ENT600 Technopreneurship UiTM assignment example Malaysia
Technopreneurship is a term that refers to an individual who is successful in becoming an entrepreneur. There are two types of Technopreneurs: the ones who achieve fox rank and more, and those who have got apache rank. The difference between these two categories is that the first group usually work as entrepreneurs while the second group typically becomes a technologist or a data scientist. Many times, people get married, have children, or start their own business because they feel it is their best option at some point in time.
The Technopreneurship is an opportunity for technical professionals to work with the online platform and have access to its resources. This assignment will look at how this platform can benefit Malaysia’s economy. The Technopreneur should be able to help the website generate more traffic, improve user experience, and grow the site’s traffic considerably.
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This assignment ENT600 provides all the materials you need to complete your study of the Technopreneurship program, from test questions and answers to finished notes. It is especially relevant for students who are looking to take the Technopreneurship exam next school year.
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Assignment task 1: Analyze the concept and process related to principles of technology entrepreneurship.
The process of technology entrepreneurship is the process that covers the time from idea to product or service. It includes both the ideation and decision-making processes as well as the design, development, testing and approval processes. The process can be divided into two main categories: formal and informal. Formal technology entrepreneurship occurs when a company is founded through acquisition rather than by itself developing its own technology; it falls under the jurisdiction of companies such as Apple or Amazon. In contrast, Informal Technology Entrepreneurship happens when a company arises out of no fault of their own ( often due to an unforeseen event), and they fall under the jurisdiction of companies such as Uber or Airbnb. This type of technology entrepreneurship seldom receives all the same attention given to it since it operates in an unregulated market place.
It involves taking ideas from someone who has developed them in the past and then developing their concepts into a new product or service. This can be done through business plan development, resource development, and by applying for companies, creating models, and testing the models before launch. The goal is to create a technology company that will be successful and thus, succeed in their venture.
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Assignment task 2: Demonstrate managerial and entrepreneurial skills in identifying technology-based business opportunities.
Demonstrate skills such as identifying opportunities, prosecuting business ventures, and developing new products or services. In addition to these traditional skills, you will be able to identify technology-based businesses that may be successful in the marketplace. You’ll also need to have a strong understanding of business principles and how to run a company. This course would not be possible without the help of our clients who provide unpublished examples of their managerial and entrepreneurial skills.
Demonstrate the ability to identify and solve business challenges with technology. This includes identifying new business opportunities, developing methods for starting and running businesses, and implementing best practices for business growth. Additionally, you will be able to manage and control your resources, identify risks around your product or service, and develop marketing strategies that grab attention in the market.
Assignment task 3: Demonstrate information retrieval and management skills in preparing technology venture blueprint.
The technology venture blueprint is a comprehensive plan that will help you to manage and demonstrate information retrieval skills in preparing your invention for marketability during the startup process. By demonstrating the ability to identify, value, and sell your technology venture Blueprint through appropriate methods such as literature writing, business planning, and marketing research, you will be able to make sure that your invention is presented favorably before the start of business operations.
Demonstrate the ability to manage and demonstrate information retrieval skills in preparing a MagnetTech venture blueprint. This will include demonstrated ability to compare and contrast different technology ventures, analyze business models,speeches,and statements by Magnettechators. Furthermore, this Blueprint should show demonstration of paperless waiting list management, development of an intelligent algorithm that would detect new arrivals in the city search function and submit your offer to the market.
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