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Business, Administration and Law

Sample Portfolio NCFE Level 1 Certificate in Business and Enterprise (601/0315/2)

Unit 01 Introduction to business and enterprise (H/505/3826)

Issue 1 November 2014

NCFE Level 1 Certificate in Business and Enterprise (601/0315/2) Issue 1 November 2014

Call: 0191 239 8000 Email: [email protected] Visit: www.ncfe.org.uk

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Contents

Introduction Page 3

Unit 01 Introduction to business and enterprise Page 5

Overall unit grade Page 26



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Introduction The material within this sample portfolio relates to: Unit 01 Introduction to business and enterprise (H/505/3826) This portfolio is designed to demonstrate the types of evidence that could be produced for Unit 01 of the NCFE Level 1 Certificate in Business and Enterprise qualification (601/0315/2). It’s designed to provide guidance on how a portfolio could look, rather than being prescriptive. Evidence may be submitted in a variety of forms. In this example there are written accounts and visual evidence, but the evidence could also be presented in an audio format. Where the candidate has provided visual evidence (for example screen grabs, copies of research), this has been clearly annotated to give context as to why it has been included. Each piece of evidence has been presented with the assessment criterion number detailed at the top of the page. This portfolio contains both actual evidence from a candidate and also manufactured evidence produced by NCFE. External Moderator guidance has been provided for each piece of evidence relating to an assessment criterion. The guidance comments on how the evidence meets the assessment criterion and what could be improved to obtain a higher grade. The suggestions and assessment methods are not exhaustive and Teachers are encouraged to explore other methods which will support the candidate to produce the best evidence that they’re capable of for the unit. For further advice on the suitability of a particular assessment method, you can refer to the relevant qualification specification or contact your NCFE External Moderator. It’s strongly recommended that each unit is presented and assessed individually to allow accurate judgements about the candidate’s competence. This will also make it easier to award a grade for the unit. The work must then be internally moderated and made available for the External Moderator. It’s accepted that a piece of evidence may be presented for more than one unit. Where this is the case, the evidence must be clearly mapped to all the units and assessment criteria it applies to when presented to the External Moderator.



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This will enable them to make an accurate judgement about the candidate’s competence and overall unit grade. We would encourage the use of our Evidence and Grading Tracker document which is available from the qualifications page on our website www.ncfe.org.uk, although any method which clearly records the evidence against the assesment criterion may be used.



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Unit 01 Introduction to business and enterprise (H/505/3826) Assessment criterion 1.1 Identify characteristics of the business types Candidate evidence



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Unit 01 Introduction to business and enterprise (H/505/3826) (cont’d)

External Moderator commentary The candidate has identified types of business. Limited liability has been listed as a characteristic. Assessment criterion 1.1 requires the candidate to identify characteristics of the business or enterprise. The candidate must provide one characteristic of at least 2 different business types in order to achieve a Pass. To achieve a Merit the candidate would need to develop their answer further to provide a description of the different business types, eg sole trader: a business owned by an individual who has unlimited liability for the business. To achieve a Distinction the candidate would need to develop their answer further to provide a detailed description of the different business types, eg sole trader: a business owned by an individual who has unlimited liability for the business and could lose everything. Grade awarded for this assessment criterion 1.1 Pass



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Assessment criteria 1.2 Identify 2 types of local business 1.3 State what each business identified in 1.2 is about, showing:

what it does

how it is owned

the type of people it employs 1.4 Present findings Candidate evidence



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Candidate evidence (cont’d)



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External Moderator commentary Assessment criterion 1.2 - the candidate has identified 2 different types of local business: a florist and a fast food shop. As they have identified 2 different types of local business, a Merit could be awarded. However, they do not have to be 2 different types of ownership, eg a sole trader and a limited company. They could be a florist and a window cleaner (both sole traders). To achieve a Pass, candidates would have identified 2 local businesses. To achieve a Distinction, candidates would have identified 2 local businesses and justified their choices, eg ‘I have chosen Four Seasons Floral Design as they have good reviews in the local area.’ Assessment criterion 1.3 - the candidate has identified what each business identified in 1.2 is about, showing what it does, how it’s owned and the type of people it employs. To achieve a Merit, candidates would need also to show an understanding of the skills needed to work there, eg customer service skills and health and safety awareness. To achieve a Distinction, candidates would also need to provide realistic examples of the types of customer each business has, eg loyal customers or customers with a particular need. Assessment criteron 1.4 - the candidate has used PowerPoint to present their findings (1.1–1.3) using a well-structured format, eg headings and clear paragraphs, with few spelling/grammatical errors. To achieve a Pass, candidates would present their findings using a basic format, eg no headings or structure, but relevant information would be included. To achieve a Merit, candidates would need to present their findings clearly, eg some structure with only some spelling and grammatical errors.



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Grades awarded for these assessment criteria 1.2 Merit 1.3 Pass 1.4 Distinction



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Assessment criteria: 2.1 Identify the skills and/or characteristics of an entrepreneur 2.2 Identify an entrepreneur(s) 2.3 Identify the enterprise skills and/or characteristics of the

entrepreneur(s) identified in 2.2

Candidate evidence:



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He is well organised and has good leadership skills.



