PS8002 Entrepreneurship NTU Assessment 

Nanyang Technological University (NTU) Entrepreneurship modules are appropriate for students who are interested in growing or starting a successful business. In ntu PS8002 course they will learn the practice and theories of entrepreneurship, a culture of innovation, and Social entrepreneurship.

The PS8002 Entrepreneurship module Learning objectives

The ntu Entrepreneurship is a General education requirement( GER) course offered to undergraduates.

Upon completing the PS8002 subject candidates would learn about

 1. To study fundamental concepts of entrepreneurship

Students will understand the importance and role of entrepreneurship required for economic development. You will also study theories of entrepreneurship, its basic concepts, historical development, Innovation, and entrepreneurship from the Entrepreneurship curriculum. 

2. To develop the entrepreneurial perspective in the students

In this, the entrepreneurial perspective is developed in the students throughout the PS8002 class reading, case analysis, and class discussions.

To list out successful entrepreneurial ventures and to identify their elements of success would also be included in this.

3. To understand the formulation of the business plan

Candidates would be able to gain knowledge of business planning. They would further learn from the Entrepreneurship syllabus about tools and processes that lead to the development and preparing the business plan. You will gain knowledge as it is the blueprint entailing enterprise details of goals, finances, position, process, and resources.

4. To analyze the role of the internet in entrepreneurship

You will get ideas from the PS8002 notes regarding Different ways by which the internet has contributed to business success are through networking, recruiting, marketing, online shopping role, Outsourcing services, 24/7 customer support, and brand awareness through online platforms like (Twitter, Facebook, or YouTube).

5. To understand the role of e-commerce in business and entrepreneurship

 Candidates will learn how E-Commerce has strategized the business model by increasing reach search engine traffic, online reputation building, low operational cost, automated tracking of products, and delivery solutions through Entrepreneurship assignments.

6. To gain insight into the role of Technology which is the main source of entrepreneurial business or Ventures

Here students will get an idea regarding different Technologies such as web-based advertising (WordPress, YouTube), video conferencing, cloud storage, and others. You will get to understand the advantages and disadvantages of the use of Technology by PS8002 lectures. 

7. To evaluate various entrepreneurial strategies

Scholars will learn about the process of strategic planning that includes vision, analysis, formulation, and the implementation of the strategy.

They will understand from Entrepreneurship topics that by the use of effective strategy only they can gain a competitive advantage and can maximize their profits. 

8. Specify key performance indicators of entrepreneurial activities

In the PS8002 class discussions, candidates will determine various KPIs used to measure firm success and performance. They will analyze KPI such as internal team dynamics, risk minimization, customer engagement, and utilization of resources.

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The Entrepreneurship module grades would be calculated based on results in the assessment such as writing dissertation, case studies, reports, class participation, assignments, and final exam. 

Professor asks students to write a report for a particular purpose that needs to be concise and short.

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Frequently asked questions 

Question 1 Can I get outstanding results in the PS8002 Entrepreneurship module?

answer yes to achieve good grades in ntu PS8002 you need to study from NTU past year paper answers and ntu pyp solution. You should attend all the lectures, class discussions, do case studies, and complete all your assigned assessments on time.

You should also go through subject reviews provided online for the course.

Question 2 what do we understand by entrepreneurship?

Answer entrepreneurship is defined as the activity to set up a business. It is an act of becoming an entrepreneur.

The manager or owner of the business enterprise takes the initiative and risk in an attempt to make future profits. They are responsible for all the rewards and risks of their business venture. It includes small businesses, social entrepreneurs, large companies, and scalable startups.