BTEC INTERNATIONAL ENTERPRISE AND ENTREPRENEURSHIP UNIT 33: ENTERPRISE AND ENTREPRENEURS Unit 33: Enterprise and Unit title Key to learning opportunities Entrepreneurs Guided learning hours 90 Number of lessons 45 Duration of lessons 2 hours AW Assignment RS Revision session writing GS Guest speaker V Visit IS Independent WE Work experience study Links to other units This unit links to all other units in the programme. Most specifically, however, this unit links to: Unit 34: Launch and Run an Enterprise Unit 35: Survival and Growth Unit 36: Social Enterprise Unit 37: Intrapreneurship and Innovation in an Enterprise Unit 39: Developing an Enterprise Strategy Pearson BTEC International Level 3 Qualifications in Enterprise and Entrepreneurship – Scheme of Work – Issue 2 – February 2020 © Pearson Education Limited 2020 1 BTEC INTERNATIONAL ENTERPRISE AND ENTREPRENEURSHIP UNIT 33: ENTERPRISE AND ENTREPRENEURS Lesson Topic Lesson Type 1 Introduction Suggested activities Tutor presentation: issue specifications to discuss the ● unit, the learning outcomes, the mode of assessment. Introduction to online resources: for example, ● ● Classroom resources Tutor presentation and notes Unit specification business podcasts and TED talks. PC or laptops with internet connection Small group activity: ask learners to work in small Small dry wipe boards for group activity groups to come up with examples of different enterprises that they have experienced and present their TED talks findings to the class. Learning aim A – Explore the nature of enterprise 2–3 A1: Enterprise and Lead in: recap the previous lesson and hold a question ● entrepreneurship and answer session to confirm learners’ understanding. Tutor presentation: introduction to enterprise and ● ● Enterprise is process of using creativity and ● aspirations Class discussion: learners should discuss enterprises PC or laptops with internet connection for This could lead to a discussion on the different types of customers’ needs and Small dry wipe boards for paired activity enterprises by name to create an ‘A to Z’ of enterprises. meet Whiteboard entrepreneurship. they know, local, national and international, identifying innovation to Tutor presentation and notes research Local business directories enterprise. ● Paired practical activity: using local directories, ask learners to identify local enterprises and what they provide. Classify the enterprises in the locality into goods and service providers and look for common Pearson BTEC International Level 3 Qualifications in Enterprise and Entrepreneurship – Scheme of Work – Issue 2 – February 2020 © Pearson Education Limited 2020 2 BTEC INTERNATIONAL ENTERPRISE AND ENTREPRENEURSHIP UNIT 33: ENTERPRISE AND ENTREPRENEURS features. Learners should present their research findings to the class. ● Individual activity: extend learning by asking learners to use the findings on local enterprises and write a report that compares features that are similar and different between these enterprises. This report should include: o what sort of enterprises operate in the area and why? o what makes them successful – is it their product or a service? ● o what is their market? o have they all filled gaps in the market? Plenary session: check learners’ understanding of the main points by asking them to write up notes and create a glossary of key terms. 4–5 A1: Enterprise and entrepreneurship and answer session to confirm learners’ understanding. ● ● Process of enterprise: identifying and addressing the risks facing an enterprise to increase the Lead in: recap the previous lesson and hold a question GS ● Tutor presentation: give an overview of the risks facing Tutor presentation and notes Whiteboard an enterprise. Resources required by guest speaker Guest speaker: enlist the help of visiting speaker(s), for Case studies example from local enterprises, to help explain enterprise and entrepreneurship. and its associated benefits and risks. If a guest speaker is not available, provide relevant case studies. Pearson BTEC International Level 3 Qualifications in Enterprise and Entrepreneurship – Scheme of Work – Issue 2 – February 2020 © Pearson Education Limited 2020 3 BTEC INTERNATIONAL ENTERPRISE AND ENTREPRENEURSHIP UNIT 33: ENTERPRISE AND ENTREPRENEURS likelihood of ● success Paired activity: ask learners to work in pairs to