This unit describes the skills and knowledge required to lead a business operation that covers the steps required to develop and implement business plans.The unit applies to individuals who are running an organisation or who take a senior role in determining the effective functioning and success of the organisation. These individuals may oversee the work of a number of teams and other managers.
Assessment tasks will be designed to reinforce & extend knowledge and skill competence within set & controlled parameters in accordance with each unit’s learning outcomes & performance criteria requirements, incl the setting of work based practical application tasks designed to provide evidence of competence outcomes, within periodic and scheduled timelines.
Students will be expected to demonstrate the following required skills:
*develop and implement at least one business plan.
In the course of the above, the candidate must:
*analyse and research business vision, mission, values, objectives, goals, competitors, financial targets, management arrangements and marketing approaches
*write a business plan, including:
Students will also be expected to demonstrate the following knowledge:
*organisational and legislative frameworks required for the development of business plans, including:
The qualified trainer and assessor will provide teaching and learning materials as required in the form of workbooks produced by the Polytechnic and/or via the Polytechnic e-learning system.
This unit is studied as part of the following course(s):