Course · AL

Entrepreneurship

Career and Technical Education, Alabama State Department of Education (ALSDE)

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Entrepreneurship focuses on the skills needed to organize, develop, create, and manage a business in a variety of environments. Course standards are designed to foster an entrepreneurial mindset; encourage innovation, critical thinking, and problem-solving in a fast-paced professional setting; and build basic knowledge of various entrepreneurial ventures.

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Skills taught

Discuss and demonstrate ways to value diversity. ofExplain the concepts and processes associated with successful entrepreneurial performanceDiscuss the entrepreneurial discovery process and the risks and rewards of being an entrepreneurExplain the fundamental concepts of business ownershipCompare and contrast types of business ownership, indicating their advantages and disadvantages for entrepreneursExplain the concepts, systems, and tools needed to gather, access, synthesize, evaluateIdentify the concepts, strategies, and systems needed to implement and obtain support for an entrepreneurial entityIdentify the elements needed in a formal written business plan, including an executive summary; introductionGather and share information on the concepts, processes, systems, strategiesExplain the processes and strategies used in selecting a business location whether brick-and-mortar, e-business, or bothGather, evaluate, and share information on the processes, strategiesGather and share information on legal issues affecting businessesObtain and share information on product strategiesIdentify and explain place strategiesIdentify and explain pricing strategiesIdentify and explain promotion strategiesIdentify and explain selling strategiesIdentify the ethical, social, and environmental responsibilities of businesses in relation to employees, customers
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