Bss005-1 Business Practice Explored Assessment Answer

Question:

1.Demonstrate knowledge of and understanding in a defined range of skills needed to function in both academic and business practice along with self-awareness of your own abilities.

2.Provide a creative and soundly based solution to a predictable business context that requires the use of a specified range of techniques and information sources. Communicate in a manner appropriate to the business context.

What am I required to do in this assignment?

You are required to write a individual report containing your costed plans for an event. You will initially be put into groups to conduct the research for the event. You will then be expected to write and submit an individual report for this assessment.  The event type is to be decided upon by you and your group and it must be hosted at the Metro Bar, Luton Campus, University of Bedfordshire. The Metro Bar has a capacity for a maximum of 200 people.

In the report, you are expected to include:

i.Your marketing strategy - this must include details of the Marketing Mix, as related to your chosen event

ii.Your human resource requirements - this must include details of the various staff required for the event and their roles/responsibilities, including staff required for the pre-event activities (such as promotion) to post-event activities (such as cleaning)

iii.Your financial details – this must include details of all the costs involved in the whole organisation and running of the event. You must also provide details of your break-even point

You will be expected to justify all the decisions that you make regarding the above criteria in your report.

For more information about the Metro Bar and the types of events it currently hosts:

What do I need to do to pass? (Threshold Expectations from UIF)

In order to pass Assignment 2 you will need to:

·Collect and analyse appropriate information and data from reliable and authoritative sources to inform your choice of solution

·Provide a sensible solution to the problem given, with reliable costings

·Communicate effectively in an appropriate format

How do I produce high quality work that merits a good grade?

We will be filling this section in together in class on Click or tap to enter a date. make sure you have downloaded/printed out the Assignment Brief and bring it to the session with you.

How does assignment relate to what we are doing in scheduled sessions?

The scheduled lessons aim to provide a sound basis to the topic that is being assessed in the assignment. Thus, there is a direct link between the assignment and the content covered in scheduled sessions.

How will my assignment be marked?

Your assignment will be marked according to the threshold expectations and the criteria on the following page.

You can use them to evaluate your own work and consider your grade before you submit.