Departments › Welding Technology › Module IV › Entrepreneurial Skills

Entrepreneurial Skills

Welding Technology · Level 6  ·  6 Chapters

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Chapters

1
Apply financial literacy
12 topics
No Notes Yet
2
Apply the entrepreneurial concept
7 topics
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3
Identify entrepreneurship opportunities
3 topics
No Notes Yet
4
Apply business legal aspects
5 topics
No Notes Yet
5
Innovate Business Strategies
4 topics
No Notes Yet
6
Develop business Plan
9 topics
No Notes Yet
What Entrepreneurial Skills covers: 40 main topics in 6 chapters

1. Apply financial literacy

  1. 1.1 Personal finance management
  2. 1.2 Balancing between needs and wants
  3. 1.3 Budget Preparation
  4. 1.4 Saving management
  5. 1.5 Factors to consider when deciding where to save
  6. 1.6 Debt management
  7. 1.7 Factors to consider before taking a loan
  8. 1.8 Investment decisions
  9. 1.9 Types of investments Factors to consider when
  10. 1.10 investing money Insurance services
  11. 1.11 insurance products
  12. 1.12 available in the market Insurable risks 1.13 2.1 Difference between Entrepreneurs and Business persons

2. Apply the entrepreneurial concept

  1. 2.2 Types of entrepreneurs
  2. 2.3 Ways of becoming an entrepreneur
  3. 2.4 Characteristics of Entrepreneurs
  4. 2.5 salaried employment and self- Content employment
  5. 2.6 Requirements for entry into self-employment
  6. 2.7 Roles of an Entrepreneur in an enterprise
  7. 2.8 Contributions of Entrepreneurship

3. Identify entrepreneurship opportunities

  1. 3.1 Sources of business ideas
  2. 3.2 Factors to consider when evaluating business opportunity
  3. 3.3 Business life cycle

4. Apply business legal aspects

  1. 4.1 Forms of business ownership
  2. 4.2 Business registration and licensing processing
  3. 4.3 Types of contracts and agreements
  4. 4.4 Employment laws
  5. 4.5 Taxation laws

5. Innovate Business Strategies

  1. 5.1 Creativity in business
  2. 5.2 Innovative business strategies
  3. 5.3 Entrepreneurial Linkages
  4. 5.4 ICT in business growth and development

6. Develop business Plan

  1. 6.1 Business description
  2. 6.2 Marketing plan
  3. 6.3 Organizational/Management
  4. 6.4 plan
  5. 6.5 Production/operation plan
  6. 6.6 Financial plan
  7. 6.7 Executive summary
  8. 6.8 Business plan presentation
  9. 6.9 Business idea incubation

Revise this unit

Exam-style questions Written to CDACC standard, with answers Test yourself Multiple-choice, one at a time Practise questions Quick recall — check you know the facts
3 more for this unit
Oral exam preparation What the assessor asks, and how to answer out loud Worked calculations Step-by-step maths with the common mistakes Quick cards Myth busters, skill tips and scenarios

Beyond the syllabus

Decision simulator On site, what would you do? Workplace scenarios Real site situations — what would you do? Turn this into income Where this skill earns — what to charge, how to find clients

Other units in Module IV