You will be able to develop your understanding of entrepreneurial opportunities/ideas, their value propositions and how to exploit these for success
Assessment from 2 parts.First )
must decide on an entrepreneurial opportunity for a business start-up. works on all 7 domains. The formative assessment is a video and a report
second )power point presentation (10 minutes)(no voice )just subtitles )based on business start up work.
Brief introduction to module:
Entrepreneurship has traditionally been defined as the process of designing, launching and running a new business, which typically begins as a small business, such as a start-up company, offering a product, process or service for sale or hire. Small businesses are a vital and growing part of the UK economy, many with a global context. This module focusses on what is an entrepreneurial opportunity and how to turn it into a successful business venture. You will learn about: different forms of entrepreneurial activity; key stages and elements of new venture creation; entrepreneurial skills and behaviours; opportunity recognition and assessment; value proposition; success factors and developing your entrepreneurial skills.
Module learning outcomes
- Knowledge outcome – You will be able to develop your understanding of entrepreneurial opportunities/ideas, their value propositions and how to exploit these for success
- Intellectual /transferable skills outcome – You will be able to consider a complex entrepreneurial issue and propose feasible alternative options for consideration.
How the module develops Business Readiness
I am developing the application of knowledge to practice, considering commerciality and markets and am practising my communication and presentation skills. I am developing my curiosity and developing knowledge of entrepreneurial skills, learning to apply them in creating a new venture. I understand how to act entrepreneurially through idea generation and to problem solve by identifying gaps in current markets. I am learning to identify important entrepreneurial opportunities in markets around the world and develop my understanding of the process of generating ideas and their value propositions.
Overview - There is one marked final summative assessment in this module (consisting of 2 tasks). Both elements must be submitted to pass the module.
(See assessment guidelines for video and report below)
Students work individually and must decide on an entrepreneurial opportunity for a business start-up. Each student works on all 7 domains. The formative assessment is a video and a report. (See assessment guidelines for video and report below)
The report should include a bibliography.
Summative assessment (100% marks)
The formative assessment is developed further to produce the final video and report
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