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ASSIGNMENT FRONT SHEET

UNIT: 9 - Entrepreneurship and Small Business Management UNIT CODE: M/508/0495 (RCF)
(Optional unit)
Learning Hours: 60 Hours. Course: HND Business Level 4 CREDIT VALUE: 15 CREDITS Term:
Self-learning hours: 90 hours. TQT: 150
Unit Leader: ISHMAEL BARTIMEUS Lecturer: Ishmael Bartimeus Internal Verifier: Mrs Sunita Kotta
ASSIGNMENT TITLE:

Learners Name Term: 1 Cohort: Jan 17 Intake: Jan 17


Registration Number Campus: REGENT COLLEGE HIGHER EDUCATION
Hand out Date: Week Commencing 23/01/2017 Submission Date: 14/04/2017
Final Submission where turnitin will be blocked: 06/10/2017

In this assessment, you will use scenarios and research findings to provide evidence against the assessment criteria.

Indicate the page numbers where the evidence can be found.


Learning Outcome Assessment In this assessment you will have the Task Evidence Page
Criteria opportunity to present evidence that shows Number number
you are able to:
LO1. Explore and illustrate the range of venture P1 Examine different types of entrepreneurial
types that might be considered entrepreneurial ventures and explain how they relate to the
typology of entrepreneurship.
P2 Explore the similarities and differences
between entrepreneurial ventures.

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LO2. Assess the impact of small businesses on the P3 Assess and interpret relevant data and
economy statistics in your mini-research, to illustrate
how micro and small businesses impact on
the economy.
P4 Explain how important small businesses and
business start ups will contribute to the
growth of the social economy.
LO3. Determine and assess the key aspects of P5 Determine the characteristics, traits and skills
an entrepreneurial mind-set of successful entrepreneurs, which
differentiate them from other business
managers.

P6 Assess how aspects of the entrepreneurial


personality reflect entrepreneurial
motivation and mind-set.

LO4. Examine the different environments that P7 Examine , using relevant examples obtained
foster or hinder entrepreneurship through your mini-research, how
background and experience can hinder or
foster entrepreneurship.

Please see that you include the Turn-it-in Report attached: Yes If no Reason: % of the turn it in report.
report. This work will not be accepted without No
the Turn it in report.
Learners Declaration: I certify that the work submitted for this unit is my own and the research sources are fully acknowledged.
Learners Signature: Date:
Plagiarism:
Any act of plagiarism will be seriously dealt with according to the colleges and awarding bodies regulations. In this context the definition and scope of
plagiarism are presented below:

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Plagiarism is presenting someones work as your won. It includes copying information directly from the web or books without referencing the material;
submitting joint coursework as an individual effort; copying another students coursework; stealing coursework form another student and submitting it as
your own work. Suspected plagiarism will be investigated and if found to have occurred will be dealt with according to the college procedure. (For further
details please refer to the plagiarism policy and the student code of conduct.)

Due Dates
Issue Date 23/01/2017 Submission Date 14/04/2017
Formative Feedback for LO1 Week commencing from the 13/02/2017 Deadline for submission. No 06/10/2017
Formative feedback for LO2 Week commencing from the 6/03/2017 more submissions allowed
Formative feedback for LO3 Week commencing from the 27/03/2017 after this date unless
Formative feedback for LO4 Week commencing from the 10/04/2017 mitigating.
Assignment Guidelines:
Use a standard report structure, Word-process the report and use Normal script of a proper font size 12.
Produce an academic report, detailing the above issues with an approx. word limit of ,3500, with +/- 10% margin.
Complete the title page and sign the statement of authenticity. The Assignment front sheet should be attached in the front.
It should be uploaded on to Turnitin on the submission date
Assignments submitted after the deadline will not be accepted unless mitigating. Assignments submitted after the submission date may not be
eligible for support towards feedbacks if not submitted in time.
Resubmission is capped to a pass. Learners are allowed to resubmit only once and if fails to pass at the time of resubmission, would be advised to
retake the unit.
Collusion and Plagiarism must be avoided. Start each answer on a new page and pages should be numbered. Highlight each question clearly.
Include a Bibliography at the end of the assignment and use the Harvard referencing system.
All work should be comprehensively referenced and all sources must be fully acknowledged, such as books and journals, websites (include the
date of visit), etc.
Try to give the page numbers, publishers' details and the year of publication
In order to pass you need to address all the LO
In order to get a merit you need to address the characteristics of pass and address all the Ms
In order to get a Distinction you need to address the characteristics of pass, merit and address Ds.
Use a common format for the questions, for example:
Introduction (analyse the question.)
Underpinning Knowledge (write about the relevant theory/points)
Applied knowledge(Data Analysis)
Conclusions and Recommendations (summarizing the whole scenario keeping in view pass, merit, distinction criteria.)

