Young Enterprise
Young Enterprise involves setting up and running your own business based upon a commodity or service. It is a great opportunity to realise uniqueness, develop strengths, learn about enterprise and possibly make a profit at the same time. Like any other team event, YES is about working towards goals and taking all the steps necessary to achieve them. The Young Enterprise experience involves students in the process of effective decision-making within the business environment. Those that take up this challenge are always rewarded with adventure and those that take responsibility for their own company and for their own decisions are the ones who experience the greatest success.
Achievement Objectives:
As part of YES you develop a ‘can-do’ attitude, and working as part of your own company you will:
- Create and sell a product or service
- Plan, budget and make decisions
- Conduct market research
- Take and manage risk
- Turn problems into challenges
- Improve your communication skills
- Show initiative and persistence
- Be innovative and strategic
YES gives you an opportunity to test out your ideas, skills and ability to cope with new and challenging situations. Experiencing running a real business helps you to make decisions about your career and the qualifications that you will need. At the same time, you can gain a qualification in business practice.
Business Studies Unit Standards Level 3 24 Credits
- Plan for an ongoing complex business activity (4 credits)
- Carry out a planned ongoing complex business activity (8 credits)
- Analyse a marketing issue in a business organisation and evaluate potential solutions (3 credits)
- Analyse a current human resource management issue in a business organisation and evaluate potential solutions (3 credits)
- Analyse a production process issue in a business organisation and evaluate potential solutions (3 credits)
- Evaluate the impact of change on business organisation’s structure and strategic objectives (3 credits)