MGT 602 Entrepreneurship Assignment No 2 Solution fall 2021/20
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MGT 602 Entrepreneurship Assignment No 2
CASE
Generically, a business school offers degree programs with hands-on business training, workshops, on-campus seminars, and classroom business simulations. these degree programs equip fresh business graduates with business management skills. the outcome of these business degree programs is different in developing countries as compared to developed countries. in developed countries, students are more inclined towards establishing their own businesses and adopt the role of job creator. But in developing countries like Pakistan, the situation is totally opposite. Although, business degree programs are systematically designed to instill the culture of entrepreneurship/startups among young business graduates breed still they prefer a job over a business. this phenomenon is reasoned for some non-refutable obstacles.
Requirement:
identify at least 4 institutional obstacles that prevent business graduates from being an entrepreneur in any developing country likes Pakistan. (08Marks)
SOLUTION QUESTION NO. 01
Following are some important points.
v Lack of Capital
v Lack of Experience
v Lack of Skills
v Lack of Control
v Lack of Management
v Lack of Resources
v Lack of Humans
v Lack of Communication
v Lack of Planning
v Lack of Controlling
v Political Situation
v Economic Situation
v Social Problem
v Culture Problem
v Hardworking
v Poor Idea
v Failure of Business
v Poor Thinking
v Stress
v Guidance
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