Unit: Leaders of Tomorrow

Audience: 8th Grade Students

Student will learn about the fundamentals of business management and develop skills that
will assist them in declaring a business. They will demonstrate how to keep their business
successful through a number of instructional goals. Ultimately, this Unit should prepare
students for the real world of business.

STAGE 1 – STANDARDS/GOALS

Content Standard(s)

Content Standards Primary Expected Performances

Students will be able to define from
memory business management jargon such
as partnerships, fiscal year, liabilities, return
on investment, etc.
Students will have flash cards with vocabulary
words on the front and definitions on the back.
They will be expected to study with these cards
throughout the week. Then, students will break
into small groups and partake in a vocabulary
game where they try to match the definition
with the appropriate vocabulary word. At the
end of vocabulary lesson, students will take a
multiple-choice quiz to test their knowledge
retention.

Students will discover what their interests Students will take an age appropriate core
are and how they can be transformed into a personality test. This will help both them and
business. myself as an educator identify their strengths
and weaknesses. Then, students will be asked
to share with me what their interests are. After
review of their strengths and weaknesses and
what interests them, I will hold quick one-on-
ones with students to see if they already know
what they want to declare as a business and
provide guidance. If the student does not
know, this is where I would engage in
conversation to try and help find what interests
them enough to feel satisfied with their new
business.
Students will demonstrate their research
and analysis capabilities.
Student should already have basic research
skills at this grade level. However, their analysis
skills most likely will either need to be
established or strengthened. Students will first
demonstrate their current analysis skills by
examining random advertisements. I will ask
them to state what they think the purpose of
the advertisement is (other than to reach its
intended audience). Then, I would ask them
why (what about the advertisement) they think
that is the purpose. Afterwards, students will
be asked to do the same type of analysis but on
today’s market. They will be asked to write a
report on their findings and explain what these
findings mean (either good or bad) and explain
why they think the market for their business is
good or bad.

After declaring their business, students will This content standard allows students to be
be asked to establish their business’ mission creative yet professional. Students will be
statement. asked to describe what their business does,
how they do it and why the business matters.
Students will be asked to present their
business and their mission statement via a
PowerPoint presentation to the class.

Enduring Understandings Essential Questions

Overarching Enduring Understandings: How do you know when you're successful?

The economic system
How to foster positive relationships with What is an economy?
customers
Unit Specific Enduring Understandings: How do different areas of business relate to
How to plan, organize, and run a business each other?
How their business impacts the economy
and community

Knowledge and Skills

Knowledge
The students will know business management vocabulary, what their passions are, and
understand what an economy is and how the market plays a role in the economy.
Skills
The students will be able to research, analysis, and comprehensively report out on their
findings, how to plan, organize and run a business, and how to write a business mission.