Entrepreneurship and Small Business Management | Reliable Papers

Higher Nationals Assignment Brief – BTEC (RQF) Higher National Diploma in Business Management Learner NameIDProgramme NamePearson BTEC Higher National Diploma in Business ManagementUnit Number and TitleUnit 9 – Entrepreneurship and Small Business ManagementCredit Value15Unit Level4Academic Year2020-21CohortJune 2020AssessorKashif KhanAssignment TitleEntrepreneurial Ventures (Part 1) Exploration of the Entrepreneurial Mindset (Part 2)Issue Date08/03/2021Submission Deadline23/05/2021 11:59PMIV NameMohammad IslamIV Date03/03/2021Statement of Authenticity:I certify that the work submitted for this unit is my own and the research sources are fully acknowledged.Learner Name: Date: Guideline for Final SubmissionThe submission must be in the specific format(s) as specified in the assignment brief instructions.The assignment should be submitted in a MS Word© format, or equivalent.The assignment has TWO parts. Please read both parts carefully.Ideally, you should complete Part 1 before Week 5 and make sure you get formative feedback from your Assessor during teaching week 5 and 6. It is also recommended, you complete Part 2 before Week 9 and get formative feedback from your lecturer during teaching week 9 and 10. There will be only one submission link in Turnitin. You are quired to compile Part 1 and Part 2 into one Microsoft Word file for submission. Please access HN Global for additional resources to support and reading for this unit. For further guidance and support on report writing please refer to the Study Skills Unit on HN Global www.highernationals.comSubmissionFormat: Part 1The submission could be in the form of a PDF brochure guide to small businesses. You are required to make use of headings, paragraphs, subsections and illustrations as appropriate and all work must be supported with research and referenced using the Harvard referencing system. Please also provide a reference list using the Harvard referencing system. The recommended word limit is 1,000–1,500 words, although you will not be penalised for exceeding the total word limit.Unit Learning OutcomesLO1 Explore and illustrate the range of venture types that might be considered entrepreneurial LO2 Assess the impact of small businesses on the economyAssignment Brief and GuidanceScenario and activity: You currently work as intern for a consultancy firm [an organisation of your choice or your own place of work if appropriate], that provides advice and market intelligence to small businesses and entrepreneurs. As part of updating the new website you have been tasked with investigating different types of ventures and their impact upon the economy to put on a webpage. This is a mini project to be completed individually, and is based on a range of different examples, one of which should be a local business. You should choose one example of each type of entrepreneurship, at least one of which should be a local business. You must explore and compare different environments for each of your examples and evaluate their impact and importance on the economy at different levels. You should include data and statistics to support your findings. Primary research could be conducted for your choice of local business. Primary research may include the use of interviews, existing videos or questionnaires completed by practicing entrepreneurs. To present your findings you can: Design a short PDF brochure guide to be link to the webpage.SubmissionFormat: Part 2The submission is in the form of a 10-minute individual PowerPoint presentation. The presentation slides and speaker notes should be submitted as one copy. You are required to make effective use of PowerPoint headings, paragraphs and subsections as appropriate. Your research should be referenced using the Harvard referencing system. Please also provide a reference list using the Harvard referencing system. The recommended word limit is 1,000–1,500 words, including speaker notes, although you will not be penalised for exceeding the total word limit.Unit Learning OutcomesLO3 Determine and assess the key aspects of an entrepreneurial mindset. LO4 Examine the different environments that foster or hinder entrepreneurshipAssignment Brief and GuidanceContinuing from Assignment 1, in your role as an intern at the consultancy firm [an organisation of your choice or your own place of work, if appropriate] you have been asked to present as a keynote speaker at the annual Business Start-up Show in London. You are to present on ‘The Mindset of the Entrepreneur’. Your presentation will be 10 minutes and will include the following: 1. Specific examples of entrepreneurs to illustrate the scope of entrepreneurship covering one local entrepreneur, one global entrepreneur and one social enterprise. 2. Exploration of their situational factors, similarities and differences. 3. Discussion on their shared entrepreneurial traits and characteristics. 4. Analysis of how background and experiences can either hinder or foster entrepreneurship, providing specific examples to support your line of argument. 5. Conclusions that are drawn from comparing and contrasting the different entrepreneurs, their backgrounds and experience and the extent to which it has influenced them.Learning Outcomes and Assessment CriteriaPassMeritDistinctionLO1 Explore and illustrate the range of venture types that might be considered entrepreneurialD1 Critically examine the scope, development and growth of entrepreneurial ventures.P1 Examine different types of entrepreneurial ventures and explain how they relate to the typology of entrepreneurship. P2 Explore the similarities and differences between entrepreneurial ventures.M1 Investigate a diverse range of entrepreneurial ventures to demonstrate an understanding of entrepreneurship in both the public and corporate sector.LO2 Assess the impact of small businesses on the economyD2 Critically examine how small businesses have an impact on different levels of the economy (local, regional, national) and in an international context.P3 Interpret and assess relevant data and statistics to illustrate how micro and small businesses impact on the economy. P4 Explain the importance of small businesses and business start-ups to the growth of the social economy.M2 Evaluate the differences small, medium and large businesses make to the economy, applying relevant data and statistics.LO3 Determine and assess the key aspects of an entrepreneurial mindsetD3 Analyse the characteristic traits, skills and motivational drivers of successful entrepreneurs, supported by specific examples.P5 Determine the characteristic traits and skills of successful entrepreneurs that differentiate them from other business managers. P6 Assess how aspects of the entrepreneurial personality reflect entrepreneurial motivation and mindset.M3 Explore and examine different lines of argument relating to entrepreneurial characteristics.LO4 Examine the different environments that foster or hinder entrepreneurshipD4 Critically evaluate how background and experience influences entrepreneurs, both positively and negatively, by comparing and contrasting examples.P7 Examine, using relevant examples, how background and experience can hinder or foster entrepreneurship.M4 Analyse the link between entrepreneurial characteristics and the influence of personal background and experience to specific successful entrepreneurs. Academic Misconduct: Plagiarism is presenting someone else’s idea in your own name. Hence, it is important not to use information directly from any published sources such as books, journals or websites without paraphrasing and referencing the materials. It is also imperative for you not to copy anything from another student’s coursework and submit in your name (collusion). If similarity is found with another learner’s work or from other published sources, suspected work will be investigated in accordance with procedures set up by the college. Please read Academic Misconduct Student Guide in College website for further details: https://www.rcl.ac.uk/policy/academic-misconduct/academic-misconduct-student-guide.pdf