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ASSIGNMENT BRIEF
Unit Number and title Unit 9 Entrepreneurship and Small Business Management
Qualification BTEC HND Business (Level 4)
QUALIFICATION CODE M/508/0495
Start Date 23 January 2017
Deadline/ Hand-in 14/04/2017

Assessor Ishmael Bartimeus

The main purpose of this assignment is to:

The aim of this assessment is to determine learners understanding of the definition and scope of
entrepreneurship and also their understanding of the enablers and barriers to business start-up.

Important instructions to students towards submission format:


The submission is in the form of an individual written report. This should be written in a concise, formal style
using single spacing and font size 12. You are required to make use of headings, paragraphs and subsections as
appropriate, and all work must be supported with research and referenced using the Harvard referencing system.
Please also provide a bibliography using the Harvard referencing system. The recommended word limit is
3,0003,500 words approx, although you will not be penalised for exceeding the total word limit. While
attempting the questions you need to address all the LO and assessment criterias as specified towards pass
merit and distinction. You will have to pass all the Ps to achieve an overall pass, address all the Ms to
achieve an overall merit besides addressing all the Ps and address all the Ds to achieve an overall distinction
besides addressing all the Ps and Ms. You will be given only one chance towards resubmission and this is
capped to pass only. If you fail to address the Ps as specified while Resubmission, you will be asked to repeat
the unit. 4
Unit Learning Outcomes:
1. Explore and illustrate the range of venture types that might be considered entrepreneurial.
2. Assess the impact of small businesses on the economy.
3. Determine and assess the key aspects of an entrepreneurial mind-set.
4. Examine the different environments that foster or hinder entrepreneurship.

Introduction
It is argued that entrepreneurship is beneficial for economic growth and development. This view has been
supported by countries that experienced substantial poverty reduction over the last three decades. Countries
like China and the East Asian Tigers are said to have capitalised on this phenomenon to drive economic
development.

With these identified benefits the UK government is promoting the concept and phenomenon for post Brexit
economic growth and development

Scenario:
As a successful entrepreneur, it is required of you as a consultant to present a report to aspiring entrepreneurs,
on Brexit and various Entrepreneurial Business Start-up opportunities in the UK. In addition you must, review
the various factors and traits that limits or drive entrepreneurship.

Your report must also assess how aspects of the entrepreneurial personality reflect entrepreneurial motivation
and mind-set.

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Please address the LOs and assessment criterias as specified below. [You are encouraged to use practical
examples from where appropriate to support the various concepts and theories that will ensure effective
entrepreneurship.]

TASK 1 to 4 Addressing LO1, LO2, LO3 and LO4:

This has to be submitted as specified, addressing all the LO and ACs.


The assessment report should cover the following in general, but answer the P questions as specified below
against each LO for the relevant tasks and adhere to the merit and distinctions questions towards achieving a
merit or distinction:-
1. A range of examples to illustrate the scope of entrepreneurship covering one local entrepreneur, one global
entrepreneur and one social enterprise.
2. Exploration of the situational factors, similarities and differences.
3. Shared entrepreneurial traits and characteristics.
4. Examination of how background and experiences either hinder or foster entrepreneurship.

