Reference no: EM132419037 , Length: 2500 Words

Assignment Brief - BTEC, Higher National Diploma in Business (Level 5)

Unit Number and Title - 9 Entrepreneurship and Small Business Management

College of Banking and Financial Studies, Oman

Assignment Title - Entrepreneurial Ventures

Unit Learning Outcomes:

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

- Assess the impact of small businesses on the economy.

Assignment Brief and Guidance: You currently work as a Business Consultant for a consultancy firm 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. This is a mini research project that needs to be submitted in the form of a formal written report and needs to 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, MINIMUM of 1 must be a local business. You must do the following:

i. Critically examine the scope, development and growth of entrepreneurial ventures

AND

ii. Critically examine how small businesses have an impact on different economic levels, local, regional, national and international.

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.

You are to present your findings in the form of a formal written report that will be submitted to the CEO of your company.