Overview
Assessment Guidance
Portfolio of Evidence
Aim
Learners will have the opportunity to identify potential entrepreneurial activities, prepare for them and then present their ideas to others.
Unit Learning Outcomes
1
Be able to explore ideas for an enterprise activity.
Learners must provide sufficient and valid evidence to achieve this outcome.
Assessment Criteria
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1.1
Identify ideas that could be developed for an enterprise activity.
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1.2
Select ideas with most potential for further exploration.
2
Be able to test out ideas with potential customers.
Learners must provide sufficient and valid evidence to achieve this outcome.
Assessment Criteria
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2.1
Gather feedback from potential customers on proposed activities.
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2.2
Use feedback to determine the focus of the enterprise activity.
3
Understand the risks involved in implementing the enterprise activity.
Examples of potential risks may include:
- idea is unrealistic eg too costly, no market, to complex
- unable to deliver the activity within budget, on time, to required standards
- insufficient resources or people to support the activity
Ways to mitigate risk may include:
- effective pre-planning and research
- risk assessment
- contingency plans
- anticipate potential problems
Assessment Criteria
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3.1
Identify the risks of selected activity.
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3.2
Describe ways to mitigate the risks.
4
Be able to present an idea for an enterprise activity to an audience.
Learners must provide sufficient and valid evidence to achieve this outcome.
Assessment Criteria
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4.1
Pitch selected idea in a format suitable to the targeted audience.