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I want a correct and complete solution for all paragraphs. I must adhere to the instructions. I don’t want plagiarism. I don’t want similarities. I don’t want a solution using artificial intelligence. I want a correct solution.
Put the solution inside the file. Include all requirements. Errors are not tolerated.
If you are confident in yourself and certain that you can solve the problem, accept the work.
Note: I have many projects. If your work is good, I will continue to cooperate with you.
Assignment 1
Deadline: Wednesday 01/10/2025 @ 23:59
[Total Mark for this Assignment is 8]
Student Details:
Name:
ID:
CRN:
Instructions:
• You must submit two separate copies (one Word file and one PDF file) using the Assignment Template on
Blackboard via the allocated folder. These files must not be in compressed format.
• It is your responsibility to check and make sure that you have uploaded both the correct files.
• Zero mark will be given if you try to bypass the SafeAssign (e.g. misspell words, remove spaces between
words, hide characters, use different character sets, convert text into image or languages other than English
or any kind of manipulation).
• Email submission will not be accepted.
• You are advised to make your work clear and well-presented. This includes filling your information on the cover
page.
• You must use this template, failing which will result in zero mark.
• You MUST show all your work, and text must not be converted into an image, unless specified otherwise by
the question.
• Late submission will result in ZERO mark.
• The work should be your own, copying from students or other resources will result in ZERO mark.
• Use Times New Roman font for all your answers.
Restricted – مقيد
Question One
Pg. 01
Learning
Outcome(s):
Describe the
importance of
creativity and
innovation which
are the integral
parts of
entrepreneurship.
Restricted – مقيد
Question One
2 Marks
There is a growing demand for eco-friendly delivery services due to rising fuel costs
and environmental concerns in Kingdom of Saudi Arabia.
As a potential entrepreneur:
1. Identify at least two characteristics of an entrepreneur that would help you
succeed in launching this business.
2. Discuss two major benefits and two potential drawbacks of starting such a
business.
3. Considering the high failure rate of startups, explain how you could use
creativity and innovation to increase your chances of success.
4. Reflect on how cultural diversity in entrepreneurship (e.g., youth, women,
minorities, expats) might influence or support your business idea.
Question Two
Pg. 02
Learning
Outcome(s):
State a solid
understanding of
the potential of
entrepreneur in
today’s competitive
business world.
Restricted – مقيد
Question Two
2 Marks
Why does a small firm need strategic management, and in what way can using either a
low-cost, differentiation, or focus strategy help a small firm gain competitive advantage
in the market?
Question Three
Pg. 03
Learning
Outcome(s):
Measure the
potential of
different forms of
ownership as a
growth strategy.
Question Three
2 Marks
Dear students, Let’s assume that you are an aspiring entrepreneur in Saudi Arabia,
planning to launch a cloud-based health management platform that connects doctors and
patients virtually.
Your business goals are:
• Attracting investment from angel investors and possibly international venture
capital firms.
• Protecting yourself from personal financial risk.
• Ensuring long-term scalability and continuity of the business.
• Maintaining as much control over decision-making as possible in the early years.
Question based on the Assumption and goals:
1. Based on the forms of ownership discussed (sole proprietorship, partnership,
corporation, S-Corporation, and LLC), which ownership structure would be
most suitable for your venture?
2. Justify your choice by comparing at least three alternative ownership forms in
terms of:
•
•
•
•
•
Liability
Taxation
Ability to raise capital
Control and management
Continuity
Your answer should demonstrate critical thinking by balancing short-term needs
(startup ease, cost) and long-term goals (growth, investment, continuity).
Conclude your answer if you feel….
Restricted – مقيد
Question Four
Pg. 04
Learning
Outcome(s):.
Measure the
potential of different
forms of ownership
as a growth
strategy.
Restricted – مقيد
Question Four
2 Marks
Why is franchising an important growth strategy for businesses, and what are two key
benefits and two limitations entrepreneurs should consider before buying a franchise?
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