Business Dynamics

Business Dynamics will introduce you to the role and purpose of business in our economic system, with emphasis on what everyone should know to function effectively as a consumer, a worker, and a citizen. Furthermore, this course will also:

(a) serve as a background for other business courses you may take in high school and college,

(b) assist you with consumer decision making and many aspects of personal finance,

(c) prepare you for future employment, and

(d) help you effectively perform your responsibilities as a citizen.

The course uses systems thinking to study the patterns of behavior we observe in real-world businesses, markets, economies, ecosystems, and human interactions and how these patterns relate to the structure of the underlying systems. In particular, we look at why so many business strategies generate disappointing results or outright failure. Students learn to conceptualize a business organization as a set of structures and policies that create dynamics and govern performance. The course introduces the tools of system dynamics for modeling and analyzing business policy and strategy.

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COURSE STANDARDS:

* Demonstrate employability skills required by business and industry.

* Apply technology as a tool to increase productivity by creating, editing, and publishing industry-appropriate documents.

*Analyze and integrate leadership skills and management functions within the business environment.

*Demonstrate understanding of the concept of marketing and its importance to business ownership.

*Use professional oral, written, and digital communication skills to create, express, and interpret information and ideas.

*Demonstrate an understanding of entrepreneurship through recognizing a business opportunity, how to start a business based on the recognized opportunity, and basics of how to operate and maintain that business

*Research and interpret the various risks involved in operating a business while determining the role of insurance for a business.

*Examine basic human resources and the legal aspects of a business while incorporating the methods into business practices.

*Explore how related student organizations are integral parts of career and technology education courses through leadership development, school and community service projects, entrepreneurship development, and competitive events

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System/Websites Used:

Edmodo
https://www.edmodo.com

EverFi
http://everfi.com

Do Now / Exit Ticket
http://exitticket.org

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Grades Scale:

A- 89.5% and above

B- 79.5 -89.4%

C- 69.5- 79.4%

D- 59.5-69.4%

F- Below 59.4%

Tests / Major Projects - 50%

Quizzes / Small Projects - 30%

Participation / Class Assignments - 20%

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Late Work Policy:

*Late work due to absences will be graded in accordance with school policy

*Make-up work is the students responsibility

*Assignments will be accepted 1 day late for up to 90% credit, 2 days late for up to 80% credit and 3 days late for 70% credit. Any late work greater than 3 days will result in 1/2 credit. Once a Chapter/Unit is completed, late work will no longer be accepted for that particular section.