UNIT OUTCOMES, ASSESSMENT CRITERIA AND EVIDENCE REQUIRMENTS
Unit outcomes are given below. Assessment criteria and evidence requirements are given below each task.
REPORT (Small Business Enterprise)
Write a report titled “Improving the Performance of Small Businesses”. The report must discuss the various tools to identify the strengths and weaknesses for a business. Your report must also discuss the parameters on the basis of which the comparison can be done between the small business of same size. You must discuss the various measures to be taken to overcome the weaknesses as well as to strengthen the strengths of the small business. Your report should be unified and coherent. It must not exceed 3,000 words.
To complete this task successfully, you must:
1. Discuss a profile of small businesses explaining the strengths and weaknesses. (1.1)(12.5 marks)
2. Explain the analysis of small businesses using comparative measures of performance. (1.2)(12.5 marks)
3. Discuss the appropriate actions to overcome the identified weaknesses in small businesses. (2.1)(12.5 marks)
4. Identify and explain the measure in which existing performance could be maintained and strengthened by small businesses. (2.2)(12.5 marks) You must:
Discuss the advantages and disadvantages of the ways identified.
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