CTE Resource Center - Verso

Virginia’s CTE Resource Center

2018/2019 Competency-Based Task/Competency List for Entrepreneurship Education (9093/36 weeks)

Tasks/competencies bordered in blue are considered optional when marked as such; they and/or additional tasks/competencies may be taught at the discretion of the school division. All other tasks are considered essential statewide and are required of all students.

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Demonstrating Workplace Readiness Skills: Personal Qualities and People Skills

  1. Demonstrate positive work ethic.
  2. Demonstrate integrity.
  3. Demonstrate teamwork skills.
  4. Demonstrate self-representation skills.
  5. Demonstrate diversity awareness.
  6. Demonstrate conflict-resolution skills.
  7. Demonstrate creativity and resourcefulness.

Demonstrating Workplace Readiness Skills: Professional Knowledge and Skills

  1. Demonstrate effective speaking and listening skills.
  2. Demonstrate effective reading and writing skills.
  3. Demonstrate critical-thinking and problem-solving skills.
  4. Demonstrate healthy behaviors and safety skills.
  5. Demonstrate an understanding of workplace organizations, systems, and climates.
  6. Demonstrate lifelong-learning skills.
  7. Demonstrate job-acquisition and advancement skills.
  8. Demonstrate time-, task-, and resource-management skills.
  9. Demonstrate job-specific mathematics skills.
  10. Demonstrate customer-service skills.

Demonstrating Workplace Readiness Skills: Technology Knowledge and Skills

  1. Demonstrate proficiency with technologies common to a specific occupation.
  2. Demonstrate information technology skills.
  3. Demonstrate an understanding of Internet use and security issues.
  4. Demonstrate telecommunications skills.

Examining All Aspects of an Industry

  1. Examine aspects of planning within an industry/organization.
  2. Examine aspects of management within an industry/organization.
  3. Examine aspects of financial responsibility within an industry/organization.
  4. Examine technical and production skills required of workers within an industry/organization.
  5. Examine principles of technology that underlie an industry/organization.
  6. Examine labor issues related to an industry/organization.
  7. Examine community issues related to an industry/organization.
  8. Examine health, safety, and environmental issues related to an industry/organization.

Addressing Elements of Student Life

  1. Identify the purposes and goals of the student organization.
  2. Explain the benefits and responsibilities of membership in the student organization as a student and in professional/civic organizations as an adult.
  3. Demonstrate leadership skills through participation in student organization activities, such as meetings, programs, and projects.
  4. Identify Internet safety issues and procedures for complying with acceptable use standards.

Understanding Entrepreneurship

  1. Explain the concept of entrepreneurship.
  2. Describe goals of being an entrepreneur.
  3. Research important entrepreneurs.
  4. Describe personality traits and skills that make an effective entrepreneur.
  5. Explain how being an entrepreneur affects one’s way of life.
  6. Describe the role of innovation in entrepreneurship.
  7. Explain where entrepreneurial opportunities exist.
  8. Examine career opportunities in entrepreneurship.
  9. Identify time-management skills.
  10. Assess risks of personal decisions.
  11. Describe the purposes and types of business communication.
  12. Identify components of an oral presentation.
  13. Explain the importance of business ethics.
  14. Describe trends in entrepreneurship.

Understanding Business Ownership

  1. Examine the evolution of businesses in the local community.
  2. Identify the impact of small business/entrepreneurship on market economies.
  3. Explain the major reasons for businesses failing.
  4. Analyze strategies that can be used to manage the risks of a new business.
  5. Describe major types of business ownership.
  6. Describe types of entrepreneurial businesses.
  7. Describe the major types of businesses.
  8. Explore sources of labor.
  9. Develop a job description.
  10. Describe the procedures for hiring, managing, and dismissing employees.
  11. Explain the concept of chain of command.
  12. Identify sources of information for entrepreneurs.

Understanding Financial Statements

  1. Explain the purpose of income statements in a business.
  2. Explain the purpose of cash flow statements in a business.
  3. Explain the purpose of balance sheets in a business.
  4. Describe the purpose of budgets.
  5. Describe tax-related responsibilities.

Understanding Marketing Principles

  1. Explain the components of the marketing mix.
  2. Describe outbound and inbound marketing.
  3. Explain the concept of target market.
  4. Explain the purpose of branding.
  5. Identify the elements of the promotional mix.
  6. Develop a sample of each element in the promotional mix.
  7. Describe the marketing functions and their importance.
  8. Identify sources for products or services.
  9. Explain pricing strategies.

Understanding Basic Economic Principles

  1. Explain the law of supply and demand.
  2. Identify the major economic systems.
  3. Explain opportunity cost.
  4. Explain break-even point.
  5. Identify factors of production.
  6. Describe the impacts of high unemployment rates on business.
  7. Explain the importance of social entrepreneurship.

Developing Sales and Customer Service Skills

  1. Identify the types of selling.
  2. Explain the importance of customer service.
  3. Explain key factors in building and retaining a clientele.
  4. Explain the benefits of customer loyalty.
  5. Demonstrate the steps of the sale.

Planning an Entrepreneurial Business

  1. Identify business ideas that meet a market need in the school or community.
  2. Identify the purposes and components of a business model and a business plan.
  3. Describe business costs.
  4. Explain the process of projecting initial funding requirements.
  5. Develop a mission statement.
  6. Develop a vision statement.
  7. Analyze potential competitors.
  8. Explain the concept of SWOT analysis.
  9. Develop a business plan.