GACE Business (715) case studies

GACE Business (715) · Put your knowledge to work in context.

GACE Business Education (715) is the Georgia Assessments for the Certification of Educators content assessment used by the Georgia Professional Standards Commission for candidates seeking certification to teach business subjects in Georgia schools. It is typically taken by aspiring business teachers completing an educator-preparation program, by certified teachers adding a business field to an existing certificate, and by career-changers entering teaching through an alternative route. The GACE Business (715) case studies are 5 cases and about 4,836 words.

Quoting a First Export Order: Incoterms, Currency, and a Tempting Second Buyer

Riverton Toolworks, a 22-employee maker of precision hand tools in Ohio, has its first export inquiry: a German distributor wants 1,200 units at €38 each, CIF Hamburg, payment 60 days after shipment. Unit cost is 29; the current rate is 1.09 per euro and the company's bank projects a 1.05– 1.14 range over the next 90 days.

745 words, about 4 min 2

The Current Ratio Covenant at Marisol's Pet Supply

Marisol owns a two-store pet supply retailer whose fiscal year ends December 31. Her line of credit carries two covenants: a current ratio of at least 1.50 and a debt service coverage ratio of at least 1.20.

924 words, about 5 min 3

A $4,000 Marketing Budget, a Capacity Ceiling, and a 'Consultant'

Three years ago, Dana opened a meal-prep kitchen with two pickup locations; revenue is 610,000 and net margin 4%. She has 4,000 for Q1 marketing and three proposals.

1,125 words, about 6 min 4

Ransomware at Kesterly Insurance: 72 Hours and a Backup in the Same Room

At 9:14 on a Wednesday morning in mid-December, an account manager at Kesterly Insurance (42 employees, three offices) opened an email attachment that claimed to be a revised commercial policy. By 11:00 the file server was encrypted and a ransom note demanded 3.5 bitcoin (about 230,000) within 72 hours.

1,016 words, about 5 min 5

Rebuilding a Business Pathway: Perkins Money, a Dormant CTSO, and a Bank That Wants Interns

Alvarez becomes the second business teacher at a comprehensive high school of 1,600 students, inheriting a pathway of four courses: Introduction to Business, Accounting I, Marketing, and Business Law. Enrollment has fallen from 148 to 91 in three years.

1,026 words, about 5 min