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Example of Company Profile CONFIDENTIAL
Swiss-Asian Chamber of Commerce Business and Investment
Mission to Thailand and Myanmar, Nov 17 to Nov 27, 2011
Business and Investment Mission to Thailand and Myanmar
COMPANY NAME / ADDRESS
Muster AG
Zeughausstrasse 19
3380 Wangen an der Aare
Telephone: + 41 (0) 32 613 20 73
Facsimile: + 41 (0) 32 613 20 80
E-Mail: [email protected]
Contact Person:
Mr. Fritz Muster
CEO / General Manager:
Mr. Heiri Muster
COMPANY BACKGROUND
Year Established: 1984
and USA
CURRENT ACTIVITIES
automotive-, medical-, communication-
and automation-industry.
industries, such as domestic appliances,
house technology etc.
NATURE OF BUSINESS
subassemblies. We have an extensive know-
how of manufacturing performances in metal,
especially turning and milling.
MAJOR PRODUCTS/SERVICES
method and machines available.
location/subcontractors to achieve good
quality at the lowest cost.
throughout the entire production to achieve
the best product quality as required by our
customer.
COLLABORATIVE ARRANGEMENT SOUGHT
Thailand to develop business opportunities in
the field of turned parts and subassemblies.
MAIN PURPOSE OF MEETING
PARTICULARLY WITH THAI COMPANIES
Know how transfer?
Looking for a distributor?
Joint Venture Partner?
COMPANY TARGETS
Manufacturing the most applicable parts
in Thailand for the European Market,
especially for the automotive industry.
COMPANY PROFILE
tered Capital in USD: 100’000
large range of manufacturing equipment
at the location of our chosen and approved
subcontractors and at our own premises.
TRW, MAHLE, ABB, PARKER, HILTI etc.
Central Europe, England and Asia
Central Europe and USA
TYPE OF BUSINESS COOPERATION
reliable and competitive manufacturers
BUSINESS INTEREST IN
manufacturers in order to increase sales in
Europe.
FORM OF INVESTMENT
-How-
Transfer and into special technical
equipment to accomplish the specific
orders.
SACC_bms/22.09.2010
mailto:[email protected]
Unit 7: Business Strategy
Unit code: A/601/0796 QCF level: 5
Credit value: 15 credits
Aim
The aim of this unit is to give learners the knowledge and
understanding of how a business unit can strategically organise
and plan for likely future outcomes in order to be successful.
Unit abstract
One of the aims of this unit is to build on learners’ existing
knowledge of the basic tools of business analysis such as
PESTLE and draw it together so that the learners think
strategically.
Learners will be introduced to further analysis tools needed for
the process of strategic planning.
They will be able to explain the significance of stakeholder
analysis and carry out an
environmental and organisational audit of a given organisation.
Learners will learn how to apply strategic positioning
techniques to the analysis of a given organisation and prepare a
strategic plan based on previous analysis. They will also learn
how to evaluate possible alternative strategies (such as
substantive growth, limited growth or retrenchment) and then
select an appropriate future strategy for a given organisation.
Finally, learners will compare the roles and responsibilities for
strategy implementation and evaluate resource requirements for
the implementation of a new strategy for a given organisation.
Learners will then be able to propose targets and timescales for
implementation and monitoring of the strategy in a given
organisation.
Learning outcomes
On successful completion of this unit a learner will:
