Entrepreneurship Course Code: MGT 6110 Assignment Brief 1

Our academic experts are ready and waiting to assist with any writing project you may have. From simple essay plans, through to full dissertations, you can guarantee we have a service perfectly matched to your needs.

GET A 40% DISCOUNT ON YOU FIRST ORDER

ORDER NOW DISCOUNT CODE >>>> WELCOME40

Entrepreneurship Course Code: MGT 6110 Assignment Brief 1 Dr Abdullah Abonamah Dr Elif Bascavusoglu-Moreau Individual Assignment (45% of overall grade) Herbal Case Study Two years ago, Majid, the owner of a small herbal company in Abu Dhabi, which he inherited from his father observed something unusual with one of the new painkiller called “Herbal”. During clinical trials, Herbal shrunk one type of cancer of a lab rat by 75%. Having made this amazing discovery, Majid took a personal bank loan to spend on refining the new drug and make it more effective to target organ cancers. Last month, Majid made a breakthrough. Results on lab rats showed that the drug is working; it completely cured the liver cancer of one of the lab rats. Now, Majid is ready to try Herbal on human subjects. Working with a financial expert, Majid determined that he needed about AED 3 million to get Herbal ready for additional trials, refinement, regulatory approvals, and marketing. Initial conservative estimates project that Herbal would make $2 billion in sales. The profit margin is 100%. Your task now is to help Majid find an angel investor to fund Herbal with AED 3 million. Assignment Question & Marking Criteria Students will use the following Business Plan as a pro-forma to develop a full business plan for the “Herbal” (see the box above) In delivering the Business Plan, students will be required to develop their own business model (which will be included as appendix one in the document) and support their idea with evidence (i.e. quality academic and business references). Other supporting data is also expected in subsequent appendices. Studentsshould note that thisis a major work. Allsections of the plan must be answered in detail and supported by relevant, quality evidence (i.e. academic references). The Plan must be presented in the correct format and order of the pro-forma plan. Criteria for Assessment (You are required to demonstrate the following skills in this assessment): – Understand the concept of the subject matter – Ability to express ideas and data clearly – Ability to express ideas and data concisely – Relevant literature review – Concise strategic analysis – Offer relevant scenarios that demonstrate how to overcome the problem inherent in the task A Business Plan Pro-Forma Section Content Contribution to Overall Grade Tittle Page States the opportunity, provider, contact details and date Executive Summary No more than one page outlining all key points and outcomes 5 This is the selling page and had to be good Table of Contents Lists all major and minor sections Introduction Gives an introduction to the document and the opportunity Business Description Provides a description of the business: 10 General Description Industry Background Goals and Potential of the plan Uniqueness of the opportunity Statement of Resilience Delivers clear data including: 10 Key performance measures Market analysis Marketing Provides data (i.e. numbers and detail) on: 10 Target market Market size Competitive Analysis Estimated market share (and why) Operations Must include: 10 Location of business Advantages of location Zoning issues Operations Tax implications 10 Transportation and logistics analysis Legislations / Compliance Must include legitimate analysis and statements 5 Management Must include: 10 Profiles of key management Legal structure of the entity Board of directors, advisors, consultants Financials Must include budgeting plans 5 Critical Risk Analysis Must include: 5 Identification of potential problems and mitigation strategies Environmental risks Alternative plans if necessary Exit Strategy Must include: 10 Plans for investors to exit the business within their timeframes Plans for transferring assets at point of exit Continuity of business strategy Identification of successors (corporate and individual) Project Plan/Time line Must include 10 Statement of objectives Project timing plan Deadline and milestones

Our academic experts are ready and waiting to assist with any writing project you may have. From simple essay plans, through to full dissertations, you can guarantee we have a service perfectly matched to your needs.

