VU Entrepreneurship (MGT 602) Spring 2013
Entrepreneurship (MGT 602) spring 2013
Due date :02 May 2013
TOPIC: The Importance of Entrepreneurial Environment in Pakistan
OBJECTIVES: To provide a knowhow to the students that why young graduates
prefer jobs over businesses.
LEARNING OUTCOMES:LEARNING OUTCOMES:
After attempting this assignment, the students will be able to:
• Assess how to break those barriers which will hinder the Youngers to startup their own
• Know the need for creation of enterprise and new business environment in Pakistan.
• Get an idea how to start their own careers.
Back ground: Back ground:
Entrepreneurship is treated as one of the most appropriate tool to fix many socio-economic
problems faced by developing countries. This shift has been observed in all developed and
developing countries. In this decade the research conducted by many state and non-state
organizations and educational institutions have revealed the potential of entrepreneurship in
economic growth and development. The entrepreneurial process ensures the self-employment
that is the most appropriate tool to eradicate poverty and unemployment. It also ensures
improved productivity through innovation. Pakistan is going through turmoil of economic
downfall where most of the firms are falling in trenching situation. The production capacities of
firms are either squeezed or shifted to other countries that cause terrible increase in
In Pakistan one of the serious socio -economic issue is unemployment. To overcome this issue
there is generally two ways. One is to create jobs and other is to establish their own enterprises.
But People are extremely risk averse and that is the main reason they do not try something new.
It is commonly observed that Pakistani graduates after completing their degrees opt to work for
someone else instead of starting up their own businesses. In Asian developing countries,
entrepreneurship development is currently an important issue related to economic development.
It is believed that in most of the countries lack of entrepreneurship is the main cause of weak
economic backwardness, limited capital, skilled workers and technology.
Q.1 In your opinion what are those barriers that could hinder the entrepreneurial intensions of
business graduates in Pakistan. You need to provide at least 10 reasons? (10 marks)
Q.2 In your opinion, the factors that you have mention in question no.01, how we can break
those barriers to stimulate the entrepreneurial intensions among business graduates in Pakistan.
Provide at least five detailed arguments? (10marks)
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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.
Students are advised to study the whole text carefully.
Try not to include any irrelevant material in the solution
Try to come up with precise and original answers.
Any act of plagiarism like copy paste from internet will result in ZERO marks.
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Make sure to upload the solution file before the due date on VULMS.
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Use the font style “Times New Roman” or “Arial” and font size “12”.
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You may also compose your assignment in Open Office format.
Use black and blue font colors only
Use APA style for referencing and citation. For guidance search “APA reference style”
in Google and read various website containing information for better understanding or
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
• It is cheated or copied from other students, internet, books, journals etc.