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The Ontario Curriculum Business Studies. BBB 4M BBB 4E. Emphasis On …. Descriptive course titles International Business Fundamentals International Business Essentials No change to destinations Remove prerequisite for BBB4M Generally - decreasing the number and length of expectations
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The Ontario CurriculumBusinessStudies BBB 4M BBB 4E
Emphasis On … • Descriptive course titles • International Business Fundamentals • International Business Essentials • No change to destinations • Remove prerequisite for BBB4M • Generally - decreasing the number and length of expectations • Examples - updated and increased number • Developing business communication techniques
Emphasis On (continued) • Canada • Geography • Numeracy skills • Ethics • Increasing need to access computer labs • Descriptors for the 4E course: • Identify vs. analyse
EXPECTATIONS Course Strand OE SE • BBB4M • Current 5 18 72 • Revised 5 16 57 • BBB4E • Current 4 13 56 • Revised 4 15 51 • Numbers may vary as a result of final revisions
Current The Global Environment for Business Business and Trade Factors Influencing Success in International Markets Marketing Challenges, Approaches, and Distribution World Markets and Careers Revised Business, Trade and the Economy The Global Environment for Business Factors Influencing Success in International Markets Marketing Challenges, Approaches, and Distribution Working in International Markets BBB 4M InternationalBusinessFundamentalsSTRANDS
Business, Trade and the Economy • Vocabulary and terminology • International trade, multinational, export, competitive advantage • Business communication techniques • Business reports, presentations • International Interdependence • Evolution of Canada’s relationships
The Global Environment for Business • Impact of globalization • On businesses, people, consumer choices • Trends • Production, standardization, labour • Technology use • Calculations of currency, Internet
Factors Influencing Success in International Markets • Expanded list of examples in this strand • Cultural • Ethics, values, language • Diversity and competitive advantage • Political • Avoiding Mistakes • Canada’s success in international markets
Marketing Challenges, Approaches, and Distribution • Ethical issues removed from this strand • Provide more and updated examples • Marketing approaches include: • Focus on e-commerce, e-distribution
Working in International Markets • Focus on • Ethics • Partnerships and Alliances • Education and Training • Incorporated careers and skills throughout the course
BBB 4EInternational Business EssentialsSTRANDS Remain Unchanged • Canada in the Global Marketplace • International Markets • Conducting International Business • International Careers and Skills
Canada in the Global Marketplace • Focus on • Advantages and disadvantages of IB for Canada • Barriers • Evolution of International Business in Canada • More describe and identify descriptors
International Markets • Fewer expectations • Develop numeracy skills • Converting and comparing currencies • Impact of currency fluctuations on strategies
Conducting International Business • Shortened some expectations • Added focus on ethics
International Careers and Skills • Added specific expectations that address: • Border Issues • The role of the border services agencies • The impact on study, travel and employment • The international events such as 9/11 and SARS • Expanding vocabulary, concepts and communication
Suggestions • Back at the board level.