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Question 2 [12] Read the case study below and answer the questions that follow. CASE STUDY Hassan's attempts Malik works at a bank but wants
Question 2 [12] Read the case study below and answer the questions that follow. CASE STUDY Hassan's attempts Malik works at a bank but wants to start his own business. His older brother, Hassan, has failed to start a business several times and advises Malik to stay with the bank. Page 7 of Summative Assessment STADIO SBS SUMMATIVE ASSESSMENT-2021 SECOND SEMESTER ENT100 ENTREPRENEURSHIP The following table gives a summary of Hassan's attempts. Business Reason for failure 1. Custom canvas sneakers Very high staff furnover 2. Protein smoothies Lack of interest from consumers 3. Fitness training app Too many similar products Source: Ward. B. Anderson W. Le Roux, C., Alberts, E. De Beer, M. Ellis. N. K. & Maritz, J. (2020). A guide to entrepreneurship 3rd ed. Cape Town: EDGE Education 2.1 Identify one mistake that Hassan made in each business case Explain what lessons Malik could learn from the mistakes you identified in 2.1. (6) (6) 22
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