2 Courses
QUAL ID: 103284
Level 1 Learning Manual
524901009 KM-01 and 524901009 KM-02
CHAPTER SUMMARY
Understand what an entrepreneur is
Identify the qualities that an entrepreneur should possess
Distinguish between the various types of business
Identify the advantages and disadvantages of the different types of businesses
Understand the difference between micro, macro and market businesses
Understand the impact, the different parties have on the micro business environment
Describe the importance of a business plan
Explain the importance of vision, mission and values in a micro-environment
Describe the SWOT analysis and the importance thereof
Explain different concepts used in financial terminology
Understand the dynamics of debt and the impact of interest on an individual
Explain the importance of a personal budget
Identify the different elements of a budget
Explain the importance of saving
Describe the principle of cash flow
Explain the importance of communication in a business
Identify different types of communication channels
Explain the importance of listening effectively
NQF Level: 2
52490109-KM-03 and 52490109-KM-04
LEGAL AND REGULATORY REQUIREMENTS
Basic Principles of the OHS Act
Basic principles in first aid, firefighting and health and safety
Characteristics and functions of personal health monitoring, PPE and housekeeping
Safe handling and storage of chemicals and materials
Environmental risk areas and green practices
Safety principles
ENVIRONMENT, ENERGY EFFICIENCY AND ETHICS
Theories and principles of relevant environmental sustainability requirements
Concepts, theories and principles of energy efficiency
Theories, concepts and principles of ethics