What grade levels do these standards cover?

Grade 1, Grade 2, Grade 3, Grade 4, and Kindergarten

Where can I read the official document?

Wisconsin's Model Academic Standards for Business

K–12 Standards

Business (1998): Grades K, 1, 2, 3, 4
Other Wisconsin CTE sets
CTE (2013): Grades Pre-K, K, 1, 4, 5
CTE (2013): Grades 2, 3
Business (1998): Grades 5, 6, 7, 8
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.
  Demonstrate correct spelling, grammar, word usage, and legible writingA.4.1
  2.
  Write, edit, and revise an original, creative work incorporating correct spelling, grammar, and punctuationA.4.2
  3.
  Compose simple requests for informationA.4.3
  4.
  Take simple notesA.4.4
  5.
  Compose a standard business letterA.4.5
  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.
  Express wants, needs, and feelingsA.4.6
  7.
  Demonstrate the difference between opinion and factA.4.7
  8.
  Participate in group discussion and role playingA.4.8
  9.
  Demonstrate telephone etiquetteA.4.9
  10.
  Follow oral directionsA.4.10
  11.
  Demonstrate the ability to listen for meaningA.4.11
  12.
  Record complete and accurate messages and notesA.4.12
  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
  13.
  Give and follow simple instructionsA.4.13
  14.
  Greet people appropriately in a variety of situationsA.4.14
  15.
  Take turns communicating in a group situationA.4.15
  16.
  Deliver informal appreciation messages in a variety of situationsA.4.16
  17.
  Make a written/oral requestA.4.17
  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 componentsB.4.1
2. 2.
  Open and close a programB.4.2
3. 3.
  Save and retrieve a fileB.4.3
4. 4.
  Develop touch keyboarding techniquesB.4.4
5. 5.
  Use various input devicesB.4.5
6. 6.
  Compose simple information using a keyboardB.4.6
7. 7.
  Proofread and edit documentsB.4.7
8. 8.
  Print a documentB.4.8
9. 9.
  Use graphic software to paint or drawB.4.9
10. 10.
  Access the InternetB.4.10
11. 11.
  Listen to speakers who use current technologyB.4.11
12. 1.
  Diagnose and solve problems related to the operation of computer equipmentB.BS.1
13. 2.
  Apply special features of software packages such as galleries, templates, macros, etc.B.BS.2
14. 3.
  Describe how information systems have changed the workplaceB.BS.3
15. 4.
  Explain how information systems have contributed to worker productivityB.BS.4
16. 5.
  Use data to create information to solve business problemsB.BS.5
17. 6.
  Use desktop publishing software to design, create, and produce a variety of publicationsB.BS.6
18. 7.
  Import data, graphics, and scanned images using desktop publishing softwareB.BS.7
19. 8.
  Use multimedia software to design, create, and produce a variety of presentationsB.BS.8
20. 9.
  Design and create a web pageB.BS.9
21. 10.
  Evaluate application software products in terms of their featuresB.BS.10
22. 11.
  Customize application softwareB.BS.11
23. 12.
  Generate complex, multipart documentsB.BS.12
24. 13.
  Use operating system commandsB.BS.13
25. 14.
  Generate business formsB.BS.14
26. 15.
  Generate newsletters and brochuresB.BS.15
27. 16.
  Create documents by merging informationB.BS.16
28. 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.
  Recognize different denominations of currency and coinsC.4.1
2. 2.
  Identify the value of each denominationC.4.2
3. 3.
  Calculate mathematics problems requiring adding, subtracting, multiplying, and dividing different denominationsC.4.3
4. 4.
  Estimate mathematical calculationsC.4.4
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.
  Understand that productive resources are limited and that people cannot have all the goods and services they want; as a result they must choose some things and give up others. Identify the opportunity cost of a decision when one alternative is chosenD.4.1
2. 2.
  Define economic wants and explain how they are satisfiedD.4.2
3. 3.
  Identify factors that can influence the prices of goods and servicesD.4.3
4. 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
5. 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
6. 3.
  Understand the necessity for choices and the role of the decision-making process for analyzing individual business and societal decisionsD.BS.3
7. 4.
  Compare and contrast the different types of economic systems (command, market, traditional, and mixed)D.BS.4
8. 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.
  Identify characteristics of an entrepreneur (business owner)E.4.1
2. 2.
  Identify reasons for keeping financial recordsE.4.2
3. 3.
  Explain the cost of theft to businessE.4.3
4. 1.
  Research the unique contributions of entrepreneurs in the American economyE.BS.1
5. 2.
  Given a business dilemma, identify the problem and analyze possible solutionsE.BS.2
6. 3.
  Design a business plan for a specific businessE.BS.3
7. 4.
  Establish a means for building and maintaining customer loyaltyE.BS.4
8. 5.
  Identify impact of outside sources such as labor unions, trade organizations, and competition when establishing a small businessE.BS.5
9. 6.
  Prepare financial statements for a planned businessE.BS.6
10. 7.
  Evaluate the financial condition of a business based on its financial recordsE.BS.7
11. 8.
  Diagram the organizational structure of a planned businessE.BS.8
12. 9.
  Describe practices associated with cultural diversity that would impact a business moving from the national to the international marketplaceE.BS.9
13. 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.
  Determine product/service preferences of classmates and family membersF.4.1
2. 1.
  Describe and use a marketing planF.BS.1
3. 2.
  Perform market researchF.BS.2
4. 3.
  Test market a product/serviceF.BS.3
5. 4.
  Analyze the life cycle of a product/serviceF.BS.4
6. 5.
  Analyze the various factors in pricing for a product/serviceF.BS.5
7. 6.
  Identify factors that influence the promotional mix of a product/serviceF.BS.6
8. 7.
  Identify the steps of the selling processF.BS.7
