HUMAN CAPITAL AND ENTREPRENEURSHIP

HUMAN CAPITAL AND ENTREPRENEURSHIP Task 1 In introduction need to state purpose and what is included and what is excluded(secondary data). First point is to critically examine the ownership of added economic value(who makes it and how it should be shared). Second point identify and review the personality make up of the entrepreneur. The main question is about "should the company own those profit that they make?, discuss your argument". There is no yes or no answer, if you agree with the statement, you need evidence to support your thoughts via various concepts, book and most important is EXAMPLES. Same process for who has opposite view ( can talk about social ethical, like Starbucks case). For references it is not specified but each paragraph has a point and a reference. I will attach some chapters from class that are relevant to assignments. Task 2 Should put short executive summary and make it exciting and it will not count towards word count in task2. The aim of task 2 is to develop a business plan for a particular product to get investments from someone else. The product can be your own idea (which is new) or some other products in the market (ideally is the one in the market less than 5 years). The plan should be built based on questions.What ever is in question needs to be like heading when answering CAN'T leave anything out. For example Q1. Business description breakdown: Service or product 80 words, rationale (why this product why now)) 80, nature of business (ex: solo trader or limited company) 80 words, entrepreneurs characteristics (personality, profil) 80, your characteristics 80. total 400. Q2 can use PESTAL analysis and put them in appendices. Source for industry and market analysis can be gov.uk. Q5 need to include everything. Example: balance sheet is not available we can just put heading balance sheet and not available at this stage or for any other heading. Product and market do not need to be based in UK.