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View all PreK-12 NYS Learning Standards in a dropdown list format.
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              • Students will - CDOS.C.3b.BI.1.A.SW:
                1. Understand business concepts/characteristics:
                  1. Nature of business
                    1. Trends (e.g., e-commerce)
                    2. Influential factors
                      1. Social
                      2. Political
                      3. Economic
                      4. Technological
                      5. Global
                    3. Forms of business organization
                      1. Proprietorship
                      2. Partnership
                      3. Corporation
                      4. Specialized
                        1. Profit and nonprofit
                        2. Joint venture
                        3. Franchise
                        4. Cooperative
                      5. Characteristics of each organization
                        1. Formation steps
                        2. Advantages and disadvantages
                  2. Identify social issues:
                    1. Population/workforce
                    2. Environmental
                    3. Social responsibility
                  3. Understand legal issues:
                    1. Economic regulations
                    2. Business protections (e.g., restrictive covenant, copyright, trademark)
                    3. Protection of public interest (e.g., OSHA, ADA, EEOC)
                    4. Regulations (e.g., international, national, state, local)
                    5. Business and personal taxation
                    6. Labor
                  4. Ethical issues and dilemmas
                    1. Confidentiality (e.g., trade secrets, privacy)
                    2. Environmental impact (e.g., pollution, deforestation)
                    3. Global, national, state, and local
                    4. Social responsibilities
                2. Understand basic economic concepts:
                  1. Making economic decisions
                    1. The economic way of thinking
                    2. Individual decisions
                    3. Group decisions
                    4. Private sector decisions
                    5. Public sector decisions
                  2. The microeconomic perspective
                    1. Demand: achieving consumer satisfaction
                    2. Supply: producing goods and services
                    3. Demand, supply, and prices
                    4. Business firms in the economy
                    5. Perfect competition and monopoly
                    6. Monopolistic competition
                    7. Improving the market economy
                    8. The labor market and determining personal income
                  3. The macroeconomic perspective
                    1. Measuring aggregate economic activity
                    2. Distribution of income
                    3. Unemployment
                    4. Inflation
                    5. Money, the Federal Reserve System, and banking
                    6. Monetary policy
                    7. Taxes
                    8. Fiscal policy
                    9. Economic growth
                  4. Personal finance and investment
                  5. World economy
                3. Understand multinational/global business:
                  1. Role of multinational business
                    1. Import
                    2. Export
                  2. Multicultural communications
                    1. Cultural diversity (e.g., different languages, nonverbal communication)
                    2. Communications strategies
                      1. Nonverbal
                      2. Oral and written
                      3. Technical
                    3. Environment
                      1. Social
                      2. Political
                      3. Legal
                    4. Multinational/global business management
                      1. Organizational structures
                      2. Human resources
                      3. Entrepreneurial opportunities
                      4. Conversion
                      5. a. Monetary b. Measurement
                    5. Multinational marketing
                      1. Language
                      2. Customs/traditions/etiquette
                      3. Legal aspects
                      4. Politics
                      5. Technology
                      6. a. Time factor b. Monetary factors
                4. Understand marketing concepts:
                  1. Basics (e.g., functions, mix, concept, utility)
                  2. Product management (planning, development, product, life-cycle)
                  3. External factors
                    1. Government regulations
                    2. Economic environment
                    3. Cultural differences
                    4. Technology
                    5. Special interest groups
                    6. Competition
                  4. Financial management
                    1. Pricing objectives
                    2. Calculating price
                    3. Purchasing process
                    4. Forecasting
                  5. Distribution systems
                    1. Channels of distribution
                    2. Intermediaries
                    3. Inventory control
                  6. Promotion/advertising/public relations
                    1. Media
                    2. Budgets
                    3. Technology
                    4. Forms of sales promotion
                    5. Promotion programs
                    6. Public relations plans
                    7. Personal selling
                    8. Sales approaches
                    9. Functions of sales personnel
                  7. Market research
                    1. a. Purposes
                    2. b. Data collection, sampling, and analysis
                  8. Market types/characteristics
                    1. Buying motives
                    2. Market segmentation
                    3. Market positioning for competitive edge
                    4. Target market
                  9. Marketing plan
                    1. Development
                    2. Strategic and tactical planning
                  10. Trends and innovations in marketing
                    1. Societal changes
                    2. Technological innovations
                  11. Ethics
                    1. Code of behavior
                    2. Truth in advertising, selling, and packaging
                5. Understand the nature of entrepreneurship:
                  1. Characteristics of the entrepreneur
                  2. Advantages and disadvantages
                  3. Business plan
                  4. Financing (e.g., raising capital)
                  5. Opportunities
                  6. Legal issues (see IC)
                  7. Organizational structures (see IA3)
                  8. Marketing (see IV)
                  9. Economics (see III)
                  10. Finance/accounting
                  11. Global markets
                6. Understand business-related mathematical applications:
                  1. Computation
                  2. Accounting
                  3. Income taxes
                  4. Financial records
                  5. Ratios and percentages
                  6. Depreciation
                  7. Interpretation
                  8. Tables
                  9. Charts and graphs
                  10. Financial reports
                  11. Analyzing
                  12. Amortization
                  13. Real versus nominal
                  14. Statistics
                  15. Economic indicators
                  16. Forecasting
                  17. Stock markets
                  18. Sales
                  19. Inventory
                  20. Earnings
  • Standard Area - TECH: Learning Standards for Technology
    (see MST standards under Previous Standard Versions)
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