Louisiana Administrative Code › Title 28 - EDUCATION › Part CXLIII - Bulletin 128-Entrepreneurship Content Standards › Chapter 3 - Strands, Standards, Benchmarks, and Objective › Section CXLIII-303 - Strand Two: Essential Skills

Current through Register Vol. 50, No. 6, June 20, 2024
A.
				Focus. Essential skill sets are necessary for start-up and management of a
				successful business. This strand focuses on the student's ability to understand
				and effectively analyze various business concepts. In addition, it reinforces
				the importance of developing communication and interpersonal skills.
B. Standard 3. Students will understand and
				analyze effective business decision-making concepts.
Benchmark 3-A. Examine Entrepreneurial
							 Functions and Their Economic Impact
3-A-1
Research the role of business in society
3-A-2
Classify the types of business activities
Benchmark 3-B. Evaluate Management Concepts
3-B-1
Describe crucial elements of a quality
							 culture/continuous quality improvement
3-B-2
Describe the role of management in the achievement
							 of quality
3-B-3
Identify and compare the types of business ownership
3-B-4
Explain opportunities for creating added value
3-B-5
Determine issues and trends in business
3-B-6
Describe the need for and impact of ethical business
							 practices
C.
				Standard 4. Students will understand and demonstrate basic communication and
				interpersonal skills.
Benchmark 4-A. Apply the Components of
							 Effective Written and Oral Communication
4-A-1
Apply effective persuasive techniques
4-A-2
Deliver oral presentations
4-A-3
Demonstrate procedures for following informational
							 messages/ instructions
4-A-4
Demonstrates an understanding of ethics in
							 communication
Benchmark 4-B. Demonstrate the Elements
							 Essential to Interpersonal Communication
4-B-1
Explain stress management
4-B-2
Demonstrates procedures for conducting meetings
4-B-3
Demonstrate problem solving and conflict resolution
							 skills
4-B-4
Demonstrates ways to show empathy
4-B-5
Utilize negotiation skills
4-B-6
Demonstrate appropriate assertiveness
4-B-7
Demonstrate an understanding of customer relations
D.
				Standard 5. Students will comprehend basic technology concepts.
Benchmark
5-A.
							 Compare/Contrast Ways
Entrepreneurs Use Technology
5-A-1
Discuss the Internet as a business opportunity
5-A-2
Explain the nature of e-commerce
5-A-3
Discuss electronic training
E.
				Standard 6. Students will examine and apply basic financial concepts.
Benchmark 6-A. Examine Economic Indicators
6-A-1
Explain the concept of economic relations
6-A-2
Explain the principle of supply and demand and
							 opportunity cost
6-A-3
Analyze forms of economic utility
Benchmark 6-B. Analyze The Concepts of Labor
and Productivity
6-B-1
Explain the concept of organized labor and business
6-B-2
Explain economic indicators
6-B-3
Examine cost/profit relation
F.
				Standard 7. Students will use basic personal money management skills,
				procedures, and strategies.
Benchmark 7-A. Develop a Money Management
							 System
7-A-1
Determine ways to establish/enhance credit
							 worthiness
7-A-2
Explain forms of financial exchange
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  17:6(A)(10).