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Course Profile   Introduction to Entrepreneurial Studies, Grade 11, College Preparation, Catholic

 

Course Overview

 

Course Profiles are professional development materials designed to help teachers implement the new Grade 11 secondary school curriculum. These materials were created by writing partnerships of school boards and subject associations. The development of these resources was funded by the Ontario Ministry of Education. This document reflects the views of the developers and not necessarily those of the Ministry. Permission is given to reproduce these materials for any purpose except profit. Teachers are also encouraged to amend, revise, edit, cut, paste, and otherwise adapt this material for educational purposes.

 

Any references in this document to particular commercial resources, learning materials, equipment, or technology reflect only the opinions of the writers of this sample Course Profile, and do not reflect any official endorsement by the Ministry of Education or by the Partnership of School Boards that supported the production of the document.

 

© Queen’s Printer for Ontario, 2001

 

Acknowledgments

Catholic District School Board Writing Teams – Introduction to Entrepreneurial Studies

 

Project Manager

Bob Baran, London District Catholic School Board

 

Lead Writer

Frank McMahon, Catholic Central

 

Writers

Frank O’Connor, St. Thomas Aquinas

Josie Schneider, St. Thomas Aquinas

 

Reviewers

Religion Advisor

Tim McDonald, St. Thomas Aquinas

 

Destination/Community Reviewer

Dennis Gravelle, Fanshawe College

 

Teacher Reviewer

Kendall Brownlee, Our Lady of Mount Carmel

 

 

Course Overview

Introduction to Entrepreneurial Studies, Grade 11, College Preparation, BDI3C

Course Description

Introduction to Entrepreneurial Studies is designed to foster the entrepreneurial spirit in students and encourage them to pursue any interest they may have in that area. Students will start by examining entrepreneurial skills and characteristics required to become successful independently or as part of a larger organization. Next, students will explore the concept of recognizing an opportunity and developing it into an idea that can be transformed into a venture. All of the resources required will be examined including marketing, accounting, and human resources. The course will culminate with the creation of a venture plan drawing together all of the concepts that were learned throughout the course.

How This Course Supports the Catholic School Graduate Expectations

“Economic activity is to be carried out according to its own methods and laws but within the limits of morality, so that God’s plan for human kind can be realized” (Pastoral Constitution of the Church in the Modern World, no. 64).

Introduction to Entrepreneurship introduces students to concepts of entrepreneurship which are integrated with the social teachings of the church. It is a fundamental belief that work, in all its facets, is more than a job. It is a calling, a vocation, where the human person can use his/her talents and gifts in the context of society, and thereby promote social responsibility and economic participation while affirming the principles of social justice, solidarity, and the common good.

Work is a fundamental dimension of human life. It is participation in God’s work. The value of work, therefore, is not based on its end result but on whether it supports human dignity.

It is in this context that the responsibilities of organizing and operating a venture will be examined and students will be encouraged to integrate their faith with this planning of a venture. Issues such as choosing an ethical business or venture, fair treatment of customers and clients, the dignity of the employee, the value of work, and sharing of profits with society are all examined. Students will be encouraged to make ethical decisions and act morally and justly.

Course Notes

In the first unit of this course, the students examine the characteristics and skills that are common to many entrepreneurs. The students will also take a personal inventory of these skills and characteristics to determine if they have the entrepreneurial drive. This involves a variation of activities that all students will have completed in the Grade 10 Career Studies course. The next three units examine what is required to develop a venture plan (identifying opportunities and ideas, organizing the resources needed to operate a venture, and developing a financial plan), while the final unit is the development of the actual plan. An effective way to offer this course is to have the students develop their venture plan throughout the course. This works well for the students for two reasons. First, the students can apply a concept learned immediately to the venture being developed. Second, rather than having to face the daunting task of developing an entire venture plan in the final weeks of the course, the students will simply be fine tuning the final product that they have developed over the previous three (or six) months. Venture plan assignments can be submitted throughout the year and the teacher can work with students on weaknesses and missing items. Students will then take the feedback from the teacher to modify their venture plans.

Units:  Time and Sequence

Unit 1

Enterprising People and Entrepreneurs

15 hours

* Unit 2

Ideas and Opportunities

25 hours

Unit 3

Organizing Resources

20 hours

Unit 4

The Financial Plan

25 hours

Unit 5

The Venture Plan

25 hours

* This unit is developed in this Course Profile.

(The Venture Plan preparation of this unit can be offered at the end of the course or as concepts are taught. See Course Notes section for details.)

Teaching/Learning Strategies

Students should be offered a wide variety of teaching strategies. These strategies fall into three different categories: teacher-centred, learner-centred, and self-directed.

Teacher-Centred Strategies

Teacher-centred strategies are those in which the teacher directs the learning. The teacher-centred strategies introduce to students concepts as they relate to the venture plan. Teachers may find these strategies useful as ways to introduce general topics (such as market penetration) and then allow students to apply the concept to their own venture.

Learner-Centred Strategies

Learner-centred strategies, which are activity based, provide students with opportunities to actively apply what they have learned. These strategies help students develop problem-solving as well as collaborative skills. There are many opportunities for students to apply what has been introduced through teacher-centred activities.

Self-Directed Strategies

Self-directed strategies may be used to promote independence and self-reliance. By using these strategies students learn to take responsibility for and manage their own learning.

