This is a 26-slide PowerPoint which covers the entire LEARNING AIM E of Unit 1 - EXPLORING BUSINESS.
There are 5 Learning Aims in total and they are covered in 5 separate PowerPoints, making it easier to put together a teaching programme for the whole Unit.
**Teachers will be required to do no other work. These PowerPoints include questions and activities as well as videos and they have been written by a BTEC Moderator and used with hundreds of students across the years.
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There are about 12 hours’ worth of teaching in this PowerPoint.
This is a summary of the PowerPoint:
Role of Innovation and Enterprise
Innovation: This section explains the development of creative ideas into new products, processes, or services. It highlights different types of innovation, such as product, process, and service innovation, and discusses ways to increase business efficiency and profitability through methods like Kaizen, research and development, intrapreneurship, and benchmarking.
Enterprise: This part focuses on identifying opportunities to develop business activities through creative, lateral, and ‘blue sky’ thinking, as well as chance, serendipity, and intuition. It also describes the characteristics of entrepreneurs and intrapreneurs.
Benefits and Risks Associated with Innovation and Enterprise
Benefits: The presentation outlines various benefits of innovation and enterprise, including improvements to products, processes, services, and customer experience, business growth, development of new niche markets, offering unique selling points, improved recognition and reputation, and smarter working.
Risks: It also addresses the potential risks, such as failing to meet operational and commercial requirements, failing to achieve a return on investment, and cultural problems like resistance to change and insufficient support from leadership and management.
**Please look out for the other PowerPoints which cover the whole of Unit 1.
Discounted bundle: buy all PowerPoints and get a discounted rate of 33% off!**
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