Task 1:

You will need to start with introduction to the concept and phenomenon (entrepreneurship) with practical examples in
relations to SMEs.

You are required to write this report, by using supportive materials like books, Journals and other secondary sources of
information on the findings for LO 1. The answers you will give should reflect the scenario.

LO1: Explore and illustrate the range of venture types that might be considered entrepreneurial.

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P1. Carry out a mini research to examine different types of entrepreneurial ventures and explain how they relate to the typology
of entrepreneurship.

P2. As part of your research investigation, explore the similarities and differences between entrepreneurial ventures.

Note: To address the merit and distinction please refer to the assessment grading descriptors as specified below.

Task 2:

You will continue using the above scenario as a consultant and using supportive materials like books, Journals and other
secondary sources of information on the findings for LO 2. You are to report on Impact of small businesses on the economy.

LO 2: Assess the impact of small businesses on the economy.

P3. Assess and interpret relevant data and statistics in your mini-research, to illustrate how micro and small businesses impact on
the economy.

P4. Explain how important small businesses and business start ups will contribute to the growth of the social economy after
Brexit.

Note: To address the merit and distinction please refer to the assessment grading descriptors as specified below.

Task 3:

You will continue using the above scenario as a consultant, and using supportive materials like books, Journals and other
secondary sources of information on the findings for LO 3. You are to report on The Mindset of the Entrepreneur.

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LO3: Determine and assess the key aspects of an entrepreneurial mind-set

P5. Carry out a mini-research to determine the characteristics, traits and skills of two successful entrepreneurs, which
differentiate them from other business managers.

P6. Assess how aspects of the entrepreneurial personality as discussed in P5, reflect entrepreneurial motivation and mindset.

Note: To address the merit and distinction please refer to the assessment grading descriptors as specified below.

Task 4:

You will continue using the above scenario as a consultant and using supportive materials like books, Journals and other
secondary sources of information on the findings for LO 4. You are to report on The different environments that foster or
hinder entrepreneurship.

LO4: Examine the different environments that foster or hinder entrepreneurship.

P7. With practical examples obtained through your mini-research, examine how background and experience can hinder or foster
entrepreneurship.

Note: To address the merit and distinction please refer to the assessment grading descriptors as specified below.

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Assessment:
The module will be assessed meeting all the Assessment Criteria (AC), as specified by the awarding body, Pearson Edexcel.
Please read the instructions carefully while addressing the tasks specified.
Contribution: 100% of the module
Outline Details: Individual report approx. 3,500 words. Details enclosed in the assignment brief above.
Guidance in addition to the Pass criterias, this assignment gives you the opportunity to submit
evidence in order to achieve the following Merit and Distinction grades.
Learning outcome and assessment criteria, Assessment Grid indicating pass, merit and
distinction:
Unit 9: Entrepreneurship and Small Business Management
Learning Outcomes Pass Merit Distinction
LO1. Explore and illustrate the range of venture P1. Carry out a mini M1. Investigate a D1. Critically examine
types that might be considered entrepreneurial. research to examine diverse range of the scope, development
different types of entrepreneurial and growth of
entrepreneurial ventures to entrepreneurial ventures.
ventures and explain demonstrate an
how they relate to the understanding of
typology of entrepreneurship
entrepreneurship. in both the public
and corporate
sector.
P2. As part of your
research investigation,
explore the similarities
and differences
between

