Common Planner
K–12 Standards

Business Management

Other Missouri Business, Marketing, & Information Technology sets

Communication1

  • 1

    Demonstrate effective communication skills (e.g., verbal, nonverbal, and technological communications and effective listening skills) 1.1

  • 2

    Apply communication skills to produce clearly written traditional and electronic documents (e.g., business letters, emails, agendas, research papers).1.2

  • 3

    Explain the types of international communication issues 1.3

  • 4

    Deliver an oral presentation with appropriate media and aids 1.4

  • 5

    Demonstrate facilitating techniques (e.g., lead team meetings or projects)1.5

  • 6

    Demonstrate the ability to dialogue with supervisors and staff (e.g., role plays, job interviews)1.6

  • 7

    Differentiate levels and relationships on an organizational chart 1.7

  • 8

    Demonstrate the ability to read and interpret information (e.g., business articles, documents, digital resources)1.8

Economics2

  • 1

    Compare and contrast basic economic and political systems 2.1

  • 2

    Describe current economic environment and its effect on business 2.2

  • 3

    Identify economic differences between rural and urban environments 2.3

  • 4

    Describe development of the free enterprise system 2.4

  • 5

    Analyze components of the free enterprise system 2.5

  • 6

    Compare and contrast the relationship between supply and demand 2.6

  • 7

    Analyze the impact of change in the economy (e.g., taxes on supply and demand) 2.7

  • 8

    Demonstrate the impact of globalization and the global/cultural  environment in which business operates 2.8

  • 9

    Describe importing and exporting as it relates to global business operations 2.9

  • 10

    Explain why businesses enter into international trade2.10

Management Responsibilities 3

  • 1

    Describe various roles of management and identify situations in which managers perform in these various roles 3.1

  • 2

    Evaluate and apply various functions/types of management 3.2

  • 3

    Identify different leadership styles and their characteristics 3.3

  • 4

    Create “SMART” goals that meet appropriate criteria: Specific, Measurable, Achievable, Realistic, Time bound 3.4

  • 5

    Develop an action plan that states goals, strategies, and objectives 3.5

  • 6

    Apply problem-solving approach in making decisions 3.6

  • 7

    Evaluate the impact of new technology on the workforce 3.7

  • 8

    Demonstrate proficiency in computer software applications (word processing, spreadsheets, and databases 3.8

  • 9

    Interpret current trends in business (e.g., acquisition/downsizing, e-commerce, data mining, labor market, social issues)3.9

Human Resources4

  • 1

    Identify employee selection tools and determine why they are used. 4 Evaluate compensation plans, benefit packages, and incentive programs available to employees 4.1

  • 2

    Compare and contrast employee training techniques (e.g., hands-on, coaching, seminars, online) 4.2

  • 3

    Analyze policies and procedures used in an organization 4.3

  • 4

    Assess the impact of performance appraisals on employees and the organizations 4.4

  • 5

    Describe the history of the labor movement and why unions were organized 4.5

  • 6

    Discuss the advantages and disadvantages of union membership4.6

  • 7

    Evaluate the impact of corporate culture on future growth and performance4.7

Legal, Ethical and Social Aspects 5

  • 1 

    Examine current laws and regulations affecting the establishment and operation of businesses 5.1

  • 2

    Explain the elements of local, state, and federal legislation relevant to business operations 5.2

  • 3

    Demonstrate ethical behaviors in a simulated environment/workplace 5.3

  • 4

    5 Identify business’ social responsibilities in the workplace, community, and society5.4

Financial Management 6

  • 1

    Compare and contrast sources of financing (capital) 6.1

  • 2

    Create and analyze financial statements (e.g., income statement, balance sheet, cash flow statements, and statement of net worth) 6.2

  • 3

    Analyze financial measures for decision making and potential investors (e.g., ROI, ROA, and cost-benefit analysis) 6.3

  • 4

    Define risk management and identify risks to businesses6.4

Elements of Marketing7

  • 1

    Analyze the importance of marketing and its role in business 7.1

  • 2

    Evaluate the elements of the marketing mix  7.2

  • 3

    Compare and contrast integrated marketing communication (e.g., promotion, advertising, public relations) 7.3

  • 4

    Illustrate a variety of distribution channels 7.4

  • 5

    Create pricing and positioning strategies for existing or new business/product  7.5

  • 6

    Describe product line/mix 7.6

  • 7

    Analyze product life cycle 7.7

  • 8

    Analyze the importance of marketing in a local, national, and global economy 7.8

  • 9

    Evaluate the use of effective online marketing in a local, national, and global strategy7.9

Frequently asked questions

What grade levels do these standards cover?
Grade 9, Grade 10, Grade 11, and Grade 12
Where can I read the official document?
2022Business Management

Keep exploring

Keep exploring Business, Marketing, & Information Technology standards

Sibling grade bands, other subjects in this jurisdiction, and the same subject across other states.