1. ‘The majority of start-ups that fail are the result of weak, inadequate or lack of financial planning and control.’ Identify two start-ups, one successful and the other a failure, and analyse their...

1. ‘The majority of start-ups that fail are the result of weak, inadequate or lack of financial planning and control.’ Identify two start-ups, one successful and the other a failure, and analyse their financial planning and control mechanisms. What lessons can be learnt from these two cases?

2. What is meant by financial management of intellectual property? In what type of businesses would this matter the most? Identify and analyse a business situation wherein a lack of understanding about financial management of IPR resulted in jeopardizing the business as a whole.