Study Guide

Objective

Students will adopt an entrepreneurial approach and will understand basic business concepts and processes and the significance of enterprise in society. They will be able to describe a the basic functions of a business and understand the basics of profitable business operations.

Content

The importance of enterprise in society
Internal and external entrepreneurship
Concept and business idea
Basic business model and processes
Stakeholders and networking
Forms of business
Marketing and customer oriented approaches
Profitability

Evaluation scale

0 - 5

Assessment criteria, excellent (5)

The students are able to use and combine business concepts comprehensively. They are able to analyse, compare and critically assess their business competence and business procedures with acquired knowledge. They are able to work as members of a team, promoting and developing the team's work.

Assessment criteria, good (3)

The students are able to describe and justify business concepts and procedures. They are able to work independently based on acquired knowledge and instructions and can apply business techniques and models. They are able to work as members of a team, to achieve the team's goals and to justify their actions with professional ethics.

Assessment criteria, satisfactory (1)

The students are able to define and use business concepts according to professional ethical principles.

Assessment criteria, approved/failed

Exam 1-5
Practice book pass/fail