Hey Kinini,
Im needing help on my last assignment for the class. Can you help me?
I just need to do SECTION II
Analysis Section II
In reviewing the "1uptoys: Breaking into the global toy industry" case study, it is important to assess and analyze the ENTREPRENEURIAL PROCESS AND ENTREPRENEURIAL COMPETENCIES for the individuals and the opportunity under consideration. Therefore, respond to each of the following questions regarding these entrepreneurial process and the entrepreneurial competencies as they exist and as you might have performed them.
1. After examining the international toy industry, provide an analytic assessment regarding the attractiveness of the toy industry for a new venture such as that proposed by 1uptoys. Consider the R&D intensity, the extent to which current mature firms within the industry control the market space,the size of the market space, the extent to which intellectual property should be pursued for entering firms like 1uptoys.
2. After analyzing the founders, assess the extent to which Ronald Mannak exhibits soundentrepreneurial competencies such as opportunity recognition, opportunity assessment, and riskmanagement/mitigation (to name a few) and to what extent do you believe he approached the issue of risk and uncertainty? Provide an analytical assessment of the positive and negative aspects Ronald's entrepreneurial competencies impact the start-up.
3. Provide a consensus assessment of the alignment between the opportunity, Ronald's competencies and his ability to obtain the needed 225,000 Euros from external sources. Include any dissenting comments in the assessment.
- Attachment 1
- Attachment 2
- Attachment 3
Analysis Section IIn reviewing the "1uptoys: Breaking into the global toy industry" case study, it is important toassess and analyze the BUSINESS FUNCTION conditions, capabilities, and obligations for theentrepreneurs and the organization that is being launched. Therefore, respond to each of thefollowing questions regarding these business function conditions and situations.1. Provide an analysis of the specific experiences, skills, and capabilities that each member of theteam brings to the venture. Assess the relevance of the contribution each is prepared to provide tothe management, marketing, accounting, and finance of the firm. In addition, please assess how theteam (as a whole unit) is prepared to conduct the normal and expected functions of business.2. How would an experienced business analyst evaluate the functional business situation thatsurrounds the toy industry in terms of growth potential and market-entry potential? Please assessthese functional areas in relation to the various environmental forces that surround the businesseswithin the specific sector that 1uptoys operates: consider technology, socio-cultural, legalregulatory, and competitive.3. Provide a consensus assessment of the analyzing group (you and your colleagues) about the"soundness" of the new venture's functional business decision making. Include any dissentingcomments with the collaborative consensus.Analysis Section IIIn reviewing the "1uptoys: Breaking into the global toy industry" case study, it is important toassess and analyze the ENTREPRENEURIAL PROCESS AND ENTREPRENEURIALCOMPETENCIES for the individuals and the opportunity under consideration. Therefore, respond toeach of the following questions regarding these entrepreneurial process and the entrepreneurialcompetencies as they exist and as you might have performed them.1. After examining the international toy industry, provide an analytic assessment regarding theattractiveness of the toy industry for a new venture such as that proposed by 1uptoys. Consider theR&D intensity, the extent to which current mature firms within the industry control the market space,the size of the market space, the extent to which intellectual property should be pursued for enteringfirms like 1uptoys.2. After analyzing the founders, assess the extent to which Ronald Mannak exhibits soundentrepreneurial competencies such as opportunity recognition, opportunity assessment, and riskmanagement/mitigation (to name a few) and to what extent do you believe he approached the issueof risk and uncertainty? Provide an analytical assessment of the positive and negative aspectsRonald's entrepreneurial competencies impact the start-up.3. Provide a consensus assessment of the alignment between the opportunity, Ronald'scompetencies and his ability to obtain the needed 225,000 Euros from external sources. Include anydissenting comments in the assessment. Analysis Section IIIBased on the information provided within the case and all additional information that is available, andbased on your understanding of the three essential skill sets (business function competencies,entrepreneurship process competencies, and entrepreneurial competencies), provide responses tothe following questions. The answers to these questions and all previous questions will be the basisfor your groups overall case study analysis and assessment of 1uptoys.1. Provide an analytical assessment of the major elements of the venture known as 1uptoys. Areview of the Timmons Model may assist in this evaluation. Specifically provide an evaluativeassessment on the basis of the business functions, entrepreneurship process, and entrepreneurialcompetencies for:A. The founder(s),B. The opportunity,C. The resources,D. The team,E. The capital market context, andF. The uncertainty that surrounds the venture.2. Knowing the time sequenced outcomes that follow the company after the case study stops, whatrecommendation would your group make for WHAT SHOULD HAVE BEEN DONE (past tense) in aneffort to keep the venture from ultimately failing? Please refer to the additional information providedregarding the update of the 1uptoys experience. The additional information will be released onSunday, April 24, 2016.3. What lessons (for aspiring entrepreneurs) can be learned from reading, reviewing, and analyzingthe case study titled "1uptoys: Breaking into the global toy industry?"ALL COMPREHENSIVE CASE STUDY SUBMISSIONS ARE DUE NO LATER THAN TUESDAYMAY 3, 2016. ALL SUBMISSIONS MUST BE ATTACHED AS A SINGLE WORD DOCUMENTWITHIN THE ASSIGNMENT SECTION. NO ANALYSES WILL BE ACCEPTED OTHER THANTHOSE THAT ARE ATTACHED WITHIN THE ASSIGNMENT SECTION. ALL QUESTIONS TOTHE PROFESSOR OR OTHER MEMBERS OF THE INSTRUCTIONAL CADRE MUST BE SENTAS A GROUP USING THE EMAIL FUNCTION WITHIN BLACKBOARD.
