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Evidence Guide: BSBSMB304 - Determine resource requirements for the micro business

Student: __________________________________________________

Signature: _________________________________________________

Tips for gathering evidence to demonstrate your skills

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

 

BSBSMB304 - Determine resource requirements for the micro business

What evidence can you provide to prove your understanding of each of the following citeria?

Identify resources needed in the business

  1. Use the business profile to determine types of resources that may be required
  2. Gather information regarding resource requirements from appropriate sources
  3. Determine resource quantities in accordance with business activity levels and financial position
Use the business profile to determine types of resources that may be required

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Gather information regarding resource requirements from appropriate sources

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Determine resource quantities in accordance with business activity levels and financial position

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Select appropriate sources for resources required in the business

  1. Investigate different options for acquiring resources needed in the business in terms of business profile and stakeholder needs
  2. Determine reliability, risks and costs associated with these options in line with business projections
  3. Determine ease of access to sources of service and support
  4. Select suitable options as investigated
  5. Establish relationships with suppliers and other key people
Investigate different options for acquiring resources needed in the business in terms of business profile and stakeholder needs

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Determine reliability, risks and costs associated with these options in line with business projections

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Determine ease of access to sources of service and support

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Select suitable options as investigated

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Establish relationships with suppliers and other key people

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Prepare for use of resources in the business

  1. Design procedures and systems to allow effective and efficient introduction, use and maintenance of resources
  2. Negotiate and review arrangements for supply of resources to ensure the business profile is met
  3. Design procedures for monitoring use of resources
  4. Develop procedures for maintenance, support, repair and replacement of business machinery, equipment and software
Design procedures and systems to allow effective and efficient introduction, use and maintenance of resources

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Negotiate and review arrangements for supply of resources to ensure the business profile is met

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Design procedures for monitoring use of resources

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Develop procedures for maintenance, support, repair and replacement of business machinery, equipment and software

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Evidence Guide

ELEMENT

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Identify resources needed in the business

1.1 Use the business profile to determine types of resources that may be required

1.2 Gather information regarding resource requirements from appropriate sources

1.3 Investigate digital technology options, benefits and challenges

1.4 Determine resource quantities in accordance with business activity levels and financial position

2. Select appropriate sources for resources required in the business

2.1 Investigate different options for acquiring resources needed in the business in terms of business profile and stakeholder needs

2.2 Determine reliability, risks and costs associated with these options in line with business projections

2.3 Determine ease of access to sources of service and support

2.4 Select suitable options as investigated

2.5 Establish relationships with suppliers and other key people

3. Prepare for use of resources in the business

3.1 Design procedures and systems to allow effective and efficient introduction, use and maintenance of resources

3.2 Negotiate and review arrangements for supply of resources to ensure the business profile is met

3.3 Design procedures for monitoring use of resources

3.4 Develop procedures for maintenance, support, repair and replacement of business machinery, equipment and software

Required Skills and Knowledge

ELEMENT

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Identify resources needed in the business

1.1 Use the business profile to determine types of resources that may be required

1.2 Gather information regarding resource requirements from appropriate sources

1.3 Investigate digital technology options, benefits and challenges

1.4 Determine resource quantities in accordance with business activity levels and financial position

2. Select appropriate sources for resources required in the business

2.1 Investigate different options for acquiring resources needed in the business in terms of business profile and stakeholder needs

2.2 Determine reliability, risks and costs associated with these options in line with business projections

2.3 Determine ease of access to sources of service and support

2.4 Select suitable options as investigated

2.5 Establish relationships with suppliers and other key people

3. Prepare for use of resources in the business

3.1 Design procedures and systems to allow effective and efficient introduction, use and maintenance of resources

3.2 Negotiate and review arrangements for supply of resources to ensure the business profile is met

3.3 Design procedures for monitoring use of resources

3.4 Develop procedures for maintenance, support, repair and replacement of business machinery, equipment and software

Evidence of the ability to:

determine appropriate resource levels in line with micro business profile and desired profit

identify, assess and select digital technologies

select options for resource acquisition suited to the micro business and financial position, including stakeholder needs

establish relationship with suppliers including negotiating and reviewing supplies to suit profile of micro business

develop procedures and systems to allow for efficient and effective installation and use of resources, including monitoring and maintenance as required.

Note: If a specific volume or frequency is not stated, then evidence must be provided at least once.

To complete the unit requirements safely and effectively, the individual must:

identify legislative requirements relating to micro business operations

describe the functions of key digital technologies and their benefits and challenges to micro business

list functions of a range of business equipment and machinery

outline the micro business profile and structure

describe procedures and systems for use of and routine maintenance of resources

summarise types of resources required as per the micro business profile.