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entrepreneurial
ventures.
LO2. Assess the impact of small businesses on the P3. Assess and M2 Evaluate the D2 Critically examine
economy. interpret relevant data differences that how small businesses
and statistics in your small, medium have an impact on
mini-research, to and large different levels of the
illustrate how micro businesses make economy in a local,
and small businesses to the economy, regional, national and
impact on the applying relevant international context.
economy. data and
statistics.
P4. Explain how
important small
businesses and
business start ups
will contribute to the
growth of the social
economy after Brexit.
LO3. Determine and assess the key aspects of an P5. Carry out a mini- M3. Explore and D3 Analyse the
entrepreneurial mindset. research to determine examine different characteristic traits,
the characteristics, lines of argument skills and motivational
traits and skills of two relating to drivers of successful
successful entrepreneurial entrepreneurs,
entrepreneurs, which characteristics. supported by specific
differentiate them examples.
from other business
managers.

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P6. Assess how aspects
of the entrepreneurial
personality as discussed
in P5, reflect
entrepreneurial
motivation and mindset.

LO4. Examine the different environments that foster or P7. With practical M4 Analyse the D4 Critically evaluate
hinder entrepreneurship. examples obtained link between how background and
through your mini- entrepreneurial experience influences
research, examine how characteristics entrepreneurs, both
background and and the influence positively and
experience can hinder of personal negatively, by
or foster background and comparing and
entrepreneurship. experience to contrasting examples.
specific
successful
entrepreneurs.

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UNIT 9: Entrepreneurship and SBE
FINAL GRADE:

Achievement Summary
The Following Sections to be completed by the assessor:
Centre Name: REGENT COLLEGE HIGHER EDUCATION
Campus: WEMBLEY CAMPUS
Centre Number: 12727
Please note that the assessors signature below denotes conformation that he/she has in no way influenced the outcome of the
Assessment:
UNIT 9 Entrepreneurship and Small Business Management
UNIT LEADER ISHMAEL BARTIMEUS
Assessors Name: Ishmael Bartimeus
Assessors Signature:
Learners Name (to be filled by the Assessor)
Intake: Cohort: 1 Term: 1 Campus: WEMBLEY

Learners Edexcel Reference Number

Has the Unit been Internally Verified? Date of verification:


Name of the Internal Verifier:
Internal verifiers signature :
If Sampled ,Internal verifiers comments on the assignment brief:

Evidence Checklist Summary of the evidence required by the student Evidence presented
LO1
LO2
LO3
LO4

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Learning Outcome Evidence for the criteria to pass, merit and distinction as specified in the Assessors Internal
student feedback and contextualised. decision verification
PASS MERIT DISTINCTION decision.
(agree,
disagree)
Task 1: As a successful entrepreneur, it is required of you AS A CONSULTANT to present a report to aspiring entrepreneurs, on
Brexit and various Entrepreneurial Business Start-up opportunities in the UK. In addition you must, review the various factors and
traits that limits or drive entrepreneurship. You are required to write this report, by using supportive materials like books, Journals
and other secondary sources of information on the findings for LO 1. The answers you will give should reflect the scenario.

LO1: Explore and P1. Carry out a mini- M1 Investigate a diverse D1. Critically examine P1(P,M,D) P1 (P,M,D)
illustrate the range of research to examine range of entrepreneurial the scope, development
venture types that might different types of ventures to demonstrate and growth of
entrepreneurial ventures an understanding of entrepreneurial
be considered
ventures.
entrepreneurial. and explain how they entrepreneurship in both
relate to the typology of the public and corporate
entrepreneurship. sector
P2. As part of your P2 (P,M,D) P2(P,M,D)
research investigation,
explore the similarities and
differences between
entrepreneurial ventures.
Contextualised Feedback addressing LO1, reflecting the pass , merit and distinction:

IV comments towards LO1

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Task 2: As a successful entrepreneur, it is required of you to present a report to aspiring entrepreneurs, on Brexit and various
Entrepreneurial Business Start-up opportunities in the UK. In addition you must, review the various factors and traits that limits or
drive entrepreneurship. You are required to write this report, by using supportive materials like books, Journals and other
secondary sources of information on the findings for LO 2. The answers you will give should reflect the scenario.

