Understanding Different Business Environments
Course Purpose: This unit standard provides a broad introduction to the business environment. What you’ll learn This unit standard provides a broad introduction to the business environment. It is the starting point for a learner in a selected sector. The …
Overview
Course Purpose:
This unit standard provides a broad introduction to the business environment.
What you’ll learn
This unit standard provides a broad introduction to the business environment. It is the starting point for a learner in a selected sector. The focus is knowledge, skills, values and attitudes in relation to the learner`s own context and experience of the world of work.
Duration: 1 Day
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Course Curriculum
Curriculum
Curriculum
- 4 Sections
- 17 Lessons
- 1 Day
- Unit 1: Explain the structure and roles of different types of organisations within their own industry in SAASSESSMENT CRITERIA5
- 1.0The various types of organisations are named and explained using the terminology accepted within their own industry.
- 1.1The roles of the different types of organisations are explained in the context of the business environment.
- 1.2Business activities common to all organisations within the sector are identified and listed from readily available information.
- 1.3Two examples of companies in each business sub-sector are identified from advertisements in the media.
- 1.4Four of the main players in the field are identified and the kind of products or services offered by each are listed and categorised according to purpose.
- Unit 2: Demonstrate an understanding of the concept of a market as applied to a selected business sectorASSESSMENT CRITERIA4
- 2.0The principles of trade that define markets are identified at a basic level of understanding.
- 2.1The basic principles for the marketing of products are differentiated from the basic principles for the marketing of services.
- 2.2The role of a selected business sector in the national economy is explained in the context of the business environment.
- 2.3The value chain describing the way business is conducted in the sector is explained, illustrating with examples.
- Unit 3: Identify and describe the role of professional bodies in a selected business sectorASSESSMENT CRITERIA4
- 3.0The reasons for the existence of professional bodies, associations, and regulatory authorities within or affecting this sector are explained in the context of the roles that they play.
- 3.1Three professional bodies, associations, or regulatory authorities are identified for each of the sub-sectors.
- 3.2The benefits of belonging to a selected professional body, association, or regulatory authority within the sector are outlined from the perspective of both the organisation and the individual.
- 3.3Information about two of the professional bodies, associations, or regulatory authorities is accessed from its website or an industry publication.
- Unit 4: Discuss the market position of a selected organisation in the relevant sub-sectorASSESSMENT CRITERIA4
- 4.0A list of 10 of the products and/or services marketed by a selected organisation is tabulated and compared with equivalent products and/or services of competitor organisations.
- 4.1A description of the organisation’s current competitive position is given, based on available audited data.
- 4.2The strengths and weaknesses of the organisation are compared with those of its two major competitors.
- 4.3The opportunities and threats facing the organisation are explained with reference to the external environment.
Requirements
- Grade 11
- NQF Level 3
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Course Features
- Lectures 17
- Quiz 0
- Duration 1 day
- Skill level All levels
- Language English
- Students 1471
- Assessments Yes