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 will evaluate a range of internal and
external factors for the small business start-up, along with how they can be a
risk to the new business (at
least four factors and four risks should be evaluated). 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 Distinction grade - for your script – you need to make judgments on the points you have been asked to raise in Tasks B and C.
Also review exemplar of a Distinction answer for Unit 1: Exploring a business: URL: https://docs.google.com/presentation/d/1f1BbYQFRiTPijc47m4HE8pghLvFdsyTt/edit#slide=id.p1
To achieve an overall Distinction grade – for your script - you need to make judgments based on the assignment's criteria i.e., evaluation: appraise, assess, or criticize on the basis of specific standards and criteria. In particular, you need to utilize some of the following verbs:
ReplyDeleteAppraise, choose, compare, decide, defend, evaluate, give your opinion, judge, justify, prioritize, rank, rate, select, support, value.