Course Title: Develop a micro business proposal
Part B: Course Detail
Teaching Period: Term2 2018
Course Code: BUSM8786C
Course Title: Develop a micro business proposal
School: 650T Vocational Business Education
Campus: City Campus
Program: C4386 - Certificate IV in Tertiary Preparation
Course Contact: Ms Sylvia Baroutis
Course Contact Phone: +61 3 9925 5469
Course Contact Email: sylvia.baroutis@rmit.edu.au
Name and Contact Details of All Other Relevant Staff
Nominal Hours: 30
Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.
Pre-requisites and Co-requisites
None
Course Description
This unit describes the skills and knowledge required to research the feasibility of a business opportunity, and to present a business idea in formats suiting a rang of stakeholders.
It applies to individuals who are establishing or operating a micro business providing self-employment.
National Codes, Titles, Elements and Performance Criteria
National Element Code & Title: |
BSBSMB302 Develop a micro business proposal |
Element: |
1. Evaluate business opportunities |
Performance Criteria: |
1.1 Identify and research key factors influencing viability of business ideas 1.2 Analyse business ideas in terms of personal or family needs and commitments 1.3 Evaluate impacts of emerging or changing technology, including e-commerce, on the opportunity 1.4 Determine viability of business opportunity in line with perceived risks, available resources, financial returns and other outcomes sought 1.5 Assess and match personal skills and attributes against those required for a particular business opportunity 1.6 Identify and assess business risks according to resources available and personal preferences |
Element: |
2. Detail the business idea |
Performance Criteria: |
2.1 Develop an accurate description of the business idea for key stakeholders 2.2 Develop an accurate summary of the major products or services required to suit personal needs and requirements |
Element: |
3. Prepare the business overview to suit different stakeholders |
Performance Criteria: |
3.1 Present an accurate list of key stakeholders and their information requirements 3.2 Determine an acceptable method of presentation of information for each stakeholder 3.3 Provide accurate customised information to target audiences |
Learning Outcomes
Details of Learning Activities: A range of learning activities are planned for this course including self-paced and collaborative classroom based activities. The self-paced activities will be delivered thought various technology platforms and include your contribution to discussion threads, reflective journals, quizzes and interactive sessions. The collaborative classroom based activities will include group discussion, group problem solving activities and opportunities to practice your skills. We expect you to participate and contribute in all scheduled learning activities, many of the learning activities will be documented in your online journal and form part of your assessment. Teaching Schedule: Prior to training commencement a program level induction session will be conducted that comprises the following: • Program overview and requirements • MyRMIT/Canvas • Overview of assessment requirements • Pre-Training Review including: - Recognition of Prior Learning and Credit Transfers - Assessment of current skills and knowledge • Competency/Grading Criteria • Plagiarism • Appeals • Extensions • Feedback • Privacy • Submission requirements • Resubmission policy • Where to get support •Student responsibilities The Teaching Schedule for this course is attached to this document (Part B) but please note that it is subject to change. The nominal hours associated with this are a guide only and represent the total teaching time and student effort required to successfully complete the course. This may include not only scheduled classes but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities including the self - paced activities in the workbooks. Learning Resources, all resources are available in the Canvas LMS Prescribed Texts: NIL References: NIL Other Resources: It is recommended that you have a pen and a notebook to take notes. Online learning materials can be accessed by going into the RMIT web sites Online Learning Hub The online learning materials listed include: • Course outlines • Course Workbooks • Supporting Reading material • Industry relevant articles •Activities
Details of Learning Activities
Details of Learning Activities:
A range of learning activities are planned for this course including self-paced and collaborative classroom based activities. The self-paced activities will be delivered thought various technology platforms and include your contribution to wikis and discussion threads, reflective journals, quizzes and interactive sessions. The collaborative classroom based activities will include group discussion, group problem solving activities and opportunities to practice your skills in a simulated/real workplace environment. We expect you to participate and contribute in all scheduled learning activities.Teaching Schedule
Prior to training commencement a program level induction session will be conducted that comprises the following:
- Overview of assessment requirements
- Program overview and requirements
- MyRMIT/Canvas
- Pre-Training Review including:
- Recognition of Prior Learning and Credit Transfers
- Assessment of current skills and knowledge
- Where to get support
- Submission requirements
- Feedback
- Appeals
- Competency/Grading Criteria
- Plagiarism
- Extensions
- Privacy
- Resubmission policy
- Student responsibilities
The Teaching Schedule for this course is attached to this document (Part B) but please note that it is subject to change.
The nominal hours associated with this are a guide only and represent the total teaching time and student effort required to successfully complete the course. This may include not only scheduled classes but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities including the self - paced activities in the workbooks.Learning Resources
Prescribed Texts
References
Other Resources
Online learning materials can be accessed by going into the RMIT web sites Online Learning Hub
The online learning materials listed include:- Course outlines
- Power point Presentations
- Course Workbooks
- Supporting Reading material
- Industry relevant articles
- Activities
Overview of Assessment
In order to achieve competency in this unit, you must provide:
Performance Evidence
Evidence of the ability to:
- analyse information from a range of sources to evaluate a business opportunity, including:
- consideration of personal and family commitments
- digital technologies including e-commerce
- risk identification and assessment
- personal skills and attributes analysis against required skills
- financial returns
- document and communicate the business idea, and products and services to stakeholders including:
- customising information for each stakeholder.
