an assigment of entrepreneurship

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    A PRESETATION OFENTREPRENEURSHIPAXIS PHARMACEUTICAL

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    INTRODUCTION OF FRIMAxis pharmaceutical is located in Faisalabad also known as Manchester ofPakistan because of its huge Industrial Base specializing in Textiles. Thecompany is owned and run by professionals in the field of Pharmaceuticalshaving more than 40 years of experience. Our state of the artmanufacturing facility is certified GMP compliant and was launched in theyear 2009. In a very short span of time; we have started to supply a widerange of different therapeutic classes across the country. Their rapid growthand brand recognition within two years time reflects faith of our clients in

    our companys promise of quality. Axis Pharmaceuticals is licensed by theFederal Ministry of Health to manufacture pharmaceutical drugs by the wayof formulation.Our core business activity includes product development, manufacturingand marketing through a team of true and competent professionals whoadhere to the standards of FDA and other international manufacturing and

    marketing standards.Currently a large number of drugs from different therapeutic classes aremanufactured i.e. Antibiotics, NSAIDs, Anti-pyretic, Anti-histamine, Anti-malarial, Anti-peptic ulcer ant, hypoglycemic, Anti-depressant,Cardiovascular Beta Blocker and others. We at Axis Pharmaceuticals followstrict professional working standards as outlined by ISO-9001-2008 and

    other International Standards of the same class to produce our products

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    QUESTIONNAIRE WITH

    ENTREPRENEURSHIPName of the FirmAXIS Pharmaceuticals

    Year of establishment

    2009

    Name of EntrepreneurImran Asghar Gorija

    Position in firm

    Company owner-senior executive

    Self-employed

    Upper management

    Mid-level management

    Other

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    GenderMale Female

    Age

    35

    Highest level of education

    None

    Primary/High School

    College

    University

    Education Background

    MBA Finance

    Experience in business

    10 year

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    Have you ever worked for yourself

    Yes

    What your age when you start your business

    25

    30

    35

    In this business

    Full time

    Part time

    Your business is registered

    Yes

    No

    Legal form of business

    Sole Trader ship

    Partnership

    Other

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    Number of employee

    75

    How many type of product your firm produce

    41 types

    How you finance your business

    Bank loan

    Family support

    Other

    How you advertise your products

    Sale man

    Are you confortable taking financial risk

    Yes

    No

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    Do other people seek you advice

    Yes

    No

    Do other people see you as a positive person

    Yes

    No

    Do you overcome rejection readily

    Yes

    No

    Do you have sufficient resource to support yourself

    Yes

    No

    Do you have marketing skill

    Yes

    No

    Would you hire someone has more business skill than yourself

    Yes

    No

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    Where others see problems, you see possibilities

    Yes

    No

    You are fairly curious and you are continually in search of discovery

    Yes

    No

    You want to build something that will be recognized publicly

    Yes

    No

    When faced with difficulties, you look for alternative solutions

    Yes

    No

    You are capable of imagining how you can make things work

    Yes

    No

    When you take on a project you have confidence that you will carry

    It out successfully

    Yes

    No

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    According to you, you somehow make our own luck

    Yes

    No

    You have no problem working for someone else

    YesNo

    you try to be the first or the best in your area of competency

    Yes

    No

    You are capable of seeing many solutions to a problem

    Yes

    No

    you always try to learn lessons from my failures

    Yes

    No

    For you, everything is possible if you believe you can do it

    Yes

    No

    Success is mostly luck

    Yes

    No

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    you often feel stuck by a difficult situation

    Yes

    No

    you can easily imagine many ways to satisfy a need

    yes

    No

    After a failure, you are able to pick yourself up and start over

    Yes

    No

    you always try to take calculated risks

    yes

    No

    you not afraid to take on initiative

    yes

    No

    You manage your stress well in ambiguous and uncertain situation

    Yes

    No

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    CONCLUSION

    Inexperience and incompetent management are the mainreasons for failure. Good entrepreneurs seek feedback fromothers. A good trait for an entrepreneur is to be acalculated risk taker. Most successful entrepreneurs havefailed at one time or another. Entrepreneurs do not need

    foresight. Commitment, determination, and perseveranceare the only characteristics one needs to become asuccessful entrepreneur. Creativity was once regarded as anexclusively inherited trait. There are many risks inentrepreneurship. There can be great financial risk in smallbusiness. The higher the rewards, the greater the risk thatentrepreneurs face.

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    IMRAN ASGHAR GORIJA