[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-0-en-105":3,"doc-seo-315979-105":59,"doc-detail-315979-en":131},{"code":4,"msg":5,"data":6},0,"success",[7,13,18,23,28,33,38,43,48,51,55],{"id":8,"doc_module":4,"doc_module_name":9,"category_name":10,"show_sort_weight":11,"slug":12},1,"Document","Story & Novel",90,"story-novel",{"id":14,"doc_module":4,"doc_module_name":9,"category_name":15,"show_sort_weight":16,"slug":17},2,"Literature",80,"literature",{"id":19,"doc_module":4,"doc_module_name":9,"category_name":20,"show_sort_weight":21,"slug":22},4,"Exam",70,"exam",{"id":24,"doc_module":4,"doc_module_name":9,"category_name":25,"show_sort_weight":26,"slug":27},5,"Comic",60,"comic",{"id":29,"doc_module":4,"doc_module_name":9,"category_name":30,"show_sort_weight":31,"slug":32},6,"Technology",50,"technology",{"id":34,"doc_module":4,"doc_module_name":9,"category_name":35,"show_sort_weight":36,"slug":37},7,"Healthcare",40,"healthcare",{"id":39,"doc_module":4,"doc_module_name":9,"category_name":40,"show_sort_weight":41,"slug":42},8,"Research & Report",30,"research-report",{"id":44,"doc_module":4,"doc_module_name":9,"category_name":45,"show_sort_weight":46,"slug":47},9,"Religion & Spirituality",20,"religion-spirituality",{"id":46,"doc_module":4,"doc_module_name":9,"category_name":49,"show_sort_weight":46,"slug":50},"World Cup","world-cup",{"id":52,"doc_module":4,"doc_module_name":9,"category_name":53,"show_sort_weight":52,"slug":54},10,"Lifestyle","lifestyle",{"id":56,"doc_module":4,"doc_module_name":9,"category_name":57,"show_sort_weight":24,"slug":58},19,"General","general",{"code":4,"msg":60,"data":61},"ok",{"site_id":62,"language":63,"slug":64,"title":65,"keywords":66,"description":67,"schema_data":68,"social_meta":124,"head_meta":126,"extra_data":128,"updated_unix":130},105,"en","unit-1-planning-a-business","Unit 1 - Planning a business","","Unit 1 focuses on how businesses are created through entrepreneurship and structured planning, emphasizing the economic and social wellbeing impact of business activity. Students examine factors influencing business ideas, the internal and external environments in which businesses operate, and how these environments affect planning success. The unit covers entrepreneurship concepts, business opportunity sources, goal setting and decision-making, market research and feasibility studies, and methods to foster innovation. 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They should also analyze internal business environment factors and how these can affect business planning.","Answer",{"name":116,"@type":111,"acceptedAnswer":117},"What kinds of sources can generate business opportunities?",{"text":118,"@type":114},"Sources include innovation, recognizing and acting on market opportunities, changing customer needs, research and development, technological development, and global markets.",{"name":120,"@type":111,"acceptedAnswer":121},"How does the internal business environment affect planning success?",{"text":122,"@type":114},"The internal environment influences the approach a business takes to planning and the extent to which planning is successful. 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entrepreneurs to establish a business and the fostering of conditions under which new business ideascan emerge are vital for a nation's wellbeing.Taking a business idea and planning how to make it a realityare the cornerstones of economic and social development.In this unit students explore the factors affectingbusiness ideas and the internal and external environments within which businesses operate,as well as theeffect of these on planning a business.They also consider the importance of the business sector to thenational economy and social wellbeing.  \n# Area of Study 1\n\nThe business idea  \nIn this area of study students investigate the concept of entrepreneurship.They consider how businessideas are created and how conditions can be fostered for new business ideas to emerge.New businessideas come from a range of sources,such as identifying a gap in the market,technological developmentsand changing customer needs.Students explore some of the considerations to be made before a businesscan be established as well as the importance of businesses to the national economy and social wellbeing.  \n# Outcome 1\n\nOn completion of this unit the student should be able to describe a process for creating and developinga business idea,and explain how innovative and entrepreneurial practices can contribute to the nationaleconomy and social wellbeing.  \nTo achieve this outcome the student will draw on key knowledge and key skills outlined in Area of Study 1.  \n## Key knowledge\n\n● the concept of entrepreneurship  \n·  the personal motivation behind starting a business such as the desire for financial and personalindependence,to make a profit and to fulfil a market and/or social need  \n● the characteristics of successful business managers and business entrepreneurs and how thesecharacteristics contribute to business success  \n·  sources of business opportunity such as innovation,recognising and taking advantage of marketopportunities,changing customer needs,research and development,technological developmentand global markets  \n·  the importance of goal setting and decision-making in business  \n● the importance of business concept development  \n● the relationship between business opportunities and business concept development  \n● market research and initial feasibility studies  \n● the contribution that businesses make to the economic and social wellbeing of a nation  \n● the methods by which a culture of business innovation and entrepreneurship may be fostered ina nation,such as government investment in research and development,council grants for newbusinesses,school-based educational programs in entrepreneurship,and the creation of regionalbusiness start-up hubs  \n## Key skills\n\n● identify,define,describe and apply business management concepts and terms  \n● interpret,discuss and compare business information and ideas  \n● analyse case studies and contemporary examples of business management  \n·  apply business management knowledge to practical and/or simulated business situations  \n# Area of Study 2\n\n## Internal business environment and planning\n\nThe internal environment affects the approach a business takes to planning and the extent to which planningis successful.A business owner will generally have more control over the activities,functions and pressuresthat occur within the business.These factors,such as business models,legal business structures andstaffing,will also be influenced to some extent by the external environment.Students explore the factorswithin the internal business environment and consider how planning decisions involving these factors mayaffect the ultimate success of a business,with success being measured by the extent to which businessobjectives are met within a specific timeframe.  \n# Outcome 2\n\nOn completion of this unit the student should be able to describe the internal business environme","cbCaiqPW1Eko2vl5","https://ap.wps.com/l/cbCaiqPW1Eko2vl5","pdf",1665556,"English","# Unit 1: Planning a business\n## Area of Study 1\n### The business idea\n## Outcome 1\n## Key knowledge\n## Key skills\n## Area of Study 2\n## Internal business environment and planning\n## Outcome 2\n## Key knowledge\n## Key skills\n## Area of Study 3\n## External business environment and planning","[{\"question\":\"What should students be able to do by the end of Unit 1?\",\"answer\":\"Students should be able to describe a process for creating and developing a business idea, and explain how innovative and entrepreneurial practices contribute to national economic and social wellbeing. They should also analyze internal business environment factors and how these can affect business planning.\"},{\"question\":\"What kinds of sources can generate business opportunities?\",\"answer\":\"Sources include innovation, recognizing and acting on market opportunities, changing customer needs, research and development, technological development, and global markets.\"},{\"question\":\"How does the internal business environment affect planning success?\",\"answer\":\"The internal environment influences the approach a business takes to planning and the extent to which planning is successful. Business owners generally have more control over activities and pressures inside the business, and planning decisions involving factors like models, legal structures, and staffing can affect whether business objectives are met within a timeframe.\"}]","Unit 1 - Planning a business | PDF",1789908729]