This volume contains 247 program standards for business education and 188 instructional standards for information processing that were developed during an 18-month project entailing a comprehensive literature review, regional conferences, and a mail survey of professional business educators. Addressed in the individual standards are the following areas of business education programming: philosophy and purpose, organization and administration, curriculum and instruction, instructional staff, financial resources, instructional support systems, public relations, student development services, and evaluation. Standards are set forth pertaining to the following areas of instruction in information processing: organization, content, related content, methods and resources, instructional support systems, and evaluation. Also included in the volume are a discussion of application of the standards, a series of definitions, a description of the project to develop the standards, a list of acknowledgments, and a list of suggested references. (MN)