BUS 521 Effective Communication/tutorialrank.com
- 1. BUS 521 Week 3 Assignment 1 Business Plan Part I – Business Vision For more course tutorials visit www.tutorialrank.com Assignment 1: Business Plan Part I – Business Vision Due Week 3 and worth 180 points Note: Refer to scenarios and reading assignments from previous weeks to complete this assignment. Imagine you are hired by a new start-up company. You are tasked to recognize and explore a new business opportunity of creating a new product or service for your company. As part of your new business vision, you will create a business plan describing all keys elements of the business opportunity which will ultimately be presented to an executive team in a venture capital group for possible funding and execution. Part I of the business plan will describe your business vision you plan to undertake in your company.
- 2. Write a five to six (5-6) page in which you: 1. Compile a business vision about the type of product or service you think your company needs to develop. Next, describe the business values and corporate values that you want to create. 2. Determine the need for the new product or service. Next, provide an overview of the market you intend to enter, and defend why this market is ripe for the introduction of this product or service at this particular time. 3. Determine the type of business model you will use for your new business opportunity. Support your response. 4. Formulate a feasibility analysis, and determine whether the new product or service is feasible. Identify the roadblocks that you will likely face. 5. Evaluate the data from your analysis, considering the source and time period. Justify the future financial condition of your company. 6. Use at least three (3) quality resources in this assignment.Note: Wikipedia and similar Websites do not qualify as quality resources. Your assignment must follow these formatting requirements: Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
- 3. Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length. The specific course learning outcomes associated with this assignment are: Analyze the entrepreneurial process to determine where a company is in the process and how to implement change successfully. Examine entrepreneurial intentions and strategies to support entrepreneurship. Examine the creativity and business idea process, and the materialization of domestic and foreign market entry opportunities. Analyze the financial planning process for a new venture. Analyze the process of protecting the new venture idea and legitimizing it through a formalized business plan. Use technology and information resources to research issues in entrepreneurship and innovation. Write clearly and concisely about entrepreneurship and innovation using proper writing mechanics. ===============================================
- 4. BUS 521 Week 7 Assignment 2 Business Plan Part II – Competitive Analysis and Strategic Assessment For more course tutorials visit www.tutorialrank.com Assignment 2: Business Plan Part II – Competitive Analysis and Strategic Assessment Due Week 7 and worth 230 points Note: Refer to scenarios and reading assignments from previous weeks to complete this assignment. In Part I of your business plan, you explored a business opportunity for your company. You identified your business model, formulated your feasibility statement, and evaluated your data. In Part II, you will conduct a competitive analysis and strategic assessment of the proposed venture, balancing the possible risks and opportunities your company will face. In addition, you will provide the financial requirements for the venture capital group to evaluate. Write a seven to eight (7-8) page paper in which you:
- 5. 1. Conduct a competitive analysis in which you explain the sources of competition, the strengths of your competitors’ companies, and the other factors affecting your ability to compete. 2. Provide at least three (3) strategies and three (3) marketing tactics for attracting first-time customers. 3. Determine three to five (3-5) kinds of strategic positions that are available to you for your business plan. Next, determine the types of opportunities the strategic positions bring to your business both internally and externally. 4. Determine the key types of risks your business opportunity will face both internally and externally. Provide strategies to mitigate these risks. 5. Assess the different sources of funding available for funding entrepreneurial ventures in terms of the possible value they can bring to your venture. Next, explain the funding strategy your venture will undertake. 6. Create a report of operating costs required for your product or service venture, using the PlanningShop’s Business Plan Financial package. Note: The PlanningShop’s Business Plan Financial package can be found in the Student Center of the online course shell. 7. Prepare a break-even analysis in which you explain the report you created to the venture capital group. 1. Use at least three (3) quality resources in this assignment.Note: Wikipedia and similar Websites do not qualify as quality resources. Your assignment must follow these formatting requirements:
- 6. Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length. The specific course learning outcomes associated with this assignment are: Examine the creativity and business idea process, and the materialization of domestic and foreign market entry opportunities. Analyze the financial planning process for a new venture. Analyze the process of protecting the new venture idea and legitimizing it through a formalized business plan. Analyze different sources of capital to determine the appropriate financing for a business venture. Examine the marketing planning process for new ventures. Use technology and information resources to research issues in entrepreneurship and innovation. Write clearly and concisely about entrepreneurship and innovation using proper writing mechanics.
- 7. =============================================== BUS 521 Week 9 Assignment 3 Business Plan Part III – Business Initiative and Technology For more course tutorials visit www.tutorialrank.com Assignment 3: Business Plan Part III – Business Initiative and Technology Due Week 9 and worth 160 points Note: Refer to scenarios and reading assignments from previous weeks to complete this assignment. In Part III of your business plan, you will consider how your new business initiative will affect operations in your company. You will also evaluate different technologies and introduce the type of technology that will help you make a more efficient and high quality product or service. Write a four to five (4-5) page paper in which you:
- 8. 1. Analyze the options available for producing the product or service. Next, evaluate which of the available options you can take to streamline operations. 2. Determine how the product or service will meet consumer needs. 3. Assess at least three (3) types of technologies that will improve the quality of the product or service. Explain how the technologies will help enhance capabilities and customer loyalty. 4. Identify at least two (2) technology policies that will apply to the product or service initiative. Next, analyze three to five (3-5) ways how those policies that you have identified affect your product or service initiative. 1. Use at least three (3) quality resources in this assignment.Note: Wikipedia and similar Websites do not qualify as quality resources. Your assignment must follow these formatting requirements: Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
- 9. The specific course learning outcomes associated with this assignment are: Analyze the strategies for managing growth, the implications for growth, and sources for business growth. Use technology and information resources to research issues in entrepreneurship and innovation. Write clearly and concisely about entrepreneurship and innovation using proper writing mechanics. ===============================================