1.2 Grading for the Course

Welcome to New Venture Creation. In this course you will create a new venture. This can be a new product, a new service, a new company, a new division of an existing business, or a new nonprofit organization. The important this is, you are going to learn to solve problems, add value, and make life better for a group of customers.

You will receive a grade in this course based on how you perform in the following areas:

  1. Written Answers: Throughout the course you will provide written answers in every unit. These answers will form the basis for the business model you will develop.

  2. Unit Quizzes: At the end of each unit you will take a brief quiz to see how well you understand the material that has been covered.

  3. Final Exam: At the beginning of the course you will take a pre-exam to determine what you already know about entrepreneurship. This exam will not be graded. At the end of the course you will retake this exam and it will be graded.

  4. Written Paper: During the course you will develop a business model for your new venture. You will describe your model in a final paper which will be 8 to 10 pages in length including cover page and any tables or graphs you include. Most of the content for this paper can be taken from the written answers you provide in the units. Your paper will be due during test week for the semester.

Grades for the course will be given based on the following scale:

  • 94 to 100 Percent = A

  • 90 to 93 Percent = A-

  • 87 to 89 Percent = B+

  • 84 to 86 Percent = B

  • 80 to 83 Percent = B-

  • 77 to 79 Percent = C+

  • 74 to 76 Percent = C

  • 70 to 73 Percent = C-

  • 60 to 69 Percent = D

  • Below 60 Percent = F

Feel free to contact your instructor for this course with any questions or concerns you may have. Good luck learning the skills of entrepreneurship.

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