Head of Department:	Mr R Perry
Specification:	Pearson
Qualification:	BTEC Level 1/2 Technical Award in Enterprise

PROGRAMME OF STUDY

If you are looking for a career in business and want to develop skills and understanding that are directly relevant to the business world, then this qualification is for you. The BTEC Technical Award in Enterprise has been designed to accredit a candidate’s achievement in a modern and practical way. The course will help build the skills, knowledge and understanding of enterprises that are needed to continue studying and to start work. You will have the opportunity to explore what it means to set up and run an enterprise, as well as develop key skills and gain an insight into the sector. The skills and experience you will gain are vital to succeed in the business environment, thereby enhancing your employability within the business sector.

HOW IS THE COURSE STRUCTURED & ASSESSED?

The qualification consists of three components that gives you the opportunity to explore what it means to set up and run a business enterprise, as well as develop key skills and gain an insight into the business sector. 

Components 1 & 2 are internally assessed. These are set by Pearson, marked by the centre and moderated by Pearson. The set assignments for both components have to be completed in supervised conditions in a timetabled assessment window. 

Component 3 is an exam unit that is set and marked by Pearson, completed under supervised conditions timetabled by the board. 

In order to be awarded a qualification, a learner must complete and achieve an outcome for all three components. The overall grade is a direct aggregation of performance across individual components, with each component weighted according to the GLH.

Component 1: Exploring Enterprises (Internally assessed worth 30%)

Learners will explore different enterprises to develop their knowledge and understanding of the characteristics of enterprises and the skills needed by entrepreneurs to be successful. Learners will explore how enterprises use market research to find out about their customer needs and competitor behaviour and how internal and external factors may affect enterprises.

Component 2: Planning and Presenting a Micro-Enterprise Activity (Internally assessed worth 30%)

If you are going to succeed as an entrepreneur, you need to have great ideas and plan how you are going to put them into practice. Any enterprise needs to plan how it will succeed through working out how it can harness physical, financial and human resources – which means the skills that you and others bring.

For this component, learners will generate two realistic ideas for a micro-enterprise and choose one of these to plan within budget. They will individually present their business plan for their idea and review the production and delivery of their presentation to make recommendations for improvements.

Component 3: Marketing and Finance for Enterprise (external assessment worth 40%)

In this component you will consider how small and medium-sized enterprises (SMEs) use marketing and finance. You will look at the different elements of the marketing mix in order to be able to identify target markets, make marketing decisions and put forward marketing suggestions for enterprises to use to increase their success in the future. You will analyse financial information in context, complete and use financial documents and financial statements. You will consider different payment methods. You will investigate profitability and liquidity and its effects on a given enterprise using ratios (the formulae will be provided). You will consider the importance of financial planning and forecasting for an enterprise, make financial decisions and recommend suggestions for improvements.

WHAT CAN THESE QUALIFICATIONS LEAD TO?

Successful completion of this course will help you progress to Level 3 vocational and academic qualifications. You may wish to continue studying Business Studies in Sixth Form where we offer the BTEC Level 3 Business course. This is the equivalent to one A Level and will further develop and extend knowledge from previous units. You will also have the opportunity to take on and study new topics within units. On successful completion of the BTEC Level 3 in Business, you are then eligible to apply to university to continue your studies or vocations.

The course will also help build your skills, knowledge and understanding of businesses needed to enter the world of work in fields such as: Supervisory or Management Trainee in areas such as retail management, marketing, fashion, customer service, accounting, tourism, hospitality, public relations, international business, operations management and human resources.