A.2: P.2: Feedback

Pass standard – assessment criteria

A.2. The factors that need to be considered to start up a micro-business. P.2

A2: Models for business opportunities

A.2.1:    Business activity: primary, secondary or tertiary sector of activity.

A.2.2:    Processes: manufacturing, outsourcing, sourcing, channels to market.

A.2.3:    Organisational form: structure, roles and responsibilities.

At least four factors should have been be explained. If learners work in groups to research and explore, work must be submitted individually in a professional portfolio.

Adapted from Pearson (2022, p.169-175)

** Learners should provide traceable answers (Harvard referencing) to some of their examples**

Task A.2: P.2 - Online resources:

• Models for business opportunities - Power-point. 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).