BUS 1038: BUS Concepts 1

Group Assignment 1: Due February 25, 2022

Video Report Option
Worth 10% of the Final Grade

For this assignment, you will be working in groups to solve a business problem, using the
Rational Decision-Making Model. Specific guidelines are provided below. You will submit a
video report when you finish the analysis.

There is an option to submit a written report for this assignment. If your group would like to
submit a written report instead, use the other attachment for that option.

Detailed Guidelines for the Video Report

Use this link http://www.cbc.ca/dragonsden/episodes/ to access full episodes of the CBC

Dragon's Den program.

Your group should then select three or four episodes that are of interest to members.
After watching the selected videos, choose one episode in which the business idea
presented by the entrepreneur, was rejected by the Dragons.

Note: All group members should help in choosing the episode for the assignment

Once all group members agree on the video to use, follow the steps below to analyze
the business idea rejected by the Dragons, and then create a video report for
submission.

Here’re the requirements for your video Report:

- Introduce your video report with a summary of the Dragon’s Den episode
you used for the assignment. Also, remember to mention the name of the
course, the name of the college, the names of your group members and
the date of the assignment.
 - Mention and explain one major problem which made the Dragons reject
the business idea (i.e. Identify the main problem which the business
owner should resolve).
- Mention and analyze at least two alternative solutions which the
entrepreneur(s) could use to address the problem identified in step 2
above. Remember to discuss at least two pros and two cons of each
alternative solution you identify.
- Discuss the best option of the two alternative solutions discussed in step
Remember to have a strong/convincing argument to support your choice.
- Provide a convincing conclusion in the video, explaining why the new
solution/plan will help the business to be more successful. The conclusion
should be in the form of a pitch which the entrepreneur can use to
persuade the Dragons for a second chance.
- Add all the sections in a coherent manner, with each part clearly
discussed. Edit your video and make sure it has all the parts in the right
order. Submit it for grading.

To submit the link to your video on Blackboard, click on “Assignment” on the top of this page,
then scroll down to the submission area where you can submit the link to your video. Only one
link should be submitted by the group.

Please Note: As mention earlier, there’s an option to submit your work in the form of a written
report. If your group prefers that option, use the written report guidelines attached.

Formatting and Other Requirements:

Use the information below as a guide.

1. The video should not exceed 30 minutes.

2. Prepare a reference sheet in APA format showing at least four references used for the
assignment. Check the ‘Getting Started’ area for information on APA.
3. The reference sheet should be submitted with your video link
4. List the names of group members who participated in this assignment on the reference
sheet, and mention the names in the video as well.
5. All group members should participate in researching the content of the assignment, and
help to create the video content. However, the group may decide how many members
narrate the report in the video. Each student must fill out the peer evaluation form
provided at the end of this page, to indicate the participation level of peers
 A penalty of 10% per day will be applied to assignments submitted after the due date.
Please check the assignment policy in the course outline to learn more.

Here’re a few resources on how to make a video

 How to make a video on your phone: https://www.youtube.com/watch?

v=j685NaMDVYE

 How to post a video to YouTube: https://youtu.be/Nkw_B7IXoYo

 This webpage explains how to caption

your YouTube video: https://support.google.com/youtube/answer/273479
6?hl=en
 If you want to use another device to make your video (e.g. your laptop or
a video camera) there are lots of great instructional videos on YouTube.
There are also several videos that show you how to edit your footage.

Once the video is created and uploaded to YouTube, submit the link on Blackboard as
mentioned above.

