SFEDI Awards
Level 1
QN: 601/4051/3
Curriculum Active
SFEDI Awards Level 1 Award in Understanding Enterprise
Official qualification regulated by Ofqual, awarded by SFEDI Awards. Classified as a Vocationally-Related Qualification. Total guided learning hours: 196 hours.
Qualification Level
Level 1
Awarding Body
SFEDI Awards
Syllabus Units
13 Units
Guided Hours
196 hrs
Instant access to interactive lessons, quizzes, and spaced revision.
Course Syllabus & Study Modules
Complete breakdown of verified curriculum topics and learning objectives.
1
Principles of Social Media for Business Use
Verified
Key Learning Objectives:
- Know the major social media channels
- Know the specialist social media channels
- Know how a business uses social media
- Know the risks associated with using social media
2
Selling lawfully and ethically
Verified
Key Learning Objectives:
- Understand that customers have legal rights
- Understand the concept of ethical selling
- Understand the responsibility of the sales person in complying with legal and ethical requirements
3
Understand Enterprising Skills
Verified
Key Learning Objectives:
- Understand what an enterprise is
- Understand what enterprising skills and behaviours are
- Understand the benefits of having enterprising skills and behaviours in different settings
4
Understand How to Access Help and Support in Business
Verified
Key Learning Objectives:
- Understand the help and support that is available to businesses.
- Understand the value of business networks and how they work.
5
Understand How to Make Successful Deals in a Business
Verified
Key Learning Objectives:
- Understand why it is important to make deals when in business.
- Understand the negotiation process.
6
Understand How to Manage Money in a Business
Verified
Key Learning Objectives:
- Understand the importance of money when running a business
- Understand how to plan the money that is needed when running a business
7
Understand How to Market Your Business
Verified
Key Learning Objectives:
- Understand the need to research the market for a business
- Understand how a business can reach the customers
- Understand how to assess customer satisfaction
8
Understand Opportunities and Risks Within Business
Verified
Key Learning Objectives:
- Understand how to develop ideas for products or services when starting a business
- Understand the opportunities and risks in starting a business
9
Understand the Importance of Business Planning
Verified
Key Learning Objectives:
- Understand the importance of business planning
- Understand the components of a business plan
- Understand the legislation that can affect the development of plans for a business
10
Understand the Legal Structures Available for Business
Verified
Key Learning Objectives:
- This unit contains 2 learning outcomes which will support the learner to be able to: Understand the legal structures that are available for business Understand how to register a new business
11
Understand the Skills and Knowledge Required to Run a Business
Verified
Key Learning Objectives:
- Understand whether running a business is an appropriate option
- Understand what skills and knowledge are required to run a business
12
Understanding consumer buying behaviour
Verified
Key Learning Objectives:
- Understand consumer needs and wants
- Understand the consumer decision making process (DMP)and the consumer decision making unit (DMU)
- Understand internal and external influences on consumer buying behaviour
13
Understanding the sales cycle
Verified
Key Learning Objectives:
- Understand the pre-sale stage of the sales cycle
- Know the sale stage of the sales cycle
- Know the post-sale stage of the sales cycle
Regulatory & Verification Details
- Qualification Number (QN)
- 601/4051/3
- Regulated Status
- Available to learners
- Awarding Body
- SFEDI Awards
- Qualification Type
- Vocationally-Related Qualification
- Operational Start
- Aug 2014