unit 1 assignment 3 -guidance and help template for distinction

Unit 1 – Assignment 3 Help Template.
Please use this template to help you to complete Unit 1 assignment 3.
Remember:
 Use the Channel in teams for this unit.
 Use the headings in this document to help you to structure your
work.
 Keep your work neat and in a logical order.
The last assignment is all about innovation and entrepreneurship. This
means how we use inventions and creativity to turn into commercial ideas
(i.e. – to bring a profitable product or service to market)
 For this last assignment you need to produce a power point
presentation.
 Please make your power point interesting.
 Do not use too many words.
 Chose a suitable template from power point.
 Use colour and a suitable font.
 Use diagrams to illustrate points you want to make
 Your power point really should deal with the assignment in about 10
slides maximum really.
 Keep to the POINT of the question (no waffling)!
P7 – Justify the use of innovation and enterprise for a business in
relation to its changing market and environment.
This task is all about how the business uses innovation and enterprise to
meet the demands of a changing market (i.e. its customer base)
 Explain the terms Innovation (give an example or 2)
 Explain the term Enterprise.
Now take your selected business and explain why (and how) it uses
innovation to turn ideas into commercially viable (profitable) products and
services.