Curriculum Connections to Introduction to Business

Grade 9 or 10, Open (Ontario BBI10, BBI20)

Course Summary: Understanding of the functions of business, including accounting, marketing, information and communication technology, human resources, and production, and of the importance of ethics and social responsibility.

Youthrive Coverage: 49%

Explicit Teaching Coverage: 27%
Experiential Learning: 12%
Reflective Journaling: 10%

(Total may add up to more than 100%, as multi-coloured dots are counted towards both colour categories.)

Connecting Youthrive to Specific Expectations

(Each dot represents one specific expectation as listed in the curriculum document, e.g., there are sixteen specific expectations within the Business Fundamentals strand, sub-divided as shown in the purple section. Colour key follows chart.)

Colour Key:

Explicitly taught by mentors as part of weekly lesson plans. (Most explicitly taught material is also learned experientially).

This expectation is mainly addressed through experiential learning based on students’ participation and engagement in Youthrive. (It may also be explicitly taught).

Reflective learning through journaling activity.

Not addressed.


STRAND: Business Fundamentals

Economic Basics

Describe the concepts of, and conditions that affect, supply and demand.

Explain how needs and wants create opportunities for business.

Compare the ways in which different industries, sectors, and competitors address similar consumer needs and wants.

Types of Businesses

Compare forms of business ownership.

Identify the different types of businesses.

Explain why a person or group of people would choose to establish one type of business rather than another.

Identify the different business structures adopted by international business ventures.

Business Ethics and Social Responsibility

Explain the concepts of ethics and social responsibility as they apply to business.

Describe the impact of business on the local community.

Assess ethical dilemmas in the workplace.

Explain controversial business issues from a local, national, and international perspective.

International Business

Explain the potential benefits and social costs of international business for domestic and foreign partners.

Explain the barriers and obstacles to conducting international business for domestic and foreign partners.

Identify Canada’s major imports and exports.

Identify Canada’s major trading partners and trade agreements.

Describe the business etiquette and culture of other countries.


STRAND: Functions of a Business

Production

Identify the factors involved in production.

Explain the steps in the production process.

Describe ways in which companies can improve productivity.

Human Resources

Describe the functions of human resource management.

Identify key employability skills.

Identify the rights and responsibilities of employees and employers.

Describe a variety of business career paths.

Management

Describe the role of management in business.

Describe how different management styles can influence employee productivity.

Explain the importance of ethical behaviour with respect to employees, the environment, and communities.

Demonstrate business teamwork skills to carry out projects and solve problems.

Marketing

Explain the role and the impact of marketing (e.g., for businesses, non-profit organizations, events).

Identify the four Ps (product, price, place, and promotion) and the two Cs (competition and consumer) of marketing and apply the concepts by developing a strategy to market a good, service, or event.

Compare the advantages and disadvantages of the major types of advertising.

Design an advertisement appropriate for a specific good, service, or event.

Identify and describe different types of marketing research tools.

Design and implement, using appropriate tools, a marketing research plan for a good, service, or event, and produce a report on the results. [N.B.: A full marketing research plan is extensive and time consuming; the Youthrive program offers a condensed version].

Accounting

Define basic terms used in accounting.

Describe how accounting procedures contribute to the success of a business.

Create and analyse simple balance sheets and income statements.

Information and Communication Technology

Define basic terms used in information and communication technology.

Explain how information and communication technology affects the functions of a business and how it affects employability at various levels of skill.

Use information and communication technology for a variety of business purposes.


STRAND: Finance

Income Management

Distinguish between types of personal income and types of business income.

Identify the factors that need to be assessed in order to make effective purchasing decisions.

Demonstrate financial-planning skills and produce a business or personal financial plan using appropriate software.

Banking

Identify the major financial institutions in Canada.

Evaluate the products and services offered by major Canadian financial institutions.

Identify trends in Canadian banking and financial services.

Compare personal banking needs with commercial banking needs.

Investing

Compare the benefits of saving with those of investing.

Describe various types of investment alternatives available to individuals.

Assess the factors that will affect the value of investments over time.

Credit

Explain the advantages and disadvantages of both consumer credit and business credit.

Describe the process of establishing a credit rating and applying for and obtaining credit.

Calculate the total cost of a variety of loans.


STRAND: Entrepreneurship

Characteristics, Skills, and Contributions

Describe the characteristics and skills often associated with successful entrepreneurs at the local, national, and international level.

Analyse their own entrepreneurial strengths and interests.

Describe the lives and accomplishments of a variety of Canadian entrepreneurs.

Describe and evaluate either their own or an existing idea for an entrepreneurial endeavour in their school or community.

Invention and Innovation

Describe how entrepreneurs discover opportunities in people’s needs, wants, and problems.

Describe a variety of Canadian inventions and innovations, including Aboriginal inventions and innovations.

Explain how innovation has affected a variety of goods and services over time.


Connections to School Board
and
Ministry of Education Mandates and Priorities*

* Relevant to all courses within the Ontario Ministry of Education curricula, but not figured into the percentage breakdown shown above

Including Environmental Education as a Part of All Courses

Students will learn about select United Nations Sustainable Development Goals that can be addressed through business decisions.

Students will learn about the 4Rs

Students will be graded on their abilities to incorporate the United Nations Sustainable Development Goals and the 4Rs into their business decisions.

Cross-Curricular Learning

JOURNALING: Several of the guided questions for the optional weekly journaling activity ask for evidence, examples and connections that will benefit students’ skills in writing and literacy, ethics, and marketing.

WEEKLY TASKS: Weekly tasks require students to work collaboratively and develop their writing, planning, and communication skills, all of which are transferable to many subjects.

Basic bookkeeping skills are taught explicitly and learned experientially.

Reflective Learning

In addition to the mentors engaging the students in discussions about the power of consumerism, EDII and other important topics, several of the guided questions for the optional weekly journaling activity ask students to consider, revisit, and plan how to improve what they have learned and their experiences as a team member.

Support for students with IEPs and students learning English

The purchased Youthrive package includes a printable Glossary of Terms for students to access before the program begins so they can prepare for this exciting adventure in entrepreneurship. The glossary is also available for students to refer to throughout the ten weeks of lessons.