Course Title: Entrepreneurship: The Venture, Grade 11
Course Code: BDI 3C
Course Type: Mixed (University,College)
Credit Value: 1.0
Prerequisite: None required
Department: Business Studies
Tuition Fee (CAD): $639
This course focuses on ways in which entrepreneurs recognize opportunities, generate ideas, and organize resources to plan successful ventures that enable them to achieve their goals. Students will create a venture plan for a school-based or student-run business. Through hands-on experiences, students will have opportunities to develop the values, traits, and skills most often associated with successful entrepreneurs.
Overall Curriculum Expectations
By the end of the course, students will gain proficiency in the following areas:
Enterprising People and Entrepreneurs
- analyze the characteristics and contributions of enterprising people;
- compare the characteristics and contributions of various entrepreneurs;
- assess their own entrepreneurial and enterprising potential.
Ideas and Opportunities for New Ventures
- explain the importance of invention and innovation to venture creation;
- analyze various methods of generating ideas and identifying opportunities to satisfy needs and wants;
- generate realistic new ideas and identify possible opportunities for a school-based or student-run business;
- conduct primary and secondary marketing research to evaluate the idea or opportunity for their proposed venture.
The Benefits of a Venture Plan
- assess the importance of having a venture plan;
- analyze the structure and content of a venture plan;
- explain how to evaluate and revise a venture plan.
Developing and Completing a Venture Plan for the Proposed Business
- analyze the resources required to run their chosen venture;
- complete the components of an effective production plan for their chosen venture;
- complete the components of an effective marketing plan for their chosen venture;
- complete the components of an effective financial plan for their chosen venture;
- produce, using appropriate software, a venture plan for their chosen venture
|Unit 1: Enterprising People and Entrepreneurs|
In this unit, you will focus on the characteristics and skills of successful business people. You will investigate both intrapreneurial and entrepreneurial opportunities in business today. You will look at how enterprising people become successful within the organizations that employ them. You will also look at examples of entrepreneurs and examine what helped them and their venture become successful. You will investigate entrepreneurs in both their local and surrounding communities and evaluate their contributions to the economy and to the community (for the good of the community).
|Unit 2: Ideas and Opportunities for New Ventures|
You will be introduced to the concepts of invention and innovation. You will come to appreciate the contributions that Canadian inventors and innovators have made to our country and the world. Next, you will work through the process of recognizing an opportunity, generating ideas, and evaluating the opportunity and ideas based on economic viability. You will select an idea that will be the basis for the culminating activity of the course – the venture plan. You will realize that opportunities are all around you and that there are unlimited ideas that can be generated from those opportunities. You will understand the purpose and scope of market research and perform some research on a local level.
|Unit 3: Venture Plan|
Venture plans, also known as business plans, are an important contributor to an entrepreneur’s success. In this unit, you will gain an understanding of key terms and concepts associated with the venture plan.
|Unit 4: Developing and Completing a Venture Plan for a Proposed Business|
This unit outlines information on suppliers, equipment, materials, relevant regulations, and human resource needs. The initial formative assessment will gauge your familiarity with the basic resources of any business or venture and will review some terminology from previous units. You will study the various forms of business ownership and will determine which form is the best for your proposed venture. You will investigate the method you will use to produce your product or deliver your service and choose the most appropriate one for your venture. You will look at standard principles of inventory management and its importance to a business. You will also develop a marketing plan including the delivery, promotion, and pricing policy for your product or service.
|Unit 5: The Venture Plan|
This unit is the Culminating Performance Task for this course. You will be expected to develop and submit a completed Venture Plan (Business Plan) for a proposed venture. All the components of the Venture Plan that have been covered throughout the course are expected to be present in this plan. Since you have been working on various components of this plan throughout the previous units, this task should include information on suppliers, equipment, materials, relevant regulations and human resource needs, a description of the type of business ownership for the venture, the method you will use to produce your product or deliver your service, standard principles of inventory management, a marketing plan including the delivery, promotion and pricing policy for your product or service, sources of start-up capital for your company and your three financial statements: the Income Statement, the Balance Sheet, and the Cash Flow statement.
|Total Hours||110 hours|