where is the assignment solution
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Assignment # 01
“ENTREPRENEURSHIP (MGT-602)”
Total Marks: 20
Topic: Entrepreneurship
Lesson: 01 - 09
Background:
Entrepreneurship is the process of starting a new business in an innovative way by taking risk and making investment while an entrepreneur is a person who
owns and operates that business and spends his efforts, time and capital on an uncertain venture. Many individuals have difficulty in bringing their ideas to
the market and creating a new venture. Yet entrepreneurship and the actual entrepreneurial decisions have resulted in several million new businesses being
started throughout the world successfully.
The Case:
In September 2011, Hira Zaffar left the Pearl Continental as a Quality food manager, she was thrilled at finally receiving the contract for the official
cafeteria of Pace with the name of “Executive Lounge”. Hira was MBA graduate of the Punjab University in 2008. She was employed as a quality food manager
since 2010 in PC but unfortunately her experience with the job was not very rewarding which convinced her that she should set up her own business where she
could be more experimental and have the freedom and flexibility to work with her new ideas. She was much determined to launch her own restaurant so she
presented her business proposal in front of Pace management which was approved later during that year.
Issues:
Q1. Being an entrepreneur how Ms. Hira should pursue this business opportunity by keeping in view the location and customer type and how this Executive
Lounge restaurant should look like? (10)
Q2. What were the inspiring factors that led Hira to start her own business? (10)
The Special Note: How can you avoid zero marks status?
Dear Students! You are encouraged to consult both online and offline sources with objective to enhance your understanding of the topic of the assignment. But
consulting the sources does not mean that you start copy-paste the material from sources. If you do so you will certainly lose marks or your assignment will
be graded zero on account of copying from a source. The
workable strategy is to consult the source, enhance your knowledge and write in your own words. A special instruction regarding how to attempt the assignment
is given in the announcement because it has been observed that many site and blogs are promoting the culture of cheating and copy/paste among the students
and adversely damaging the grades and career of VU students. You all are requested not to copy or read such sub-standard answer that not only kills the
creativity but also sabotage the career as well.
Best of luck!
Important Tips
1. This Assignment can be best attempted from the knowledge acquired after watching video lecture no. 1 to 9 and reading handouts as well as recommended text book).
2. Video lectures can be downloaded for free from vu's Channel - YouTube.
Schedule
Opening Date and Time
October 21st , 2011
Due Date and Time
October 28th , 2011 At 11:59 P.M. (Mid-Night)
Sponsored Links
where is the assignment solution
What is the last datE? i guess it will come near by the last date.
03009520262
Rabeel Website
solution kab tk post ho ga
kisis ko pta hy
kaalll last date hy
plzzzz
koi to help kar do zaliimm loguuuuuuuu :'(
plzzzzzzz solution post ker den kb karenge today is a last day,.....
Hadiqa g app ka avatar kitna pala hai...
03009520262
Rabeel Website
plzz accurate timing bta do koi k assinment kab tk post ho gi m very upset yaar kuch bhi samjh nai aarha ...
same here (
oh ho pershan tu hum bhi han. kay assignment ki timing nahi pata chal rahi. ab kia kren?
03009520262
Rabeel Website
2nd Q ka ans ha Q2 what were the inspiring factors that led Ms.Hira to start her own business?
Answer
Work History:
Dissatisfaction with one’s job often motivates the launching of a new venture. Previous technical and industry experience is also important once the decision to start businesses made. So in case of Ms.Hira same situation was occur Ms.Hira dissatisfaction with her job because she was employed as a quality food manger since 2010 in PC but unfortunately her experience with the job was not very rewarding and she have no freedom of taking risk and get more return which convinced her that she should set up her own business where she could be more risks and more returns and it’s fit with the her skills and goals. Where she could have more experimental and have the freedom and flexibility to work with her new ideas. She could have the devotion of necessary time and effort. She can assume the necessary risks.
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