Title: Competency Assessment: (CU1 M2) Environments Factors and Entrepreneurial Opportunities
Course: SkillsCom BA 260 15.0 > Section: Credit Unit 1 Module 2- Opportunities and the Chance of Success

Instructions:

For an entrepreneur, understanding the relationships between Environmental Factors and Entrepreneurial Opportunities is instrumental, especially in today's business world that is interconnected.

Assignment:

1. Go to: WordPress.com (Webpage)

  - You should not need to pay anything; simply sign up for a basic account.
  - Create a login and password.

2. Learn how to create a WordPress blog.  Here are some great tutorials: WordPress tutorials. (Webpage)

  - Decide on a web address, web name and theme to use.

3. Create a WordPress blog that is AT LEAST 600 words long (600-1000) and provides information on the following topics.  Make sure that you use text, pictures, audios and videos etc.

Part A: For each of the environmental factors listed below, describe how each can influence the success of entrepreneurial opportunities. Provide at least one example for each that is different from those given in your assigned reading.

1. Social/Demographic factors

2. Legal factors

3. Economic factors

4. Political factors

Part B: For each of the factors listed above, describe one potential business opportunity that might arise as a result of the example that you wrote about in part A. Write a one paragraph description for each of your business ideas, for a total of 4 paragraphs.

Part C: Finally, based on the CBS article you read, Top 10 Success Factors for Entrepreneurs, apply Naveen Jain's success factors to one of your potential business ideas from Part B. Write one paragraph, for a total of 10 paragraphs, for each of Naveen's ten success factors, explaining how you would apply that factor to your chosen business idea. As an example, the first success factor in the article tells you to be passionate about your venture. So, choose the potential business idea from your list above that you could be the most passionate about. In a paragraph, tell why you are passionate about your chosen idea. Then move on to the second success factor.

4. Submit the URL of your WordPress blog for grading.

- Directions for submitting videos and documents (Google Doc)