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describe performance objectives and measures including key performance indicators

01 / 10 / 2021 Course Outcomes

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This course is structured to provide students with the optimum learning experience in order to demonstrate the skills and knowledge required to run a business operation and covers the steps required to develop and implement a business plan.


Details of Learning Activities

A range of learning activities are planned for this course including self-paced and collaborative class room based activities.

The self-based activities will be delivered through various technology platforms and will include quizzes, scenario case studies and interactive sessions.

The collaborative classroom based activities will include group discussion, group problem solving activities and opportunities to practice skills in a simulated workplace environment.


Teaching Schedule

Week   Starting    TopicAssessment         
1 8 Feb (1) Course Induction
• Course delivery and assessment details
• Assessment details and assessment task and feedback guide (including grading, plagiarism, appeals, extensions, feedback, privacy, submission requirements, resubmission policy, online learning environment, where to get support – student study support)
Pre-Training review
• Conduct an LLN skills analysis – one per student
• Explain recognition of prior learning and credit transfers (for new students)
• Student checklist
Handout checklist and get each student to sign and hand back. Includes:
student responsibilities (i.e.: must check emails and bb shells weekly).
Program map to confirm all students enrolled correctly

(2) Course Overview - Develop a Business Plan
 
2 15 Feb Business Profile/ Introduction to Business Plan 
3 22 Feb Understanding the business 
4 29 Feb Industry & Market Analysis 
5 7 Mch Competitive Analysis 
6 14 Mch Marketing plans 
7 21 Mch Student Consultation session - Assessment Task 1 Assessment 1 due (3 Apr. Sun. 11.59pm.)
  MID SEMESTER BREAK 
8 4 Apr Production and Purchasing Plan 
9 11 Apr The Management Plan 
10 18 Apr Financial Plan 
11 25 Apr Implement, monitor and measure performance 
12 2 May Student consultation session - Assessment Task 2 
13 9 May Preparation for Oral Presentations Assessment 2 due (15 May, Sun.11.59pm) 
Resubmission for this assessment due date is week 16
(3 Jun Thu.11.59pm)
14 16 May Assessment 3 - Oral Presentation to the class teacher Assessment 3 due in week 14 on the day of the oral 
presentation.
15 23 may Oral presentation to the WIL project client (If applicable) 
16 30 May Resubmissions and Feedback 

Week 1 will consist of an induction to the course which will include completion of a pre training review and familiarisation with:
• Your teacher(s) and other students. 
• Services and facilities 
• Student responsibilities 
• Where to get support 
• Course requirements, key learning outcomes, assessment, feedback and grading. 
• Submission requirements and the resubmission policy 
• Plagiarism 
• Appeals 
• Extensions and Special Consideration 
• Privacy

Please note that the above schedule is a guide and may be altered as deemed necessary by your teacher.


Learning Resources

Prescribed Texts


References


Other Resources


Overview of Assessment

Assessment Methods

Assessment methods have been designed to measure achievement of the requirements in a flexible manner over a range of assessment tasks, for example:

  • direct questioning combined with review of portfolios of evidence and third party workplace reports of on-the-job performance by the candidate
  • review of final printed documents
  • demonstration of techniques
  • observation of presentations
  • oral or written questioning to assess knowledge of software applications

You are advised that you are likely to be asked to personally demonstrate your assessment work to your teacher to ensure that the relevant competency standards are being met.

Performance Evidence

You must provide evidence of the ability to:

  • analyse and research business vision, mission, values, objectives, goals, competitors, financial targets, management arrangements, marketing approaches and strategic, business and operational plans
  • write a business plan which includes a description of the business, products and services, financial, physical and human resource requirements, permit and licence requirements, marketing activity, financial indicators, productivity and performance targets for key result areas
  • implement a business plan including ensuring skilled labour is available, and that training is provided where appropriate
  • monitor and respond to business performance including evaluation of performance against key results indicators including profit and loss, community awareness or branding, environmental impact, governance, quality, sales, triple bottom line and the workforce
  • consult, communicate with and report to key stakeholders including business partners, financiers, customers, staff and technical advisers
  • provide an analysis of the strengths and weaknesses of a business plan.

Knowledge Evidence

To complete the unit requirements safely and effectively, the individual must:

  • outline processes for developing business plans
  • describe performance objectives and measures including key performance indicators
  • identify key stakeholders.


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