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3.5 Assess Your Ability to Run a Business
| Title: | Assess Your Ability to Run a Business |
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| QCA code: | F/500/4584 |
| Level: | Three |
| Credit Value: | One |
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Learning Outcomes The learner will: |
Assessment criteria The learner can: |
| 1.1 Assess the skills and abilities that might be needed to run all aspects of your business in the short and longer term 1.2 Evaluate your skills and abilities in relation to those needed and assess your strengths and weaknesses |
| 2.1 Identify potential changes, opportunities and threats to your business and evaluate your and other people’s skills and abilities to deal with them 2.2 Obtain and assess a range of information from colleagues and other professionals about your performance 2.3 Check findings and plan which of your skills and abilities to improve in order to meet your future business needs 2.4 Assess whether or not other people or organisations might be needed to help meet your future business needs |
| 3.1 Set your own performance targets to meet predicted business needs 3.2 Plan what information or feedback to use to assess your progress against performance targets 3.3 Plan review dates and measures to assess whether your own skills and abilities continue to meet your business needs |
| Additional information about the unit | |
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Unit aim(s) |
To support the development of skills needed to assess and review own and other people’s skills when starting up a business |
| Unit expiry date | 2008 |
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Details of the relationship between the unit and relevant national occupational standards (if appropriate) |
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Details of the relationship between the unit and other standards or curricula (if appropriate) |
Not applicable |
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Assessment requirements specified by a sector or regulatory body (if appropriate) |
Assessment to be based on naturally occurring evidence or realistic work environment |
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Endorsement of the unit by a sector or other appropriate body (if required) |
Supported by SFEDI |
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Location of the unit within the subject/sector classification system |
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Name of the organisation submitting the unit |
OCR |
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Availability for use |
To be used only by the following partners engaged in the SFEDI Framework project when developing Business Enterprise Qualifications CMI, Edexcel, IAB, ILM, NOCN, OCR, VTCT |
