Innovation ad Entrepreneurship

ask/assessment brief:

A Feasibility Study Report (FSR) is a formally documented output of feasibility study that summarizes results of

the analysis and evaluations conducted to review the proposed solution and investigate project alternatives for

the purpose of identifying if the project is really feasible, cost-effective and profitable. It describes and supports

the most feasible solution applicable to the project. (Lewinson, n.d.)

This assignment requires students to develop a feasibility report for a new eco-friendly venture, in Oman. The

plan should emphasize sustainability and cultural sensitivity, catering to a rising international interest in

responsible and eco-friendly businesses.

The business idea can be selected from any of the following industries:

1. Tourism and Hospitality Industry

2. Technology and IT Services

3. Energy and Utilities

The students must consider Oman’s unique natural and cultural heritage and propose a business model that is

both profitable and sustainable, with an initial investment cap of 200,000 OMR.

The assignment should contain the following subparts:

1. Introduction of the business idea with the specific objectives of the business. (200 words Introduction+

100 words objectives)

2. Evaluate the project on Market feasibility criteria such as Potential market, potential customer, existing

competition etc. (300

words)

3. Evaluate the project on financial feasibility criteria such as estimation of capital, costs, revenue etc. (350

words)

4. Evaluate the project on operational/technical feasibility criteria such as product features, plant capacity

machinery requirement, and supply of materials etc. (250 words)

5. Evaluate the project on organizational feasibility criteria such as organizational structure, manpower

estimations, authorities, responsibilities etc. (300 words)

