BUS8406 Entrepreneurship
Assignment 2: Project
The assignment covers Learning Outcomes 2 & 3
1. Critically analyse the entrepreneurial ecosystem
2. Critically investigate typical components of a business model and evaluate that business model
3. Recommend strategies for minimizing and managing risk and making informed and ethical decisions in ambiguous situations.
For this task (Task 3) \u2013 you are required to think as an entrepreneur. You are planning to start your own business. However, before starting your venture, you must identify potential risks you might encounter in the future. Identify the most important four risks. Explain your reasons for this incorporating the risk matrix. Then, detail your risk management strategy (managing and minimising) for each risk.
Furthermore, you are required to outline three ethically ambiguous business scenarios that you might encounter in the future. Outline each of these scenarios. Facing these situations, you must make decisions that are ethically sound. Explain the process in detail of how, you\u2019ll reach ethical decisions, incorporating an ethical decision-making model, in these ambiguous business circumstances.
Due Date 11 September 2023 at 11.59 pm
Word Lengths 2500
Weightings 35%
Style \/ Format Analysis & Case Study
Mode Individual
Turnitin
Requirement All assignments need to comply with the WelTec\/Whitireia Academic Integrity Policy, including the work that must be your own. All assignments must be submitted to Turnitin and may be further investigated by your tutor.
Marking Criteria Please refer to the rubrics.
Assessment
Return \u00b1 Two weeks
References, Organisation, and Language
The report is expected to be logical, meaningful, and correctly referenced. There should be a clear, a well- planned argument without waffling or padding.
Paragraphs must be arranged inductively (arguing) and constructed logically. Support your argument with reasoning, research, examples, and references.
Sentences are constructed correctly. The spelling is good. Apostrophes, punctuation, capitals, etc., are used appropriately.
Good to
Excellent 80-100 % \u2022 The relevant concepts, theories, and techniques are well explained and analysed.
\u2022 Entrepreneurial ecosystem is critically analysed and components of a business model are critically investigated, and the business model is evaluated.
\u2022 Recommended strategies for minimizing and managing risk and making informed and ethical decisions are based on research and well-justified.
\u2022 Clear explanation of the concepts.
\u2022 Comprehensive coverage and analysis of relevant issues.
\u2022 There is a focus on the most important aspects.
\u2022 Ideas developed; points linked and justified.
\u2022 Logical and clear presentation.
\u2022 Content relevant to the topic.
\u2022 Convincing for the reader.
\u2022 All sections integrated \u2013 read as one piece.
\u2022 Well structured: correct format; accurate expression.
\u2022 Research is based on various peer-reviewed information sources. Significant facts are interpreted and evaluated from alternative points of view.
\u2022 Sources of information are appropriately cited so that the audience can determine the credibility and authority of the information presented (peer-reviewed sources).
\u2022 All sources of information are identified and credited using APA citations throughout the presentation.
Satisfactory 65-79% \u2022 The concepts, theories, and techniques are mostly explained and adequately analysed.
\u2022 The entrepreneurial ecosystem is mostly critically analysed.
\u2022 Most components of a business model are critically investigated, and the business model is evaluated.
\u2022 Recommended strategies for minimizing and managing risk are mostly well-justified.
\u2022 Recommended strategies for making informed and ethical decisions are mostly based on research and are mostly welljustified.
\u2022 Covers most issues, with few errors or irrelevant points.
\u2022 Content mostly relevant.
\u2022 Most parts are convincing for the reader.
\u2022 Attempts to develop ideas; links and justifies points.
\u2022 Findings are generally sound but with some flaws.
\u2022 Well structured: mostly correct format; accurate expression.
\u2022 Relevant information from multiple sources on information, the relevant information is evaluated and synthesized with some flaws.
\u2022 Most sources of information use proper APA citation, and sources are documented to make it possible to check on the accuracy of information.
Needs
Improvement 50-64% \u2022
\u2022 Few attempts at analysis, described with mistakes.
Format isn\u2019t correct.
\u2022 Covers not enough issues and contains some errors or irrelevant points, or weak arguments.
\u2022 Ideas stated rather than developed.
\u2022 Few parts convincing for the reader.
\u2022 Satisfactory structure but may contain some instances of incorrect formatting and inaccurate expression.
\u2022 Misinterpreted statements failed to identify relevant arguments.
Below standard 40% – 49% \u2022 No reflection or analysis at all, only a basic description or incomplete description.
\u2022 The format is not correct.
\u2022 Some correct and valid points but many errors, gaps, or irrelevancies unrelated to the topic.
\u2022 Does not develop ideas.
\u2022 Poorly structured regarding formatting and expression.
\u2022 Misinterpreted statements failed to identify relevant arguments.
\u2022 Four or fewer resources were used, and alternative points of view are ignored.
\u2022 No way to check the validity of the information.
Very weak 0% \u2022 Contains nothing of merit.
\u2022 Five or fewer resources were used, and alternative points of view are ignored.
\u2022 No way to check the validity of the information.<\/p>\n","protected":false},"excerpt":{"rendered":"
BUS8406 Entrepreneurship Assignment 2: Project The assignment covers Learning Outcomes 2 & 3 1. Critically analyse the entrepreneurial ecosystem 2. Critically investigate typical components of a business model and evaluate that business model 3. Recommend strategies for minimizing and managing risk and making informed and ethical decisions in ambiguous situations. For this task (Task 3) … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-19627","post","type-post","status-publish","format-standard","hentry","category-essaywr"],"_links":{"self":[{"href":"https:\/\/academicwritersbay.com\/writings\/wp-json\/wp\/v2\/posts\/19627","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/academicwritersbay.com\/writings\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/academicwritersbay.com\/writings\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/academicwritersbay.com\/writings\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/academicwritersbay.com\/writings\/wp-json\/wp\/v2\/comments?post=19627"}],"version-history":[{"count":0,"href":"https:\/\/academicwritersbay.com\/writings\/wp-json\/wp\/v2\/posts\/19627\/revisions"}],"wp:attachment":[{"href":"https:\/\/academicwritersbay.com\/writings\/wp-json\/wp\/v2\/media?parent=19627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/academicwritersbay.com\/writings\/wp-json\/wp\/v2\/categories?post=19627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/academicwritersbay.com\/writings\/wp-json\/wp\/v2\/tags?post=19627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}