Assignment Task
Assignment Brief – BTEC (RQF)
All material should be properly referenced using a Harvard Referencing Style, including an in-text citations & Bibliography.
The recommended word limit is 1500 to 2000 words, although you will not be penalised for exceeding the total word limit.
The Presentation needs to be of 10 minutes, and an additional 5 minutes for question-and-answer round should be planned. It is required to present speaker notes along with the Presentation. The word limit for Speaker Notes is 1000-1500 words. Although you will not be penalised for exceeding the total word limit.
Unit Learning Outcomes:
LO1 Explore and illustrate the range of venture types that might be considered entrepreneurial
LO2 Assess the impact of small businesses on the economy
LO3 Determine and assess the key aspects of an entrepreneurial mindset.
LO4 Examine the different environments that foster or hinder entrepreneurship.
Assignment Brief and Guidance:
Scenario
The government of Pakistan has recently introduced the ‘Kamyab Jawaan’ Program as part of its initiative to further economic growth and prosperity in the country.
As part of Prime Minister’s vision of creating jobs for the youth, the Government introduced Prime Minister’s ‘Kamyab Jawan – Youth Entrepreneurship Scheme’ (YES) for provision of subsidized business financing.
This program has been developed with an aim to create more entrepreneurial mindset in the country and of creating more job opportunities and provide means for young people to be successful in their chosen career paths and to encourage SME growth.
You currently work as intern for the Ministry of Commerce and have been placed in the department handling, Prime Minister’s ‘Kamyab Jawan – Youth Entrepreneurship Scheme’ (YES).
Website Link: https://kamyabjawan.gov.pk/
Task 1 (LO1 & LO2)
You have been asked to prepare a detailed handbook, 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. To complete this project, information can be 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 have to Design a short PDF handbook which can be updated on the “Kamyab Jawan” webpage.
Task 2 (LO3 & LO4)
Role as an intern at Ministry of Commerce, you have been asked to present as a keynote speaker at the ‘National Business Incubation Program”.
You are to present on ‘The Mindset of the Entrepreneur’.
Your presentation will be 10 minutes and in the form of a visual storyboard (along with speaker notes) and will include the following:
Specific examples of entrepreneurs to illustrate the scope of entrepreneurship covering one local entrepreneur, one global entrepreneur and one social enterprise.
Exploration of their situational factors, similarities and differences.
Discussion on their shared entrepreneurial traits and characteristics.
Analysis of how background and experiences can either hinder or foster entrepreneurship, providing specific examples to support your line of argument.
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 outcome and assessment criteria
Pass Merit Distinction
LO1 Explore and illustrate the range of venture types that might be considered entrepreneurial D1 Provide a critical analysis of the complexities of different types of business structures and the interrelationships of the different organisational functions.
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 economy D2 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 mindset D3 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 entrepreneurship D4 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. -38108826500
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