Module

Skill Area

Focus Areas

1. Introduction to enterprise

Understanding enterprise

What enterprise is; enterprising behaviour; stakeholders involved in enterprise

2. Setting up a new enterprise

Operational planning

Enterprise process stages; types of business organisation and their features

3. Enterprise skills

Skills development

Enterprising skills including leadership, creativity, decision-making and problem solving

4. Enterprise opportunities, risk, legal obligations and ethical considerations

Opportunity and risk analysis

Identifying enterprise opportunities; understanding risk; legal obligations; ethical considerations

5. Negotiation

Communication and negotiation

Negotiation skills; strategies and outcomes; role of negotiation in enterprise

6. Finance

Financial management

Sources of finance; budgets; cash flow; financial records; financial decision-making

7. Business planning

Strategic planning

Purpose and structure of business plans; objectives; forecasting and planning

8. Markets and customers

Marketing understanding

Market research; customer needs; market segmentation; marketing decisions

9. Help and support for enterprise

External support

Sources of advice, support and assistance for enterprises

10. Communication

Communication skills

Internal and external communication; presenting information effectively to stakeholders

Item

Component 1

Component 2

Title

Written Paper

Coursework

Duration

1 hour 30 minutes

N/A

Weighting

50%

50%

Marks

100

60

Description

Structured and open-ended questions based on a pre-released case study.

Portfolio of evidence from the learner’s own enterprise project (internally assessed and externally moderated).