Topic notes
A venture mobilises human, physical, financial, intellectual and social resources. Compare funding by cost, control, risk and timing; align resources with venture milestones.
Applied example
Match short-term working capital with an appropriate funding source; record repayment and ownership effects.
Case study and practice
- Identify the opportunity or business issue.
- Name one assumption and evidence that could test it.
- Recommend an action, explaining its expected value and one risk.
Revision
Use an example, define the business term and distinguish assumption from evidence. Project claims should be based on research and cited sources.