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Get Unit 9 Entrepreneurship and Small Business Management

The Unit 9 Entrepreneurship and Small Business Management assignment in BTEC HND Business Management aims to provide students with an understanding of the role and importance of entrepreneurship and small business management in the contemporary business environment. The unit covers various topics, including the characteristics of successful entrepreneurs, the process of starting and growing a small business, the management of small businesses, and the challenges small businesses face.

By the end of the unit, students should be able to analyze and evaluate the factors that contribute to the success or failure of small businesses, develop an understanding of the tools and techniques used in small business management, and apply this knowledge to develop a small business plan. The unit aims to give students the knowledge and skills to start, manage, and grow a successful small business.

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Learning Outcomes for Unit 9 Entrepreneurship and Small Business Management Assignment in BTEC HND Business Management

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

In Unit 9 Entrepreneurship and Small Business Management, various types of ventures are considered entrepreneurial. These can be classified into four main categories:

Small Business Entrepreneurship: This type of entrepreneurship is focused on starting and operating a small business. This may include traditional small businesses such as restaurants, shops, or service businesses or more innovative businesses such as online stores or mobile applications.

Scalable Startup Entrepreneurship: This type of entrepreneurship is focused on creating a startup company that has the potential to grow rapidly and achieve significant scale. These startups often require significant investment and typically focus more on technology, such as software development or biotechnology.

Social Entrepreneurship: Social entrepreneurship involves creating a business that addresses a social or environmental issue. These businesses aim to create positive social impact while generating revenue and profits and may include non-profit organizations, social enterprises, or B corporations.

Corporate Entrepreneurship: This type involves creating new ventures within an existing company. These ventures may be focused on developing new products or services, entering new markets, or adapting to changes in the competitive landscape.

In addition to these categories, various other types of ventures may be considered entrepreneurial, such as franchise entrepreneurship, family business entrepreneurship, or serial entrepreneurship. The range of venture types considered entrepreneurial is broad and diverse, reflecting entrepreneurs’ varied interests and motivations.

LO2 Assess the impact of small businesses on the economy.

Small businesses play a significant economic role, and their impact can be assessed in various ways. Here are some of the ways in which small businesses contribute to the economy:

Job Creation: Small businesses are a significant source of employment, creating new jobs faster than larger companies. According to the Small Business Administration, small businesses created 1.5 million jobs in 2019.

Innovation: Small businesses are often at the forefront of innovation and are responsible for many of the new products and services that drive economic growth. Small businesses are typically more agile and able to adapt quickly to changes in the market, making them well-suited to developing and introducing new ideas.

Economic Growth: Small businesses contribute to economic growth by creating new markets, increasing competition, and driving productivity. They also help to diversify the economy and reduce dependence on a few large companies or industries.

Tax Revenue: Small businesses generate tax revenue for the government, which can be used to fund public services and infrastructure. According to the National Small Business Association, small businesses pay an average of 19.8% of federal taxes.

Local Communities: Small businesses play a critical role in local communities, providing essential goods and services and contributing to the overall quality of life. They also help to build social capital by creating networks and fostering a sense of community.

Small businesses significantly impact the economy, contributing to job creation, innovation, economic growth, tax revenue, and local communities. Their importance should not be overlooked, and policies that support small businesses can positively impact the economy as a whole.

LO3 Determine and assess the key aspects of an entrepreneurial mindset.

An entrepreneurial mindset is a set of successful entrepreneurs’ attitudes, behaviours, and skills. These include the following key aspects:

Risk-taking: Entrepreneurs are willing to take risks and embrace uncertainty. They understand that there is no guarantee of success and are willing to take calculated risks to achieve their goals.

Creativity: Entrepreneurs are creative and innovative, constantly looking for new solutions to problems and new opportunities in the market. They are not afraid to challenge conventional thinking and are willing to take a different approach.

Opportunity-seeking: Entrepreneurs are always on the lookout for new opportunities, whether it be in the market, technology, or social trends. They have a keen eye for identifying gaps and needs in the market and are quick to capitalize on them.

Adaptability: Entrepreneurs are adaptable and flexible, able to adjust their strategies and plans as circumstances change. They are not wedded to a specific approach or solution and are willing to pivot when necessary.

Persistence: Entrepreneurs are persistent and resilient, able to overcome setbacks and obstacles. They understand that success is not achieved overnight and are willing to put in the time and effort required to achieve their goals.

Self-confidence: Entrepreneurs are self-confident and believe in their ability to succeed. They are not discouraged by failure or criticism and are willing to take responsibility for their actions and decisions.

Networking: Entrepreneurs understand the importance of building networks and relationships within their industry and beyond. They are skilled at networking and are able to leverage their contacts to gain new opportunities and insights.

In summary, the key aspects of an entrepreneurial mindset include risk-taking, creativity, opportunity-seeking, adaptability, persistence, self-confidence, and networking. Developing these traits can help individuals succeed in entrepreneurship and business.

LO4 Examine the different environments that foster or hinder entrepreneurship.

Entrepreneurship can be fostered or hindered by various environmental factors. Here are some of the different environments that can impact entrepreneurship:

Cultural Environment: Cultural norms and values can play a significant role in fostering or hindering entrepreneurship. Cultures that value innovation, risk-taking, and entrepreneurship are more likely to foster an entrepreneurial environment.

Economic Environment: Economic factors, such as access to capital, tax policies, and regulations, can impact entrepreneurship. Access to funding and a favourable tax and regulatory environment can encourage entrepreneurship, while high taxes and burdensome regulations hinder it.

Education Environment: The education environment can impact entrepreneurship by providing individuals with the necessary skills and knowledge to succeed as entrepreneurs. Entrepreneurship education and training programs can help individuals develop the skills and knowledge needed to start and run a business.