1 Understand the process of strategic planning
2 Be able to formulate a new strategy
3 Understand approaches to strategy evaluation and selection
4 Understand how to implement a chosen strategy.
Unit content
1 Understand the process of strategic planning
Strategic contexts and terminology: role of strategy; missions;
visions; strategic intent; objectives; goals; core competencies;
strategic architecture; strategic control
Strategic thinking: future direction of the competition; needs of
customers; gaining and maintaining competitive advantage;
Ansoff’s growth-vector matrix; portfolio analysis
Planning systems: informal planning; top-down planning;
bottom-up planning; behavioural approaches
Strategic planning issues: impact on managers; targets; when to
plan; who should be involved; role of planning
Strategic planning techniques: BCG growth-share matrix;
directional policy matrices; SPACE,
PIMS
2 Be able to formulate a new strategy
Stakeholder analysis: stakeholder significance grid; stakeholder
mapping
Environment auditing: political, economic, socio-cultural,
technological, legal and environmental analysis (PESTLE);
Porter’s 5 force analysis; the threat of new entrants; the power
of buyers; the power of suppliers; the threat of substitutes;
competitive rivalry and collaboration
Strategic positioning: the Ansoff matrix; growth; stability;
profitability; efficiency; market leadership; survival; mergers
and acquisitions; expansion into the global marketplace
The organisational audit: benchmarking; SWOT analysis;
product positions; value-chain analysis; demographic
influences; scenario planning; synergy culture and values
3 Understand approaches to strategy evaluation and selection
Market entry strategies: organic growth; growth by merger or
acquisition; strategic alliances; licensing; franchising
Substantive growth strategies: horizontal and vertical
integration; related and unrelated diversification
Limited growth strategies: do nothing; market penetration;
market development; product development; innovation
Disinvestment strategies: retrenchment; turnaround strategies;
divestment; liquidation
Strategy selection: considering the alternatives;
appropriateness; feasibility; desirability
4 Understand how to implement a chosen strategy
The realisation of strategic plans to operational reality:
communication (selling the concepts); project teams;
identification of team and individual roles, responsibilities and
targets;
programme of activities; benchmark targets at differing levels
of the organisation
Resource allocation: finance; human resources; materials; time
Review and evaluation: an evaluation of the benchmarked
outcomes in a given time period in relation to corporate,
operational and individual targets
Learning outcomes and assessment criteria
Learning Outcomes
Assessment Requirements
To achieve each outcome a learner must demonstrate the ability
to:
1.Analyse how the business environment is considered in
strategy formulation
Define the contexts of business strategy.
1.
Conduct an environmental and organisational audit of a given
organisation
2.
Apply strategic positioning techniques to the analysis of a given
organisation
2. Understand the process of strategic planning
Demonstrate an ability to think strategically
3.
Prepare a strategic plan for a given organisation, based on
previous analysis.
3. Examine approaches to strategy evaluation and selection
Evaluate possible alternative strategies substantive - growth,
limited growth
Select an appropriate future strategy for a given organisation
4. Analyse how strategy implementation is realised
Compare the roles and responsibilities for strategy
implementation in two different org. organizations.
Identify and evaluate resource requirements to implement a new
strategy for a given organisation
Propose targets and timescales for achievement in a given
organisation to monitor a given strategy
Number of Pages: 15 (Double Spaced)
Language Style: English (U.K.)
Writing Style: Harvard
Number of sources: 20
follow the guidelines and to be only UK small business
enterprises.
Rules and regulations:
Plagiarism is presenting somebody else’s work as your own. It
includes: copying information directly from the Web or books
without referencing the material; submitting joint coursework as
an individual effort; copying another student’s coursework;
stealing coursework from another student and submitting it as
your own work. Suspected plagiarism will be investigated and
if found to have occurred will be dealt with according to the
procedures set down by the College. Please see your student
handbook for further details of what is / isn’t plagiarism.
Coursework Regulations
1 Submission of coursework must be undertaken according to
the relevant procedure. Lecturers will give information as to
which procedure must be followed, and details of submission
procedures and penalty fees can be obtained from Academic
Administration or the general student handbook.
2 Late coursework will be accepted by Academic Admin Office
and marked according to the guidelines given in your Student
Handbook for this year.
3 If you need an extension (even for one day) for a valid reason,
you must request one. Collect a coursework extension request
form from the Academic Admin Office. Then take the form to
your lecturer, along with evidence to back up your request. The
completed form must be accompanied by evidence such as a
medical certificate in the event of you being sick. The
completed form must then be returned to Academic Admin for
processing. This is the only way to get an extension.
O Learning Outcomes and assessment
requirements
Learning Outcomes
Assessment requirements
To achieve each outcome a learner must demonstrate the ability
to:
LO1 Be able to investigate the performance of a selected small
business enterprise
1.1 produce a profile of a selected small business identifying its
strengths and weaknesses
1.
1.2 carry out an analysis of the business using comparative
measures of performance
LO2 Be able to propose changes to improve management and
business performance
2.1 recommend with justification, appropriate actions to
overcome the identified weaknesses in the business
2.
