Question
Hi this is for a first year Business Ethics and Professional Practice subject in BSc. TASK 01 (LO 1) Ann was a student in undergraduate
Hi this is for a first year "Business Ethics and Professional Practice" subject in BSc.
TASK 01 (LO 1)
Ann was a student in undergraduate and is the eldest daughter of a family which had economic difficulties. Her brother is studying in grade 12. Her father is a labourer and her mother is a housewife. The salary of Ann's father is not enough for all the household activities. Yet her mother was frugal and responsible enough to spend a greater portion of the income on the education of children and the rest for other needs of the home. Though income difficulties were there, they lived a happy life.
One day Ann's father met with an accident and became bedridden. As a result, he lost his job. Ann regretted a lot seeing the helplessness of her mother who didn't receive any income for the medical treatments of her father and the household affairs. Ann's mother was a very courageous woman and she determined to stand on her own. Ann's mother started a small institution that makes handbags utilizing the resources available in her area with the small amount of money she has saved. Ann was amazed when she saw the dedication of her mother who worked hard for her business day and night while doing all the work of her father without any negligence. Her creations were different when compared to the other handbags available in the market. As a result, she was able to increase the sales of her products. She was able to give jobs in her business to four women in her area within a short period and became a famous and successful individual in the area. Further, she was selected as a member of the executive committee of the women's society of the area.
The fact that she was able to continue the education of her children and earn a satisfactory income to nurture them witnessed that she had successfully faced the challenge of balancing the roles of her personal life and the role as an entrepreneur. After recovering fully, Ann's father was satisfied with the achievements her mother had gained when he was disabled and decided not to seek other jobs and to join and develop the business of Ann's mother. Ann was too determined to be a successful woman entrepreneur like her mother after studying well.
Q1) Explain how she had overcome the barriers of women's entrepreneurship Justify the answer mentioning the ethical social and legal concepts.(20 marks)
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