prepare a set of questions for the guest speaker(s) on risk. ● Class discussion: question and answer session with the speaker(s) using prepared questions. ● Group discussion: learners discuss findings from speaker(s). ● Written activity: learners research the risks to enterprise and entrepreneurship using a local enterprise of their choice as their case study. Learners should identify and consider: o strategic risks; for example, a competitor coming on to the market o compliance; for example, the introduction of new health and safety legislation o financial; for example, non-payment by a customer or increased interest charges on a business loan o operational; for example, the breakdown or theft of key equipment. This can be used for formative assessment. ● Plenary session: check learners’ understanding of the main points by asking them to write up notes and add to their glossary of key terms. 6–7 A1: Enterprise and entrepreneurship ● Lead in: recap the previous lesson and hold a question and answer session to confirm learners’ understanding. Whiteboard PC or laptops with internet connection for research Pearson BTEC International Level 3 Qualifications in Enterprise and Entrepreneurship – Scheme of Work – Issue 2 – February 2020 © Pearson Education Limited 2020 4 BTEC INTERNATIONAL ENTERPRISE AND ENTREPRENEURSHIP UNIT 33: ENTERPRISE AND ENTREPRENEURS ● Tutor presentation: on the capacity of entrepreneurs to organise and manage a new venture and anticipate risks and uncertainty. ● Group discussion: Who has the capacity for entrepreneurship? Who make better entrepreneurs – men or women? ● Paired practical activity: ask learners to prepare and deliver a short presentation using their research findings on enterprise and entrepreneurship in pairs, using slides and speaker notes to share their findings with the group. The slides and presentation should be of a professional standard. This can be used for formative assessment. ● Plenary session: check learners’ understanding of the main points by asking them to write up notes and add to their glossary of key terms. 8–9 A1: Enterprise and Lead in: recap the previous lesson and hold a question Tutor presentation and notes and answer session to confirm learners’ understanding. PC or laptops with internet connection for Tutor presentation: on types of enterprise and legal research enterprise formats, including start-up, lifestyle, social enterprise Quiz on legal structures and liability Legal formats and franchise and legal formats, covering sole trader, IS / V ● entrepreneurship ● Types of ● partnership, limited partnership, private limited for enterprise company and public limited company. ● Paired practical activity: learners carry out research to identify and classify enterprises in the locality by type www.clearlyso.com/what-is-asocial-enterprise-2 https://entrepreneurhandbook.co.uk/settin g-up-a-social-enterprise/ and legal form. Pearson BTEC International Level 3 Qualifications in Enterprise and Entrepreneurship – Scheme of Work – Issue 2 – February 2020 © Pearson Education Limited 2020 5 BTEC INTERNATIONAL ENTERPRISE AND ENTREPRENEURSHIP UNIT 33: ENTERPRISE AND ENTREPRENEURS ● Individual activity: extend learning by asking learners http://study.com/academy/topic/types-of- to write a short report on unlimited versus limited business-organizations.html liability: if you were starting a new enterprise, which would you choose, and why? ● Class activity: recap quiz on legal structures and liability. ● Small group activity: in small groups using knowledge gained, learners carry out secondary online research of larger enterprises through their websites, many of which have ‘about us’ pages, which contain a variety of useful information regarding activities, ownership and size. Groups could be allocated a type of enterprise. Each group prepares a fact sheet on at least two large enterprises to be shared with the class. ● Class activity: learners share and discuss their factsheets, and each learner writes a short report on one enterprise. ● Paired practical activity: knowledge could be enhanced by independent or accompanied primary research visits to different local enterprises. Learners could construct a set of questions, in pairs, to be taken to a business to find out more about its type and legal format. ● Plenary session: check learners’ understanding