Standards - Career & Technical Education

Incorporate safety procedures in handling, operating, and maintaining tools and machinery; handling materials; utilizing personal protective equipment; maintaining a safe work area; and handling hazardous materials and forces.

Demonstrate effective workplace and employability skills, including communication, awareness of diversity, positive work ethic, problem-solving, time management, and teamwork.

Explore the range of careers available in the field and investigate their educational requirements, and demonstrate job-seeking skills including resume-writing and interviewing.

Advocate and practice safe, legal, responsible, and ethical use of information and technology tools specific to the industry pathway.

Participate in a Career and Technical Student Organization (CTSO) to increase knowledge and skills and to enhance leadership and teamwork.

Discuss and demonstrate ways to value diversity.

Describe different types of business organization.

Compare the features of sole proprietorship, partnership, and corporation.

List and explain the advantages and disadvantages of forming a corporation.

Investigate and share reasons for corporate acquisitions and mergers, giving examples of actual events.

Summarize how economic stability impacts growth of the economy.

Explain the concept of economic growth, including how it fits into the business cycle and why it is considered desirable.

Explain the four stages of the business cycle, citing examples for each stage from United States and world history.

Compare and contrast major features of a variety of economic systems.

Describe major economic philosophies, utilizing the terms profit, market, and market system .

Explain concepts associated with trade among nations.

Describe the four basic levels of international business activities: domestic, international, multinational and global.

Explain how supply and demand impact decisions in business.

Explain how the profit motive drives decisions in a capitalist economic system.

Describe the methods and sources available to corporations for raising capital.

Identify and share reasons for corporate efforts to raise capital.

Explain the role of securities in capital markets.

Explain the financial interdependence of nations.

Describe the effects of rising and falling exchange rates on the U.S. dollar.

Explain how businesses reduce the risk of exchange rate losses.

Describe the advantages and disadvantages of importing and exporting goods and explain the effect such trade has on the United States economy.

Discuss how outsourcing affects the supply of goods and services in the American economy.

Research and discuss the impact of trade barriers, including tariffs, on domestic and global markets.

Use various sources of information to gather data about specific investments, including stocks, bonds, mutual funds, and futures.

Identify and interpret financial data components found in various media sources.

Explain the importance of the interpretation of financial data and its impact on possible future investments.

Outline the growth and role of the banking system in America from its early years to the present.

Identify the major federal banking laws and their role in the financial services industry.

Identify emerging financial products and services offered by a variety of financial institutions.

Describe banking services provided in the American financial system.