Curriculum
Course: Foundation Year- Qualifi Level 3 Diploma...
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Text lesson

Unit BIE303: Thinking Entrepreneurially

Unit code: R/615/4774

RQF level: 3

Aim

The aim of this unit is to introduce the learner to an evaluation of themselves in an entrepreneurial context by using several techniques including SWOT. Learners will be introduced to critical thinking skills and put these into context against a business plan.

Learning Outcomes and Assessment Criteria 

Learning Outcomes. To achieve this unit a learner must:  Assessment Criteria: Assessment of these outcomes demonstrates the learner can: 
1. Be able to understand self-analysis in the context of entrepreneurial career

1.1 Define the terms ‘Entrepreneur’, Entrepreneurship, opportunity assessment and creativity

1.2 Examine different types of Entrepreneurs and their success stories

1.3 Conduct your self-analysis for entrepreneurial abilities

1.4 Identify your strengths and weaknesses using a SWOT analysis

2. Be able to develop critical thinking skills for innovative business ideas

2.1 Define the term ‘critical thinking’, and ‘innovation’ 

2.2 Create a mind map of creative thinking skills and attributes required by entrepreneurs

2.3 Identify potential barriers to entrepreneurship 

2.4 Conduct market research to analyse your potential business idea 

3. Be able to evaluate entrepreneurial business idea

3.1 Justify your business idea to an innovative using logical argumen

3.2 Explain the reasoning behind the business idea

3.3 Explain the importance of knowledge in IT, finance and accounting and marketing and sales for evaluation purposes

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