A Correlation and Narrative Brief of Entrepreneurship Owning Your Future To the for Entrepreneurship
TEXTBOOK NARRATIVE FOR THE STATE OF TENNESSEE, 11/e Student Edition (ISBN: 9780135128442) Overview Provides a comprehensive guide to developing a business plan, with a strong financial focus. Features Focuses on critical basic business skills such as business communications, negotiating, business ethics, social responsibility, time management, and goal setting. The comprehensive Teacher's Wraparound Edition contains point-of-use teaching tips, lesson plans, and guidelines for differentiated instruction. ExamView Test Bank provides 2,000 test items available in multiple test formats. Student Workbook includes three increasingly difficult business plans, plus exercises and quizzes corresponding with the text material. Table of Contents Brief Contents Unit 1 What Business Do You Want to Start? Unit 2 Who Are Your Customers? Unit 3 Show Me the Money! Finding, Securing and Managing It. Unit 3 Business Plan Break Down Unit 4 Operating a Small Business Effectively Unit 5 What You Need to Know to Grow and Go Program Components Teacher's Wraparound Edition Teacher's Resource CD with TestGen Student Activity Workbook 2
Entrepreneurship The course will include enhanced marketing information as it relates to entrepreneurial activities. Subject matter will include introductory entrepreneurial concepts, business plan development, management responsibilities, and legal and ethical issues of business ownership. STANDARD 1.0 The student will analyze entrepreneurial trends and opportunities. 1.1 Analyze sources for entrepreneurial opportunities. SE/TE: 11, 41, 54, 55, 67, 69, 120, 148-150, 152, 155-157, 157-160, 162, 163, 553 1.2 Examine current trends that provide both domestic and global opportunities for entrepreneurs (Social Studies). SE/TE: 11-12, 23, 24, 40, 41, 54-55, 67, 69, 120, 126, 148, 181, 324, 516, 553 1.3 Compare and contrast starting a new business versus buying an existing business. SE/TE: 147-149, 153-154, 157-160, 162, 164, 179-182, 182-185, 186, 577-578, 580-582, 600, 601 1.4 Investigate advantages and disadvantages of various forms of ownership (Social Studies). SE/TE: 7-9, 101, 154-155, 157-160, 162, 163, 577-578, 580-582, 600 STANDARD 2.0 The student will demonstrate an understanding of economic concepts in a global economy. 2.1 Differentiate between the types of economic systems including the interrelationship of business, government and individuals (Social Studies). SE/TE: 27-34, 39-40, 46, 47, 613 2.2 Assess economic concepts globally. SE/TE: 28-30, 39-42, 44, 47, 120-121, 615 2.3 Analyze the circular flow of economics. SE/TE: 29-33 Opportunities to address this standard may be found on pages: SE/TE: 39, 40, 48 2.4 Examine economic indicators and business cycles. Opportunities to address this standard may be found on pages: SE/TE: 29-31 3
2.5 Demonstrate a knowledge of international trade. SE/TE: 41-43, 44, 48, 93-96, 98, 100, 435, 442, 615, 622, 603 2.6 Evaluate the relationship of cost/profit to supply and demand. SE/TE: 30-33, 34-35 2.7 Evaluate the effects of monetary and fiscal policies on economic decisions (Math). SE/TE: 41-42, 46, 47, 615 2.8 Apply the relationship of values/beliefs to economic goals. SE/TE: 105-114, 115-125, 128, 129, 475, 476-477, 479, 484 STANDARD 3.0 The student will analyze the components of a business plan. 3.1 Analyze various sources of information for a business plan. SE/TE: 142, 144-145, 157-160, 163, 167-170, 171-175, 176, 179-186, 188, 189, 192-193 3.2 Reviews and critiques business plans for effectiveness. SE/TE: 139, 140, 141-142, 143, 144-145, 194-207 3.3 Identify sources of start-up capital. SE/TE: 142, 146, 347, 348-349, 352-353, 354, 355-363, 364, 366, 367, 368, 437 STANDARD 4.0 The student will formulate a marketing plan. 4.1 Evaluates the components of a marketing plan. SE/TE: 211-212, 213, 214-216, 217-218, 219-222 4.2 Identify and analyze a target market. SE/TE: 169-175, 176, 183, 185, 188, 189, 256, 485, 509 4.3 Analyze the competition for a proposed business. SE/TE: 33-34, 101, 168, 177-178, 179-180, 181-182, 187, 254-255 4
