Course Description
In this unit, learners will gain an understanding about entrepreneurship development and entrepreneurship in business. They will explore the behaviour and roles of an entrepreneur and consider factors faced by entrepreneurs in setting up their venture.
Course Objectives
In this unit, learners will gain an understanding about entrepreneurship development and entrepreneurship in business. They will explore the behaviour and roles of an entrepreneur and consider factors faced by entrepreneurs in setting up their venture.
Key Topics
- LO1: Understand entrepreneurship in business.
- LO2: Understand the promotion of a venture in business.
- LO3: Understand entrepreneurial behaviour in business.
- LO4: Understand the role of the entrepreneur in business.
Course Outline
Learning Outcomes
- LO1 Understand entrepreneurship in business.
- 1.1 Explain the role of the entrepreneur in business.
- 1.2 Describe the entrepreneurial process utilised in business management.
- 1.3 Analyse theories of entrepreneurship used in business.
- LO2 Understand the promotion of a venture in business.
- 2.1 Explain opportunity analysis and environmental analysis of a venture in business.
- 2.2 Analyse the various sources of funding available to a business.
- 2.3 Explain factors impacting on a venture in business.
- LO3 Understand entrepreneurial behaviour in business.
- 3.1 Explain entrepreneurial behaviour patterns in business management.
- 3.2 Analyse entrepreneurial development programmes accessed in business management.
- LO4 Understand the role of the entrepreneur in business.
- 4.1 Explain the role of the entrepreneur in economic growth in a business.
- 4.2 Describe the role of innovation in business.
- 4.3 Analyse the social stability and balanced regional development of industries in entrepreneurship and development in business.