MGT602 Assignment No 01 Solution Due Date : 13-11-2017

By | November 8, 2017
(Last Updated On: November 8, 2017)

mgt602 assignment

MGT602 Assignment 1 Complete Solution 2017

 

 

MGT602 Assignment No 01 Solution Fall 2017

Background:

While taking a plunge into the business world an entrepreneur must opt one among the three broad types of business startups. He or she can either have a Lifestyle Firm, Foundation Company or a Gazelle (High Potential Firm). Different types of startups have their own unique requirements and limitations. The selection of a startup and its categorization is based on the attribution of resources and their potential implication.

Case:

Bilal is a passionate and vibrant 25 years old young lad with a moderate academic background and good interpersonal skills. He is passionate about weight training and body building right from his childhood. Currently, he is employed in a gym and working as a trainer. Although he grabs a handsome salary from his job but he is not satisfied by his current status of being an employee of a company. Accompanied with a brighter sense of business and risk taking-ability, he wishes to start his own business. He has limited set of skills and attributes making his startup
selection decision more critical. He has arranged some finance for his startup so he is a bit ready to do the business. He needs an expert opinion and guidance to flourish his entrepreneurial journey with effective and efficient business management in the later stages of venture growth.

Requirement:
His business startup must be one among the above given three broader types i.e. Lifestyle Firm, Foundation Company and Gazelle (High Potential Firm). As a student of entrepreneurship you need to answer the following questions to help Bilal launch and run a successful business.
1. What type of startup suits him the most looking at his attributes and skill set? Mention the startup type and business name separately. (2 Marks)
2. Write four logical reasons to justify your suggestion. (4*2=8 Marks)

Instructions:

1. Read the content given on Page No. 8 in lecture No. 3 of the handouts to grab the concept of “Different types of business start-ups”
2. Write precise and to the point answer and avoid un-necessary details.

 

You can download the MGT602 Entrepreneurship Assignment 1 Solution file from here

 

Download Assignment

One thought on “MGT602 Assignment No 01 Solution Due Date : 13-11-2017

Comments are closed.