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CASE STUDY 
 
In  2003,  Partaab  Singh  and  Tanveer  decided  to  start  a  new  business  to 
manufacture noncarbonated soft drinks. They believed that their location 
in  Lahore,  close  to  high  quality  water,  gave  them  a  competitive  edge. 
Although  Partaab  Singh  and  Tanveer  never  worked  together,  Partaab 
Singh had 10 years of experience  in  the  soft drink  industry. Tanveer had 
recently  sold  his  own  firm  and  had  funds  to  help  finance  the  venture, 
however,  the  partners  needed  to  raise  additional money  from  out  side 
investors. Both men were excited about the opportunity and spent almost 
18 months developing their business plan. 
 
With  the help of a well developed plan,  the  two men were  successful  in 
raising the necessary capital to begin their business. They leased facilities 
and  got  underway.  However,  after  almost  two  years,  the  plan’s  goals 
were  not  being  met.  There  were  cost  overturns,  and  profits  were  not 
nearly up to expectations. 
 

 
Questions for analysis: 
 
Although several problems were encountered in implementing the business
plan, the primary reason for low profits was embezzlement. Partaab Singh
was diverting company resources for personal use, even taking some of the
construction material purchased by the company and using it to build his own
house.
a.  What could Tanveer have done to avoid this situation?
b.  What are his options after the fact?
 

Please Discuss here about this assignment. Thanks

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provide the solution kindly.
ENTREPRENEURSHIP (MGT602)
SEMESTER SPRING (2010)
ASSIGNMENT NO. 2

Solution:

a. What could Tanveer have done to avoid this situation?

ANS: MR.TANVERR should understand what the failure problems are. The best way to avoid failure to understand the failure.
He must hire a specialize person or company for help and handle the whole situation as he is not able to make a sound decision at a time. He must do full time commitment.
MR.Tanveer must update the plan because the environment factors and internal factors can change the direction of plan. It is important to be sensitive to changes in the company.

b. What are his options after the fact?

ANS: MR TANVEER is an inexperienced person he should gain knowledge or team up with the some one.
He should more consistent for his business .and he should not be more trusty on the partner.
Mr. Tanveer should also document customer need before set a plan.
He should discuss with Mr. Partab that he broke his trust.
He should specify his marketing strategy that will be implemented. A marketing marketing plan establishes how he will effectively compete and operate.
He should hire a specialized man to solve all problems.
MGT602_ ENTREPRENEURESHIP

ASSIGNMENT # 2


Q#1 answers:

After review of his analysis, In my point of view, after developing and implementing the successful business plan, Tanveer have done to avoid some situations such as: tanveer must have to take the corrective actions. The very first step he must have to take is to register his partnership legally. As he is the financer of his firm, he must have to make ROI proportion to his investment to recover his losses. To monitor his activities regularly he must take daily statement of banking transaction prior to link his company’ Bank account with e-statement facility to get daily transactions alert on his email. By using this facility he can check his company’s inflows and outflows to avoid leakage. Properly depute his trustworthy person to keep the records through Gate Pass & Builty No’s. Also he must have to install the CCTV’s at the premises and regularly check the activities at every start of day.



Q#2 answers:

After revealing the fact that partab singh has used company resources for his personal use and to avoid further embezzlement, tanveer decided to recover the losses through negotiation. If recovery does not exist then and negotiation fails to recovery the losses then he involve the mediator to recovery. But if this also fails then the last step is he takes the legal action against him.
Q#1 answers:

After review of his analysis, In my point of view, after developing and implementing the successful business plan, Tanveer have done to avoid some situations such as: tanveer must have to take the corrective actions. The very first step he must have to take is to register his partnership legally. As he is the financer of his firm, he must have to make ROI proportion to his investment to recover his losses. To monitor his activities regularly he must take daily statement of banking transaction prior to link his company’ Bank account with e-statement facility to get daily transactions alert on his email. By using this facility he can check his company’s inflows and outflows to avoid leakage. Properly depute his trustworthy person to keep the records through Gate Pass & Builty No’s. Also he must have to install the CCTV’s at the premises and regularly check the activities at every start of day.



Q#2 answers:

After revealing the fact that partab singh has used company resources for his personal use and to avoid further embezzlement, tanveer decided to recover the losses through negotiation. If recovery does not exist then and negotiation fails to recovery the losses then he involve the mediator to recovery. But if this also fails then the last step is he takes the legal action against him.
Q#1 answers:

After review of his analysis, In my point of view, after developing
and implementing the successful business plan, Tanveer have done to
avoid some situations such as: tanveer must have to take the
corrective actions. The very first step he must have to take is to
register his partnership legally. As he is the financer of his firm,
he must have to make ROI proportion to his investment to recover his
losses. To monitor his activities regularly he must take daily
statement of banking transaction prior to link his company’ Bank
account with e-statement facility to get daily transactions alert on
his email. By using this facility he can check his company’s inflows
and outflows to avoid leakage. Properly depute his trustworthy person
to keep the records through Gate Pass & Builty No’s. Also he must have
to install the CCTV’s at the premises and regularly check the
activities at every start of day.



Q#2 answers:

After revealing the fact that partab singh has used company resources
for his personal use and to avoid further embezzlement, tanveer
decided to recover the losses through negotiation. If recovery does
not exist then and negotiation fails to recovery the losses then he
involve the mediator to recovery. But if this also fails then the last
step is he takes the legal action against him.
assginment reqired sir entrepreneurship, mgt602, solution
plz give the solution of 2nd assignment case study i m waiting any budy here
plz send me the solution mean answers of requirments plz its urgent.try to understand
Sir plz upload the idea solution to check our assignment solution.plz sir its urgent.

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