Business Management and Law

Duration

Annual

Prerequisites

None required. If you are taking this course as part of the Entrepreneurship Program of Study, Principles of Entrepreneurship should be taken first.

Requirements

None

Course Summary

Unlock the secrets to success in the corporate world! In Business Management and Law, students will explore key business management concepts, including human relations, sales and marketing, and finances. With a focus on the role of management in small businesses and the government regulations that impact businesses, this course introduces students to the principles of effective business management and the legal considerations and implications that underpin these practices. Business Management and Law is the second course in the Entrepreneurship program of study in the Marketing, Sales & Service career cluster. This course meets the practical arts requirement for graduation.

MAJOR TOPICS AND CONCEPTS

Segment One

  • Business ownership
  • The business cycle
  • Responsibilities of business owners
  • Types of manufacturing
  • Supply and demand
  • Trade barriers
  • International markets
  • Selecting vendors
  • Maintaining inventory
  • Minimizing shrinkage and theft
  • Types of payment
  • Customer service
  • Creating a job description
  • Interviewing potential employees
  • Hiring and training procedures
  • Salary and benefits
  • Positive work habits

Segment Two

  • Roles and responsibilities of a manager
  • Obligations of a business owner
  • Making difficult decisions
  • Dealing with conflict
  • Training, promoting, and transferring employees
  • Supervising employees
  • Employment termination
  • Startup and operating costs
  • Finding funding
  • Financial management
  • Basic accounting
  • Workplace safety
  • Maintenance records
  • Government and regulatory agencies
  • Permitting/licensing
  • Taxation
  • Insurance
  • Contracts and negotiability

How Business Management and Law supports student success

In Business Management and Law, students build subject knowledge through structured online lessons, guided practice, and regular feedback from qualified teachers. The course supports flexible study while maintaining clear academic expectations and steady progress.

Students can revisit learning materials, complete assignments at a manageable pace, and use teacher guidance to strengthen understanding. Families can follow progress while learners develop organization, independent study habits, and confidence.

  • Clear learning goals connect each lesson to the wider course.
  • Activities and assignments help students apply important concepts.
  • Assessments and teacher feedback identify strengths and next steps.
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