Study Guide

Objectives

Student:
- is able to compare business ideas and earnings models and specify the areas of responsible business
- is able to identify new business opportunities in the service business
- is able to take into account current phenomena and trends in responsible business planning
- is able to create and model business ideas and present a business model
- is able to apply business planning methods and tools as a member of a team
- is able to assess one's own entrepreneurial skills

Content

WHAT do the business idea, value proposition, added value and business model mean in the service business?
WHAT are the areas of responsible business in the service business?
WHY should a student get interested about entrepreneurship and self-employment as a form of work?
HOW can future challenges and opportunities be taken into account in responsible business planning?
WHAT business calculations needs to be managed?

Assessment criteria, satisfactory (1-2)

The student is able to search for information to support business planning.
The student is able to define concepts that are relevant to business planning.
The student is able to name current phenomena and trends in the service business.
The student is able to apply calculations, tools and methods specific to business planning under supervision.
The student is able to assess his / her own entrepreneurial skills.
The student is able to act as a team member.
The student examines and evaluates things from his or her own perspective and takes responsibility for his or her own performance.

Assessment criteria, good (3-4)

The student seeks and utilizes diverse, up-to-date information to support business planning.
The student is able to explain concepts relevant to business planning.
The student is able to take into account customer orientation and distinctiveness in defining a business idea and pitch the business model.
The student applies calculations, tools and methods specific to business planning independently.
The student takes responsibility for the activities of the team.
The student is able to specify and analyze his/her own entrepreneurial skills.
The student cooperated responsibly, committing to the team and developing their interaction skills.

Assessment criteria, excellent (5)

The student is able to use international source material in business planning.
The student is able to justify and critically evaluate the choices made as a team in business planning and teamwork.
The student is able to conceptualize business in a value-creating way.
The student is able to apply the calculations, tools and methods characteristic of business planning creatively and imaginatively.
The student utilizes his or her leadership in team operations.
The student critically and creatively evaluates his or her own entrepreneurial skills.
The student cooperates responsibly, flexibly and constructively, developing his or her own, team and stakeholder interaction.