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(cont’d) External Moderator commentary: AC 2.1 The candidate has clearly identified the skills and/or characteristics of any entrepreneur. Therefore a Merit has been awarded.

To achieve a Pass, candidates would identify the skills or characteristics of any entrepreneur.

To achieve a Distinction, candidates would identify the skills and characteristics of any entrepreneur eg an entrepreneur must have good organisational skills to achieve their objectives.

AC 2.2 The candidate has identified Richard Branson as an entrepreneur and has therefore achieved a Pass.

To achieve a Merit, candidates would need to identify 2 different entrepreneurs.

To achieve a Distinction, candidates would need to identify 3 different entrepreneurs including one based locally.

AC 2.3 The candidate has identified 2 enterprise skills but only one characteristic of Richard Branson and has therefore achieved a Pass.

To achieve a Merit, candidates would identify at least 2 enterprise skills and at least 2 characteristics of Richard Branson and one other entrepreneur as identified in 2.2.

To achieve a Distinction, candidates would compare the enterprise skills and characteristics of at least 2 of the different entrepreneurs identified in 2.2.

Grades awarded for these assessment criteria 2.1 Merit 2.2 Pass 2.3 Pass



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(cont’d) Assessment criteria 2.4 Research the target market of an entrepreneur/business 2.5 Present findings

Candidate evidence



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External Moderator commentary AC 2.4 The candidate has researched the target market of Richard Branson’s venture of selling flights into space demonstrating a clear understanding of the target market (eg wealthy people with more time) and has therefore achieved a Merit. To achieve a Pass, candidates would research the target market of an entrepreneur/business, eg produce a list of the target markets, web links, notes from an interview, screenshot of the actual research, notes from web pages etc. Although the candidate has provided a detailed understanding of the target market of Richard Branson’s space venture they should provide evidence for at least one more entrepreneur/business. AC 2.5 The candidate has used PowerPoint to present their findings (2.1–2.4) using a well-structured format, eg headings and clear paragraphs, with few spelling/grammatical errors. To achieve a Pass, candidates would present their findings using a basic format, eg no headings or structure, but relevant information would be included. To achieve a Merit, candidates would need to present their findings clearly, eg some structure, with only some spelling and grammatical errors. Grades awarded for these assessment criteria 2.4 Merit 2.5 Distinction



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Assessment criterion 3.1 Identify a possible risk(s) for a new business or enterprise Candidate evidence



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Assessment criterion

3.2 Identify a possible reward(s) for a new business or enterprise

Candidate evidence



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Assessment criteria 3.1 Identify a possible risk(s) for a new business or enterprise 3.2 Identify a possible reward(s) for a new business or

enterprise

External Moderator commentary

AC 3.1 The candidate has identified 2 risks for a new business or enterprise. A Merit can be awarded.

To achieve a Pass, candidates would identify one possible risk for a new business enterprise.

To achieve a Distinction, candidates would identify 2 possible risks for a new business or enterprise showing a detailed understanding, eg when the business is first started, people may not trust the business because it is unknown and therefore customers may feel this is a greater risk than using an already established business.

AC 3.2 The candidate has identified one reward for a new business or enterprise. A Pass can be awarded.

To achieve a Merit, candidates would identify 2 different rewards. Had the candidate provided evidence of 2 different rewards instead of expanding their evidence about money (one reward) a Merit could have been awarded.

To achieve a Distinction, candidates would identify 2 possible rewards for a new business or enterprise showing a detailed understanding. The evidence provided for 3.2 does show detailed understanding, but as the candidate has only provided one reward a Distinction cannot be awarded.

AC 3.3 The candidate has used PowerPoint to present their findings (3.1–3.2) using a well-structured format, eg headings and clear paragraphs, with few spelling/grammatical errors. To achieve a Pass, candidates would present their findings using a basic format, eg no headings or structure, but relevant information would be included. To achieve a Merit, candidates would need to present their findings clearly, eg some structure, with only some spelling and grammatical errors.



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Grades awarded for these assessment criteria 3.1 Merit 3.2 Pass 3.3 Distinction



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Assessment criterion

4.1 State what a project is Candidate evidence



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External Moderator commentary

AC4.1 The candidate has stated what a project is and has therefore met the Pass requirements.

Grade awarded for this assessment criterion: 4.1 Pass There is no Merit or Distinction grade for this assessment criterion.