STANDARD 5.0 The student will select a site and design a layout for a business. 5.1 Analyze the factors considered in the selection of a business location. SE/TE: 462, 466-467, 478-479, 480, 483, 511-512, 520, 529, 530, 568, 572 5.2 Analyze the components used to design a physical layout for a business. SE/TE: 512, 520 5.3 Research local, state, and federal environmental regulations. SE/TE: 119-120, 121, 122-123, 479 STANDARD 6.0 The student will evaluate the purchasing process. 6.1 Determine the types of equipment and supplies needed to open and operate a business. SE/TE: 533-539, 540, 550, 551, 552 6.2 Analyze the inventory needed to open and operate a business. SE/TE:541-547, 548, 550, 551, 552 STANDARD 7.0 The student will evaluate the management function. 7.1 Examine the functions of management. SE/TE: 407-410, 491-497, 498, 499, 504, 506, 507, 513-520, 521-525, 526, 528, 529, 533-539 7.2 Evaluate management styles of entrepreneurs. SE/TE: 423, 494-495, 498, 507, 508, 567, 573 7.3 Utilize computer s operating system to manage and perform work responsibilities. SE/TE: 384-385, 386-389, 390; See also: 396-397, 408-410, 492-493, 539 7.4 Evaluate safety training plans from various industries. SE/TE: 416-419, 451-452, 473, 476 5
STANDARD 8.0 The student will evaluate plans for financial management of a business. 8.1 Examine types of records and procedures necessary for daily operations. SE/TE: 289-290, 292-295, 299-300, 303, 304-306, 316, 317, 371-375, 376-383, 384-387, 400, 401 8.2 Identify and assess financial management tools used to determine profitability. SE/TE: 275-282, 284, 285, 289-290, 292-295, 299-303, 304-313, 316, 317, 321-331, 332, 333-336, 338, 339, 340, 371-375, 376-383, 384-390, 391-396, 397, 400, 401, 402, 403 8.3 Categorize costs of operation. SE/TE: 269-273, 274, 284, 285, 348-349 8.4 Demonstrates knowledge of data based applications and spreadsheet applications. SE/TE: 49, 384-385, 386-388, 389-390, 391-393, 394-395, 396-397 STANDARD 9.0 The student will examine the legal and ethical issues relevant to business ownership. 9.1 Analyze legal requirements necessary for business ownership. SE/TE: 116, 117, 439-440, 477-478, 480, 578-580, 583-584, 586, 602 9.2 Examine the importance of ethical business decisions. SE/TE: 24, 48, 93, 105-110, 111-114, 115-126, 128, 129, 130, 190, 236, 240, 262, 286, 318, 340, 368, 402, 431, 448, 456, 484, 524, 530, 552 9.3 Demonstrates knowledge of legal issues associated with information management. SE/TE: 433, 434-438, 439, 451 STANDARD 10.0 The student will identify and evaluate technology used by entrepreneurs. 10.1 Categorize the technology available to entrepreneurs. SE/TE: 25, 49, 69, 82, 101, 131, 165, 191, 237, 258, 287, 319, 324, 341, 369, 381-382, 396-397, 402, 403, 431, 451, 457, 466, 479, 485, 509, 515-516, 553, 574, 603 6
