Assignment 1: Innovation and Risk

Write a two to three (2-3) page paper in which the following are addressed:

1. Thoroughly compared and contrasted the difference between innovation and entrepreneurship.
2. Thoroughly described the challenges managers face with managing uncertainty and risk.
3. Thoroughly identified what managers can do to help manage uncertainty and risk.
4. Use at least two (2) external sources.

Your assignment must follow these formatting requirements:

• Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
• Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

• Analyze the interrelationship between innovation and entrepreneurship.
• Use technology and information resources to research issues in innovation and entrepreneurship.
• Write clearly and concisely about innovation and entrepreneurship using proper writing mechanics.