Our Lady of Mount Carmel Department of Business Studies Course Name: Entrepreneurship: The Venture Course Code: BDI 3C Level: Grade 11 Teacher: Period: Room: Course Overview: This course focuses on ways in which entrepreneurs recognize opportunities, generate ideas, and organize resources to plan successful ventures that enable them to achieve their goals. Students will create a venture plan for a school-based or student-run business. Through hands-on experiences, students will have opportunities to develop the values, traits, and skills most often associated with successful entrepreneurs. Prerequisite: None Curriculum Strands: Enterprising People and Entrepreneurs • Analyse the characteristics and contributions of enterprising people; • Compare the characteristics and contributions of various entrepreneurs; • Assess their own entrepreneurial and enterprising potential. Ideas and Opportunities for New Ventures • Explain the importance of invention and innovation to venture creation; • Analyse various methods of generating ideas and identifying opportunities to satisfy needs and wants; • Generate realistic new ideas and identify possible opportunities for a school-based or student-run business; • Conduct primary and secondary marketing research to evaluate the idea or opportunity for their proposed venture. The Benefits of a Venture Plan • Assess the importance of having a venture plan; • Analyse the structure and content of a venture plan; • Explain how to evaluate and revise a venture plan. Developing and Completing a Venture Plan for the Proposed Business • Analyse the resources required to run their chosen venture; • Complete the components of an effective production plan for their chosen venture; • Complete the components of an effective marketing plan for their chosen venture; • Complete the components of an effective financial plan for their chosen venture; • Produce, using appropriate software, a venture plan for their chosen venture. Assessment and Evaluation: Students will be assessed & evaluated according to the work produced & skills displayed. Methods of providing feedback may include assessing work in process & evaluating completed assignments, quizzes, tests, co-operative learning activities, research, and presentations. Category Weightings Term (70%): Knowledge & Understanding Thinking & Inquiry Communication Application 25% 25% 20% 30% Final (30%): Culminating Activity Final Exam 10% 20% Achievement Categories: Knowledge/ Understanding Thinking/Inquiry knowledge of facts and terms critical and creative thinking skills (e.g., evaluating business situations; analysing financial data and solving business problems; making decisions) understanding of concepts, principles, and theories understanding of relationships between concepts and ideas inquiry skills (e.g., generating ideas; formulating questions; planning; selecting strategies and resources; analysing, interpreting, and assessing information; forming conclusions) Communication Application communication of information and ideas (e.g., through writing, visual and oral presentations) use of language, symbols, and visuals application of concepts, skills, and procedures in familiar contexts transfer of concepts, skills, and procedures to new contexts use of equipment, materials, and technology communication for different audiences and purposes (e.g., choice of language and style relevant to business environments) application of technology (e.g. choice of tools and software, ethical use) making connections (e.g. between use of various forms of personal experiences and the communication (e.g., memos, subject, between the subjects and letters, reports) the world outside the school Feedback will also be provided for student learning skills. Skills like working independently, team work, organization, work habits and homework, and initiative are assessed independently student achievement and will be conducted through the use of a rubric indicating specific criteria to be achieved to receive each of the following letter grades: E –Excellent G – Good S – Satisfactory N - Needs Improvement Achievement Levels: Level 1: 50 – 59% Limited knowledge and/or success Level 2: 60 – 69% Some knowledge and/or success Level 3: 70 – 79% Considerable knowledge and/or success Level 4: 80 – 100% Thorough understanding & mastery of skills Please refer to your student agenda for the following policies: Evaluation Attendance Uniform Student Textbook: Entrepreneurship: Creating A Venture. Cranson. 2001. Replacement cost: $80.00 Student: (print name) _________________________________ Signature: ____________________________ Parent/Guardian Signature: _________________________________ Date: ____________________________