ASSIGNMENT 3
Assignment 3: Formation of Design Practice
[20% in pairs]/ 6 weeks
Objective:
This assignment sets the scenario for students to embark on an ENTREPRENEURIAL journey. In deciding the desired business context, students need to evaluate critically the data obtained in Project 1.
In doing this assignment, students will be clearer of their own vision and mission in forming their own design company within the business context. This is achieved through reflection of one’s own action and learning in applying effective business practices.
MLO 2: Differentiate the types of a business formation, process of setting up a design practice and standards of professional conduct.
Task:
Students are to apply their knowledge in Assignment 1 & 2, relating back to Acts & Legal matters. This assignment will be a basic working paper for setting up a design practice. Students are required to plan, organize & form their own envision of a design practice (Sole Proprietor, Partnership or Body Corporate) with a realistic approach. Students will have to be creative and resourceful in planning and forming their very own design business.
Students are advised to obtain information with related professional bodies and institutions (via online, example websites & facebook) for information and procedures as well as engage in peer discussions.
Marking format:
- Idea Presentation (W6) Note: PH
5% - Draft Submission (W7)
15% - Final Submission (W9)
- i. Presentation Spread/Report Booklet (W9)
- ii. Video Presentation (W9)
