Unit 09 Entrepreneurship and Small Business Management

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Unit 09 Entrepreneurship and Small Business Management - BTEC Higher National Diploma in Business

Learning Outcome 1: Explore and illustrate the range of venture types that might be considered entrepreneurial.

Learning Outcome 2: Assess the impact of small businesses on the economy.

Learning Outcome 3: Determine and assess the key aspects of an entrepreneurial mindset.

Learning Outcome 4: Examine the different environments that foster or hinder entrepreneurship.

Assignment Brief - Entrepreneurship and Small Business Management

Scenario and activity:

You are currently employed as a Junior Business Executive for the Department for Business, Energy and Industrial Strategy, a UK Government Department that helps people to work and for businesses to invest, innovate and grow. In preparation for an upcoming seminar organised by the Department for helping businesses in times of Brexit uncertainties, you have been tasked by your manager to investigate different types of entrepreneurial ventures and their impact upon the economy.

Your line manager has asked you to produce a report that will be distributed to attendees at the end of the seminar. In writing this report, ensure that you provide your own list of UK Small and Medium Entreprises as examples of organisations that attended the seminar at the Department for Business, Energy and Industrial Strategy.

The report should cover the following:
- A critical examination of various types of entrepreneurial ventures together with their scope, development, growth and their relationship with the typology of entrepreneurship. In this section, the report should also discuss similarities and differences between entrepreneurial ventures. Ensure you have sufficiently explored entrepreneurial ventures witin both public and corporate sector

- Using suitable data and statistics, critically evaluate the impact of micro, start-up, small, medium and large businesses on the local, regional and national level of economy. Expand your evaluation further to include an international context for the above. Then, comment on the growth of the social economy and the importance of small businesses and startups for the same.

Scenario and activity:

Following the impressive report that you submitted to your line manager from Assignment A, you have been promoted to the role of a Senior Business & Enterpreneurship Executive in the Department. Given your impressive performance at the seminar, one of the organisations that attended the seminar has asked your line manager for consultancy services. In relation to this, your line manager has asked you to prepare a report to cover the following:
- Analyse the characteristic traits, skills and motivational drivers of successful entrepreneurs, that reflect their personality, supported by specific examples
- Critically analyse how background and experience influences entrepreneurs, both positively and negatively, by comparing and contrasting examples.
Note: In writing this section of the report , consider choosing ONE of the organisations that you listed in Part A as the chosen client, provide brief background information of the organisation
Note
(Students are required to discuss their chosen organization with their tutor for approval prior to embarking upon compliation of the report).

Attachment:- Entrepreneurship and Small Business Management.rar

Reference no: EM132811460

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