Ask Question, Ask an Expert


Ask Financial Management Expert


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

Suppose that the sampp 500 with a beta of 10 has an

Suppose that the S&P 500, with a beta of 1.0 has an expected return of 10% and T-bills provide a risk-free return of 4%. a. How would you construct a portfoilo from these two assets with an expected return of 8%? Specifi ...

Apocalyptica corporation is expected to pay the following

Apocalyptica Corporation is expected to pay the following dividends over the next four years: $6.50, $17.50, $22.50, and $4.30. Afterward, the company pledges to maintain a constant 5 percent growth rate in dividends, fo ...

Asume that you have a liability portfolio of duration

Assume that you have a liability portfolio of Duration = 5.125 years and a yield to maturity of 8.50%. If interest rates decrease by 1.0%, what would you expect to be the percentage change in the price?

In addition to the key words you should also be able to

In addition to the key words, you should also be able to define each of the following terms: Publication Manual of the American Psychological Association plagiarism author note subjects subsection participants subsection ...

Your brother wants to buy a new truck he likes the new

Your brother wants to buy a new truck. He likes the new Toyota Tacoma with an asking price of $33,000. He will trade-in his Malibu for $4,000 and will finance any loan at 6.5% over a 5-year period. Your brother also does ...

Benson enterprises is deciding when to replace its old

Benson Enterprises is deciding when to replace its old machine. The machine’s current salvage value is $1.2 million. Its current book value is $1 million. If not sold, the old machine will require maintenance costs of $4 ...

A stock with a required rate of return of 10 percent sells

A stock with a required rate of return of 10 percent sells for $30 per share. The stocks dividend is expected to grow at a constant rate of 7 percent per year. What is the expected year-end dividend , D1 on the stock?

Case problem 151 t jrsquos fast-track investments interest

Case Problem 15.1 T. J.’s Fast-Track Investments: Interest Rate Futures T. J. Patrick is a young, successful industrial designer in Portland, Oregon, who enjoys the excitement of commodities speculation. T. J. has been d ...

Describe what the differences are between the firms

Describe what the differences are between the firm's operating cycle and its cash conversion cycle? Which one do you think would be more important than the other to you as a business/company owner and why did you form th ...

Suppose that the us firm alcoa sells 2 million worth of

Suppose that the U.S. firm Alcoa sells $2 million worth of aluminum to a British firm. If the exchange rate is currently $1.50 = £1 and the British firm will pay Alcoa £1,333,333.33 in 90 days, answer the following quest ...

  • 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

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro