MAN3083 Individual Assignment 1 Brief
\nTitle: Entrepreneurial Opportunity Analysis
\nType: Video presentation
\nLength: Maximum 5 slides\/6 minutes
\nSubmission deadline: Wednesday 15
\nth March 2023 via Surrey Learn by 4pm.
\nWeighting: 30%
\n1. Assignment Overview
\nThroughout the Module we have been discussing the role of opportunity identification,
\ninnovation and entrepreneurial thinking in a new venture creation, where in your teams you
\nhad to brainstorm business ideas, and pick one to develop it further into a viable business
\nplan. While there are various approaches to business opportunities, its further analysis and
\nevaluation is a crucial step before bringing it to life.
\nThe purpose of this assignment is to outline your individual thinking and research into a
\nbusiness opportunity, and evaluate its viability through the application of theoretical concepts
\nand tools.
\n2. Learning Outcomes
\nAfter completion of this assignment, you should be able to:
\n\u2022 Develop an awareness and enthusiasm for new business venture creation (LO1)
\n\u2022 Critically assess and evaluate entrepreneurship theories\/tools\/models to new business
\nventure creation (LO2)
\n\u2022 Reflect critically on your learning (LO5)
\n3. Assessment brief
\nIn this assessment, you will need to submit a video presentation in which you are expected to
\nidentify an entrepreneurial opportunity and consider how this will be exploited in the market
\n(Problem-Solution Fit) through the application of relevant theoretical concepts and perspectives.
\nWhat you need to do:
\n1) Select and describe an entrepreneurial opportunity (ideally it should be the one you
\nare working on as a team, so that later you can consolidate your individual work for the
\ngroup Assignment 2, however, you can pick any other opportunity that you are personally
\ninterested in).
\n2) Evaluate the selected opportunity using Problem-Solution-Fit framework (please,
\nrefer to the Template provided below)
\n3) Reflect on the nature of the identified opportunity in terms of its origin,
\nentrepreneurialism, and innovativeness through the application of the relevant
\ntheories (please, refer to Weeks 1-3 of the Module Curriculum).
\n4) Superior Paper Help – Outline and discuss the critical steps of further idea development in line with the
\nadopted entrepreneurial strategy (please, refer to Week 4 of the Module Curriculum).
\nGuidance and – – Notes – essay service – (please, read carefully)
\n1. Select and describe an entrepreneurial opportunity (approx.1 min)
\nKeep this part brief and to the point. Clearly articulate the problem that you are trying to solve,
\nwho is experiencing this problem, and your solution that addresses this problem. Try to be
\nspecific about location\/platform, particular context, the value that you are creating, and for whom
\nthis value is created. There is no need to provide a detailed overview of your solution, but you
\nneed to explain how it works. To support the existence\/viability of this opportunity, please, draw
\non the evidence from your secondary research (e.g. from industry reports; government\/policy
\nreports\/documents; data platforms; publicly available social media forums; academic articles).
\nIf you are not part of the group, or disagree on the choice of the entrepreneurial opportunity, you
\ncan identify your own one. However, bear in mind that this assignment will contribute to the
\nAssignment 2, therefore, you might end up doing extra work, unless you proceed individually.
\n2. Evaluate the selected opportunity using Problem-Solution-Fit Framework (approx.
\n2 min)
\nYou are expected to present the filled in Problem-Solution-Fit template (please, see below) for
\nthe entrepreneurial opportunity that you identified. Please, remember that it is important to use
\nevidence to support your analysis (secondary data and\/or theory), especially where you are
\ntrying to establish the existence of the problem\/pains, their root causes, the assessment task profile of potential
\ncustomers, and other available solutions to the same problem. In the narrative of your
\npresentation, you do not need to comment on every single \u2018block\u2019 of the template, but could
\npresent the main logic, and highlight the key evidence\/arguments to support the viability of the
\nselected opportunity.
\n3. Reflect on the nature of the identified opportunity in terms of its origin,
\nentrepreneurialism, and innovativeness through the application of the relevant
\ntheories (approx. 2 min)
\nIn this part you need to demonstrate your understanding of the relevant theories and apply them
\nto practice. In particular, you need to reflect on where the selected entrepreneurial opportunity
\ncame from, what makes it \u2018entrepreneurial\u2019, and whether there is any manifestation of innovation
\n(and in which form). The justification and reference to the relevant theories and concepts are
\ncrucial here, where the core Curriculum and additional resources from Weeks 1-3 are expected
\nto be used.
\n4. Superior Paper Help – Outline and discuss the critical steps of further idea development in line with the
\nadopted entrepreneurial strategy (approx. 1 min)
\nFirst, you need to identify, articulate and justify a suitable entrepreneurial strategy\/approach to
\ndevelop the identified entrepreneurial opportunity. You can adopt one of the approaches
\n(methodologies) covered in Week 4, or anything else, based on your own research. Second, in
\nline with the selected approach (methodology) outline the key steps for your opportunity
\ndevelopment. You do not need to provide a high level of detail, but your understanding of the
\napproach and its application are crucial here. Where relevant, you can also discuss any
\ncontingencies\/assumptions\/caveats around the application of the selected approach and its \u2018fit\u2019
\nwith the selected opportunity and market environment.
\nPlease note, that the estimated length suggested above in brackets for each section is
\nindicative to help you structure your work, only the overall length will be considered by
\nthe markers.
\n– – Notes – essay service –
\n\u2022 Identify and use suitable evidence: theoretical literature (academic articles) where
\napplicable and relevant to the argument being made, and secondary data \u2013 to support
\ndecisions\/arguments around the entrepreneurial opportunity\/problem\/solution;
\n\u2022 Remember, each argument\/statement requires evidence, logical justification, or both, and
\nshould not be based just on your personal opinion. Therefore, there is no indicative
\nnumber of sources that you should use, as it will be defined by your content;
\n\u2022 Make sure the evidence that you provide is relevant and specific to the argument that you
\nare making;
\n\u2022 You can use tables and charts to help you summarise your evidence from the secondary
\nresearch, articulate your arguments, show connections and relationships, present your
\nsolution, etc. However, make sure that you explain the key points\/logic in your narrative,
\nso that everything is clear;
\n\u2022 You can narrate the presentation in the first person but using academic language;
\n\u2022 The use of AI narration is not permitted (please, record in your own voice);
\n\u2022 Reference all academic literature, data, and other information that you use to support your
\narguments in accordance with Harvard Referencing to write my essay; Your Online Study Bay Assessment Task Assignment Help. Information on referencing you
\ncan find here.
\nProblem-Solution-Fit Template
\nOrganisation Name:
\nSources of information (please, provide URLs to the websites used):
\n1. Customers\/Beneficiaries 6. Customers\/Beneficiaries
\nLimitations
\n5. Available Solutions
\n2. Problems\/Pains 9. Problem root\/cause 7. Behaviour
\n3. Triggers to act 10. Solution offered 8. Channels of behaviour
\n4. Emotions
\n4. Other Useful Information
\n1) Assessment length policy
\nThe assessment length policy is the maximum of 5 slides\/6minutes followed by a 10-point
\npenalty. The penalty will be applied by the module leader and addressed in the individual
\nstudent feedback.
\nThe slide deck of maximum 5 slides exclude the title slide and the slide with the References.
\n2) Format – Best Help Writing My 99 Papers\u2014owl Essay Samples
\nWork should be submitted in the requested format and the quality of the presentation is
\nimportant. Please, prepare a Power Point slide deck, and narrate it using Panopto
\nsoftware (available via Surrey Learn). The detailed guidance on how it can be used can
\nbe found here. For your Slide deck, please, consider the following:
\n\u2022 Arial font, size not less than 18 points;
\n\u2022 Problem-Solution-Fit Template can be included as a screenshot, unless it is not
\nreadable, then consider breaking the content down into two slides;
\n\u2022 Page numbered;
\n\u2022 Within the length allowance;
\n\u2022 Include a title slide with your name, student number, the title of the work (not
\nincluded in the slide count);
\n\u2022 Include a slide with a full reference list, formatted in line with Harvard Referencing to write my essay;
\nYour Online Study Bay Assessment Task Assignment Help (not included in the slide count).
\n3) Late Submissions\/Extenuating Circumstances
\n\u2022 For late submission guidance and penalties, please, refer to the University
\nRegulations (item 120 on p.21).
\n\u2022 For guidance on extenuating circumstances, please, refer to the following document.
\n4) Study Support
\nYou might find the following resources useful to help you with writing this assignment:
\n\u2022 Tips for Creating an Effective Video Presentation
\n\u2022 Creative and critical thinking
\n\u2022 Business Resources for Secondary Research
\n5. Assessment Criteria
\nGeneral criteria Clarification Weight<\/p>\n
Pre-submission (Format – Best Help Writing My 99 Papers\u2014owl Essay Samplesive Feedback)
\nIn-class Sessions: Students are encouraged to attend both lectures and seminars, as there
\nwill be ongoing feedback, peer discussions, and Q&A opportunities provided.
\nAssessment Rubric – grade miners score: Please note the link to the assessment rubric which will allow you to
\nbenchmark your work in advance and critically evaluate your own work.
\nPost-submission Feedback.
\nAssessment Rubric – grade miners score: We strongly advise you to review the assessment rubric to clearly
\nunderstand which areas need improving, self-evaluate your work, and ask specific questions
\nduring your seminars to receive meaningful feedback.
\nOne to one Sessions: The teaching team will mark your submission in accordance with the
\nguidelines given. In case you have questions about marks awarded or want feedback,
\nplease email the module convener Dr Ekaterina Murzacheva: e.murzacheva@surrey.ac.uk
\n====
\nSample Answer Human Written Academic Papers – Guide
\nTitle: Entrepreneurial Opportunity Analysis – E-bike Sharing in London<\/p>\n
Introduction (approx. 1 min)
\nIn this video presentation, I will be discussing an entrepreneurial opportunity that involves the implementation of e-bike sharing in London. The problem that we are trying to solve is the issue of traffic congestion and air pollution in the city, which is caused by the increasing number of cars on the road. Our proposed solution is to provide a cost-effective and eco-friendly transportation alternative to Londoners that will also help reduce traffic congestion and air pollution.<\/p>\n
Problem-Solution Fit Framework (approx. 2 min)
\nTo evaluate the viability of this opportunity, I will be presenting the Problem-Solution Fit Framework:<\/p>\n
Problem:<\/p>\n
Traffic congestion and air pollution in London caused by the increasing number of cars on the road
\nHigh transportation costs for Londoners
\nLimited availability of eco-friendly transportation options
\nRoot Causes:<\/p>\n
Lack of sufficient public transportation options
\nHigh cost of car ownership and maintenance
\nInefficient transportation infrastructure
\nInadequate incentives for the use of eco-friendly transportation options
\nCustomer Profile:<\/p>\n
Young urban professionals and students who are eco-conscious and tech-savvy
\nTourists who are looking for a cost-effective and convenient way to explore the city
\nCommuters who want a faster and cheaper alternative to public transportation
\nSolution:<\/p>\n
E-bike sharing service that is affordable, convenient, and eco-friendly
\nSmart bike technology that allows users to locate, unlock, and rent bikes through a mobile app
\nPartnership with local businesses and tourist attractions to increase accessibility and visibility
\nEvidence:<\/p>\n
Secondary research from industry reports and government\/policy documents
\nThe success of similar e-bike sharing services in other cities, such as Paris and Berlin
\nNature of the Opportunity (approx. 2 min)
\nIn terms of its origin, this opportunity is a result of the growing need for eco-friendly and cost-effective transportation options in London. It is also a manifestation of innovation, as the use of smart bike technology and partnerships with local businesses are new and innovative ways to provide bike-sharing services.<\/p>\n
Furthermore, this opportunity aligns with the theories and concepts discussed in the Module Curriculum, such as the effectuation theory and the lean startup approach. The effectuation theory emphasizes the importance of taking action and leveraging available resources to create new opportunities, which is evident in our proposed approach of partnering with local businesses. The lean startup approach emphasizes the importance of testing and validating business ideas before fully committing to them, which is a crucial step that we plan to undertake in the further development of this opportunity.<\/p>\n
Critical Steps of Further Idea Development (approx. 1 min)
\nTo further develop this opportunity, we plan to adopt the lean startup approach, which involves the following steps:<\/p>\n
Conduct customer discovery to validate the customer assessment task profile and understand their needs and preferences.
