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Examine different types of entrepreneurial ventures and explain how they relate to the typology of entrepreneurship.

Module Title: Entrepreneurship and Small Business Management

Introduction:

The most successful businesses understand who they are and have a profound understanding of the environment they operate in. This assignment will allow you to demonstrate your knowledge of a range of organisations and an understanding of the different types of entrepreneurial ventures

 

Completion of this assignment will address the following learning outcomes:

P1

Examine different types of entrepreneurial ventures and explain how they relate to the typology of entrepreneurship.

P2

Explore the similarities and differences between entrepreneurial ventures.

P3

Interpret and assess relevant data and statistics to illustrate how micro and small businesses impact on the economy.

P4

Explain the importance of small businesses and business start-ups to the growth of the social economy.

 

Guidelines to be used to cover all P’s

Title: Explore and illustrate the range of venture types that might be considered entrepreneurial

And assess the impact of small businesses on the economy.

 

You should complete your blog with reference to specific company’s examples. You should aim to cover the following points:

 

  1. Different definitions of entrepreneurship P1
  2. How the market is split between, Public, Private and Social Enterprise P1
  3. Definitions of micro, small, medium and large organisations.           P1
  4. Explanation of Wennekers and Thurik (1999) model.       P1
  5. Miles and Snow (1978) typology of entrepreneurial ventures         P1
  6. Different typologies of entrepreneurial ventures P2
  7. Link between entrepreneurial ventures and typologies P2
  8. Relevant data of statistics from the UK government to show employment data from small, medium and large company sectors, data on revenue obtained from there different companies. THEN interpretation regarding significance to the UK economy.P3
  9. Explain or define the social enterprise sector.P3
  10. Types of social enterprise companies and the different sectors they reside in. p3
  11. The link between these companies and the UK economy. P3
  12. Then explain the importance of small businesses to the growth of the social economy. P4

 

(VLOG should be uploaded to You tube and a link sent to your tutor and examandassessment)

M1 Investigate a diverse range of entrepreneurial ventures to demonstrate an understanding of entrepreneurship in both the public and corporate sector.

M2 Evaluate the differences small, medium and large businesses make to the economy, applying relevant data and statistics

 


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