Note: If a specific volume or frequency is not stated, then evidence must be provided at least once.
Knowledge Evidence
To complete the unit requirements safely and effectively, the individual must:
- summarise relevant government legislative requirements relating to micro business operations
- explain how to manage income and expenditure costing for a micro business
- discuss regulations and codes of practice relevant to micro business operation
- outline principles of risk assessment relevant to the business opportunity
- describe at least three different business proposal formats or methods of presentation.
Assessment Conditions
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:
- business technology including internet access
- relevant legislation, regulations, standards and codes
- relevant workplace documentation and resources
- case studies, or where possible, real situations
- interaction with others.
Feedback
Feedback will be provided throughout the semester in class and/or online discussions. You are encouraged to ask and answer questions during class time and online sessions so that you can obtain feedback on your understanding of the concepts and issues being discussed. Finally, you can email or arrange and appointment with your teacher to gain more feedback on your progress.
You should take note of all feedback received and use this information to improve your learning outcomes and final performance in the course.
Assessment Tasks
Task 1 – Journal entries (Weeks 1-12) Task 2 – Knowledge questions (Weeks 1, 3 -10) Task 3 – Business plan (Week 14) Task 4 – Shark Tank presentation (Week 15)
Assessment Matrix
Assessment task |
BSBCRT301 Develop and extend critical and creative thinking skills |
BSBSMB302 Develop a micro business proposal
|
BSBRES404 Develop Work Priorities
|
Task 1 – Journal entries (Weeks 1-12) |
X |
X |
X |
Task 2 – Knowledge questions (Weeks 1, 3-10) |
X |
X |
X |
Task 3 – Business plan (Week 14) |
|
X |
|
Task 4 – Shark Tank presentation (Week 15) |
X |
X |
X |
Other Information
Submission Requirements
You Should:
- Ensure that you submit assessments on or before the due date.
- Always retain a copy of your assessment tasks. (hard copy and soft copy)
- When you submit work for assessment at RMIT University you need to use a cover sheet that includes a declaration and statement of authorship. You must complete, sign and submit a cover sheet with all work you submit for assessment, whether individual or group work. On the cover sheet you declare that the work you are presenting for assessment is your own work. An assignment cover sheet for submission of each assessment task is available on blackboard.
Late Submission Procedures:
You are required to submit assessment items and/or ensure performance based assessment is completed by the due dates.
If you are prevented from submitting an assessment item on time, by circumstances outside your control, you may apply in advance to your teacher for an extension to the due date of up to seven calendar days.
More Information: https://www.rmit.edu.au/students/student-essentials/assessment-and-exams/assessment/extensions-of-time-for-submission-of-assessable-work
Form to use: http://mams.rmit.edu.au/seca86tti4g4z.pdf
Where an extension of greater than seven days is needed, you must apply for special consideration. Applications for special consideration must be submitted no later than two working days after the assessment task deadline or scheduled examination.
More Information: https://www.rmit.edu.au/students/student-essentials/assessment-and-exams/assessment/special-consideration
Form to use: http://mams.rmit.edu.au/m9yljqvw15di.pdf
Resubmissions (VET Programs):
If you are found to be unsuccessful in a particular Course Assessment Task (or you do not submit/attend) you will be allowed one resubmission. Your teacher will provide feedback regarding what you need to do to improve and will set a new deadline for the resubmission.
If you are still not meeting the assessment requirements you must apply to your Program Manager in writing outlining the steps you will take to demonstrate competence in your course. Your submission will be considered by the Program Team and you will be advised of the outcome as soon as possible.
Grading & re-submissions:
Re-submissions do not contribute to your overall grade for the course.
Adjustments to Assessment
In certain circumstances students may be eligible for an assessment adjustment. For more information about the circumstances under which the assessment arrangements might be granted please access the following website:
More Information: https://www.rmit.edu.au/students/student-essentials/assessment-and-exams/assessment/adjustments-to-assessment
Marking Guide (Competency):
You must demonstrate that you have all the required skills/knowledge/elements in the unit of competency you are studying.
You will receive feedback on each assessment task that will inform you about your progress and how well you are performing.
Marking Guide (Grading):
After achieving competency we then grade your performance in the unit and you will achieve one of the following grades:
Final Grades Table:
CHD Competent with High Distinction
CDI Competent with Distinction
CC Competent with Credit
CAG Competency Achieved – Graded
NYC Not Yet Competent
DNS Did Not Submit for assessment
Further information regarding the application of the grading criteria will be provided by your teacher.
Course Overview: Access Course Overview