BUS504 Assignment Brief
| Qualification | QUALIFI Level 5 Diploma in Business Management (601/6049/4) |
|---|---|
| Unit Code | BUS504 |
| Unit Title | Business Models and Growing Organisations |
| Unit Reference | H/507/1615 |
| Credits | 20 |
| TQT | 200 |
| GLH | 80 |
Assignment Aim
To introduce the concept of working for and managing creatively within a smaller growth organisation.
This unit examines how the small business grows, reasons for success and how best to manage available growth options. This will give the learner a greater understanding of fast growth organisations in both private and social sectors of the economy.
Learners will develop skills to support their ability to understand business strategy and development with an emphasis on business growth.
Learning Outcomes and Assignment Criteria
| Learning Outcomes When awarded credit for this unit, a learner will: | Assessment Criteria Assessment of this learning outcome will require a learner to demonstrate that they can: |
| 1. Examine growth options and the resource implications on organisation structures and operations. | 1.1 Illustrate the differences between strategy and a plan. 1.2 Provide ideas and examples of different approaches to delivering business growth. 1.3 Analyse the impact and resource requirements likely for growth strategies in a range of organisations. |
| 2. Develop an appreciation of different business models and how performance | 2.1 Analyse different business models and their revenue streams. |
| and success of ventures may be evaluated. | 2.2 Identify and recommend ways in which business performance can be measured and new ventures evaluated. 2.3 Provide examples of innovation in businesses and comment on their success. |
| 3. Evaluate environmental scanning and how growth options may be analysed. | 3.1 Use environmental scanning as a tool to identify business opportunities. 3.2. Analyse businesses that have successfully used environmental scanning. 3.3 Provide examples of strategic fit in determining growth options. |
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