Business Question

Important Notice:

Please read the following requests and terms carefully before proceeding:

1. Originality and Accountability: All answers must be formulated specifically for me and must be entirely original. Copying, stealing, or plagiarizing content from other students’ answers or any other sources is strictly prohibited, as I will be held accountable for any such actions. There is only one opportunity to submit the assignment, and no second attempts will be allowed. Please pay close attention to this requirement.

2. Answer Formatting: Each answer must clearly indicate the corresponding question number. Answers should be between 400 to 500 words, with no exceptions.

3. Document Formatting: All answers must be typed in Times New Roman font, size 12, with double spacing. Any images containing text will not be accepted and will be considered plagiarism.

4. Cover Page Requirement: Submissions without the specified cover page will not be accepted.

5. APA Style: The answers must follow APA style formatting. This includes proper in-text citations and a reference list at the end of the document.

6. References: A minimum of 5 references must be included in APA style. This is non-negotiable and very important.

7. Assignment Instructions: Please carefully read and follow the instructions provided in the assignment file.

Additional Notes:

– Individual Assignment: This is an individual assignment. Collaboration with others is not allowed.

– Plagiarism Check: All submissions will be checked for originality through SafeAssign software. Any instance of plagiarism or academic dishonesty will result in a grade of zero for the assignment, with no exceptions and no second chances.

‫المملكة العربية السعودية‬
‫وزارة التعليم‬
‫الجامعة السعودية اإللكترونية‬
Kingdom of Saudi Arabia
Ministry of Education
Saudi Electronic University
College of Administrative and Financial Sciences
Assignment 1
Entrepreneurship and small business (MGT 402)
Due Date: 05/10/2024 @ 23:59
Course Name: Entrepreneurship and small
business
Course Code: MGT402
Student’s Name:
Semester: First
CRN:
Student’s ID Number:
Academic Year:2024-25-1st
For Instructor’s Use only
Instructor’s Name:
Students’ Grade: X / 10
Level of Marks: High/Middle/Low
General Instructions – PLEASE READ THEM CAREFULLY
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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.
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.
Learning Outcomes:
1. Describe the place of small business in history and explore the strengths and weaknesses
of small business.
2. Design a solid projected financial plan and conduct a breakeven analysis for a small
company.
3. Demonstrate the ability to deliver and communicate marketing massages in coherent and
professional manner.
4. Illustrate the ability to think independently and systematically on developing a viable
business model.
Assignment Workload:
This assignment is an individual assignment.
Start-up Business Plan
Assume yourself as an entrepreneur of a small startup business in Saudi Arabia.
Write brief notes on the following objectives:
1. Owners, capital structure and company profile (2 Marks)
a. Your Business Name, Address, E‐Mail
b. Form of ownership: What is the legal structure? Sole proprietor, Partnership,
Corporation….
C. Investment capital
2. Company Business Description (300 – 400 words)
A. Scope and type of business (4 Marks)
What business will you be in? What will you do? What market segment will you
choose?
• Business idea: what is your big idea? Is it a product or a service? What makes
your idea different?
• Mission Statement
• Company’s short-term and long-term goals and objectives.
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• Target market and demographics: Who will your customers be? Where do they
live? What is your target market passionate about?
B. Business Philosophy (4 Marks)
What is important to you in your business?
• 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?
• 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?
• Risk Assessment: Evaluate the strengths and weaknesses of your business using
SWOT.
•Who is your competition and how do you beat them?
Note: Use APA style of referencing
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Answers
1. Answer2. Answer-
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