Social Environment: The social environment, including family, friends, and peers, can impact entrepreneurship by providing support, encouragement, and access to resources. Social networks can also give entrepreneurs valuable contacts and connections to help them succeed.

Political Environment: The political environment can impact entrepreneurship through policies and regulations that affect the business environment. Policies promoting entrepreneurship, such as tax incentives and business-friendly regulations, can encourage entrepreneurship, while policies restricting it can hinder it.

Technological Environment: Technological advancements can impact entrepreneurship by creating new opportunities for innovation and business creation. Emerging technologies, such as artificial intelligence and blockchain, can create new market opportunities for entrepreneurs.

In summary, the environments that foster or hinder entrepreneurship are varied and complex and can impact entrepreneurship differently. By understanding the different environmental factors that impact entrepreneurship, policymakers and entrepreneurs can work together to create an environment that fosters entrepreneurship and supports business creation and growth.

P1 EXAMINE DIFFERENT TYPES OF ENTREPRENEURIAL VENTURES AND EXPLAIN HOW THEY RELATE TO THE TYPOLOGY OF ENTREPRENEURSHIP.

Entrepreneurial ventures can be classified into different types based on industry, innovation, growth potential, risk, and motivation. The typology of entrepreneurship helps us understand the different types of entrepreneurial ventures and their characteristics. The following are the different types of entrepreneurial ventures:

Small Business: A small business is typically owned and operated by one or a few individuals and has limited growth potential. It may be a local grocery store, salon, or restaurant. Small businesses are characterized by low levels of innovation and risk-taking and often serve a local or regional market.

Scalable Startup: Scalable startups are high-growth businesses with the potential to grow rapidly and become large companies. They are typically innovative, technology-driven ventures that seek to disrupt existing markets or create new ones. Examples include companies like Uber, Airbnb, and Dropbox.

Social Entrepreneurship: Social entrepreneurship involves using business principles to solve social or environmental problems. Social entrepreneurs aim to create sustainable solutions that address issues such as poverty, access to healthcare, and environmental sustainability. Examples include organizations like TOMS Shoes and Warby Parker.

Lifestyle Entrepreneurship: Lifestyle entrepreneurship refers to starting a business that allows the entrepreneur to maintain a desired lifestyle, such as flexibility or work-life balance. These ventures are often small and have limited growth potential, but they offer entrepreneurs the opportunity to pursue their passion and achieve personal fulfilment.

Buyout Entrepreneurship: Buyout entrepreneurship involves acquiring an existing business and taking over its management and operations. Buyout entrepreneurs seek to improve the business’s performance and profitability by implementing operations or management structure changes.

Serial Entrepreneurship: Serial entrepreneurs start multiple businesses over their careers. They are characterized by a high level of risk-taking and innovation, and they often seek to create disruptive businesses that challenge existing markets.

In summary, the typology of entrepreneurship helps us understand the different types of entrepreneurial ventures and their characteristics. Each type of entrepreneurial venture has unique features and requires different approaches and strategies for success. By understanding the typology of entrepreneurship, entrepreneurs can choose the type of venture that aligns with their goals, interests, and strengths.

P2 EXPLORE THE SIMILARITIES AND DIFFERENCES BETWEEN ENTREPRENEURIAL VENTURES.

Entrepreneurial ventures may share some similarities, but they also have significant differences that distinguish them. The following are some of the similarities and differences between entrepreneurial ventures:

Similarities:

Innovation: Entrepreneurial ventures are typically characterized by innovation. They seek to create new products, services, or business models that challenge existing markets or create new ones.

Risk-taking: Entrepreneurial ventures involve taking risks, such as investing in a new business or pursuing a new market opportunity. Entrepreneurs must be willing to take risks to achieve success.

Independence: Entrepreneurial ventures are often started by individuals who want to be their boss and have control over their careers and lives.

Passion: Entrepreneurs are often motivated by passion and a desire to make a difference in the world. They are driven by a sense of purpose and a desire to create something new.

Differences:

Industry: Entrepreneurial ventures can differ significantly based on the industry in which they operate. For example, a scalable startup in the technology industry will have different characteristics than a small business in the retail industry.

Growth potential: The growth potential of entrepreneurial ventures can vary widely. Scalable startups have high growth potential and may seek to become large companies, while small businesses may have limited growth potential and serve a local or regional market.

Funding: The amount and source of funding can vary between entrepreneurial ventures. Scalable startups often require significant investment from venture capitalists or angel investors, while small businesses may be funded through personal savings or loans from family and friends.

Motivation: Entrepreneurs may be motivated by different factors, such as a desire for financial gain, personal fulfilment, or social impact. For example, social entrepreneurs may be motivated by a desire to address a particular social or environmental issue.

Risk level: The level of risk associated with entrepreneurial ventures can vary. Buyout entrepreneurship involves less risk than starting a new business from scratch, while serial entrepreneurship involves a higher level of risk due to the need to start multiple businesses.

In summary, while entrepreneurial ventures share some similarities, they also have significant differences that distinguish them. Understanding the similarities and differences between entrepreneurial ventures can help entrepreneurs choose the type of venture that aligns with their goals, interests, and strengths.

P3 INTERPRET AND ASSESS RELEVANT DATA AND STATISTICS TO ILLUSTRATE HOW MICRO AND SMALL BUSINESSES IMPACT THE ECONOMY.

Micro and small businesses have a significant impact on the economy. According to the Small Business Administration (SBA), small businesses account for 99.9% of all businesses in the United States and employ over 47% of the private workforce. The following are some statistics that illustrate how micro and small businesses impact the economy:

Job creation: Small businesses are major job creators. According to the SBA, small businesses created 1.5 million new jobs in 2019. This job creation is essential for economic growth and reducing unemployment rates.