Teacher-Centred

Student-Centred

Self-Directed

·         Overhead

·         Teacher-led Review

·         Work/Task

·         Sheet

·         Board Work

·         Note Taking

·         Video

·         Guest Speaker

·         Socratic

·         Creation of a Venture Plan

·         Note Making

·         Student Presentation

·         Demonstration

·         Creation of Product

·         Visual Organizers

·         Guest Speaker

·         Group Discussion

·         Role Playing

·         Computer Lab Work

·         Field Trip

·         Group Project

·         Peer Helping

·         Debate

·         Creativity Exercises

·         Case Studies

·         Internet Interest Surveys

·         Sharing

·         Displays

·         Electronic Research

·         Computer-Assisted Learning

·         Marketing Questionnaires and Surveys

·         Journals

Assessment & Evaluation of Student Achievement

The primary purpose of assessment and evaluation is to improve student learning. Teachers should employ a variety of assessment techniques frequently throughout the course in order to communicate the expectations of the course to students, make appropriate adjustments to teaching/learning strategies as required, and accommodate the special needs of students. If the teacher chooses to assign the Venture Plan throughout the course, then the student can take the feedback from the ongoing work and make changes. Assessment is the process of gathering information from a variety of sources. Student input into the assessment process should be welcomed and valued.

Formative

Summative

·         Informal and Formal Observation

·         Assignments

·         Interviews

·         Venture Plan

·         Verbal Feedback

·         Quizzes

·         Written Feedback

·         Tests

·         Graphic Organizers

·         Rubrics

·         Presentations

 

·         Individual and Group Assignments

 

·         Rubrics

 

 

Seventy per cent of the grade will be based on assessment and evaluations conducted throughout the course. Thirty per cent of the grade will be based on a final evaluation in the form of examination, performance, essay and/or other method of evaluation.

Accommodations

The following considerations apply to each of the units in this course.

Any student or group of students may require accommodations in response to specific needs at different times and in varied circumstances.

Appropriate accommodations should be part of the planning of each unit activity in terms of the particular students in the class and their specific needs.

Instructional and assessment activities must take into account the strengths, needs, learning expectations, and accommodations as identified in the Individual Education Plan whether students are formally identified or not (Regulation 181/98). Teachers will consult individual student IEPs for specific direction on accommodation for individuals.

Accommodations to curriculum, instruction, assessment, and evaluation may include, but are not limited to:

Reading Difficulties

·         read questions first

·         modify reading requirements

·         use reading partners

·         pre-teach concepts/ vocabulary

·         highlight notes

·         use visuals

·         use videos

·         read instructions

Math Difficulties

·         check work after each example

·         relate problems to real life

·         modify complexity of examples

·         review daily

·         teach use of diagrams

·         teach use of calculator

·         use hands-on manipulatives

·         adjust number of problems

Memory Difficulties

·         teach students to verbalize concepts

·         check that daily assignments are recorded in planner

·         avoid recall questions

·         insist student write things down-

·         provide lists and/or flow charts

·         give visual clues

·         give demonstrations

·         teach Mnemonics

Oral Language Difficulties

·         provide non-threatening environments

·         do not ask the students to respond to questions without forewarning

·         use cooperative learning

·         work one-to-one

·         have realistic expectations

·         provide choices

·         use electronic medium

·         permit small groups or pairs

Motivation Difficulties

·         provide a variety of types of assignments

·         create personalized assignments

·         set realistic goals and expectations

·         avoid public confrontation

·         provide praise and positive feedback

·         be flexible with timelines

·         conference one-to-one basis

·         maintain contact with home

Written Language Difficulties

·         vary assignments

·         give explicit instructions

·         allow more time

·         provide photocopied notes

·         allow point-form notes

·         don’t penalize mechanics

·         use peer editing

·         teach use of spell check

Attention Difficulties

·         provide a variety of activities and teaching techniques

·         give blocks of information and vary the activities frequently

·         use cooperative learning

·         ask students to repeat instructions to you

·         provide immediate feedback

·         move around room

·         use visuals

·         ensure students see an end in sight

ESL

·         pair or group students with English speakers

·         provide note making guide

·         promote peer tutoring

·         encourage use of first language English dictionaries for assignments and assessment

·         pair written instructions with verbal instructions

·         provide visual and auditory clues

·         allow extra time for reading or writing assignments

·         ask an ESL/ELD teacher to review questions, assignments, or assessment instruments

Unit Overviews

Unit 1:  Enterprising People and Entrepreneurs

Unit Description

This unit focuses on the characteristics and skills of successful business people. This unit has students investigate both intrapreneurial and entrepreneurial opportunities in business today. They will look at how enterprising people become successful within the organizations that employ them. Students will also look at examples of entrepreneurs and examine what helped them and their venture become successful. Students will investigate entrepreneurs in both their local and surrounding communities and evaluate their contribution to the economy and to the community (for the good of the community). If possible, students should be allowed to shadow an entrepreneur for a day to experience entrepreneurship. Students will begin to assess their own entrepreneurial skills and characteristics by creating and developing a portfolio. This unit is detailed in the Public Profile.

