EXCELCENTRE LEARNING INSTITUTE 0846244729
PU E
SHI
NG Y L E NC
OU TO THE GATE OF EXC EL
Education is the most powerful weapon which you can use to change the world
,EXCELCENTRE LEARNING INSTITUTE 0846244729
WARNING: PLEASE NOTE THAT PLAGIARISM IS A SERIOUS ACADEMIC
OFFENSE, therefore students must use this document ONLY as a guideline. Hence
students have regenerated their own (personalized) solutions paying particular
attention to module contents as prescribed by module facilitators, lecturers and
supervisors. This document’s purpose is to compact all sources of information that
might be relevant to students’ assignments, hence additional knowledge on the
provided information is not restricted by the authors. However, submitting this
document as one’s final work is considered unethical, and students should be
penalized. If this document is plagiarized by the users and fails, EXCELCENTRE
should not be rendered accountable since the contents in this document only give
learners a kick-start on what is expected of them from their areas of
specialty.CAUTION: STUDENTS ARE NOT MANDATED TO USE EVERY DETAIL IN
THIS DOCUMENT IN WRITING THEIR ASSIGNMENT
Education is the most powerful weapon which you can use to change the world
,EXCELCENTRE LEARNING INSTITUTE 0846244729
Table of Contents
............................................................................................................................................. 1
QUESTION 1 (20 Marks) .......................................................................................................... 3
QUESTION 2 (20 Marks)....................................................................................... 13
QUESTION 3 (20 Marks)....................................................................................... 18
QUESTION 4 (20 Marks) ........................................................................................................ 21
Figure 4.1: Descriptive Statistics ........................................................................................... 22
Figure 4.2: Tests of Normality ................................................................................................ 23
Figure 4.3: Scatter Plot ......................................................................................................... 23
References .......................................................................................................................... 24
QUESTION 5 (20 Marks) ........................................................................................................ 24
1. Clear and Unambiguous Questions................................................................................... 25
2. Appropriate Formatting and Layout ................................................................................... 25
3. Clear Instructions and Purpose Statement ........................................................................ 25
4. Reasonable Time and Effort Demands............................................................................... 25
5. Pilot Testing ...................................................................................................................... 26
References .......................................................................................................................... 26
Question 6 ......................................................................................................... 30
QUESTION 1 (20 Marks)
1.1. Formulate a suitable title for the proposed study. (3 marks)
An Interpretivist Exploration of Suboptimal Equilibria: Entrepreneurial Influence
and Critical Factors for Venture Sustainability
1.2. Specify the aim and significance of the proposed study. (4 marks)
The aim of a research study is a succinct statement describing the intended outcomes
or objectives. For this interpretivist and exploratory research, the central aim is to:
Explore and understand the emergence of suboptimal equilibria within entrepreneurial
contexts; to investigate how entrepreneurs apply personal characteristics to influence
these equilibria; and to identify critical factors contributing to the sustainability and
outcomes of entrepreneurial ventures.
Education is the most powerful weapon which you can use to change the world
, EXCELCENTRE LEARNING INSTITUTE 0846244729
This aim is compatible with the study’s focus on uncovering deep, context-specific
insights through qualitative inquiry (Creswell & Poth, 2018).
Significance of the Study
The significance of this study lies in its potential to make both practical and
theoretical contributions to the fields of entrepreneurship and business
sustainability.
Practical Significance: The study will provide actionable insights into the dynamics
of entrepreneurial problem-solving, particularly how entrepreneurs navigate
challenging states known as suboptimal equilibria. Entrepreneurs and business
support agencies can use these findings to better anticipate venture sustainability
challenges and to build resilience mechanisms (Neck et al., 2018).
Theoretical Contribution: From a scholarly perspective, the study aims to enrich
existing theoretical frameworks by introducing nuanced understandings of how
personal entrepreneurial traits intersect with complex business dynamics. It
contributes to emerging discussions on entrepreneurial cognition, critical incident
response, and adaptive behavior under uncertainty (Shepherd, 2003).
1.3. Formulate THREE (3) research questions that the proposed study will attempt to
answer. (3 marks)
The study is guided by the following interpretivist, meaning-oriented research
questions:
1. How do suboptimal equilibria emerge and manifest within entrepreneurial
ventures?
This question seeks to understand the origins and expression of problematic or
stagnant business conditions from the perspective of entrepreneurs.
2. To what extent and through what personal characteristics do
entrepreneurs influence the trajectory of these suboptimal equilibria?
This explores the specific traits (e.g., resilience, creativity, leadership) that
entrepreneurs utilize and how these influence the business outcomes.
