Financial management

CRITERIA

NON-PERFORMANCE

BASIC

PROFICIENT

DISTINGUISHED

Define the terms 'finance' and 'finance management.'

Does not define the terms 'finance' and 'finance management.'

Defines the terms 'finance' and 'finance management' but omits key elements. 

Defines the terms 'finance' and 'finance management.'

Defines the terms 'finance' and 'finance management' and connects them to relevant real-world situations. 

Identify major sub-areas of finance. 

Does not identify major sub-areas of finance. 

Identifies sub-areas of finance but not major sub-areas. 

Identifies major sub-areas of finance. 

Defines major sub-areas of finance and connects the definitions to relevant real-world situations. 

Define the forms of business ownership. 

Does not identify the forms of business ownership. 

Defines the forms of business ownership using inaccurate or incomplete information.

Defines the forms of business ownership.

Defines the forms of business ownership and explains the advantages and disadvantages of each.

Define the term "agency relationship." 

Does not define the term "agency relationship." 

Incorrectly defines the term "agency relationship." 

Defines the term "agency relationship." 

Defines the term "agency relationship" and connects the definition to relevant real-world situations. 

Define the term "agency problem." 

Does not define the term "agency problem." 

Defines the term "agency problem" but omits key elements. 

Defines the term "agency problem." 

Defines the term "agency problem" and connects the definition to relevant real-world situations. 

Explain why ethical behavior is especially important in the field of finance.

Does not explain why ethical behavior is important in the field of finance.

Explains ethical behavior but does not connect its importance to the field of finance. 

Explains why ethical behavior is especially important in the field of finance.

Analyzes why ethical behavior is especially important in the field of finance.

Explain the concept of shareholder wealth maximization. 

Does not explain the concept of shareholder wealth maximization. 

Explains the concept of shareholder wealth maximization using inaccurate or incomplete examples. 

Explains the concept of shareholder wealth maximization. 

Explains the concept of shareholder wealth maximization and connects it to relevant real-world situations.