective marketing plans (e.g., product development, pricing, distribution processes and methods, forms of promotion)
48.Understands the selling process and forecasting principles and methods used to determine sales potential for specific products