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UNDERGRADUATE ASSIGNMENTSPECIFICATION Programme:BABSModule Level (3,4,5 or6):6Module:EntrepreneurshipModule code:Contribution to Overall Module Assessment (%):100%Assignment No(s):Assignment 1: Individual Report (50%)Assignment 2: Individual Case Study Analysis (50%)Assignment Title(s):Lecturer:Internal Verifier:Hand Out Date:Submission deadline:Feedback deadline:1Referencing:In the main body of your submission you must give credit to authors on whose research your work is based. Append to your submission a reference list that indicates the books, articles, etc.that you have read or quoted in order to complete this assignment (e.g. for books: surname of author and initials, year of publication, title of book, edition, publisher: place of publication). Disclosure: Please include the following statement on the title page of the submitted assignment, followed by your name: I declare that this assignment is all my own work and that I have acknowledged all materials used from the published or unpublished works of other people. All references have been duly cited.Turnitin: All assignments must be submitted to Turnitin unless otherwise instructed by the Lecturer. Note: the Turnitin version is the primary submission and acts as a receipt for the student. Latesubmission of the electronic version of the assignment will result in a late penalty mark. Penalties forlate submission: Up to one week late, maximum mark of 50%. Over one week late, Refer. YESXNO1
Learning Outcomes tested(from module syllabus)Assessment Criteria To achieve each outcome a student must demonstrate the ability to:1.Analyse how successful entrepreneurs and investorscreate, find, and differentiate profitable anddurable opportunities; in particular, how they tellthese opportunities apart from just “other goodideas” 2.Evaluate and determine how successfulentrepreneurs and investors create and build valuefor themselves and others.3.Identify and determine the necessary financial andnon-financial resources available for new ventures;the criteria used to screen and evaluate proposals,their attractiveness and risk, and know how toobtain start-up and early growth capital4.Determine the critical tasks to be accomplished, thehurdles to be overcome during start-up and earlygrowth, and what has to happen to ensure success 5.Apply the opportunity screening criteria to actualstart-up ideas, and subsequently develop a businessplan suitable for presentation to investors andindustry participants, whilst developing andanalysing integrated financial projections for start-up ventures.Students will be able to analyse how entrepreneursevaluate an idea, capitalise on it and createopportunities for themselves.Entrepreneurs face risks .Students will have toevaluate the strategies that need to be undertakenby entrepreneurs to overcome the risks andbecome successful so that they can create andbuild value for themselves and investors.2
TASK DESCRIPTION – ASSIGNMENT 1: INDIVIDUAL REPORT (50%)BACKGROUND / INTRODUCTION‘Should you decide to approach venture capitalists, and by some miracle should they agree to back you,then I urge you to seek the finest legal advice that your money can buy for the ensuing negotiations. Justone sentence, even a phrase, within the initial contract can make all the difference in the world to theoutcome a few years down the road.’ Felix Dennis (2007), ‘How to get rich – The distilled wisdom of one ofBritain’s wealthiest self made entrepreneurs’, Ebury Press, page 83.TASKSCritically examine and discuss the above statement in relation to the use of venture capitalists as asource of business finance in the start up phase of a new entrepreneurial venture. Use a specificstart up venture of your choice as a vehicle for the critical examination and discussion. Agree youridea with your Lecturer at least 4 weeks before Assignment submission.Your answer should focus on following areas;Critically discuss the need for venture and working capital for start up enterprises.Consider the different forms of business finance available to the start up entrepreneur.Critically evaluate and discuss the advantages and disadvantages of using venture capitalistorganisations as a source of funds.Critically examine the salient issues of entering into negotiations with venture capitalists.Critically examine and discuss the specific statement given in the question.Use a start up idea of your choice as a vehicle for discussion.LENGTH REQUIRED2500words +/-10%, any deviation from this will be penalised.Please ensure that your report has A table of contentsA list of figures and/ or list of tables where appropriateIntroduction Literature Review- and Critical Analysis Conclusions and RecommendationsReferences / Presentation BibliographyAppendices if appropriate3
FORMATTING AND LAYOUTPlease note the following when completing your written assignment:1.Writing: Written in English in an appropriate business/academic style2.Focus: Focus only on the tasks set in the assignment.3.Length: 2500 words4.Formatting: Typed on A4 paper in Times New Roman or Arial font 12 with at least 2.5 centimetre space ateach edge, double spaced and pages numbered.5.Document format: Report6.Ensure a clear title, course, and name or ID number is on a cover sheet and a bibliography using Harvardreferencing throughout is also provided.7.Research: Research should use reliable and relevant sources of information e.g. academic books and journalsthat have been peer reviewed. The research should be extensive. The use of a range of information sources is expected – academic books, peer reviewed journal articles,professional articles, press releases and newspaper articles, reliable statistics, company annual reports and othercompany information. All references should be in the Harvard style.4
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