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Small Business EnterpriseAimThe aim of this unit is to give learners the opportunity to focus on the processes involved, through change management, of reviewing and improving the performance of a small business enterprise. Learning outcomes and assessment LO1 Be able to investigate the performance of a selected small business enterprise1.1 produce a profile of a selected small business identifying its strengths and weaknesses1.2 carry out an analysis of the business using comparative measures of performance LO2 Be able to propose changes to improve management and business performance2.1 recommend with justification, appropriate actions to overcome the identified weaknesses in the business2.2 analyse ways in which existing performance could be maintained and strengthened2.3 recommend with justification, new areas in which the business could be expandedLO3 Be able to revise business objectives and plans to incorporate proposed changes3.1 produce an assessment of existing business objectives and plans3.2 revise business plans to incorporate appropriate changes3.4 prepare an action plan to implement the changesLO4 Be able to examine the impact of change management on the operations of the business4.1 report on the impact of the proposed changes on the business and its personnel4.2 plan how the changes will be managed in the business4.3 monitor improvements in the performance of the business over a given timescale.
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