Creation of a new Venture Business
Provide examples to demonstrate that you understand and can apply
the concepts, as appropriate
1. Critically analyse the changing commercial environment, by providing examples
explain how these changes impacts SMEs.
2. Critically analyse the franchise business model against the development of a new
independent enterprise.
3. Discuss and evaluate the following statement:
Innovation is more than simply coming up with good ideas, it is the process of
growing them into practical use.
4. Discuss the advantages and disadvantages of starting and developing a family
business.
5. Account for the growth and importance of entrepreneurial activity over the last 20
years. Discuss in your view whether this constitutes an entrepreneurial revolution.
Sources
Tidd, J., & Bessant, J. R. (2018). Managing innovation: integrating technological, market and organizational change. John Wiley & Sons.
Tidd, J., & Bessant, J. R. (2018). Managing innovation: integrating technological, market and organizational change. John Wiley & Sons.
