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Entrepreneurship Class Activity and

Discussion questions Complete


Title
Due
Status
Grade Scale
Modified by instructor

Discussion Question 1_01


Dec 31, 2022 11:55 pm
Not Started
Points (max 30.0)
Sep 25, 2012 9:09 am

Instructions
Upon completion of the Required Readings, write a thorough, well-planned narrative answer
to each of the following discussion questions. Rely on your Required Readings and the
Lecture and Research Update for specific information to answer each discussion question, but
turn to your original thoughts when asked to apply, evaluate, analyze, or synthesize the
information. Your Discussion Question responses should be both grammatically and
mechanically correct, and formatted in the same fashion as the questions themselves. If there
is a Part A, your response should identify a Part A, etc. In addition, you must appropriately
cite all resources used in your responses and document in a bibliography using APA style.
Analyze Case 1: Mrs. Goochs (Allen, 2003, pp. 486-488). Use the Guidelines for Analyzing
Cases located in your Course Syllabus to structure your response. (30 points) (A 2-page
response is required.)

Title
Due
Status
Grade Scale
Modified by instructor

Discussion Question 1_02


Dec 31, 2022 11:55 pm
Not Started
Points (max 20.0)
Sep 25, 2012 9:09 am

Instructions
Upon completion of the Required Readings, write a thorough, well-planned narrative answer
to each of the following discussion questions. Rely on your Required Readings and the
Lecture and Research Update for specific information to answer each discussion question, but
turn to your original thoughts when asked to apply, evaluate, analyze, or synthesize the
information. Your Discussion Question responses should be both grammatically and
mechanically correct, and formatted in the same fashion as the questions themselves. If there
is a Part A, your response should identify a Part A, etc. In addition, you must appropriately
cite all resources used in your responses and document in a bibliography using APA style.

You have hired an information technology firm as an independent contractor to design and
build an e-commerce Web site for your company. You paid a large portion of the fee,
$25,000, up front to begin the work. The owner assures you that the work is on schedule and
will be completed on time, but as of a week before the due date, you have yet to see any
designs.
You schedule a meeting at the information technology companys office to check on the
project status. While waiting in the reception area of the office, you overhear employees
talking about the impending closure of the business. You also hear that the programmer
assigned to your project has not been paid and there is no money to pay him.
The companys owner mentions nothing of this during your meeting and assures you that the
project will be completed as planned. You suspect that the owner is not being truthful. You
know that if the business closes and you have not received the designs and software for the
project, you will be out $25,000 and will have to file a lawsuit. (Adapted from Allen, 2003,
pp. 44-45)
Analyze this ethical dilemma by addressing the following issues. (20 points)(A 1-page
response is required.)
1. Should you talk to the programmer and reveal what you have heard? Discuss the
advantages and disadvantages of talking with the programmer.
2. Should you confront the owner? Why or why not?
3. Should you approach the disgruntled employees to find a way to gather the data you
need to win a lawsuit? Why or why not?
4. What two (2) other issues are involved and how do you propose handling them?

Title
Due
Status
Grade Scale
Modified by instructor

Activity 1_03
Dec 31, 2022 11:55 pm
Not Started
Points (max 100.0)
Sep 25, 2012 9:09 am

Instructions
Activity #1: Recognizing Opportunity (100 points)
This Activity is comprised of three (3) parts. Your Activity responses should be both
grammatically and mechanically correct, and formatted in the same fashion as the Activity
itself. If there is a Part A, your response should identify a Part A, etc. In addition, you must
appropriately cite all resources used in your response and document in a bibliography using

APA style. (100 points) (A 3-page response is required for the combination of Parts A, B, and
C.)