Rubric on the next page

Rubric: Rating Scale

1. Does not meet the criterion. Misinterprets the Dragon’s Den video and the concepts, and
also leaves out some required information in the assignment guidelines.
2. Demonstrates minimum skills in meeting the criterion, by summarizing the Dragon’s Den
video correctly, but uses only textbook definitions of concepts in the analysis, without
practical application to the Dragon’s Den video case watched. Leaves out some of the
required information.
3. Demonstrates moderate skills in meeting criterion, by summarizing the Dragon’s Den
video correctly, but only uses textbook definitions of concepts in the analysis, without
explaining them in the context of the video case. Includes all the necessary information.
4. Demonstrates above average skills in meeting criterion, by providing an accurate
summary of the video, and explaining the concepts in relation to the Dragon’s Den video
case. Includes all the required information.
5. Demonstrates mastery of the course content by analyzing concepts clearly and then
applying them to the chosen Dragon’s Den video case. Includes all the necessary
information, with additional examples and more than four references, properly cited in
MLA or APA format.

Scoring Guide - Total is 10%

Criteria Score Weight of the
10% Assign’t.
Grade

1 Reference page: Provide 5 4 3 2 1

- A reference page in APA format, showing 1%

at least four references which you used for
the assignment.

Since you’ve chosen to submit your work in a

video format, your references should be listed in a
Word document and submitted with your video
link.
2 Introduction: Provide 5 4 3 2 1 1.5%

- A brief description of the Dragon’s Den

episode you chose. Remember to cite that
video in the reference list, using the APA
style. Check the ‘Getting Started’ section
on Blackboard for information on APA.
Mention the name of the course, the name
of the college, group members’ names
and the date of the assignment.

3 Problem Identification: Provide 5 4 3 2 1 1%

- Details of the main problem for which the

Dragons rejected the business idea in the
 video you selected.

4 Alternative Solutions: Provide 5 4 3 2 1 2%

- A detailed analysis of at least two

alternative solutions which the
entrepreneur could use to address the
problem in step 1.

- At least 2 pros and 2 cons of each of the

alternative solutions.

5 Optimal Solution: Explain 5 4 3 2 1 1.5%

- The best alternative solution (from the two

solutions discussed in step 2.

- Why you think that this is the best solution

to address the problem.

6 Conclusion: Provide 5 4 3 2 1 1.5%

- A convincing conclusion, explaining why

this new solution you’ve suggested will
help the business to be more successful.

The conclusion should be in the form of a pitch

which the entrepreneur could use to persuade the
Dragons to give her a second chance

7 Clarity and Coherence: Provide 5 4 3 2 1 1.5%

A clear and coherent flow of content, following all

the assignment guidelines.
Total of 10%
Peer Evaluation

As indicated in the requirements section above, each group member MUST complete a
confidential peer evaluation to assess the performance of each peer in the project. Any group
member who fails to submit a completed peer evaluation, will automatically lose 1% of the
assignment mark.

The professor will explain (in class) how the peer evaluation score is factored into the final
assignment grade for each member of the group.

Any member who does not contribute as expected and receives a low score from peers, will end
up with a lower grade in the assignment, than others who participated fully.

Evaluation Form

Copy and paste this form for each member of the group and complete them fully for submission.
For example, if there are four members in the group, each member will copy and paste 4 of the
forms in one document, fill them out and submit that document to the professor by email.

Name of Student Evaluating: ______________________

 Please evaluate yourself and your group members

 Below each grid, be sure to include the responsibilities and contributions made to the
group by each member.
 Each member should submit his/her completed evaluation to me by email. Do not attach
them to the assignment.

Outstanding Very Good Satisfactory Unsatisfactory Very Poor

Student Name: (5 points) (4 points) (3 points) (2 points) (1 point)

Attendance
Quality of Work
Timeliness of Work
Academic Contribution
Cooperation/Team
Player
 /25
Total

Any additional comments about student’s contribution to the group work:

Team Activity Plan Template (courtesy of GBC Peer Connect)

Please fill out according to the assignment requirements. Be as specific as possible so that
everyone is clear of what is being completed and by when.

You do not have to submit this document.

Feel free to add rows, as necessary.

Project Tasks / Requirements Who Is Completing Date to be

This Activity / Task Completed

Example: George Green Monday January

26th
Research on current industry
events in Canada