Innovation: Small businesses are often at the forefront of innovation. They develop new products, services, and business models that challenge existing markets and create new ones. This innovation drives economic growth and creates new opportunities for entrepreneurs and consumers.

Economic output: Small businesses contribute significantly to the country’s economic output. According to the SBA, small businesses generated $6.1 trillion in economic output in 2019, accounting for nearly 44% of the total private-sector output.

Exporting: Small businesses also significantly contribute to the country’s export market. In 2018, small businesses accounted for 33.7% of total U.S. export value, according to the U.S. International Trade Administration.

Local economies: Micro and small businesses are essential to local economies. They provide goods and services to local communities, create jobs, and support other local businesses.

In addition to these statistics, it is worth noting that micro and small businesses also face challenges that can impact their ability to contribute to the economy. These challenges include limited capital access, difficulty competing with larger businesses, and regulatory burdens.

In summary, micro and small businesses significantly impact the economy, contributing to job creation, innovation, economic output, exporting, and local economies. By understanding the impact of micro and small businesses, policymakers can develop policies and initiatives that support their growth and success.

P4 EXPLAIN THE IMPORTANCE OF SMALL BUSINESSES AND BUSINESS START-UPS TO THE GROWTH OF THE SOCIAL ECONOMY.

Small businesses and start-ups play a crucial role in the growth of the social economy. The social economy is a sector that focuses on social and environmental objectives rather than solely on profits. The following are some reasons why small businesses and business start-ups are essential to the growth of the social economy:

Job creation: Small businesses and business start-ups create jobs that contribute to the growth of the social economy. These businesses often have a local focus and provide employment opportunities for people in their communities.

Innovation: Small businesses and start-ups are often at the forefront of innovation in the social economy. They develop new products, services, and business models that address social and environmental challenges.

Community development: Small businesses and business start-ups can contribute to community development by providing goods and services that meet the needs of local communities. They can also support other local businesses and contribute to the local economy.

Social and environmental impact: Small businesses and business start-ups in the social economy focus on social and environmental impact rather than solely on profits. These businesses can contribute to the social and environmental well-being of their communities.

Diversity: Small businesses and business start-ups in the social economy often represent diverse communities and perspectives. This diversity can bring new ideas and approaches to social and environmental challenges.

In addition to these reasons, it is worth noting that small businesses and business start-ups in the social economy face unique challenges, such as limited access to funding and resources. However, these businesses can also access support from networks, organizations, and initiatives focused on promoting the growth of the social economy.

In summary, small businesses and business start-ups are essential to the growth of the social economy. They create jobs, drive innovation, contribute to community development, focus on social and environmental impact, and represent diverse perspectives. Policymakers and stakeholders can promote sustainable economic growth and social and environmental well-being by supporting small businesses and business start-ups in the social economy.

P5 DETERMINE THE CHARACTERISTIC TRAITS AND SKILLS OF SUCCESSFUL ENTREPRENEURS THAT DIFFERENTIATE THEM FROM OTHER BUSINESS MANAGERS.

Successful entrepreneurs possess unique character traits and skills that differentiate them from other business managers. The following are some of the most important traits and skills that successful entrepreneurs tend to exhibit:

Creativity: Successful entrepreneurs are often highly creative and can develop innovative solutions to complex problems. They are unafraid to think outside the box and take risks to achieve their goals.

Passion: Successful entrepreneurs are passionate about their businesses and are highly motivated to succeed. They are driven by a strong sense of purpose and are willing to work hard to achieve their goals.

Vision: Successful entrepreneurs clearly envision what they want to achieve with their businesses. They are able to set long-term goals and develop strategies to achieve them.

Flexibility: Successful entrepreneurs are highly adaptable and can respond quickly to changing market conditions. They are not afraid to pivot their business strategies when necessary to stay ahead of the competition.

Resilience: Successful entrepreneurs are resilient in the face of challenges and setbacks. They are able to bounce back from failure and learn from their mistakes.

Leadership: Successful entrepreneurs are natural leaders who can inspire and motivate their teams. They are able to communicate their vision effectively and delegate tasks to their employees.

Risk-taking: Successful entrepreneurs are willing to take calculated risks to achieve their goals. They are not afraid to make bold decisions and are able to manage risks effectively.

Financial acumen: Successful entrepreneurs have a strong understanding of finance and are able to manage their businesses’ finances effectively. They are able to make informed decisions about investments, cash flow, and revenue growth.

In summary, successful entrepreneurs possess unique character traits and skills that differentiate them from other business managers. These include creativity, passion, vision, flexibility, resilience, leadership, risk-taking, and financial acumen. By understanding these traits and skills, aspiring entrepreneurs can develop the qualities needed to succeed in the highly competitive business world.

P6 ASSESS HOW ASPECTS OF THE ENTREPRENEURIAL PERSONALITY REFLECT ENTREPRENEURIAL MOTIVATION AND MINDSET.

The entrepreneurial personality is characterized by certain traits that reflect the motivation and mindset of successful entrepreneurs. The following are some aspects of the entrepreneurial personality and how they reflect entrepreneurial motivation and mindset:

Risk-taking: Entrepreneurs are often willing to take risks to achieve their goals. This reflects their motivation to succeed and their willingness to take chances to achieve success. The entrepreneurial mindset values taking calculated risks, learning from failures, and adjusting courses when necessary.

