GUIDELINES - PRINCIPLES OF BUSINESS SCHOOL BASED ASSESSMENT (S.B.A.

ESTABLISHING A BUSINESS: PRODUCTION

SPECIFIC GUIDELINES

a) All proposed business activities must be legal activities and approved by the coordinating
teacher.

b) Each report must be between 1000 and 1200 words (not including appendices).

c) Getting ideas for your proposed idea can be conducted through interviews, research and
observation. Any findings and information gathering documents e.g. questionnaires should be
included in your report.

d) This mandatory report which comprises 20% of the students CSEC mark is graded by the
teacher who then submits final results to the Ministry.

e) Project should be presented in an ordinary and inexpensive soft folder bearing the students
name, registration number, name of subject, school, center number and the date submitted.

f) The report must contain a title page, table of contents and a Bibliography.

COMPLETE THE SBA IN THIS ORDER

Description of business

In this part you are required to give a brief description of your intended business. You should
state

a) The name of your intended business e.g. Xtreme Graphics production

b) The type of business e.g. sole, proprietorship etc.
c) Nature of the business ie. What is the proposed business engaging in? e.g. production of local
fruit juices
d) The major aims or aims/ objectives/ mission statement of your business e.g. To make 100%
profit by ensuring customers satisfaction.
e) If possible you can give example(s) of the goods and/ services you will be producing.

Justification of location

In this part you are required to:

a) State the location of your intended business, e.g. 152 John Street
b) Secondly, you will have to list and explain the factors which influence your choice of location.
e.g. Closeness to raw materials.

Selection of appropriate labour

As we already know labour is an important aspect of production and if you dont select the most
appropriate type of labour then inefficiency would occur and productivity will decline. You are
required to:

a) List the type of labour you will enjoy employ. e.g. cleaner
b) State the number of persons to be employed and for each describe their duties or functions
c) Then classify them under the three main categories of labour namely: Skilled, Unskilled or
Semi-skilled
d) Outline one reason why that type of labour is necessary.

Sources of fixed and working capital

Capital refers to money and all other assets of a person, company or industry that can be
converted into money. PHYSICAL CAPITAL consists of fixed capital and working or circulating
capital. FIXED capital refers to capital that is of a lasting nature and which does not change its
form during the course of production, e.g., factory buildings, machines and tractors. WORKING or
CIRCULATING capital changes its form or state during the course of production, e.g., raw
materials and partly finished goods.

You are required to

a) Identify the sources of fixed capital and give examples.

b) Identify sources of working capital and give examples.

Roles of the Entrepreneur

The entrepreneur organizes the other factors of production and bear risks.

You are required to:

a) Define the role of the entrepreneur

b) Outline three functions of the entrepreneur

Type of production

Production refers to the combining of the factors to create goods and services to satisfy peoples
wants and needs. The types (stages) of production should not be confused with the levels of
production.

You are required to

a) Identify the type(s) of production your intended business will engage itself in.
b) Describe the type of production

Levels of Production

The levels of production classify the amounts of goods and services produced under three
different headings: subsistence, Domestic and surplus or export levels.

You are required to:

a) Identify the level of production

b) Describe the level of production

Quality control measures

In this part you should be able to define quality as it relates to your business and then you will
state the measures/ ways of ensuring quality in your intended business. E.g. hiring only trained
employees. TWO quality control measures which your business should adhere to should be
described.

Use of technology

We all know that technology plays an important part in any business. If businesses dont adapt
to changes in technology this will ultimately lead to making a loss.

You are required to show how you will employ technology in your operations by

a) Identifying two types of technology used

b) Outline how the technology is used to enhance the efficiency of the business

Linkages

A linkage industry is an industry which is associated or connected to other industries in such a

way that the existence of one is dependent on the other, or it enhances the others production
process. These industries are also referred to as spin-off and screwdriver industries.

You will be required to:

a) state the type(s) of linkages your intended business will create and
b) Outline one benefit of that type of linkage

Potential for growth

You are required to state if your business will grow and how will it grow. E.g. employing more
machinery

You are required to:

a) Explain potential for growth internally and externally

Government Regulations

Government in any country has regulations as it relates to the setting up and operations of a
business.

You are required to:

a) Identify government regulations that impact on the business e.g. require to pay taxes.
b) Explain how the regulation identified impacts on the business.

Ethical Issues

Ethics has to do with right and wrong, good and bad. You as the entrepreneur should be aware of
such issues and its consequences.

You are required to:

Discuss one ethical issue relating to production, showing how it impacts on the business e.g.
Avoiding of poor labeling

FINALLY
You are required to:

a) Communication the information in the report in a logical way using correct Grammar.
b) Write in future tense, i.e. the event will occur sometime in the future
c) Use correct spelling , punctuation subject and verb agreement
d) Remember this is a report and should be written in paragraphs.

THE END