Business, Finance, Marketing & Management CTE Program Standards 6
â—Ź Manager (MN): Content develops strategic decision-making skills in all business functions needed to
manage a business or department within an organization
o Appropriate for young adults at post-secondary level
â—Ź Owner (ON): Content develops strategic decision-making skills in all aspects of business that are
needed to own and operate a business
o Appropriate for young adults at post-secondary level
Instructional Area
Instructional areas are a standards organization mechanism. The Instructional areas are broad-based
content standards. They identify what students should know and be able to do as a result of instruction in any
of the business-related clusters. These statements encapsulate the overarching intent/purpose of a work
function.
● Business Law (BL): Understand business’s responsibility to know, abide by, and enforce laws and
regulations that affect business operations and transactions
â—Ź Communication Skills (CO): Understand the concepts, strategies, and systems used to obtain and
convey ideas and information
â—Ź Customer Relations (CR): Understand the techniques and strategies used to foster positive, ongoing
relationships with customers
â—Ź Economics (EC): Understand the economic principles and concepts fundamental to business
operations
â—Ź Emotional Intelligence (EI): Understand techniques, strategies, and systems used to foster self-
understanding and enhance relationships with others
â—Ź Entrepreneurship (EN): Understand the concepts, processes, and skills associated with identifying
new ideas, opportunities, and methods and with creating or starting a new project or venture
â—Ź Financial Analysis (FI): Understand tools, strategies, and systems used to maintain, monitor, control,
and plan the use of financial resources
â—Ź Human Resources Management (HR): Understand the tools, techniques, and systems that
businesses use to plan, staff, lead, and organize human resources
â—Ź Information Management (NF): Understand tools, strategies, and systems needed to access,
process, maintain, evaluate, and disseminate information to assist business decision-making
â—Ź Marketing (MK): Understand the tools, techniques, and systems that businesses use to create
exchanges and satisfy organizational objectives
â—Ź Operations (OP): Understand the processes and systems implemented to monitor, plan, and control
the day-to-day activities required for continued business functioning
â—Ź Professional Development (PD): Understand concepts, tools, and strategies used to explore, obtain,
and develop in a business career
● Strategic Management (SM): Understand tools, techniques, and systems that affect a business’s
ability to plan, control, and organize an organization/department
Instructional areas specific to Business Management include:
â—Ź Knowledge Management (KM): Understand the systems, strategies, and techniques used to collect,
organize, analyze, and share an organization’s information
â—Ź Project Management (PM): Understand tools, techniques, and systems that are used to plan,
implement, monitor, and evaluate business projects
â—Ź Quality Management (QM): Understand the need for standards and the strategies and techniques
used to implement, monitor, and evaluate them
â—Ź Risk Management (RM): Understand risk-management strategies and techniques to minimize
business loss
Instructional areas specific to Accounting & Finance include: