Entrepreneurship and Small Business

Entrepreneurship and Small Business

The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.

· Assignments submitted through email will not be accepted.

· Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.

· Students must mention question number clearly in their answer.

· Read carefully Grading Rubric below for specific criteria: 0-5 Marks

· Late submission will NOT be accepted.

· Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.

· All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).

· Submissions without this cover page will NOT be accepted.

Department of Business Administration

Entrepreneurship and Small Business – MGT 402

Assignment 2

Marks:5

Course Learning Outcomes:

1. Demonstrate a solid understanding of the potential of entrepreneur in today’s competitive business world. (Lo 1.2)
2. Demonstrate ability to think independently and systematically on developing a viable business model (Lo 1.3 & 3.7)
3. Understand the place of small business in history and explore the strengths and weaknesses of small business. (Lo 1.1).

Start-up Business Plan

Assume yourself as an entrepreneur of a small-scale business in Saudi Arabia.

1. Create a new business, which is located in the Kingdom of Saudi Arabia, which include the followings:

a. Introduction about your business.

b. Product and type of services.

c. Business statement.

d. Business vision.

e. Business objective.

1. Explain your business plan.

· What is important to you in your business?

· To whom will you market your product?

· Describe your Industry: Is it a growth industry? What long term or Short-term changes do you foresee in the industry? How will your company take advantage of it?

1. Apply SWOT analysis to your business.

Describe your most important company strengths and core competencies: What factors will make the company succeed? What do you think your major competitive strengths will be? What background experience, skills, and strengths do you personally bring to this new venture?

MGT402 – Assignment Rubric

Marks:5

Percentage 100

Exceeds Expectation

Meets Expectation

Below Expectation

Percentage: 50

Marks: 2.5

76-100

51-75

0-50

Requirements

Includes all of the required components, as specified in the assignment.

Includes most of the required components, as specified in the assignment.

Includes some of the required components, as specified in the assignment.

Percentage: 50

Marks: 2.5

76-100

51-75

0-50

Content

Demonstrates substantial and extensive knowledge of the materials, with no errors or major omissions.

Demonstrates adequate knowledge of the materials; may include some minor errors or omissions.

Demonstrates fair knowledge of the materials and/or includes some major errors or omissions.