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MGT602 - Entrepreneurship

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    zaasmiZ

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    cyberianC

    Thanks for sharing

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    zareenZ

    @Awais-Hafeez Topic already posted please follow the link

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    zareenZ

    @zareen said in MGT602 Assignment 1 Solution and Discussion:

    Developed by: Jawad Hassan
    Assignment
    Entrepreneurship (MGT602) Fall 2019
    Due Date: 15 November, 2019. Total Marks: 10
    Topic: Start-Ups
    Leaning objectives: To make students explain different start-up types.


    Background:
    An entrepreneur is an enthusiastic and motivated individual and it needs him to visualize
    economic goals correctly at the beginning of a business journey. Therefore he must carefully
    select the type and timing of the business. In other words he or she must strategically seize a
    business opportunity. Hence, the selection of a startup is critical and it is favorably linked to the
    entrepreneurial attributes and their potential capitalization. An entrepreneur can either have a
    Foundation Company, Lifestyle Firm or a Gazelle/High Potential Venture for a startup option.
    Case:
    Miss Fatima, a fashion designing graduate, is working in research and development department
    section of a famous female outfit brand. Her job is to think of innovative ideas and develop
    unique products related to fashion industry and maintain cutting edge distinctive advantage of
    the firm in the market. Amid economic crunch of the country, the company is being forced to
    downsize its HR thus creating a vibe of job insecurity among its employees. In these conditions
    Fatima is intended to prepare plan B to bear the worst case scenario and start her own business in
    case of her job layoff from the company.
    Requirement:
    Being a student of entrepreneurship you need to give answers to the following questions.
    Question: What type of startup is most suitable for Fatima complying with her personal
    attributes? Provide 3 Logical arguments to support your selected startup type.
    Marks: 1 (Type of the startup) + 9 (Three logic comments)