2.2 analyse ways in which existing performance could be
maintained and strengthened
3.
2.3 recommend with justification, new areas in which the
business could be expanded
LO3 Be able to revise business objectives and plans to
incorporate proposed changes
3.1 produce an assessment of existing business objectives and
plans
4.
3.2 revise business plans to incorporate appropriate changes
5.
3.3 prepare an action plan to implement the changes
LO4 Be able to examine the impact of change management on
the operations of the business.
4.1 report on the impact of the proposed changes on the
business and its personnel
6.
4.2 plan how the changes will be managed in the business
7.
4.3 monitor improvements in the performance of the business
over a given timescale.
In addition to the above PASS criteria, this assignment gives
you the opportunity to submit evidence in order to achieve the
following MERIT and DISTINCTION grades
Grade Descriptor
Indicative characteristic/s
Contextualisation
M1 Identify and apply strategies to find appropriate solutions
· Effective judgements have been made
To achieve M1, you will identify and use effective judgment in
analysing the business performance using appropriate
theories/models - SWOT, Porter’s five and PESTLE.
M2 Select / design and apply appropriate methods / techniques
· Relevant theories and techniques have been applied and a
range of sources of information has been used to synthesise and
process complex information/data
To achieve M2, you will need to use appropriate range, sources
and relevant models /theories to support business analysis and
proposing changes to the business
M3 Present and communicate appropriate findings
· An appropriate structure and approach has been used which
includes the use of technical language, a coherent and logical
development of principles/concepts for the intended audience
To achieve M3, you will need to use appropriate technical
language and follow a logically structured approached that
focuses on the processes involved in change management,
reviewing and improving the performance of the named small
business enterprise
D1 Use critical reflection to evaluate own work and justify
valid conclusions
· Conclusions have been arrived at through synthesis of ideas
and have been justified and a realistic improvement strategy
have been proposed against defined characteristics for success
To achieve D1, you will have used critical but correct business
models to reviewing and improving the performance of the
named small business enterprise.
D2 Take responsibility for managing and organising activities
· Autonomy/independence has been demonstrated and
substantial activities, projects or investigations have been
planned, managed and organised recognizing the importance of
interdependence
To achieve D2 you will havedemonstrated an effective approach
to independent research and study and will have met the
deadline to submit the tasks and achieve the unit assessment
criteria.
D3 Demonstrate convergent /lateral / creative thinking
· Ideas have been generated and decisions taken with an
evidence of self-evaluation, convergent and lateral thinking, and
the application of innovation and creative thought
To achieve D3 you will produce excellent analysis aided by
incredibly innovative relevant pictorial presentation of and
accurate identification of relevant business models. Thoughtful
conclusions supported by very good theoretical framework.
Assignment title
Performance of Small Business Enterprise.
Purpose of this assignment: Small businesses are vital to the
success of any economy. Not only as they provide the success
stories of the future, but also because they meet local needs,
serves as backbone of creativity and production, stimulates
economic growth and serve the requirements of larger
businesses. However, small businesses are confronted with a
wide range of internally and externally based problems on a
daily basis which makes it mandatory for small business
managers to understand how to apply effective turnaround
strategies to put their firms back to profitability. This module
and its corresponding assignment is meant to give learners the
opportunity to focus on the processes involved, through change
management, of reviewing and improving the performance of a
small business enterprise.
Scenario
The scenario is individualistic. Students are expected to
approach a small business enterprise that is familiar and
accessible to them and from which they can obtain relevant
information that will enable them to carry out the tasks.
Task 1: Business Performance of a selected small business
enterprise Approach a small business enterprise that is familiar
and accessible to you and from which you can obtain relevant
information that will enable carry out the following tasks:
· 1a Produce a profile of the selected small business enterprise
(SBE), which among many other things should include the
inherent weaknesses of the SBE and areas where it demonstrates
unique strengths in comaparism to its competitors (AC 1.1)
· 1b Using ‘Porter’s Five Forces’ model, carry out an analysis
of the nature of competition which your selected SBE is
exposed to, and show by way of a comparative analysis, its
performance in comparison to similar SBEs in the same industry
(AC 1.2)
1. To achieve M1, you will identify and use effective judgment
in analysing the business performance of your SBE using
appropriate theories/models - SWOT, Porter’s five and
PESTLE.