Education is the most powerful weapon which you can use to change the world
PU E
SHI
NG Y L E NC
OU TO THE GATE OF EXC EL
Education is the most powerful weapon which you can use to change the world
,EXCELCENTRE LEARNING INSTITUTE 0846244729
WARNING: PLEASE NOTE THAT PLAGIARISM IS A SERIOUS ACADEMIC
OFFENSE, therefore students must use this document ONLY as a guideline. Hence
students have regenerated their own (personalized) solutions paying particular
attention to module contents as prescribed by module facilitators, lecturers and
supervisors. This document’s purpose is to compact all sources of information that
might be relevant to students’ assignments, hence additional knowledge on the
provided information is not restricted by the authors. However, submitting this
document as one’s final work is considered unethical, and students should be
penalized. If this document is plagiarized by the users and fails, EXCELCENTRE
should not be rendered accountable since the contents in this document only give
learners a kick-start on what is expected of them from their areas of
specialty.CAUTION: STUDENTS ARE NOT MANDATED TO USE EVERY DETAIL IN
THIS DOCUMENT IN WRITING THEIR ASSIGNMENT
Education is the most powerful weapon which you can use to change the world
,EXCELCENTRE LEARNING INSTITUTE 0846244729
Table of Contents
............................................................................................................................................. 1
QUESTION 1 (20 Marks) .......................................................................................................... 3
QUESTION 2 (20 Marks)....................................................................................... 13
QUESTION 3 (20 Marks)....................................................................................... 18
QUESTION 4 (20 Marks) ........................................................................................................ 21
Figure 4.1: Descriptive Statistics ........................................................................................... 22
Figure 4.2: Tests of Normality ................................................................................................ 23
Figure 4.3: Scatter Plot ......................................................................................................... 23
References .......................................................................................................................... 24
QUESTION 5 (20 Marks) ........................................................................................................ 24
1. Clear and Unambiguous Questions................................................................................... 25
2. Appropriate Formatting and Layout ................................................................................... 25
3. Clear Instructions and Purpose Statement ........................................................................ 25
4. Reasonable Time and Effort Demands............................................................................... 25
5. Pilot Testing ...................................................................................................................... 26
References .......................................................................................................................... 26
Question 6 ......................................................................................................... 30
QUESTION 1 (20 Marks)
1.1. Formulate a suitable title for the proposed study. (3 marks)
An Interpretivist Exploration of Suboptimal Equilibria: Entrepreneurial Influence
and Critical Factors for Venture Sustainability
1.2. Specify the aim and significance of the proposed study. (4 marks)
The aim of a research study is a succinct statement describing the intended outcomes
or objectives. For this interpretivist and exploratory research, the central aim is to:
Explore and understand the emergence of suboptimal equilibria within entrepreneurial
contexts; to investigate how entrepreneurs apply personal characteristics to influence
these equilibria; and to identify critical factors contributing to the sustainability and
outcomes of entrepreneurial ventures.
Education is the most powerful weapon which you can use to change the world
, EXCELCENTRE LEARNING INSTITUTE 0846244729
This aim is compatible with the study’s focus on uncovering deep, context-specific
insights through qualitative inquiry (Creswell & Poth, 2018).
Significance of the Study
The significance of this study lies in its potential to make both practical and
theoretical contributions to the fields of entrepreneurship and business
sustainability.
Practical Significance: The study will provide actionable insights into the dynamics
of entrepreneurial problem-solving, particularly how entrepreneurs navigate
challenging states known as suboptimal equilibria. Entrepreneurs and business
support agencies can use these findings to better anticipate venture sustainability
challenges and to build resilience mechanisms (Neck et al., 2018).
Theoretical Contribution: From a scholarly perspective, the study aims to enrich
existing theoretical frameworks by introducing nuanced understandings of how
personal entrepreneurial traits intersect with complex business dynamics. It
contributes to emerging discussions on entrepreneurial cognition, critical incident
response, and adaptive behavior under uncertainty (Shepherd, 2003).
1.3. Formulate THREE (3) research questions that the proposed study will attempt to
answer. (3 marks)
The study is guided by the following interpretivist, meaning-oriented research
questions:
1. How do suboptimal equilibria emerge and manifest within entrepreneurial
ventures?
This question seeks to understand the origins and expression of problematic or
stagnant business conditions from the perspective of entrepreneurs.
2. To what extent and through what personal characteristics do
entrepreneurs influence the trajectory of these suboptimal equilibria?
This explores the specific traits (e.g., resilience, creativity, leadership) that
entrepreneurs utilize and how these influence the business outcomes.
Education is the most powerful weapon which you can use to change the world
