JA Financial Capability 2


JA Financial Capability<sup>™</sup> 2

JA Financial Capability 2 is a one-semester teacher-led course, part of the JA High School Expericence courses, in which high school students examine financial capabilities from a business perspective, focusing on employee benefits, ethics, business investment, and international business operations. Volunteers engage with students through a variety of activities that includes subject matter guest speaking and coaching or advising for case study and project course work. 

Students will:

  • Learn the necessary concepts applicable to state and national educational standards.

  • Apply these standards-based concepts to the real world.

  • Synthesize elective concepts through cumulative, tangible deliverables (projects).

  • Analyze a business situation or principle through the use of a case study.

  • Demonstrate the skills necessary for future career pathway success.

 

 

Pillars of Student Success Entrepreneurship:  Financial-Literacy:  Work-Readiness: 
Program Implementation Program Grade-Level
Classroom-Based High School
Program Concepts Program Skills
Adaptability, Beliefs, Benefits of selling internationally, Breach of contract, Business acquisitions, Business chains, business contracts, Business expansion, Business mergers, Careers, Code of ethics, Corporate social responsibility, Contracts, Contract protection, Contractor, Costs of hiring, Culture, Culture and business connections, Customer, Distribute profits, Domestic business, Elements of a contract, Employee, Employee experience, Enforceable contracts, Ethics, Expenses, Experience, Express or implied contracts, Franchises, Full time, Generalizations, Hard skills, Inorganic growth, International business, International business challenges, International sales, New work environment, Organic growth, Part time, Positive attitude, Profits, Reasons to hire, Reinvest profits, Soft skills, Stakeholder, Stakeholder Theory, Stereotyping, Stockholder, Stockholder Theory, The cost of benefits, Time management, Triple bottom line, Types of business legal structures, Values Analyze ideas, Analyze information, Analyze real world situations, Compare and contrast information, Create an artifact showing information gained, Discuss information, Evaluate information found, Gather information from a website, Interact with other students, Make a decision, Participate in group discussion, Present information, Research information, Role play business situations, Take another perspective, Think critically, Work in groups

Program Sessions

1.1 Considering Employees

THEME 1: INVESTING IN EMPLOYEES, BENEFITS, AND WORK EXPERIENCE

1.1 Considering Employees

Students weigh the advantages, disadvantages, and costs of regular employees and contractors for a small business entrepreneur.

Students will:

  • Explain two advantages of hiring help in a small business.

  • Compare and contrast the advantages and disadvantages of hiring an employee or a contractor.

  • Explain four costs in addition to salary/hourly wage that comprise the full cost of employees.

1.2 Benefits Are Important

THEME 1: INVESTING IN EMPLOYEES, BENEFITS, AND WORK EXPERIENCE

1.2 Benefits Are Important

Students learn about mandatory and optional employee benefits offered by small businesses and explore both the advantages and disadvantages.

Students will:

  • List four legally required benefits provided by employers.

  • List four optional benefits offered to employees.

  • Describe two ways providinggreat benefits can help a company.

  • Evaluate optional benefits for a small business scenario.

1.3 The New Work Environment

THEME 1: INVESTING IN EMPLOYEES, BENEFITS, AND WORK EXPERIENCE

1.3 The New Work Environment

Students conduct research on low-cost and nontraditional employee benefits that small businesses offer to attract good workers. They explore new work environments and employee experiences.

Students will:

  • Identify three low-cost or no-cost benefits provided by employers.

  • Identify three nontraditional employee benefits.

  • Describe the new work environment.

  • Define and explain employee experience.

1.4 Exploring Careers in Human Resources

THEME 1: INVESTING IN EMPLOYEES, BENEFITS, AND WORK EXPERIENCE

1.4 Exploring Careers in Human Resources

Students complete a brief activity related to career soft skills and then evaluate a sample career before conducting independent research on two other careers at a job website. Students use information they have gathered to complete a brief creative activity at the end of the session.

Students will:

  • Locate and use information gathered from a career website.

  • Identify basic career information about two of the following three careers: human resources manager, compensation and benefits manager, or training and development specialist.

  • Reflect on personal interest and fit for the researched careers.

2.1 Planning for Future Business Investment Strategies

THEME 2: INVESTING IN YOUR BUSINESS

2.1 Planning for Future Business Investment Strategies

Students explore the four main types of business structures and analyze the advantages and disadvantages of each. They will apply their learning by creating annoriginal business scenario.

Students will:

  • Identify the four main legal structures of businesses.

  • Analyze the costs and benefits of each business structure.

  • Match an entrepreneur's profile to a specific business strategy.

2.2 Growing Business Through Investments

THEME 2: INVESTING IN YOUR BUSINESS

2.2 Growing Business Through Investments

Students evaluate the options available when a small business begins to earn profits. Students will conduct research about reinvestments and which ones typically bring the most growth and return on the investment.

Students will:

  • Explain the three choices a business has regarding profits.

  • Define reinvestment.

  • Describe two disadvantages and two advantages of growing a business through reinvestment.

  • Explain three ways a small business can be grown through reinvestment.

