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Quick Look Course Summary:Demonstrate an understanding of the function of the market mechanisms in a new venture
  • Next Public Course Date:

  • Length: 3 day(s)

  • Price (at your venue): 1 Person R 15,365.00 EX VAT 3 Person R 9,344.72 EX VAT 10 Person R 6,014.09 EX VAT

  • Certification Type:Non-Accredited

  • Locations & Venues: Off-site or in-house. We train in all major city centres throughout South Africa.

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Demonstrate an understanding of the function of the market mechanisms in a new venture

(This Unit Standard course is aligned to: Further Education and Training Certificate: New Venture Creation)

SAQA I.D. 66249 NQF Level: NQF Level 04

Unit Standard: 263356

Number of credits:  5

Course Introduction

Starting a business is made that much easier with BOTI’s classes for entrepreneurs.  Enroll on an entrepreneurship program or reserve your seat on BOTI’s Unit Standard course: Demonstrate an understanding of the function of the market mechanisms in a new venture.  BOTI offers business training programmes across South Africa.

Course Outline

This Unit Standard is intended for those individuals who wish to develop an understanding of the way market mechanisms operate in a new venture. It will also address the economic realities of South Africa and the role new ventures play in job creation.

Upon successful completion of this course you will be well equipped to:

  • Describe the development and significance of markets.
  • Analyse the interaction of demand and supply in price determination.
  • Analyse the factors that influence economic activity.
  • Explain the free market system in terms of perfect and imperfect competitive markets.

 

Prior learning requirements

It is assumed that the learner has the following knowledge and skills:

  • Communication at NQF Level 3.

 

Unit standard range

N/A

 

Course Outcomes

  • Analyse the factors that influence economic activity.
  • Analyse the interaction of demand and supply in price determination.
  • Describe the development and significance of markets
  • Explain the free market system in terms of perfect and imperfect competitive markets.

Course Duration

3 days

 

Who should attend

This course is aimed at those who wish to expand and improve their entrepreneurial skills.

 

**Quote does not include Any Exam Fees (if applicable)

IMPORTANT ACTION: Do Not Wait To Improve Your Skills.  

BOTI also offers:

Demonstrate an understanding of an entrepreneurial profile

Apply the principles of costing and pricing to a business venture

Demonstrate the relationship of junior management to other roles

 

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