What grade levels do these standards cover?

Grade 5, Grade 6, Grade 7, and Grade 8

Where can I read the official document?

Wisconsin's Model Academic Standards for Business

K–12 Standards

Business (1998): Grades 5, 6, 7, 8
Other Wisconsin CTE sets
CTE (2013): Grades Pre-K, K, 1, 4, 5
Business (1998): Grades K, 1, 2, 3, 4
CTE (2013): Grades 2, 3
CTE (2013): Grade 6
CTE (2013): Grades 7, 8
Business (1998): Grades 9, 10, 11, 12
CTE (2013): Grades 9, 10, 11, 12

Communications

Students in Wisconsin will communicate in a clear, courteous, concise, and correct manner on personal and professional levels.
1. Written Communications
  1.
  Write, edit, and revise business correspondence, outlines, summaries, and reports using correct grammar, mechanics, and word usageA.8.1
  2.
  Differentiate between paraphrasing, documentation, and plagiarismA.8.2
  3.
  Demonstrate the ability to paraphrase and document sourcesA.8.3
  4.
  Demonstrate an awareness to language biasA.8.4
  5.
  Plan, draft, and revise a spontaneous piece that demonstrates effective language use, structure, style, and correctnessA.8.5
  1.
  Research and write business-specific technical reports that incorporate graphic aidsA.BS.1
  2.
  Analyze and respond to complex business case studiesA.BS.2
  3.
  Edit business documents to improve content and effectivenessA.BS.3
  4.
  Compose, edit, and produce executive summariesA.BS.4
2. Oral Communications
  6.
  Present brief impromptu remarks pertaining to topics of current or general interestA.8.6
  7.
  Research and present a speech relating to career choicesA.8.7
  8.
  Ask appropriate questions when more information is neededA.8.8
  9.
  Demonstrate and interpret nonverbal cuesA.8.9
  10.
  Demonstrate respect for differences in regional and multicultural communicationA.8.10
  5.
  Give a formal presentation using appropriate graphics, media, and support materialsA.BS.5
  6.
  Present point of view on a current business issueA.BS.6
  7.
  Serve effectively as an interviewer or interviewee in public relations, civic, media, and community situationsA.BS.7
  8.
  Evaluate media and oral presentations analytically and criticallyA.BS.8
  9.
  Preside at meetingsA.BS.9
3. Workplace Communications
  11.
  Identify and define the components of the communication processA.8.11
  12.
  Identify barriers to communicationsA.8.12
  13.
  Make introductions in a variety of situationsA.8.13
  14.
  Describe the steps of problem-solving negotiationA.8.14
  15.
  Describe the characteristics of an effective teamA.8.15
  16.
  Write a thank-you letterA.8.16
  10.
  Use negotiation strategies to resolve a conflictA.BS.10
  11.
  Demonstrate the ability to satisfy a customer's requestA.BS.11
  12.
  Prepare and deliver a presentation for a specific business purposeA.BS.12
  13.
  Participate in and evaluate mock interviewsA.BS.13
  14.
  Discuss the importance of verbal and nonverbal communications during an interviewA.BS.14

Information Systems/Technology

Students in Wisconsin will select and apply current information systems/technology as they relate to personal and business decision-making in light of ethical and social issues.
1. 1.
  Identify hardware components inside the computerB.8.1
2. 2.
  Have a basic understanding and use of file managementB.8.2
3. 3.
  Use a medium to store, retrieve, and backup informationB.8.3
4. 4.
  Explain when to use word processing, spreadsheet, database, and desktop publishing softwareB.8.4
5. 5.
  Demonstrate touch keyboarding skills at acceptable speed and accuracy levelsB.8.5
6. 6.
  Use word processing software to compose, organize, and edit informationB.8.6
7. 7.
  Use spreadsheet software to create, store, retrieve, update, and delete dataB.8.7
8. 8.
  Use database software to store and manipulate dataB.8.8
9. 9.
  Proofread and edit documentsB.8.9
10. 10.
  Demonstrate the use of print functionsB.8.10
11. 11.
  Identify security issues pertaining to computer systemsB.8.11
12. 12.
  Use the Internet to obtain informationB.8.12
13. 1.
  Diagnose and solve problems related to the operation of computer equipmentB.BS.1
14. 2.
  Apply special features of software packages such as galleries, templates, macros, etc.B.BS.2
15. 3.
  Describe how information systems have changed the workplaceB.BS.3
16. 4.
  Explain how information systems have contributed to worker productivityB.BS.4
17. 5.
  Use data to create information to solve business problemsB.BS.5
18. 6.
  Use desktop publishing software to design, create, and produce a variety of publicationsB.BS.6
19. 7.
  Import data, graphics, and scanned images using desktop publishing softwareB.BS.7
20. 8.
  Use multimedia software to design, create, and produce a variety of presentationsB.BS.8
21. 9.
  Design and create a web pageB.BS.9
22. 10.
  Evaluate application software products in terms of their featuresB.BS.10
23. 11.
  Customize application softwareB.BS.11
24. 12.
  Generate complex, multipart documentsB.BS.12
25. 13.
  Use operating system commandsB.BS.13
26. 14.
  Generate business formsB.BS.14
27. 15.
  Generate newsletters and brochuresB.BS.15
28. 16.
  Create documents by merging informationB.BS.16
29. 17.
  Establish and maintain a records management systemB.BS.17