Self-confidence: Entrepreneurs have high self-confidence in their abilities to achieve their goals. This reflects their motivation to succeed and belief that they can overcome challenges and obstacles. The entrepreneurial mindset values confidence in oneself and one’s abilities, which helps entrepreneurs to stay focused and persistent in the face of uncertainty.

Creativity: Entrepreneurs are often highly creative and innovative, which reflects their motivation to develop new products, services, or business models. The entrepreneurial mindset values creativity as a key driver of innovation and success.

Vision: Entrepreneurs have a clear vision of what they want to achieve with their businesses, reflecting their motivation to succeed and ability to see beyond the present to the future. The entrepreneurial mindset values a clear vision and a roadmap for achieving it.

Passion: Entrepreneurs are often highly passionate about their businesses, reflecting their motivation to succeed and willingness to work hard to achieve their goals. The entrepreneurial mindset values passion as a key driver of motivation and perseverance.

Adaptability: Entrepreneurs are often highly adaptable to changing circumstances, reflecting their motivation to succeed and ability to pivot their business strategies when necessary. The entrepreneurial mindset values adaptability and sees it as a key skill for surviving and thriving in a rapidly changing business environment.

In summary, aspects of the entrepreneurial personality reflect the motivation and mindset of successful entrepreneurs. These include risk-taking, self-confidence, creativity, vision, passion, and adaptability. By developing these traits and adopting an entrepreneurial mindset, individuals can increase their chances of success as entrepreneurs.

P7 EXAMINE, USING RELEVANT EXAMPLES, HOW BACKGROUND AND EXPERIENCE CAN HINDER OR FOSTER ENTREPRENEURSHIP.

Background and experience can play a significant role in hindering or fostering entrepreneurship. The following are some examples of how background and experience can impact an individual’s ability to become a successful entrepreneur:

Education: Individuals with a formal education in business or entrepreneurship may have an advantage in starting and running a successful business. For example, they may better understand financial management, marketing, and business planning. However, it is not a guarantee of success.

Work experience: Prior work experience can benefit entrepreneurs by providing them with valuable skills and knowledge that can be applied to their businesses. For example, an individual with experience in sales may be better equipped to sell their product or service to potential customers.

Family background: Family background can also impact an individual’s ability to become an entrepreneur. For example, individuals from families with a history of entrepreneurship may be more likely to start their businesses as they have seen them modelled and have a support system.

Cultural background: Cultural background can also influence an individual’s motivation to become an entrepreneur. For example, entrepreneurship is highly valued and encouraged in some cultures, while in others, it may be viewed as risky or unconventional.

Personal characteristics: Personal characteristics such as risk tolerance, motivation, and resilience can also impact an individual’s ability to become a successful entrepreneur. For example, an individual with a high tolerance for risk and a strong motivation to succeed may be more likely to take the necessary risks to start and grow a successful business.

Access to resources: Resources such as capital, networks, and mentors can also impact an individual’s ability to become a successful entrepreneur. For example, an individual with access to funding and support from experienced mentors may have a greater chance of success than someone without those resources.

In summary, background and experience can hinder or foster entrepreneurship. Education, work experience, family background, cultural background, personal characteristics, and access to resources can all impact an individual’s ability to become a successful entrepreneur. It is important to recognize and address these factors in order to create an environment that fosters entrepreneurship and supports the success of aspiring entrepreneurs.MeritDistinctionM1 Investigate a diverse range of entrepreneurial ventures to demonstrate an understanding of entrepreneurship in both the public and corporate sectors.D1 Critically examine the scope, development and growth of entrepreneurial ventures.M2 Evaluate the differences small, medium and large businesses make to the economy, applying relevant data and statistics.D2 Critically evaluate how small businesses have an impact on different levels of the economy (local, regional, national) and in an international context.M3 Explore different lines of argument relating to entrepreneurial characteristics.D3 Analyse the characteristic traits, skills and motivational drivers of successful entrepreneurs, supported by specific examples.M4 Analyse the link between entrepreneurial characteristics and the influence of personal background and experience on specific successful entrepreneurs.D4 Critically analyse how background and experience influence entrepreneurs, both positively and negatively, by comparing and contrasting examples.

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PATHWAY BRIEF - UNFAMILIAR

BTEC Assignment Brief Qualification BTEC Foundation Diploma in Art and Design

Unit number and title

Unit 4 – Information and Interpretation in Art and Design Unit 5 – Personal Experimental Studies in Art and Design Unit 6 – Extended Media Development in Art and Design e Learning aim(s) (For NQF only) QCF Assignment title RESPONDING TO THE UNFAMILIAR Assessor Viv Higgins Issue date 19/11/18 Hand in deadline 3/12/18

Vocational Scenario or Context Having completed and passed the Exploratory phase of the course, in which you focused on aspects of the research required to create of a body of work by considering starting work through ‘Responding through Media’, ‘Responding to Artists’ and ‘Responding to Place’ developing this into an exploratory, experimental body of work, you are now moving on to phase 2- the Pathway section. You will begin by choosing 2 of the briefs offered and producing work that helps you to explore your interests in a more personal way. There are options to choose art, design, film or photography as a Pathway that will guide you towards the eventual choices for next year. Within the work you will need to fulfil the assessment criteria for Units 4,5 and 6. Further details of requirements are outlined within each brief.

Artists generate ideas using a variety of approaches. For example, working directly with materials can provide the original stimulus for making work or a theme might provide a starting point. Studying the work of other artists can also be the motivation for new work.

This project requires you to explore a new way of gaining inspiration and generating ideas. You are encouraged to challenge any existing preconceptions you have about what you decide to make work about. Look upon the brief as an opportunity to test out new techniques, combine disciplines and rethink the approaches and skills you have.

You are required to identify and individually research new themes and ideas in order to develop a body of work and present a final outcome, or outcomes in your chosen specialist Pathway area.

