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Topic: Extent of the business plan Learning Objective: To get students familiarized with the concept of business plan. Students will be able to know different
Topic: Extent of the business plan Learning Objective: To get students familiarized with the concept of business plan. Students will be able to know different particulars of a business plan. Learning Outcome: . Students will be able to enlist the necessary attributes to decide the extent of a business plan. Extent of a business plan: A business plan is a tool to connect a business idea with a physical business. Business plan is the backbone of an entrepreneurial venture. It helps entrepreneurs in starting a business. Therefore, it is very crucial to completely understand the different sections of a business plan and list its attributes concisely. It is equally important to know the magnitude of content an entrepreneur needs to put in a business plan document. The extent (length and breadth) of a business plan depends upon the key factors: orientation of the entrepreneur, complexity of the business, the level of competition, and availability of time and monetary resources. Case: Being the student of entrepreneurship you need to review the following cases and answer the questions given in the requirements section. 1st column lists the attributes (education, capability, experience, knowledge and skills, and nature of the business idea etc.) 2nd column demands the complexity level of the business. 3rd column needs the logical support to justify your answer. Extent of the business plan Logic Case 1- Key attributes Associate degree, Electric bike manufacturing unit, 15 years of relevant experience Extent of the business plan Logic Case 2- Key attributes Primary education, Street Food Stall, No working experience Extent of the business plan Logic Case 3- Key attributes High school education, Automobile AC workshop, 5 Years of relevant experience Requirements: (15 Marks) 1- Mention the level of complexity (column 2), of a business plan. Total 3 Marks: 1 marks for each case 2- Write 3 logics (column 2), to support your point. Total 9 Marks: 3 marks for each case (1.5*2) 3- How the assistance of an expert will affect the drafting procedure of a business plan in general and its extent (length and breadth) in particular. 3 Marks Instructions: 1. Read the topic "WHAT IS THE EXTENT OF A BUSINESS PLAN?" in theme 08. 2- Write the complexity of the business among LOW, MEDIUM, or HIGH in column 2. 3. Write arguments in column 2 in support of your point. 4- You need to fill in the answer in all 3 given cases. STUDENT'S GUIDE 1. Keep your discussion with the mentioned scenario and irrelevant answers and material will not be graded. 2. Be careful from those blogs who are promoting cheating culture among our students and killing their creativity and critical thinking. Answers copied from such blogs will be straightaway marked as zero. Similarly any relevant or irrelevant material copied from internet sources will get the same treatment. It can seriously damage your grades. Topic: Extent of the business plan Learning Objective: To get students familiarized with the concept of business plan. Students will be able to know different particulars of a business plan. Learning Outcome: . Students will be able to enlist the necessary attributes to decide the extent of a business plan. Extent of a business plan: A business plan is a tool to connect a business idea with a physical business. Business plan is the backbone of an entrepreneurial venture. It helps entrepreneurs in starting a business. Therefore, it is very crucial to completely understand the different sections of a business plan and list its attributes concisely. It is equally important to know the magnitude of content an entrepreneur needs to put in a business plan document. The extent (length and breadth) of a business plan depends upon the key factors: orientation of the entrepreneur, complexity of the business, the level of competition, and availability of time and monetary resources. Case: Being the student of entrepreneurship you need to review the following cases and answer the questions given in the requirements section. 1st column lists the attributes (education, capability, experience, knowledge and skills, and nature of the business idea etc.) 2nd column demands the complexity level of the business. 3rd column needs the logical support to justify your answer. Extent of the business plan Logic Case 1- Key attributes Associate degree, Electric bike manufacturing unit, 15 years of relevant experience Extent of the business plan Logic Case 2- Key attributes Primary education, Street Food Stall, No working experience Extent of the business plan Logic Case 3- Key attributes High school education, Automobile AC workshop, 5 Years of relevant experience Requirements: (15 Marks) 1- Mention the level of complexity (column 2), of a business plan. Total 3 Marks: 1 marks for each case 2- Write 3 logics (column 2), to support your point. Total 9 Marks: 3 marks for each case (1.5*2) 3- How the assistance of an expert will affect the drafting procedure of a business plan in general and its extent (length and breadth) in particular. 3 Marks Instructions: 1. Read the topic "WHAT IS THE EXTENT OF A BUSINESS PLAN?" in theme 08. 2- Write the complexity of the business among LOW, MEDIUM, or HIGH in column 2. 3. Write arguments in column 2 in support of your point. 4- You need to fill in the answer in all 3 given cases. STUDENT'S GUIDE 1. Keep your discussion with the mentioned scenario and irrelevant answers and material will not be graded. 2. Be careful from those blogs who are promoting cheating culture among our students and killing their creativity and critical thinking. Answers copied from such blogs will be straightaway marked as zero. Similarly any relevant or irrelevant material copied from internet sources will get the same treatment. It can seriously damage your grades
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