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Assessment for Learning
Enduring Understandings and Essential Questions


Introduction to Business, Grade 9 or 10, Open
BBI1O, BBI2O

Conducting Business in a Competitive Marketplace and in the Changing Workplace
Overall Expectations
By the end of this course, students will:
•        analyze the major factors influencing the success of Canadian businesses;
•        explain how businesses are affected by variations in market conditions and environments for conducting business;
•        explain how current issues affect Canadian businesses;
•        explain the importance and role of human resources and sound management in business;
•        explain the role of marketing and accounting in business.
oral and written presentations.

Enduring Understanding:
Understanding the successful operation of a Canadian business in a post 9-11 world market.

Essential Questions:

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How does a knowledge based economy change?
o       Management styles
o       The value of human resources
o       Marketing strategies    
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How does a business plan and protect against catastrophic world events?
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How does day to day business change?
o       Data storage
o       Business travel 
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How does the move to a global economy change the accounting fundamentals?

Entrepreneurship
Overall Expectations
By the end of this course, students will:
•       identify characteristics and skills associated with successful entrepreneurs;
•       evaluate the roles and contributions of entrepreneurs;
•       analyze the importance of invention and innovation in entrepreneurship.

Enduring Understanding:
Understand the characteristics and creative skills of successful business leaders.

Essential Questions:

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What is an entrepreneur?
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What are the essential skills of a successful entrepreneur?
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What kind of entrepreneurs do I know, locally and nationally?
o       What role do they play in the community?        
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What’s the difference between an invention and an innovation?
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What innovations have led to successful or new businesses?
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What’s the difference between an invention and an innovation?
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What innovations have led to successful or new businesses?

International Business
Overall Expectations
By the end of this course, students will:
•       describe how nations become interdependent through international business;
•       analyze the impact of trade on the Canadian economy;
•       describe Canada’ key international economic relationships.

Enduring Understanding:
To understand Canada’ international trade relationships and the impact they have on the Canadian
economy and society including dependency on other nations.

Essential Questions:

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Why trade with other nations?
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How is our life affected by international trade?
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What products exist in your home that are manufactured by other nations?

Personal Finance
Overall Expectations
By the end of this course, students will:
•       distinguish the various ways in which individuals and households can acquire income and other benefits;
•       develop skills in managing personal income effectively, such as skills in budgeting, planning, saving, and investing;
•       analyze the role and importance of consumer credit.

Enduring Understanding:
Understanding personal and responsible money management skills.

Essential Questions:

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How can I select the best investments to maximize the earning potential of my income?
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How do I use consumer credit wisely?
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How do I effectively manage a personal budget?

The Role and Impact of Business
Overall Expectations
By the end of this course, students will:
•       demonstrate an understanding of how businesses respond to needs,wants, and demand;
•       compare types of businesses;
•       evaluate the impact of businesses on their community.

Enduring Understanding:
Understanding how business affects the everyday lives of citizens.

Essential Questions:

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Why does the range of goods and services offered to consumers continually change?
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Why do some businesses succeed while others fail?
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How can businesses have both a positive and negative effect on the community?



© 2013 - Bluewater District School Board