2. To achieve D1, you will have used critical but correct
business models to reviewing and improving the performance of
the named small business enterprise.
Task 2: Propose Changes to Improve Management and Business
Performance
Based on the information obtained from scenario 1 above,
undertake the following tasks
· 2a Recommend with justification, appropriate actions that
managers of your selected SBE might undertake in order to
overcome the identified weaknesses of the business (AC 2.1)
· 2b Assuming your selected SBE is currently performing well,
analyse ways in which its existing performance could be
maintained and strengthened (AC 2.2)
· 2c Recommend with justification, new areas in which the
business could be expanded with concrete justifications. (AC
2.3)
3. To achieve M2, you will need to use appropriate range,
sources and relevant models /theories to support business
analysis and proposing changes to the business
4. To achieve D2 you will have received very little support and
demonstrated an effective approach to independent research and
study and will have met the deadline to submit the tasks and
achieve the unit assessment criteria. but
Task 3: Assessment of the business objectives and plans to
incorporate proposed changes
Using your selected business enterprise, assess the following
· 3a Produce an assessment of existing business objectives and
plans of your selected SBE and determine its viability and
profitability (AC 3.1)
· 3b Assuming in your opinion, the viability and profitability of
the existing business plans of your selected SBE is in doubts,
revise business plans to incorporate appropriate changes that
will make the business to be viable and profitable. (AC 3.2)
· 3c Prepare a feasible action plan to implement these suggested
changes (AC 3.3)
5. To achieve M3, you will need to use appropriate technical
language and follow a logically structured approached that
focuses on the processes involved in change management,
reviewing and improving the performance of the named small
business enterprise
6. To achieve D3 you will produce excellent analysis aided by
incredibly innovative relevant pictorial presentation of and
accurate identification of relevant business models. Thoughtful
conclusions supported by very good theoretical framework.
Task 4: assessment of impact of change management and
plausible solutions
· 4a Provide a comprehensive report on the impact of the
proposed changes on the business and its personnel (AC 4.1)
· 4b Provide a plan that demonstrates how the changes will be
managed in the SBE. (AC 4.2)
· 4c Prepare a time scale to monitor the improvement in the
performance of the SBE over a given timescale. (AC 4.3)
Evidence checklist
Summary of evidence required by student
Task 1
Write a report that shows the performance of a selected small
business enterprise highlighting the strengths and weaknesses of
the enterprise
Task 2
Propose changes that will bring improvements to the existing
management of the enter[prise which will ultimately lead to
business performance
Task 3
Write a report that revises the existing business objectives and
plans, incorporating new changes to the enterprise for better
performance
Task 4
Write a report on the impact of the proposed change
management on the operations of the business.
Please note that task 1, 2, 3, and 4 should all be in one report
Achievement Summary
Qualification
Pearson BTEC Level 5 HND Diploma in Business
Assessor name
Unit Number and title
Unit No. 33: Small Business Enterprise
Student name
Criteria Reference
To achieve the criteria the evidence must show that the student
is able to:
Achieved?
(tick)
LO 1
Be able to investigate the performance of a selected small
business enterprise
1.1
Produce a profile of a selected small business identifying its
strengths and weaknesses
1.2
Carry out an analysis of the business using comparative
measures of performance
LO 2
Be able to propose changes to improve management and
business performance
2.1
Recommend with justification, appropriate actions to overcome
the identified weaknesses in the business
2.2
Analyse ways in which existing performance could be
maintained and strengthened
2.3
Recommend with justification, new areas in which the business
could be expanded
LO 3
Be able to revise business objectives and plans to incorporate
proposed changes
3.1
Produce an assessment of existing business objectives and plans
3.2
Revise business plans to incorporate appropriate changes
3.3
Prepare an action plan to implement the changes
LO 4
Be able to examine the impact of change management on the
operations of the business.
4.1
Report on the impact of the proposed changes on the business
and its personnel
4.2
Plan how the changes will be managed in the business
4.3
Monitor improvements in the performance of the business over
a given timescale.