Financial Procedures

Students in Wisconsin will use financial procedures to make decisions about planning, organizing, and allocating resources.
1. 1.
  Calculate sales taxC.8.1
2. 2.
  Make change in a sales transactionC.8.2
3. 3.
  Determine the amount of savings needed for a short-term goalC.8.3
4. 4.
  Verify the accuracy of financial calculationsC.8.4
5. 1.
  Identify, prepare, and analyze financial statementsC.BS.1
6. 2.
  Calculate loan payments with different interest ratesC.BS.2
7. 3.
  Determine cash flow for a businessC.BS.3
8. 4.
  Compare budget figures to actual costsC.BS.4
9. 5.
  Prepare and maintain payroll recordsC.BS.5
10. 6.
  Determine manufacturing costsC.BS.6
11. 7.
  Use technology to maintain, manipulate, and report financial informationC.BS.7

Economics

Students in Wisconsin will use critical-thinking skills to function as citizens who are literate about economics through development of personal consumer economic skills and a knowledge of societal and governmental responsibility.
1. 1.
  Describe the characteristics of a market system (i.e., private property, freedom of choice, self interest, competition, prices set in markets by supply and demand, and limited role of government)D.8.1
2. 2.
  Give examples to explain how businesses depend upon workers with specialized skills to make production more efficientD.8.2
3. 3.
  Identify consumer rights and responsibilitiesD.8.3
4. 4.
  Give examples to show how government provides for the national defense, health and safety, environmental protection, defense of property rights, and the maintenance of free and competitive marketsD.8.4
5. 5.
  Apply economic concepts to consumer decision making, buying, saving, and investingD.8.5
6. 1.
  Explain the basic characteristics of international trade including absolute and comparative advantage, barriers to free trade, exchange rate, and balance of tradeD.BS.1
7. 2.
  Analyze how income will be affected by factors such as supply and demand, location, level of education, type of industry, union or non-union membership, gender, ethnicity, skill levels, work ethics, worker productivity, and market value of what workers produceD.BS.2
8. 3.
  Understand the necessity for choices and the role of the decision-making process for analyzing individual business and societal decisionsD.BS.3
9. 4.
  Compare and contrast the different types of economic systems (command, market, traditional, and mixed)D.BS.4
10. 5.
  Explain the concepts of inflation, unemployment, and Gross Domestic Product and describe how they are measuredD.BS.5

Entrepreneurship

Students in Wisconsin will use business knowledge and preparation to develop an understanding of business operations and the ability and skills necessary to become entrepreneurs.
1. 1.
  Describe the role of entrepreneurs in a market system and explain the benefits and risks of becoming an entrepreneurE.8.1
2. 2.
  Recognize opportunities that would lead to a successful businessE.8.2
3. 3.
  Give examples of how businesses meet societal needsE.8.3
4. 4.
  Explain the impact of competition on profitsE.8.4
5. 5.
  Explain how supply and demand interact to determine priceE.8.5
6. 6.
  Define differences between debt and equity and identify factors that can lead to higher and lower pricesE.8.6
7. 7.
  Contrast the differences among corporations, sole proprietorships, and partnershipsE.8.7
8. 8.
  Discuss major components of a business planE.8.8
9. 9.
  Describe major business activities that occur in any businessE.8.9
10. 10.
  Prepare a personal net worth statementE.8.10
11. 11.
  Explain the basic operations of a small businessE.8.11
12. 1.
  Research the unique contributions of entrepreneurs in the American economyE.BS.1
13. 2.
  Given a business dilemma, identify the problem and analyze possible solutionsE.BS.2
14. 3.
  Design a business plan for a specific businessE.BS.3
15. 4.
  Establish a means for building and maintaining customer loyaltyE.BS.4
16. 5.
  Identify impact of outside sources such as labor unions, trade organizations, and competition when establishing a small businessE.BS.5
17. 6.
  Prepare financial statements for a planned businessE.BS.6
18. 7.
  Evaluate the financial condition of a business based on its financial recordsE.BS.7
19. 8.
  Diagram the organizational structure of a planned businessE.BS.8
20. 9.
  Describe practices associated with cultural diversity that would impact a business moving from the national to the international marketplaceE.BS.9
21. 10.
  Develop a business plan for a specific business based on the concepts of successful entrepreneurship, and defend the plan to an investorE.BS.10

