Instructions to the Candidates

• This assessment is to be completed in class supervised by assessor.
• Should you not answer the questions correctly, you will be given feedback on the results and your gaps in knowledge. You will be given another opportunity to demonstrate your knowledge and skills to be deemed competent for this unit of competency.
• If you are not sure about any aspect of this assessment, please ask for clarification from your assessor.
• Please refer to the College re-submission and re-sit policy for more information.
• If you have questions and other concerns that may affect your performance in the examination please inform the assessor immediately.

Assessment-1(Research and Questioning)
Question 1
What are the characteristics of a small business and what effect might the operating environment have on a small business? You might have to conduct the appropriate research to answer this question. Discuss in 150–180 words

Question 2
Give an example for each of the following obligations that might impact on your business:
a. Personal.
b. Family.
c. Cultural.
d. Community.
e. Business.

Question 3
How can small businesses contribute to their local community? Discuss in 150-180 words.