One in a series of National Business Education Yearbooks, this yearbook presents an overview of the various settings in which business education takes place and the methodology used in its teaching. The first part focuses on the following three settings: public and private schools at both the secondary and postsecondary levels; professional/organizational groups which provide continuing education; and nontraditional settings which are categorized by their learning philosophy, special clientele, special resources or facilities, administration and organization, or instructional approaches. Part II examines the following alternative methods of business education for secondary and postsecondary levels: (1) individualized instruction which includes programmed and computer-assisted instruction for self-paced learning; (2) simulations which may be commercially packaged or specially designed by the teacher; (3) games which, while often costly to implement, are usually enthusiastically endorsed by the students, (4) modular instruction which uses a series of learning units, each focusing on a limited skill or body of knowledge; (5) technological utilization which involves systems such as audiovisual recorders, closed-circuit television, and computers; (6) community-based projects which include independent study for students and assistance from business teachers in developing community programs; and (7) competency evaluation which covers competency-based education on the secondary level and the recognition, at the postsecondary level, of students who qualify for advanced placement either through competencies obtained at previous levels or through life experiences. (ELG)