Q1. Identify the factors responsible for the failure of both units?

Answer: Factors that failed Moleskin Unit:

1. The downfall of demand of moleskin cloth in market.

2. Labor troubles in the unit became severe that were not handled before handedly and became
the reason of failure.
Factors that failed Rubber Cloth Unit:
1. The severe labor trouble.
2. The downfall of prior unit made the viability of new project questionable in front of banks and
they denied to give loan. Because Mr. Bose was unable to repay the already taken loans.

Q2. Why mr. bose couldn’t approach any other financial institute for the arrangement of
finances?
Answer: Mr. Bose could not approach any other institute because he was already done with
spending his own savings and taking loan from friends and relatives. However banks were
reluctant to give him any more loan as he failed repay the prior taken loan from State financial
corporation (SFC).

Q3. Identify the entrepreneurial competencies of Mr. Bose.

Answer: entrepreneurial competencies can be defined as underlying characteristics such as
generic and specific knowledge, motives, traits, self images, social roles, and skills that result in
business birth, survival and growth.
There were three different levels of entrepreneurial competencies Mr. Bose possessed
1. Personal competencies: creativity, determination, integrity, persistence.
2. Interpersonal competencies: communication, engagement/charisma, delegation.
3. Business competencies: business vision, resource management, networking, negotiating skills.

Q5.if you are asked to take Mr. Bose’s position, which actions would you take to recover the
units.
Answer: failure is a part of process of entrepreneurship, if I was at Mr. Bose’s position, I would
have taken the following steps:
 Contacts. I would not alienate the people I worked with as an entrepreneur; these are contacts
that would be valuable in your future endeavors, whether they become partners, employees or
just contacts that coulf refer me more clients. The bigger your network is, the better.
 Mistakes. Reflect on all the mistakes I made during my tenure as an entrepreneur, including big
and small ones. Every decision I made while leading your company is a potential lesson to learn.
I would have sell the half of units to someone new in business, to keep my firm alive and kept
working.
 Authority. Don’t be shy; talk about your experience as an entrepreneur. Even if the business
failed, people will respect you for your leadership and management experience. So under this
step I would negotiated with my labors and could try to solve their troubles peacefully.