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CEI680 ICT ENTREPRENEURSHIP Question 1 Information Technology is an essential part of various aspects of a business, especially in the ICT Entrepreneurship setup

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CEI680 ICT ENTREPRENEURSHIP Question 1

Information Technology is an essential part of various aspects of a business, especially in the ICT Entrepreneurship setup.  Imagination from initial ideas to product marketing where setting-up a business is always possible for everyone as long you have devices and Internet access.  This can be seen in online business transactions such as e-Hailing, e-Hotel Bookings, e-Food Orderings, airline tickets and the e-learning system at many e-Universities. 

 

With reference to the above,

a)            Imagine that you are a vibrant Entrepreneur, trying a business with technology intervention.  What business do you decide to venture into?  Justify the reasons for how you come out with the decision.

(6 marks)

b)            Describe FOUR (4) characteristics and FOUR (4) skills you have identified that could help you to be successful in that business.

(8 marks)

c)            With reference to Porter’s Model, analyse the appropriate environment in order to determine the factors that influence your chosen business.

(6 marks)

d)            Discuss FIVE (5) Information Technology initiatives offered in your country to enhance national productivity by venturing into entrepreneurship.

(5 marks)

 [Total: 25 marks]

 

Question 2

As an entrepreneur, researching is an important aspect of collecting relevant information.  Conduct some research on new innovations and trends in the Hospitality industry.

a)            Discuss how the new innovation affects the traditional retail business in a hospitality environment?  Present TWO (2) examples to illustrate your explanation.

(9 marks)

b)            Discuss how the entrepreneurship in your country as compared to the world by describing the entrepreneurship activities in your country.

(6 marks)

[Total: 15 marks]

 

Question 3

An entrepreneur’s primary task is to locate new ideas and opportunities.  Then you further need to determine whether they are great opportunities that could be put into rapid action.  Assume that you want to venture into a new enterprise, identify ONE (1) opportunity that you think can be exploited.  Describe your interests and passions in that opportunity.  Then, identify your capabilities to solve the problems for the opportunity that you have decided to venture into.

[Total: 10 marks]

 

 

Question 4

Consider this simple scenario.

An amateur Barista set up a Hip Trendy Cafe in a distant rural area. The business was closed down after 6 months of operations. In your opinion, what are  5 (FIVE) possible causes for the failure? Provide your justifications.