Reference no: EM132552510 , Length: 1500 Words
ELCT20002 Entrepreneurship and New Venture Creation - Middle East College
Learning Outcome 1: Demonstrate the ability as to how to design a business plan
Assignment Objective
Understanding the structure and process of entrepreneurship and new venture creation is essential to attain a complete grasp of the phenomenon. The current assignment is designed to allow the students to explore how to design an effective as well as efficient business plan.
Assignment Tasks:
The assignment has one task divided into specific parts. The students should focus on the guidelines appropriate for the assignment along with its deliverables and the corresponding marks to produce a well thought out report.
a. Define a business plan (Provide 1 comprehensive definition. Max. 60 words)
b. Describe the key roles of a business plan in creating a new venture (Max. 60 words)
c. Identify and explain the components/elements of a business plan. Illustrate each component/element with examples. (Max. 1020 words)
d. Complete an online course via any of the links below (You must provide some form of evidence of completion) and write a one page reflection based on:
i. What is the course about? Briefly describe the contents of the course and its learning outcomes. (1 paragraph: Max. 60 words)
ii. What specific skills did you develop? Briefly describe the key skills such as analytic, innovation, accounting, time management skills etc. (1 paragraph: Max. 60 words)
iii. What challenges did you face over the duration of the course? Briefly discuss the intellectual, social, family and technical issues or problems that you faced during the course. (1 paragraph: Max. 50 words)
Attachment:- Entrepreneurship and New Venture.rar