Question: Local case study: Based on a local restaurant. Suppose the business name is: Yumminastic by Mysha. Owner of the venture name is Mysha Rahman. Now
Local case study: Based on a local restaurant. Suppose the business name is: Yumminastic by Mysha. Owner of the venture name is Mysha Rahman. Now assume that this business is bakery business in Bangladesh and make your own assumption to complete the report. (Must answer the following questions in a appropriate format). hints: use the perception of Bangladesh.
Section 3: Social Condition of Bangladesh and Your Business
1.What was your initial reason to get involved in entrepreneurship? Explain your answer with own example
a. Control and freedom of decision making
b. Profit/ money making
c. Self achievement
d. Did not want to work for others
e. Others_________________
2. What Kind of issues have you faced as an entrepreneur in Muslim majority based and male dominated society? What is your customers /medias opinion regarding your kind of businesses?
3. What was your friends and familys (Husband, kids and ln-laws in case of married respondents) reaction when you decided to start your own business? Have they supported you or not?If yes, how it has helped you in your business?If no, how have you dealt with the situation?
4. Have you faced any social criticism? How was your neighbors reaction on your entrepreneurial venture? In case of social criticism, how have you dealt with the situation?
5. Have you faced difficulties in balancing family life and your entrepreneurial venture? How have you dealt with the situation?
6. Does the literacy level of the customers affect your business or your customer service approach?
7. Demographic and population shift is going on in Bangladesh people are moving toward cities, number of population has increased etc. Does this phenomenon affect your business?
Section 4: Technological Condition of Bangladesh and Your Business
1.How the recent development in technology and internet in Bangladesh helped your business?
2. With the development of social media, it has also become easier for duplication of products/design and price variance. How is this phenomenon affecting your business, and how are you dealing with it?
3. How technology is helping you in Customer Relationship Managment? Has it made the customer interaction process easier and more difficult than before?
4. How technology is affecting your communication system with your vendor/suppliers?
5. Now many customers are open to online shopping and they are well informed as well. How this change in consumer buying pattern/behavior affecting your business?
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