MGT602 ASSIGNMENT 1 SOLUTION FALL 2017
Dear Students, Here You can read and download MGT602 Assignment No.1 Solution Fall - 2017 and discussion of fall 2017. MGT602 Assignment Due Date: 13 November, 2017. Assignment Total Marks: 10.
ASSIGNMENT IMPORTANT INSTRUCTION
Topic
Types of Start-Ups
Types of Start-Ups
objective
To make students familiarize with different types of start-ups.
Outcome
- Students will be able to enlist the attributes and characteristics of different types of start-ups.
- Students will be able to enlist specific requirements for different types of start-ups.
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.
- 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)
- Write four logical reasons to justify your suggestion. (4*2=8 Marks)
instruction
- 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”
- Write precise and to the point answer and avoid un-necessary details.
Important
24 hours extra / grace period after the due date is usually available to overcome uploading difficulties. This extra time should only be used to meet the emergencies and above mentioned due dates should always be treated as final to avoid any inconvenience
deadline
- Make sure to upload the solution file before the due date on VULMS.
- Any submission made via email after the due date will not be accepted.
formatting guidelines
- Use the font style “Times New Roman” or “Arial” and font size “12”.
- It is advised to compose your document in MS-Word format.
- You may also compose your assignment in Open Office format.
- Use black and blue font colors only.
rules for marking
Please note that your assignment will not be graded or graded as Zero (0), if:
- It is submitted after the due date.
- The file you uploaded does not open or is corrupt.
- It is in any format other than MS-Word or Open Office; e.g. Excel, PowerPoint, PDF etc. It is cheated or copied from other students, internet, books, journals etc.
related to load shedding
Dear students,
As you know that Pre-Mid-Term semester activities have started and load shedding problem is also prevailing in our country. Keeping in view the fact, you all are advised to post your activities as early as possible without waiting for the due date. For your convenience; activity schedule has already been uploaded on VULMS for the current semester, therefore no excuse will be entertained after due date of assignments, quizzes or GDBs.
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