13 Jan Review the Essay Instructions

Module 1 Active Learning Exercise 1

Noted psychologist David McClelland characterized entrepreneurs as possessing the following traits: (1) Desire for responsibility, (2) Preference for moderate risk, (3) Confidence in their abilities, (4) Determination, (5) Desire for immediate feedback, (6) High level of energy, (7) Future orientation, (8) Skill in organizing, and (9) Value of achievement over money.

Using the Entrepreneurial Self-Assessment, rate yourself on each trait based on a scale of 5 (this trait is most like me) to 1 (this trait is not at all like me). Note an example about your behaviors that demonstrates and supports your rating on each trait. Remember that no one scores high on all of the traits. Then, based on your reading and the results of your assessment, write an essay analyzing your personal profile:

Discuss your strengths as well as some areas that you would like to develop.

Explain how your personal and professional experiences, formal and informal education, or people you have met or for whom you have worked have prepared you to become a successful entrepreneur.

Then explain how your personal values or ethical standards relate to your profile.

In addition to earning your MBA, discuss any other goals you have made or steps you plan to take in order to enhance your success as an entrepreneur.

Review the Essay Instructions before you submit this assignment. Submit your self-assessment and your essay to the Dropbox no later than Sunday 11:59 PM EST/EDT. (This Dropbox basket is linked to Turnitin.)

Module 2 Active Learning Exercise 2

MBA 597 Active Learning Exercise 2 Instructions

Write an essay describing, in detail, the specific type of business venture you plan to evaluate in

this course. You may choose any type of business that you find interesting. The essay should

discuss why you are interested in this venture, and why it is appropriate for you.

Please give thoughtful, reflective consideration to the type of business you wish to investigate;

for the remainder of the course, you will be concentrating your efforts on this type of business.

You should already have the framework for a successful business in mind; we expect that this

course will provide you with the tools to analyze the viability of your business idea.

At a minimum, the essay should include the following components:

? Based on what you have read and learned so far, provide a comprehensive description

of the business and any elements which you believe are interesting, creative, and/or

innovative.

? Additionally, every entrepreneur must take steps to protect the intellectual property

associated with every aspect of the new business venture. Your essay should discuss in

detail what action(s) you will take to ensure that your intellectual proper rights and those

of your business are adequately protected.

? Also, based on your research, discuss how you would address the “risk vs. reward”

components of the business model. Explain your assessment of the risk level or failure

rate of new businesses in your industry. Consider the actual cost of failure even beyond

the money you invest. Business failure can have significant negative impacts on you as

well as on your relationships with significant others.

This assignment may be more difficult than it appears because you are being asked to put a

great deal of “meat” on the “bones” of a business idea that you have probably been thinking

about for a while. Your analysis should be supported by your research of the industry as well as

the market in which you will operate the business. While you will develop your idea throughout

the course, take the time now to organize your thoughts and provide as much detail about your

business as you can.

General Essay Instructions

Essays should be cohesive, detailed, and thorough. Following APA, the essay should feature an

introduction, a body, and a conclusion. The introduction should conclude with a thesis statement

which clearly explains the purpose and focus of the essay. Each essay should consist of in-text

citations and a reference list to cite all sources.

The essays will be evaluated according to the following criteria:

1. The essays should demonstrate critical thinking, original ideas and insights, an

understanding of the assignment, and comprehension of course concepts.

2. Integrate research to support your analysis. Follow APA to cite your sources.

3. Each essay should reflect a detailed and thorough analysis of the relevant concepts.

4. The essays should be well-written, reflecting well-developed paragraphs with sound

structure, grammar, punctuation, and spelling in sentences and paragraphs.

5. Read and edit your document to ensure you have fully developed and supported your

analysis.

6. Begin the essay with an engaging opening and a sound thesis statement. Provide

sufficient development of the thesis and a conclusion that summarizes your paper.

7. The essay should follow the APA style guide (6th Edition); each essay should also

consist of a reference page.

8. The reference page should list all of the sources mentioned in the essay; do not list

sources on the reference page which you have not referred to in the essay.

9. The paper should be presented in the following format: MSWord, double-spaced, 1”

margins on all sides, Times New Roman, 12-point font.

10. Give the essay an original title which reflects the substance and content of the essay.

Module 3 Active Learning Exercise 3

Following Scarborough & Cornwall’s (2016) nine-step strategic management process, develop a thorough strategic analysis of your proposed business venture. This paper should also consist of a feasibility analysis of your proposed business modeled upon the material found in Chapter 4. As with the exercises from the previous modules, you should continue to refine the content of this analysis as your research reveals additional information. Remember that your research is critical for the support of every aspect of your analysis. Follow APA to cite your sources in-text and on the References page.

Review the Essay Instructions before you submit this assignment. Submit your paper to the Dropbox no later than Sunday 11:59 PM EST/EDT. (This Dropbox basket is linked to Turnitin.)

Module 3 Active Learning Exercise 4

Following the guidance provided on pages 242-244 of your textbook, conduct a detailed due diligence study of a business similar to your proposed business venture. Follow APA to cite your sources in-text and on the References page.Review the Essay Instructions before you submit this assignment. Submit your work to the Dropbox no later than Sunday 11:59 PM EST/EDT. (This Dropbox basket is linked to Turnitin.)

