MBA 602: Small Business Administration
Subject Code: MBA602
Subject Name: Small Business Administration
Assessment Title: Assessment 1: Individual Video Presentation
Total Marks: 30
Time Limit: 10 minutes
Submission: Via Turnitin
This Assessment Task will address the following Learning Outcomes:
LO1: Evaluate the skills required to manage the ongoing demands associated with small
LO2: Analyse small business management decision making and strategies for success
Each student is to submit a 10-minute video presentation covering the following questions.
• What is the difference between an entrepreneur and a small business
owner? Which one are you or do you think you are? Why?
• What skills are required to manage the on-going demands associated with running
a small business? Which ones do you have? What are your skill gaps? What
must you do to fill those gaps in order for you to have a successful business?
• What is your passion? Do you think you could turn that ‘passion’ into a successful
small business? Why or why not?
• Research a small business owner or entrepreneur that you admire or aspire to be
like. State why you chose this person. Analyse his/her business decisions
throughout the small business journey and discuss what were some key strategies
that led to his/her success.
For the slides:
• When you record your presentation, you also must turn on the video so you can be
seen in the presentation.
• You are encouraged to be creative with your slide presentation. Try not to use too
many words on the slide. Remember – “A picture says a thousand words”. Use
appropriate pictures / photos that support your talk.
KBS ASSESSMENT 1 OUTLINE
• You should not have more than 8 slides. For example:
Slide 1: Cover slide
Slide 2: Entrepreneur vs Small Business Owner
Slide 3: Skills
Slide 4: Skills
Slide 5: Passion / Business
Slide 6: Owner / Entrepreneur you admire.
Slide 7: Owner / Entrepreneur business journey / strategies
Slide 8: Final slide / closing
This assessment will be marked using the attached rubric.
Hello everyone. Welcome to my presentation where we shall be focusing on small business management and entrepreneurship. MBA 602: Small Business Administration.
Entrepreneur vs Small Business Owner
The first thing I would like us to look into is the difference between an entrepreneur and a small business owner. Although the two words are often confused, they are quite different. A small business owner may not have all the required skills required in running the business, whereas an entrepreneur does not only possess technical skills, but also managerial and entrepreneurial skills necessary for starting and running the business. A small business owner may not have the bigger picture of their business after some time, but an entrepreneur is mainly motivated by where is heading in future than the current position. Further, entrepreneurs always want to change things yet small business owners are always content their business position (Cassar, 2010). MBA 602: Small Business Administration.
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