- Research and elaborate the range of types of venture which is to be determined as entrepreneurial.
- Evaluate the impact on economy of small businesses.
- Ascertain and analyse the key components of an entrepreneurial outlook (mindset).
- Study the various environment which hinders the entrepreneurship.
Activity Scenario :
In a Joe woods company from past 2 years you are working as an entrepreneur partner and research executive. The owner of a company has setup an IT business to provide the facility to companies who are engaged in online credit and debit card payment from their vendors. Being a successful entrepreneur, Joe is invited in his university after almost 9 years of being graduated in regards to speaks about the entrepreneurship and who is entrepreneur? The objective of this lecture is to provide the thought to the new graduates for being a successful entrepreneur. He decided to present his lecture in entrepreneur way and to create a small informative booklet which produces a better insight into entrepreneurship for new graduates.
For making the booklet, Joe has given you task to research, compile, prepare and render the booklet. So you are required to finalize the table of content for this booklet.
LEARNING OUTCOMES
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PASS |
MERIT |
DISTINCTIONS |
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LO1 Research and exemplify the P2. Diagnose the similarities and dissimilarity between an entrepreneurial ventures. |
M1. Study a various compass of entrepreneurial ventures to exhibit an understanding of entrepreneurship in both public and corporate sector. |
D1 Analyse the development, growth and scope of entrepreneurial ventures. |
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LO2 Evaluate the impact on economy of small businesses. P3. Evaluate applicable data and statistics in your research to exemplify how small and little businesses effect on the economy. P4. Explain the importance of contribution of small business and startup after “Brexit” in the growth of economy. |
M2 With the help of data and statistics, analyse the differences between small, medium and large businesses. |
D2 Study the consequences in various stages of economy in regional, local and international context. |
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LO3 Ascertain and analyse the key components of an entrepreneurial outlook (mindset). P5. Determine the two successful entrepreneur's characteristic, traits and skills which differentiate them from other managers. P6. Explain the aspect of personality of entrepreneur as discussed in P5, reflect the mindset and entrepreneurial motivation. |
M3 Study the various lines of an argument related to the characteristics of an entrepreneur. |
D3 With the helps of illustrations examine the skills, traits and motivational drivers of successful entrepreneur. |
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LO4 Examine the different environments that foster or hinder entrepreneurship. P7. With the support of practical example which you have attained from the research, determine how the background and experiences can hinders the entrepreneurship. |
M4 Examine the relation between an entrepreneur characteristic and the determinant of personal background & content to particular successful entrepreneurs. |
D4 Appraise how the experiences and background influence the entrepreneur in both positive and negative way, compare them and relate them with examples. |
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