In Part A, with no more than 500 words, students should discussion their personal views on what entrepreneurship and innovation mean to them, and why entrepreneurial spirit and innovative thinking are important (or irrelevant, if this is what they think) to our society in general, and business in particular.
In Part B (again with a word limit of 500), students should present and discuss an innovative idea, which can be an idea based on which they are going to develop a new business, an idea which can be adopted by a business (or the government, or a non-government organization) to improve their operations or to solve their problems.