Mohanned decided to start a water theme park in Barka , Oman . He prepared a business plan and submitted it to Bank Muscat to take loan of OMR 5000000 . He submitted documents of his 5 villas to get the loan from bank . After the bank issued loan Mohanned went to Oman chamber of commerce and industry and requested his new theme park named as Ross Island to be legally registered . After checking the documents the ministry registered the theme park as Ross Island LLC . Mohanned had partners who invested in this new business who were shareholders . The tourists who came to his place and the citizens who came to the Ross Island kept increasing . The entry tickets pricing was affordable many visitors came to his park . So Mohanned started Ross Island also in Salalah .

1 ) Is Mohanned an entrepreneur or Intrapreneur ? Define entrepreneur and intrapreneur .

2 ) Mohanned requested OMR 5000000 loan from Bank Muscat . What is this request called in Business Plan ? Define it .

3 ) Write the management team of Ross Island in your own words in two sentences .

4 ) Write the executive summary for Ross Island theme park in your own words in two sentences .

5 ) Write the company description of Ross Island in your own words in two sentences .

6 ) What are the advantages and disadvantages of starting this theme park ?

7 ) Mohanned decides to start one more Ross Island in Salalah . Is this called Market expansion ? Explain it .

8 ) He registered Ross Island as LLC . Define LLC .

9 ) Mohanned submitted documents of his 5 villas . What are these documents called ?

10 ) Do you think that this business will be successful ?