Unit Overview Chart

Cluster

Expectations

Assessment

Focus

1

CGE1d, CGE5f

EP1.01, EP1.02, EP1.04, EP2.01, EP2.02, EP2.03, EP3.02, EPV.01, EPV.02, EPV.03

Knowledge/
Understanding

Communication

Application

Making Connections

Types and Characteristics of Successful Business People (Research and present successful (Catholic) business persons in their community and describe their traits)

2

CGE3c, CGE6e

EP1.02, EP1.03, EP3.03, EP2.04, EPV.01, EPV.03

Thinking/Inquiry

Application

Making Connections

Business in the Community (Examine the contributions of local (Catholic) businesses in the community)

3

CGE5b, CGE5a, CGE3b, CGE4b, CGE7h, CGE7j

EP3.01, EP3.04, EPV.03

Thinking/Inquiry

The Pioneering Spirit (Discuss ways a business can promote intrapreneurship)

4

CGE3f, CGE3e, CGE5h, CGE5g, CGE4h, CGE5c

EP1.05, EP2.04, EP4.01, EP4.02, EP4.03, EP4.04, EPV.04

Thinking/Inquiry

Communication

Application

Making Connections

Skills and Portfolio Development (Students will discover their own entrepreneurial characteristics and develop complementary skills)

 

Unit 2:  Ideas and Opportunities

Unit Description

This unit examines the inventing and innovation processes and their impact on Canadians. Students will begin by defining innovation and invention. They will look at Canadian inventors and innovators and discuss their contributions to Canada and the world. Creativity and the generation of ideas are covered. Students will be introduced to the importance of marketing and market research. Finally, students will select an idea for a venture plan and perform market research to determine its viability. This unit is detailed in the Catholic Profile.

Unit Overview Chart

Cluster

Expectations

Assessment

Focus

1

CGE2b, CGE2e, CGE3c

IOV.01, IOV.02, IO1.01, IO1.05, IO2.03, IO1.06

Knowledge/Understanding

Communication

Thinking/Inquiry

Innovation and Invention. (Define innovation and invention. Explore Patent website. Report on local company.)

2

CGE1d, CGE1g, CGE1i, CGE2b, CGE2c, CGE2d, CGE5a, CGE5, CGE5c

IOV.01, IOV.02, EPV.03, EPV.02, IO1.02, IO1.03, IO1.04, IO1.06

Knowledge/Understanding

Communication

Thinking/Inquiry

Canadian inventors and innovators. (Assignment on Canadian inventors and innovators.)

3

CGE4d, CGE4f, CGE1d CGE1g, CGE1i, CGE2b, CGE2c, CGE5a, CGE5b, CGE5c

IOV.05, IOV.06, IO2.05, IO2.06

Knowledge/Understanding

Communication

Thinking/Inquiry

Forecasting Areas of Opportunity (Assignment and presentation on future trends and opportunities.)

4

CGE2e, CGE3b, CGE3c, CGE4f, CGE5a, CGE7a, CGE7i

IOV.03, IO3.01, IO3.02, IO3.03

Thinking/Inquiry

Communications

Knowledge/Understanding

Application

Making Connections

Generating Ideas (Generating ideas activity. Assessment of Venture Plan idea.)

5

CGE2c, CGE3d, CGE4f, CGE5a, CGE5g, CGE7g

IOV.04, IO4.01, IO4.02, IO4.03, IO4.04

Knowledge/Understanding

Thinking/Inquiry

Application

Making Connections

Communication

Conducting Market Research (Primary market research assignment.)

6

CGE1d, CGE2c, CGE3b, CGE3c, CGE3d

IOV.05, IO5.01, IO5.02, IO5.03, IO5.04

Application

Making Connections

Communication

Thinking/Inquiry

Knowledge/Understanding

Starting the Venture Plan (Students will come up with possible opportunities and ideas for a venture and select the best.)

Unit 3:  Organizing Resources

Unit Description

Students will analyse and organize the resources that could be required to create a new venture. Through application, students will develop an understanding of the components of an effective production plan, the process involved in developing and delivering a new product, employee roles in a venture, start-up costs and financial risk. Students will compare ways to distribute a new venture, methods of advertising and promoting a venture, and product/service pricing in order to produce an effective marketing plan. A class trip to a local business (one that is starting up or expanding) would assist in the delivery of this unit.

Unit Overview Chart

Cluster

Expectations

Assessment

Focus

1

CGE4f, CGE7i, CGE3d

ORV.01, OR1.01, OR1.02, OR2.03, OR2.04

Thinking/Inquiry

Application

Making Connections

Communications

Knowledge/
Understanding

Requirements for Venture Creation (Students list everything required to start a certain type of business, e.g., employees, licences, assets, etc.).

2

CGE7i, CGE4f, CGE4b, CGE4a

ORV.01, OR1.01, OR1.03, OR1.04, OR1.05, OR2.02, OR2.03, OR2.04, OR3.01, OR3.02

Thinking/Inquiry

Communication

Application

Making Connections

Resources in community (Students determine how to get the items listed above in their own community. Guest speakers would be helpful.)

3

CGE2e, CGE2c, CGE3d, CGE7a, CGE7f, CGE7g

ORV.03, OR3.01, OR3.02, OR3.03, OR3.04

Application

Making Connections

Communication

Marketing (Students prepare a questionnaire, advertisement, etc. for a product or their venture.)

4

CGE3d, CGE4f, CGE6c, CGE5e, CGE7i

ORV.02, OR1.01, OR1.02, OR1.03, OR1.05, OR2.01, OR2.02, OR2.03, OR2.04, OR2.05, OR3.03

Application

Making Connections

Knowledge/
Understanding

Production (Students develop a production plan for a simple product. Field trip to a local business.)

Unit 4:  The Financial Plan

Unit Description

This unit introduces the process required to develop a sound financial plan for a business venture starting with the establishment of clear, specific, and measurable financial objectives. By familiarizing learners with the language of business and finance, they will develop an understanding of the proper procedures required to create sound cash flow projections and financial statements. Students will demonstrate critical analysis of cash flow projections, income statements, and balance sheets using problem-solving techniques to resolve financial problems characteristic of new ventures. Through the exploration of possible sources of raising capital, students will compare the advantages and disadvantages of various business financing. Students will compare the sources of capital required to meet a venture’s financial needs and develop contingency plans as a venture’s financial needs change.

