The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!
From the Wiki University
What evidence can you provide to prove your understanding of each of the following citeria?
Describe business ideas
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Gather information for business ideas from appropriate sources Completed |
Evidence:
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List details of business ideas and opportunities Completed |
Evidence:
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Research alternative business ideas in light of available resources Completed |
Evidence:
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Specify and list products and services to match business ideas Completed |
Evidence:
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Identify and research potential customer information for business ideas Completed |
Evidence:
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Identify and take into account available financial, business and technical skills when researching business opportunities Completed |
Evidence:
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Identify market needs
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Collect information regarding market size and potential from appropriate sources Completed |
Evidence:
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Investigate market trends and developments to identify market needs relative to business ideas Completed |
Evidence:
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Gather market information from primary and secondary sources to identify possible market needs in relation to business ideas Completed |
Evidence:
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Identify ethical and cultural requirements of the market, and their relevance for business ideas Completed |
Evidence:
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Identify new and emerging markets and document their features Completed |
Evidence:
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Identify and organise information on expected market growth or decline and associated risk factors Completed |
Evidence:
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Investigate factors affecting the market
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Identify projected changes in population, economic activity and labour force that may impact business ideas Completed |
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Identify movements in prices, and projected changes in availability of resources Completed |
Evidence:
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Review trends and developments and identify their potential impact on business ideas Completed |
Evidence:
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