Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
BSBSMB301 Mapping and Delivery Guide
Investigate micro business opportunities
Version 1.0
Issue Date: June 2024
Qualification | - |
Unit of Competency | BSBSMB301 - Investigate micro business opportunities |
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Description | |||
Employability Skills | |||
Learning Outcomes and Application | This unit describes the skills and knowledge required to consider the major elements of a business idea, undertake research to determine viability of the business opportunity and present the idea with reference to the legislative frameworks affecting the business.It applies to individuals who are establishing or operating a micro business for self-employment. No licensing, legislative or certification requirements apply to this unit at the time of publication. | ||
Duration and Setting | X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting. Assessment must be conducted in a safe environment where evidence gathered demonstrates consistent performance of typical activities experienced in the Management and Leadership – Small and Micro Business field of work and include access to: internet access for research data collection tools and software relevant legislation, regulations, standards and codes relevant workplace documentation and resources case studies, or where possible, real situations interaction with others. Assessors of this unit must satisfy the requirements for assessors in applicable vocational education and training legislation, frameworks and/or standards. |
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Prerequisites/co-requisites | |||
Competency Field |
Development and validation strategy and guide for assessors and learners | Student Learning Resources | Handouts Activities |
Slides PPT |
Assessment 1 | Assessment 2 | Assessment 3 | Assessment 4 | |
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Elements of Competency | Performance Criteria | |||||||
Element: Describe business ideas |
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Element: Identify market needs |
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Element: Investigate factors affecting the market |
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