Question: Assignment 1: Idea Generation (20 marks) Please describe the process that your company (group) used to generate the idea that you adopted for the entrepreneurship

Assignment 1: Idea Generation (20 marks) Please describe the process that your company (group) used to generate the idea that you adopted for the entrepreneurship fair. Expected steps include: Process of recognizing the opportunities How ideas were generated Feasibility of ideas Reasons for selecting particular idea Assignment 2: 2: Business marks) Model (20 Please describe how your business intends to compete in the industry. Things to be covered include: The nature of competition in the industry of your your business (Use Porter's Five Forces Analysis) Industry type and the opportunities they offer The value chain of your business Which part of the value chain is the source of the competition? The business model should be presented using the Business Model Canvas? Assignment 3: Accessing Funding (20 marks) Please describe the sources of funding available to your business idea and the combination that is utilized. Things to be covered include: The main sources of financing Their merits and demerits Why your company is choosing a particular combination

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