05-12-2010, 10:48 PM
saba Wrote:Total Marks 2
Starting Date Wednesday, May 12, 2010
Closing Date Friday, May 14, 2010
Status Open
Question/Description
“An Entrepreneur was running his business successfully in Pakistan. He decided to expand his business in the international market. He sent few very senior employees to the Europe for running his branch over there. One of his intrapreneurs arranged some loan to the bank for this purpose with very reasonable rate. After 8 months that branch failed to accomplish its entire targets, as a result the domestic business also suffered badly”.
Under this scenario, the decision of starting his business in the international market was good or bad, and state with reason that who was the most affected entity in this decision to the following: Entrepreneur, Intrapreneur or Bank.
(Your answers must be within two lines)
i fink this is all
Answer
Entrepreneur has the authority to take final decision. So his decision of expanding business in the international market was good. As he knows about his financial resources so he should take decision after proper surveys, If he couldn't do so in past, then is was his own responsibility that keep a check on monthly basis reports. He should neither take rest nor shows ignorance about international branch, so my point of view is that main reason was entrepreneur himself and he was mostly affected by this decision