6. Identification of potential risks and uncertainties associated with the project (250 words)

Module Code
Module Title
Module Credits
GSP6032
Innovation ad Entrepreneurship
20
Academic Year and
Semester
Examination Board
Level & Block
2023-24, 2nd Semester
July 2024
L6B2
Method of Assessment
Term
Weighting
Coursework (Individual Assignment)
Midterm
50%
Module Leader
Module Leader email
Dr. Seema Varshney
seema.varshney@gulfcollege.edu.om
Additional Information (if any)
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Contents
1. Assessment Details
2. Submission Details
3. Assessment Criteria
4. Further Information
 Who can answer questions about my assessment?
 Referencing
 Submission problems
 Unfair academic practice
 How is my work graded?
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Assessment Details
Assessment title
Abr.
Weighting
Coursework (Individual Assignment)
WRIT1
50%
Pass marks for undergraduate work is 40%, unless stated otherwise.
Task/assessment brief:
A Feasibility Study Report (FSR) is a formally documented output of feasibility study that summarizes results of
the analysis and evaluations conducted to review the proposed solution and investigate project alternatives for
the purpose of identifying if the project is really feasible, cost-effective and profitable. It describes and supports
the most feasible solution applicable to the project. (Lewinson, n.d.)
This assignment requires students to develop a feasibility report for a new eco-friendly venture, in Oman. The
plan should emphasize sustainability and cultural sensitivity, catering to a rising international interest in
responsible and eco-friendly businesses.
The business idea can be selected from any of the following industries:
1. Tourism and Hospitality Industry
2. Technology and IT Services
3. Energy and Utilities
The students must consider Oman’s unique natural and cultural heritage and propose a business model that is
both profitable and sustainable, with an initial investment cap of 200,000 OMR.
The assignment should contain the following subparts:
1. Introduction of the business idea with the specific objectives of the business. (200 words Introduction+
100 words objectives)
2. Evaluate the project on Market feasibility criteria such as Potential market, potential customer, existing
competition etc. (300 words)
3. Evaluate the project on financial feasibility criteria such as estimation of capital, costs, revenue etc. (350
words)
4. Evaluate the project on operational/technical feasibility criteria such as product features, plant capacity
machinery requirement, and supply of materials etc. (250 words)
5. Evaluate the project on organizational feasibility criteria such as organizational structure, manpower
estimations, authorities, responsibilities etc. (300 words)
6. Identification of potential risks and uncertainties associated with the project (250 words)
7. Concise summary of the main findings based on market feasibility, financial feasibility, technical
feasibility, and organizational feasibility. (250 words)
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Additional instructions:
Coursework (Individual assignment) must be submitted online through Turnitin before due date. An
acknowledgement will be given to you by your teacher upon presentation of the finance clearance. This is your
receipt. Keep it.
The only circumstance in which assignments can be uploaded late via Turnitin is if a Mitigating Circumstances
(MC) form is submitted at the same time. In these circumstances work may be submitted within five (5) working
days. Make sure to secure MC form and submit the same to the concerned staff.
Write the number of words used, excluding references, at the end of your assignment. Provide the list of sources
you used at the last page of your assignment with proper label ‘References’. You may include diagrams, figures
etc. without word penalty. The number of words will be + or – 10% of the total words allowed.
A work declaration must be included just after the reference page of your assignment. This ensures that you
prepare your work in good faith. Any form of collusion and/or academic unfair practice will be dealt with
according to the pertinent rules and regulations of the partner university. Please read carefully the plagiarism
guide.
*************
Word count (or equivalent):
2000 Words
This is a reflection of the effort required for the assessment. Word counts will normally include any text,
tables, calculations, figures, subtitles and citations. Reference lists and contents of appendices are
excluded from the word count. Contents of appendices are not usually considered when determining
your final assessment grade.
Academic or technical terms explained:
Submission Details
Submission
Deadline:
Submission
Time:
25th April 2024
Estimated
Feedback
Return Date
After the result
announcement (10
working days) – July 2024
EB
9:00 PM
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Turnitin:
Any assessments submitted after the deadline will not be marked and will be
recorded as a non-attempt unless you have had an extension request agreed or have
approved mitigating circumstances. See the Gulf College website for more
information on submission details and mitigating circumstances.
File Format:
The assessment must be submitted as a word document and submit through the
Turnitin submission point.
Your assessment should be titled with your:
Student ID number, Module code and Assessment ID,
e.g. 1610200 GAC3000 WRIT1
Feedback
Feedback for the assessment will be provided electronically via Turnitin / MS Teams
/ Face to Face. Feedback will be provided with comments on your strengths and the
areas which you can improve. Module tutors give students two types of assessment
feedback: formative, which is given when the student is working on the completion
of an assignment or coursework, and summative, which is given upon completion of
the module. A comprehensive assessment feedback on your performance will be
given after the announcement of the results. (10 Working Days)
Assessment Criteria
Learning outcomes assessed
On successful completion of the module, a student should be able to:
 Evaluate the main theoretical principles which underpin the study of Entrepreneurship and
Innovation.
 Critically analyse the linkages between innovation and entrepreneurship within a variety of profit and
not of profit organisations.
 Critically evaluate the variety of entrepreneurial processes relating to new business creation, within
larger firms (intra-preneurship), control procedures and exit strategies.
 Evaluate the concept of entrepreneurial strategy.
 Analyse the relationship between Entrepreneurship and the wider environment, including government
policy.
In addition, the assessment will test the following learning outcome:




Evaluate the main theoretical principles which underpin the study of Entrepreneurship and
Innovation.
Critically analyse the linkages between innovation and entrepreneurship within a variety of profit and
not of profit organisations.
Evaluate the concept of entrepreneurial strategy.
Analyse the relationship between Entrepreneurship and the wider environment, including government
policy.
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Marking/Assessment Criteria
Question
No.
Marks
Allocated
Description
Introduction of the project (200 words)
 State the purpose and scope of the feasibility study
1.
 Provide relevant background information on the project
 Problems and opportunities
 Description of proposed business
10
Objectives of the project (100 words)
2.


