(a) General requirements. This course is recommended
for students in Grades 10-12. Recommended prerequisite: Touch System
Data Entry. Students shall be awarded one-half credit for successful
completion of this course.
(b) Introduction.
(1) Career and technical education instruction provides
content aligned with challenging academic standards and relevant technical
knowledge and skills for students to further their education and succeed
in current or emerging professions.
(2) The Business Management and Administration Career
Cluster focuses on careers in planning, organizing, directing, and
evaluating business functions essential to efficient and productive
business operations.
(3) Virtual Business is designed for students to start
a virtual business by creating a web presence, conducting online and
off-line marketing, examining contracts appropriate for an online
business, and demonstrating project-management skills. Students will
also demonstrate bookkeeping skills for a virtual business, maintain
business records, and understand legal issues associated with a virtual
business.
(4) Students are encouraged to participate in extended
learning experiences such as career and technical student organizations
and other leadership or extracurricular organizations.
(5) Statements that contain the word "including" reference
content that must be mastered, while those containing the phrase "such
as" are intended as possible illustrative examples.
(c) Knowledge and skills.
(1) The student demonstrates professional standards/employability
skills required by business and industry. The student is expected
to:
(A) communicate effectively with others using oral
and written skills;
(B) demonstrate collaboration skills through teamwork;
(C) demonstrate professionalism by conducting oneself
in a manner appropriate for the profession and workplace;
(D) demonstrate a positive, productive work ethic by
performing assigned tasks as directed;
(E) comply with all applicable rules, laws, and regulations;
and
(F) demonstrate time-management skills by prioritizing
tasks, following schedules, and tending to goal-relevant activities
in a way that uses time wisely and optimizes efficiency and results.
(2) The student analyzes an overview of starting and
growing a virtual business office. The student is expected to:
(A) identify the nature, history, and duties of a virtual
business office;
(B) list benefits afforded to virtual business clients;
(C) assess personality characteristics to determine
suitability for being a self-employed virtual business office employee;
(D) inventory skills, interests, strengths, and weaknesses
to determine appropriate services to offer;
(E) prepare a business plan, including the following
sections: executive summary, mission statement, long- and short-term
goals, marketing plan, financial plan, and organizational plan; and
(F) examine global business considerations.
(3) The student demonstrates online and off-line marketing,
including establishing a web presence. The student is expected to:
(A) create and design a website for a virtual business
office;
(B) describe details of setting up a virtual business
office;
(C) determine appropriate marketing of a virtual business
office;
(D) describe steps to successfully market a virtual
business office; and
(E) participate in leadership and career development
activities.
(4) The student develops contracts appropriate for
virtual business office services provided. The student is expected
to:
(A) research details of setting up a virtual business
office;
(B) determine particulars of communicating with clients
locally and remotely; and
(C) set appropriate fees for virtual business office
services provided.
(5) The student establishes pricing, billing, and collections
procedures. The student is expected to:
(A) research pricing and billing practices of a virtual
business office;
(B) research appropriate recordkeeping and tax issues;
(C) apply fundamental bookkeeping skills for a virtual
business office;
(D) define appropriate bookkeeping terminology such
as accounts payable, accounts receivable, income, expense, asset,
liability, profit, balance sheet, and income statement; and
(E) prepare appropriate bookkeeping statements, including
basic balance sheet and income statement.
(6) The student describes legal and tax issues related
to running a virtual business office. The student is expected to:
(A) determine local licensing requirements required
for a virtual business office;
(B) set up a virtual business office;
(C) research support resources for a virtual business;
and
(D) describe the advantages and disadvantages of the
various forms of legal construction of a virtual business office.
(7) The student maintains business records to facilitate
management. The student is expected to:
(A) describe the nature of business records needs for
a virtual business office; and
(B) maintain customer records.
(8) The student acquires information to analyze business
decision making. The student is expected to:
(A) monitor internal records for business information;
and
(B) conduct an environment scan to obtain business
information and interpret statistical findings.
(9) The student demonstrates project-management skills
to improve workflow and minimize costs. The student is expected to:
(A) initiate a project, which includes identifying
resources needed for a project;
(B) develop a project plan;
(C) execute a project;
(D) monitor and control a project, including coordinating
work with that of team members; and
(E) close a project.
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