2023-2024 Course Standards
Legend
ME11 Entrepreneurship I
Course Type: Adapted
Standard/Obj # | Standard/Objective | Course Weight | RBT Designation | Essential Employability Skills |
---|---|---|---|---|
1.00 | Understand entrepreneurship, entrepreneurship discoveries, the entrepreneurial mindset, and business ethics in entrepreneurship. | 10% | B2 Conceptual Knowledge - Understand | - |
1.01 | Describe the nature of entrepreneurship. | - | - | Problem Solving Professionalism Resource Management |
1.02 | Explain career opportunities in entrepreneurship. | - | - | Resource Management |
1.03 | Conduct self-assessment to determine entrepreneurial potential. | - | - | Communication Ethics Problem Solving Professionalism Teamwork |
1.04 | Explain the nature of business ethics. | - | - | Ethics Problem Solving |
1.05 | Explain types of business ownership. | - | - | Problem Solving Resource Management Teamwork |
2.00 | Understand design thinking, the Lean Canvas Business Model, and feasibility of venture ideas. | 25% | B2 Conceptual Knowledge - Understand | - |
2.01 | Describe the design thinking process. | - | - | Communication Problem Solving Teamwork |
2.02 | Determine the relationship between government and business. | - | - | Ethics Professionalism Resource Management |
2.03 | Conduct an environmental scan to obtain business information. | - | - | Communication Problem Solving Professionalism Resource Management |
2.04 | Determine feasibility of venture ideas. | - | - | Problem Solving Resource Management |
2.05 | Understand Lean Canvas Business Model (LCBM). | - | - | Problem Solving Professionalism Resource Management |
3.00 | Understand marketing strategies, unique value proposition, competitive advantage, and customer segments. | 25% | B2 Conceptual Knowledge - Understand | - |
3.01 | Explain the concept of marketing strategies. | - | - | Communication Ethics Problem Solving Professionalism Resource Management Teamwork |
3.02 | Identify company's unique value/selling proposition. | - | - | Resource Management |
3.03 | Explain the concept of market and market identification. | - | - | Communication Ethics Problem Solving Professionalism Resource Management Teamwork |
4.00 | Understand channels of distribution and cost structure. | 20% | B2 Conceptual Knowledge - Understand | - |
4.01 | Explain the nature of channels of distribution. | - | - | Ethics |
4.02 | Explain the nature and scope of purchasing. | - | - | Ethics |
4.03 | Explain the concept of supply chain. | - | - | Ethics |
4.04 | Explain the nature of overhead/operating costs. | - | - | Ethics Problem Solving Resource Management Teamwork |
4.05 | Explain the concept of production. | - | - | Ethics |
5.00 | Understand pricing, revenue streams, and key metrics. | 20% | B2 Conceptual Knowledge - Understand | - |
5.01 | Explain the nature and scope of the pricing function. | - | - | Communication Professionalism |
5.02 | Explain the nature of sales forecasts. | - | - | Communication Problem Solving Professionalism Resource Management Teamwork |
5.03 | Determine revenue streams. | - | - | Communication Ethics Problem Solving Professionalism Resource Management |
5.04 | Identify key metrics. | - | - | - |