Question: QUESTION 1 ( 2 0 MARKS ) Government has been spending considerable sums of money trying to create technopreneurs through funds and loan such as

QUESTION 1(20 MARKS) Government has been spending considerable sums of money trying to create technopreneurs through funds and loan such as Prosper Usahawan Muda (PUMA), Business Start-up Fund (BSF), Young Entrepreneur Fund (YEF) and many more. There are a few government-related agencies who are given responsibility to carry out the initiatives such as Malaysian Global Innovation and Creativity Centre (MaGIC), Cradle Sdn. Bhd., Multimedia Development Corp (MDeC) and a few more. Do your research to find details on any TWO (2) of the agencies; name the organizations and describe their functions, funding/loan name and facilities, any other facilities provided and their criteria for a company to apply for it. QUESTION 2(20 MARKS) There are various leadership styles discussed by both scholars and practitioners. a) Discuss any FOUR (4) leadership styles that you know. (8 marks) b) Do you think certain leadership styles depend on the start-up, size of the company, product or services oriented and any other factors? Comment and which one could be your style and why? (12 marks) QUESTION 3(20 MARKS) Your friend is keen to start a business. He is asking your advice on the importance of a business plan and what proprietorship to start with and why. a) Explain to him FOUR (4) reasons why he needs to prepare for a business plan before starting a business. (8 Marks) b) Explain and differentiate between sole proprietorship, partnership, private limited and public limited, and advise him which is the best for him at the moment and why. (12 Marks) QUESTION 4(20 MARKS) For an innovation to be introduced to the market, there are two types of innovation strategies, the Pioneering Strategy (First Mover) and the Follower Strategy (Late Entry). Choose any tech-based company and discuss FOUR (4) advantages of which their innovation strategy adopted had led to their current success. CONFIDENTIAL 3 MAY2024/TEC210 QUESTION 5(20 MARKS) The Business Model Canvas (BMC) serves as a tool to gain a deeper understanding of a business. Analyse and discuss ANY ONE (1) successful tech-based business in Malaysia, providing your own justifications for each block to support your thoughts. You need to explain each block relating to your chosen tech-based business and summarize them in the BMC

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