For this assignment, students are required to submit a PDF document that adheres to the following guidelines. The PDF must include a cover page with the course name and code (BCOBM322 Entrepreneurial Leadership), the student’s full name, the professor’s name, and the due date. Each question must be answered in approximately 750 words, ensuring responses are clear, coherent, and supported by relevant theories, concepts, and examples from the course or external sources. Each response must include appropriate headers to organize the content; however, bullet points should not be used, and all content must be written in sentence format. Students are required to use at least four outside references in addition to course materials to support their arguments. The document must also include a reference page at the end, formatted in Harvard Referencing Style. Submissions should be well-structured, professionally formatted, and free from grammatical errors.
Question 1:
Discuss the foundational elements of entrepreneurial leadership, focusing on key traits, behaviors, and the distinction between leadership and management in emerging ventures. In your answer, address the following points:
1. Provide an overview of entrepreneurial leadership and outline the essential traits and behaviors that successful entrepreneurial leaders often exhibit.
EXAM QUESTIONS
2. Compare and contrast leadership and management within the context of a new venture, highlighting how these roles differ in terms of strategic vision, team motivation, and operational execution.
3. Examine the importance of crafting a compelling vision and mission for a startup, considering how this guiding framework shapes organizational culture and motivates stakeholders. Provide case studies of visionary leaders in startup environments, illustrating how a well-defined vision can drive success.
Question 2:
Explore how entrepreneurial leaders identify and exploit market opportunities, emphasizing the importance of creativity, vision, and strategic pivoting in new ventures. In your answer, address the following points:
1. Discuss how market opportunity recognition is influenced by an entrepreneurial mindset, including scanning the environment for gaps or emerging trends.
2. Analyze the role of vision in guiding a startup’s direction and aligning innovation efforts with identified opportunities.
3. Provide examples of entrepreneurs from various global contexts who successfully pivoted their initial business model to capitalize on changing market conditions.
FORMAT
Your submission must meet the following formatting requirements:
· Number of files for submission: 1
· Required file format for main submission: PDF
Other details:
· Font: Arial
· Font size: 12
· Spacing: Double-spaced
· Number of words: 750 per question
All referencing and citations require Harvard referencing style. Students must avoid plagiarism and use the Harvard Referencing Guide and Turnitin to ensure that their sources are correctly cited. Plagiarism includes the use of artificial intelligence tools, such as Chat GPT and Grammarly, when output is copied and pasted from these sites. Please refer to the Academic Policies and Procedures Manual and the Student Good Practice Manual in AI Literacy available on the Student Services page for further details.