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K–12 Standards

Entrepreneurship (2025)

Other Kansas CTE sets

Understand the concepts, processes, knowledge and skills related to identifying new ideas, opportunities, and and methods utilized in creating or starting a new entrepreneurship/small business venture.1

  • 1

    Define entrepreneurship and what it means to be an entrepreneur.1.1

  • 2

    Explain characteristics of an entrepreneur as it relates to personal assessment and management. 1.2

  • 3

    Utilize entrepreneurial discovery strategies to generate feasible ideas for business ventures.  1.3

  • 4

    Develop a concept for a new business venture and evaluate it's feasiblility and potential to become successful.  1.4

Understand the economic principles and concepts fundamental to business operations. 2

  • 1

    Expound on the importance of entrepreneurship on market economies.2.1

  • 2

    Demonstrate an understanding of how basic economic concepts are utilized by an entrepreneur/small business owner.  2.2

Describe an entrepreneur’s responsibility to know and abide by laws and regulations that affect all individuals involved in the business operations.  3

  • 1

    Describe the relationship between principled entrepreneurship and personal responsibility.3.1

  • 2

    Describe the relationship between government and business.   3.2

  • 3

    Identify types of business ownership.  3.3

  • 4

    Demonstrate understanding of managerial and business ethics.   3.4

Developing and recognizing a successful business venture opportunity through entrepreneurial discovery, concept development, resourcing, actualization and harvesting.4

  • 1

    Identify successful methods in developing and assessing innovative business ideas.4.1

  • 2

    Explain how entrepreneurs recognize marketplace opportunities.  4.2

  • 3

    Explain tools used by entrepreneurs for venture planning.   4.3

  • 4

    Explain proper methods in assessing and calculating risk in developing a business venture. 4.4

  • 5

    Describe the need for continuation planning as it relates with entrepreneurship/small business ownership.     4.5

Understands the concepts, processes, and systems needed to determine and satisfy customer needs/wants/expectations, meet business goals/objectives, and create new product/service ideas. 5

  • 1

    Understand marketing's role and function in business to facilitate economic exchanges with customers. 5.1

  • 2

    Analyze the role of marketing research in constructing a small business management model.   5.2

  • 3

    Identify and explain primary and secondary market research.   5.3

  • 4

    Describe marketing functions and related activities. 5.4

  • 5

    Describe the components and purpose of a business plan.   5.5

  • 6

    Identify and evaluate a local entrepreneurial venture/business.    5.6

  • 7

    Describe methods in dealing with conflict as it relates with entrepreneurship/small business ownership.     5.7

Understand organizational and financial tools used in making business decisions as it relates to entrepreneurship/small business ownership. 6

  • 1

    Develop project management (organizational skills) to improve efficiency.   6.1

  • 2

    Identify and explain expense control strategies to enhance the financial well-being of a business.  6.2

  • 3

    Give explanation on how entrepreneurs incorporate accounting in making business decisions.  6.3

  • 4

    Understand the need for proper financial and money management as it relates to an entrepreneur/small business owner.  6.4

  • 5

    Explain and describe cost/benefit analysis as it explains cost-profit relationships.   6.5

  • 6

    Examine and explain the components and purpose of a financial plan for a business. 6.6

Know and understand the importance of employability skills. Explore, plan, and effectively manage careers. Know and understand the importance of entrepreneurship skills. Obtain and develop strategies for ensuring a successful career in entrepreneurship/small business ownership. 7

  • 1

    Develop personal traits and behaviors to foster career advancement.7.1

  • 2

    Demonstrate employability/career success skills.   7.2

  • 3

    Explain and demonstrate the nature of effective communications. 7.3

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What grade levels do these standards cover?
PROFESSIONALEDUCATION-DEVELOPMENT

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