THE SUBMISSION IS IN THE FORM OF THREE WRITTEN REPORTS.

THE REPORTS SHOULD BE WRITTEN IN A CONCISE, FORMAL BUSINESS STYLE USING SINGLE SPACING AND
FONT STYLE CALIBRI AND SIZE 11. YOU ARE REQUIRED TO MAKE USE OF HEADINGS, PARAGRAPHS AND
SUBSECTIONS AS APPROPRIATE, AND ALL WORK MUST BE SUPPORTED WITH RESEARCH AND REFERENCED
USING THE HARVARD REFERENCING SYSTEM. PLEASE ALSO PROVIDE A BIBLIOGRAPHY USING THE HARVARD
REFERENCING SYSTEM. THE RECOMMENDED WORD LIMIT IS SPECIFIED.
Scenario

According to Global Entrepreneurship Monitor’s 2017-18 report, Pakistan lags in start-ups,

with less than half the rate of early- stage entrepreneurial activity found in other factor-
driven economies. Part of the problem is that most young people coming out of universities
prefer searching for a job instead of exploring entrepreneurial career opportunities. Beside
these facts, still many entrepreneurial ventures started up in recent years in technologies,
food businesses, online shopping concepts, digital marketing, transportation services etc.

Entrepreneurship is the process of designing, launching and running a new business, which
is often initially a small business. The people who create these businesses are called
entrepreneurs. It provides the freedom to pursue your own vision, the control and
flexibility you have over your own time, the opportunity to learn and gain knowledge, the
highs and lows of self- employment. The sense of pride and fulfilment in accomplishing
things. A major disadvantage to being an entrepreneur is that it requires more work and
longer hours than being an employee besides taking high risk to introduce new and
innovate idea of product/service.
You will be required to conduct primary research on your choice of entrepreneurial venture
and conduct primary and/or secondary research on different type of entrepreneurial
ventures from the same industry. The research will aim to compare the different ventures
within their different environments.
TASK 1 - (LO1)
While developing a comprehensive report on your chosen entrepreneurship entity
classify it as a specific type of entrepreneurial venture. Identify other
local/international such set-ups in the country with the same product range but
belonging to a different category of entrepreneurial ventures. Explain how they
relate to the typology of entrepreneurship. Find similarities and differences between
the selected entrepreneurial ventures. CLASSIFY DIFFERENT ENTREPRENEURSHIP
VENTURES STUDIED ABOVE WHETHER BELONGING TO PUBLIC AND/OR PRIVATE
SECTOR, AND IDENTIFY THE MAIN DIFFERENCES. PAKISTAN IS A DEVELOPING
COUNTRY, CONDUCT AN INDEPTH ANALYSIS OF THE SCOPE, DEVELOPMENT AND
GROWTH OF START-UPS IN PAKISTAN, BY LOOKING AT THE SUCCESS AND FAILURE
RATE OF THE CONTEMPORARY START-UPS, INCLUDING THOSE DISCUSSED ABOVE
AND BEYOND.
LO1 EXPLORE AND ILLUSTRATE THE RANGE OF VENTURE TYPES THAT
MIGHT BE CONSIDERED
ENTRPRENEURIAL
P1 EXAMINE DIFFERENT TYPES OF
ENTREPRENEURIAL VENTURES AND EXPLAIN HOW
THEY RELATE TO THE TYPOLOGY OF
ENTREPRENEURSHIP.
P2 EXPLORE THE SIMILARITIES AND DIFFERENCES
BETWEEN ENTREPRENEURIAL VENTURES.