The assignment 2 is continuation of assignment 1. In spite of the fall of many businesses, many people also turned to become entrepreneurs from the many layoffs COVID 19 brought, with predominantly in the small medium enterprises. To provide the Small Business Entrepreneurs with comprehensive information, HIPMI is asking you to develop a further research on the growth of small business enterprise and how it impacted Indonesia economy. You are asked to develop a written research report that covers the following topic: Gather, interpret, and assess relevant data and statistics, to evaluate how micro, small, medium, and large business impact economy at different level. You should include Indonesia in the local level analysis. Assess the changes COVID 19 Pandemic has driven to the Indonesian economy and how different scale of businesses responded to these changes. Explain the importance of small businesses and business start-ups to the growth of the social economy. Critically examine how small business have an impact on different levels of the economy (local,regional, national) and in an international context. You could consider the implication of small business in developed countries (i.e USA) as opposed to the developing countries (i.e Indonesia). |
Learning Outcomes and Assessment Criteria | |||
Learning Outcome | Pass | Merit | Distinction |
LO2 Assess the impact of small businesses on the economy | P3 Interpret and assess relevant data and statistics to illustrate how micro and small businesses impact on the economy. P4 Explain the importance of small businesses and business start-ups to the growth of the social economy. | M2 Evaluate the differences small, medium and large businesses make to the economy, applying relevant data and statistics. | D2 Critically examine how small businesses have an impact on different levels of the economy (local, regional, national) and in an international context. |