10
State the objectives of the project idea
Assess the clarity and specificity of the objectives
Feasibility Evaluation
 Marketing feasibility (15 Marks) (300words)
– Potential market
– Potential customer
– Existing Competition
Market strategy
 Financial Feasibility (15 Marks) (350words)
– Estimation of capital
– Estimation of costs
– Estimation of revenue
– Balance sheet/income statement for minimum 2 years
– Break-even point
3.
 Operational/Technical Feasibility (15 Marks) (250
words)
– Product features
– Plant capacity
– Production process
– Machinery requirements
– Sources of supply of materials
 Organisational Feasibility (15 Marks) (300words)
– Organisation structure
– Size of the organization
– Authorities and receptibilities
– Manpower estimation
– Skills required
60
Risk assessment (250 words)
4. Identification of the skills and knowledge learned from the task with
10
reflection on the use and application of these skills and knowledge.
5. Summary of the feasibility findings (250words)
10
Total
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Further Information
Who can answer questions about my assessment?
Questions about the assessment should be directed to the staff member who has set the task/assessment
brief. This will usually be the Module tutor. They will be happy to answer any queries you have.
Referencing and independent learning (Not applicable for Examination)
Please ensure you reference a range of credible sources, with due attention to the academic literature in the
area. The time spent on research and reading from good quality sources will be reflected in the quality of
your submitted work.
Remember that what you get out of university depends on what you put in. Your teaching sessions typically
represent between 10% and 30% of the time you are expected to study for your degree. A 20-credit module
represents 200 hours of study time. The rest of your time should be taken up by self-directed study.
Unless stated otherwise you must use the HARVARD referencing system. Further guidance on referencing
can be found in the on Moodle. Correct referencing is an easy way to improve your marks and essential in
achieving higher grades on most assessments.
Technical submission problems (Not applicable for Examination)
It is strongly advised that you submit your work at least 24 hours before the deadline to allow time to resolve
any last minute problems you might have. If you are having issues with IT or Turnitin you should contact the
IT Helpdesk on (+968) 92841521/ 92841217. You may require evidence of the Helpdesk call if you are trying
to demonstrate that a fault with Turnitin was the cause of a late submission.
Mitigating circumstances
Short extensions on assessment deadlines can be requested in specific circumstances. If you are
encountering particular hardship which has been affecting your studies, then you may be able to apply for
mitigating circumstances. This can give the teachers on your programme more scope to adapt the
assessment requirements to support your needs. Mitigating circumstances policies and procedures are
regularly updated. You should refer to your Academic Advisor for information on extensions and mitigating
circumstances.
Unfair academic practice
Cardiff Met takes issues of unfair practice extremely seriously. The University has procedures and penalties
for dealing with unfair academic practice. These are explained in full in the University’s Unfair Practice
regulations and procedures under Volume 1, Section 8 of the Academic Handbook. The Module Leader
reserves the right to interview students regarding any aspect of their work submitted for assessment.
Types of Unfair Practice, include:
Plagiarism, which can be defined as using without acknowledgement another person’s words or ideas and
submitting them for assessment as though it were one’s own work, for instance by copying, translating from
one language to another or unacknowledged paraphrasing. Further examples include:
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 Use of any quotation(s) from the published or unpublished work of other persons, whether published in
textbooks, articles, the Web, or in any other format, where quotations have not been clearly identified as
such by being placed in quotation marks and acknowledged.
 Use of another person’s words or ideas that have been slightly changed or paraphrased to make it look
different from the original.
 Summarising another person’s ideas, judgments, diagrams, figures, or computer programmes without
reference to that person in the text and the source in a bibliography/reference list.
 Use of assessment writing services, essay banks and/or any other similar agencies (NB. Students are
commonly being blackmailed after using essay mills).
 Use of unacknowledged material downloaded from the Internet.
 Re-use of one’s own material except as authorised by your degree programme.
Collusion, which can be defined as when work that that has been undertaken with others is submitted and
passed off as solely the work of one person. Modules will clearly identify where joint preparation and joint
submission are permitted, in all other cases they are not.
Fabrication of data, making false claims to have carried out experiments, observations, interviews or other
forms of data collection and analysis, or acting dishonestly in any other way.
How is my work graded?
Gulf College uses Cardiff Metropolitan University’s Generic Band Descriptors (GBD), in conjunction with
programme-specific and/or assessment-specific descriptors that are developed in accordance with the
principles underpinning the generic descriptors, as a reference in marking student work outputs. This is to
ensure that marking is consistent across all Cardiff Met students’ work, including the work outputs of students
in Gulf College.
Assessment marking undergoes a meticulous process to make sure that it is fair and truly reflects the
performance of students in their modules. Marking of work at each level of Cardiff Met degree programmes
are benchmarked against a set of general requirements set out in Cardiff Met’s Guidance on Assessment
Marking. https://www.cardiffmet.ac.uk/registry/academichandbook/Documents/AH1_04_03.pdf
To find out more about assessments and key academic skills that can have a significant impact on your
marks, download and read your Module Handbook from Moodle and your Programme Handbook from the
college website.
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