Demonstrate an understanding of the theories surrounding SME development/growth/survival and how they relate to the wider environment of business support and economic develo
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Assessment II: Individual Essay: 70%, 2000 words (+/- 10%) excluding references
Main Objective of the assessment
- Demonstrate an understanding of the theories surrounding SME development/growth/survival and how they relate to the wider environment of business support and economic development.
- Develop and evaluate business plans taking into account issues such as time management, business/market research, team management (including co-ordination and delegation), and presentation skills.
Personal reflection and evaluation
Q.1 - What was the biggest challenge for you when engaging in the (business plan) team work, do you feel that you could contribute more in a future team, in which aspect, why?
- This is always about you, not your team. Suggest choosing the hardest challenge from the formulation of the business plan (from the beginning to the end)
- How did you overcome; your role or contribution
- What did you learn about team work. E.g. leadership, time management, communication, cultural difference management related to a team etc. (please draw on relevant theories.)
(how have you been involved in this team (how did you learn- provide examples)
Q.2 - Please focus on one or two entrepreneurship theories learned from this module, particularly in term 2, and explain how these theories improved your understanding of entrepreneurship?
- Available topics
- Entrepreneurial process Entrepreneurial growth & exist strategies
- Legal issues Creativity and entrepreneurship
- Types of entrepreneurship Innovation and intellectual property management
- The psychology of the entrepreneur Entrepreneurial networks and the small business
- Role of government in entrepreneurship entrepreneurship and economic development
- Internationalization and entrepreneurial business
(use two theories and read widely lecture notes will not be enough)
(provide evidence for argument to reflect your involvement in project or existing entrepreneurships – very critical analysis)
Q.3 – How do you know yourself as a potential entrepreneur?
- what is taught you about yourself and your potential to be and entrepreneur (through business plan, and entrepreneurial theories)
- what it taught you about yourself and your role in a new venture.
(what it told you about yourself and on becoming an entrepreneur – provide evidence analysis yourself)