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: Vocational Education
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.