Understanding business & enterprise
Challenge reference: 1039
| Notional learning hours | 10 | ||
|---|---|---|---|
| Level | Entry 3 | ||
| Subject area | |||
| Preparing for Adulthood pathway | |||
| Skill | |||
| Learning aim | Learners will gain an understanding of what a business is and what to think about when starting a new enterprise. |
||
| Learning context | Please log in to see the rest of this challenge |
||
Learning outcomes
What the learner needs to know, understand or be able to do
The learner will:
- Know about different types of business
- Be able to find out about a business.
Please log in to see the rest of this challenge
Assessment criteria
What the learner need to demonstrate in order to meet the learning outcome
The learner can:
- Describe what a Sole Trader business is.
- Describe what a Partnership business is.
- Describe what Public Limited Company is.
- Describe what Private Limited Company is.
- Choose 1 local, national or international business.
- Describe the chosen business's values.
- Describe how the business produces money to operate.
- Describe how the business will use it profits.
Please log in to see the rest of this challenge