MyAssignmenthelp

Get Help From World's No.1 Online Tutoring Company

Get Online Tutoring through WhatsApp

Question & Answers

MGB227 Assessment 2 Interim Learning Report

Learning Outcomes Unit Learning Outcomes 1, 2, 3 and 4, and AoL Goals KS (1.2) HO (2.1) (2.2), TS (4.1)
Assessment Type Written Report (section 1 - 1000 words / section 2 - 1000 words)
Weighting 40% (section 1 - 20% and section 2 - 20%)
Due date and how to submit ·         Due on April 20 2020 at 11.59pm.

·         Submit your report via Blackboard using Turnitin.

·         In accordance with university policy, failure to submit on the assigned date without an approved extension will result in a grade of 1 or 0%.

SECTION 1: Description of the Task:

Using the business model canvas, you are required to articulate your entrepreneurial thinking drawing on theoretical bases that comprise the Environmental Interaction (EI) Framework. First, with direct reference to your new value creation idea, explain how your individual/collective resource profile has shaped your ideas development. Second, with direct reference to the process of variation, selection & retention, and all forms of legitimacy, explain the importance of these factors on the development of your idea. Third, with direct reference to the three forms of value creation logic (value chain, value shop & value networks), explain what value you believe can be created and captured. Fourth, with direct reference to your idea’ ecological and selective environments, explain which factors most shaped the development of your idea. Finally, present your CPS (customer, problem & solution) statement, providing a closing summary that provides a theoretical argument to support your proposed solution, attaching your business model canvas to highlight your consideration of all other EI framework elements (note: the business model canvas is not included in your word count). You are free to include other theoretical concepts to develop your explanations, although, ensure the inclusion of other ideas is not at the expense of the specific elements (noted below) you are directly assessed on.

The elements of the EI Framework that need to be covered

  1. Resource profiles
  2. Cognitive & socio-political legitimacy
  3. Variation, selection & retention (VSR)
  4. Value chain, value shop and value networks
  5. Operational environment, including ecological and selective environments

SECTION 2: Description of the Task:

You are required to use the Steps Model (see the online tutorial to address the primary question you have been given to reflect upon. Ensure you follow the process as explained in the video (Using The Steps Model) to achieve both depth and clarity across all 7 supporting questions.

Expert's Answer

Homepot Food Delivery App is an online food and beverage delivery platform. This application works like UberEats, but the difference is that it deals with homemade food only (food prepared by families). In Saudi Arabia, most people prefer eating homemade food rather than those cooked in restaurants (AF, 2016). The problem is that productive families have no choice but to sell their home-made food and beverages on the streets, or they have to rent a small shelf in grocery stores for a large amount of money in order to sell their products.

For Viewing Complete Solution

Chat with our Experts

Want to contact us directly? No Problem. We are always here for you

Professional

Online Tutoring Services

17,148

Orders Delivered

4.9/5

5 Star Rating

748

PhD Experts

 

Amazing Features

Plagiarism Free

Top Quality

Best Price

On-Time Delivery

100% Money Back

24 x 7 Support

Ask a New Question
*
*
*
*
*

TOP

Connect on WHATSAPP: +61-416-195006, Uninterrupted Access 24x7, 100% Confidential

X