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Assignment No.1
Due Date: 11 may, 2016
Marks: 10
Topic: The Nature and importance of entrepreneurship
Learning Objectives:
 To make students understand that why young graduates in developing countries prefer
doing jobs, rather to go for their own businesses.
Learning Outcomes: After attempting this assignment, the studies will be able to:
 Identify the factors that discourage the students to establish their own business.
Back ground:
World’s best universities are offering a bachelor's degree program in entrepreneurship as a major
area within a business administration degree. Hands-on work through on-campus training,
employment opportunities and classroom simulation of the business environment are key
elements in many entrepreneurship programs. After studying entrepreneurship the students in the
developed countries are more inclined towards establishing their own businesses. But the
situation is reverse in the developing countries like Pakistan. Even though entrepreneurial degree
programs are thoroughly designed to inculcate the culture of entrepreneurship among young
breed but still they prefer jobs over business.
You are required to identify at least five institutional obstacles that discourage the students of
developing countries to establish their own business. (10Marks)
24 hours extra / grace period after the due date is usually available to overcome uploading
difficulties. This extra time should only be used to meet the emergencies and above mentioned
due dates should always be treated as final to avoid any inconvenience.
 Students are advised to study the whole text carefully.
 Try not to include any irrelevant material in the solution
 Try to come up with precise and original answers.
 Any act of plagiarism like copy paste from internet will result in ZERO marks.
 Assignments reaching after the due date would not be considered.
 Make sure to upload the solution file before the due date on VULMS.
 Any submission made via email after the due date will not be accepted.
 Use the font style “Times New Roman” or “Arial” and font size “12”.
 It is advised to compose your document in MS-Word format.
 You may also compose your assignment in Open Office format.
 Use black and blue font colors only
 Use APA style for referencing and citation. For guidance search “APA reference
style” in Google and read various website containing information for better
understanding or visit
Please note that your assignment will not be graded or graded as Zero (0), if:
 It is submitted after the due date.
 The file you uploaded does not open or is corrupt.
 It is in any format other than MS-Word or Open Office; e.g. Excel, PowerPoint, PDF
 It is cheated or copied from other students, internet, books, journals etc.

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