Understanding business & enterprise
Challenge reference: 1039
Active
Notional learning hours
10
Level
Entry 3
Subject area
Preparing for Adulthood pathway
Vocational area
Skills
Learning aim
Learners will gain an understanding of what a business is and what to think about when starting a new enterprise.
Learning context
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Learning outcomes
(What the learner needs to know, understand or be able to do)
The learner will:
-
1
. Know about different types of business -
2
. Be able to find out about a business.
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Assessment criteria
(What the learner need to demonstrate in order to meet the learning outcome)
The learner can:
- Describe what a Sole Trader business is.
- Describe what a Partnership business is.
- Describe what Public Limited Company is.
- Describe what Private Limited Company is.
- Choose 1 local, national or international business.
- Describe the chosen business's values.
- Describe how the business produces money to operate.
- Describe how the business will use it profits.
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Assessment methodology
Assessment methodology
Linked to learning outcome
Record of oral questioning
1
2
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