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Regent College
Higher Education
Assignment front sheet
Qualification
Unit number and title
Pearson BTEC Level 5 HND Diploma
Business
Unit 33: Small Business Enterprise
Student name
Assessor name
Emmanuel Wanki
Date issued
Completion date
13th October 2014
30th January 2015
Assignment title
Small Business Enterprise
Learnin g Outcom e LO1
Learning outcome Be able to investigate the performance of a selected small business enterprise
Assessme nt Criteria
LO2
produce a profile of a selected small business identifying its strengths and weaknesses 1.2
2.2
2.3
3.1
LO3
Be able to revise business objectives and plans to incorporate In this assessment you will have the opportunity to present evidence that shows you are
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Relevant knowledge gained from previous units has been incorporated in this unit, to demonstrate a synoptic understanding of the business environment.
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Assignment brief
Unit number and title
Unit 33: Small Business Enterprise
Qualification
Pearson BTEC Level 5 HND Diploma in Business
Start date
13th October 2014
Deadline/hand-in
30th January 2015
Assessor
Emmanuel N WANKI
Assignment title
Small Business Enterprise
Purpose of this assignment
This unit assignment will enable the learners to focus on the processes involved, through change management, of reviewing and improving the performance of a small business enterprise.
This assignment will also enable Learners who have had work placements or work experience in small businesses and for learners who wish to pursue careers in the small business sector of the economy to appropriate the role this sector plays in providing employment and career opportunities to millions of people. Scenario
You are a Business Consultant in a small Business Consultancy Firm and have been invited by a smallsized business enterprise to provide orientation to them about the various aspects of business development. This organisation does not have small business enterprise experts. Being small sized, it has a flat structure and the Chief Executive Officer (CEO) deals with the business issues himself. In the wake of increased workload and to
Separating from your spouse or civil partner can be very stressing and hectic. Godivorce.co.uk will help you in tough and emotional times. Our services are tailored for divorce involving; Married & Unmarried Couples, Civil Partnerships, Injunctions and Children.
There are several different types of business ownership which are most commonly used in business’ and company’s today, these include; Co-operative which is a business owned by its employees, Partnership which is a business owned by between 2 and 20 people, Private limited which is a business owner by a small groups of people who have shares and a Public limited business is owned by private individuals by shares bought and sold on the stock market. A charity is a business with the purpose to help the public, the government is a business owned by the government and lastly a sole trader which is a business owned by only one person.
• The first thing you need to do is save a copy of this document, either onto your computer or a disk
Please note that this Assessment document has 8 pages and is made up of 7 Sections.
M1 - Compare the purposes of the different documents used in the selection and recruitment process
M2(Unit 37) - Assess the social implications of business ethics facing a selected business in its different areas of activity
A way of doing this task efficiently would be to keep a log setting out of the roles that you and the other members of the team have within the team in which you are working as a part of.
In this assignment, I will evaluate the reliability of break-even analysis in estimating budgeted activity levels for a selected organisation.
Disciplinary procedures are a set way for an employer to deal with disciplinary issues. They should include a disciplinary hearing where you’re given a chance to explain your side of the story.
Take in and implement better technologies immediately as soon as they have availability, regardless of whether or not there are organisations using them beforehand
For my project, I ran Coffee-Roma, a coffee shop located in the business district of a large city. My simulation ran for 60 days. Over this timeframe, I hired 7 employees and earned gross revenues of $89,984.20. From those revenues, my net profit totaled $14,046.83. Below are the details of how I attempted to best run my business.
| The customers would be influenced because if the company are financially struggling the customers are there only hope to stay profiting. If the company was to go bust it means customers will no longer be able to shop there. The customers would be an external stakeholder, they can get information by advertisements and even check their annual report on the businesses website.
When you develop messages, what factors should you consider as you choose your words? Which considerations do you think are most important? Why?
Numerous large businesses that are operating today were once started as small businesses. A new business is established to create a good or service that no other businesses have ever created or simply a product of higher quality than existing products, with the purpose of meeting customers’ needs and earning profits. Due to the technological advances at the present time, starting and operating a new business is less laborious. Nevertheless, would-be entrepreneurs should be familiar with the proper approaches to start their businesses.
Business plays a major role within our society. It is a creative and competitive activity that continuously contributes to the shaping of our society. By satisfying the needs and wants people cannot satisfy themselves, businesses improve the quality of life for people and create a higher standard of living.