BCO314 Small Business Management

BCO314 Small Business Management

COURSE CODE BCO314 COURSE NAME Small Business Management Final Task brief & rubrics

Task

  • This is an individual task, requiring you to address both questions in a clear manner, giving supporting, relevant examples wherever possible.
  • Answer all questions. The questions are equally weighted
  • The task focuses on areas studied to date, requiring you to show knowledge and application in the parts stated.

You should upload a single, correctly formatted document which may also include any relevant tables and diagrams

  1. List, explain and evaluate the most common forms of legal structures for a Small Business. You should stress the importance for a small business to choose the appropriate legal structure.
  2. Explain and evaluate the implications of IP, patents and contracts for a Small Business,
  3. List, explain and evaluate the main funding options for a Small Business, including advantages and disadvantages of selecting those options. Include linkages to business structure
  4. Describe and explain the role and importance of family business

Formalities:

  • Wordcount: 1400-2000 (350-500 per question)
  • Cover, Table of Contents, References and Appendix are excluded from the total wordcount.
  • Font: Arial 12,5 pts.
  • Harvard style in-text citations and bibliography

Weight: This task is a 60% of your total grade for this subject.

It assesses the following learning outcomes: Students will be able to

  • Distinguish the characteristics, competences and contributions of small businesses, as well as their challenges.
  • Explain key components of the strategic management of growth to small business contexts.
  • Critically assess and apply suitable marketing and financing strategies to small businesses.
  • Conduct a small business using the strategic elements.

Rubrics: It is understood that the rubrics apply to Small Business Management knowledge, application and evaluation at this level of study

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