Entrepreneurship And Business Discussion

This is an individual task
· All 4 sections should be attempted
· Each section is equally weighted (25% each of task total)
· The task must be spell and grammar checked prior to upload
· Wordcount: Each section should be between 500-600 words
· Cover, Table of Contents, References and Appendix are excluded of the total wordcount.
· Font: Arial 12,5 pts.
· Text alignment: Justified.
· Harvard citation style referencing (in-text References and Bibliography)
It assesses the following learning outcomes:
· Outcome 1: demonstrate understanding of the concept of entrepreneurship and main traits of an entrepreneur
· Outcome 2: categorize and assess business opportunities and their feasibility
· Outcome 3: apply appropriate analytical frameworks
· Outcome 4: demonstrate analytical and conceptual skills
Section 1. Introduction to Entrepreneurship:
Identify and explain characteristics which differentiate an entrepreneurial venture from an established business.
Section 2. Developing Successful Business New Ideas
Business opportunities frequently result from changes in the external environment. Identify examples of environmental trends and the business opportunity that has resulted.
Section 3. Moving from Idea to Opportunity
What are the purposes and uses of a business plan? Identify key areas that an effective business plan needs to address.
Section 4. Issues Confronting New Ventures
Explain why awareness and availability of a new product/service need to be highly coordinated for a new venture to succeed. Identify different ways of creating awareness.
Exceptional 90-100
Good 80-89
Fair 70-79
Marginal fail 60-69

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