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Assessment criteria 4.2 Outline a project idea 4.3 State the need to plan Candidate evidence

Candidate A



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External Moderator commentary AC4.2 The candidate has given an outline of a project idea and has therefore met the Pass requirements. To achieve a Merit, candidates will add strengths or weaknesses to their project idea. To achieve a Distinction, candidates will add both strengths and weaknesses to their project idea. AC4.3 The candidate has stated the need to plan their project and has therefore met the Pass requirements. There is no Merit or Distinction grade for this criterion. Grades awarded for these assessment criteria 4.2 Pass 4.3 Pass



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Assessment criteria 4.4 Give a basic outline of what could be included in a plan for

a business or enterprise project 4.5 Present findings Candidate evidence



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External Moderator commentary AC 4.4 The candidate has given an outline of a plan for a project for a business or enterprise project. They have included realistic examples, such as buckets and sponges, on page 22 of the example portfolio, therefore a Distinction has been awarded. To achieve a Pass, candidates would provide a basic outline of what could be included in a plan for a business or enterprise project, eg aims and objectives. To achieve a Merit, candidates would need to give a clear outline of what could be included in a plan for a business or enterprise project, eg planned timeline, resources (people/finance/materials). AC 4.5 The candidate has used PowerPoint to present their findings (4.1–4.4) using a well-structured format, eg headings and clear paragraphs, with few spelling/grammatical errors. To achieve a Pass, candidates would present their findings using a basic format, eg no headings or structure, but relevant information would be included. To achieve a Merit, candidates would need to present their findings clearly, eg some structure, with only some spelling and grammatical errors. Grades awarded for these assessment criteria 4.4 Distinction 4.5 Distinction


Overall unit grade


Assessment criteria Not Yet Achieved

Pass Merit Distinction Evidence (including portfolio page number and type)

1.1 Identify characteristics of the business types

The candidate has used PowerPoint slides to identify some of the types of business (please see page 5).

1.2 Identify 2 types of local business

The candidate has within their slides identified 2 different types of local business; a florist and a fast food shop (please see pages 7-8).

1.3 State what each business identified in 1.2 is about, showing:

what it does

how it is owned

the type of people it employs

The candidate has within their slides identified what each business identified in 1.2 is about (please see pages 7-8).

1.4 Present findings

The candidate has used a PowerPoint to present their findings (AC 1.1-1.3) using a well-structured format eg headings, clear paragraphs, with few spelling/grammatical errors (please see page 7-8).

2.1 Identify the skills and/or characteristics of an entrepreneur

The candidate has used presentation slides to clearly identify the skills and/or characteristics of any entrepreneur (please see page 11).

2.2 Identify an entrepreneur(s)

The candidate has identified within their slides Richard Branson as an entrepreneur (please see page 12).



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2.3 Identify the enterprise skills and/or characteristics of the entrepreneur(s) identified in 2.2

The candidate has identified within their slides 2 enterprise skills but only 1 characteristics of Richard Branson (please see page 12).

2.4 Research the target market of an entrepreneur/ business

The candidate has within their slides researched the target market of Richard Branson (please see page 14).

2.5 Present findings 2.6

The candidate has used a PowerPoint to present their findings using a well-structured format (please see pages 14).

3.1 Identify a possible risk(s) for a new business or enterprise

The candidate has within their presentation slides identified 2 risks for a new business or enterprise (please see pages 16-17).

3.2 Identify a possible reward(s) for a new business or enterprise

The candidate has within their presentation slides identified 1 reward for a new business or enterprise (please see pages 16-17).


The candidate has used a PowerPoint to present their findings using a well-structured format (please see pages 16-17).



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4.1 State what a project is

No Merit grade for this AC

No Distinction grade for this AC

The candidate has stated within their presentation slides what a project is (please see page 20).

4.2 Outline a project idea

The candidate has within their slides provided an outline of a project idea (please see page 22).

4.3 State the need to plan

The candidate has within their presentation slides stated the need to plan their project (please see page 22).

4.4 Give a basic outline of what could be included in a plan for a business or enterprise project

The candidates has within their presentation slides provided an outline of a plan for a project for a business or enterprise project, using realistic examples (please see page 24).


The candidate has used a PowerPoint to present their findings using a well-structured format (please see page 24).



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I confirm that this is all my own work. Candidate signature:

Teacher/Assessor comments (please continue overleaf if necessary): The candidate has used presentation slides to show some of the characteristics of business types, within their evidence they have researched 2 different local businesses and have discussed what each business is about. They have therefore achieved a Pass for LO1, to achieved higher grades they would need to justify their choices for choosing these businesses and discuss the skills required to work in both businesses. For LO2 the candidate has used presentation slides to identify the skills and characteristics of an entrepreneur and have gone on to identify Richard Banson as an entrepreneur. They have been awarded a Pass for LO2, however to achieve higher grades they would need to identify another entrepreneur and provided another characteristic of Richard Banson. For LO3 the candidate has again used presentation slides to discuss some of the risks and rewards to a new business and enterprise and has achieved a Pass for this LO, to achieve a higher grade the candidate would need to identify a further reward. Finally for LO4 the candidate has within their slides defined what a project is, outlined a project idea, discussed the need to plan, identify the importance of planning and what should be included in a project plan. A good level of detail has been included, however to achieve a Merit the candidate would need to discuss some of the strengths and weaknesses of their idea. As the candidate has achieved mainly Pass grades an overall Pass has been awarded for this unit.



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I confirm that I have graded this work against the grading descriptors for the qualification. Overall unit grade: Pass Date submitted on the Portal: Teacher/Assessor name: Signature: Date:

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