The Production Option (Pob Sba Guideline)

4598 Words Feb 23rd, 2013 19 Pages
THEME:
ESTABLISHING A BUSINESS

PRINCIPLES OF BUSINESS
SCHOOL BASED ASSESSEMENT

INTRODUCTION

Welcome to the Principles of Business School Based Assessment (SBA)
This will be a very exciting and rewarding experience for you, if you take the time to put your all into this research project. This SBA component of the POB subject is Paper 3 and is 20% of your CSEC CXC grade. It is compulsory, so do not ignore the importance of working hard throughout the school terms.

The Theme of the project is “Establishing A Business”. You are required to prepare a Business Plan focusing on only ONE of the three options:

• PRODUCTION • MARKETING • FINANCE

Each aspect has its own Criteria and Mark Scheme.
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Pay keen attention to the topics under the criteria and ensure you apply the relevant and appropriate information under each section. Remember the word limit is 1000 to 1200 words and to exceed this amount is to be penalized.

SBA MUST BE WRITTEN IN FUTURE TENSE (except for assumed qualifications)

1. DESCRIPTION OF A BUSINESS

In this section you are expected to include: • The name of your business • The name and qualification of owner/s • Description of the services you will offer or the product • Type of business (whether Sole proprietorship or Partnership) • Nature of business, that is industry type • Objectives OR Mission Statement
2. LOCATION OF BUSINESS

The entrepreneur must determine exactly where the business will be located, and why such a location is preferred. Several factors influence the location of a business such as: • Geography • Location of raw material • Location of the market • Location of energy sources • Availability of transportation • Availability of social amenities • Availability of labour • External economies of scale • Government incentives for locating a firm in a particular area • Nature of the industrial activities and government restrictions on these.

Consult Page 130 of Yellow Text and 178 of Red

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