I’m trying to study for my Business course and I need some help to understand this question.
Assignment 1: New Venture – Game Plan
Format: Paper
Due: Week 3, Day 7 (Weight: 20%)
OVERVIEW
Throughout this course you will develop a plan to design and implement a new product or service. You have
three options, depending on whether you identify as an Intrapreneur, an Entrepreneur, or a Nonprofit leader.
Your first step is to select or develop an innovative “big idea†for ONE of the options below:
Option A – Intrapreneur
Choose a product or service that could be added to your organization’s portfolio. You may use
your current company or another company that interests you. The Resource in your
Assignment 1 Resources titled Models of Intrapreneurship describes several models for
intrapreneurial initiatives that you can consider for your venture.
Option B – Entrepreneur
Identify one business idea that you could launch as a start-up business. The resource in your
Assignment 1 Resources titled Organizational Chart Template provides a model for the
structure of your new business.
Use the source below to research business ideas:
Research Source: https://www.entrepreneur.com/businessideas
Option C – Nonprofit
Identify a nonprofit idea that will serve a community. The Resource in your Assignment 1
Resources titled NPO Organizational Chart Template provides a model for the structure of your
new community organization.
Use the source below to learn about creating a nonprofit organization:
Research Source: https://www.usa.gov/start-nonprofit
INSTRUCTIONS
For Assignment 1, you will write a Game Plan paper, in which you describe your innovative “big ideaâ€, craft
your vision for its implementation, and assess the idea’s strengths and weaknesses, as well as the major
opportunities and threats in the market. Your paper will be 3 to 4 pages long.
NOTE: When writing a business plan, avoid the use of first person; use the name of the company instead.