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Wood Technology & Design 1-4

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📚 Topics

  1. Assessment and Review
    Monitoring business performance through record-keeping, financial analysis, and feedback mechanisms.
  2. Business Communication
    Types of business communication, verbal and non-verbal communication, and use of ICT tools in bus...
  3. Business Operations
    Day-to-day running of a business including production, procurement, inventory control, and record...
  4. Business Ownership
    Different types of business ownership structures: sole proprietorship, partnership, private and p...
  5. Business Planning
    Components and preparation of a business plan including executive summary, marketing plan, operat...
  6. Entrepreneurship and Innovation
    Understanding entrepreneurship, the role of innovation, characteristics of successful entrepreneu...
  7. Ethics and Social Responsibility
    Business ethics, corporate social responsibility, sustainability, and ethical decision making.
  8. Feasibility Study
    Assessment of market, financial, technical, and legal aspects of starting a business to determine...
  9. Financial Literacy
    Basics of budgeting, saving, borrowing, investment, and managing cash flows.
  10. Marketing Strategies
    Understanding target markets, product development, pricing, distribution, and promotion techniques.
  11. Risk Management
    Identification of business risks, mitigation strategies, insurance, and contingency planning.
  12. Sources of Business Ideas
    Exploring different sources of business ideas such as personal experience, market research, brain...