9. 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.
  Identify a currency used in another countryG.4.1
2. 2.
  Identify metric measurementsG.4.2
3. 3.
  Identify different countries in the worldG.4.3
4. Identify a product which is produced in another country
5. 1.
  List examples of international trade in the local communityG.BS.1
6. 2.
  Explain advantages and disadvantages of trade agreements between and among nationsG.BS.2
7. 3.
  Identify the relationship between international events and the daily conduct of businessG.BS.3
8. 4.
  Identify international trade partnersG.BS.4
9. 5.
  Explain the role of international business at local, regional, and national levelsG.BS.5
10. 6.
  Explain how time zones around the world affect businessesG.BS.6
11. 7.
  Compare the resources (e.g., trade routes, transportation centers, foreign trade zones, etc.) of major cities around the worldG.BS.7
12. 8.
  Detail the processes for securing travel documentsG.BS.8
13. 9.
  Explain the role of U.S. Customs and the customs agencies of other countriesG.BS.9
14. 10.
  Identify the role of translators and interpreters in international business settingsG.BS.10
15. 11.
  Use words and phrases important to business people in a given languageG.BS.11
16. 12.
  Explain appropriate business protocol in international business situationsG.BS.12
17. 13.
  Explain the use of names, titles, and ranks in different cultures and countriesG.BS.13
18. 14.
  Select most appropriate telecommunication methods for given international business situationsG.BS.14
19. 15.
  Define international business terms; such as, nontariff trade barriers, tariff, quota, and balance of tradeG.BS.15
20. 16.
  Explain how changes in exchange rates affect consumers, companies that export goods, and companies that import goodsG.BS.16
21. 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 management positions within your school buildingH.4.1
2. 2.
  Contrast the different levels of management in your school building and how their responsibilities differH.4.2
3. 1.
  Analyze the pros and cons of different management decisionsH.BS.1
4. 2.
  Develop short-term strategic plans for a businessH.BS.2
5. 3.
  Describe how the organization provides for accountability through authority and responsibilityH.BS.3
6. 4.
  Measure and compare established employment standardsH.BS.4
7. 5.
  Recognize the role of labor and management unionsH.BS.5
8. 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 rules at home and understand the rationale for these rulesI.4.1
2. 2.
  Identify school rules and the rationale for these rulesI.4.2
3. 3.
  Recognize community laws and their rationaleI.4.3
4. 1.
  Describe sources of laws and their effect on individuals and societyI.BS.1
5. 2.
  Identify court systems and proceduresI.BS.2
6. 3.
  Analyze laws governing starting and maintaining a businessI.BS.3
7. 4.
  List the elements of a business contract, and identify and explain the various types of contractsI.BS.4
8. 5.
  Demonstrate an understanding of the legislative process, and exhibit an awareness of legislation affecting businessI.BS.5
9. 6.
  Compare and contrast differences in ethical and legal systems from state to state and nation to nationI.BS.6
10. 7.
  Explain contractual rights and responsibilitiesI.BS.7
11. 8.
  Discuss consumer protection legislationI.BS.8
12. 9.
  Identify contractual capacityI.BS.9
13. 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.
  Work cooperatively in a groupJ.4.1
2. 2.
  Follow oral directionsJ.4.2
3. 3.
  Demonstrate courtesy to othersJ.4.3
4. 4.
  Demonstrate respect to othersJ.4.4
5. 5.
  Demonstrate good mannersJ.4.5
6. 6.
  Respect the rights and feelings of othersJ.4.6
7. 7.
  Describe the advantages of working together as a teamJ.4.7
8. 8.
  Discuss the importance of being able to work together with people who are different from oneselfJ.4.8
9. 1.
  Practice appropriate interpersonal skills in a business settingJ.BS.1
10. 2.
  Plan and present short presentations individually or as a member of a teamJ.BS.2
11. 3.
  Demonstrate an acceptance of different cultural beliefs and practicesJ.BS.3
12. 4.
  Demonstrate successful listening techniquesJ.BS.4
13. 5.
  Demonstrate professional behavior in the work environmentJ.BS.5
14. 6.
  Participate as a member of a team in a business environmentJ.BS.6
15. 7.
  Use appropriate etiquette when relating to business people of various culturesJ.BS.7
16. 8.
  Demonstrate effective consensus-building techniques in a group situationJ.BS.8
17. 9.
  Identify ways in which honesty and integrity of co-workers affect work performanceJ.BS.9
18. 10.
  Lead a committee or preside at a meetingJ.BS.10
19. 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 likes and dislikes and careers that match these preferencesK.4.1
2. 2.
  Identify what he/she does wellK.4.2
3. 3.
  Identify what he/she needs to improveK.4.3
4. 4.
  Identify various types of occupations in the communityK.4.4
5. 5.
  Describe careers of immediate family membersK.4.5
6. 6.
  Demonstrate ability to work cooperatively with other students and family membersK.4.6
7. 1.
  Identify how one's own strengths match skills needed for business career clusterK.BS.1
8. 2.
  Develop strategies to acquire skills needed for business career clusterK.BS.2
9. 3.
  Identify strategies to use to upgrade and improve performanceK.BS.3
10. 4.
  Explore entrepreneurship opportunitiesK.BS.4
11. 5.
  Explain the need for flexible career planningK.BS.5
12. 6.
  Identify a network of business people who will provide assistance in securing a jobK.BS.6
13. 7.
  Explain the benefits of professional involvementK.BS.7
14. 8.
  Develop a database of professional organizations related to chosen career clusterK.BS.8
15. 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 1, Grade 2, Grade 3, Grade 4, and Kindergarten
When were these standards adopted?: 1998
Where can I read the official document?: Wisconsin's Model Academic Standards for Business

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