Question: 1 dvigation 3 4 7 8 11 12 15 16 0:47:20 Read the case and answer the following questions: Mr. Rashid is a graduate of

1 dvigation 3 4 7 8 11 12 15 16 0:47:20 Read the case and answer the following questions: Mr. Rashid is a graduate of Ibra College of Technology. After graduation, Rashid worked in a car showroom as a supervisor. He found the job very interesting and decided to start his own car repairing and servicing centre. He shared his idea of starting a new business with his friend Mr. Nasser. Mr. Nasser was the owner of an automobile service with the name 'Dr. Car'. After knowing the interest of Mr. Rashid, Nasser invited Rashid to join his business. Both invested OMR 30,000 each and expanded the business. Mr. Nasser is managing the workers. Mr. Rashid is in- charge of Administration and Accounts. At present 'Dr. Car' has three branches in Oman. The total number of employees in 'Dr. Car' are 58 and annual sales is OMR 995,000. Dr. Car' aims to start 5 more branches in different areas of Oman. 1. Which type of SME, 'Dr. Car' belongs to? Answer: 2. Which is the new form of entrepreneurship created after the expansion of 'Dr. Car? Answer: 3. What is the main goal of 'Dr. Car? Answer: 4. What is the advantage of the business started by Mr. Rashid initially? Answer: 5. Do you think that Mr. Rashid has taken a good decision to stop working as the supervisor in car showroom
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
