BBI1O: Introduction to Business, Grade 9, Open

Business Fundamentals
• demonstrate an understanding of how businesses respond to needs, wants, supply, and demand; • compare types of businesses;
• demonstrate an understanding of ethics and social responsibility in business;
• demonstrate an understanding of the benefits and challenges for Canada in the field of international business.

Functions of a Business
• explain the role of production in business;
• explain the role of human resources in business;
• demonstrate an understanding of sound management practices in business;
• demonstrate an understanding of the importance and role of marketing in business;
• demonstrate an understanding of the importance and role of accounting in business;
• demonstrate an understanding of the importance and role of information and communication technology in business.

Finance
• 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;
• analyse the role and importance of credit in personal and business finance.

Entrepreneurship
• describe characteristics and skills associated with successful entrepreneurs and demonstrate an understanding of the contributions to Canadian business of selected entrepreneurs;
• analyse the importance of invention and innovation in entrepreneurship.