Coursework Two: Business Plan: Feasibility Analysis and Presentation:
For the second coursework, students are expected to undertake a market feasibility analysis for a proposed business idea. This is to be written up as a business plan feasibility report (1250words) and submitted along with video recorded evaluation of business feasibility (5-7 minutes). The written report along with the presentation will assess understanding of relevant concepts and student’s ability to apply what they have learned about constructing a feasible business plan.
The following criteria will be assessed in the feasibility analysis:
• Industry overview: understanding of structure, stage of life cycle and implications.
• Analysis of Industry environment: e.g. using Porter’s 5 Forces.
• Customer-orientated evaluation: evidence of data collection (primary and secondary), stakeholder evaluation and customer segmentation/profiling.
• Competitive intelligence: identification of key competitors, evaluation of performance characteristics.
Criteria for assessing the presentation will include:
• Delivery: Confidence, time management, professionalism etc.
• Clarity and focus of structure: maximizing key points, content, flow etc.
• Robustness: innovativeness, creativity, achievability, realistic communication of market plan, and adequate support for feasibility etc.