of the main points by asking them to write up notes and add to their glossary of key terms. Pearson BTEC International Level 3 Qualifications in Enterprise and Entrepreneurship – Scheme of Work – Issue 2 – February 2020 © Pearson Education Limited 2020 6 BTEC INTERNATIONAL ENTERPRISE AND ENTREPRENEURSHIP UNIT 33: ENTERPRISE AND ENTREPRENEURS 10–11 A2: Mindset of the IS ● entrepreneur ● Lead in: recap the previous lesson and hold a question http://businesscasestudies.co.uk/nfte- and answer session to confirm learners’ understanding. uk/the-importance-of-entrepreneurship- Tutor-led presentation: on the mindset of the in-small-businesses/#axzz3r0id5N6o entrepreneur. This could be supported by a guest www.entrepreneuronfire.com speaker, for example an entrepreneur from the local area. ● Individual activity: learners use the enterprises discussed in previous lessons to think about the mindset of the entrepreneur. Ask the learners to individually report on which entrepreneurial attributes they think make enterprises successful and why. ● Small group activity: ask learners to listen to podcasts made by entrepreneurs, such as those at Entrepreneur on Fire. ● Small group activity: extend learning by asking learners use their findings to discuss and list what they consider to be the three key ingredients for entrepreneurial success, with the result being a list of key ingredients. ● Individual activity: learners write a short report evaluating why the attributes and mindset of the entrepreneur are important to the success of an enterprise. This can be used for formative assessment. ● Plenary session: check learners’ understanding of the main points by asking them to write up notes and add to their glossary of key terms. Pearson BTEC International Level 3 Qualifications in Enterprise and Entrepreneurship – Scheme of Work – Issue 2 – February 2020 © Pearson Education Limited 2020 7 BTEC INTERNATIONAL ENTERPRISE AND ENTREPRENEURSHIP UNIT 33: ENTERPRISE AND ENTREPRENEURS Learning aim B – Investigate the motivations for entrepreneurship 12–13 B1: The role of V ● motivation when starting a new venture ● Lead in: recap the previous lesson and hold a question Tutor presentation and notes and answer session to confirm learners’ understanding. www.studential.com/enterprise/business- Teacher presentation: on the role of motivation when start-ups/why-start-a-business starting a new venture. ● Class discussion: ask learners to think about the reasons for starting a business. What are the common tipping points that motivated someone to become an entrepreneur, for example: o loss of job or dissatisfaction with current job o a chance business opportunity o changing family circumstance or life stage o advice or inspiration from an experienced friend, peer, colleague or advisor o realisation that the nature of desired work necessitates self-employment. ● Visit: Learners could visit a number of contrasting enterprises in the locality with a view to gathering insight in to why the entrepreneur decided to launch that venture. If a visit is not possible, learners could carry out internet research. ● Class discussion: learners share their findings from their research with the class. ● Small group discussions: using the previous discussions, small groups can become ‘experts’ on the Pearson BTEC International Level 3 Qualifications in Enterprise and Entrepreneurship – Scheme of Work – Issue 2 – February 2020 © Pearson Education Limited 2020 8 BTEC INTERNATIONAL ENTERPRISE AND ENTREPRENEURSHIP UNIT 33: ENTERPRISE AND ENTREPRENEURS motivations for entrepreneurship of local enterprises, for example: o autonomy and better work – seeking freedom, flexibility and better work opportunities o challenge and opportunity – seeking personal challenge, fulfilling a vision, opportunities to use existing skill(s) and enhance personal reputation/fame o financial motives - financial security, larger income and wealth or family o legacy – seeking to continue or create a family business. ● Groups can then be redistributed so each has an ‘expert’ who can then share their knowledge with their new group. ● Knowledge quiz: quiz learners to check their knowledge of the concepts taught by the group ‘experts’. ● Plenary session: check learners’ understanding of the main points by asking them to write up notes and add to their glossary of key terms. 