business Orientation | skills development | management training | competency | South Africa

Basic BUSINESS SKILLS

AIM OF THE MODULE

On successful completion of this module learners will demonstrate an understanding of entrepreneurship and the management skills to run a small business. Central to the learning process is an introduction to marketing and the need to identify and investigate consumer markets. Learners will be able to discuss the importance of product planning and different methods that can be used to calculate the cost and selling price of stock. Learners will be introduced to the challenges that a new business owner has to face when finances are required.

LEARNING OUTCOMES

On completion of this module the learner will be able to:

  • Describe the skills, aptitude and expertise of a successful business person
  • Identify different consumer markets
  • Conduct an evaluation of a specific market
  • Carry out basic product planning
  • Complete a range of budgets for a small business
  • Develop a business plan
  • Explain how a small business can be financed