Module 3 Active Learning Exercise 5

Explain, in detail, how you would determine the “fair value” of the business you selected in Exercise 4. See pages 242-243 in Scarborough & Cornwall (2016) for guidance in valuing this business. Follow APA to cite your sources in-text and on the Reference page.

Review the Essay Instructions before you submit this assignment. Submit your work to the Dropbox no later than Sunday 11:59 PM EST/EDT. (This Dropbox basket is linked to Turnitin.)

Module 4 Active Learning Exercise 6

Select the most appropriate form of ownership for your proposed business. Explain in detail the reasons why this form of ownership is appropriate for you and your firm.

What were the critical factors that you considered in making your choice? Describe the advantages and disadvantages of this form of ownership that you considered in your decision. Explain how you can mitigate the challenges or disadvantages of this form of ownership. Be specific in your explanation, and discuss the research that helped you to form your conclusions.

As with the exercises from the previous modules, continue to refine the content of this analysis as your research reveals additional information. Remember that your research is critical to the support of every aspect of your analysis. Follow APA to cite your sources in-text and on the References page.

Review the Essay Instructions before you submit this assignment. Submit your work to the Dropbox no later than Sunday 11:59 PM EST/EDT. (This Dropbox basket is linked to Turnitin.)

Module 5 Active Learning Exercise 7

Your textbook describes 14 principles that, combined creatively, can be the basis of an effective bootstrap marketing strategy. Based on these principles, develop a bootstrap marketing strategy for your proposed business venture.

As with the exercises from the previous modules, continue to refine the content of this analysis as your research reveals additional information. Remember that your research is critical for the support of every aspect of your analysis. Follow APA to cite your sources in-text and on the References page.

Review the Essay Instructions before you submit this assignment. Submit your work to the Dropbox no later than Sunday 11:59 PM EST/EDT. (This Dropbox basket is linked to Turnitin.)

Module 5 Active Learning Exercise 8

Based on the new business venture that you are proposing, determine and explain—in detail—any e- commerce opportunities that your firm could effectively and profitably pursue. Explain why these opportunities are appropriate for the success of your business.

As with the exercises from the previous modules, continue to refine the content of this analysis as your research reveals additional information. Remember that your research is critical for the support of every aspect of your analysis. Follow APA to cite your sources in-text and on the Reference page.

Review the Essay Instructions before you submit this assignment. Submit your work to the Dropbox no later than Sunday 11:59 PM EST/EDT. (This Dropbox basket is linked to Turnitin.)

Module 5 Active Learning Exercise 9

Describe in detail the pricing strategies and tactics that you plan to implement for your proposed business. Also, explain the logic behind the pricing strategies and tactics that you have identified.

As with the exercises from the previous modules, continue to refine the content of this analysis as your research reveals additional information. Remember that your research is critical for the support of every aspect of your analysis. Follow APA to cite your sources in-text and on the Reference page.

Review the Essay Instructions before you submit this assignment. Submit your work to the Dropbox no later than Sunday 11:59 PM EST/EDT. (This Dropbox basket is linked to Turnitin.)

Module 6 Active Learning Exercise 11

Construct a detailed cash budget and all relevant pro forma financial statements for your proposed new business venture.

Then, develop an essay explaining what these statements tell you about the financial viability of your proposed business venture. Reflect on your previous analysis of risk and rewards. Do your financial statements justify the creation of your new business venture? Discuss the evidence to support your conclusions.

As with the exercises from the previous modules, continue to refine the content of this analysis as your research reveals additional information. Remember that your research is critical for the support of every aspect of your analysis. Follow APA to cite your sources in-text and on the References page.

Review the Essay Instructions before you submit this assignment. Submit your work to the Dropbox no later than Sunday 11:59 PM EST/EDT. (This Dropbox basket is linked to Turnitin.)

Module 7 Active Learning Exercise 12

Explain both the amount and the sources of financial capital that your business venture will require. Before you search for investors or lenders, consider the following and discuss this information in your analysis:

Define the percentage of the equity in the business that you will “give up” for each dollar of externally invested capital.

What interest rate on lent money can you afford to pay?

How will the interest expenses impact your profitability?

When can you demonstrate that the business will achieve financial break even?

Detail the specific terms and conditions associated with each type of funding.

Be sure to discuss the research that supports your plan. Follow APA to cite your sources in-text and on the References page.

Review the Essay Instructions before you submit this assignment. Submit your work to the Dropbox no later than Sunday 11:59 PM EST/EDT. (This Dropbox basket is linked to Turnitin.)

Module 7 Active Learning Exercise 13

Review the information provided about federal and state lending programs in Chapter 13 of your textbook. Explain the criteria and how you might utilize at least two of these programs or institutions to finance your proposed business. Follow APA to cite your sources in-text and on the References page.

Review the Essay Instructions before you submit this assignment. Submit your essay to the Dropbox no later than Sunday 11:59 PM EST/EDT. (This Dropbox basket is linked to Turnitin.)