yes competencies
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8/3/2019 YES Competencies
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CULTIVATE ENTREPRENEURSHIP WITHIN MARGINALISED
COMMUNITIES
PO Box 150, 49c Stuart Street, Harrismith 9880 South AfricaTel: (058) 6230104 /6230649/6230123 Fax: (058) 6230107 E-
Mail: [email protected] Registration no. 5961/92. Public Benefit Organization no. 930013786.Non-profit registr. no. 000-383
COMPETENCY BRIEF DESCRIPTION
1. Life Skills Learners identify and internalise life skills needed to effectivelysucceed not only as integrated human beings but also in theeffective execution of planned projects and endeavours such asbusiness enterprises.
2. Understandingthe market
economy
Understanding how the free enterprise market system works,based on the law of supply and demand and the freedom of
making economic choices by individual agents.3. Business IdeaGeneration
The ability to creatively identify realistic ideas and to translatethem into profitable business opportunities.
4. Evaluating andscoping theCommunity
Understanding and recognising community needs and wants,available resources, local competition and economic base of thecountry are the aspects being introduced.
5. Goal Setting Ability to identify WHY one should set goals and HOW to achievethem.
6. MarketResearch
Understanding different business environments, adapting to theconstantly changing market needs, the potential and ability toidentify existing and potential customers for business productsand services.
7. Business
Planning
Understanding the important of having a well formulated
business plan as well as the ability to draft a simple workingdocument.8. Financing aBusiness
Effective planning of finances for setting up and operating onesown business.
9. HumanResources
Managing human resources and performing all HR functions.
10. BusinessPromotion
Promoting and marketing of ones own business.
11. SellingProduct/Services
The ability to sell products and/or services for profit.
12. Business
Accounting
Effectively manage business financial operations.
13. BusinessRecords
Understanding the importance of keeping daily, weekly, monthlyand annual business records, as well as the ability to collect andkeep business information.
14. Leading andManaging
Understanding the meaning of _ and the ways of being aneffective leader and manager.
15. BusinessCommunications
Communication skills and effective communication channels tooperate a business.
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16.Entrepreneurshipas a Career
Demonstrating entrepreneurial (setting up ones own business)and intrapreneurial (identifying corporate employmentopportunities) abilities.
17. Our Business Integrating skills to realise the interdependence and interactionbetween various attributes required to run a small businesssuccessfully. It relates to the ability to plan, start, run, manage
and evaluate own business.
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