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GSP401 Alibaba Cloud-SUSS Certificate/Minor In Entrepreneurship Assignment Sample SUSS Singapore

The entrepreneurial spirit of Singapore is deeply ingrained in its culture. Entrepreneurs drive innovations that create more jobs for the economy, while small enterprises can be nimble and responsive when the market needs change or new opportunities arise – they’re also capable enough on their own without needing major investment from investors which means these types of companies won’t just survive but thrive! This Minor/Certificate programme aims to help aspiring entrepreneurs who have thought about starting up before now get started with an idea quickly so you must apply if this sounds like something your business could run on. The coursework will be delivered in a mix of face-to-face and online learning, with an emphasis on experiential learning through case studies, guest lectures, hands-on projects, site visits as well as real-world entrepreneurial simulations.

This programme is a great opportunity for students who have the desire and potential to make an impact on society. Mentorships in this course will be provided by industry leaders sourced through Alibaba, ensuring that your skills are developed accordingly with what’s needed now more than ever before- including job creation.

This programme will not only provide you with the skills needed to be a successful entrepreneur, but it will also allow you to network with other like-minded individuals. The entrepreneurial spirit is deeply ingrained in Singapore culture, and this course will help you tap into that so you can create something special. Don’t miss out on this chance to take your career to the next level – apply today and start building your dreams.

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Assignment Activity 1: Demonstrate ability to start a business or social enterprise

Starting a business or social enterprise takes a lot of hard work, dedication, and perseverance. It also helps to have a clear vision and mission for your company, as well as a strong team that shares your same values and is committed to the success of your venture.

Some key things to keep in mind when starting a business or social enterprise include:

1) Having a detailed business plan and financial projections.

2) Build a great team who shares your vision and is passionate about the company’s mission.

3) Marketing your company in an effective way that resonates with your target audience.

4) Focusing on quality over quantity, and making sure your products or services are top-notch.

5) Maintaining good communication with your customers or clients.

6) Always being willing to adapt and change as needed.

The most important thing to remember when starting a business or social enterprise is that it takes a lot of hard work, dedication, and perseverance. If you keep these things in mind, you’ll be well on your way to success.

Assignment Activity 2: Demonstrate ability to use contemporary technologies to set up a business

There are many ways to set up a business using contemporary technologies. 

One way would be to create a website or online store. 

Another way would be to use social media platforms such as Facebook, Twitter, or Instagram to market your products or services. You can also use digital tools such as email marketing or online advertising to reach potential customers. Whatever approach you choose, make sure you have a clear plan for how you will use technology to help your business succeed.

While there are many different ways to use technology to set up a business, the key is to be strategic and focused. You need to identify your target audience and determine how you can best reach them through online channels. This might involve doing market research or collaborating with experts in digital marketing, for example. You should also be prepared to adopt new technologies and adapt your business strategy over time as the landscape of technology continues to evolve.

Ultimately, using technology to set up a business is about connecting with customers and building relationships. Whether you are using digital tools or more traditional methods, it is important to remain authentic and stay true to your values as you grow your business. With careful planning, a strong vision, and a willingness to stay relevant in the ever-changing world of technology, you can set yourself up for success.

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Assignment Activity 3: Demonstrate ability to conduct business negotiations

There is no one-size-fits-all answer to the question of how to conduct business negotiations. The approach that you take will depend on several factors, including the specific situation, the people involved, and your style and personality. However, some general tips can help you to negotiate effectively. 

Before entering into any negotiation, it is important to do your homework. This means knowing as much as possible about the other party, the issue at hand, and what your goals and objectives are. Once you have this information, you can develop a negotiating strategy. 

It is also crucial to be prepared to compromise. In any negotiation, both sides must be willing to give something up to reach an agreement. You should also remain flexible and open to new ideas, and be ready for unexpected twists and turns along the way.

Finally, remember that effective negotiation is about finding a solution that is acceptable to both parties. It is not about winning or losing. With this in mind, try to keep the lines of communication open, and focus on creating a win-win situation. 

Assignment Activity 4: Create persuasive presentations and convince potential investors through their sales pitch

Creating a persuasive presentation is key when it comes to convincing potential investors. Your sales pitch should be clear, direct, and informative. But more importantly, it should be engaging. Here are a few tips to help you create a presentation that will pique your audience’s interest and get them to invest in your business:

  1. Tell a story. Stories are memorable and they resonate with people. When you craft your presentation around a story, you’ll be able to capture your audience’s attention and better relay the information you’re trying to communicate.
  2. Use visual aids. People are visual creatures and we process information better when it’s accompanied by visuals. So use photos, graphs, infographics, or any other visual elements that can help bring your ideas to life and support the points you’re trying to make.
  3. Be concise and clear. Your presentation should be concise, yet thorough so that it is easy for your audience to understand and remember the key takeaways from your pitch. But don’t forget to keep things engaging by using a variety of formats, including videos, interactive elements, and other multimedia tools.

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Assignment Activity 5: Develop the ability to be a self-directed and lifelong learner

There are a few things that you can do to develop the ability to be a self-directed and life-long learner.

First, it is important to set your intention to learn continuously. Whether this means setting aside time each day for reading or signing up for courses that interest you, Dedicating time and energy to learning will help you develop into a self-directed learner.

In addition, it is important to identify your “learning style.” Some people learn best by listening to audiobooks or lectures, others by reading texts, and others through interactive experiences. Experiment with different methods of learning new information and stick with the ones that work best for you.

Finally, remember that failures are part of the learning process – don’t get discouraged if you don’t understand something immediately or make mistakes along the way. Instead, see failures as opportunities to learn and grow. By following these steps, you can develop into a self-directed and life-long learner.

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