Higher Grade achievements (where applicable)
Grade descriptor
Achieved?
(tick)
Grade descriptor
Achieved?
(tick)
M1:
D1:
M2:
D2:
M3:
D3:
Assignment Feedback
Formative Feedback: Assessor to Student
Action Plan
Summative feedback
Assessor Signature
Date

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Example of Company Profile CONFIDENTIAL Swiss-Asian Chamb.docx

  • 1. Example of Company Profile CONFIDENTIAL Swiss-Asian Chamber of Commerce Business and Investment Mission to Thailand and Myanmar, Nov 17 to Nov 27, 2011 Business and Investment Mission to Thailand and Myanmar COMPANY NAME / ADDRESS Muster AG Zeughausstrasse 19 3380 Wangen an der Aare Telephone: + 41 (0) 32 613 20 73 Facsimile: + 41 (0) 32 613 20 80 E-Mail: [email protected] Contact Person: Mr. Fritz Muster CEO / General Manager: Mr. Heiri Muster COMPANY BACKGROUND Year Established: 1984
  • 2. and USA CURRENT ACTIVITIES automotive-, medical-, communication- and automation-industry. industries, such as domestic appliances, house technology etc. NATURE OF BUSINESS subassemblies. We have an extensive know- how of manufacturing performances in metal, especially turning and milling. MAJOR PRODUCTS/SERVICES method and machines available.
  • 3. location/subcontractors to achieve good quality at the lowest cost. throughout the entire production to achieve the best product quality as required by our customer. COLLABORATIVE ARRANGEMENT SOUGHT Thailand to develop business opportunities in the field of turned parts and subassemblies. MAIN PURPOSE OF MEETING PARTICULARLY WITH THAI COMPANIES Know how transfer? Looking for a distributor? Joint Venture Partner? COMPANY TARGETS Manufacturing the most applicable parts in Thailand for the European Market,
  • 4. especially for the automotive industry. COMPANY PROFILE tered Capital in USD: 100’000 large range of manufacturing equipment at the location of our chosen and approved subcontractors and at our own premises. TRW, MAHLE, ABB, PARKER, HILTI etc. Central Europe, England and Asia Central Europe and USA TYPE OF BUSINESS COOPERATION reliable and competitive manufacturers
  • 5. BUSINESS INTEREST IN manufacturers in order to increase sales in Europe. FORM OF INVESTMENT -How- Transfer and into special technical equipment to accomplish the specific orders. SACC_bms/22.09.2010 mailto:[email protected] Unit 7: Business Strategy Unit code: A/601/0796 QCF level: 5 Credit value: 15 credits Aim The aim of this unit is to give learners the knowledge and understanding of how a business unit can strategically organise and plan for likely future outcomes in order to be successful. Unit abstract One of the aims of this unit is to build on learners’ existing knowledge of the basic tools of business analysis such as
  • 6. PESTLE and draw it together so that the learners think strategically. Learners will be introduced to further analysis tools needed for the process of strategic planning. They will be able to explain the significance of stakeholder analysis and carry out an environmental and organisational audit of a given organisation. Learners will learn how to apply strategic positioning techniques to the analysis of a given organisation and prepare a strategic plan based on previous analysis. They will also learn how to evaluate possible alternative strategies (such as substantive growth, limited growth or retrenchment) and then select an appropriate future strategy for a given organisation. Finally, learners will compare the roles and responsibilities for strategy implementation and evaluate resource requirements for the implementation of a new strategy for a given organisation. Learners will then be able to propose targets and timescales for implementation and monitoring of the strategy in a given organisation. Learning outcomes On successful completion of this unit a learner will: 1 Understand the process of strategic planning 2 Be able to formulate a new strategy 3 Understand approaches to strategy evaluation and selection 4 Understand how to implement a chosen strategy. Unit content 1 Understand the process of strategic planning Strategic contexts and terminology: role of strategy; missions; visions; strategic intent; objectives; goals; core competencies; strategic architecture; strategic control Strategic thinking: future direction of the competition; needs of customers; gaining and maintaining competitive advantage; Ansoff’s growth-vector matrix; portfolio analysis
