Question: ASSIGNMENT RATIONALE Students should demonstrate an ability to practically utilize the taught concepts and theories in a real business environment. OVERVIEW All the students will

ASSIGNMENT RATIONALE Students should demonstrate an ability to practically utilize the taught concepts and theories in a real business environment.

OVERVIEW

All the students will work on a hypothetical company/firm and give it a unique name. o The company/firm should be registered as a business in Canada, though it can operate in and cater to clients/customers/consumers outside of Canada. o It could be a small, medium, or large business enterprise. o The business should either create product/s or and provide services. o Students can decide on the current life cycle stage for the business. For example, you may consider establishing a new business venture, expanding, or restructuring an existing business, etc. While you create your assignment document, following the section-wise approach below. For meeting the scope of the assignment, students are required to complete all four sections. Each section has been divided into points ranging from 1 to 3; incorporate answers to all the points. You will also observe hints in each section. Its purpose is ONLY to provide directions to students and should not be treated as a requirement of the assignment.

SECTION 1- DESCRIPTION OF THE BUSINESS

1. Provide a complete description of your business. Utilize the points shared above in the overview and top it up with more details that you feel are necessary to explain your business. Consider this section as an opportunity to introduce what, why, and how of your business to the audience. Hints ( not limited to) o Goals and objectives. o Organizational structure/culture o Business Model o Product or services created; their value proposition, competitive advantage etc. o Target audience. o Timeline- How long have you been in business/ is it a fresh start?

SECTION 2- BUSINESS OWNERSHIP

1. Which form of business ownership model does your business follow, or is planning to follow, and why? 2. Advantages and disadvantages of the chosen business ownership model? 3. Given the COVID 19 pandemic, what general threats and opportunities do you foresee for your business? Hints o While answering, keep in mind the products and services being offered by your business. o Complexity, size, and geographic expanse of your business.

SECTION 3- COST-BASE ANALYSIS

1. List the Types of Costs associated with your business? a. Along with the Fixed and Variable costs, also discuss the contingencies and future-needs cost. b. Mention at least 5-8 examples for each type. 2. Depending on your Cost-Base Analysis, what Degree of Managerial Control would you have over the financial decisions of your business. Explain?

Hints o Think of all the major activities/ departments/ processes associated with your business operations' current and future needs. o Once you have these details, categorize them according to the classification discussed in the Cost-Base Analysis. o While thinking of the degree of managerial control, think about how COVID might have played a role in altering your decisions.

SECTION 4- SOURCES OF FUNDS

1. Following the information provided in the sections above, which Source/s of Funds is your business eligible for? 2. According to the need of your business, which of the eligible sources will you choose to fund your requirements. Clearly mention the financial tools you plan to utilize, and why? 3. If COVID 19 altered your potential to secure funding from the primary source. What alternative options would you explore (financial tools) to support your business? Explain?

Hints o Remember that there are three significant Sources of Funds available, as discussed in your course text. o However, each business has specific requirements and ownership structure that determines the most appropriate source of funding. o Financial tools are the different options available under each Source of Funding. E.g., Under Equity Financing, there are tools like an IPO, APO, private equity, etc.

INSTRUCTIONS This is an INDIVIDUAL assignment; therefore, collaboration with another student in any form will not be tolerated. The assignment document should NOT be more than five pages in total, including the title and reference page. Page 1 should be the Title Page consisting of the student name, ID number, section, course code, course name, professor's name, and submission date. The main body of the assignment will begin on page 2. The last page is for References, noting all the sources used, including the course text. There is no minimum or maximum word limit for this assignment. The assignment submission should be made in an MS Word format only to the Course Shell Assignment Folder titled Individual Assignment Two Resubmissions are allowed ONLY within the due date/timeframe set for submission. Any resubmission made past this point would be penalized according to the Late Assignment Submission Policy

ACADEMIC INTEGRITY All the students will follow the Paper Format, Writing Details, Referencing, and In-text citations outlined in APA@Conestoga. Any Academic Dishonesty will result in either an Academic Warning or Offence, depending on the case. Refer to the Academic Integrity page for more information. Plagiarism checker similarity up to 30% from the textbook and online sources is expected and acceptable. However, copying or paraphrasing another student's assignment will be considered cheating and be addressed following Conestoga's policies on Academic Integrity.

RUBRIC

Refer to the Rubrics tool in your respective course shells. How to access? Step 1- Click on Course Tool and open the drop-down menu. Step 2- Scroll down the list, find Rubrics, and click on it Step 3- Click on Written Assignments.

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