BUSINESS EDUCATION STUDENT RECORD SHEET
Colorado Vocational Business Program learners are required to meet the following minimal CORE competencies at 80% or better.
CORE Competencies:
Communication Skills, Human Relation Skills, Career Management, Management Skills, Economic Awareness, Technology Skills, Telephone Skills, Leadership Skills, Ethics, Safety / Work Environment
BUSINESS MANAGEMENT COMPETENCIES
A. Business-Management Overview
 | List the elements of business organizations (sole proprietorship, partnership, corporation) |
| Explain the interrelationships of management functions |
| Understand total quality management (TQM) / continuous quality improvement (CQI) |
B. Business Organizations
| Understand the elements of business organization (sole proprietorship, partnership, corporation) |
| Compare and evaluate the advantages and disadvantages of each form of business organization |
C. Business Ethics
| Explain the rationale for the incorporation of ethics into business management |
| Explain the importance of confidentiality, and the respect for loyalty, integrity, honesty and authority |
| Explain social responsibility |
| Explain gender / equity issues in the workplace |
| Explain legal implications for business |
D. Strategic Planning
| Explain the need for, and develop a business plan |
| State the major components of, and need for a business plan / mission statement |
E. Human Resource Management
| Demonstrate knowledge of the staffing, structure, policy, procedures, and human resource management within an organization |
| Explain gender / equity issues involved in staffing |
| Demonstrate ability to explain employee benefit options and enrollment |
F. Leadership
| Compare and constant the basic managerial styles |
| Defend the use of one of the managerial styles within the philosophical structure of a business |
| Demonstrate ability to practice sound money management |
| Explain the importance of professional development in business (involvement and relationship with vocational student organization (VSO) |
G. Financial Information
| Identify and create major financial statement of a business organization |
| Utilize and calculate financial ratios to measure and predict financial performance |
| Understand how the stock market operates |
| Evaluate risk / return relationships in major financial investments |
H. Decision Making
| Apply decision-making and problem-solving skills to case studies |
I. Business Economics
| Compare and contrast the characteristics of the major economic systems |
| Identify the impact of a major economic system on businesses and personal life |
| Examine the importance of economic relationships among nations |
| Discuss the role of international trade and investment and international monetary relations in the global economy |
J. Business Law
| Define and illustrate the legal requirements affecting the public, employees, and managers in a business |
| List and define the elements of a contract |
| Analyze legal case studies |
K. Career Paths
| Research and identify career options available upon completion of the business-management trainee program |
| Discuss career opportunities resulting from emerging technologies |
| Discuss career opportunities in the area of entrepreneurship |