Part A

During the course of a relatively normal week, observe the things that you
might not normally see when you are in a hurry. Watch people what products
and services they use and dont use. Then list ten (10) product or service
opportunities, needs, or solutions that you recognized from your observations.
Include a brief situational description for each. State what you observed. (50
points)

Part B

How could five (5) of the ten (10) products or services observed in Part A be
changed or offered differently as a new business opportunity? (30 points)
Pick one (1) of the ten (10) opportunities, needs, or solutions observed and state
why you feel it has the best potential to become a new business opportunity.
(20 points)

Part C

Title
Due
Status
Grade Scale
Modified by
instructor

Discussion Question 2_04


Dec 31, 2022 11:55 pm
Not Started
Points (max 30.0)
Sep 25, 2012 9:09 am

Instructions
Upon completion of the Required Readings, write a thorough, well-planned narrative answer
to each of the following discussion questions. Rely on your Required Readings and the
Lecture and Research Update for specific information to answer each discussion question, but
turn to your original thoughts when asked to apply, evaluate, analyze, or synthesize the
information. Your Discussion Question responses should be both grammatically and
mechanically correct, and formatted in the same fashion as the questions themselves. If there
is a Part A, your response should identify a Part A, etc. In addition, you must appropriately
cite all resources used in your responses and document in a bibliography using APA style.
Analyze Case 6: Highland Dragon (Allen, 2003, pp. 516-521). Use the Guidelines for
Analyzing Cases located in your Course Syllabus to structure your response. (30 points) (A 2page response is required.)

Title
Due
Status
Grade Scale
Modified by instructor

Discussion Question 2_05


Dec 31, 2022 11:55 pm
Not Started
Points (max 20.0)
Sep 25, 2012 9:09 am

Instructions
Upon completion of the Required Readings, write a thorough, well-planned narrative answer
to each of the following discussion questions. Rely on your Required Readings and the
Lecture and Research Update for specific information to answer each discussion question, but
turn to your original thoughts when asked to apply, evaluate, analyze, or synthesize the
information. Your Discussion Question responses should be both grammatically and
mechanically correct, and formatted in the same fashion as the questions themselves. If there
is a Part A, your response should identify a Part A, etc. In addition, you must appropriately
cite all resources used in your responses and document in a bibliography using APA style.
Offer specific methods of how you would gather the knowledge required for performing each
of the first three (3) feasibility tests for a new business concept by providing the following.
(20 points) (A 1-page response is required.)
1. Four (4) ways to identify industry risks and benefits.
2. Three (3) methods to analyze market/customer risks and benefits.
3. Three (3) methods to analyze product/service risks and benefits.

Title
Due
Status
Grade Scale
Modified by instructor

Activity 2_06
Dec 31, 2022 11:55 pm
Not Started
Points (max 100.0)
Sep 25, 2012 9:09 am

Instructions
Activity #2: Market Research (100 points)
As you learned in Lesson 1, the three Ts of marketing (trade shows, trade publications, and
trade associations) can be used to research information about your competition. However,
they can also be helpful in providing information about a business concepts feasibility. In
this Activity, you will perform market research for a new nanotechnology product using the
three Ts of marketing. Your Activity responses should be both grammatically and
mechanically correct, and formatted in the same fashion as the Activity itself. If there is a Part

A, your response should identify a Part A, etc. In addition, you must appropriately cite all
resources used in your response and document in a bibliography using APA style. (100
points) (A 3-page response is required for the combination of Parts A and B.)
Examine a nanotechnology product by researching relevant trade shows, trade
publications, and trade associations. Create an annotated bibliography of resources that
includes a minimum of four (4) trade shows, four (4) trade publications, and two (2)
trade associations that provides useful information about the nanotech product. Be sure
Part
to include details about each event/activity/organization/publication (online and in
A
print), etc. Organize the annotated bibliography into the three (3) distinct sections
(shows, publications, and associations) and for each section, include a statement
explaining why this research is important when learning about the nanotechnology
industry and competing companies and products. (75 points)
State the conclusions you have drawn after performing this market research activity
Part
and acquiring new nanotechnology industry, company, and product knowledge.
B
Specifically address the following issues. (25 points)
What else can you learn from the trade show Web sites besides information
1.
about the trade show itself?
2.
What else can you learn from trade publications?
3.
What benefits can you obtain from trade associations?
From a revenue perspective, why is researching the 3Ts important?
4.