Unit Overview Chart

Cluster

Expectations

Assessment

Focus

1

CGE5h, CGE3c, CGE3d, CGE4e, CGE3f, CGE5a, CGE5b, CGE7j,

CGE7h, CGE7i,

FPV.01, FP1.01, FP1.02, FP1.03,

OR2.03, OR2.04, OR2.05,

VP2.02, VP3.01, VP3.03

Knowledge/
Understanding

Thinking/Inquiry

Application

Making Connections

Financial Objectives (Introduction of Financial Language and the Development of Financial Objectives for a Venture Plan)

2

CGE3c, CGE3d, CGE3e, CGE3f, CGE4a, CGE4b, CGE4e, CGE4f, CGE4G,

FPV.02, FP2.01, FP2.02, FP2.03,

OR2.03, OR2.04, OR2.05,

VP3.01, VPV.02, VPV.03, VPV.04, VP4.02, VP4.03, VP4.04

Knowledge/
Understanding

Application

Making Connections

Cash Flow Projection (Create and Analyze Cash Flow Projection, Income Statement and Balance Sheet for a Venture Plan)

3

CGE4f, CGE4a, CGE4b, CGE4c, CGE4d, CGE3d, CGG4g, CGE5d,

FPV.03, FP3.01, FP3.02, FP3.03, FP3.04,

OR1.02, OR2.04, OR2.05,

VPV.03, VPV.04. VP2.01, VP2.02, VP2.03, VP3.02, VP3.03, VP4.01, VP4.02, VP4.03, VP4.04

Knowledge/
Understanding

Thinking/Inquiry

Communication

Application

Making Connections

Acquiring Capital (Investigate and Evaluate Possible Capital Sources)

 

 

 

 

 

 

Unit 5:  The Venture Plan

Unit Description

This unit investigates the critical nature of the venture plan to an entrepreneur’s success. Students will learn the importance of creating a well-organized and structured plan. They will identify the necessary components of the plan and resources available. Students will complete a venture plan as a culminating activity for the course. The course may be set up so that the components of the plan are completed after each unit are taught.

Unit Overview Chart

Cluster

Expectations

Assessment

Focus

1

CGE3e, CGE4f

VPV.01, VP1.01, VP1.02, VP1.03

Knowledge/ Understanding

Thinking/Inquiry

Importance of the Plan (Profile some businesses that have failed to see why they were not successful.)

2

CGE5b, CGE4b, CGE4e, VPV.02, VP2.01, VP2.02, VP2.03, OR1.04, OR1.05, FP3.02, FP3.03

Knowledge/ Understanding

Thinking/Inquiry

Components of the Plan (The students list some end users of the plan and the sections they would be most interested in.)

3

CGE5a, CGE5b, CGE5c, CGE5d, CGE5e, CGE5f, CGE5g, CGE1i, CGE2d, CGE2b, CGE2c, CGE3f, CGE7j

VPV.03, VP3.01, VP3.02, VP3.03IOV.05, IO5.01, IO5.02, IO5.03, IO5.04, ORV.01, OR1.01, OR1.02, OR1.03, OR1.05, ORV.02, OR2.02, OR2.03. OR2.04. OR2.05, ORV.03, OR3.01, OR3.02, OR3.04, FPV.01, FP1.01, FP1.02, FP1.03, FPV.02, FP2.03, FPV.03, FP3.01

Application

Knowledge/ Understanding

Thinking/Inquiry

Communication

Creating a Venture Plan (Create and present a Venture Plan.)

4

CGE4b, CGE4c, CGE4d, CGE4g, CGE6e, CGE6c, CGE7a, CGE7b

VPV.04, VP4.01, VP4.02, VP4.03, VP4.04, FP3.04

Application

Knowledge/ Understanding

Thinking/Inquiry

Communication

Evaluation and Revision of the Plan (The students revise their plans based on certain changes such as new competition, a downturn in the economy, etc.)

Resources

The list below is intended to facilitate the productivity of both the students and teacher but is not a definitive list. Resources required for specific unit activities are provided but are presented in generic subcategories to encourage the teacher and students to creatively pursue additional resources, as appropriate. Very brief annotated descriptions are included for some resources; teachers should determine what resources are most appropriate for their students. Note: The URLs for the websites have been verified by the writer prior to publication. Given the frequency with which these designations change, teachers should always verify the websites prior to assigning them for student use.

