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