Title
Due
Status
Grade Scale
Modified by
instructor

Discussion Question 3_07


Dec 31, 2022 11:55 pm
Not Started
Points (max 30.0)
Sep 25, 2012 9:09 am

Instructions
Upon completion of the Required Readings, write a thorough, well-planned narrative answer
to each of the following discussion questions. Rely on your Required Readings and the
Lecture and Research Update for specific information to answer each discussion question, but
turn to your original thoughts when asked to apply, evaluate, analyze, or synthesize the
information. Your Discussion Question responses should be both grammatically and
mechanically correct, and formatted in the same fashion as the questions themselves. If there
is a Part A, your response should identify a Part A, etc. In addition, you must appropriately
cite all resources used in your responses and document in a bibliography using APA style.

Analyze Case 7: Roland International Freight Service (Allen, 2003, pp. 522-525). Use the
Guidelines for Analyzing Cases located in your Course Syllabus to structure your response.
(30 points) (A 2-page response is required.)

Discussion Question 3_08


Title
Due
Status
Grade Scale
Modified by instructor

Dec 31, 2022 11:55 pm


Not Started
Points (max 20.0)
Sep 25, 2012 9:09 am

Instructions
Upon completion of the Required Readings, write a thorough, well-planned narrative answer
to each of the following discussion questions. Rely on your Required Readings and the
Lecture and Research Update for specific information to answer each discussion question, but
turn to your original thoughts when asked to apply, evaluate, analyze, or synthesize the
information. Your Discussion Question responses should be both grammatically and
mechanically correct, and formatted in the same fashion as the questions themselves. If there
is a Part A, your response should identify a Part A, etc. In addition, you must appropriately
cite all resources used in your responses and document in a bibliography using APA style.
While it takes a team to establish and develop a new business, many company founders have
learned from painful experience that they can spend all of their time interacting with the
founding team and their internal and external networks rather than focusing on revenue
generation and keeping the business financially stable. Given this important, but not-well
recognized issue, respond to the following. (20 points) (A 1-page response is required.)
1. How would you comprise a successful founding team with the absolute minimum
number of members so that the founder has competent resources to rely upon and yet
still has time to focus on the main business of revenue generation?
2. What role should outsourcing play, and how can the founder minimize his/her
outsourcing oversight time?

Activity 3_09

Title
Due
Status
Grade Scale
Modified by instructor

Dec 31, 2022 11:55 pm


Not Started
Points (max 100.0)
Sep 25, 2012 9:09 am

Instructions
Activity #3: Selecting a Bank (100 points)
Go to the Web sites of three (3) banks in your area of which at least one (1) should be a
community bank, and discuss the following issues. Your Activity responses should be both
grammatically and mechanically correct, and formatted in the same fashion as the Activity
itself. If there is a Part A, your response should identify a Part A, etc. In addition, you must
appropriately cite all resources used in your response and document in a bibliography using
APA style. (100 points) (A 3-page response is required.)
1. Focuses and Pro-Activity: Discuss each banks focus including how pro-active each
bank appears to be toward start-ups and small businesses. (60 points)
2. Differences: Discuss the primary differences between each of the three (3) banks. (21
points)
3. Selection: Discuss how to choose one bank over the other two banks for your start-up
or small business banking needs. (19 points)

Title
Due
Status
Grade Scale
Modified by instructor

Discussion Question 4_10


Dec 31, 2022 11:55 pm
Not Started
Points (max 30.0)
Sep 25, 2012 9:09 am

Instructions
Upon completion of the Required Readings, write a thorough, well-planned narrative answer
to each of the following discussion questions. Rely on your Required Readings and the
Lecture and Research Update for specific information to answer each discussion question, but
turn to your original thoughts when asked to apply, evaluate, analyze, or synthesize the
information. Your Discussion Question responses should be both grammatically and
mechanically correct, and formatted in the same fashion as the questions themselves. If there
is a Part A, your response should identify a Part A, etc. In addition, you must appropriately
cite all resources used in your responses and document in a bibliography using APA style.

Analyze Case 2: Franchising a Dying Business (Allen, 2003, pp. 489-491). Use the
Guidelines for Analyzing Cases located in your Course Syllabus to structure your response.
(30 points) (A 2-page response is required.)

