MGMT13151 New Enterprise Idea and Feasibility Study

Task:

The assignment 1 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 write an ESSAY of 1800 words covering the following points:

You may write in third person or even first person in your essay, if that helps you explain the idea better 

1.Provide a brief description of your idea or opportunity 

2.Identify the process you followed to develop your idea or opportunity 

3.Discuss the skills needed to be a successful entrepreneur 

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

5.Explain the importance of your social or commercial enterprise within society 

Objective of Assessment 1

1. Provide you the opportunity to learn how to identify and analyze an idea (opportunity) for a social or commercial enterprise using your understanding of theoretical concepts covered in this Unit during weeks 1-3

2. Give you the opportunity to enhance skills in critical thinking, research and written communication skills.

3. Overall, the purpose of this assignment is to appreciate the importance of entrepreneurship and innovation within society.