Business Idea Competition
The
Pitch:
UTM is planning to conduct
a Business Idea Competition among its undergraduate students which will be
announced soon. The winner will be representing UTM to compete at the national
level among all other IHLs in Malaysia. The final round presentation will not
only be judged by several business & technology experts BUT will also be
observed by several reputable companies or Venture Capitalists who might want
to fund the idea to commercialization.
The
Task:
Each group is required to
suggest a business idea of an IT related
Product to be offered to the market. Brainstorm among your group members
& plan for the execution of the project.
Use the attached guidelines to help you in focusing and
developing your business idea. Only ONE business idea is
required. Make sure you have your facts
& figures to support your arguments / claims. Pay particular attention to the details
of your explanation. Prepare a business idea proposal for the competition
above. Display your work in the Group’s Portal
created earlier.
Hint:
A
winning Idea usually have characteristics
such as: ability in solving significant real-life problem, needed &
demanded by the mass – not just a few specific groups of people, it is unique,
new & novel, it is also creative & innovative, should comply to certain
unique & strong business strategy (such as The Blue Ocean strategy),
effective proposal writing, it portrays strong management team, realistic
business model, knowledge of the industry & competition, powerful &
convincing presentation…. just to name a few …..
Guidelines:
Business Idea & Executive Summary
a.
Business Idea description is complete,
comprehensive and adequately covers overall business proposition.
b.
Executive Summary adequately articulates
all relevant and pertinent issues related to the overall business proposition.
Product
Description
a.
Description of problem, gap or business
opportunity.
b.
Demonstrates ability to deliver customer
value or value proposition.
c.
Displays uniqueness / novelty of technology
usage proposition.
Market
& Competition
a.
Identify specific target market.
b.
Good analysis of the competition and
industry.
c.
Identify marketing plan and sales
strategies.
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22th December 2012 - 29th December 2012
Assignment 10
Find a scheme for entrepreneurs that offered by agencies as mention below.
Assignment 10
The Task
Find a scheme for entrepreneurs that offered by agencies as mention below.
Attachment : Goverment Agencies
Attachment : Bank
Attachment : Grants(MTDC/MSC MALAYSIA)
Attachment : Venture Capital
Attachment : Bank
Attachment : Grants(MTDC/MSC MALAYSIA)
Attachment : Venture Capital
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8th December 2012 - 14th December 2012
Assignment 9
The Task
Develop a Business Model of a choosen business - DOMINO'S PIZZA
Assignment 8
The Task
Search from internet for the most outstanding business plan
Attachment : Recycling Waste Materials Business Plan
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24th November 2012 - 30th November 2012
Assignment 7
The Task
The following are Group Work. For each of the following
assignments you are required to organize the information gathered in your
group's mini-portals.
4. Profile of RnD Products (10)
6. Profile of Franchise Business (10)
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10th November 2012 - 16th November 2012
Assignment 6 - Organization Entrepreneurs.
Attachment : Oranizational Entrepreneurs - MARA
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Assignment 5 - Rich List.
The Task
Each group is required to search 10 published articles of successful organization entrepreneurs in any field. The entrepreneurs you choose should be of MALAYSIAN origin.
Include: Entrepreneur Photo, Product Photos & Articles describing success stories of their respective enterprises.
To do these you need to scan the hard-copy articles and save in jpeg format or you may simply search through the internet.
Organize your articles for this assignment in the Group Portal created earlier.
Due Date : December 22, 2012
Attachment : Oranizational Entrepreneurs - MARA
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Assignment 5 - Rich List.
The Task
You
are required to search and update information of the Rich List (for
example Terkaya Dunia, Terkaya Malaysia, Terkaya Asia, etc…
Refer to http//i-usahawan.my ) for the year 2011 - 2012 whichever latest. Since there are not so much movements in the rankings as to the previous year, you could extend the rich list up to 20 people in the category you have chosen. The more the better, ‘cos you get to know more people. Basically your task is to update the rankings. But more importantly, is to know who they are, what business they do, their business strategy etc. This will give us some indications of the potentials of various business areas.
Refer to http//i-usahawan.my ) for the year 2011 - 2012 whichever latest. Since there are not so much movements in the rankings as to the previous year, you could extend the rich list up to 20 people in the category you have chosen. The more the better, ‘cos you get to know more people. Basically your task is to update the rankings. But more importantly, is to know who they are, what business they do, their business strategy etc. This will give us some indications of the potentials of various business areas.
Gather
& organize your work in Bahasa
Malaysia using the same Format as in the portal.
Make sure you
get their photos & correct facts about their wealth & businesses. Don’t
forget to state the source/reference of where you get the info from.Without
references, your info in INVALID !
