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EntreComp2016

Code: 3.3.2

Calculate risk.

Descriptors

1 · Discover

What you learn at this level

  • I can identify examples of risks in my surroundings.

2 · Explore

What you learn at this level

  • I can describe risks related to a simple value-creating activity in which I take part.

3 · Experiment

What you learn at this level

  • I can tell the difference between acceptable and unacceptable risks.

4 · Dare

What you learn at this level

  • I can weigh up the risks and benefits of self-employment with alternative career options, and make choices that reflect my preferences.

5 · Improve

What you learn at this level

  • I can apply the concept of affordable losses to make decisions when creating value.

6 · Reinforce

What you learn at this level

  • I can compare value-creating activities based on a risk assessment.

7 · Expand

What you learn at this level

  • I can assess the risks my venture is exposed to as conditions change.

8 · Transform

What you learn at this level

  • I can evaluate high-risk long-term investments using a structured approach.