Marketing

Students in Wisconsin will describe how marketing strategies are used in business to meet the needs of consumers.
1. 1.
  Explain the difference between promoting and sellingF.8.1
2. 2.
  Contrast different types of promotional campaignsF.8.2
3. 3.
  List factors that influence consumers to buyF.8.3
4. 4.
  Explain the purposes of promotionF.8.4
5. 5.
  Describe the distribution processF.8.5
6. 6.
  Explain how a business identifies products/services needed and wanted by consumersF.8.6
7. 1.
  Describe and use a marketing planF.BS.1
8. 2.
  Perform market researchF.BS.2
9. 3.
  Test market a product/serviceF.BS.3
10. 4.
  Analyze the life cycle of a product/serviceF.BS.4
11. 5.
  Analyze the various factors in pricing for a product/serviceF.BS.5
12. 6.
  Identify factors that influence the promotional mix of a product/serviceF.BS.6
13. 7.
  Identify the steps of the selling processF.BS.7
14. 8.
  Develop a distribution plan for a product/serviceF.BS.8

International Business

Students in Wisconsin will develop the ability to participate in business transactions in both domestic and international business.
1. 1.
  Recognize major cities in the world and identify the countries in which they are locatedG.8.1
2. 2.
  Identify major holidays in various cultures and discuss how they are celebratedG.8.2
3. 3.
  Identify international cultural differences in food, dress, and social behavior of countriesG.8.3
4. 4.
  Identify basic words and phrases in languages used in business throughout the worldG.8.4
5. 5.
  Define basic business terminology used in international business transactions such as import and exportG.8.5
6. 6.
  Identify examples of imported and exported goodsG.8.6
7. 1.
  List examples of international trade in the local communityG.BS.1
8. 2.
  Explain advantages and disadvantages of trade agreements between and among nationsG.BS.2
9. 3.
  Identify the relationship between international events and the daily conduct of businessG.BS.3
10. 4.
  Identify international trade partnersG.BS.4
11. 5.
  Explain the role of international business at local, regional, and national levelsG.BS.5
12. 6.
  Explain how time zones around the world affect businessesG.BS.6
13. 7.
  Compare the resources (e.g., trade routes, transportation centers, foreign trade zones, etc.) of major cities around the worldG.BS.7
14. 8.
  Detail the processes for securing travel documentsG.BS.8
15. 9.
  Explain the role of U.S. Customs and the customs agencies of other countriesG.BS.9
16. 10.
  Identify the role of translators and interpreters in international business settingsG.BS.10
17. 11.
  Use words and phrases important to business people in a given languageG.BS.11
18. 12.
  Explain appropriate business protocol in international business situationsG.BS.12
19. 13.
  Explain the use of names, titles, and ranks in different cultures and countriesG.BS.13
20. 14.
  Select most appropriate telecommunication methods for given international business situationsG.BS.14
21. 15.
  Define international business terms; such as, nontariff trade barriers, tariff, quota, and balance of tradeG.BS.15
22. 16.
  Explain how changes in exchange rates affect consumers, companies that export goods, and companies that import goodsG.BS.16
23. 17.
  Identify potential problems or "hurdles" of doing business in foreign countriesG.BS.17

Principles of Management

Students in Wisconsin will select and analyze appropriate information from the business function areas such as marketing, finance, accounting, production, and personnel of business to make informed management decisions.
1. 1.
  Identify why business decisions need to be madeH.8.1
2. 2.
  Describe how to collect and analyze the data in order to make business decisionsH.8.2
3. 3.
  Analyze outcomes as a result of business decisionsH.8.3
4. 4.
  Identify personal traits of successful business owners and managersH.8.4
5. 1.
  Analyze the pros and cons of different management decisionsH.BS.1
6. 2.
  Develop short-term strategic plans for a businessH.BS.2
7. 3.
  Describe how the organization provides for accountability through authority and responsibilityH.BS.3
8. 4.
  Measure and compare established employment standardsH.BS.4
9. 5.
  Recognize the role of labor and management unionsH.BS.5
10. 6.
  Understand the importance of employer/employee relationsH.BS.6

