Pass standard – assessment
criteria
A.1. The potential business
opportunities for a micro-business start-up. P.1
Learners research a new
business and the model outlined. Details of the activity and its processes, and
the business form will be evidenced in the portfolio.
A1: Exploration of ideas for a
micro-business start-up
A.1.1: Idea generation for new products, services and/or
market for business opportunities.
A.1.2: Decision matrix: generation of selection criteria and scoring
for business opportunities.
Note: As this is for a
micro-business, the choice of business should be a small entity that does not
require more than four employees to start it
up
Adapted from Pearson (2022,
p.169-175)
** Learners should provide
traceable answers (Harvard referencing) to some of their examples**
Task A.1: P.1 - Online
resources:
- Exploration of ideas for a micro business start-up Hilton, D (2023, A)
- Unit 19: Pitching for a New Business - weblog. Hilton (2023)
Bibliography
- Hilton, D (2023, A): Learning aim {A}: Explore potential ideas for a micro-business start-up. Available at: https://cwc070323.blogspot.com/ (Accessed: June 2023)
- Hilton, D (2023): Unit 19: Pitching for a New Business - weblog. Available at: https://unit19cwc23.blogspot.com/ (Accessed: June 2023)
- Pearson (2022, p.169-175): Unit 19: Pitching for a New Business. BTEC Level 3 National Extended Diploma in Business – Specification – Issue 14 – July 2022 © Pearson Education Limited 2022
- OU (2023): Quick guide to Harvard referencing. Available at: https://www.open.ac.uk/library/referencing-and-plagiarism/quick-guide-to-harvard-referencing-cite-them-right. (Accessed: June 2023).
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