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MGMT20143 Think Big

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Question:

Idea Generation and Business Model Development

Task Description:

The objective of this individual assessment submission is to learn how to develop your own business idea, complemented by research and observational insights that detail why the need is compelling. A detailed business model (BM) canvas, discussion of the interrelationships among the BM components that are essential to success, critical risks and assumptions, and overall feasibility.

Assessment Criteria:

  1. Effective explanation of the customer/market problem that needs solving and/or the reason the innovation is required.

  2. Persuasive argument of the customer/client benefits to be generated by the idea

  3. Discussion of the proposed business model

  4. Identification and discussion of the key interrelationships in the BM that will support success of the idea

  5. Critical success factors to be managed during execution of the idea

  6. Identification of critical risks and assumptions

  7. Evaluation of the overall feasibility of the idea

Learning Outcomes:

  • Investigate cases of disruptive innovation in different business and social contexts by applying lean entrepreneurship principles 

  • Develop ideas using conceptualisation frameworks, innovation personas and horizon thinking in different business and social contexts 

  • Demonstrate an understanding of and apply the stages of the innovation process, including learn how to forecast the success and market diffusion of your innovation using business model design logic

MGMT20143 Think Big

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Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

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BUS-1053 Corporate Social Responsibility

As studied and discussed in class, organizations need a detailed plan for implementing CSR strategy into their operations. As with any operational plan, the background research, selection of initiatives, stakeholder engagement, business case for moving forward, and step-by-step implementation plan m ...

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Through Conducting Research

Page 1of 3 ASSESSMENT#2 REFLECTIVE PRACTICE ASSIGNMENT – CASE STUDIES & QUESTIONS Assessment type: Individual –Case study report Word limit: 2500 words +- 5% Due date: Week 9Friday (14 May 2021) 11:45 pm AEST Weighting: 30% NOTE: Must be read in conjunction with PPMP20008 Assessment 2Descr ...

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BUS3240 Consumer Behaviour

Task 1. (5 marks) Identifies and describes the message of the ad (i.e. what the ad is trying to say to viewers). Roughly 0.5 to 1 page in length. 2. (15 marks) Identifies and describes 3 concepts learned in the course that were used in the ad to help get the ad’s message across to viewers. 5 m ...

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MGNT903 Management

Write a report demonstrating your study, understanding, and use of course ideas and exercises in which you develop a detailed and in-depth understanding of your own implicit leadership theory: Draw on material in MGNT903 to explain why it is important to develop an understanding of your implic ...

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