Introduction to Business provides students with opportunities to be introduced to the study of business, including:economics; organizational structures, management and leadership; accounting; marketing; finance (personal and commercial). Students will be expected to not only develop a knowledge about these topics, but also to be able to think critically and apply the skills and knowledge developed to case studies
UNITS OF STUDY: Course Total - 110 Hours
INTRODUCTION approx. 1 class
TO COURSE: Students will be introduced to the units of study, mark breakdown and department policies. In groups students will discuss the rationale for class rules. Students will complete a personal profile diagnostic test and diagnostic writing activity.
UNIT ONE approx. 18 class (25 Hours)
Business Fundamentals: In this unit students develop an understanding of how informed consumers and producers influence the manner in which Canadian businesses conduct their affairs in a competitive economic market. Through exposure to real-life case scenarios and fundamental business practices, students examine the diverse current-day factors affecting both Canadian businesses and those abroad. This unit forms the basis for a working knowledge of market forces and introduces students to the reality of competition to be further developed in subsequent units.
UNIT TWO approx. 21 class (35 Hours)
Functions Of A Business: In this unit, students demonstrate an understanding of the role corporations play in the financial sector. Throughout they will identify growth industries and emerging career opportunities. Students learn that invention and innovation are key factors in customer satisfaction, job creation, resource utilization, and global competitiveness.
UNIT THREE approx. 17 class (30 Hours)
Finance: In this unit students demonstrate an understanding of the value of money and currency through skill development in personal banking, budgeting, and financial planning. Students will identify and evaluate the range of products offered by major Canadian financial institutions. Students investigate the impact that businesses have on the quality of life of the individual, the family, and the community. They extend their newly acquired personal financial skills to explore the role that finance has in the operation of a business both domestically and abroad.
UNIT FOUR approx. 7 class (20 Hours)
Culminating Task: In this unit students explore the nature, role, and importance of entrepreneurs to Canada and then trace the development of a business from its initial conceptual stage to its start-up. They learn how companies, under the leadership of a skilled management team, apply the functions of business (e.g., production, marketing, accounting, communications, and human resources). By exploring real-life scenarios in which businesses operate, students develop an understanding of the unique relationship between consumerism and production.
