PACE – Program for Acquiring Competence in Entrepreneurship
PACE – Program for Acquiring Competence in Entrepreneurship
PACE – Program for Acquiring Competence in Entrepreneurship
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SAMPLE Supported by National Content Standards <strong>for</strong> <strong>Entrepreneurship</strong> Education<br />
A. Entrepreneurial Processes<br />
Standard: Understands concepts and processes associated with successful entrepreneurial<br />
per<strong>for</strong>mance<br />
A.09 Describe entrepreneurial plann<strong>in</strong>g considerations<br />
A.10 Expla<strong>in</strong> tools used by entrepreneurs <strong>for</strong> venture plann<strong>in</strong>g<br />
L: Market<strong>in</strong>g Management<br />
Standard: Understands the concepts, processes, and systems needed to determ<strong>in</strong>e and satisfy<br />
customer needs/wants/expectations, meet bus<strong>in</strong>ess goals/objectives, and create new<br />
product/service ideas<br />
L.14 Determ<strong>in</strong>e market segments<br />
L.15 Select target markets<br />
L.16 Conduct market analysis<br />
L.17 Expla<strong>in</strong> the concept of market<strong>in</strong>g strategies<br />
L.18 Describe the nature of market<strong>in</strong>g plann<strong>in</strong>g<br />
L.20 Develop market<strong>in</strong>g plan<br />
SAMPLE<br />
<strong>PACE</strong> - Level 3, Unit 8 Market<strong>in</strong>g Analysis<br />
OBJECTIVES<br />
• Discuss the effects of a customer-driven<br />
bus<strong>in</strong>ess plan<br />
• Evaluate your potential market us<strong>in</strong>g<br />
decision-mak<strong>in</strong>g tools<br />
• Describe product/service decision<br />
• Def<strong>in</strong>e your target market<br />
• Develop your market<strong>in</strong>g strategy<br />
SAMPLE CONTENT<br />
Content addresses the strategic market<strong>in</strong>g<br />
plann<strong>in</strong>g process and the factors that affect<br />
the decisions necessary <strong>in</strong> develop<strong>in</strong>g your<br />
product or service. The unit provides an<br />
outl<strong>in</strong>e to be sure you have addressed all<br />
factors affect<strong>in</strong>g the market<strong>in</strong>g strategy<br />
SAMPLE ASSESSMENT<br />
The student uses the strategic market<strong>in</strong>g<br />
plann<strong>in</strong>g process to create a market<strong>in</strong>g<br />
strategy <strong>for</strong> their own bus<strong>in</strong>ess or one that is<br />
be<strong>in</strong>g planned.