Assessment of the project will be based on a display of your work in your studio space. Being able to contextualise your work alongside contemporary themes is encouraged by the vast majority of creative employers and universities.

You are encouraged to keep an open mind as to how different techniques and materials could influence your work.

Task 1

Initial Concept / Ideas / Research

You will begin by looking outside the discipline of Art to find your inspiration through experiencing the unfamiliar. The first part of this project is not about producing finished work, it is about immersing yourself, researching / discovering things you know little or nothing about and gathering some material to work with. The possibilities are endless.

Use at least 2 of the following methods to experience unfamiliar things. Record your experiences / research / ideas in your journal. 1. Research a subject you know nothing about. Choose from the list or find your own subject: Horses / Judaism / French culture / Astrophysics / Classical Architecture / Pagan rituals / Communism / Poetry Japanese cinema / Securities trading / Geriatric care The Cosmological argument / Greek tragedy / Punk / Tea dances / Scandals / Tree reproduction / Hurling / Audio cassettes / Antique dealing / Veganism / The Big Bang Theory / Japanese packaging design / Gender dysphoria 2. Visit a new environment. Choose from the list or find your own place: Southall / Highgate / Canvey Island / Tilbury docks Brixton / Primrose Hill / Billingsgate Fish market / A golf course / 3. Explore a museum. Choose one of the following or find your own: The Jewish museum - The Wellcome Collection - The Horniman Museum - The Huntarian Museum - John Soane Museum - Dennis severs House - The Geffrye Museum - Freud museum - Museum of brands packaging and advertising - Grants Museum - Sir John Soane’s Museum - The Foundling Museum - The Museum of London - Leighton House Museum - The Museum of Childhood http://www.telegraph.co.uk/travel/destinations/europe/united-kingdom/england/london/articles/londons-most-unusual-museums/ 4. Attend an event. Some ideas below or find one of your own: Attend a talk (check for free talks): https://interestingtalks.in/London/ Go to a free classical music concert (check for free lunchtime concerts) https://www.stmartin-in-the-fields.org/whats-on/ Watch a foreign or independent film: https://www.institut-francais.org.uk/cine-lumiere/whats-on/ https://www.ica.art/films 5. Try a new experience. Choose one of the following or think of your own idea: Take on the role of somebody else / Adopt a persona. Read a newspaper article Listen to a radio programme. https://www.bbc.co.uk/podcasts/radio4 Use this online resource: http://www.openculture.com/ Try a new practical activity. Learn how to……cook something, dismantle something etc. Form an opinion on an issue – produce a reasoned argument to back it up (research). Attend a religious ceremony / service etc. Meet somebody (be careful!) Ask somebody to teach you a new skill eg fishing. Attend a class in college, eg Politics, Geology, Spanish etc.

Checklist of evidence required Documentation of your investigations and discoveries from completing 2 of the above research tasks into the unfamiliar. This should be clearly recorded in your journal in appropriate forms – written / visual eg sketches, film clips, photographs etc.

Reflective comments on your research / experiences in journal. Criteria covered by this task: Unit/Criteria reference To achieve the criteria you must show that you are able to: Unit 4 P4 Use appropriate information to support the creative development of personal work. Unit 5 P5 Prioritise own work and meet deadlines

Task 2

Contextual Research, Material Experimentation and Idea Development Researching and referencing the work of artists should play a key part in helping you to develop your own ideas for this project. Research the work of at least 3 artists to help generate ideas for your work. These artists should connect in some way with your own work. This can be through ideas, techniques, materials / media they use or the subjects they explore. These are all artists that work with the idea of unfamiliarity. You might find these useful but you should also source your own artists. Nikki S Lee: https://www.vice.com/en_uk/article/kwgwdn/who-is-v8n9 James Bridle: https://thephotographersgallery.org.uk/whats-on/james-bridle-seamless-transitions CindySherman: https://www.moma.org/interactives/exhibitions/2012/cindysherman/ Martin Parr: https://www.martinparr.com/ Gillian Wearing: https://www.guggenheim.org/artwork/13779 https://www.youtube.com/watch?v=36WUgFMDY-M Pipilotti Rist: http://www.theguardian.com/artanddesign/video/2011/oct/05/artist-pipilotti-rist-eyeball-massage-video Louis Theroux: http://www.dailymotion.com/video/x27lyko_louis-theroux-s-weird-weekends-gangsta-rap_lifestyle

Research the work of your 3 chosen artists and record / respond to these in your journals. You should analyse their work and reflect upon how their ideas or use of materials / techniques influences your own idea development

Checklist of evidence required Documentation of research into relevant artists in journal to include analysis and personal response to artists’ work. Criteria covered by this task: Unit/Criteria reference To achieve the criteria you must show that you are able to: Unit 4 P1 Research historical, cultural and contemporary practice. Unit 4 P2 Review diverse approaches in contemporary practice.

Task 3

. Material Experimentation and Idea Development

Produce practical experiments in response to your findings / unfamiliar experiences. These responses can take any form depending on your chosen Pathway discipline eg Moving Image, Photography, Graphics, Print, Sculpture, Performance etc. Your creative experimentation should consist of at least 3 - 4 test pieces, ongoing experimentation and alternative solutions. The expectation is a full body of work that really reflects 2 weeks working full time on the project. Your findings, thoughts, creative processes and reflections on your own practice and influences should be recorded at every stage in your journal. Record your own work and places you visit to gather ideas. Record film work with stills or links to storage sites e.g. youtube. Collect items from locations if appropriate. Obtain feedback on your work regularly from tutors and attend the small group critiques as well as organising your own critiques with peers. Record this feedback and dialogue in your journals. . Jot down your thoughts / ideas as they come to you. Have your journal on you all the time. Continuously reflect on the work you produce and how this develops.

