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US 114596 Research The Viability Of New Venture Ideas / Opportunities
0% Complete 0/7 Steps
US 114600 Apply innovative thinking to the development of a small business
Module 02 Develop specific techniques for releasing creativity in developing ideas/opportunities. 3 Lessons
0% Complete 0/3 Steps
US 263356 Demonstrate an understanding of the function of the market mechanisms in a new venture
Module 03 Explain the free market system in terms of perfect and imperfect competitive markets. 14 Lessons
0% Complete 0/14 Steps
1.5 The advantages and disadvantages of competition are explained with examples for the consumer and business.
1.5. The relationship between demand, supply and price is discussed with reference to own products or service.
1.7. An explanation is given for the role of foreign currency and exchange rates in the general economy.
1.9. An explanation is given of the role of the interest/BA rate, Gross Domestic Product and Balance of Payments in the operations of the new venture.
US 9015 Apply knowledge of statistics and probability to critically interrogate and effectively communicate findings on life related problems
0% Complete 0/8 Steps
1.5. Graphical representations and numerical summaries are consistent with the data, are clear and appropriate to the situation and target audience.
1.6. Resolutions for the situation or issue are supported by the data and are validated in terms of the context.
US 7468 Use mathematics to investigate and monitor the financial aspects of personal, business, national and international issues
0% Complete 0/9 Steps
1.2 Calculations are carried out using computational tools efficiently and correctly and solutions obtained are verified in terms of the context.
1.4. The differences between simple and compound interest are described in terms of their common applications and effects.
1.7. Computational tools are used efficiently and correctly and solutions obtained are verified in terms of the context or problem.
1.8. Reasonable methods are described for the control of costs and optimisation of profits in relation to given data.