A3: Factors to be considered when setting up a micro-business
A.3.1:
Capability
and core competencies. | Time constraints. | Financial constraints.
A.3.2:
Potential
stakeholder influences. |Access to physical resources. | Availability of
IT.
A.3.3:
Environmental
influences. | Internal risks. | External risks.
Learners should analyse the factors, ensuring there
is a good range and noting that some factors and risks will affect some types
of business and not others.
Pearson (2022, p.161-168)
Online resources: Factors to be considered when
setting up a micro-business - Power-point
Details of the activity and its
processes, and the business form should be evidenced in your portfolio, or
weblog.
Example: URL: https://cwc070323.blogspot.com/ Hilton
(2023, A)
To achieve an overall Merit grade - for your script – you need employ a greater level of analysis on the points you have been asked to raise in Tasks C.1 and C.2
ReplyDeleteIn particular you could: | Examine: inspect (someone or something) thoroughly in order to determine their nature or condition | Take apart: when a thing or person is analysed in an effort to discover flaws or weaknesses | Classify: arranged in classes or categories | Predict: say or estimate that (a specified thing) will happen in the future or will be a consequence of something | Draw conclusions: refers to information that is implied or inferred.