Your work should take influence from the artists you have studied in task 2 and you should articulate these links clearly in your journal.

As your work progresses, you should do further research into relevant artists and sources to support the development of your ideas and use of materials / processes.

Checklist of evidence required Journals A body of work that includes items such as maquettes, test pieces, models, samples etc…that reflects the range of media, processes and techniques you have been interested in.

Criteria covered by this task: Unit/Criteria reference To achieve the criteria you must show that you are able to: Unit 4 P3 Make reference to historical, cultural and contemporary practice when developing own work. Unit 4 P4 Use appropriate information to support the creative development of personal work. Unit 4 P5 Produce targeted research in the development of personal work.

Unit 5 P1 Unit 5 P2 Unit 5 P4 Unit 6 P1 Unit 6 P2 Unit 6 P4 Unit 6 P5

Explore materials, processes and techniques safely. Record experimental outcomes. Research materials, techniques and processes. Research and select appropriate media. Utilise selected media development of own work. Use selected media to explore and express a creative intention Use an extended range of media, techniques and processes safely

Task 4

Produce and Present Final Outcome(s) Professionally.

Present a final outcome in a display environment and give a short presentation to the group. Consider all relevant installation, framing, mounting and hanging techniques.

Prepare a short script to accompany a short presentation to your peers. Rehearse your presentation, correcting timings and grammar. You could record your presentation in advance or have it displayed in a video or power point should you feel this is appropriate.

Evaluate and reflect upon your work regularly as you progress through the stages of development and also at the end of the project.

Checklist of evidence required A body of work that includes items such as maquettes, test pieces, models, samples etc…that reflects the range of media, processes and techniques you have been interested in.

Work appropriately displayed and documented in an exhibition environment

Presentation observed by tutor. Criteria covered by this task: Unit/Criteria reference To achieve the criteria you must show that you are able to: Unit 5 P3 Evaluate creative intentions Unit 6 P3 Produce outcomes which confirm and extend own ideas. Unit 6 P6 Use media, techniques and processes to a professional level Unit 6 P7 Analyse and reflect on progress of ideas, experimental work and technical processes.

Sources of information to support you with this Assignment Relevant websites to begin your research https://www.lensculture.com/ http://thephotographersgallery.org.uk/ http://flavorwire.com/399191/50-great-works-of-video-art-that-you-can-watch-online/view-all http://www.bbc.co.uk/iplayer/episode/b06pyw3w/storyville-20152016-8-orion-the-man-who-would-be-king http://www.timeout.com/london/art/top-10-photography-exhibitions-in-london http://www.timeout.com/london/art http://thephotographersgallery.org.uk/ http://www.theguardian.com/artanddesign/exhibition (not all in London but still useful for artists).

Other assessment materials attached to this Assignment Brief Pathway stage criteria marksheet.

Notes

Tips on researching

Good use of Primary and secondary research are vital in this stage. Explore a range of ideas before you pursue one in particular.

Research and collect imagery from as many sources as possible, books, newspapers, magazines, television, podcasts, internet, exhibitions visits in order to get your ideas going. Don’t accept or agree with all that you read, try to form a broad ‘overall’ view

Record initial ideas by sketching, taking photos – document everything!

Record / bookmark / save to favourites websites you visit.

Photocopy sections of articles and keep an ongoing bibliography of books / periodicals you have looked at in a word document.

Use your studio wall and sketchbook to display this research.

Use other people are a resource! Discussing your research and ideas with peers, family, friends and tutors may help you to develop ideas or point you towards other resources.

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Internet E-Business Merit

WhatsApp: +61-422447123,+44-7551749054,Call Us:+31-625-218-885,+61-451-442-632https://www.cheapassignmenthelp.co.ukInternet E-Business Merit

Internet E-Business Merit merit copy is based on the internet and e-business concepts, principles, and terminologies. There are in all 4 Tasks in the assignment. Task 1 would discuss on the environment in which e-business is conducted, benefits and barriers for the business online presence, security and legislative issues that persist in A2Z Cosmetics. Task 2 will study on the main features of HTML, uses of intranets and extranets, functions of servers, clients and browsers. Task 3 would be analysing the different e-business models that are being used for the generation of the revenues, various challenges and benefits that exist with any of the two models and future developments of e-business models. Task 4 would be discussing on the key elements of good website design structure, impact that well designed websites would have on the e-business and issues that are related with website usability. The tasks would all be answered covering the case study of A2Z Cosmetics Company.

Also read:- Working Leading People Merit

Task 1

This task would be discussing on the environment that exists while conducting e-business and the kind of business transactions that are involved. Online business has its benefits and the barriers that are linked with it. These would be discussed in detail. An assessment of the security and the legislative issues in the online business would also be done. The questions would be answered on the basis of the case study of A2Z Cosmetics.

A. Discuss the environment in which e-business is conducted and describe various e-business transactions types

E-Business refers to a process in which the business is carried out electronically. The exchange of the goods, products, services and the revenues are generated online only. This kind of business requires the environment to be created in terms of the transactions and the facilitations that should be done. This environment helps in carrying of the workflow and its transfer from one place and unit to another one.

on of the business as online presence will enable fast response.

The barriers associated are:

Online presence will force the clients and customers to get immediate and instant response. This will keep people not get free for their personal lives.

In case systems and networks are down then surely the business processes would be delayed.

Internet and e-business will involve a lot of investment and expenditure. This has running cost also associated with it as it has to be updated and audited on regular intervals (Norris et al, 2000).

The information in internet can be leaked and would result even in cybercrimes.