Associations

Aboriginal Youth Business Council

http://www.aybc.org

Alberta Centre on Entrepreneurship and Disabilities

http://www.acs.ucalgary.ca/~aced

Better Business Bureau

http://www.bbb.org

Canadian Banker’s Association

http://www.cba.ca

Canadian Community Newspaper Association

http://www.ccna.ca

Canadian Foundation for Economic Education

http://www.cfee.org/en/

Canadian Internet Handbook

http://www.handbook.com

Canadian Management Association

http://www.cma-canada.org/

Canada-Ontario Business Service Centre

www.cbsc.org/ontario

Canadian Shareowners’ Association

http://www.shareowner.ca

Canadian Venture Capital Association

http://www.cvca.ca

Canadian Youth Business Foundation

http://www.cybf.ca

CBRC - Community Business Resource Centre

http://www.cbrc.com

The Centre for Entrepreneurship Education and Development

http://www.ceed.ednet.ns.ca

Credit Counselling Service of Toronto

http://www.creditcanada.com

Credit Union Central of Ontario

http://www.cuco.on.ca

EMG - Entrepreneurial Manufacturing Generator

http://www.emgweb.com

Girlsareit

http://www.girlsareit.com

Investor Learning Centre of Canada

http://www.investorlearning.ca

Junior Achievement of Canada

http://www.jacan.org

KidsNRG

http://www.kidsNRG.com

London Community Small Business Centre

http://www.lcsbc.on.ca

MLS (Multiple Listing Service) Online

http://www.MLS.ca

Northern Light

http://www.nlsearch.com

Ontario Women’s Directorate

http://www.gov.on.ca/owd

Sample Business Plans

http://www.bplans.com

Schoolnet

http://www.schoolnet.ca

The Association of Collegiate Entrepreneurs

http://www.acecanada.ca

The Canadian Industrial Innovation Centre

http://www.innovationcentre.ca

The Entrepreneur Institute of Canada

http://www.entinst.inter.net

The Entrepreneurship Centre

http://www.entrepreneurship.com

The Young Entrepreneurs Network

http://www.idye.com

Women Entrepreneurs of Canada

http://www.wec.ca

Yellowhead East Business Development Corporation

http://www.yebdc.ab.ca

Young Biz.com

http://www.youngbiz.com

Young Entrepreneurs Association

http://www.yea.ca

Church Organizations

Ontario Conference of Catholic Bishops

http://www.occb.on.ca/

Catholic Information Network

http://www.cin.org/

The Canadian Catholic Organization for Development and Peace

http://www.devp.org/

Church Documents

Documents of Vatican II

http://www.cin.org/vatiidoc.html

Pastoral Constitution of the Church in the Modern World

http://www.cin.org/v2modwor.html

LABORUM EXERCENS (On Human Work)

http://www.cin.org/jp2ency/laborem.html

Workplace Related Organizations

Canadian Auto Workers

http://www.caw.ca

Canadian Labour Congress

http://www.clc-ctc.ca

Canadian Nurses Association

http://www.cna-nurses.ca

Canadian Union of Public Employees

http://www.cupe.ca

Communications, Energy and Paperworkers Union of Canada

http://www.cep.ca/en/

Service Employees International Union

http://www.seiu.org/

The Ontario Federation of Labour

http://www.ofl-fto.on.ca

The Ontario Public Service Employees Union

http://www.opseu.org

United Steelworkers of America – Canada

http://www.uswa.ca/

Books and Textbooks

Solidarity: Christian Social Teaching and Canadian Society, (Guided study programs in the Catholic Faith), 1986.

Christian Justice: Sharing God’s Goodness, (Teacher’s Manual), St. Mary’s Press, Christian Brothers Publications, Winona Minnisota, 1995.

Beckhard Richard, Frances Hesselbein, and Marshall Goldsmith, eds. The Organization of the Future. San Francisco, California: Jossey-Bass Publishers, 1997.

Brand, Margaret and Ann Sparks. Success in the Workplace. Mississauga, Ontario: Copp Clark Pitman Ltd., 1990.

Caetano, R., J. Schermerhorn, and A. Templer. Management For Productivity. Toronto, Ontario: John Wiley & Sons, 1995.

Council on Economic Priorities. The Corporate Report Card: Rating 250 of America’s Corporations for the Socially Responsible Investor. Toronto, Ontario: Dutton, Penguin Group, 1998.

Di Norcia, Vincent. Hard Like Water: Ethics in Business. Toronto, Ontario: Oxford University Press, 1998.

Lang, Jim. Making Your Own Breaks. Toronto, Ontario: Trifolium Books, Inc., 1994.

Mariotti, Steve. The Young Entrepreneur’s Guide to Starting and Running a Business. Toronto, Ontario: Random House of Canada, 1996.

A practical guide with many case studies and applications.

McLean, J.W. and William Weitzel. Leadership: Magic, Myth, or Method? New York, NY: American Management Association AMACOM, 1992.

Discusses the current issues in management succinctly and is rooted in an historical and philosophical approach easily transported to the classroom. Topics include transformational leadership.

Popcorn, Faith and Lys Marigold. Clicking 16 Trends to Future Fit Your Life, Your Work and Your Business. New York, NY: Harper Collins Publisher, 1996.

Popcorn, Faith and Lys Marigold. Clicking: 17 Trends that Drive Your Business and Your Life. New York, NY: Harper Collins, 1997.

Updated on the eve of the new millennium, Popcorn and Marigold revisit, amend, and add new trends that their research has indicated will become the new reality.

Rabbior, Gary. Teaching Strategies for Entrepreneurship Education. Toronto, Ontario: MET, 1998.

Schincariol, David. Start and Run a Profitable Student Business. Vancouver, British Columbia: Self-Counsel Press, 1995.

This book offers entrepreneurs affordable business start-up suggestions.

Secretan, Lance H.K. Reclaiming Higher Ground: Creating Organizations that Inspire the Soul. Toronto, Ontario: MacMillan Canada, 1996.

Timmons, Jeffry Aj. New Venture Creation Revised, 4th ed. Boston, Massachusetts: Irwin McGraw-Hill, 1994.

Vesper, Karl H. New Venture Strategies Revised Edition, Englewoods Cliffs, New Jersey, Prentice Hall, 1990.

Textbooks

De Jordy, Herve, Michael Lieper, and Michael Schultz. The Entrepreneurial Spirit. Toronto, Ontario: McGraw-Hill Ryerson Limited, 1991. ISBN 0-471-79565-8

Kretchman, M. Lily, Lori Cranson, and Bill Jennings. Entrepreneurship Creating a Venture. Toronto, Ontario: John Wiley and Sons Canada Limited, 1991. ISBN 0-07-549931-2

Banks, Trusts, and Credit Unions

Representatives from the financial institutions could be resources when working on business plans. Most of these institutions have venture capital programs for youth who engage in entrepreneurial activity.

