U6 - Entrepreneurship In Classroom

Question 1

Teaching Methods x8

Answer 1

1. Story-telling
2. Game
3. Mentoring Programme
4. Role-play
5. Brainstorming
6. Group Work & Discussion
7. Case Study
8. Active Participation

Question 2

Story-telling technique

Answer 2

Very successful for teaching entrepreneurship
All learners enjoy stories
Engages students
Difficult concepts explained using gesture, body language, pictures & real life examples
Teacher tells story about entrepreneurs -> important learners identify with
Different learners tell stories about different entrepreneurs -> learn about entrepreneurial world.
Introduce Successful & unsuccessful = realistic knowledge of entrepreneurs.
Different entrepreneurs tell stories about own life -> role models -> motivate learners to prepare to become entrepreneurs

Question 3

Game technique

Answer 3

Used more than all techniques for entrepreneurial education.
Introduced to entrepreneurship by playing games
Excitement & competition engage learners.
Learn best through playing
Active learning
Examples: board games, competition, activity games & simulation games

Question 4

Mentoring Programme as a Technique

Answer 4

Learner learns about entrepreneurship from real experience in business world without risks.
Cannot lose job
Given different tasks than employees
Should be allowed to participate in all activities & decision making
Feedback to teachers

Question 5

Role-play technique

Answer 5

Act situation to make seem real
Best for senior phase
Give careful instructions before
Takes time -> practice before
Introduce entrepreneurship in practice
All learners active
Less shy to speak & scared to make mistakes
Decision making & take risks outside reality -> decisions have consequences

Question 6

Brainstorming Technique

Answer 6

Learn to work together
Generate as many ideas in short time as possible & remove fear of criticism

Class divided into smaller groups
Talk about subject -> generate new ideas / try to solve problems
All active
All ideas accepted
Not scared -> with friends
After share feedback with class
Feedback can be done orally
Write down all ideas for class to see

Question 7

Group Work & Discussion technique

Answer 7

Better for teaching entrepreneurship than lecturing
Student introduces subject for group to discuss
All learners active in discussion -> teacher = facilitator
All ideas discussed
Comments not accepted as right or wrong
Learners evaluate own understanding of content

Question 8

Case Study as Technique

Answer 8

Real life situations from newspapers or books.
Useful for evaluating learners -> test knowledge & insight
Questions designed to give opportunity to argue & make choices

Question 9

Active Participation & Experience as Technique

Answer 9

All techniques need active participation
Entrepreneurial education -> active participation -> experience what think & talk about -> theory & practice start to connect
Best way to achieve success in entrepreneurial education

Question 10

Reasons Businesses Fail x9

Answer 10

Incompetent Management

Bad planning
Bad choice of location
Can't manage staff well
Bad marketing
Small businesses suffer because of entrepreneurs with little knowledge or managing skills

Lack of Experience

Go from worker to entrepreneur without knowledge of business

Poor Financial Planning

Sales low + not enough money = can’t survive

Poor Financial Control

Financial control important for new business

Inflexibility

Not enough business skills
refuse to work long hours
Refuse to use new ideas
= bad for new business

Unrealistic time frames

Want to reach goals quickly = underestimate time & resources needed to reach goals.

Keeping things to themselves

Want to do everything -> don’t want help.

Too many interruptions

Want to do everything = allow business to be interrupted -> eg answer phone call & see people

Working without a plan

Usually start with plan -> try to run without plan.