Highlights
THE COURSEWORK ADDRESSES THE FOLLOWING LEARNING OUTCOMES:
1. Understand entrepreneurship and entrepreneurial ability.
2. Know how to create and evaluate entrepreneurial business idea.
TASK 1 –
Understand self-analysis in the context of entrepreneurial career.
1.1: Define the terms of ‘Entrepreneur’ and ‘Entrepreneurship’ briefly.
1.2: Conduct your self-analysis for entrepreneurial abilities by developing a SWOT.
Assessment Criteria
1.1: Define the terms ‘Entrepreneur’, Entrepreneurship, opportunity assessment and creativity
1.2: Conduct your self-analysis for entrepreneurial abilities
1.3: Identify your strengths and weaknesses using a SWOT analysis
TASK 2 –
Develop critical thinking skills for innovative business ideas and evaluate an entrepreneurial business idea.
2.1: Develop a mind map of creative thinking skills and attributes required by entrepreneurs.
2.2: Suppose you are analysing a potential business idea of your own choice to start a new business in future. You need to justify that your business idea is ‘innovative’ using logical argument and briefly explain the reasoning behind the chosen business idea.
Assessment Criteria
2.1: Create a mind map of creative thinking skills and attributes required by entrepreneurs.
2.2: Justify your business idea to an innovative using logical argument.
2.3: Explain the reasoning behind the business idea.
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