14–15 B1: The role of IS/V ● motivation when starting a new venture ● Lead in: recap the previous lesson and hold a question PC or laptops with internet connection for and answer session to confirm learners’ understanding. research Individual activity: ask learners to choose a local Whiteboard enterprise to research the motivations for entrepreneurship. Using their findings and their previous Pearson BTEC International Level 3 Qualifications in Enterprise and Entrepreneurship – Scheme of Work – Issue 2 – February 2020 © Pearson Education Limited 2020 9 BTEC INTERNATIONAL ENTERPRISE AND ENTREPRENEURSHIP UNIT 33: ENTERPRISE AND ENTREPRENEURS research, learners write a short formal report on their findings. This could be followed by a class discussion. ● Class discussion: use the learners’ findings to lead a discussion on motivations for entrepreneurship with the class. Possible questions could include: o are the entrepreneurs’ original motivations for starting their business the same as their current motivations for running this business? o if motivations have changed, why has this happened? ● Plenary session: check learners’ understanding of the main points by asking them to write up notes and add to their glossary of key terms. 16–17 B2: Barriers to GS ● setting up a venture ● Lead in: recap the previous lesson and hold a question Tutor presentation and notes and answer session to confirm learners’ understanding. Whiteboard Tutor presentation: on the barriers to setting up a venture, including viability, cashflow, raising finance, lack Resources as required by guest speaker of skills and experience and of financial management, and the problems of keeping up to date and complying with regulations. ● Guest speaker: enlist the help of a visiting speaker, for example someone from a local enterprise to help explain barriers to enterprise. If this is not possible, learners should carry out independent internet research. ● Paired activity: ask learners to work in pairs to prepare a set of questions for the guest speaker. Pearson BTEC International Level 3 Qualifications in Enterprise and Entrepreneurship – Scheme of Work – Issue 2 – February 2020 © Pearson Education Limited 2020 10 BTEC INTERNATIONAL ENTERPRISE AND ENTREPRENEURSHIP UNIT 33: ENTERPRISE AND ENTREPRENEURS ● Class discussion: question and answer session with the speaker using prepared questions. ● Group discussion: learners should discuss findings from the session with the speaker. ● Paired activity: ask learners analyse their individual suitability to overcome the barriers of being an entrepreneur and discuss with their partner. Some possible discussion points are: o do they feel they have the ability to sell to others? o could they raise finance and manage cash flow? o do they have enough skills and experience? o could they keep up to date with, and comply with, regulations? This can be used for formative assessment. ● Plenary session: check learners’ understanding of the main points by asking them to write up notes and add to their glossary of key terms. 18–19 B3: Importance of ● enterprise to the economy ● ● Lead in: recap the previous lesson and hold a question Tutor presentation and notes and answer session to confirm learners’ understanding. Whiteboard Tutor presentation: introduce and discuss some Generating entrepreneurs who effect the economy in different ways economic for example: wealth by o increasing the national income Dean Kamen, who is trying to bring about social change through water purification systems PC or laptops with internet connection for research www.youtube.com/results?search_query=d ean+kamen Pearson BTEC International Level 3 Qualifications in Enterprise and Entrepreneurship – Scheme of Work – Issue 2 – February 2020 © Pearson Education Limited 2020 11 BTEC INTERNATIONAL ENTERPRISE AND ENTREPRENEURSHIP UNIT 33: ENTERPRISE AND ENTREPRENEURS ● Providing jobs ● Bringing about social change, o ● http://startups.co.uk/moonpig-founder- example through YO! Sushi, Yotel, YO! Home. nick-jenkins-on-naming-your-business- Small group activity: ask learners to discuss the creating the following statements on the importance of enterprise to solutions that the economy then place them in order of importance: can improve the standard of living for the o entrepreneurs pay taxes o entrepreneurs create businesses