Develop your new business idea or opportunity

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Reference no: EM132732451 , Length: word count:1800

Assessment : New enterprise idea and feasibility study

Task Description
This is an individual assignment that requires you to write an essay of 1800 words +/- 10%.

Purpose
This assessment item provides you the opportunity to learn how to identify and analyze an idea or opportunity for a social or commercial enterprise using your understanding of theoretical concepts covered in this Unit. The assessment aims to develop your critical thinking, research and written communication skills. You can choose to develop an idea or opportunity and feasibility analysis for a social enterprise or a commercial enterprise. Overall, the purpose of this assignment is to appreciate the importance of entrepreneurship and innovation within society.

Task details
This assignment requires you to identify a new social or commercial enterprise Idea that has potential to be launched as a successful social or commercial enterprise in-future. You are required to:

1. Provide a brief description of your new business idea or opportunity.

2. Discuss the process you followed to develop your new business idea or opportunity.

3. Review academic literature in this area and describe the skills needed to be a successful entrepreneur.

4. Evaluate the viability of your social or commercial enterprise through a feasibility study.

5. Review academic literature in this area and examine the importance of your social or commercial enterprise idea within society.

Attachment:- Enterprise idea and feasibility study.rar

Reference no: EM132732451

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