C. Assess the security and legislative issues facing the online business of A2Z cosmetics

A2Z is a newly formed company in cosmetics. It has to compete with the other competitors in the market in this business only. It should develop robust IT network and e-business solutions so that the business transactions are speedy, faster and smoother in their approach. It has to at the same time take care of the security and the legislative settings so that the information that is exchanged in the process is not leaked into the environment. It has to use security based tools, applications and the equipment that will enable the transactions to carry out smoothly. The data that is log in should pass via safe and secure network and settings. There should be firewalls and use of safe and secure mechanisms that will enable data security.

The data loss happens due to data and network security issues accounts for more than 37.5 %. This could be avoided in case A2Z will take up necessary licenses and the security settings. The software that is to be used has to be passing through secure and safe network settings. They need to use such software and passwords so that no break of the security and safety norms to be there. Above all as per the IT policy of the government necessary licenses and certifications should be taken that will enable them to carry out their business properly. The company has to even take care of the settings of encryptions and decryptions for the data transferred from one place to another. The licenses and certifications that are mandatory should be taken at the right time so that the processes are streamlined. The risks could be reduced by abiding the regulation, rules and taking necessary certifications.

D. State different modes of communication available to an e-business and their applications

E-Business like any other business is also enabled with certain important modes of the communication. These communication process are in terms of the Internal Communication and the External Communication. These are further divided into Horizontal and Vertical Communication. Vertical is said to be above in the hierarchy and Horizontal would be at the same level. All these transactions and information sent in the form or the emails, video conferences and the networking sites.

Internet E-Business Merit

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Task 2

A2Z Cosmetics has been a newly formed company that requires a robust arrangement and IT settings that will help in the transfer and sharing of the data privately and securely. This task will discuss on the internet technologies and their applications, the features of HTML that the company may use in their day-today operations and the functions of servers and the browsers in the IT Settings.

A. Explain relevant internet technologies and their importance in making an e-business successful

E-business has been moving faster when enabled and equipped with the latest Internet technologies, tools and applications. These applications are facilitating all kinds of business processes. The modes of communication are referring to the technologies like: Routing, Proxy Server, Hosting, Search Engines, Online Shopping, Protocols, Embedded Technologies, and email settings for sending the business information from one place and person to another place and person. These technologies are equipped with the applications that are accompanied with that of the operational use. E-Commerce and E-Business is supported and facilitated with these tools and applications. Other is IP Addressing, Packet Switching, DNS, FTP and TCP/IP.

B. Explain the main features of HTML

HTML has been quite significant in the internet world. It helps in connecting the remotely sitting people also together in the business. The major features of HTML are:

It has paragraphs, bullets, numbers and the titles. The content is easily and clearly defined.

It has a separate referencing style of presenting the data. The style has to be taken care of (Amor, 2000).

It is user friendly and easy to understand.

It is said to operate via Common User Interface.

Many forms and styles could be created in the HTML format.

Different kinds of web pages and formats that may create designs and create an impact could be created through the use of HTML.

C. Analyse the functions of client servers and browsers, and also discuss the role of search engines and its application on A2Z Cosmetics

Client-Server is an arrangement of the master and the slave. It is a setting in the network wherein the Server is the master which has all tools, applications and software fed in it. The client will take up necessary data from the server and depend on its features in order to operate. A2Z should develop the serve client approach wherein it will put all essential and important functions and operations in the server and time to time requirement the applications could be taken from the server. This helps in the process of keeping security and safety in the network and the IT Applications. This helps in increasing the speed at server as well as clients end as the volume is not fully there in server as well as the client.

Browsers refer to a search engines that will help in searching or finding out the details on a subject that is mentioned on the screen of the browser. There are many kinds browsers that are available in the market and their applications are based on the kind of their usage by the client and the customers. The mostly used browser is GOOGLE. This is due to the reason as it has a vast data that is giving a lot of competition to other browsers. The website of Flipchart is based on the Client Server Model. This approach helps to get the online shopping done with a wide range of features and facilities. These could be used by A2Z as well. Above all Google is the biggest search engine that exists in the entire web network that is used for e-commerce and the e-business applications and approaches.

D. Evaluate the use of intranets and extranets within business communication

Intranet refers to the internal internet for any company or a specific network. This internal network will provide only the company related data and the information. This intranet helps in keeping the internal employees of the company connected all ways and at all times. Intranet of A2Z will help in connection of its employees sharing data, information, facts and the figures of the company. These could be business information or the employee related information and the data. The major benefits are: it connects people, it enables speedy network and data transfer and it even helps in the sharing of the tool and applications internally within the organization. It can also be referred as local area connection that uses the technology which is secured and has firewall and various safety features linked with it.

Extranet is the internet that is used among the clients, customers, and associates that are externally linked with the company. There is a use of TCP/IP protocol in order to work for the extranet for A2Z. This could also be private and supported with the help of Virtual Private Network. The online shopping websites are using the extranets with their associates and the clients so that they could share the data and information with each other. Intranet could be used to communicate internal company policies and practices with the employees and internal stakeholders. A2Z has to define the kind of network and processes as per the networking process.

Read About Aspects Contract Law Negligence in Business

Task 3

A. Compare and contrast two models by assessing the benefits and challenges. Analyse each model in terms of its capacity to generate revenue

The two business models chosen are: B2B and B2C. The comparison has been shown in the table given below:

Salient FeaturesB2BB2C

Model TypeBusiness to BusinessBusiness to Customer

ExampleA2Z selling to XYZ CoA2Z selling to online customers.

PricingIt is different as will involve various business implications. These are high ticket purchases.It is competitive pricing with that of the other retailers and companies with similar business model.

