Monday 31 October 2011

MGT602 Assignment NO:1 Fall 2011

Questions No: 1
                        Yes Hira should peruse it by keeping all the points in view it should be according to proper process of entrepreneurship .Location and customer type is very important for restaurant business and also know about the taste of the customers. Executive lounge should decorate according to the people or customer at that area. If customers have high profiles and rich peoples then it should be according to them. There should also a research on compotators in that market segment.  And also there is plus point of MBA of  Hira.Hira should keep in mind following points

Ø      She should have strong vision
Ø      Problem solving skill should be there
Ø      Understand the Latest technologies
Ø      Generate New ideas
Ø      Can gathered people and manager having some common interest
Ø      Keep observer towards customers
Ø      Very hardworking and responsible
Ø      Can take risk
Ø      Should be flexibility there
Ø      Follows through with ideas
Ø      Has confidence
Ø      Should enjoy networking
Ø      She can function in an environment of uncertainty.
Ø      She is like being in charge. 
Ø      She is willing to devote whatever time and energy it takes to 



Questions No: 2
                       
                            As she is doing job from last more than one year and he has much experience of working and know about working methods and conditions. On job she cannot get much income as compare to his own business. People who have confidence in his work and doing some jobs can start new business. Now she is taking more risk and also getting more returns on his investments.
She is more experimental and has more ideas.
 May be she has some new ideas in his mind by using that idea he can get more income.
She could have the devotion of necessary time and effort. She can assume the necessary risks.

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