that hire o country expansion entrepreneurs create demand for products which in turn create jobs and other businesses Replacing older, o entrepreneurs bring about social change inefficient o entrepreneurs introduce new technologies to technologies the market with evolved, o advanced systems achieving-viral-growth-and-plans-for- people inhabitants of a ● Simon Woodruffe, who creates jobs, for entrepreneurs stimulate the economy by instilling confidence in people. ● Class discussion: ask learners to present their findings to the class. Which do they feel is the most/least important statement? Why? ● Plenary session: check learners’ understanding of the main points by asking them to write up notes and add to their glossary of key terms. Pearson BTEC International Level 3 Qualifications in Enterprise and Entrepreneurship – Scheme of Work – Issue 2 – February 2020 © Pearson Education Limited 2020 12 BTEC INTERNATIONAL ENTERPRISE AND ENTREPRENEURSHIP UNIT 33: ENTERPRISE AND ENTREPRENEURS 20–21 B1: The role of ● Individual activity: learners continue their research and motivation when write a report on the motivation of entrepreneurs for starting a new setting up their enterprises, and the importance to the venture local and UK economy. B3: Importance of This can be used for formative assessment. enterprise to the economy Distribute assignment brief for learning aims A and B. Learning aim C – Examine the opportunities and constraints for enterprises and entrepreneurs 22–23 C1: Sources of internal and external finance ● ● ● Lead in: introduction to learning aim C. Tutor presentation and notes ● Tutor presentation: explain the sources of internal and Whiteboard external finance available. Show clips from programmes PC or laptops with internet connection for Own funds / such as Dragons’ Den, Shark Tank or Lions’ Den to stakeholders illustrate equity funding. Give examples of small research Equity funding ventures that have used crowdfunding. www.deborahmeaden.com Paired activity: ask learners to research the availability www.cbc.ca/dragonsden/episode ● of funding for small and larger enterprises. ● Small group activity followed by a group discussion: learners decide on an enterprise that they could run, then discuss how they could raise finance. Ask learners to consider the following: o what sort of funding is available to small startup businesses? s www.ukbusinessangelsassociation.org.uk https://gogetfunding.com www.kickstarter.com www.zopa.com Pearson BTEC International Level 3 Qualifications in Enterprise and Entrepreneurship – Scheme of Work – Issue 2 – February 2020 © Pearson Education Limited 2020 13 BTEC INTERNATIONAL ENTERPRISE AND ENTREPRENEURSHIP UNIT 33: ENTERPRISE AND ENTREPRENEURS o o o how easy is it to raise funds from family and friends? http://eurocrowd.org/crowdfunding-bycountry/ are there financial advantages of having https://www.youtube.com/watch?v=HJhQT business partners? xTUIH0 will venture capitalists or business angels be interested in investment in this business? o do some finance options come with an element of risk? Why? are some options more advantageous than others? why? ● Individual activity: learners research possible sources of finance, then create a table to list the ‘pros’ and ‘cons’ of each source. ● Class discussion: ask learners to present their findings to the class. ● Individual activity: extend learning using case study materials, by asking learners to suggest the most appropriate source of finance for three contrasting start-ups. ● Plenary session: check learners’ understanding of the main points by asking them to write up notes and add to their glossary of key terms. 24–25 C1: Sources of internal and external finance ● Lead in: recap the previous lesson and hold a question Tutor presentation and notes and answer session to confirm learners’ understanding. PC or laptops with internet connection for research Pearson BTEC International Level 3 Qualifications in Enterprise and Entrepreneurship – Scheme of Work – Issue 2 – February 2020 © Pearson Education Limited 2020 14 BTEC INTERNATIONAL ENTERPRISE AND ENTREPRENEURSHIP UNIT 33: ENTERPRISE AND ENTREPRENEURS ● Government ● funding Tutor presentation: explain the concept of government funding for enterprises, including grants, allowances and start-up loans. ● Individual activity: learners research government websites to find out about government funding, and make notes. ● Class discussion: learners discuss government funding. Some possible points for discussion are: o how viable is it to expect to get finance from the government? o does this form of finance come with restrictions of any kind? ● Plenary session: check learners’ understanding of the main points by asking them to write up notes and add to their glossary of key terms. 