  • 7. Planning systems: informal planning; top-down planning; bottom-up planning; behavioural approaches Strategic planning issues: impact on managers; targets; when to plan; who should be involved; role of planning Strategic planning techniques: BCG growth-share matrix; directional policy matrices; SPACE, PIMS 2 Be able to formulate a new strategy Stakeholder analysis: stakeholder significance grid; stakeholder mapping Environment auditing: political, economic, socio-cultural, technological, legal and environmental analysis (PESTLE); Porter’s 5 force analysis; the threat of new entrants; the power of buyers; the power of suppliers; the threat of substitutes; competitive rivalry and collaboration Strategic positioning: the Ansoff matrix; growth; stability; profitability; efficiency; market leadership; survival; mergers and acquisitions; expansion into the global marketplace The organisational audit: benchmarking; SWOT analysis; product positions; value-chain analysis; demographic influences; scenario planning; synergy culture and values 3 Understand approaches to strategy evaluation and selection Market entry strategies: organic growth; growth by merger or acquisition; strategic alliances; licensing; franchising Substantive growth strategies: horizontal and vertical integration; related and unrelated diversification Limited growth strategies: do nothing; market penetration; market development; product development; innovation Disinvestment strategies: retrenchment; turnaround strategies; divestment; liquidation Strategy selection: considering the alternatives; appropriateness; feasibility; desirability 4 Understand how to implement a chosen strategy The realisation of strategic plans to operational reality: communication (selling the concepts); project teams; identification of team and individual roles, responsibilities and
  • 8. targets; programme of activities; benchmark targets at differing levels of the organisation Resource allocation: finance; human resources; materials; time Review and evaluation: an evaluation of the benchmarked outcomes in a given time period in relation to corporate, operational and individual targets Learning outcomes and assessment criteria Learning Outcomes Assessment Requirements To achieve each outcome a learner must demonstrate the ability to: 1.Analyse how the business environment is considered in strategy formulation Define the contexts of business strategy. 1. Conduct an environmental and organisational audit of a given organisation 2. Apply strategic positioning techniques to the analysis of a given organisation 2. Understand the process of strategic planning Demonstrate an ability to think strategically 3. Prepare a strategic plan for a given organisation, based on previous analysis. 3. Examine approaches to strategy evaluation and selection Evaluate possible alternative strategies substantive - growth, limited growth Select an appropriate future strategy for a given organisation 4. Analyse how strategy implementation is realised
  • 9. Compare the roles and responsibilities for strategy implementation in two different org. organizations. Identify and evaluate resource requirements to implement a new strategy for a given organisation Propose targets and timescales for achievement in a given organisation to monitor a given strategy Number of Pages: 15 (Double Spaced) Language Style: English (U.K.) Writing Style: Harvard Number of sources: 20 follow the guidelines and to be only UK small business enterprises. Rules and regulations: Plagiarism is presenting somebody else’s work as your own. It includes: copying information directly from the Web or books without referencing the material; submitting joint coursework as an individual effort; copying another student’s coursework; stealing coursework from another student and submitting it as your own work. Suspected plagiarism will be investigated and if found to have occurred will be dealt with according to the procedures set down by the College. Please see your student handbook for further details of what is / isn’t plagiarism. Coursework Regulations 1 Submission of coursework must be undertaken according to the relevant procedure. Lecturers will give information as to which procedure must be followed, and details of submission procedures and penalty fees can be obtained from Academic Administration or the general student handbook.
