D2L Corporation
2015-06-23T19:35:43-04:00
2015-06-23T19:35:43-04:00
D2L Corporation
Entrepreneurship I
Entrepreneurship I is a one-semester course designed to offer an overview of the American business enterprise system. A study of various forms of ownership, internal organization, management functions, and financing as they relate to business.
2015-06-20
2009
1.
Unit
The World of Entrepreneurship
1.1
Knowledge Statement
Define terminology
1.1.1
Application
Prepare a list of terms with definitions
1.2
Knowledge Statement
Discuss the world of entrepreneurship
1.2.1
Application
Profile the personality traits of successful entrepreneurs
1.2.2
Application
Explore business opportunities
1.3
Knowledge Statement
List entrepreneurial skills
1.3.1
Application
Discuss and apply math skills
1.3.2
Application
Describe and utilize effective communication skills
1.3.3
Application
Apply problem-solving process
1.3.4
Application
Encourage involvement in student business organizations
1.4
Knowledge Statement
Compare economic structures
1.4.1
Application
Describe different economic systems
1.4.2
Application
Define the concept of supply and demand
1.4.3
Application
Explain the effects of market structure and price
1.5
Knowledge Statement
Describe the role of government in a market economy
1.5.1
Application
Explain the government's effect on what is produced
2.
Unit
Planning a Business
2.1
Knowledge Statement
Define terminology
2.1.1
Application
Prepare a list of terms with definitions
2.2
Knowledge Statement
Discuss business ownership
2.2.1
Application
Explain advantages and disadvantages of buying an existing business
2.2.2
Application
Explain advantages and disadvantages of owning a franchise
2.2.3
Application
Explain advantages and disadvantages of a sole proprietorship
2.2.4
Application
Explain advantages and disadvantages of a partnership
2.2.5
Application
Explain advantages of disadvantages of a corporation
2.2.6
Application
Evaluate the different types of ownership, and determine which is best for the occasion
2.3
Knowledge Statement
Describe the process for developing an effective business plan
2.3.1
Application
Explain the purposes of a business plan and its importance
2.3.2
Application
List and understand the parts of a business plan
2.3.3
Application
Research resources for your business plan
3.
Unit
Marketing the Business
3.1
Knowledge Statement
Define terminology
3.1.1
Application
Prepare a list of terms with definitions
3.2
Knowledge Statement
Discuss the need for market research (customer, community, and competition)
3.2.1
Application
List the steps of market research
3.2.2
Application
Determine market potential
3.2.3
Application
Identify competition
3.3
Knowledge Statement
Discuss the importance of location and facilities
3.3.1
Application
Explain the importance of choosing the proper location for a business (retail and non-retail)
3.3.2
Application
Evaluate all aspects of potential facilities (physical layout, equipment, supplies, inventory)
3.4
Knowledge Statement
Develop a marketing plan
3.4.1
Application
Define marketing mix
3.4.2
Application
Identify the different elements of the product mix
3.4.3
Application
Describe the channels of product distribution
3.4.4
Application
Describe product pricing methods
3.4.5
Application
Explain the forms of product promotion and selling
3.4.6
Application
Explain the importance of marketing goals
4.
Unit
Financial Management
4.1
Knowledge Statement
Define terminology
4.1.1
Application
Prepare a list of terms with definitions
4.2
Knowledge Statement
Explain procedures for financing a business
4.2.1
Application
Understand and prepare financial statements
4.2.2
Application
List sources of loans and other assistance
4.3
Knowledge Statement
Explain the concept of cost
4.3.1
Application
Identify various types of costs
4.3.2
Application
Discover how different types of costs effect the price entrepreneurs charge
4.4
Knowledge Statement
Explain records/inventory management
4.4.1
Application
Identify the types of business records
4.4.2
Application
Compare advantages/disadvantages of computerized record keeping
4.4.3
Application
Discuss the types of financial statements prepared by businesses
4.4.4
Application
Describe methods of tracking/managing inventory
4.5
Knowledge Statement
Discuss financial management
4.5.1
Application
Explain methods for managing cash flow
4.5.2
Application
Discuss analyzing financial statements to determine financial performance
5.
Unit
Human Resources Management
5.1
Knowledge Statement
Define terminology
5.1.1
Application
Prepare a list of terms with definitions
5.2
Knowledge Statement
Discuss hiring personnel
5.2.1
Application
Discuss the importance of a job description and an organizational structure
5.2.2
Application
List methods for recruiting employees
5.2.3
Application
Describe the steps in hiring employees
5.2.4
Application
Discuss employee compensation plans
5.3
Knowledge Statement
Discuss managing personnel
5.3.1
Application
Analyze methods for training, motivating, and evaluating employees