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Assignment | Understanding of Management Accounting Systems

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Added on  2019-09-18

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Division of BusinessCourse: HND Level 5 Business (management)Year: 2017Student Name:UNIT 09: Entrepreneurship and Small Business ManagementLecturers Name: Mr George AnokyeDate Issued: Completion Date: Fail Pass Merit DistinctionP1P2P3P4P5M1M2M3M4D1D2D3Learning Outcomes: LO1 Demonstrate an understanding of management accounting systems. LO2 Apply a range of management accounting techniques. LO3 Explain the use of planning tools used in management accounting. LO4 Compare ways in which organisations could use management accounting to respond to financial problemsComments:Assessor’s Signature:______________ Referred Date:______________Late: Yes NoInternal Verification: Yes NoI declare that the work I am submitting for assessment contains no sections in copied in whole orpart from any other source, unless it is explicitly identified by means of quotation mark or bymeans of wholly indented paragraphs. I declare that I have also acknowledged such quotations byproviding detailed references in an approved format. I understand that unidentified and un-referenced copying both constitutes plagiarism which is an offence. I give my consent for my workbeing scanned by Turnitin formatively and summatively for the purposes of assessment.Student Signature: Received:1
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Date: Date:Student Name Assessors NameQualification HND Business (management)Level4Awarding bodyEDEXCEL Unit nameManagement and OperationsLO 1LO1 Explore and illustrate the range of venture types that might be considered entrepreneurial.AC P1Examine different types of entrepreneurial ventures and explain how they relate to the typology of entrepreneurship.CommentsAC P2Explore the similarities and differences between entrepreneurial venturesCommentsM1Investigate a diverse range of entrepreneurial ventures to demonstrate an understanding of entrepreneurship in both the public and corporate sectorCommentsD1Critically examine the scope, development and growth of entrepreneurial venturesCommentsLO2LO2 Assess the impact of small businesses on the economy.Ac P3Interpret and assess relevant data and statistics to illustrate how microand small businesses impact on the economy.CommentsAC P4Explain the importance of small businesses and business start-ups to the growth of the social economyComments2
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M2Evaluate the differences that small, medium and large businesses make to the economy, applying relevant data and statisticsCommentsD2Critically examine how small businesses have an impact on different levels of the economy in a local, regional, national and international context.CommentsLO 3Discuss the process required to commercialise innovationAC P5 Determine the characteristic traits and skills of successful entrepreneurs that differentiate them from other businessCommentsAC P6Assess how aspects of the entrepreneurial personality reflect entrepreneurial motivation and mindsetCommentsAC M3Explore and examine different lines of argument relating to entrepreneurial characteristics.CommentsAC D3Analyse the characteristic traits, skills and motivational drivers of successful entrepreneurs, supported by specific examplesComment LO 4Examine the different environments that foster or hinder entrepreneurshipAC P7Examine, using relevant examples, how background and experience can hinder or foster entrepreneurship.CommentsAC M4Analyse the link between entrepreneurial characteristics and the influence of personal background and experience to specific successfulentrepreneursCommentCritically evaluate how background and experience influences entrepreneurs,3
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