• (1) The student implements components of productivity. The student is expected to:

  1. identify the work tasks;
  2. develop job descriptions;
  3. establish work flow;
  4. develop quality-control procedures;
  5. develop a financial plan, for example, estimate expenses, identify a break-even point, set a profit goal, and identify sources of capital;
  6. staff the business, for example, hire employees, train employees, and evaluates employees and managers; and
  7. operate a business, for example, produce a product or perform a service, implement a marketing strategy, and maintain business records.

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• (2) The student applies work ethics, job expectations, multicultural considerations, and communication skills in the workplace. The student is expected to:

  1. determine how personal integrity affects human relations on the job;
  2. demonstrate characteristics of successful working relationships, for example, teamwork, self control, and ability to accept criticism;
  3. analyze employer expectations;
  4. demonstrate a respect for the rights of others; and
  5. communicate effectively via oral, written, and electronic channels.

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• (3) The student surveys the options for the organization of a business and its operation. The student is expected to:

  1. analyze entrepreneurship, for example, identify the characteristics of entrepreneurs, explain the benefits and liabilities of starting a business, and select a type of business ownership;
  2. conduct a needs assessment, for example, identify the customer's needs and analyze the competitive environment;
  3. select a product or a service;
  4. conduct market research, for example, select a target market, determine price, select distribution methods, and develop a promotional campaign;
  5. select resources, mentors, and professional advisors, for example, accountant and attorney;
  6. establish methods to evaluate progress at checkpoints and creates a strategy to respond to changes; and
  7. evaluate the business and allocate profit of the business.

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