ENL 4183 SEGi University Key Features of Entrepreneurial Thinking Paper

User Generated

Qreevpx1517

Business Finance

ENL 4183

SEGi University

ENL

Description

around 1500 words ,must be completed in accordance with the requirements in the Word document

turnintin no more then 20%

Unformatted Attachment Preview

PROGRAMME : BACHELOR OF ACCOUNTING (HONS) / BACHELOR OF ACCOUNTING & FINANCE (HONS)/ BACHELOR OF BUSINESS MANAGEMENT (HONS) Course/ ENL4183 Entrepreneurship BAF & BAC Module: SEGI Course Code: ENL4183 UCLAN Module Code: ACXXXX (if applicable) Lecturer name: DR MEHRUNISHAH Coursework Submission Date: BEGUM Alternative Assessment – (27.04.2020 12.05.2020, 5.00pm) ASSESSMENT METHODS Number of Assessments Form of Assessment 1 Alternative Assessment (Essay) % Size of weighting Assessment/Duration/ Word count 50% 2000 words Category of assessment Coursework (Individual) Learning Outcomes being assessed 1, 2, 3 & 4 COURSEWORK Regulations Students must submit all materials supporting their coursework listed in the deliverable section. ▪ Please make sure that you are aware of the rules concerning plagiarism. If you are unclear about them, please consult your program coordinator/lecturer. Plagiarism is presenting somebody else’s work as your own. It includes: copying information directly from the Web or books without referencing the material; submitting joint coursework as an individual effort; copying another student’s coursework; stealing coursework from another student and submitting it as your own. Suspected plagiarism will be investigated and if found to have occurred will be dealt with according to the procedures set down by the SEGi University/ UCLAN. ▪ Students will have 2 Plagiarism policies in place – double award students the UCLAN Plagiarism policy will override SEGi Plagiarism Policy. The appended table provides the summary of the 2 policies. UCLAN Plagiarism Policy Single offence – 0 marks – affected assessment to be re-submitted and student can only secure pass mark Repeat offended – 0 marks and no opportunity to re-submit – student can retake courses ▪ SEGi Plagiarism Policy Minor Plagiarism: poor in-text referencing and few paragraphs being copied – stern warning and or counseling Moderate Plagiarism: copying some paragraphs and results without in-text referencing – awarded next lower grade Major Plagiarism; Most of the work is copied and cases of repeat minor and major plagiarism – Fail and re-take or suspension or dismissal The coursework should exhibit formal research skills i.e. with a table of content, proper citations, references, and appendixes. Page 1 of 7 PROGRAMME : BACHELOR OF ACCOUNTING (HONS) / BACHELOR OF ACCOUNTING & FINANCE (HONS)/ BACHELOR OF BUSINESS MANAGEMENT (HONS) ▪ The coursework write up must be able to demonstrate critical analysis and application of both theory and practical issues to the company that you have selected. ▪ Student may include additional relevant data/information apart from the proposed guidelines in conjunction to your research. Additional marks will be awarded for such attempt. ▪ All written reports MUST be submitted for similarity checks to Turnitin. ▪ Extensions Authorization of the late submission of work requires written permission. Your lecturer is authorized to give permission for one extension period of between 1 and 10 working days where appropriate evidence of good reason has been accepted and where submission within this timescale would be reasonable taking into account your circumstances. Requests for extensions should be made prior to the submission date as extensions cannot be given retrospectively. ▪ Late submissions If you submit work late without authorisation, a universal penalty will be applied in relation to your work. The appended table summarises the SEGi/UCLAN penalties. SEGi/UCLAN Penalties Submission within 5 working date following published deadline – given a pass (50 marks for the component of assessment) Submission later than 5 working days – awarded 0 marks for the component Unauthorised late submission at supplementary will be automatically be awarded 0marks for the component assessment Page 2 of 7 PROGRAMME : BACHELOR OF ACCOUNTING (HONS) / BACHELOR OF ACCOUNTING & FINANCE (HONS)/ BACHELOR OF BUSINESS MANAGEMENT (HONS) Learning Outcomes tested ▪ ▪ ▪ ▪ LO1 : Demonstrate knowledge on principles of entrepreneurship and corporate entrepreneurship LO2 : Construct creative business idea, entrepreneurial strategy and develop business plan LO3 : Appraise the internal ,external sources of capital and formulating growth strategies LO4 : Demonstrate awareness and apply knowledge on legal issues and intellectual property Assessment Criteria : Students must demonstrate the ability to: ▪ Work as an individual to research, write and structure a report that looks at auditing standards, regulatory and ethics and analyze the implications. ▪ Assess the Internal control system of any business or public organization. ▪ Synthesize theoretical material with practical and actual trends to generate proper discussions and critique. ▪ Apply critical thinking, analytic, communication and team building skills through interview, group presentation, problem solving and discussions. Page 3 of 7 PROGRAMME : BACHELOR OF ACCOUNTING (HONS) / BACHELOR OF ACCOUNTING & FINANCE (HONS)/ BACHELOR OF BUSINESS MANAGEMENT (HONS) COURSEWORK QUESTION Alternative Assessment (100%) Main Task Answer all questions. Please critically discuss the theme and issues using a broad range of credible sources in Essay format of 500 + - words per question. Use examples or case studies to illustrate your answer. Your answers must include definitions, concepts and relevant theories. Question 1(25%) Entrepreneurial thinking is described as one of the most relevant skills for the 21stcentury workforce (Bacigalupo, Kampylis, Punie, & Brande, 2016).There are key differences in entrepreneurial thinking which are often drawn to making decision in highly uncertain environment, pursuing opportunities, innovation and new value creation. Explain. Question 2(25%) Different types of intellectual property are providing protections by different means so as other legal issues. Discuss how entrepreneurs could prevent others from copying their ideas invention and protect themselves from any infringement. Question 3(25%) There are various growth strategies in business that could be adopted for business expansions. Compare and contrast the main growth strategies that could be adopted by entrepreneurs in expanding the business. Support your answer with relevant examples. Question 4 (25%) “The best leaders can anticipate the future by recognizing the most important business shifts before these early-stage changes become widely recognized trends by everyone else. These leaders are said to be visionary. Their businesses create new products and services and establish new markets and industries--think Tesla, Ford, Branson and Jobs”. Appraise some of the key business trends that could be adopted by entrepreneurs for business start-ups. Task(s) assigned: (a) This is an individual assessment and submit the outcome in a written (computer typed) essay via the BLACKBOARD. (b) No hardcopies will be entertained. Details of submission are stated in this document. Page 4 of 7 PROGRAMME : BACHELOR OF ACCOUNTING (HONS) / BACHELOR OF ACCOUNTING & FINANCE (HONS)/ BACHELOR OF BUSINESS MANAGEMENT (HONS) (c) Ensure that the Similarity Score is expected to be NOT more than 25% and each reference should not exceed 2%. Failure to which marks will be penalized accordingly. (Total: 100 marks) Note: Refer Appendix 1 for the remaining marks allocation. The total marks for this assignment is 100% but it carries 50% of overall assessment for this module. * The detailed marking criteria’s for the allocation of 100 marks is provided in Appendix 1 LENGTH REQUIRED 1500 words +/- 10%. Any deviation from this will be penalized. FORMATTING AND LAYOUT • • • • • • A Microsoft Office Word Document or other relevant applications as permitted by module lecturer/ typed using computer. Usage of typewriter or hand - written is STRICTLY not allowed. 12 font size, Time New Roman font and bold title and sub titles A4 sized paper Fully justified alignment 1½ line spacing Margins of 1” at top and bottom; left and right Page 5 of 7 PROGRAMME : BACHELOR OF ACCOUNTING (HONS) / BACHELOR OF ACCOUNTING & FINANCE (HONS)/ BACHELOR OF BUSINESS MANAGEMENT (HONS) Appendix 1: Marking Criteria for Essay (100%) No. Assessment Criteria Question Your explanation should include the following aspects: 1.0 1.1 The definition of the key concepts 1.2 Explain at least FIVE (5) the key differences in entrepreneurial thinking with relevant examples Word Count Weightage 500 25% 2.0 2.1 The definition of the key concepts 2.2 Discuss at least FIVE (5) types of intellectual properties and legal issues with relevant examples 500 25% 3.0 3.1 The definition of the key concepts 3.2 Compare and contrast at least FIVE (5) the main strategies for business expansions 4.1 The definition of the key concepts 4.2 Appraise at least FIVE (5) key business trends for the next decade with relevant examples 500 25% 500 25% 4.0 Good marks will be awarded based on the relevant answers and examples provided where necessary into your discussion. In addition, your discussion should including the following: • Appropriate citations and adequate scholarly research. • Readability including proper organization of answers. • Cover page (image form), mark sheet (image form), table of content (image form) proper heading/title for each part answered, list of references (Use APA referencing system) Total marks Overall Marks Marks Allotted by Lecturer 100 % 50 % Page 6 of 7 PROGRAMME : BACHELOR OF ACCOUNTING (HONS) / BACHELOR OF ACCOUNTING & FINANCE (HONS)/ BACHELOR OF BUSINESS MANAGEMENT (HONS) Page 7 of 7
Purchase answer to see full attachment
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Attached.