  • 10. 2 Late coursework will be accepted by Academic Admin Office and marked according to the guidelines given in your Student Handbook for this year. 3 If you need an extension (even for one day) for a valid reason, you must request one. Collect a coursework extension request form from the Academic Admin Office. Then take the form to your lecturer, along with evidence to back up your request. The completed form must be accompanied by evidence such as a medical certificate in the event of you being sick. The completed form must then be returned to Academic Admin for processing. This is the only way to get an extension. O Learning Outcomes and assessment requirements Learning Outcomes Assessment requirements To achieve each outcome a learner must demonstrate the ability to: LO1 Be able to investigate the performance of a selected small business enterprise 1.1 produce a profile of a selected small business identifying its strengths and weaknesses 1. 1.2 carry out an analysis of the business using comparative measures of performance LO2 Be able to propose changes to improve management and business performance 2.1 recommend with justification, appropriate actions to overcome the identified weaknesses in the business 2. 2.2 analyse ways in which existing performance could be maintained and strengthened 3. 2.3 recommend with justification, new areas in which the business could be expanded
  • 11. LO3 Be able to revise business objectives and plans to incorporate proposed changes 3.1 produce an assessment of existing business objectives and plans 4. 3.2 revise business plans to incorporate appropriate changes 5. 3.3 prepare an action plan to implement the changes LO4 Be able to examine the impact of change management on the operations of the business. 4.1 report on the impact of the proposed changes on the business and its personnel 6. 4.2 plan how the changes will be managed in the business 7. 4.3 monitor improvements in the performance of the business over a given timescale. In addition to the above PASS criteria, this assignment gives you the opportunity to submit evidence in order to achieve the following MERIT and DISTINCTION grades Grade Descriptor Indicative characteristic/s Contextualisation M1 Identify and apply strategies to find appropriate solutions · Effective judgements have been made To achieve M1, you will identify and use effective judgment in analysing the business performance using appropriate theories/models - SWOT, Porter’s five and PESTLE. M2 Select / design and apply appropriate methods / techniques · Relevant theories and techniques have been applied and a range of sources of information has been used to synthesise and process complex information/data To achieve M2, you will need to use appropriate range, sources and relevant models /theories to support business analysis and
  • 12. proposing changes to the business M3 Present and communicate appropriate findings · An appropriate structure and approach has been used which includes the use of technical language, a coherent and logical development of principles/concepts for the intended audience To achieve M3, you will need to use appropriate technical language and follow a logically structured approached that focuses on the processes involved in change management, reviewing and improving the performance of the named small business enterprise D1 Use critical reflection to evaluate own work and justify valid conclusions · Conclusions have been arrived at through synthesis of ideas and have been justified and a realistic improvement strategy have been proposed against defined characteristics for success To achieve D1, you will have used critical but correct business models to reviewing and improving the performance of the named small business enterprise. D2 Take responsibility for managing and organising activities · Autonomy/independence has been demonstrated and substantial activities, projects or investigations have been planned, managed and organised recognizing the importance of interdependence To achieve D2 you will havedemonstrated an effective approach to independent research and study and will have met the deadline to submit the tasks and achieve the unit assessment criteria. D3 Demonstrate convergent /lateral / creative thinking · Ideas have been generated and decisions taken with an evidence of self-evaluation, convergent and lateral thinking, and the application of innovation and creative thought To achieve D3 you will produce excellent analysis aided by incredibly innovative relevant pictorial presentation of and accurate identification of relevant business models. Thoughtful conclusions supported by very good theoretical framework. Assignment title
  • 13. Performance of Small Business Enterprise. Purpose of this assignment: Small businesses are vital to the success of any economy. Not only as they provide the success stories of the future, but also because they meet local needs, serves as backbone of creativity and production, stimulates economic growth and serve the requirements of larger businesses. However, small businesses are confronted with a wide range of internally and externally based problems on a daily basis which makes it mandatory for small business managers to understand how to apply effective turnaround strategies to put their firms back to profitability. This module and its corresponding assignment is meant to give learners the opportunity to focus on the processes involved, through change management, of reviewing and improving the performance of a small business enterprise. Scenario The scenario is individualistic. Students are expected to approach a small business enterprise that is familiar and accessible to them and from which they can obtain relevant information that will enable them to carry out the tasks. Task 1: Business Performance of a selected small business enterprise Approach a small business enterprise that is familiar and accessible to you and from which you can obtain relevant information that will enable carry out the following tasks: · 1a Produce a profile of the selected small business enterprise (SBE), which among many other things should include the inherent weaknesses of the SBE and areas where it demonstrates unique strengths in comaparism to its competitors (AC 1.1) · 1b Using ‘Porter’s Five Forces’ model, carry out an analysis of the nature of competition which your selected SBE is exposed to, and show by way of a comparative analysis, its performance in comparison to similar SBEs in the same industry (AC 1.2)
