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Introduction to Business, Open (BBI1O)

Business Fundamentals Overall Expectations:

Demonstrate an understanding of how businesses respond to needs, wants, supply, and demand

Compare types of businesses

Demonstrate an understanding of ethics and social responsibility in business

Demonstrate an understanding of the benefits and challenges for Canada in the field of international business

Functions of a Business Overall Expectations:

Explain the role of production in business

Explain the role of human resources in business

Demonstrate an understanding of sound management practices in business

Demonstrate an understanding of the importance and role of marketing in business

Demonstrate an understanding of the importance and role of accounting in business

Demonstrate an understanding of the importance and role of information and communication technology in business

Finance Overall Expectations:

Demonstrate an understanding of income and spending issues facing individuals and businesses

Demonstrate an understanding of how banks and other financial institutions operate

Demonstrate an understanding of effective investment practices

Analyse the role and importance of credit in personal and business finance

Entrepreneurship Overall Expectations:

Describe characteristics and skills associated with successful entrepreneurs and demonstrate an understanding of the contributions to Canadian business of selected entrepreneurs

Analyse the importance of invention and innovation in entrepreneurship