10.2 Identify types of data available entrepreneur through technology. SE/TE: 40, 49, 155, 171-172, 174-175, 176, 179, 188, 189, 215, 218, 225, 258, 242, 243, 324, 479, 509, 545, 563 10.3 Examines the effect of technology as it relates to customer service. SE/TE: 226, 243, 254, 451, 526, 531 STANDARD 11.0 The student will develop a business plan. 11.1 Create a business plan. SE/TE: T14-T15, 3, 73, 137, 139-145, 146, 162, 163, 209, 267, 345, 489, 557, 608, 614 11.2 Write an executive summary. SE/TE: 75-76, 142, 146 11.3 Prepare a presentation for the business plan. Opportunities to address this standard may be found on pages: SE/TE: 75-76, 81-82, 86, 140, 163, 262, 318 STANDARD 12.0 The student will demonstrate organizational and leadership skills. 12.1 Demonstrate a knowledge of DECA. Opportunities to address this standard may be found on page: SE/TE: 259 12.2 Utilize critical thinking in decisionmaking situations. SE/TE: 132-133, 139, 214, 272, 309, 412, 413-414, 423-426, 430, 468, 504, 563, 570 12.3 Identify and develop personal characteristics needed in leadership situations. SE/TE: 15-18, 20, 22, 24, 107-111, 240-241, 420, 422, 491, 493-495, 496-497, 498, 506, 507, 508 STANDARD 13.0 The student will understand the importance of academic integration in the area of entrepreneurship. Language and Fine Arts 13.1 Utilize proper grammar and writing skills through business interactions. SE/TE: 75-81, 86, 98, 99, 100, 130, 241, 286, 411, 430, 456 7
13.2 Utilize effective verbal communication skills. SE/TE: 24, 48, 68, 75-76, 81-84, 86, 92, 98, 99, 130, 134-135, 140, 146, 163, 164, 239, 240, 241, 243, 244, 248, 251, 262, 286, 318, 340, 368, 402, 456, 484, 508, 552, 574, 602 13.3 Utilize the principles of art in preparing visual presentations. SE/TE: 24, 58-59, 100, 190, 236, 530, 566, 581 Mathematics 13.4 Utilize math formulas in business calculations. SE/TE: 24, 48, 68, 100, 130, 164, 176, 190, 221, 236, 262, 274, 279, 282, 286, 294-295, 303, 318, 340, 364, 368, 383, 393, 430, 456, 484, 508, 530, 552, 574, 602 13.5 Assess how mathematical/accounting principles are utilized in entrepreneurship. SE/TE: 289-303, 304-314, 316, 317, 376-382, 383, 384-397, 398, 400, 401, 402 13.6 Examine components of a financial plan. SE/TE: 142, 144, 269-274, 284. 285, 289-303, 304-314, 316, 317, 347-353, 354, 376-382, 383, 384-397, 398, 400, 401, 402 13.7 Utilize graphs to illustrate quantitative data. SE/TE: 31-33, 48, 103, 318, 323, 517, 564-565 Science 13.8 Evaluate environmental laws related to business. SE/TE: 123, 129, 479, 480, 483, 484 Opportunities to address this standard may be found on pages: SE/TE: 119, 120-122 Social Studies 139 Assess economic principles that influence entrepreneurship. SE/TE: 27-38, 47 13.10 Analyze vital statistics of a population (demographic, geographic, and psychographic) SE/TE: 55, 170-171, 172-175, 176 13.11 Examine government regulations imposed on business. SE/TE: 111-113, 128, 163, 247, 261, 433-441, 454, 455, 456, 463-467, 471-480, 482, 483, 484, 578-579, 602 13.12 Analyze entrepreneurship from a historical perspective. SE/TE: 10-12, 54, 164, 186, 387, 398 8
STANDARD 14.0 The student will review and analyze safety guidelines and regulations as related to Entrepreneurship. 14.1 Complete a general safety test with 100% accuracy as related to Entrepreneurship. SE/TE: 451-452, 473, 476 STANDARD 15.0 The student will demonstrate Entrepreneurship principles in a work-based learning experience. 15.1 Apply principles of entrepreneurship to a work-based situation. SE/TE: 7, 14-16, 17, 18, 19, 20, 22, 23, 132-133, 334, 425, 448, 468, 493, 495 15.2 Integrate time management principles in organizing his/her schedule to include school, work, social, and other activities. SE/TE: xxii, 102-103, 131 15.3 Evaluate and apply principles of ethics as they relate work-based experience. SE/TE: 24, 48, 105-110, 111-114, 129, 130, 190, 219, 236, 240, 262, 286, 318, 340, 368, 402, 431, 448, 450, 456, 484, 524, 530, 545, 552 15.4 Employ the principles of safety work-based experience. SE/TE: 451-452, 456, 473-474, 476, 480, 483, 482, 508 9