Course Description:

This course introduces students to the world of business. Students will develop an understanding of the functions of business, including accounting, marketing, information and communication technology, human resources, production, and of the importance of ethics and social responsibility. This course builds a foundation for further studies in business and helps students develop the business knowledge and skills they will need in their everyday lives.

Aims and Objectives:

• Explain the role of trade in International market.
• Compare types of trade.
• Explain the role of economics at a very basic level.
• Explain the interaction between demand and supply.
• Demonstrate and identify the major ways of measuring economic activity.
• Demonstrate an understanding of how businesses respond to needs, wants, supply, and demand.
• 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.
• Analyze the role and importance of credit in personal and business finance.
• Describe characteristics and skills associated with successful entrepreneurs.
• Demonstrate an understanding of the contributions to Canadian business of selected entrepreneurs.
• Analyze the importance of invention and innovation in entrepreneurship.
• Demonstrate the role of quality management in the business.

Expectations:

• Business Fundamentals

By the end of this course, students will:

1. Demonstrate an understanding of how businesses respond to global marketplace.
2. Compare types of trade.
3. Demonstrate an understanding of the benefits and challenges.

• Basic Economics

By the end of this course, students will:

1. Explain the role of Economics.
2. Demonstrate and identify four macroeconomic issues that are essential to understanding the behavior of the economy.
3. Outline the debate over deregulation, and identify four key roles that governments play in the economy.

• Finance

By the end of this course, students will:

1. Demonstrate an understanding of effective investment practices.
2. Analyze the role and importance of credit in personal and business finance.

• Entrepreneurship

By the end of this course, students will:

1. Describe characteristics and skills associated with successful entrepreneurs.
2. Demonstrate an understanding of the contributions to Canadian business of selected entrepreneurs.
3. Analyze the importance of invention and innovation in entrepreneurship.

• Quality Management

By the end of this course, students will:

1. Describe characteristics and skills associated with Quality and ISO standards of Quality.
2. Analyze the importance of quality management and standardization.

Unit-wise Progression:

Teaching/Learning Methodologies:

This course scaffolds learning by providing students with opportunities to review and activate prior knowledge (e.g. reviewing concepts related to domain of business and accounting), and build off of this knowledge to acquire new skills. The course guides students toward recognizing opportunities to apply knowledge they have gained and try to apply them in daily life for better understanding. This course connects the concepts taught to real-world situation like running businesses currently in the market. Through the use of real time modeling, the course represents various ways to demonstrate understanding, poses questions that require students to use different depictions as they are working at each level of conceptual development and allows individual students the time they need to solidify their understanding at each conceptual stage. Through the use of interactive activities (e.g. multiple choice quizzes and drag-and-drop activities) students receive instantaneous feedback and are able to self- assess their understanding of concepts. A few of the things students will be provided are the following:

• Lesson plans
• PowerPoint presentations
• Videos
• Reading Packs
• Assignment for Learning
• Assessment of Learning
• Quiz   

All of these are a cluster of downloadable and embedded files that will be provided to each candidate with the progression of the course.

E-Learning Approach:

E-learning is not only a training method but it is a learning method that is tailored to individuals. It is found that different terminologies have been used to define learning that takes place online which actually makes difficult to develop a generic definition.

E-learning includes the delivery of content via Internet, Intranet, and Extranet, satellite broadcast, audio-video tape, interactive TV and CD-ROM. The term implies that the learner is at a distance from the tutor or instructor, that the learner uses some form of technology.

With attention to this new system of education that is spreading across the globe its imperative that the content of such study programs are enhanced and modified to serve both the learner and the instructor well whilst dealing with the gap of conventional studying methodologies. Thus the courses promise its reader an experience full of engagement, student-concentric approach, personalization and Interaction.  Using a wide array of multimedia tools, cloud based LMS and diverse repository of subject tailored audio-visual material that student can utilize and learn in a stimulated work environment where he’s in charge of his work hours.

Our e-learners paddle through these courses in the mediation of skilled mentors to the finish line with understanding of their subjects application into real world problems following a futuristic model of education.

Strategies for Assessment and Evaluation of Student Performance:

Assessment is the ongoing gathering of information related to the individual student’s progress in achieving the curriculum expectations of the course. To guide the student to his/her optimum level of achievement, the teacher provides consistent and detailed feedback and guidance leading to improvement. Strategies may include:

• Diagnostic assessment
• Formative assessment
• Summative assessment
• Performance assessment
• Portfolio assessment
• Rubrics
• Checklists

The final grade will be based on:

Resources Required by the Student:

• Microsoft Suite (Word, Excel, Power-point etc.)
• A laptop, or Mac, or Android, or any other operating system functional enough to use the web browser and use online software’s.
• Curriculum Reference: The Ontario Curriculum, Business