26–27 C2: Government support ● ● Lead in: recap the previous lesson and hold a question PC or laptops with internet connection for and answer session to confirm learners’ understanding. research Small group activity: learners research in small groups www.lepnetwork.net/ and become ‘experts’ on the support available from the Large sheets of paper/paper tablecloth for UK Government for enterprises for example: o Enterprising libraries o Local Enterprise Partnerships (LEPs) o Enterprise Zones (EZs) each group to make notes Groups can then be redistributed so each has an ‘expert’ who can then share their knowledge with their new group. Pearson BTEC International Level 3 Qualifications in Enterprise and Entrepreneurship – Scheme of Work – Issue 2 – February 2020 © Pearson Education Limited 2020 15 BTEC INTERNATIONAL ENTERPRISE AND ENTREPRENEURSHIP UNIT 33: ENTERPRISE AND ENTREPRENEURS ● Extension activity: learners write a report that evaluates whether the Government provides enough support for enterprise. ● Plenary session: check learners’ understanding of the main points by asking them to write up notes and add to their glossary of key terms. 28–29 C3: Competition ● and competitive advantage Lead in: recap the previous lesson and hold a question and answer session to confirm learners’ understanding. ● Tutor presentation: explain the concept of competition and the competitive environment. ● Individual activity: learners investigate the current and possible future local, national and international Tutor presentation and notes Whiteboard https://www.tampabay.com/florida/2019/0 5/20/yes-there-are-still-people-playingpokemon-go-but-who-are-they/ competition for a chosen business. This could be followed by a class discussion. ● Tutor presentation: using topical case studies or online articles, explain what is meant by competitive advantage. ● Class discussion: Why is it important for an enterprise to gain competitive advantage? ● Individual activity: extend learning by asking learners to choose an enterprise to research, and prepare a short report that analyses how they have gained or lost their competitive advantage and the positive/negative affect this has had on the business. Pearson BTEC International Level 3 Qualifications in Enterprise and Entrepreneurship – Scheme of Work – Issue 2 – February 2020 © Pearson Education Limited 2020 16 BTEC INTERNATIONAL ENTERPRISE AND ENTREPRENEURSHIP UNIT 33: ENTERPRISE AND ENTREPRENEURS ● Plenary session: check learners’ understanding of the main points by asking them to write up notes and add to their glossary of key terms. 30–31 C4: External GS ● influences ● stakeholders ● customers ● shareholders ● community Lead in: recap the previous lesson and hold a question and answer session to confirm learners’ understanding. ● Tutor presentation: on external influences on an enterprise. ● Guest speaker: enlist the help of a visiting speaker, for example someone from a local enterprise to talk about Tutor presentation and notes Whiteboard http://businesscasestudies.co.uk/businesstheory/external-environment/the-externalenvironment.html#axzz3r0id5N6o how they are affected by external influences. If this is not possible, provide case studies that show the external influences on enterprise. ● Paired activity: ask learners to work in pairs to prepare a set of questions for the guest speaker. ● Class discussion: question and answer session with the speaker using prepared questions. ● Group discussion: learners discuss the influence they feel that ‘people’ i.e. stakeholders, customers, shareholders and the community have on an enterprise. 