Course Title: Investigate micro business opportunities

Part A: Course Overview

Program: C4372 Certificate IV in Music Industry (Sound Production)

Course Title: Investigate micro business opportunities

Portfolio: DSC Portfolio Office

Nominal Hours: 30

Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.

Terms

Course Code

Campus

Career

School

Learning Mode

Teaching Period(s)

BUSM8788C

City Campus

TAFE

345T Media and Communication

Face-to-Face

Term1 2017,
Term2 2017

Course Contact: Program Administration

Course Contact Phone: +61 3 9925 4815

Course Contact Email: mcvet@rmit.edu.au



Course Description

This unit describes the skills and knowledge required to consider the major elements of a business idea, undertake research to determine viability of the business opportunity and present the idea with reference to the legislative frameworks affecting the business.

Pre-requisite Courses and Assumed Knowledge and Capabilities

None



National Competency Codes and Titles

National Element Code & Title:

BSBSMB301 Investigate micro business opportunities

Elements:

1. Describe business ideas

2. Identify market needs

3. Investigate factors affecting the market


Learning Outcomes

On successful completion of this unit, you will have the knowledge and skills to effectively develop micro business opportunities in the music and sound production industries.


Overview of Assessment

Assessment will include evidencing the ability to:

Research and analyse information from a range of sources to investigate a Business opportunity, including:

  • Financial considerations
  • Digital technologies
  • Market size, potential and trends
  • Ethical and cultural requirements of the market
  • Resource availability
  • Review data for potential impact on the market, products, services and customers
  • Match products and services to the business opportunity.