Due Date : December 22, 2012
Attachment : Top 20 2012 Forbes China Rich List
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Assignment 4 - Malaysian Graduate Entrepreneurs (Usahawan Graduan).
The Task
This is a Group Work.
Each group is required
to search 10 published
articles of successful graduate entrepreneurs in any field. The
entrepreneurs you choose should be of MALAYSIAN origin.
Include: Entrepreneur Photo, Product Photos &
Articles describing success stories of their respective enterprises.
To do these you need to
scan
the hard-copy articles and save in jpeg format or you may simply search through the
internet.
Organize your articles
for this assignment in the Group Portal created earlier.
Due
Date : December 22, 2012
Attachment : Usahawan Graduan
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Assignment 3 - Malaysian Successful Entrepreneurs (Usahawan Jaya).
The Task
This is a Group Work.
Each group is required
to search 15 published
articles of successful entrepreneur in a specific field (such as
Agriculture & Fisheries/ IT / Entertainment / Food & Beverages /
Cosmetic & Beauty / Fashion / Health
/ Auto / Education / Sports & Recreation / Service / Hotels & Leisure etc. The
entrepreneurs you choose should be of MALAYSIAN origin.
Include: Entrepreneur Photo, Product Photos &
Articles describing success stories of their respective enterprises.
To do these you need to
scan
the hard-copy articles and save in jpeg format or you may simply search through the
internet. The articles should be in Bahasa Malaysia.
Organize your articles
for this assignment in the Group Portal created earlier.
Due
Date : December 22, 2012
Attachment : Usahawan Jaya - Pertanian
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Assignment 2 - Profile Of Entrepreneur by Popular Product Invention/s.
The Task
You
are required to research and write a profile of an(1) Entrepreneur
chosen based on his/her popular product invention/s, services
offered or unique business concept/s
introduced. Examples of popular products/services/business
concepts worldwide are: MicroSoft, Apple Computers, Blackberry, Google, Yahoo!,
Linux, Hotmail, Nike, Ikea, WalMart, Sony, Cisco, Honda, Bose Speakers, Air
Asia, Body Shop, KFC, CocaCola, McDonalds, Levis Jeans, Air Asia, BOH Tea,
StarBucks, etc. Your report
/profile should include the followings:
i.
Photo of Entrepreneur
ii.
Picture of Product/s
iii.
Brief description of the products/services/business
concepts.
iv.
A profile of the Entrepreneur and the
business.
v.
A brief introduction of how the business
started.
vi.
How the business gained success etc.
vii.
The ups & downs of the entrepreneur
& his/her business.
viii.
Business Philosophy & Business
Strategies used.
ix.
Achievements attained in terms of Market
Share, Sales Turnover, Number of Outlets, Recognition, Adoption &
Acceptance of Product, etc.
x.
How the product / company got its name.
xi.
Unique features about the product /services/business
concept that makes it outstanding.
xii.
Key Factors contributing to the success
of the business.
This is an Individual
work.
DO NOT DIRECTLY COPY & PASTE !. HOWEVER,
YOU MAY MAKE A SYNOPSIS OR SUMMARY OF YOUR RESOURCES.
Open a NEW BLOGSPOT ACCOUNT for this
assignment (using the GROUP GMAIL ID).
Organize your work in
this newly created Blogspot account. This new blog will be linked
to the Groups’s Blog later.
Language to use: Bahasa Malaysia.
DUE DATE: December 22, 2012
DUE DATE: December 22, 2012
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29th September 2012 - 5th October 2012
Assignment 1 - Portal Creation
The
Task
This
is a Group Work. Your group is required to create a
Mini-Portal which will be the Journal
of all your coursework. Every in-class
discussions, lectures, activities, assignments and projects should be reported
here (virtually). With this, everyone in
your group will be able to see the progress & contribute anytime, anywhere
– Smart Ha! To do this, you first need to open a G-Mail account purposely for this class. Then create your mini
portal using BLOGGER.COM as your
portal platform.
Label
the url address as : ite.YourCompanyName.blogspot.com. You will add the coursework contents to the
portal as we progress throughout the semester.
Some Guidelines:
·
There is No fixed format. The design structure of your portal is up to your creativity.
Creativity counts!
·
Since this portal will be published
on-line “live”,
you should treat this portal as a Professional Portal.
·
No personal
remarks should be posted.
·
No Comments
allowed. Hide comment box.
·
Do not
show Archives.
·
Do Not clutter
your portal with unnecessary plug-ins eg.
calendar, follow-me, etc.
As a general rule of thumb, your portal should be
attractive, informative, easy to maneuver, well organized, up-to date
information, useful, and creative.
