MPM755 : Building Success In Commerce - Learning Outcome - Building Success In Commerce Assessment Help

Internal Code :1AJEGD

Building Success Assessment Help

TASK  Many people have business ideas which translate into successfully enterprises. However, the failure rate for new business ventures is high, with Forbes US reporting a commonly accepted failure rate of 80% within the first 18 months. Assuming your group had $20,000 (AUD) in start-up capital, the brief is for students to apply their knowledge and ideas in a critical and disciplined way to research and propose a new small business venture. report style format, the team will need to: 1. Provide research evidence on market characteristics and business success factors in the selected industry in which their proposed business opportunity will be established. 2. Develop a structured business proposal to encompass both real-world thinking and specialised discipline knowledge. 3. Refer to and integrate theory and research data in developing the business proposal. 4. Develop a complementary website to define, explain and promote their business. 5. You will also need to develop a ‘Lean Canvas’ as a pre-cursor to your formal business plan. 6. Document / record your application of brainstorming and / or the application of design thinking principles. 7. The submission must be accompanied by a written statement identifying the role that each team member and confirming that every individual’s effort and involvement was equally distributed across the task to the satisfaction of the group. 8. Endnote should be used to capture and manage citations, of which there should be no fewer than twenty and a screenshot of the Endnote file needs  to accompany the assignment submission. 9. A screenshot of three search exercises using Business Source Complete needs to accompany the assignment submission.