Principles of Law

Students in Wisconsin will apply the basic legal principles to their roles as citizens, consumers, and employees.
1. 1.
  Explain why laws are madeI.8.1
2. 2.
  Explain common legal termsI.8.2
3. 3.
  Explain the judicial systemI.8.3
4. 4.
  Identify an individualÕs legal rights and responsibilities in a democratic societyI.8.4
5. 1.
  Describe sources of laws and their effect on individuals and societyI.BS.1
6. 2.
  Identify court systems and proceduresI.BS.2
7. 3.
  Analyze laws governing starting and maintaining a businessI.BS.3
8. 4.
  List the elements of a business contract, and identify and explain the various types of contractsI.BS.4
9. 5.
  Demonstrate an understanding of the legislative process, and exhibit an awareness of legislation affecting businessI.BS.5
10. 6.
  Compare and contrast differences in ethical and legal systems from state to state and nation to nationI.BS.6
11. 7.
  Explain contractual rights and responsibilitiesI.BS.7
12. 8.
  Discuss consumer protection legislationI.BS.8
13. 9.
  Identify contractual capacityI.BS.9
14. 10.
  Discuss the effects of law on employment relationsI.BS.10

Interpersonal and Leadership Skills

Students in Wisconsin will demonstrate interpersonal teamwork and leadership skills necessary to function in multicultural business settings.
1. 1.
  Identify leadership stylesJ.8.1
2. 2.
  Demonstrate the ability to work with othersJ.8.2
3. 3.
  Provide examples of how behavior affects the feelings of othersJ.8.3
4. 4.
  Discuss the importance of honesty when working with othersJ.8.4
5. 5.
  Discuss the importance of integrityJ.8.5
6. 6.
  Describe different cultural behaviors and expectationsJ.8.6
7. 7.
  Distinguish between fact and opinionJ.8.7
8. 8.
  Expand vocabulary to include simple business termsJ.8.8
9. 9.
  Demonstrate respect for others who are different from oneselfJ.8.9
10. 10.
  Describe characteristics of a team working together successfullyJ.8.10
11. 1.
  Practice appropriate interpersonal skills in a business settingJ.BS.1
12. 2.
  Plan and present short presentations individually or as a member of a teamJ.BS.2
13. 3.
  Demonstrate an acceptance of different cultural beliefs and practicesJ.BS.3
14. 4.
  Demonstrate successful listening techniquesJ.BS.4
15. 5.
  Demonstrate professional behavior in the work environmentJ.BS.5
16. 6.
  Participate as a member of a team in a business environmentJ.BS.6
17. 7.
  Use appropriate etiquette when relating to business people of various culturesJ.BS.7
18. 8.
  Demonstrate effective consensus-building techniques in a group situationJ.BS.8
19. 9.
  Identify ways in which honesty and integrity of co-workers affect work performanceJ.BS.9
20. 10.
  Lead a committee or preside at a meetingJ.BS.10
21. 11.
  Explain the different roles people assume when working in groupsJ.BS.11

Career Development

Students in Wisconsin will explore careers and develop skills necessary to make meaningful decisions in a variety of business careers. Students will develop a career cluster focus based on their career development process.
1. 1.
  Identify own talents and interestsK.8.1
2. 2.
  Identify own strengths and weaknesses with examplesK.8.2
3. 3.
  Assess how one's strengths and weaknesses relate to a variety of career optionsK.8.3
4. 4.
  Compare one's skills and aptitudes with various career optionsK.8.4
5. 5.
  Describe several occupations within the business occupational clusterK.8.5
6. 6.
  Initiate a lifework plan to assess self, select high school courses, and identify potential career optionsK.8.6
7. 7.
  Create a career portfolio that includes career research materialsK.8.7
8. 8.
  Compare education optionsK.8.8
9. 9.
  Use a variety of resources to gather information about careersK.8.9
10. 10.
  Relate career interests to opportunities in the global economyK.8.10
11. 11.
  Describe habits needed for career successK.8.11
12. 12.
  Demonstrate effective interpersonal skills in a work team relationshipK.8.12
13. 13.
  Describe appropriate etiquette for work situationsK.8.13
14. 1.
  Identify how one's own strengths match skills needed for business career clusterK.BS.1
15. 2.
  Develop strategies to acquire skills needed for business career clusterK.BS.2
16. 3.
  Identify strategies to use to upgrade and improve performanceK.BS.3
17. 4.
  Explore entrepreneurship opportunitiesK.BS.4
18. 5.
  Explain the need for flexible career planningK.BS.5
19. 6.
  Identify a network of business people who will provide assistance in securing a jobK.BS.6
20. 7.
  Explain the benefits of professional involvementK.BS.7
21. 8.
  Develop a database of professional organizations related to chosen career clusterK.BS.8
22. 9.
  Experience paid school- and work-based opportunities related to business occupational clusterK.BS.9

Frequently asked questions

What grade levels do these standards cover?: Grade 5, Grade 6, Grade 7, and Grade 8
When were these standards adopted?: 1998
Where can I read the official document?: Wisconsin's Model Academic Standards for Business

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