DP_DIY Entrepreneurship 2nd Term Summative Assessment

Grade 10 MYP Technology Unit 2: DIY Entrepreneurship AOI: Human Ingenuity, Approaches to learning

Unit Question How do I become the next Steve Jobs?

Unit Description In this course, you'll learn about principles and application of designing your own business plan. You will develop knowledge and skills in marketing, product presentation and online applications.

Unit Objectives At the end of this course, the learner will be able to design, plan and create his or her own business based on their own business plan. The learner will interact and collaborate with their peers as well as business owners to establish important relationships that are important when becoming an entrepreneur. The learner will also select and use applications effectively to efficiently accomplish their tasks.

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©2012 Alex Carter, B.Ed

Please make a copy of this document (or create your own document) and place it in your Tech10 folder. Once complete, please embed this document (and accompanying documents) into your Technology Blog. Please title your blog post : DIY Entrepreneurship 2nd Term Summative Assessment This document must be posted in your Technology Blog by NO LATER than Thursday March 14th

Criterion A: Investigate 1 What is a problem in the local community that you could help solve? The Environment in the VI is getting destroyed. Innocent animals die everyday because people don’t take proper care of the environment.

2 Describe a business that could help solve this problem. A rehabilitation centre.

3 Explain what you are going to do to solve the problem. What business are you creating? I am creating a rehabilitation centre in the VI to take care of the injured wildlife in the VI and help them when they need it so that the environments around the VI stays beautiful.

4 Make a list of the essentials and desirable characteristics that you want your business to have. I need to have multiple amounts of cages to care for the animals. I must have a large piece of land for the animals. I must have an area where I can take guests and show them around all of the animals to educate them.

5 Describe a method you will use to test the success of your business. A method to test the successfulness of my business of the feedback I get from the community and how the community feel about what i’m doing. Also whether or not people feel it is worth it to help out and donate to the cause.

6 Fill out and complete Operating Budget

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7 Write a paragraph explaining how your budget could vary depending on certain factors. My business is a very specialized business and varies tremendously depending on many factors. It really does depend on what kind of animals I will be getting as to what medical equipment I will need.

8 Insert here or take a screenshot of budget

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Criterion B: Design 1 Identify who your target market and consumers will be and why This doesn’t really apply to my business but I suppose that my consumers will be the schools that I go to and the places I go to educate people about these animals. 2 Explain how your product will reach your customer? (Provide 3 examples) Not Applicable, but I will be going into different schools and go to many places to raise awareness of what is going on. I will also have the organisation on facebook and will try to post daily updates. 3 Conduct research to collect data to show how many possible customers you believe you should have. Represent your data in a graph, you can use this website to create your graph: http://nces.ed.gov/nceskids/createagraph/default.aspx . Don't forget to provide your sources from where you collected the data from. 4


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Now looking back at your data, will your business be a success with the target market you chose? Yes, because my business is unlike all other business’ and will be funded largely by the government. 5 Do you need to alter your product to target a bigger audience? If I were in a bigger place then yes I would, but in the BVI no I do not because there is not a big audience. 6 How will you be able to evaluate that your product has reached its target audience? In reality the best way to evaluate my service and that it has reached its target audience is if people start inquiring and donating to my service.

Criterion C: Plan 5


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Fill out: Marketing plan – a template

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Read Create A Visual Marketing Plan Using A Mind Map Create a visual marketing plan with Mindomo or Mindmeister.

Criterion D: Create 1 Complete pages 3, 4, 6, 8, 9, 10 of your business plan. 2 Use this document in GDOCS to work with: https://docs.google.com/a/cedarschoolbvi.com/document/d/1D0U5m_A6z82Tqb8n h6wBMKas-tRxKRyF4XgMdhi-72U/pub

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Criterion E: Evaluate 1 Fill out the self evaluation https://docs.google.com/a/cedarschoolbvi.com/document/d/1WKqSiNpBbfZYNR8T 3kA8zPVf-l5puwmhg1KIQ6-N6Mo/pub

Criterion F: Attitudes in technology This criterion refers to students’ attitudes when working in technology. It focuses on an overall assessment of two aspects: • personal engagement (motivation, independence, general positive attitude, completion of homework on time) • attitudes towards safety, cooperation and respect for others.

This document must be posted in your Technology Blog by NO LATER than Thursday March 14th

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DP_DIY Entrepreneurship 2nd Term Summative Assessment

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