Prepared by Carol Lampert, Etna High School
 
Introduction
Standards
Objectives
Activities
Assessment
Results
Resources

 

 
 

 

 Introduction
Virtual Enterprise is a School-to-Career Business Program. The program is a simulated business that is set up and run by students to prepare them for working in a real business environment. In this lesson, the students will determine how to effectively select a business to start, write a business plan, and seek approval for a start-up loan by presenting their business plan before a panel of bankers. Students will work under the guidance of a consultant with the support of a real business mentor. Emphasis will be placed in using current business software packages and the Internet.
Subject: Business
Topic: Virtual Enterprise
Grade Level: 11-12
Student Lesson name and URL: http://www.ctap295.ctaponline.org/~clampert/student/
Standards Addressed
Business Education
Grades 11-12
Business Career Paths: Entrepreneurship
 

(1) Students will understand how to organize and operate a business.  They will prepare a business plan based on lending standards of financial institutions.
 


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Instructional Objectives
Insert your learning objectives here. 
  1. Students will be able to define and describe a virtual enterprise. 
  2. Students will understand the difference between a service vs. a retail business.
  3. Students will be able to define a target market.
  4. Students will be able to determine appropriate products for different target markets.
  5. Students will assess market potential.
  6. Students will identify local public and private sources of assistance.

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Student Activities
Insert brief summaries of your introductory, enabling, and culminating activities. Insert links to online resources in your text and insert links to activities on your student lesson web site.

Introductory Activities

  1. Students will watch an introductory video NAME
  2. Students will take a pre-test on essential elements of business selection and business plans.


Enabling Activities

  1. Students will research the virtual enterprise network at the following site http://www.khsd.k12.ca.us/ve.  This will enable them to discover the current businesses that exist, minimize business duplication, and determine market need.
  2. Students will work in groups of 2-3 to generate a business idea (keeping possible business mentors available within our community in mind). Each group will present their business idea before the class. Then the class will vote on the business they want to build from the presentations given.
  3. Students will research business plans that already exist. 
  4. Students will write their own business plan in groups of 2-3.
  5. Student groups will create a PowerPoint presentation for their business plan. 


Culminating Activity

  1. Student groups will present their business plan PowerPoint presentations before the class and then before a panel of teachers/school staff.
  2. The group who was most convincing in class will present their business plan PowerPoint presentation before a panel of local bankers.

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Assessment
Insert your grading rubric for the culminating activity or a link to your rubric or test document file.

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Results
After implementing your lesson (sometime between January & March), insert a chart of your pre-test, post-test, and culminating assessment data.
 

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Web Resources & Supplementary Materials

Introductory Activity
List and link the web resources for this activity here. Also link supplementary materials such as PDF files and /or document files.

Pre-Test

Enabling Activity
List and link the web resources for your learning activity(ies) here. Also link supplementary materials such as PDF files and /or document files.

Business Selection
http://www.khsd.k12.ca.us/ve
http://www.sbaonline.sba.gov/

Business Plan
http://www.bplans.com
http://www.planvillage.com
http://www.bizplanit.com
http://www.sbaonline.sba.gov/
 
 
 

Culminating Activity
List and link the web resources for this activity here. Also link supplementary materials such as PDF files and /or document files.

 

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School Name:Etna High School
School Location: Etna
Your Name and e-mail address: clampert@sisnet.ssku.k12.ca.us
Last Revised: 07/12/2000 (insert and update last revision date every time you work on this page)