Title: Opportunities in Global Trade (12056-I)

Demonstrating Personal Qualities and Abilities
  Demonstrate creativity and innovation.
  Demonstrate critical thinking and problem solving.
  Demonstrate initiative and self-direction.
  Demonstrate integrity.
  Demonstrate work ethic.
  WorkplaceReadinessSkillsPoster2019.pdf
Demonstrating Interpersonal Skills
  Demonstrate conflict-resolution skills.
  Demonstrate listening and speaking skills.
  Demonstrate respect for diversity.
  Demonstrate customer service skills.
  Collaborate with team members.
Demonstrating Professional Competencies
  Demonstrate big-picture thinking.
  Demonstrate career- and life-management skills.
  Demonstrate continuous learning and adaptability.
  Manage time and resources.
  Demonstrate information-literacy skills.
  Demonstrate an understanding of information security.
  Maintain working knowledge of current information-technology (IT) systems.
  Demonstrate proficiency with technologies, tools, and machines common to a specific occupation.
  Apply mathematical skills to job-specific tasks.
  Demonstrate professionalism.
  Demonstrate reading and writing skills.
  Demonstrate workplace safety.
Examining All Aspects of an Industry
  Examine aspects of planning within an industry/organization.
  Examine aspects of management within an industry/organization.
  Examine aspects of financial responsibility within an industry/organization.
  Examine technical and production skills required of workers within an industry/organization.
  Examine principles of technology that underlie an industry/organization.
  Examine labor issues related to an industry/organization.
  Examine community issues related to an industry/organization.
  Examine health, safety, and environmental issues related to an industry/organization.
Addressing Elements of Student Life
  Identify the purposes and goals of the student organization.
  Explain the benefits and responsibilities of membership in the student organization as a student and in professional/civic organizations as an adult.
  Demonstrate leadership skills through participation in student organization activities, such as meetings, programs, and projects.
  Identify Internet safety issues and procedures for complying with acceptable use standards.
Exploring Work-Based Learning
  Identify the types of work-based learning (WBL) opportunities.
  (Optional) Reflect on lessons learned during the WBL experience.
  Explore career opportunities related to the WBL experience.
  (Optional) Participate in a WBL experience, when appropriate.
Understanding the Nature of Global Marketing and Commerce
  Explain the terms global marketing and commerce.
  Explain the concept of globalization.
  Explain the role and importance of marketing in global commerce.
  Explain the global mindset and its role in preparing one for trading across cultures.
  Identify the major global markets, including mature and emerging markets.
Examining Virginia's Role in Global Commerce
  Describe the importance of international trade to Virginia’s economy.
  Describe the services and programs provided by Virginia and federal agencies and organizations that facilitate world trade.
  (Optional) Explain the value of Virginia's infrastructure to global trade.
  Examine foreign direct investment’s role in Virginia’s economy (pros and cons).
Understanding Marketing Concepts and Strategies
  Identify the key components of an international marketing plan.
  Describe the marketing mix and functions in relation to the global market.
  Describe market analysis in the global environment.
  Explain the components of the international trading environment.
  Describe the process for identifying global markets through market segmentation and product differentiation.
  List factors that affect international business competition.
  Identify trends that influence global opportunities.
Exploring the Realities and Fluctuations of the Global Economy
  Describe the fundamental challenge of scarcity vs. abundance in the global economy.
  Explain supply and demand as related to the global marketplace.
  Explain how the factors of production affect a nation’s ability to trade.
  Analyze the outside influences that may have an impact on a country’s global opportunities and threats.
  Define economics.
  Explain the importance of the economic decision-making process.
  Describe the major economic systems.
  (Optional) Examine the concept of privatization.
  (Optional) Explain the economic concepts of balance of trade, absolute advantage, and comparative advantage.
  Examine economic factors that describe the economic well-being of a country.
  (Optional) Describe the characteristics of each phase of the business cycle.
Examining World Trade Issues
  Identify major challenges to the United States as an importing and exporting nation.
  Explain the concept of trade barriers and sanctions.
  Describe the implications of conducting business in countries with different legal systems.
  Examine the major current issues in world trade.
  Describe current and emerging economic, political, and environmental issues and trends in Europe, the Pacific Rim, North America, Latin America, and Africa and their implications for world trade and investments.
  Explain free trade agreements.
Analyzing the Influence of Culture on Business Activities
  Identify the challenges of communicating in a world language.
  Describe how culture affects consumer needs and wants.
  Explain how differences in culture influence international business dealings.
Understanding Promotion in the International Marketing Plan
  Describe the elements of the promotional mix and how they are used to persuade international customers.
  Describe why promotion must be sensitive to local customs and laws.
  (Optional) Describe the role of relationship-building in effective selling.
Understanding Distribution in the International Marketing Plan
  Describe strategies for reaching consumers in the global marketplace.
  (Optional) Examine strategies for product/service distribution.
  Explain the functions performed by key international intermediaries.
  Describe the impact of electronic commerce on global trade.
Understanding Price and Payments in the International Marketing Plan
  Explain the terms of sale and how the cost of logistics affects selling price.
  Explain Incoterms and their effect on pricing.
  Explain international banking and finance.
  Explain methods of payment for international transactions.
  Describe the shipping requirements for international distribution.
  Identify the uses of money, currencies, and foreign exchange activities.
  Explain the concept and importance of exchange rates.
  Calculate exchange rate conversions.
Exploring Careers in Global Marketing
  Research postsecondary educational opportunities related to global marketing.
  Research skillsets and knowledge international companies look for in prospective employees.
  Identify potential entry-level and advanced-level occupations related to the global marketplace.
  Identify employment barriers for nontraditional groups and ways to overcome the barriers.
  Explain the importance of professional development throughout one’s career.
  Evaluate self-employment as a career option.
  Develop a résumé.
  Identify steps to prepare for a job interview and follow-up.
ADDITIONAL COURSE INFORMATION
  Student Competency Records
  8135 Standards Correlations.pdf
  8135 Teacher Resources.pdf
  8135 Credentials-Sequences-Clusters.pdf
  8135 Acknowledgments and Copyright Information.pdf