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Evaluate accounting records to determine the financial status of a business.

Complete balance sheets and income statements using accounting procedures.

Explain how a business’s operating expenses affect its profit.

Compare and contrast various methods of making and receiving payments and the impact of each on a business’s profit.

Business Environment

Conduct research to gather statistical data from peers within the school environment on a topic of concern and display results in bar, line, and circle graphs using spreadsheet software.

Create and adjust bar, line, and circle graphs to highlight specific features of a dataset.

Describe factors that affect the business environment.

Identify external factors that may affect business environments.

Discuss how businesses react to factors affecting their environment in both the long and short term.

Explain how unethical business practices affect current and future employees.

Obtain, evaluate, and share information about the global business environment.

Discuss the impact of globalization on businesses.

Explain factors driving the existence of a global business environment.

Analyze financial markets and explain their importance in business.

Explain the basic functions of financial markets.

Differentiate between finance and insurance institutions.

Explain the role of government agencies and government-sponsored enterprises in regulating financial markets.

Compare technologies used to perform job functions in the financial industry.

Research, evaluate, and communicate methods of managing staff growth and development to increase productivity and employee satisfaction and retention.

Business Plan

Develop and present a comprehensive business plan that could be presented to stakeholders.

Identify types of operating costs.

Distinguish between fixed and variable costs of operating a business.

Research and share information on the cost of starting a home-based manufacturing business, including raw materials, labor, permits, overhead, and operating expenses.

Calculate personnel costs of doing business.

Calculate costs of various shipping methods for receiving inventory and delivering goods to customers.

Marketing

Analyze marketing strategies utilized by financial institutions to determine their impact on current and potential customers.

Career Opportunities

Identify industry-recognized credentials that may be earned in the finance industry for career opportunity and job growth.

Identify methods used by companies to screen prospective employees for job consideration in finance.

Career Pathway Project in Finance

Foundational Standards

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.