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Group ProjectMy project is about: Making a double floor street that’s made from recycled materials like ruber from the tiers
LO1 Describe the difference between innovation and entrepreneurship.
LO2 Explain the processes of innovation and entrepreneurship.
LO3 Identify the positive and negative attributes of an effective (diverse) team.
LO4 Explain the value of innovation and entrepreneurship for their own career and society.
Instructions: SummaryThe Opportunity Analysis Project (SSDEC OAP) is an assignment for students to use the tools and skills they have learned in the course to develop a story and a narrative about a potential opportunity in the SSDEC field. In Week 9, teams will select an idea and use the time until Week 12 to determine if it is a viable market opportunity.
AssignmentEach team member is required to collect data from primary sources by interviewing at least two potential users, customers, and partners, document these discussions. You must include the information from the interviews in your analysis.Students should use the skills, knowledge, tools and techniques gained in the course (in weeks 1 – 12) to prepare a report on their innovative concept. The group report should not be more than 2000 words as total for all the six parts in table 1, double-spaced, and 12 pt. font. This document has to be in Word or PDF. The report must include the following sections below:It is the responsibility of every group to divide the five project contents listed in (Table 1 below). Every student should submit her/his individual report. One member of the group should submit the final group report. Submit the group member’s evaluation forms individually. The sixth question in table 1 is supposed to be written by whole group and not individually. It is the project conclusion.
Table 1: Project Contents
1. Concept and Vision.
2. Market Analysis.
3. Customers and Customer Development.
4. Competition and Positioning.
5. Business Model.
6. Learning and Adaptation.
Submission instructionsThe project has two components individual and group:Individual work: The group should divide the five components in table 1 among the team members. Every student should use tools, secondary and primary resources to work on his/her analysis part or assigned content.Group work: Students should meet from time to time and whenever is required to discuss their findings. Then the whole team should meet after they finish their individual work to complete part 6 of the report contents. This would be the OAP group conclusion.
C. Individual work- not more than 500 words
D. Group report - not more than 2000 words:
Late submission: Late Submissions Late submissions of written assignments are allowed within a maximum of 5 working days of the deadline of the assessment activity. The student grade is reduced by 10% for each working day during the aforementioned 5-day period. If the assignment is submitted beyond the 5-day period, the student receives a grade of 0.
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