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Entrepreneurship and Enterprise Development Final Exam
Entrepreneurship and Enterprise Development Final Exam
Id No: - FMBA/001/20
Part one
1- A- Sole rebels fonder is exemplary of imitators entrepreneur in Ethiopia.
B- She needs for achievement, motivated and willing to accept the risk. She has self-
confidence and self-determination women, persuasive, she uses more inputs our local
material so she is resourcefulness.
C. She starts the business because of ‘’push” Influence on Disagreement with previous
employer so, I think She is motivated and desired for independence
D- I think she is creative, because she improves the existing shoes style and she uses
resource locally.
E- She contributes like hires many employees, she generate dollar for her country, she
promotes the country, and she motivates all creative and innovation ideas.
1- Executive summary- the projects nature and purpose of goods and services, marketing
strategies entrepreneurs history and sources of finance
2- Business concept- describes the project all necessary information detailed like the nature of
market demand, segmentation type source of finance partners of the business and objective of
the project.
3- Product or services of the project- Inputs type, Cost of raw materials, how to
manufacturing the product and all legal issues answers this section.
4- Market research and analysis – to know the customer type markets trend competitors we
need to make market assessment and analyses the findings well.
5- The market plan –all marketing mix and promotional mix detailed planned
6- Manufacturing or operations plan-like facilities and human resource, operations other
insurance and legal protection
7- Profiles of entrepreneur’s team member. All members of the business including board of
the business profile described
8- Financial document- all income statements cost of goods, operating expense profit and loss
taxes revenue and other financial statements briefly show.
1- Finance companies
2- consumer finance companies, and
3- commercial finance companies
3- Yes, I agree. b/se there are many entrepreneur but have not good transactions. So I recommended
for commissioner to
- Adjust the entrepreneur finishing production style by providing training
- Give training how to handle the customer and how to retail them.
- Gov’t Promote all entrepreneurs product not only Ethiopia but also out of the country.
- Continue and transfer the experience and skill of the entrepreneurs ability
- Because of retirement death and other problem it may not stop the business.
Part two
Ques.no.1-
1- Potential entrants
2- Buyers.
3- Substitutes-
4- Suppliers-
5- Other stakeholders /relative power of unions, gov’ts, special interest groups. etc..
Ques.no.2
1- Potential entrants – the company already start to produce the product so the company must
assess their customers need side by side this is because they can evaluate how to threat of new
entrants.
2- Buyers- based on Assessment Company knows the type and willing and ability power of
buyers.
3- Substitutes- the enterpriser knows what if the product can’t produce threat of substitutes of
products or services.
4- Suppliers-inputs or raw materials availability in the market
5- Other stakeholders /relative power of unions, gov’ts, special interest groups. etc..