Purchase decisionIt is driven by the budget and need of the business.It is based on the customer needs, low and best rates that the company is offering.

Brand ValueIt is developed by professional relationshipsIt is formed by the pricing and various other features.

B2B is generating a higher revenue level and the business and even the profitability is quite high. On the other hand B2C will have lesser margins, business revenues and the profitability ratios.

B. Report on future developments in e-business models

E-business models are helpful as the step by step and the standards are taken forward accordingly. These models are standardized approaches in carrying out the business. The future of these models is very strong as almost all the clients, customers and the people are busy and they would like to do online transactions rather than going physically and visiting the stores for the business decision making or the purchasing. All the people would like to go for the online purchases and the buying processes. There are various online business tools available like Pay-Pal, Paytm etc.

Task 4

This task would discuss on the elements of the good website design and its impact on the business in the longer run. It will also analyse the issues that may arise in the web usability.

A. Use the key elements of good web design structure.

A website determines the kind of revenues, business and profitability that is generated. When a website is properly designed, the clients and customers find it easy to access and search the portal. He can accordingly make right decision and purchase decision making. A web site should have the following key elements for a good structure:

Optimize Search Engine - It should have proper search and navigation tools and approaches. They should have search data and matching coding done well from the backend to support the front end as well (Castells, 2001).

The combination and colouring styles should be effective to mark a positive and everlasting impression. There should be well mixed graphics in order to make the website look good and appealing.

All the functions, products and their differentiation should be clearly defined and carried out. This will also include the description of simple and clear content and context.

Website Usability – This should not be affected by the complex functions and features that are used on the websites. The tabs, clicks and buttons should be very easily and functionally designed and used.

A2Z should design such a website that is simple and easy to operate. This website should be able to compete with its simple functionality and features with the websites of the competitors (Malhotra, 2000).

B. Evaluate the impact of a well-designed website on an e-business

Well Designed website is helpful for the e-business in the following ways:

IT helps in increasing the clientele and the customer base for the company.

It helps in generating more business revenues and the profitability for the company.

It enhances the customer loyalty and the participation online.

IT creates a lot of competition and leadership style for the company which has simple and comprehensive website.

It enforces a standard and image of the products and the services that the online business will portray to its customers.

A2Z should design its company website with all the features and functionality so that it could attract maximum number of clients and customers. This will increase the business of the company whether the business to customer or the other models.

C. Report on the issues concerning website usability.

Websites should be designed in the approach that they have a quick, speedy and easy functionality. This will help in increasing the business revenues and profitability of the business. There much kind of issues that may arise with the website usability:

A lot of content, advertisements and pictures on the website can make the readability very difficult. This will make the decision making also a complex process.

The coordination and synchronization if not there for the pictures, content and the business update on the website then it would create a mess making a bad image of the company.

The anchoring of the pages could also be an issue.

There should be proper placing of the tabs, options and the page signatures.

The searching and browser options should be clearly available and opened to the customers.

Navigation and browser options should be linked with the backend process of the data and content linked with it.

The colour, formats and size of the website content should be clearly represented.

All these are said to be the major ones that are arising on the website fronts. It is always essential that these issues are taken care of in case the website is being designed and made for a new company like A2Z. It will all depend on the kind of website that these issues could be avoided and ignored for better and successful business transactions online.

Conclusion

Internet and E-Business facilities are helping people in taking out time from their busy schedules in getting their needs fulfilled by the online process. IT has become the trend of the day. A2Z can get into both B2B and B2C business models and get the business transactions for their products and services sold to the clients and the customers of all kinds. Website needs to be developed with such an approach that it fulfils the requirements of the customers and has right combination of the colours, fonts and the styles. Website when strong and has all the tools, features and functionalities then surely it will help in generating more business and revenues for the company.The technologies that are employed should be benchmarked with that of the industry standards and the navigation tools so that they are beneficial for gaining more business and revenues. These technologies will decide on the kind of investments that the company has to do in order to carry out more business. The issues that may arise in the web usability have to be taken care of so that the website designed is meeting the business standards. The features of a good website have been discussed in the assignment that may help the company is making the best site which is accessed by many clients and customers.

A2Z has to develop two separate networks for Intranets and Extranets. These are based on the business specific needs and then to make the people get in touch with each other. These networks have to be planned as per the needs, budget and the strategy that the company is following. This will help in aligning the business goals and objectives with that of the network and IT related needs (Amit & Zott, 2001) In the nutshell it could be said that business needs will decide on the e-business model and the approach that has to be followed and taken forward.

References

Amit, R., & Zott, C. (2001). Value creation in e?business. Strategic management journal, 22(6?7), 493-520. Amor, D. (2000). The e-business (r) evolution: living and working in an interconnected world (p. 27). Upper Saddle River, NJ: Prentice Hall PTR. Castells, M. (2001). The Internet galaxy: Reflections on the Internet, business, and society. Oxford University Press, Inc. Dubosson?Torbay, M., Osterwalder, A., & Pigneur, Y. (2002). E?business model design, classification, and measurements. Thunderbird International Business Review, 44(1), 5-23. Liao, Z., & Cheung, M. T. (2001). Internet-based e-shopping and consumer attitudes: an empirical study. Information & Management, 38(5), 299-306. Mahadevan, B. (2000). Business models for Internet-based e-commerce.California management review, 42(4), 55-69. Malhotra, Y. (2000). Knowledge management for e-business performance: advancing information strategy to “internet time”. Information Strategy: The Executive's Journal, 16(4), 5-16. Norris, G., Balls, J. D., & Hartley, K. M. (2000). E-business and ERP: Transforming the Enterprise. John Wiley & Sons, Inc.

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