ICT302 Entrepreneurship and Innovation Case Study – Management Assignment Help

Assignment Task

Task

Assessment 1 – Case Study Report 

Overview 

Entrepreneurs like other professional must decide whether to take the risks associated with undertaking a business idea or not to invest time and resources into the notion. While the opportunities might be attractive there are always huge risks associated with venturing into new territories as an entrepreneur. It is for this reason entrepreneurs are expected to be creative and agile. This enables them to be innovate and to be able to design new product solutions to meet the demands of the market. Moreover, entrepreneurs often must collaborate and engage with others to ensure they are able to take their products to market within a short timeframe.  

Learning Outcomes Assessed:

The following course learning outcomes are assessed by completing this assessment task: 

LO1. Discuss various historical and contemporary ethical theories and how these relate to the social, legal, ethical and organisational issues raised by current practices involving ICT;  

LO2. Critically evaluate the role of professional standards, codes of conduct and legislative/regulatory obligations on the level of professionalism of the ICT industry;  

LO3. Specifically, understand and articulate approaches to currently dominant issues involving ICT, including privacy; intellectual property, freedom of expression, regulation of cyberspace and equality of access;  

LO4. Apply ethical theories and concepts to analyse ICT related ethical dilemmas.  

Assessment Details:

For this assignment, students are expected to review the case study and the examples provided. After reviewing the case study and examples, students are to come up with their own start-up business idea and using their own ideas students are expected to complete a Business Model Canvas of their idea.

Case Study: 

The pandemic has influenced the business landscape and while it has created a lot of challenges for most businesses those that have approached the pandemic with agility and an innovative mindset have been able to capitalise on the opportunities presented by the pandemic. Many industries are thriving during this period and this includes the likes of companies in the digital space, e-commerce, healthcare, and agriculture to name a few. Examples of such opportunities and growth are provided in the following section.  

Health Care:  

Hospitals treat more patients during this period and medical staff have had to put in longer work hours. However, behind the scenes are health equipment suppliers and manufactures who specialise in medical equipment and technologies during the pandemic across Australia such companies have seen unprecedented growths.   

IT for Education: 

Most education providers have been forced to conduct classes online. This has accelerated the adoption of online education technology such as Zoom and Google Classroom. There has also been an increase in the uptake of learning management systems such as Moodle, Blackboard and Canvas. Organisations who offer such services have continued to innovate during this period and as such they have seen dramatic increases in revenue.  

Agriculture:

Due to the pandemic, there has been increased risks associated with human contact and as such there has been an increase investment into robotics in the agriculture space. Organisations in this space have benefited of technologies such as artificial intelligence and drone technology which has been used in fruit picking and assessing of fruit yield. Organisations in this space have seen huge benefits from their investment in technology which as had a positive impact on their triple bottom line. 

Online Payment Apps :

Due to the financial hardship that many individuals have encountered during the pandemic organisations such as Afterpay and SplitIt have created more cost-effective and credit safe ways for customers to purchase products without having a detrimental impact on the customers’ budget. These companies have experienced increased customer uptakes and usage in the market.  
  

REQUIRED :

1. This is an individual assignment, and it would require students to write around 2000 words. 
2. The report should be well researched and written in accordance with APA referencing style. 
3. Final deliverable is due on Sunday 20th December 2020 at 23:59pm.  
4. This unit requires you to use APA system of referencing. See Sydney International’s quick reference guide. It should be used in conjunction with the online tool Academic.
5. A passing grade will be awarded to assignments adequately addressing all assessment criteria. Higher grades require better quality and more effort. For example, a minimum is set on the wider reading required. A student reading vastly more than this minimum will be better prepared to discuss the issues in depth and consequently their essay is likely to be of a higher quality. So before submitting, please read through the assessment criteria very carefully. 
6. Students are expected to manage their time effectively when undertaking this assessment to ensure that the assessment is submitted on time by the due date and time.  
7. If students are unable to submit their assessment on time, they must communicate this information to their lecturer and fill out a special consideration form which needs to be approved.   
8. There is no guarantee that special consideration will be approved as there are specific grounds for applying for special consideration such as being sick and unable to undertake duties associated with the assessment.