2.3 Expanding a Business

THEME 2: INVESTING IN YOUR BUSINESS

2.3 Expanding a Business

Students learn about two types of business expansion: organic and inorganic. They conduct group research to learn more about specific examples of each type of growth and make recommendations based on their understanding.

Students will:

  • Explain the difference between organic and inorganic business growth.

  • List two examples of organic and two examples of inorganic growth.

  • Describe the difference between a chain and a franchise.

  • Describe the advantages and disadvantages of merging with or acquiring another business.

2.4 Exploring Careers in Business Investment

THEME 2: INVESTING IN YOUR BUSINESS

2.4 Exploring Careers in Business Investment

Students complete a brief activity related to career soft skills and then evaluate a sample career before conducting independent research on two other careers at a job website. Students use information they have gathered to complete a brief creative activity at the end of the session.

Students will:

  • Locate and use information gathered from a career website.

  • Identify basic career information about two of the following three careers: management analyst, business growth (or development or innovation) strategist, or business attorney/lawyer.

  • Reflect on personal interest and fit for the researched careers.

3.1 Introduction to Business Ethics

THEME 3: FINANCIAL ETHICS, LEGAL AND SOCIAL RESPONSIBILITY

3.1 Introduction to Business Ethics

Students examine business ethics, looking specifically at corporate social responsibility and two key philosophical approaches to it. Students will also learn about contemporary expectations of business responsibilities.

Students will:

  • Explain the definition and purpose of business ethics.

  • Describe corporate social responsibility and two different philosophical approaches to it.

  • Identify the triple bottom line and explain its role in modern business.

  • Describe the purpose and contents of a code of ethics.

3.2 Compliance

THEME 3: FINANCIAL ETHICS, LEGAL AND SOCIAL RESPONSIBILITY

3.2 Compliance

Students explore the relationship between ethics and compliance, identify what compliance is, and identify how it affects businesses.Students consult some of the major employment and labor laws to apply them to a business scenario.

Students will:

  • Describe the relationship between ethics andmcompliance.

  • Identify four major areas of compliance that affect almost all businesses.

  • Identify three benefits of compliance and three consequences of noncompliance.

  • Apply key employment and labor laws to a business scenario.

3.3 Contracts and Arbitration

THEME 3: FINANCIAL ETHICS, LEGAL AND SOCIAL RESPONSIBILITY

3.3 Contracts and Arbitration

Students recognize a small business's legal vulnerability. Contracts and arbitration offer some protection from those risks.

Students will:

  • Define a contract and the six elements needed to make it legally binding.

  • Explain arbitration and its advantages over regular litigation.

3.4 Exploring Careers in Ethics

THEME 3: FINANCIAL ETHICS, LEGAL AND SOCIAL RESPONSIBILITY

3.4 Exploring Careers in Ethics

Students complete a brief activity related to career soft skills and then evaluate a sample career before conducting independent research on two other careers at a job website. Students use information they have gathered to complete a brief creative activity at the end of the session.

Students will:

  • Locate and use information gathered from a career website.

  • Identify basic career information about two of the following three careers: occupational health and safety specialist, information security analyst, or building inspector.

  • Reflect on personal interest and fit for the researched careers.

4.1 Going Global: Selling Internationally

THEME 4: INTERNATIONAL BUSINESS CHALLENGES AND OPPORTUNITIES

4.1 Going Global: Selling Internationally

Students explore the challenges and benefits of selling products and services internationally.

Students will:

  • Compare the benefits and challenges of selling a product internationally.

  • Identify three ways to get into international sales.

4.2 Culture and International Business

THEME 4: INTERNATIONAL BUSINESS CHALLENGES AND OPPORTUNITIES

4.2 Culture and International Business

Students learn about cultural impacts on business. They study the common factors that lead to cultural misunderstandings and then imagine preparing for a business trip to another country.

Students will:

  • Define culture and identify two visible and two invisible cultural elements.

  • Explain two ways culture can impact international business.

  • Explain five common factors that lead to misunderstandings between cultures.

4.3 Going Global Board Game

THEME 4: INTERNATIONAL BUSINESS CHALLENGES AND OPPORTUNITIES

4.3 Going Global Board Game

Students apply what they know about international business and culture to create a simple board game. The game will reinforce the importance of understanding culture when taking a business global.

Students will:

  • Create a simple board game with an international business and culture theme.

  • Divide tasks among members of a group to accomplish the objective within the allotted time frame.

4.4 Exploring Careers in Summary

THEME 4: INTERNATIONAL BUSINESS CHALLENGES AND OPPORTUNITIES

4.4 Exploring Careers in Summary

Students complete a brief activity related to career soft skills and then present a snapshot of their future by creating a timeline based on a career they have previously researched.

Students will:

  • Locate and use information gathered from a career website.

  • Identify the steps and requirements needed to pursue a specific career path.

  • Reflect on personal interest and fit for the researched careers.

Case Study: Managing Change

Students will examine the variety of sources of change that can impact an individual as well as businesses and the possible outcomes. Students will then apply the steps of a change model to a business scenario.