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MGMT2224 - Introduction to Entrepreneurship and Business Plan - Management Assignment Help

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Added on: 2021-07-10 07:11:33
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Question Task Id: 330060
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Relevant Course Objectives:



• Describe how attitudes, competition, financial management, preparation and people management impact the success and failure of entrepreneurs


• Identify key entrepreneurial theories and link the theories to successful entrepreneurial practice


• Describe the process of identifying, developing and implementing a business idea


• Outline the principles and processes of strategic management


• Examine the critical elements of an effective business plan


• Compare and contrast forms of business ownership based on their features, advantages and disadvantages



• Assess the viability of a business venture from idea conception to implementation of the business plan


• Develop a strategic plan which will build a competitive advantage for a new business venture


• Develop an effective strategic business plan that will lead to the successful startup of a new entrepreneurial venture


• Construct and verbally communicate an effective business plan to acquire financing for a new business venture


• Create a marketing plan which will attract customers to a business and foster a competitive edge for a new business venture


• Prepare financial plan and statements for the financial management of a new or existing business venture


• Justify the need for entrepreneurs based on their contributions to job creation in a Society


• Value constructive criticism in decision-making for assessing entrepreneurial business ideas


• Relate your acceptance of entrepreneurial ideas that are beneficial to an organization



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