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?
Collect information on internal business environment
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Identify and document core activities, client base and strategic direction of business Completed |
Evidence:
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Access and analyse information on current marketing performance and successful or underperforming products or services Completed |
Evidence:
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Determine and document current capabilities and resources Completed |
Evidence:
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Collect information on external business environment
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Collect and analyse information on expected growth or decline of demand for financial products and services, and associated risk factors Completed |
Evidence:
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Identify projected changes in economic activity, labour force, population, legal requirements and other factors that may affect business Completed |
Evidence:
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Collect and analyse information on comparable products and services in market Completed |
Evidence:
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Identify and assess emerging trends in market Completed |
Evidence:
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Analyse data collected
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Establish reliability and validity of data collected, and analyse and document information collected on internal and external environment using appropriate methods Completed |
Evidence:
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Present results of analysis in format that may be used to guide marketing decisions Completed |
Evidence:
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Identify opportunities for financial products
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Identify opportunities for financial products and services based on data collected and develop range of options Completed |
Evidence:
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Justify options on basis of analysis of information collected Completed |
Evidence:
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Determine viability of options and present results to appropriate personnel
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Review options identified against existing products and services, and assess against organisation’s capacity to deliver financial products or services Completed |
Evidence:
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Assess viability of each option based on data collected Completed |
Evidence:
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Present results of investigation and analysis in clear, concise format to appropriate personnel to assist in decision making Completed |
Evidence:
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