Bank of Montreal

http://www.bmo.com/

Bank of Nova Scotia

http://www.scotiabank.com/

Canadian Imperial Bank of Commerce

http://www.cibc.com

Canada Trust

http://www.canadatrust.com

Royal Bank of Canada

http://www.royalbank.ca/

Credit Union Central of Ontario

http://www.cuco.on.ca/

Laurentian Bank

https://www.lbcdirect.laurentianbank.ca/login/Retail

TD Bank

http://www.tdbank.ca/

National Bank of Canada

http://www.nbc.ca/index_e.html

Corporations

The grade 10 Introduction to Business (http://www.curriculum.org/occ/profiles/10/10busc.htm) Catholic Profile identifies Canada’s best known companies and their web sites. Students could select a company to investigate in order to determine how it encourages, promotes, and creates an enterprising work environment.

Government

Human Resources Development Canada
http://www.toronto-hrdc.sto.org/Includes/Rootdirectory/Common/hrdc.shtml

Industry Canada
http://strategis.ic.gc.ca/sc_ecnmy/engdoc/homepage.html

Revenue Canada
http://www.rc.gc.ca

Statistics Canada
http://www.statcan.ca/start.html

Youth Resource Network of Canada
http://www.youth.gc.ca/

Canada/Ontario Business Services
http://www.cbsc.org/ontario/index.html

Ontario Ministry of Economic Development and Trade
http://www.ontario-canada.com

Business Development Bank
http://www.bdc.ca

Team Canada Inc.
www.exportsource.gc.ca

Online Magazines

Teachers can become familiar with the websites listed below prior to the course, and before the start of each new unit to get ideas for lesson planning. There is a great deal of current information, analysis, archival material, and other relevant links. They may want to assign students the task of summarizing or annotating these publications as one method to cover the vast amount of material available.

Canadian Business Magazine

http://www.canbus.ca

E-Business Magazine

http://www/hp.com/Ebusiness

Entrepreneur Magazine

http://www.entrepreneurmag.com

Fast Company Magazine

http://www.fastcompany.com

Inc. Magazine

http://www.inc.com/incmagazine

MacLean’s Magazine

http://www.macleans.ca

Marketing Magazine

http://www.marketingmag.ca

Planning for Profits Magazine

http://www.planningforprofits.com

Profit Magazine

http://www.profitguide.com

Strategy Magazine

http://www.strategymag.com

Online Newspapers

Catholic New Times
Le Droit d’Ottawa

 

http://www.ledroit.com/encours/01_actualites/accueil__self.stm

The Globe and Mail

http://www.globeandmail.ca

The Hamilton Spectator

http://www.hamiltonspectator.com/

The Kingston Whig-Standard

http://www.kingstonwhigstandard.com/

The London Free Press

http://www.canoe.ca/LondonFreePress/home.html

National Post

http://www.nationalpost.com

The Ottawa Citizen

http://www.ottawacitizen.com/

The Sault Star

http://www.saultstar.com/

Torstar Corp

http://www.torstar.com

The Windsor Star

http://www.southam.com/windsorstar/


Coded Expectations, Introduction to Entrepreneurial Studies, Grade 11, College Preparation, BDI3C

Enterprising People and Entrepreneurs

Overall Expectations

EPV.01 · analyse the characteristics of enterprising people;

EPV.02 · analyse the characteristics of entrepreneurs;

EPV.03 · evaluate the contributions made by entrepreneurs;

EPV.04 · assess their own entrepreneurial potential.

Specific Expectations

The Enterprising Person

EP1.01 – describe the characteristics, motivations, abilities, attitudes, and aptitudes of an enterprising person;

EP1.02 – identify and describe some enterprising people;

EP1.03 – describe the contributions that enterprising people make in their school and community;

EP1.04 – evaluate the personal benefits of being an enterprising person;

EP1.05 – explain various ways in which they can be enterprising.

The Entrepreneur

EP2.01 – describe the characteristics, motivations, abilities, attitudes, and aptitudes of an entrepreneur;

EP2.02 – distinguish between an entrepreneur and an enterprising person;

EP2.03 – explain the advantages and the disadvantages of being an entrepreneur;

EP2.04 – describe how a variety of individuals have developed the skills and abilities of successful entrepreneurs.

The Contributions of Entrepreneurs

EP3.01 – describe how entrepreneurs can enhance consumer satisfaction (e.g., through problem solving, innovation, invention, competition);

EP3.02 – explain the connection between entrepreneurial activities and job and wealth creation (e.g., effect on the labour market, community prosperity, and availability of venture capital);

EP3.03 – describe the impact that local entrepreneurs have had on their community;

EP3.04 – determine how entrepreneurs have been agents of change.

Self-assessment

EP4.01 – assess themselves to identify the entrepreneurial characteristics they possess;

EP4.02 – describe ways in which they have been enterprising or entrepreneurial in the past;

EP4.03 – analyse opportunities they have had to develop entrepreneurial skills and characteristics;

EP4.04 – determine their interest in potential enterprising or entrepreneurial careers.

Ideas and Opportunities

Overall Expectations

IOV.01 · explain the importance of invention and innovation to venture creation;

IOV.02 · analyse various methods of generating opportunities and ideas for new ventures;

IOV.03 · generate realistic new ideas and identify possible opportunities for new ventures;

IOV.04 · explain the process of market research;

IOV.05 · identify a specific opportunity that can become the basis for a venture plan.

