learninglms.gnomio.com

CHAPTER 5: ENTREPRENEURSHIP EDUCATION/ DEMONSTRATE 
UNDERSTANDING OF ENTREPRENEURSHIP
5.1 Introduction
Demonstrate understanding of enetrpreneurship unit of competence is among the seven 
basic competencies units offered in all the TVET Level 6 qualification. The unit covers the 
knowledge, skills, and behaviour required to demonstrate understanding of enterpreneurial 
culture. It entails understanding of an enterpreneur , enterpreneurship and self employment 
by identifying enterpreneural oppurtunities, creating awareness, developing and applying 
business innovative strategies. This unit is important to for employment creation, bridging 
unemployment and increasing innovativeness in econmic development thus economic 
growth.
The critical aspects of competency to be covered includes; distinguish enterprenuer and 
business persons, identify enterpreneurship oppurtunities and their legal aspects, identify 
business resources for self employment, generate business ideas, analyse business life 
cycle,develop business and finnacail plan, prepare executive summary and present business 
plan in accordance with principles and policies governing enterpreneurship.The basic 
resources required include check list, research tools and machines. The unit of competency 
cover seven learning outcomes. Each of the learning outcome presents; learning activities 
that covers performance criteria statements, thus creating trainee’s an opportunity to 
demonstrate knowledge and skills in the occupational standards and content in curriculum. 
Information sheet provides; defition of key terms, content and illustration to guide in 
training. The competency may be assessed through written test, demostration, practical 
assignment, interview/oral questioning and case study. Self assessment is provided at the 
end of each learning outcome. Holistic assessment with other units relevant to the industry 
sector workplace and job role is recommended. 
5.2 Performance Standard
Apply entrepreneurship and self-employment understanding, identify entrepreneurship 
opportunities and develop innovative business strategies in accordance to principles of 
entrepreneurship, business procedures and strategies and requirement for entry into selfemployment and government policies.
5.3 Learning Outcomes
5.3.1 List of learning outcomes
a) Demonstrate understanding of who an entrepreneur is 
b) Demonstrate knowledge of entrepreneurship and self-employment
c) Identify entrepreneurship opportunities 
d) Create entrepreneurial awareness 
e) Apply entrepreneurial motivation
f) Develop business innovative strategies 
g) Develop business plan