Institute of Commercial Management | Qualification Subject

Entrepreneurship Development and Enterprise

ICM Professional Diploma Unit

This qualification is a new Single Subject and will be awarded as a Single Subject Certificate from June 2023.

Main Topics of Study:

The Environment

  • Approaches to the study of entrepreneurship
  • The role of entrepreneurship in the economy and society
  • Influences on entrepreneurship development
  • Support for entrepreneurship development

The Person

  • The nature, characteristics and behaviour of the entrepreneur
  • Entrepreneurship, creativity and innovation
  • Entrepreneurship, motivation and leadership
  • Entrepreneurship, team building and conflict resolution

The Organisation

  • The entrepreneurial new venture e.g., business generation and development
  • New venture planning and creation e.g., raising finances, new product and service development
  • Retaining entrepreneurship as the venture grows e.g., managing finances and supplier relationships
  • Intrapreneurship: Developing entrepreneurship in large organisations
  • Domestic legal requirements and regulatory considerations when setting up and operating an enterprise

This unit is part of the ICM Level 5 Diploma in Entrepreneurship and Enterprise

Example Candidate Response Booklet

Example Candidate Response (ECR) Booklets are a source of crucial information for Centres and Candidates as they use real candidate responses. We ask Senior Examiners to comment on five or more responses in terms of why the mark was awarded with commentary about how to improve the answer (if necessary).

Recommended Reading

Main Text:

Kirby, David.  (2002) Entrepreneurship, McGraw-Hill Education / Europe, Middle East & Africa; 2nd UK ed. edit

Indicative Text:

Alternative Text and Further Reading: