Small Business Enterprise

Task1 Performance of a Small Business Enterprise

LO1 Be able to investigate the performance of a selected small business enterprise

Describe the nature and objectives of the Cambridge Satchel Company Ltd and conduct a comparative analysis of it operations using the data presented.

Q1.1 Produce a profile of a selected small business identifying its strengths and weaknesses

Q1.2 Carry out an analysis of the business using comparative measures of performance

Task 2 Change Management and Business Performance

LO2 Be able to propose changes to improve management and business performance

(a)   Identify and discuss how Cambridge Satchel Company Ltd managed its weaknesses and the methods deployed to reposition itself in the competitive environment.

(b)   Explain the measures put in place in taking advantage of the opportunities with specific reference to Personnel Management.

Q2.1 Recommend with justification, appropriate actions to overcome the identified weaknesses in the business

Q2.2 Recommend with justification, appropriate actions to overcome the identified weaknesses in the business

Q2.3 Recommend with justification, new areas in which the business could be expanded

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Task 3- Business Objectives, plans and changes

LO3 Be able to revise business objectives and plans to incorporate proposed changes

(a)   Evaluate the main objectives of Cambridge Satchel Company Ltd and discuss how they have been incorporate in their business plan.

(b)   What changes would you recommend to management to make on the basis of the above plan (s)?

Q3.1 Produces an assessment of existing business objectives and plans

Q3.2 Revise business plans to incorporate appropriate changes

Q3.3 Prepare an action plan to implement the changes

Task 4- Change Management and its impact

LO4 Be able to examine the impact of change management on the operations of the business

Describe the operational changes which have occurred within the Cambridge Satchel Company Ltd since formation (2008) and suggest how these might best be managed.

Explain how the change can be monitored and evaluated.

Q4.1 Report on the impact of the proposed changes on the business and its personnel

Q4.2 Plan how the changes will be managed in the business

Q4.3 Monitor improvements in the performance of the business over a given timescale.