  • 14. 1. To achieve M1, you will identify and use effective judgment in analysing the business performance of your SBE using appropriate theories/models - SWOT, Porter’s five and PESTLE. 2. To achieve D1, you will have used critical but correct business models to reviewing and improving the performance of the named small business enterprise. Task 2: Propose Changes to Improve Management and Business Performance Based on the information obtained from scenario 1 above, undertake the following tasks · 2a Recommend with justification, appropriate actions that managers of your selected SBE might undertake in order to overcome the identified weaknesses of the business (AC 2.1) · 2b Assuming your selected SBE is currently performing well, analyse ways in which its existing performance could be maintained and strengthened (AC 2.2) · 2c Recommend with justification, new areas in which the business could be expanded with concrete justifications. (AC 2.3) 3. To achieve M2, you will need to use appropriate range, sources and relevant models /theories to support business analysis and proposing changes to the business 4. To achieve D2 you will have received very little support and demonstrated an effective approach to independent research and study and will have met the deadline to submit the tasks and achieve the unit assessment criteria. but Task 3: Assessment of the business objectives and plans to incorporate proposed changes Using your selected business enterprise, assess the following · 3a Produce an assessment of existing business objectives and plans of your selected SBE and determine its viability and profitability (AC 3.1)
  • 15. · 3b Assuming in your opinion, the viability and profitability of the existing business plans of your selected SBE is in doubts, revise business plans to incorporate appropriate changes that will make the business to be viable and profitable. (AC 3.2) · 3c Prepare a feasible action plan to implement these suggested changes (AC 3.3) 5. To achieve M3, you will need to use appropriate technical language and follow a logically structured approached that focuses on the processes involved in change management, reviewing and improving the performance of the named small business enterprise 6. To achieve D3 you will produce excellent analysis aided by incredibly innovative relevant pictorial presentation of and accurate identification of relevant business models. Thoughtful conclusions supported by very good theoretical framework. Task 4: assessment of impact of change management and plausible solutions · 4a Provide a comprehensive report on the impact of the proposed changes on the business and its personnel (AC 4.1) · 4b Provide a plan that demonstrates how the changes will be managed in the SBE. (AC 4.2) · 4c Prepare a time scale to monitor the improvement in the performance of the SBE over a given timescale. (AC 4.3) Evidence checklist Summary of evidence required by student Task 1 Write a report that shows the performance of a selected small business enterprise highlighting the strengths and weaknesses of the enterprise Task 2 Propose changes that will bring improvements to the existing management of the enter[prise which will ultimately lead to business performance
  • 16. Task 3 Write a report that revises the existing business objectives and plans, incorporating new changes to the enterprise for better performance Task 4 Write a report on the impact of the proposed change management on the operations of the business. Please note that task 1, 2, 3, and 4 should all be in one report Achievement Summary Qualification Pearson BTEC Level 5 HND Diploma in Business Assessor name Unit Number and title Unit No. 33: Small Business Enterprise Student name Criteria Reference To achieve the criteria the evidence must show that the student is able to: Achieved? (tick) LO 1 Be able to investigate the performance of a selected small business enterprise 1.1 Produce a profile of a selected small business identifying its strengths and weaknesses 1.2 Carry out an analysis of the business using comparative measures of performance
  • 17. LO 2 Be able to propose changes to improve management and business performance 2.1 Recommend with justification, appropriate actions to overcome the identified weaknesses in the business 2.2 Analyse ways in which existing performance could be maintained and strengthened 2.3 Recommend with justification, new areas in which the business could be expanded LO 3 Be able to revise business objectives and plans to incorporate proposed changes 3.1 Produce an assessment of existing business objectives and plans 3.2 Revise business plans to incorporate appropriate changes 3.3 Prepare an action plan to implement the changes
  • 18. LO 4 Be able to examine the impact of change management on the operations of the business. 4.1 Report on the impact of the proposed changes on the business and its personnel 4.2 Plan how the changes will be managed in the business 4.3 Monitor improvements in the performance of the business over a given timescale. Higher Grade achievements (where applicable) Grade descriptor Achieved? (tick) Grade descriptor Achieved? (tick) M1: D1: M2:
  • 19. D2: M3: D3: Assignment Feedback Formative Feedback: Assessor to Student Action Plan Summative feedback Assessor Signature Date