IT Entrepreneurship and Innovation IT364

College of Computing and InformaticsProject
Deadline: Sunday 12/05/2024 @ 23:59
[Total Mark is 14]
Student Details:
CRN:
Name:
Name:
Name:
ID:
ID:
ID:
Instructions:
• You must submit two separate copies (one Word file and one PDF file) using the Assignment Template on
Blackboard via the allocated folder. These files must not be in compressed format.
• It is your responsibility to check and make sure that you have uploaded both the correct files.
• Zero mark will be given if you try to bypass the SafeAssign (e.g. misspell words, remove spaces between
words, hide characters, use different character sets, convert text into image or languages other than English
or any kind of manipulation).
• Email submission will not be accepted.
• You are advised to make your work clear and well-presented. This includes filling your information on the cover
page.
• You must use this template, failing which will result in zero mark.
• You MUST show all your work, and text must not be converted into an image, unless specified otherwise by
the question.
• Late submission will result in ZERO mark.
• The work should be your own, copying from students or other resources will result in ZERO mark.
• Use Times New Roman font for all your answers.
Description and Instructions
Pg. 01
Learning
Outcome(s):
Description and Instructions
Project Description
LO1:Demonstrate
a solid
understanding of
the potential of
entrepreneur in
today’s
competitive
business world
LO3: The student
will utilize strong
analytical skills
and tools to
formulate an
effective
Bootstrap
business Plan on
which a small
business.
LO6:Demonstrate
ability to think
independently
and
systematically on
developing a
viable business
model through the
process of
innovation and
creative thinking.
The Ministry of Environment Water & Agriculture stated that the total amount of food waste in
Saudi Arabia amounted to four million and sixty thousand tons, which is a very large number.
The percentage of food waste in Saudi Arabia is estimated at 45% for raw food and 60% for
cooked food. There is a need to work on an agreement between government agencies that are
unable to resume production and retail stores on how to use materials.
Think about a business initiative that contributes to reducing food waste and consider the
Information Technology as one of opportunities (i.e., utilize IT to accomplish the business
mission, goals, and objectives.). Name the business according to your wishes and develop a
business plan for your business idea. The business plan document should include:
1. Executives Summary ( 1 Mark)
a. Business name, Business address, and Nature of Business.
b. Vision, Mission, and list the core values.
2. Organizational/Strategic Plan ( 1.5 Mark)
a. Organizational Structure.
b. Goals and Objectives.
c. Key factors to Success.
d. SWOT Analysis
3. Marketing Plan and Analysis ( 2.5 Mark)
a. Identify your target market (i.e., Market Segmentation).
b. Target Market Segment Strategy.
c. Scope out your competition and draft a competitive analysis (i.e.,
Competitive Edge).
d. Describe the Services/Products to sell.
Description and Instructions
Pg. 02
e. Devise your marketing plan (i.e., The type of advertising or promotion
and promotional budget).
4. Web Plan Summary ( 1 Mark)
a. Website Strategy
b. Development Requirements
5. Management Summary ( 1 Mark)
a. Personal Plan (i.e., Explain your daily operations and Identify
management).
6. Financial Summary ( 3 Mark)
a. Important Assumption
b. Breakeven Analysis
c. Projected Profit and Loss
d. Projected Cash Flow
e. Projected Balance Sheet
f. Business Ratio
Project Instructions
•
Total Marks = 14
Project Report
Presentation
10 marks
4 marks
•
Group Size = 3- 4 members.
•
One group member (group leader) should submit all files: Project Report and
Presentation Slides on blackboard. Marks will be given based on your submission
and quality of the contents.
Description and Instructions
Pg. 03
Project presentation:
Grading Criteria:
Criteria
Marks
Complete content (Introduction, body, and conclusion)
2 marks
Answers questions accurately and effectively and clearly justify and
support the point of view when needed.
1 mark
Effective use of time (max. 8-10 mints)
0.5 mark
Voice projection and loudness/ Eye contact/ Confidence and attitude
0.5 mark
Total
4 marks
Pg. 04
Description and Instructions