Business Situation Reflection Matrix assignment
Details:
The purpose of the Reflection Matrix assignment is to comprehend, apply, and synthesize key vocabulary terms and concepts relevant for entrepreneurs. The intent of the assignment is to challenge the student to locate reliable information and apply that knowledge in a practical manner to a business venture that interests the student.
Your matrix will have three sections. You can write them in paragraph form or create a table in Word:
- Definitions
- Article Synopses (2)
- Application and Synthesis Statement
In the first section, briefly define the following terms: market risk, government risk, going concern, holding company, joint venture, strategic alliance, financial statement, and feasibility study.
For the second section, you will need to access the GCU ( grand canyon university) Library and locate two articles from current, reputable business periodicals (e.g., Barron’s, Inc., Forbes, etc.). The articles need to somehow relate to the vocabulary terms, course content, and the entrepreneurial process. Write a synopsis paragraph that summarizes the main points of each article. Conclude each synopsis with an appropriate reference note.
For the final section, write an application and synthesis statement (300-400 words) that connects the vocabulary concepts and the article content to an entrepreneurial venture that interests you.