32–33 C4: External ● Plenary session: learners write up notes. ● Lead in: recap the previous lesson and hold a question influences ● political ● economic ● social and answer session to confirm learners’ understanding. ● Tutor presentation: on external influences and the use Tutor presentation and notes Whiteboard of PESTLE (political, economic, social, technological, Business case studies legal, environmental) analysis for businesses. http://pestleanalysis.com Pearson BTEC International Level 3 Qualifications in Enterprise and Entrepreneurship – Scheme of Work – Issue 2 – February 2020 © Pearson Education Limited 2020 17 BTEC INTERNATIONAL ENTERPRISE AND ENTREPRENEURSHIP UNIT 33: ENTERPRISE AND ENTREPRENEURS ● technological ● legal ● environmental ● ● Paired research: using websites, look at examples of https://www.mindtools.com/pages/article/ external influences on businesses. newTMC_09.htm Small group activity: using case study materials, learners carry out an analysis using PESTLE. Learners discuss their findings with the class. ● Individual activity: extend learning by asking learners to choose one local business, carry out a PESTLE analysis on it and submit their findings in a short report. ● Plenary session: check learners’ understanding of the main points by asking them to write up notes and add to their glossary of key terms. Learning aim D – Examine the entrepreneurial skills required to launch an enterprise 34–35 D1: Entrepreneurial ● skills ● ● Ability to think and answer session to confirm learners’ understanding. ● Individual activity: ask learners to research strategically entrepreneurial skills and show their understanding by Possess clear producing a visual representation of this, for example in communication the form of a mind map. and interpersonal skills to negotiate ● deal with stakeholders Deal with all aspects of running an Paired activity: ask learners analyse their individual entrepreneurial skills by preparing a skills audit and successfully and ● Lead in: recap the previous lesson and hold a question discuss this with their partner. ● Whiteboard PC or laptops with internet connection for research http://www.entrepreneur.com/article/2423 27 www.psychometrictest.org.uk/entrepreneur -test www.enterprisecatalyst.co.uk Formative assessment: ‘I’d make a great entrepreneur!’ Ask learners to prepare and give a presentation on why they think they would be successful in enterprise, then use these as the basis of a class discussion. Pearson BTEC International Level 3 Qualifications in Enterprise and Entrepreneurship – Scheme of Work – Issue 2 – February 2020 © Pearson Education Limited 2020 18 BTEC INTERNATIONAL ENTERPRISE AND ENTREPRENEURSHIP UNIT 33: ENTERPRISE AND ENTREPRENEURS enterprise, such ● Class discussion: local entrepreneurs could be invited as finance, legal to view the presentations and contribute to the aspects, discussion. marketing and ● production Plenary session: check learners’ understanding of the main points by asking them to write up notes and add to their glossary of key terms. 36–37 D2: Assess potential V ● enterprise opportunities ● Ability to identify viability of potential ideas ● ● ● ● opportunity Tutor presentation: on assessing potential enterprise Whiteboard Small group activity: ask learners to research the local secondary research could be carried out in a given radius. ● Class discussion: ask learners to discuss their findings on potential enterprise activities in the locality. Identify the barriers to the research area with a view to setting up an enterprise. Primary and and opportunity idea PC or laptops with internet connection for and answer session to confirm learners’ understanding. ideas. Consider the risk attached to each Lead in: recap the previous lesson and hold a question ● Individual activity: learners write a report analysing opportunities in the local area. This should include: o how and why do they think they could fill a need/gap in the market? o what would be the opportunities provided by the enterprise? o what would be the risks? o what barriers might there be? This can be used for formative assessment. Pearson BTEC International Level 3 Qualifications in Enterprise and Entrepreneurship – Scheme of Work – Issue 2 – February 2020 © Pearson Education Limited 2020 19 BTEC INTERNATIONAL ENTERPRISE AND ENTREPRENEURSHIP UNIT 33: ENTERPRISE AND ENTREPRENEURS ● Plenary session: check learners’ understanding of the main points by asking them to write up notes and add to their glossary of key terms. 