Specific Expectations

Invention and Innovation

IO1.01 – compare invention and innovation;

IO1.02 – identify significant Canadian inventions and innovations;

IO1.03 – describe the needs and wants that Canadian inventions and innovations have satisfied;

IO1.04 – summarize the impact that specific Canadian inventions and innovations have had on people’s lives;

IO1.05 – explain the relationship between innovation and technology;

IO1.06 – describe how entrepreneurs have used innovations and/or inventions to start new ventures.

Sources of Opportunities and Ideas

IO2.01 – distinguish between an idea and an opportunity;

IO2.02 – explain how new ventures have been developed in response to consumer needs or wants;

IO2.03 – describe new goods and services that have been developed by improving upon existing goods and services;

IO2.04 – describe how similar needs and wants have been satisfied in different ways;

IO2.05 – identify, from a variety of sources (e.g., books, magazines, personal observation, the Internet), possible ideas for new ventures;

IO2.06 – analyse current economic and social trends in order to find ideas for new ventures.

Generating Ideas

IO3.01 – identify unsatisfied consumer needs and wants by applying a problem-solving model;

IO3.02 – apply creative-thinking strategies (e.g., mind mapping, brainstorming) to determine possible solutions to an identified consumer problem;

IO3.03 – select the best idea for a new product or service by applying a decision-making model.

Market Research

IO4.01 – explain how to determine whether the demand for a good or service exists;

IO4.02 – describe the characteristics (e.g., demographic, geographic, socio-economic) of potential target markets;

IO4.03 – evaluate the potential competition for the new product or service;

IO4.04 – describe various methods of reaching potential target markets.

Choosing an Opportunity

IO5.01 – identify potential opportunities for a new venture;

IO5.02 – evaluate new-venture opportunities to determine their viability (e.g., financial, technological);

IO5.03 – evaluate new-venture opportunities in terms of the students’ personal skills and interests;

IO5.04 – choose a specific opportunity as a basis for a new venture.

Organizing Resources

Overall Expectations

ORV.01 · analyse the resources that could be required to create a new venture;

ORV.02 · demonstrate an understanding of the components of an effective production plan;

ORV.03 · demonstrate an understanding of the components of an effective marketing plan.

Specific Expectations

Resource Analysis

OR1.01 – determine the possible human resource needs (e.g., professional mentors, employees, partners, suppliers) for different types of ventures;

OR1.02 – specify the land, buildings, capital, and equipment required for various types of ventures;

OR1.03 – demonstrate the importance of inventory management for the entrepreneur;

OR1.04 – identify and describe all the legal, insurance, and government regulatory requirements that must be met in starting a new venture (e.g., permits, government registrations, various types of insurance);

OR1.05 – describe the services and infrastructure (e.g., light, heat, electricity, communication technology) usually required for a new venture.

The Production Plan

OR2.01 – summarize the process involved in producing a new product or delivering a new service;

OR2.02 – determine the possible roles of employees in a specific new venture;

OR2.03 – summarize the goods that may be required by a new venture (e.g., raw materials, supplies, equipment);

OR2.04 – analyse the factors involved in acquiring the necessary goods for a new venture (e.g., finding sources of supply, financing start-up and leasing costs);

OR2.05 – determine ways in which a new business might reduce start-up costs and financial risk.

The Marketing Plan

OR3.01 – compare ways in which a specific good or service can be distributed to customers;

OR3.02 – compare ways of advertising and promoting a venture and its goods or services;

OR3.03 – determine methods used to price a new product or service appropriately;

OR3.04 – produce a marketing plan for a new product or service.

The Financial Plan

Overall Expectations

FPV.01 · demonstrate how a venture can establish clear, specific, and measurable financial objectives;

FPV.02 · demonstrate the purpose and structure of a cash-flow projection;

FPV.03 · compare possible sources of capital required to meet a new venture’s needs.

Specific Expectations

Financial Objectives

FP1.01 – compare various financial goals that an entrepreneur might establish for a new business venture (e.g., target total profit, return on investment, market share, output delivered, customers served);

FP1.02 – determine the acceptable levels of profit and income for various types of new ventures;

FP1.03 – demonstrate an understanding of the financial statements required by a new venture (e.g., income statement, balance sheet).

Cash-Flow Projection

FP2.01 – summarize the importance of a cash-flow projection for a new venture;

FP2.02 – describe situations that can lead to a cash-flow problem for a new venture;

FP2.03 – distinguish between a cash-flow projection and an income statement.

Acquiring Capital

FP3.01 – explain how to calculate the amount of start-up capital a new venture would require;

FP3.02 – describe possible sources and methods of financing a new venture (e.g., government loans, private investors, public equity markets);

FP3.03 – compare the advantages and disadvantages of different kinds of business financing;

FP3.04 – explain how businesses can establish contingency plans if capital needs exceed the initial investment.

The Venture Plan

Overall Expectations

VPV.01 · assess the importance of having a venture plan;

VPV.02 · analyse the components of a venture plan;

VPV.03 · develop a venture plan;

VPV.04 · explain how to evaluate and revise a venture plan.

Specific Expectations

Importance of the Plan

VP1.01 – describe the purpose of a venture plan;

VP1.02 – demonstrate the importance of having a plan that is written, organized according to a formal and accepted structure, and attractively presented;

VP1.03 – determine the people or organizations that might be interested in the venture plan (e.g., venture capitalists, financial institutions, investors).

Components of the Plan

VP2.01 – analyse the components of the venture plan (e.g., executive summary, market analysis, resource analysis, operating strategy);

VP2.02 – outline the key steps in preparing a venture plan;

VP2.03 – describe references and sources of information and advice that may facilitate the preparation of a venture plan.