GET A 40% DISCOUNT ON YOU FIRST ORDER

ORDER NOW DISCOUNT CODE >>>> WELCOME40

 

 

Posted in Uncategorized

Entrepreneurship Course Code: MGT 6110 Assignment Brief 1

Our academic experts are ready and waiting to assist with any writing project you may have. From simple essay plans, through to full dissertations, you can guarantee we have a service perfectly matched to your needs.

GET A 40% DISCOUNT ON YOU FIRST ORDER

ORDER NOW DISCOUNT CODE >>>> WELCOME40

Entrepreneurship Course Code: MGT 6110 Assignment Brief 1 Dr Abdullah Abonamah Dr Elif Bascavusoglu-Moreau Individual Assignment (45% of overall grade) Herbal Case Study Two years ago, Majid, the owner of a small herbal company in Abu Dhabi, which he inherited from his father observed something unusual with one of the new painkiller called “Herbal”. During clinical trials, Herbal shrunk one type of cancer of a lab rat by 75%. Having made this amazing discovery, Majid took a personal bank loan to spend on refining the new drug and make it more effective to target organ cancers. Last month, Majid made a breakthrough. Results on lab rats showed that the drug is working; it completely cured the liver cancer of one of the lab rats. Now, Majid is ready to try Herbal on human subjects. Working with a financial expert, Majid determined that he needed about AED 3 million to get Herbal ready for additional trials, refinement, regulatory approvals, and marketing. Initial conservative estimates project that Herbal would make $2 billion in sales. The profit margin is 100%. Your task now is to help Majid find an angel investor to fund Herbal with AED 3 million. Assignment Question & Marking Criteria Students will use the following Business Plan as a pro-forma to develop a full business plan for the “Herbal” (see the box above) In delivering the Business Plan, students will be required to develop their own business model (which will be included as appendix one in the document) and support their idea with evidence (i.e. quality academic and business references). Other supporting data is also expected in subsequent appendices. Studentsshould note that thisis a major work. Allsections of the plan must be answered in detail and supported by relevant, quality evidence (i.e. academic references). The Plan must be presented in the correct format and order of the pro-forma plan. Criteria for Assessment (You are required to demonstrate the following skills in this assessment): – Understand the concept of the subject matter – Ability to express ideas and data clearly – Ability to express ideas and data concisely – Relevant literature review – Concise strategic analysis – Offer relevant scenarios that demonstrate how to overcome the problem inherent in the task A Business Plan Pro-Forma Section Content Contribution to Overall Grade Tittle Page States the opportunity, provider, contact details and date Executive Summary No more than one page outlining all key points and outcomes 5 This is the selling page and had to be good Table of Contents Lists all major and minor sections Introduction Gives an introduction to the document and the opportunity Business Description Provides a description of the business: 10 General Description Industry Background Goals and Potential of the plan Uniqueness of the opportunity Statement of Resilience Delivers clear data including: 10 Key performance measures Market analysis Marketing Provides data (i.e. numbers and detail) on: 10 Target market Market size Competitive Analysis Estimated market share (and why) Operations Must include: 10 Location of business Advantages of location Zoning issues Operations Tax implications 10 Transportation and logistics analysis Legislations / Compliance Must include legitimate analysis and statements 5 Management Must include: 10 Profiles of key management Legal structure of the entity Board of directors, advisors, consultants Financials Must include budgeting plans 5 Critical Risk Analysis Must include: 5 Identification of potential problems and mitigation strategies Environmental risks Alternative plans if necessary Exit Strategy Must include: 10 Plans for investors to exit the business within their timeframes Plans for transferring assets at point of exit Continuity of business strategy Identification of successors (corporate and individual) Project Plan/Time line Must include 10 Statement of objectives Project timing plan Deadline and milestones

Our academic experts are ready and waiting to assist with any writing project you may have. From simple essay plans, through to full dissertations, you can guarantee we have a service perfectly matched to your needs.

GET A 40% DISCOUNT ON YOU FIRST ORDER

ORDER NOW DISCOUNT CODE >>>> WELCOME40

 

 

Posted in Uncategorized