Describe the key roles of a business plan

Assignment Help Business Economics

Reference no: EM132530939

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.

Introduction

Hence, the student should introduce the different sections of the report in specific terms.

Assignment Tasks:

1 One comprehensive definition of a business plan
2 Discussions on the key roles of a business plan
3 A report on how to design a business plan

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)

Report Summary

- Present a very brief account of the ‘body'/Briefly restate the information presented in the main text

Referencing: The work must be referenced throughout for both the individual and group components.

- At least 8 citations including internet sources, websites, journal articles etc.
- CU Harvard Referencing

Attachment:- Entrepreneurship and New Venture.rar

Reference no: EM132530939

Questions Cloud

What is the 1-year interest rate : The following table shows the prices of a sample of Treasury strips. Each strip makes a single payment at maturity.

Price of the 4-year bond if its yield increases : The short-term bond has a maturity of 4 years, the intermediate-term bond has a maturity of 8 years, and the long-term bond has a maturity of 30 years.

Disciplinary mechanisms used to dispel concerns : Conflict of interest is a common problem that corporations have to deal with. Discuss in detail the disciplinary mechanisms used to dispel the concerns of share

Discuss the dividend irrelevancy theory : There were many studies to examine the real connection between dividend policy and market value of the firm.Discuss the dividend irrelevancy theory.

Describe the key roles of a business plan : Describe the key roles of a business plan in creating a new venture and Identify and explain the components/elements of a business plan

Conflict of interest is a common problem : Discuss in detail the disciplinary mechanisms used to dispel the concerns of shareholders. Are these mechanisms practical?

Unbiased expectations theory : Using the unbiased expectations theory, what is the current (long-term) rate for four-year-maturity Treasury securities?

Unbiased expectations theory : Suppose that the current one-year rate (one-year spot rate) and expected one-year T-bill rates over the following three years (i.e., years 2, 3, and 4

What is the project expected npv : If the appropriate cost of capital is 15% what is the project's expected NPV?

User Account

All Pages