MGT602 GDB 2

by ~*Cute_Girl*~ Tue Jan 17, 2012 7:45 am

Semester “Fall 2011”

Entrepreneurship (MGT-602)

This is to inform you that Graded Discussion Board (GDB) has been
opened according to the following schedule

Schedule

Opening Date and Time

January 13, 2012.

Closing Date and Time

January 17, 2012.

Note: No extra or bonus/grace period is available for attempting GBD.

Scenario:
Entrepreneur is a person who invests his time and money to run a business venture. The risk of operating business reduces when the economic conditions of a country are rotary in the favor of business community like government support and good purchasing power of consumers. Unfortunately the situation is reverse in case of Pakistan. In today’s scenario, Pakistan’s economic conditions are not favorable for businessmen due to number of factors such as double figure inflation rate, energy crises, poor law and order situation, terrorism and inconsistent government policies. Resultantly the cost of doing business is increasing at an alarming rate. The business environment is no more conducive for small business growth. So Pakistani entrepreneurs are left with following options;

They can reduce their size of business operations to control the cost of business operations.
They can close their businesses in order to cope up losses
They can shift their businesses into neighbor countries where the environment is conducive for business growth.
Point of discussion In the above mentioned scenario, which aforementioned option is more suitable for Pakistani entrepreneurs and why? Give at least five arguments in the favor of your answer. Secondly, what are those challenges that could be faced by an entrepreneur if he chooses the third option?

Instructions:
Read the following instructions before giving your comments on GDB:

Use the font style “Times New Roman” and font size “12”.
Your answer should be relevant to the topic i.e. clear and concise, max 100 words
Do not copy or exchange your answer with other students. Two identical / copied comments will be marked Zero (0) and may damage your grade in the course.
Books, websites and other reading material may be consulted before posting your comments but copying or reproducing the text from books, websites and other reading materials is strictly prohibited. Such comments will be marked as Zero (0).
Obnoxious or ignoble answer should be strictly avoided.

by ~*Cute_Girl*~ Tue Jan 17, 2012 7:46 am

anybody provide the idea solution thanks... Crying

by ĽĭÓń ĤéĂѓŦ Tue Jan 17, 2012 7:51 am

ok abi kerta hun rolling eyes

by ĽĭÓń ĤéĂѓŦ Tue Jan 17, 2012 7:53 am

Solution
In my opinion the first option is the best solution in prevailing economic conditions of a country, that they should reduce their size of business operations to control the cost of business operations.Five arguments:-
1. To reduce the consequence of double figure inflation rate on their business.
2. Tell the energy crises are over, because energy availability is crucial for entrepreneurs.
3. Tell the improvement of poor law and order situation in the country.
4. Tell the terrorism is eradicated from the country, people feel fear to visit the market’
5. The political condition are not positive which leads to inconsistent government policies, because govt. has to change it polices as per changing political scenario of the country which affect the business.
Following are the challenges that could be faced by an entrepreneur if he chooses the third option?
1. Location
2. Market penetration
3. Competitors
4. Brand
5. Currency shifting
6. Environment
7. Law and regulation for foreigner investors
8. Consumer
9. Customer
10. Quality
11. Logistics’ supports
12. Language
13. Cultural difference
14. Neighbor country relation with native country
15. Masses response towards the products
16. Demand & supply

by ~*Cute_Girl*~ Wed Jan 18, 2012 10:37 am

thanks

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