This element develops essential enterprising skills through the cycle of planning, carrying out, and reviewing a simple enterprise activity. Learners will
Topic Synopsis
This element develops essential enterprising skills through the cycle of planning, carrying out, and reviewing a simple enterprise activity. Learners will demonstrate their ability to prepare for a small-scale business or project, work as part of a team to execute it, and reflect on successes and areas for growth. The practical experience builds confidence, teamwork, and evaluation skills vital for future employment.
Key Concepts & Core Principles
- Enterprise and enterprising behaviour: Understanding what it means to be enterprising, including taking initiative, being creative, and solving problems.
- Idea generation: Techniques for coming up with business ideas, such as brainstorming, mind mapping, and identifying gaps in the market.
- Basic business planning: Creating a simple plan that outlines your idea, target customers, resources needed, and potential costs.
- Personal qualities for enterprise: Recognising and developing traits like resilience, communication, teamwork, and self-motivation.
- Risk and reward: Understanding that enterprise involves taking calculated risks and that rewards can be financial or personal.
Exam Tips & Revision Strategies
- Keep a simple diary or photo diary throughout the activity to capture evidence of your participation and thoughts for later reflection.
- Use the assessment criteria as a checklist to ensure you have covered all parts: plan, participate, review – and that each section is clearly labelled.
- For the review, use a structured format such as 'What went well?', 'What didn’t go as planned?', 'What would I do differently next time?' to stay focused.
- If you are working in a group, make sure you can describe your individual role and contributions clearly to demonstrate personal engagement.
Common Misconceptions & Mistakes to Avoid
- Submitting a review that only describes what happened without any personal reflection on what was learned or could be improved.
- Neglecting to include evidence of the planning stage, such as forgetting to submit a written plan or not showing how the plan was followed.
- Not providing enough personal input, for example relying too heavily on group work without indicating your specific contribution.
- Failing to link the review back to the plan, meaning the reflection lacks depth and context.
Examiner Marking Points
- Provide clear evidence of a plan, such as a written list of tasks, resources needed, and a simple timeline.
- Demonstrate active participation by including photographs, witness statements or a logbook showing your role in the activity.
- Complete a review that identifies at least one thing that went well and one thing that could be improved, with reasons explained.
- Link the planning, participation and review stages together so assessors can see a coherent process from start to finish.