Unit 9: Entrepreneurship and Small Business Management

ASSIGNMENT 1 FRONT SHEET
Qualification BTEC Level 4 HND Diploma in Business
Unit number and title Unit 9: Entrepreneurship and Small Business Management
Submission date 13/08/2021 Date received (1st submission)
Re-submission date Date received (2nd submission)
Student name Ho Pham Linh Nhu Student ID TBS21010
Class GBS0904A Assessor name Truong Anh Tuyet
Student declaration
I certify that the assignment submission is entirely my own work and I fully understand the consequences of plagiarism. I understand that
making a false declaration is a form of malpractice.
Student’s signature:
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Table of Contents
I. Introduction: ................................................................................................................................................ 6
II. Body: ............................................................................................................................................................ 6
A. Different Types of Entrepreneurial Ventures ........................................................................................... 6
1. Small Business, Scalable Startup, Social Enterprise, High-growth Firm: ........................................... 6
2. Typology of Entrepreneurship: .......................................................................................................... 7
B. Similarities and Differences between Entrepreneurial Ventures: ............................................................ 9
1. Business Environments of Entrepreneurship in General Context ..................................................... 9
2. External Factors Clarifying – PESTLE Model .................................................................................... 10
3. Internal Factors of the Entrepreneurs – VRIO Strategy ................................................................... 10
C. Micro and Small Businesses Affect the Economy ................................................................................... 12
1. Definition of Micro/Small Businesses Entrepreneurship Type in Vietnam ..................................... 12
2. Their Contributions to the Economy ............................................................................................... 13
D. The Importance of Small Businesses, Startups: .................................................................................. 16
1. Triip.Me Brief ................................................................................................................................... 16
2. Small Talk with the Leaders ............................................................................................................. 16
3. The Importance of Small Businesses/Startup to Different Business Levels .................................... 18
III. Conclusion: ................................................................................................................................................. 20
IV. References: ................................................................................................................................................. 21

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I. Introduction:
The below of this report follows the assumption, in which I’m a small business consultant. This report
will be in the form of a formal business manual as the assignment's need to promote and cultivate the
entrepreneurial spirit of Gen Z. The final aims are for persuading the community to "pay attention to the
missing gaps" then shifting it towards entrepreneurial education by exploring the scope of available business
risks.
II. Body:
A. Different Types of Entrepreneurial Ventures
Figure 1: Kansas City’s entrepreneurs and small businesses.
There are many approaches to call the variety of Entrepreneurship over the world. However, under
the scope of this material, we will divided into four distinct categories:
1. Small Business, Scalable Startup, Social Enterprise, High-growth Firm:
Small Businesses or sometimes “Survivalists" fundamentally aim to provide participating
entrepreneurs with basic life. The simple use only by word of mouth is allowed for this kind of business, and
the company may or may not be formally registered. These firms usually have no premises, few assets, no
commercial banking relationship, and operate in the form of a highly competitive, price-based, and largely