Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Financial Management Expert

ASSIGNMENT

Attempt all the tasks below:

Task 1

Academic commentators suggest that many entrepreneurs follow effectuation (descriptive) model as opposed to a causation (or prescriptive) model in setting up the  new venture.  Using appropriate business exs, academic concepts and models analyse this statement.

Task 2

Imagine you have created the new product or service. Using appropriate entrepreneurship models including management techniques and approaches design business plan which can be useful for launching your product and obtaining financial and managerial support from the potential backers. Make sure that you produce clear evidence to support the feasibility and viability of your venture.

Task 3

You have been expected to present your business concept. Prepare the brief paper to describe the key issues which you will highlight and emphasise in your pitch. Also identify the problems which you are likely to be asked by the Dragons and describe how you will deal with their problems and potential objections.

Guidelines for undertaking Assessment

Task 1

Your analysis must be grounded in appropriate academic literature and must provide clear evidence of independent critical evaluation

Task 2

1) Business Description – Must provide the background and history of the business.  Also contain the goals as well as the product or services description being proposed. It also discusses the supplier information, agreements and ownership structure and legal considerations.
2) Business Opportunities – Must contain the potential customer, geographical area, business competitors.
3) Marketing Strategy – Must present the costing and pricing, sales projection, and marketing plan. 
4) Business Operations – Must include the operational function, services offered, and personnel.
5) Finances –Include the revenue, expenses, and financial projections.
6) People management skills  

Task 3

You have to identify critical issues which would generate interest. For ex:
• Product novelty
• Your background/team
• Potential market growth
• Your knowledge of market with evidence
• Results of your “test” market
• Your funding requirements with clear justification
• Your plan to deal with potential objections

Learning Outcomes to be Assessed:-

On successful completion of the assignment the students will be able to:

• identify and verify the driving forces in a new venture.
• analyse that how successful entrepreneurs or investors create, find, and distinguish profitable and durable opportunities; in particular, how they tell these opportunities apart from just “other good ideas”.
• estimate and determine how successful entrepreneurs and investors create and build value for themselves and others.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M9731

Have any Question? 


Related Questions in Financial Management

Let ptnbspbe the observed market price of an asset which is

Let P t  be the observed market price of an asset, which is related to the fundamental value of the asset  via Eq. (5.9). Assume that ?  =  -  -1  forms a Gaussian white noise series with mean zero and variance 1.0. Supp ...

Now consider similar questions of the previous exercise for

Now consider similar questions of the previous exercise for individual stock returns. We use the daily simple returns of Dell stock in this exercise. (a) Is there a Friday effect on the daily simple returns of Dell stock ...

Question 11if markets are efficient the difference between

QUESTION 1 1. If markets are efficient, the difference between the instrinsic value and the market value of the comapny's security is: •positive •negative •zero QUESTION 2 1. Semi-strong-form efficient markets are not we ...

Walking down an unfamiliar street one day you come across

Walking down an unfamiliar street one day, you come across an old-fashioned candy store. They have red hots five for one penny, and rock candy-one small piece for one penny. You decide to purchase some for yourself and y ...

The question is is there any trade off between corporate

The question is: Is there any trade off between corporate social responsibility and financial performance. The final resale of this assignment should give a clear answer of the above question if there is relation or not ...

See the cash flow statement below for h j heinz hnz all

See the cash flow statement below for H. J. Heinz (HNZ) (all values in thousands of dollars) a. What were Heinz's cumulative earnings over these four quarters? What were its cumulative cash flows from operating activitie ...

Jessie bought a share of stock for 100 she borrowed 50 from

Jessie bought a share of stock for $100. She borrowed $50 from her broker. There is a 25 percent maintenance margin requirement established by the brokerage firm she does business with. The price of the stock falls to $8 ...

The text web site provides data on rates of return for

The text Web site provides data on rates of return for selected mutual funds. Choose 20 actively managed funds and rank them by their average returns over the period 2000- 2004. Then rank the same funds by their average ...

Explain the nature of the exchange-rate risk for each of

Explain the nature of the exchange-rate risk for each of the following, from the perspective of the U.S. firm or person. In your answer, include whether each is a long or short position in foreign currency. a. A small U. ...

A tropical country can produce winter coats but there is no

A tropical country can produce winter coats, but there is no domestic demand for these coats. Explain how this country can gain from free trade in winter coats.

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate