Grade 11 Entrepreneurship Topics Comprehensive List of Key Topics
I. Introduction to Entrepreneurship 1. Definition and Importance of Entrepreneurship 2. Characteristics and Traits of a Successful Entrepreneur 3. Types of Entrepreneurs 4. Benefits and Risks of Entrepreneurship 5. Myths about Entrepreneurship
II. Environment and Market 1. Market Identification - Concept of Market - Types of Market 2. Identifying Customer Needs and Wants 3. Market Segmentation 4. Trends and Business Opportunities 5. Competitor Analysis 6. Value Proposition
III. Developing a Business Plan 1. Purpose and Components of a Business Plan - Executive Summary - Business Description - Marketing Plan - Operational Plan - Financial Plan 2. Steps in Business Planning 3. Feasibility Study 4. SWOT Analysis (Strengths, Weaknesses, Opportunities, Threats)
IV. Business Model and Product Development 1. Business Model Canvas 2. Product/Service Innovation 3. Prototyping and Testing 4. Branding and Positioning
V. Financial Management for Entrepreneurs 1. Basic Concepts in Accounting and Finance 2. Sources of Business Funds 3. Budgeting and Forecasting 4. Pricing Strategies 5. Financial Statements - Income Statement - Balance Sheet - Cash Flow Statement
VI. Operations and Risk Management 1. Managing Resources: Time, People, and Materials 2. Supply Chain Management 3. Quality Assurance 4. Risk Management and Mitigation Strategies
VII. Marketing and Promotion 1. Marketing Strategies for Small Businesses 2. Digital Marketing 3. Advertising and Promotion 4. Building Customer Relationships
VIII. Legal and Ethical Considerations 1. Business Registration and Permits 2. Intellectual Property Rights 3. Contracts and Agreements 4. Ethical Issues in Business
IX. Entrepreneurial Practices and Applications 1. Successful Entrepreneurial Stories 2. Pitching a Business Idea 3. Launching a Mini-Business or Simulation Activity 4. Monitoring and Evaluating Business Performance