The National Content Standards for Entrepreneurship Education

Summary

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Copyright (c) 2004 by the Consortium for Entrepreneurship Education

Entrepreneurial Skills

The Processes and Traits/Behaviors associated with entrepreneurial success.

A

Entrepreneurial Processes

Understands concepts and processes associated with successful entrepreneurial performance

Discovery

Concept Development

Resourcing

Actualization

Harvesting

B

Entrepreneurial Traits/Behaviors

Understands the personal traits/behaviors associated with successful entrepreneurial performance

Leadership

Personal Assessment

Personal Management

Ready Skills

The basic business knowledge and skills that are prerequisites or co-requisites for becoming a successful entrepreneur.

C

Business Foundations

Understands fundamental business concepts that affect business decision making

Business Concepts

Business Activities

D

Communications and Interpersonal Skills

Understands concepts, strategies, and systems needed to interact effectively with others

Fundamentals of Communication

Staff Communications

Ethics in Communication

Group Working Relationships

Dealing with Conflict

E

Digital Skills

Understands concepts and procedures needed for basic computer operations

Computer Basics

Computer Applications

F

Economics

Understands the economic principles and concepts fundamental to entrepreneurship/small-business ownership

Basic Concepts

Cost-Profit Relationships

Economic Indicators/Trends

Economic Systems

International Concepts

G

Financial Literacy

Understands personal money-management concepts, procedures, and strategies

Money Basics

Financial Services

Personal Money Management

H

Professional Development

Understands concepts and strategies needed for career exploration, development, and growth

Career Planning

Job-Seeking Skills

Business Functions

The business activities performed by entrepreneurs in managing the business.

I

Financial Management

Understands the financial concepts and tools used in making business decisions

Accounting

Finance

Money Management

J

Human Resource Management

Understands the concepts, systems, and strategies needed to acquire, motivate, develop, and terminate staff

Organizing

Staffing

Training/Development

Morale/Motivation

Assessment

K

Information Management

Understands the concepts, systems, and tools needed to access, process, maintain, evaluate, and disseminate information for business decision-making

Record keeping

Technology

Information Acquisition

L

Marketing Management

Understands the concepts, processes, and systems needed to determine and satisfy customer needs/wants/expectations, meet business goals/objectives, and create new product/service ideas

Product/Service Creation

Marketing-information Management

Promotion

Pricing

Selling

M

Operations Management

Understands the processes and systems implemented to facilitate daily business operations.

Business Systems

Channel Management

Purchasing/Procurement

Daily Operations

N

Risk Management

Understands the concepts, strategies, and systems that businesses implement and enforce to minimize loss

Business Risks

Legal Considerations

O

Strategic Management

Understands the processes, strategies, and systems needed to guide the overall business organization

Planning

Controlling

 

Copyright (c) 2004 by the Consortium for Entrepreneurship Education