\nDevelop a minimum viable product (MVP) that will allow us to test and validate the solution.
\nConduct user testing to gather feedback and make necessary improvements to the MVP.
\nLaunch a pilot program to test the solution on a larger scale and gather more data.
\nAnalyze the data and make necessary adjustments to the solution based on the feedback and performance.
\nConclusion
\nIn conclusion, the e-bike sharing service in London is a promising entrepreneurial opportunity that addresses the problem of traffic congestion and air pollution in the city. By applying the Problem-Solution Fit Framework and relevant theories and concepts, we have evaluated the viability of this opportunity and outlined the critical steps for further idea development.
\nto arrange a meeting.
\nGeneric Feedback: A document (or a recorded video\/podcast) will be provided to all
\nstudents giving general feedback on what went well and what did not go well (with areas for
\nimprovements).
\nGood luck!<\/p>\n","protected":false},"excerpt":{"rendered":"
MAN3083 Individual Assignment 1 Brief Title: Entrepreneurial Opportunity Analysis Type: Video presentation Length: Maximum 5 slides\/6 minutes Submission deadline: Wednesday 15 th March 2023 via Surrey Learn by 4pm. Weighting: 30% 1. Assignment Overview Throughout the Module we have been discussing the role of opportunity identification, innovation and entrepreneurial thinking in a new venture creation, […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5616,5610,5241,5243,4206,5239,5612,5240,5615,5617,5608,5618,5613,5609,5242,5244,5614,5611],"tags":[5621,2336,5623,5624,689,4067,1787,5285,5619,5620,5604,5225,5622],"class_list":["post-13448","post","type-post","status-publish","format-standard","hentry","category-can-someone-do-my-homework","category-case-study-answers-examples","category-custom-essay","category-dissertation-topic","category-free-essays","category-help-in-assignment","category-help-of-a-essay-writing-service","category-help-with-class","category-i-need-help-with-my-homework","category-ill-pay-someone-to-do-my-hw","category-online-essay-writing-service","category-order-cheap-essay-online","category-pay-to-write-essay","category-professional-paper-writing-help-service","category-term-paper","category-thesis-writers","category-write-essay-online","category-write-my-essay-for-me-online","tag-app-for-college-students-essays","tag-assignment-helper-for-students","tag-buy-essay-online-from-pro-essay-writers","tag-essay-example","tag-i-need-help-with-my-homework","tag-i-need-help-writing-an-essay","tag-in-a-page-paper","tag-in-a-word-essay","tag-order-an-essay-online-from-top-quality-writers","tag-paper-writing-service-with-good-writers","tag-pay-someone-to-write-my-paper","tag-write-a-page-assignment","tag-write-my-essay-with-top-writers"],"_links":{"self":[{"href":"https:\/\/www.colapapers.com\/uk\/wp-json\/wp\/v2\/posts\/13448","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.colapapers.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.colapapers.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.colapapers.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.colapapers.com\/uk\/wp-json\/wp\/v2\/comments?post=13448"}],"version-history":[{"count":0,"href":"https:\/\/www.colapapers.com\/uk\/wp-json\/wp\/v2\/posts\/13448\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.colapapers.com\/uk\/wp-json\/wp\/v2\/media?parent=13448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.colapapers.com\/uk\/wp-json\/wp\/v2\/categories?post=13448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.colapapers.com\/uk\/wp-json\/wp\/v2\/tags?post=13448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}