38–39 D3: Develop the idea ● ● Define what the PC or laptops with internet connection for and answer session to confirm learners’ research understanding. enterprise will be and what its ● Lead in: recap the previous lesson and hold a question ● Small group activity: ask learners to work in a group function and to define an enterprise that they could operate, and purpose are prepare a short presentation clarifying: Identify target o the vision market and o the function and purpose competition o target market o competition. ● Group discussion: after each presentation, learners ask questions on the ideas presented and discuss these as a group. ● Plenary session: check learners’ understanding of the main points by asking them to write up notes and add to their glossary of key terms. 40–41 Lead in: recap the previous lesson and hold a question Tutor presentation and notes and answer session to confirm learners’ understanding. PC or laptops with internet connection for Tutor presentation: introduce the importance of research distinctiveness branding, showing the current top brands and will be achieved illustrating well-known brands such as Coca-Cola and http://blog.hubspot.com/blog/tabid/6307/ D3: Develop the idea ● ● Decide on brand and how ● GoPro. bid/34238/The-Marketer-s-Guide-toDeveloping-a-Strong-Brand-Identity.aspx Pearson BTEC International Level 3 Qualifications in Enterprise and Entrepreneurship – Scheme of Work – Issue 2 – February 2020 © Pearson Education Limited 2020 20 BTEC INTERNATIONAL ENTERPRISE AND ENTREPRENEURSHIP UNIT 33: ENTERPRISE AND ENTREPRENEURS ● Paired activity: ask learners to look at the positive effects of branding and report back to the group on how it affects a business of their choice. ● coca-cola-used-to-become-a-famous- Class activity: discuss the importance of branding to a brand-2015-6?r=US&IR=T business. You could look at examples of powerful www.cnbc.com/2019/03/14/tesco-fresh- brands, and where these have failed, for example leading retailer Tesco from the UK failing to succeed with its ‘Fresh & Easy’ stores in the US. ● http://uk.businessinsider.com/strategies- Small group activity: ask learners to research and easy-stores-failed-in-united-states-unitedkingdom-retailer.html www.forbes.com/powerful-brands discuss how they would brand their idea, then share their findings with the class. ● Plenary session: check learners’ understanding of the main points by asking them to write up notes and add to their glossary of key terms. 42–43 D3: Develop the idea ● ● Understand how Lead in: recap the previous lesson and hold a question Tutor presentation and notes and answer session to confirm learners’ understanding. PC or laptops with internet connection for to protect the ● Tutor presentation: introduce ways to protect an idea. research idea ● Paired activity: ask learners to research entrepreneurs www.thisismoney.co.uk/money/smallbusin who hold patents such as: ess/article-2363967/Sir-James-Dyson- o Sir James Dyson (Dyson) How-come-great-invention.html o Nick Woodman (GoPro) www.deborahmeaden.com/investment/gri o Jordan Daykin (Grip-It fixings) p-it-fixings o Elon Musk (Tesla) Pearson BTEC International Level 3 Qualifications in Enterprise and Entrepreneurship – Scheme of Work – Issue 2 – February 2020 © Pearson Education Limited 2020 21 BTEC INTERNATIONAL ENTERPRISE AND ENTREPRENEURSHIP UNIT 33: ENTERPRISE AND ENTREPRENEURS ● Class discussion: Why is it important to protect an idea, even if this costs money? Why would an entrepreneur allow others to use their patent? ● Individual activity: ask learners to research and write a short report on how they would protect a proposed idea, then share their findings with the class. ● Plenary session: check learners’ understanding of the main points by asking them to write up notes and add to their glossary of key terms. 44–45 D1: Entrepreneurial skills ● Formative assessment: learners write a report that evaluates the importance of understanding the opportunities and challenges, and the entrepreneurial skills required to launch an enterprise. ● Plenary session: check learners’ understanding of the main points by asking them to write up notes and add to their glossary of key terms. Distribute assignment brief for learning aims C and D. Pearson BTEC International Level 3 Qualifications in Enterprise and Entrepreneurship – Scheme of Work – Issue 2 – February 2020 © Pearson Education Limited 2020 22
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