Study Guide

Objective

The student knows how to start a limited company with the help of a business plan.
The student can describe the prerequisites for a profitable business.
The student is able to explain basic financial management measures needed in business operations.
The student can implement authentic marketing practices and produce marketing materials.
The student is able to use appropriate communication channels for their business operations.
The student is able to work and perform in an assigned team meeting the expectations and due dates.

Content

- Business plan
- Establishing a limited company (Ltd)
- Basic financial management
- Interaction skills in multicultural groups
- Business communication skills

Qualifications

Business and Entrepreneurship competence

Assessment criteria, satisfactory (1)

The student knows how to start a limited company. They are able to develop and present a business plan. They have the capacity to describe the prerequisites for a business, including basic financial management. The student is able to implement some marketing practices and produce marketing materials. They use communication channels to describe their business operations. The student can work in an assigned team meeting certain expectations and due dates. The attendance policy is 50-80 as explained here: The minimum required attendance to receive the credit is 50 % of all contact hours, but if a student is absent more than 20 % (exceeding 80 of total), the final grade will be automatically lowered. One attendance equals full participation in a lesson, partial participation earns half an attendance. Late submission and/or late delivery automatically results in a late grade (–1 grade down).

Assessment criteria, good (3)

The student knows how to start a limited company and has an active role in it. They are able to develop and present a business plan. They have the capacity to describe the prerequisites for a profitable business, including basic financial management. The student is able to implement authentic marketing practices and produce versatile marketing materials. They use appropriate communication channels to promote their business operations. The student is able to work and perform in an assigned team meeting the expectations and due dates. The attendance policy is 50-80 as explained here: The minimum required attendance to receive the credit is 50 % of all contact hours, but if a student is absent more than 20 % (exceeding 80 of the total), the final grade will be automatically lowered. One attendance equals full participation in a lesson, partial participation earns half an attendance. Late submission and/or late delivery automatically results in a late grade (–1 grade down).

Assessment criteria, excellent (5)

The student knows how to start a limited company and has an active role in it. They are able to develop and present an impressive business plan. They have the capacity to describe the prerequisites for a profitable business, including basic financial management. The student can implement authentic marketing practices and produce versatile, professional-level marketing materials. They use appropriate communication channels to successfully promote their business operations. The student is able to work and perform in an assigned team meeting the expectations and due dates. The minimum required attendance for grade 5 is 80 % of all contact hours and the completion of all mandatory course tasks. Late submission and/or late delivery automatically results in late grade (–1 grade down).