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Scenario
There is no scenario for this assignment, you are yourself and need to show entrepreneurship skills
Task 1 of 3 – Business idea pitch (AC1.2 and 1.3)
Instructions:
You are to propose three business ideas for this assignment which could then be explored further in a presentation to your class. Feedback from the class for each idea should be summarised as peer evaluation.
- Review what make a successful commercial or social entrepreneur and evaluate your own skills and attributes in that area.
- Propose the business ideas and assess the challenges that goes with them.
Delivery:
- 1x 10 minutes presentation in front of the whole class
Submission:
- 1x PowerPoint slide (or poster’s photo)
- 3x Peer Review forms
Referencing:
- Each PowerPoint must reflect any supporting Harvard style citations.
- A comprehensive Harvard style reference list must be included at the end of the presentation
Task 2 of 3 – Business plan (AC3.1, 3.2, 3.3, 4.1, 4.2 and 4.3)
Instructions:
Analyse the 3 business ideas and select the one that is most likely to succeed and create a business plan (including marketing and financing). As such you should produce a business plan in which you should:
- Summarise and analyse the selected business idea
- Analyse the production and marketing feasibility for the selected idea
- Produce business planning forecast using financial techniques
- Produce a marketing plan
- Develop a control and monitoring mechanism for the business plan.
Delivery and submission:
- 1x business plan (circa 3000 words excluding appendices)
Referencing:
- Each section must reflect any supporting Harvard style citations.
- A comprehensive Harvard style reference list must be included at the end of the work.
Task 3 of 3 – Reflections (AC1.1, 2.1, 2.2 and 2.3)
Instructions:
You should now reflect on entrepreneurship based on this experience and using the appropriate literature. Your reflections should:
- Critically analyse the nature, characteristic and challenges of establishing different kind of enterprise and how you individually as a future manager could encourage creativity, innovation and changes
- With reference to one or more organisation, identify potential creative and innovative management ideas that could contribute to encourage creativity in the organisation
Also Read: Entrepreneurship Research Paper Topics
Delivery and submission
- 1x reflection (circa 500 words)
Referencing:
- Each section must reflect any supporting Harvard style citations.
- A comprehensive Harvard style reference list must be included at the end of the work.
Evidence to be submitted:
- PowerPoint presentation – (1000 words equivalent)
- Business Plan – 3000 words
- Reflective Essay – 500 words