Reference no: EM132556751
ELCT20002 Entrepreneurship and New Venture Creation - Middle East College
Learning Outcome 1: Develop 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. 100 words)
b. Describe the key roles of a business plan in creating a new venture (Max. 100 words)
c. Identify and explain the components/elements of a business plan. Illustrate each component/element with examples. (Max. 1000 words)
d. Explain the reasons that make business plans fail. (Max. 400 words)
Report Summary
- Present a very brief account of the ‘body'/Briefly restate the information presented in the main text (Max. 60 words)
Referencing: The work must be referenced
- At least 8 citations including internet sources, websites, journal articles etc.
- CU Harvard Referencing
Attachment:- Entrepreneurship and New Venture Creation.rar