| Category | Assignment | Subject | Education |
|---|---|---|---|
| University | Business and Technology Education Council (BTEC) | Module Title | W84512A Exploring Enterprises |
You should read the information given in the vocational context and each task section of this assignment carefully prior to starting work. Tasks often link to one another, so it is important to make sure you understand all tasks before starting the assignment.
The assignment will take approximately 6 hours of monitored preparation and 5 supervised hours to complete.
These timings are for guidance only but should be used as an indication of how long to spend on each task. Your teacher will advise you when it is time to move from one task to the next.
You must work independently and should not share your work with other learners.
All work must be your own and you must sign a declaration of authenticity to confirm this. You must produce your own independent responses and evidence for the tasks.
Any sources of information, ideas, text, audio and/or visual assets created by others that you include in your work must be clearly identified and referenced, including the source of the material. Using the work of others as your own or without proper acknowledgement is considered plagiarism and can result in disqualification from the assessment.
You may ask your teacher for support if you have questions about the requirements of tasks, what evidence you need to produce and any resources you are allowed to access e.g. the internet to source audio/visual content. Your teacher cannot give you feedback about how to improve your work or guide you to solutions to any questions or problems in the tasks.
You will have 6 hours of monitored preparation time prior to undertaking Tasks 1–3.
Your teacher will tell you when you should complete the monitored preparation and when formal supervision for the tasks will begin.
Based on your preparation, you should produce notes to refer to when completing Tasks 1–3. Your notes may be up to six sides of A4 paper. The notes may be handwritten or typed (font size must be 10 point minimum).
Your notes should be in bullet or annotation form and cannot include:
To be successful in setting up and running a for-profit enterprise you need to understand the different types and sizes of profit-making enterprises, their aims and how they achieve these aims. Understanding the market plays a key part in enterprises making a profit. It is therefore important that you understand how enterprises can use market research to understand their competitors and meet their customers’ needs. As the success of an enterprise depends on the decisions made by the entrepreneur, you also need to understand how internal and external factors in the business environment affect decision making.
The success of an enterprise depends on whether it can meet its aims.
You need to choose a small or medium for-profit enterprise that is based anywhere in the UK, from at least one of the following sectors:
Do You Need BTEC Level 1/2 of W84512A Assignment
Order Non Plagiarized AssignmentChoose and carry out research on one for-profit enterprise. The selected enterprise must be small-or-medium-sized and come from at least one of the following sectors:
Produce a response that explores the impact of the skills and characteristics of the entrepreneur(s) associated with the selected for-profit enterprise in Task 1a in helping it to support its aims.
Your response must include:
Outcome A: Understand how and why enterprises and entrepreneurs are successful
Produce one of the following:
a written report of approximately 2–4 pages of A4, which can include supporting images an audio or video verbal report recording lasting approximately 2–4 minutes.
Research notes.
Appropriate software and access to the internet for sourcing audio/visual content during the formal supervision.
Supervised Hours To Complete The Tasks
You will need approximately 2 hours to complete Task 1.
(Total for Task 1 = 24 marks)
Investigate the primary and secondary research methods used by the selected for-profit enterprise in Task 1 and the information this provides the enterprise on customer needs and competitor behaviour.
Produce a response that explores the primary and secondary market research methods undertaken by the selected for-profit enterprise; recommending alternatives to the market research methods that could help the enterprise gain further information about its customer needs and competitor behaviour.
Your response must include:
Outcome B: Understand customer needs and competitor behaviour through market research
Produce one of the following:
Research notes.
(Total for Task 2 = 12 marks)
Carry out research on the external political, economic, social and technological factors affecting the selected for-profit enterprise.
Produce a report that explores the external factors affecting the selected for-profit enterprise based on the research undertaken. Your report should consider the following factors:
Produce a report that explores the internal strengths and weaknesses and the external opportunities and threats faced by the selected for-profit enterprise based on the research undertaken and your understanding of the selected enterprise from Tasks 1, 2 and 3a. Your report should consider the following factors:
Outcome C: Understand how the outcomes of situational analyses may affect enterprises
Produce the following:
a written report of approximately 2–4 pages of A4, which can include annotated screenshots.
Research notes.
Appropriate software and access to the internet for sourcing audio/visual content during the formal supervision.
You will need approximately 2 hours to complete Task 3.
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