Nelson College London

Higher National Certificate/Diploma in Business

Assignment Brief

Course HND Business

Unit Number and Title Unit 9: Entrepreneurship and Small Business Management (ESBM)

Unit Code T / 508 / 0495

Unit Level 4

Academic Term April 2018

Unit Tutors Waheed Mughal

Alfred, Owusu, Abimbola, Ousman, Waheed, Nazia

Issue Date WC 23/04/2018

Submission Date 17/07/2018

Submission Format:
The submission is in the form of an individual written report. This should be written in a concise,
formal business style using single spacing and font size 12. You are required to make use of headings,
paragraphs and subsections as appropriate, and all work must be supported with research and
referenced using the Harvard referencing system. Please also provide a bibliography using the
Harvard referencing system. The recommended word limit is 2,000–2,500 words, although you will
not be penalised for exceeding the total word limit.

All the students are required on include assignment cover sheet which is available
on VLE.

Learning Outcomes

1. Explore and illustrate the range of venture types that might be considered entrepreneurial.
2. Assess the impact of small businesses on the economy.
 Nelson College London

3. Determine and assess the key aspects of an entrepreneurial mindset.

4. Examine the different environments that foster or hinder entrepreneurship.
Task-1
LO 1: Explore and illustrate the range of venture types that might be considered entrepreneurial.

Vocational Scenario
You are the Entrepreneurship and Small Business Adviser at the Council for Small Business Entrepreneurs
(CSBE) in the United Kingdom. The CSBE assists prospective entrepreneurs and start-up ventures to develop
entrepreneurial skills and knowledge to become successful entrepreneurs. You directors has to attend a
meeting with local MP to discuss the importance of entrepreneurship and small business in the UK. He has
asked you to prepare a Report for his review, as part of resources to be used for a speech in the business
meeting, which should include the following points.
● Examine different types of entrepreneurial ventures and explain how they relate to the typology of
entrepreneurship.
● Explore the similarities and differences between entrepreneurial ventures.

_______________________________________________________________________________________
LO2: Assess the impact of SME businesses on the UK economy.
________________________________________________________________________________
A Report to new employees, aimed to highlight the impact of Small Medium sized Enterprises (SME’s) on the
UK economy is required. You have been asked to develop a short report for the event.

● Using the information from government databases, collect, Interpret and assess relevant data and
statistics to illustrate how micro and small businesses impact on the economy.
● Explain the importance of small businesses and business start-ups to the growth of the social economy.
__________________________________________________________________________________
LO3 Determine and assess the key aspects of an entrepreneurial mindset
LO4 Examine the different environments that foster or hinder entrepreneurship
__________________________________________________________________________________
You are holding a conference where you have invited the people from different background who can be
potential entrepreneurs. They have thought of business ideas and have sufficient finance in place as well.
However, they require guidance on traits and skills they need to develop in order to be a successful
entrepreneur. You have need to write an article to be presented to them addressing the following areas.

● Determine the characteristic traits and skills of successful entrepreneurs that differentiate them from
other business managers.
● Assess how aspects of the entrepreneurial personality reflect entrepreneurial motivation and mindset.
● Critically examine different lines of argument relating to entrepreneurial characteristics such a self-
motivation, time management, creativity etc.
● Examine, using relevant examples, how background and experience can hinder or foster
entrepreneurship.
Nelson College London
 Nelson College London

Pass Merit Distinction

LO1 Explore and illustrate the range of venture types that might be considered entrepreneurial

P1 Examine different types of M1 Investigate a diverse D1 Critically examine the

entrepreneurial ventures and range of entrepreneurial scope, development and
explain how they relate to the ventures to demonstrate an growth of entrepreneurial
typology of entrepreneurship. understanding of ventures.
P2 Explore the similarities and entrepreneurship in both the
differences between public and corporate sector.
entrepreneurial ventures.

LO2 Assess the impact of small businesses on the economy

P3 Interpret and assess M2 Evaluate the differences D2 Critically examine how

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.
small, medium and large
businesses make to the
economy, applying relevant
data and statistics.
small businesses have an
impact on different levels of
the economy (local, regional,
national) and in an
international context.

LO3 Determine and assess the key aspects of an entrepreneurial mindset

P5 Determine the M3 Explore and examine D3 Analyse the characteristic

characteristic traits and skills different lines of argument traits, skills and motivational
of successful entrepreneurs relating to entrepreneurial drivers of successful
that differentiate them from characteristics. entrepreneurs, supported by
other business managers. specific examples.
P6 Assess how aspects of the
entrepreneurial personality
reflect entrepreneurial
motivation and mindset.

LO4 Examine the different environments that foster or hinder entrepreneurship

P7 Examine, using relevant
examples, how background
and experience can hinder
or foster entrepreneurship.
M4 Analyse the link between
entrepreneurial
characteristics and the
influence of personal
background and experience
to specific successful
entrepreneurs.
D4 Critically evaluate how
background and experience
influences entrepreneurs,
both positively and negatively,
by comparing and contrasting
examples.
 Nelson College London
SUBMISSION INSTRUCTIONS

● All the candidates undertaking Edexcel HNC/HND Diploma in Business must complete this
assignment.
● The word limit for this assignment is a maximum of 3000 words, excluding references
(Approximately 10 – 12 pages).
● Referencing should be provided in Harvard Style Referencing (both in-text and
bibliography).
● Header with the student’s ID number and full name as well as footer with the page
number should be present throughout the assignment.
● Comprehensive reading list can be found in the Unit Handbook (UHB).
● The assignment should be completed in Font Type: Times New Roman, Size 12 and 1.5
spacing between lines.
● The authenticity statement must be signed and dated by all students and presented to a
lecturer or a Student Support Adviser.
● All the students are required on include assignment cover sheet which is
available on VLE.

Appendix A: Plagiarism and Collusion:

Any act of plagiarism and collusion will be seriously dealt with according to the regulations. In
this context the definition and scope of plagiarism are presented below:

“Using the work of others without acknowledging source of information or inspiration, although
you may paraphrase, the result is still plagiarism” (Cortell, 2003). Please ensure you apply
in-text referencing within your assignment to support all information extracted from
any published work.

Collusion is when two or more people combine to produce a piece of work for an assessment
that is passed off as the work of one alone. For example, one student has copied the work of
another, or where a joint effort has taken place in producing what should have been an
individual effort.

Appendix B: Harvard Referencing System (HRS):

Any information that is not of your own needs to be referenced, plagiarising from someone
else’s work can be unintentional if you are unaware of the rules of acknowledging and
referencing direct quotations.

The Harvard system requires you to acknowledge certain information that is mainly the surname
and the year of publication within the text, for example:

According to Bell (1999) – as you write up your assignment you will use a citation to indicate in
your text the source of information provided.

The authors and publication information cited within the main body of your work must be listed
in the reference list (This will be at the end of your assignment) for example:

Bell, J. (1999) ‘Doing your research project’. (3rd Edition) Buckingham: Open University Press.

Detailed guidance on the Harvard Referencing System (HRS) will be made available on
Moodle (VLE).

Failure to submit on time will lead to penalisation (Capping of grades). Reasonable

consideration will be given, in the case of failure to submit the assignments by the deadline
 Nelson College London
period (exemption will be given to those being granted extenuating circumstances
provided they submit the relevant documents to support claim).