Part $1\mathrm{.}1$: Exploring Entrepreneurial Innovation

$1)$ Describe the entrepreneurial opportunity your team wants to explore. In doing so$,$ identify whether the innovation to be managed is incremental or disruptive.$$

$2)$ Provide an overview of the entrepreneurial process and the implementation of innovation to maintain competitive advantage. Discuss the desired outcomes in terms of physical, cognitive and economic performance.$$

$3)$ Identify your team$$s motives for exploring the entrepreneurial opportunity and discuss how these support responsible and sustainable business practice.

Part $1\mathrm{.}2$: Psychological Predispositions and Attitude Towards Risks$$

$1)$ Investigate the psychological predispositions needed by your team to discern if the chosen entrepreneurial opportunity will lead to a bad business.$$

$2)$ Discuss your team$$s mindset and attitude when it comes to risks and justify why such is the most sensible approach.$$