Title
Due
Status
Grade Scale
Modified by instructor

Discussion Question 4_11


Dec 31, 2022 11:55 pm
Not Started
Points (max 20.0)
Sep 25, 2012 9:09 am

Instructions
Upon completion of the Required Readings, write a thorough, well-planned narrative answer
to each of the following discussion questions. Rely on your Required Readings and the
Lecture and Research Update for specific information to answer each discussion question, but
turn to your original thoughts when asked to apply, evaluate, analyze, or synthesize the
information. Your Discussion Question responses should be both grammatically and
mechanically correct, and formatted in the same fashion as the questions themselves. If there
is a Part A, your response should identify a Part A, etc. In addition, you must appropriately
cite all resources used in your responses and document in a bibliography using APA style.
Go to http://www.bplans.com/sp/businessplans.cfm. Select a sample business plan to review.
Using the suggested Business Plan Components: An Overview from Chapter 11 in your
textbook (Allen, 2003, pp. 233-237), perform the following. (20 points) (A 1-page response is
required.)
1. List the title of the selected business plan.
2. List the Internet link to your chosen plan.
3. Evaluate the plan in terms of its weaknesses and missing elements. List eight (8)
weaknesses and/or missing elements).
NOTE: Real learning takes place from studying a business plans weakness rather than its
strengths. Since we have not yet studied the financial plan, you will only be expected to
provide a cursory review of the financial components of the business plan.
1. List the sections of the plan where each weakness or missing element is found.

Title
Due
Status
Grade Scale
Modified by instructor

Discussion Question 5_12


Dec 31, 2022 11:55 pm
Not Started
Points (max 29.0)
Sep 25, 2012 9:09 am

Instructions
Upon completion of the Required Readings, write a thorough, well-planned narrative answer
to each of the following discussion questions. Rely on your Required Readings and the
Lecture and Research Update for specific information to answer each discussion question, but
turn to your original thoughts when asked to apply, evaluate, analyze, or synthesize the
information. Your Discussion Question responses should be both grammatically and
mechanically correct, and formatted in the same fashion as the questions themselves. If there
is a Part A, your response should identify a Part A, etc. In addition, you must appropriately
cite all resources used in your responses and document in a bibliography using APA style.
Case 9: Wizards of the Coast (Allen, 2003, pp. 544-555) is different from the other cases in
your textbook. It is intended to be used as a basis for discussion rather than as an illustration
of either an effective or ineffective handling of a situation (Allen, 2003, p. 544 footnote).
Therefore, for this case only, analyze the marketing strategies and tactics used by Wizards of
the Coast from its inception to mid-year 2000 (i.e., the end of the case) in terms of the
marketing mix (i.e., the 5 Ps of marketing product, price, place, promotion, and people).
Begin with a description of the target market for all products. (29 points) (A 2-page response
is required.)

Title
Due
Status
Grade Scale
Modified by instructor

Discussion Question 5_13


Dec 31, 2022 11:55 pm
Not Started
Points (max 21.0)
Sep 25, 2012 9:09 am

Instructions
Upon completion of the Required Readings, write a thorough, well-planned narrative answer
to each of the following discussion questions. Rely on your Required Readings and the
Lecture and Research Update for specific information to answer each discussion question, but
turn to your original thoughts when asked to apply, evaluate, analyze, or synthesize the
information. Your Discussion Question responses should be both grammatically and
mechanically correct, and formatted in the same fashion as the questions themselves. If there
is a Part A, your response should identify a Part A, etc. In addition, you must appropriately
cite all resources used in your responses and document in a bibliography using APA style.
Using three (3) publication Web sites that focus on product quality, explain what value these
Web sites offer an entrepreneurial or small business in terms of quality control. You may
choose any publication Web site that focuses on quality. The following publication Web sites
are for your reference. (21 points) (A 1-page response is required.)
1. Quality Digest: http://www.qualitydigest.com
2. Food Quality: http://www.foodquality.com
3. PFQ (formerly Pharmaceutical Formulation and Quality):
http://www.pharmaquality.com