Development of the Plan

VP3.01 – describe the research required to develop the venture plan;

VP3.02 – compare computer software obtained from banks, government departments, and private companies that can assist entrepreneurs in preparing a venture plan;

VP3.03 – prepare a plan for a new venture.

Evaluation and Revision of the Plan

VP4.01 – explain how people in the community may contribute to the evaluation and revision of a venture plan (e.g., entrepreneurs, bankers, friends, and family);

VP4.02 – describe why it is important for a venture plan to be flexible and adaptable;

VP4.03 – forecast conditions that may require the revision of the venture plan;

VP4.04 – describe contingency plans that an entrepreneur should have for a new venture.

 


Ontario Catholic School Graduate Expectations

 

The graduate is expected to be:

 

A Discerning Believer Formed in the Catholic Faith Community who

 

CGE1a    -illustrates a basic understanding of the saving story of our Christian faith;

CGE1b    -participates in the sacramental life of the church and demonstrates an understanding of the centrality of the Eucharist to our Catholic story;

CGE1c    -actively reflects on God’s Word as communicated through the Hebrew and Christian scriptures;

CGE1d    -develops attitudes and values founded on Catholic social teaching and acts to promote social responsibility, human solidarity and the common good;

CGE1e    -speaks the language of life... “recognizing that life is an unearned gift and that a person entrusted with life does not own it but that one is called to protect and cherish it.” (Witnesses to Faith)

CGE1f     -seeks intimacy with God and celebrates communion with God, others and creation through prayer and worship;

CGE1g    -understands that one’s purpose or call in life comes from God and strives to discern and live out this call throughout life’s journey;

CGE1h    -respects the faith traditions, world religions and the life-journeys of all people of good will;

CGE1i     -integrates faith with life;

CGE1j     -recognizes that “sin, human weakness, conflict and forgiveness are part of the human journey” and that the cross, the ultimate sign of forgiveness is at the heart of redemption. (Witnesses to Faith)

 

An Effective Communicator who

CGE2a    -listens actively and critically to understand and learn in light of gospel values;

CGE2b    -reads, understands and uses written materials effectively;

CGE2c    -presents information and ideas clearly and honestly and with sensitivity to others;

CGE2d    -writes and speaks fluently one or both of Canada’s official languages;

CGE2e    -uses and integrates the Catholic faith tradition, in the critical analysis of the arts, media, technology and information systems to enhance the quality of life.

 

A Reflective and Creative Thinker who

CGE3a    -recognizes there is more grace in our world than sin and that hope is essential in facing all challenges;

CGE3b    -creates, adapts, evaluates new ideas in light of the common good;

CGE3c    -thinks reflectively and creatively to evaluate situations and solve problems;

CGE3d    -makes decisions in light of gospel values with an informed moral conscience;

CGE3e    -adopts a holistic approach to life by integrating learning from various subject areas and experience;

CGE3f     -examines, evaluates and applies knowledge of interdependent systems (physical, political, ethical, socio-economic and ecological) for the development of a just and compassionate society.

 

A Self-Directed, Responsible, Life Long Learner who

CGE4a    -demonstrates a confident and positive sense of self and respect for the dignity and welfare of others;

CGE4b    -demonstrates flexibility and adaptability;

CGE4c    -takes initiative and demonstrates Christian leadership;

CGE4d    -responds to, manages and constructively influences change in a discerning manner;

CGE4e    -sets appropriate goals and priorities in school, work and personal life;

CGE4f     -applies effective communication, decision-making, problem-solving, time and resource management skills;

CGE4g    -examines and reflects on one’s personal values, abilities and aspirations influencing life’s choices and opportunities;

CGE4h    -participates in leisure and fitness activities for a balanced and healthy lifestyle.

 

A Collaborative Contributor who

CGE5a    -works effectively as an interdependent team member;

CGE5b    -thinks critically about the meaning and purpose of work;

CGE5c    -develops one’s God-given potential and makes a meaningful contribution to society;

CGE5d    -finds meaning, dignity, fulfillment and vocation in work which contributes to the common good;

CGE5e    -respects the rights, responsibilities and contributions of self and others;

CGE5f     -exercises Christian leadership in the achievement of individual and group goals;

CGE5g    -achieves excellence, originality, and integrity in one’s own work and supports these qualities in the work of others;

CGE5h    -applies skills for employability, self-employment and entrepreneurship relative to Christian vocation.

 

A Caring Family Member who

CGE6a    -relates to family members in a loving, compassionate and respectful manner;

CGE6b    -recognizes human intimacy and sexuality as God given gifts, to be used as the creator intended;

CGE6c    -values and honours the important role of the family in society;

CGE6d    -values and nurtures opportunities for family prayer;

CGE6e    -ministers to the family, school, parish, and wider community through service.

 

A Responsible Citizen who

CGE7a    -acts morally and legally as a person formed in Catholic traditions;

CGE7b    -accepts accountability for one’s own actions;

CGE7c    -seeks and grants forgiveness;

CGE7d    -promotes the sacredness of life;

CGE7e    -witnesses Catholic social teaching by promoting equality, democracy, and solidarity for a just, peaceful and compassionate society;

CGE7f     -respects and affirms the diversity and interdependence of the world’s peoples and cultures;

CGE7g    -respects and understands the history, cultural heritage and pluralism of today’s contemporary society;

CGE7h    -exercises the rights and responsibilities of Canadian citizenship;

CGE7i     -respects the environment and uses resources wisely;

CGE7j     -contributes to the common good.

 

 

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