ENTREPRENEURIAL ACTIVITY
You have between now and the end of the semester to 1) choose/create your product/service and 2) carry out the activities required to make a sale.
Deliverable: Finally, for this part, submit a short report (2-3 pages) with the following four (4) components:
Explanation of your chosen product/service – What did you try to sell?
Explanation of your efforts in selling your product/service to potential customers – What actions did you take?
The outcome/result of your efforts – Were you successful in selling? How or why not?
Evidence to prove the outcome/result
Answer the following questions in detail and submit it along with your EA report.
Note: Each of these questions is worth 10 points (5 for total 50), so you will need to provide a substantial, well-crafted and convincing response to each of them.
What made you select your chosen product/service? Would you choose it again if you were required to do this project all over again?
What activities did you do to successfully carry out this business endeavor? Begin from the first stage of idea-generation or problem-identification. Narrate your experience in this process in detail.
What do you think about the outcome of your business endeavor?
What did you learn from this exercise? What do you think you should have done differently?
Is it possible to convert this one-time exercise into a sustainable business? How would you do it? If it is not possible, what modifications would be required to convert the activity it into a long-term business?
