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MGT602 GDB 1 Solution Spring 2022

MGT602 GDB 1 Solution Spring 2022: The objective of this activity is to make students recall the academic concepts and apply them in real life scenario. After attempting the assignment, students will be able to relate academic concepts to real life situations.

Case 1:

Shakeel belongs to a reasonable family. He started a new computer repairing shop with the support of his father. He managed to get some of repeated customers in no time. After completing his business degree, he was able to give much time to this small venture and soon added different product range to his existing line. He was able to some space on rent and add some gaming computers as well.

Case 2:

Moazzam is a business graduate. After completion of his degree, he started a 9 to 5 job. After 10 years serving the industry he realized to start his own venture. He enrolled himself in a mushroom cultivation course and soon after completion of his course, he started cultivation mushrooms from the rooftop of his own home. Intially he invested a small amount but has planned to expand in future.

Requirement:

Compare the two businesses on the basis of explanation made in lectures. Which business according to you has a greater chance of success? Justify your answer with five logical points.

Important Instruction:

  • Choose appropriate options to present your argument.
  • Keep your discussion with the mentioned scenario and irrelevant answers and material will not be graded.
  • Your discussion must be based on logical facts.
  • Use the font style Times New Roman and font size 12.
  • Your answer should be clear and concise.

MGT602 GDB Solution 2022:

After reading the both Cases, Shakeel started his own business but Moazzam gets a job. Now a day’s world a job person having a specific amount so he cannot fulfill his dreams. But a business man can fulfill his own dreams. So, My point of view a business man has a greater chance of success.

There are some Solid points that are as follows:

  • Shakeel wants to added a different new product to expand his business 
  • The world is adopting new technology day by day, so there will be excessive use of computer so a computer shop business will be a successful business.
  • Shakeel wants to added new gaming computers which are the most used electronic machines in today era.
  • In today’s life everyone uses computers, Shakeel repairs the computer, so there are many chances that he will get plenty of customers who wants to repair their computer.

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