This unit covers the competencies required to demonstrate an understanding of entrepreneurship. It involves demonstrating an understanding of financial literacy, applying entrepreneurial concepts identifying entrepreneurship opportunities, applying business legal aspects, and developing business innovative strategies and business plans.
International trade is the exchange of goods and services between countries. It allows nations to specialize based on comparative advantage, boosting global efficiency and economic growth. Key aspects include the balance of trade, trade barriers (like tariffs and quotas), and the debate between free trade and protectionism. Trade is governed by global (e.g., WTO) and regional agreements. While trade promotes development and access to diverse products, it can also cause job losses and inequality. Ongoing issues include trade wars, supply chain disruptions, and sustainability concerns.
Marketing financial services requires a strategic approach that is both customer-centric and compliance-driven. Unlike physical products, financial services are intangible, trust-based, and complex, making it crucial to design effective marketing tools that educate
This course gives information on utilization of resources, production of resources, distribution of resources and Consumption of resources. This course is meant to equip trainees with knowledge and Skills on Factors of production, distribution and Consumption of resources.