Students who enrol will be required to write a 1000âword  report on evaluating the podcast âThe Political Butterfly Effect: Did Mr Blobby upend  local politics in Lancashire?â Please see details in Part2 below:Â
Please click on this link: https://www.bbc.co.uk/sounds/play/m0012scy and listen to the 14 minutes podcast and answer these questions as part of the continuous final assessment [assignment 2] for this unit.Â
⢠Question 1: What is your assessment of the Councilâs commercial motivation?Â
(5 marks)Â
⢠Question 2: Why did the project fail and state three (3) lessons identified.Â
(10 Marks)Â
⢠Question 3:Drawing on the lessons learned (in Q.2) and your knowledge of social value, what venture would you prescribe for Morecambe Council and why? Â
(15 Marks) Â
⢠Note: For this reflective report a maximum of 1000 words excluding figures and Â
references is required.
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ExpectationÂ
Introduction to Social Value –Â
⢠Q1. Assessment of Commercial Motivation. Any evidence from the podcast stating the commercial motivation for the project? [1mk]  Showing an understanding of how to apply the concept of value propositioning. This should cut across 1). Product i.e., benefit, experience, feature. [1mk] 2). Customer i.e., wants fear, needs. [1mk] The required reflective element should come across too. Total [5 mks]Â
⢠Q2. Each logical reason is 3 mks. These should preferably be spread across the identified value proposition. There is a mark for linkage with core concepts or relevant citations. Total [10 mks]Â
⢠Q3. The proposed venture should be realistic and evidence potential social value contribution. 5 mks for suitability of the venture; 5 mks for social value potentials and 5 mks for the justification of the proposed venture and de-risking. Total [15 mks]