Title
Due
Status
Grade Scale
Modified by instructor

Discussion Question 6_14


Dec 31, 2022 11:55 pm
Not Started
Points (max 30.0)
Sep 25, 2012 9:09 am

Instructions
Upon completion of the Required Readings, write a thorough, well-planned narrative answer
to each of the following discussion questions. Rely on your Required Readings and the
Lecture and Research Update for specific information to answer each discussion question, but
turn to your original thoughts when asked to apply, evaluate, analyze, or synthesize the
information. Your Discussion Question responses should be both grammatically and
mechanically correct, and formatted in the same fashion as the questions themselves. If there
is a Part A, your response should identify a Part A, etc. In addition, you must appropriately
cite all resources used in your responses and document in a bibliography using APA style.
Analyze Case 3: Overnite Express (Allen, 2003, pp. 492-494). Use the Guidelines for
Analyzing Cases located in your Course Syllabus to structure your response. (30 points) (A 2page response is required.)

Title
Due
Status
Grade Scale
Modified by instructor

Discussion Question 6_15


Dec 31, 2022 11:55 pm
Not Started
Points (max 20.0)
Sep 25, 2012 9:09 am

Instructions
Upon completion of the Required Readings, write a thorough, well-planned narrative answer
to each of the following discussion questions. Rely on your Required Readings and the
Lecture and Research Update for specific information to answer each discussion question, but
turn to your original thoughts when asked to apply, evaluate, analyze, or synthesize the
information. Your Discussion Question responses should be both grammatically and
mechanically correct, and formatted in the same fashion as the questions themselves. If there
is a Part A, your response should identify a Part A, etc. In addition, you must appropriately
cite all resources used in your responses and document in a bibliography using APA style.
Five (5) market factors that affect a companys growth are described in your textbook (Allen,
2003) on pages 395-398. Apply your understanding of these market factors by finding one (1)
company for each of the factors that grew due to that factor. Your response should list each
market growth factor along with the chosen company and include a brief discussion of why
that particular market growth factor is important to the company. (20 points) (A 1-page
response is required.)

Title
Due
Status
Grade Scale
Modified by instructor

Activity 6_16
Dec 31, 2022 11:55 pm
Not Started
Points (max 100.0)
Sep 25, 2012 9:09 am

Instructions
Activity #6: Funding Sources (100 points)
This Activity is comprised of three (3) parts. Your Activity responses should be both
grammatically and mechanically correct, and formatted in the same fashion as the Activity
itself. If there is a Part A, your response should identify a Part A, etc. In addition, you must
appropriately cite all resources used in your response and document in a bibliography using
APA style. (100 points) (A 3-page response is required for the combination of Parts A, B, and
C.)

Part A

The most popular source of capital for new ventures is private investors; these
investors are called angels and are typically people the entrepreneur knows or has
met through business acquaintances. Today many angels have joined forces to
create large pools of capital called angel networks (Allen, 2003, p. 436). (60
points)
1. Perform research to find at least four (4) angel networks that exist in your state;
if your state does not have four networks, then find networks by looking at
bordering states. (If you live outside the United States, change state to

province or region in the above instructions.)


Provide a general description of each angel network, its investment criteria, and
2.
the contact information in your response.

Part B

Part C

Many areas of the United States offer access to venture capital through institutes or
organizations established on the campuses of major universities. The university
acts as a conduit through which the entrepreneurs and investors are matched and
assumes no liability for, nor has any ownership interest in, either the new venture
or the investors company (Allen, 2003, p. 440). (20 points)
Perform research to find one (1) major university offering access to venture
capital that is geographically close to you. If you live outside the United States,
1.
first perform this research within your country. If none exists, then you should
research major universities in the United States.
Provide a general description of an institutes or universitys offering, its
2. investment criteria, and the contact information in your response. Discuss if the
institute or organization targets a specific industry.
Many states provide venture capital funds or a loan program to help new and
growing ventures (Allen, 2003, p. 442). (20 points)
Perform research to find out if your state offers any venture capital funds or loan
programs to help new and growing ventures; if your state does not provide this
1. type of funding, investigate and describe a neighboring states funding. (If you
live outside the United States, change state to province or region in the
above instructions.)
Provide a general description of your states offering, its investment criteria, and
2.
the contact information (i.e., address, phone, Web site, etc.) in your response.

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