Exploring Entrepreneurship

Overview

Framework:
RQF
Level:
Level 2
Unit No:
K/617/4092
Credits:
2
Guided learning hours:
16 hours

Assessment Guidance

Portfolio of Evidence

Aim

To develop learners’ understanding of the skills, attitudes and qualities needed for successful entrepreneurship and their ability to self-assess their own suitability for enterprise and identify ways to develop their potential for entrepreneurship.

For the full unit details, please download the latest version of the qualification specification. This is available for download on the relevant qualifications page.

Unit Learning Outcomes

To view the assessment criteria and any additional content, please expand the relevant learning outcome below.

1 — Understand the characteristics of a successful entrepreneur.

Learning Outcome 1: Indicative Content
Learners must define the term entrepreneur.
Examples of skills, qualities and attitudes required may include:
• creativity
• vision
• confident in taking calculated risks
• intuitive

• able to inspire others

Assessment Criteria

  • 1.1

    Explain what is meant by the term entrepreneur.

  • 1.2

    Identify the skills that are needed to be a successful entrepreneur.

  • 1.3

    Identify attitudes and qualities that are needed to be a successful entrepreneur.

2 — Understand own strengths as an enterprising person.

Learning Outcome 2: Indicative Content 

Criteria to consider may include those above as well as:

time management skills

organisational skills

interpersonal and communication skills

enthusiasm

attitude to risk

confidence

Assessment Criteria

  • 2.1

    Describe own strengths in terms of enterprise skills, attitudes and qualities.

  • 2.2

    Evaluate self in terms of ability to set up a successful business/enterprise.

3 — Understand ways to develop enterprise skills and knowledge.

Learning Outcome 3: Indicative Content 

Learners must be able to provide sufficient and valid evidence to achieve this outcome.

This may be a Personal Learning Plan or a summary of a discussion/coaching session.

Assessment Criteria

  • 3.1

    Agree activities to develop or strengthen own enterprise skills.

  • 3.2

    Identify changes in own attitude and behaviour that will help to make the most of enterprise opportunities.

  • 3.3

    Agree ways to bring about changes in own enterprising attitudes and behaviours.