MGT602 GDB # 2 Solution

MGT602 GDB # 2 Solution:
"A research study shows that entrepreneurs managing small businesses in Pakistan consider formal business planning a mere wastage of their precious time."Do you agree or disagree, support your argument with solid reasons.
Answer:
Yes it is true that entrepreneurs managing small businesses in Pakistan and wastage of their precious time. As we know that the entrepreneurs of pakistan effort to become wealthy overnight and without having to move up the ladder gradually. This overconfidence and lack of understanding for proper business techniques causes the demise of many entrepreneurial ventures.


If we see that there are large number of smaal businesses in pakistan and in many cities womens work at home and work as a business but if these womens enter into the market and an increasing number of women are fighting for their right to enter into the business world, entrepreneurship amongst women is giving rise to some excellent business ventures.