LO 2: Assess the impact P3. Assess and interpret relevant M2. Evaluate the D2. Critically P3 (P,M,D) P3 (P,M,D)
of small businesses on the data and statistics in your mini- differences that examine how small
economy. small, medium and businesses have an
research, to illustrate how micro
large businesses impact on different
and small businesses impact on make to the
levels of the economy
the economy. economy, applying
in a local, regional,
relevant data and
statistics. national and
P4. Explain how important small
international context.
businesses and business start
ups will contribute to the growth P4(P,M,D) P4 (P,M,D)
of the social economy after
Brexit.

Contextualised Feedback addressing LO2, reflecting the pass , merit and distinction:

IV comments towards LO2 :

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Task 3: As a successful entrepreneur, it is required of you to present a report to aspiring entrepreneurs, on Brexit and various
Entrepreneurial Business Start-up opportunities in the UK. In addition you must, review the various factors and traits that limits or
drive entrepreneurship. You are required to write this report, by using supportive materials like books, Journals and other
secondary sources of information on the findings for LO 3. The answers you will give should reflect the scenario.

LO 3: Determine and P5. Carry out a mini-research to M3. Explore and D3. Analyse the P5 (P,M,D) P5 (P,M,D)
assess the key aspects of determine the characteristics, examine different characteristic traits,
an entrepreneurial traits and skills of two successful lines of argument skills and
mindset. entrepreneurs, which differentiate relating to motivational drivers
them from other business entrepreneurial of successful
managers. characteristics. entrepreneurs,
P6. Assess how aspects of the supported by specific
P6 (P,M,D) P6 (P,M,D)
entrepreneurial personality as examples.
discussed in P5, reflect
entrepreneurial motivation and
mindset.

Contextualised Feedback addressing LO3, reflecting the pass , merit and distinction:

IV comments towards LO3 :

Task 4: As a successful entrepreneur, it is required of you to present a report to aspiring entrepreneurs, on Brexit and various
Entrepreneurial Business Start-up opportunities in the UK. In addition you must, review the various factors and traits that limits or
drive entrepreneurship. You are required to write this report, by using supportive materials like books, Journals and other
secondary sources of information on the findings for LO 4. The answers you will give should reflect the scenario.

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LO4: Examine the P7. With practical examples M4. Analyse the D4. Critically
different environments obtained through your mini- link between evaluate how P7 (P,M,D) P7 (P,M,D)
that foster or hinder research, examine how entrepreneurial background and
entrepreneurship. background and experience can characteristics and experience influences
hinder or foster entrepreneurship. the influence of entrepreneurs, both
personal positively and
background and negatively, by
experience to comparing and
specific successful contrasting examples.
entrepreneurs.

Contextualised feedback addressing Pass, merit and distinction for LO4:

IV comments towards LO 4:

Pass, Merit and P1 P2 P3 P4 P5 P6 P7 M1 M2 M3 M4 D1 D2 D3 D4 Resubmit Retake


distinction grades
awarded resubmit
or retake
Any other comments

Grade given by the Assessor:


Pass Merit Distinction Resubmission Retake
Assessors Signature: Date:
IV Grading Check: Comments if any:
Agree
Disagree Modify grade to
IV signature: Date:

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Students feedback:

Student Signature: Date:


Plagiarism:
Any act of plagiarism will be seriously dealt with according to the colleges and awarding bodies regulations. In this context the
definition and scope of plagiarism are presented below:
Plagiarism is presenting someones work as your won. It includes copying information directly from the web or books without
referencing the material; submitting joint coursework as an individual effort; copying another students coursework; stealing
coursework form another student and submitting it as your own work. Suspected plagiarism will be investigated and if found to have
occurred will be dealt with according to the college procedure. (For further details please refer to the plagiarism policy and the student
code of conduct.)

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