1

Running head: ENTREPRENUERSHIP

ENTREPRENUERSHIP
INSTITUTIONAL AFFILIATION
DATE

2

ENTREPRENUERSHIP
Question One
Entrepreneurial thinking can be referred to as the ability to identify different
opportunities within a marketplace and come up with the necessary strategies to utilize these
opportunities in the most efficient way (Van Vuuren, 2007). Although entrepreneurial thinking
may not always be an inherent trait, it can easily be cultivated and improved over time.
Entrepreneurial thinking has, in most cases, proved to be somewhat of a superior skill than

critical thinking on the business front. The success of various startup companies, especially in the
technology sector, has been attributed to entrepreneurial thinking.
This discussion will provide a brief insight into the key features of entrepreneurial
thinking that are applied when looking for solutions to various business-related problems. When
evaluating these features, we shall draw comparisons between entrepreneurial thinking and other
traditional business tools such as critical thinking, looking at how entrepreneurial thinking
presents itself as a more superior asset compared to these other tools. When implementing
entrepreneurial thinking skills, an entrepreneur is equipped with a heightened level of awareness
that enables him/her to make timely decisions, unlike when he/she chooses to apply critical
thinking skills. (Van Vuuren, 2007). As businesses strive to reduce risk while at the same time
broaden their profit share, they should be careful not to instill this culture to their employees
either directly or indirectly. This traditional business thinking gives entrepreneurs a tunnel vision
that limits their objectives to only making profits. Employing entrepreneurial thinking broadens
the scope of an entrepreneur where despite viewing profit-making as a necessary outcome,
he/she looks to create value while at the same time being an asset to the industry as a whole.
Entrepreneurs applying this thinking often desist from exploiting consumers in the market and
instead look to solve existing problems using new approaches.
The primary distinguishing factor between a traditional business approach and an
entrepreneurial approach is in the risk outlook among these two factions (Van Vuuren, 2007).
The conventional business thinking classifies risk as a fragile business factor that has to be
mitigated and managed at ...


Anonymous
Super useful! Studypool never disappoints.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Similar Content

Related Tags