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Faculty of Business Assignment 2
I. Introduction
Actually, woman entrepreneur is one who acknowledges evaluating different jobs in order to
meet their needs and turning out to be financially autonomous. Additionally, many women are
getting to be pioneers of their own organizations, and many are attempting to make progress. As
consent. The fundamental purpose of this paper is to analyze the women concepts on
entrepreneurship in Gulf-centered women and Asia. Thus, it is projected that this concept will be
extremely valuable for scholars who are undertaking this field (Battista, 2008).. Due to obvious
reasons, this field has become vital for study and enables individuals comprehend aspects based
on constraints, motivation, and limitation factors. It is known that elements influencing women
cooperation jobs have become very distinctive globally, thus it will lead to a transition in the
dynamic idea of individuals in which they are involved. Various endeavors are upheld in order to
inspire both the social and monetary position of most women. Due to the advancement in women
business visionary, it will thus create complex financial advantages within Gulf based small
business women.
Herbane (2010) points out essential entrepreneurial incentives, which could result to
tremendous entrepreneurial prosperity. Consequently, his study also explained about various
skills and knowledge, ambition, market gaps, independence, family support, and other
Additionally, the study also clinched that skill and knowledge, ambition, and the magnitude of
Owalla and Holmquist (2017) adds that women have been successful in creating obstacles amid
the restrictions of every homestead through venturing in assorted professional and other services.
Thus, the major factor which stimulates most gulf small business women venture into
entrepreneurship is due to vast knowledge and skills, and adaptability within their environment.
Lam, (2006), adds by explaining the need of women entrepreneurs in the Asian business
cycle. In addition to that, the authors have investigated this concept through carrying out an
analysis on these motivational elements amid other factors, which affect gulf women in
becoming successful entrepreneurs. Moreover, the study has also aligned the major strengths and
weaknesses existing within women entrepreneurs alongside various natural prospects and fears,
which can endorse entrepreneurship, which also provides different recommendations of women
entrepreneurship existing within Asia and the gulf region. According to the author, he found out
that inadequate training and education is the main factors that make it difficult for most women
businesses in the gulf region thrive. Another great hindrance is availability of capital to build up
the business.
On the other hand, Sharafizad and Standing, (2017) also pointed out the need for most
women entrepreneurs unleashing their innovative strengths in order to build a business. The
others analyzed Asian women entrepreneurial activity based on both quantitative and qualitative
factors and thus outlined four major segments – the Pre-Independent era, the Post-Independence
era, Post liberalization era, and the post-global recession era (King and King, 2015). Thus it
explains the level at which various structures within the Gulf community can provide a favorable
Sharafizad and Standing (2017) on the other hand, provided a detailed explanation of women’s
motivation, and experiences in business. In order to support such, the study outlined major 5
psychological and monetary elements that could motivate women in becoming fruitful
entrepreneurs. Such factors as evaluated by Ninemeier and Hayes (2006), included the need of
acquiring a wealth standard of living, their desire of funding any business they got hold on, a
petition of having a start-up culture, and the need of cooperating with another party was not
desirable. Further, the study stated that many women from the gulf region are majorly anxious on
shielding the main logical investments unlike a fellow colleague. Therefore, through mentorship,
it will provide concrete motivation of every women entrepreneur present any financial aid, and
elements within most businesses in the Asian community and also helps in providing logical
order to attain fruitful results on women entrepreneurship, there is need for enlightening most
women about demographic strata. Aligning various mindfulness and consciousness within most
women in order to surpass within the business sector will make most of them apprehend their
abilities, significant role in the society and the change they can create within the community and
On the other hand, Owalla and Holmquist, (2017), validates that the gulf women view the world
in different perception, therefore they ought to execute tasks in an assorted manner. Despite the
fact that most businesspersons in Asia or gulf region are engaged in small business, they also
encounter vast equality gaps. Mirzaev, Okishev and Mirzaeva (2013) argue that in some
countries in the Asian regions businesses handle by women are often rated equal to men will
Faculty of Business Assignment 5
other areas such is barely taken into consideration. Although most women entrepreneurs are
actively engaged in business, they cannot get to their stated potential threshold. Therefore,
prejudiced policies and in-built gender partiality (Lovett, 2015). The authors thus suggest that
financial companies should put much effort in investing in women’s capabilities through creation
of cooperation, which will provide a chance to women in improving their businesses as a whole.
In the article presented by Sharafizad and Standing (2017), she has tried explaining the current
state and niche the gulf women occupy in the present economy. She achieved all this through a
close rational sixty years after most Asian countries liberation. She points out that majority of
women have made greater improvement that is highly notable through eliminating possible
gender differences that existed (González, 2012). Hitherto, the fact that most girls are marketed
annually, with increased dowry practice, sexual harassment, which highly inhibit development
processes. Unlike initially, most women in the current state have accomplished many things
although they should thrive to work hard in order to achieve all objectives.
Empirically, in this paper primary data was gathered with interview with one woman who is an
entrepreneur from a potential business region in Asian or Gulf region. In reference to theoretical
frameworks of interviewing the participants, it was evident the Asia and the Gulf regions were
suitable for the activity. These regions mainly represented different kinds of women
entrepreneurial businesses and a wide range of age groupings. The interviewers were designated
based in both comparative high level of skills and knowledge driven entrepreneurship with
Faculty of Business Assignment 6
others being depicted from the rural sector. In this research paper, we shall present the questions
used during the interviewing process with on response from one interviewer.
Smitha interview
Personal comments: “Smitha’ acknowledges that where she is today being due to continually
seeking gurus support (Now she tutors others), investing her extra energy on circumstances she
needs to seek after, certainty, mixing her work and coexistence, and survey issues like chances.
This is regarded as the fixation and enthusiasm aimed at accomplishing various prominences.”
Question 1: What do you believe are the keys to expert and business accomplishment for women
Question 2: What was your best impediment you have looked in making the progress you want?
Question 3: What guidance would you give young women who need to pursue a comparative
Response
Maintaining a positive assumption, which denotes 100% of the feedback, the response exhibits a
high level of honesty and integrity backed up with critical thinking and education.
Entrepreneurial women in my locale were characterized by hard work and determination due to
their notion to multitask. Over the years, the level of critical thinking and education has
increased significantly. Despite this progress, there are certain obstacles that are evident in every
activity that entrepreneurs do. However, it is our own choice to determine if we will consider the
obstacles or not. On the other side, it is significant if we work towards mitigating the challenges
and obstacles that ‘staring’ at them. This is highly recommended since its advantages are
numerous. For my case, I consider engaging my two children in every activity I do instead of
Faculty of Business Assignment 7
leaving them with someone or thinking of babysitting while I am away. In that manner, my
It is critical of people had a clear perception of their passion and what they are pursuing in life.
This is further enumerated when people knew what they wanted in life. As long as you have a
firm focus and expectations, you will be ready for anything that might come your way. However,
confidence and evaluating your strengths and weakness are relevant in business and self-
education about a particular business. Once you have understood your expectation and
comprehended on your weaknesses, you should stay focused and avoid giving up. As part of my
advice, I appreciate if people stop comparing themselves with others. Embrace the spirit of self-
innovation, being independent and focused. Most importantly, learn to regulate yourself and
evaluate what is relevant to you. This can be achieved by being assertive on your decisions,
which does not allow you to be influenced by being either male or female. Stay strong,
In Asian or gulf region, women businesspersons perform a very fundamental part. Not only are
they just taught, skilled, sure, aggressive and profession situated however they likewise know
their brains. Presently, women show that they can perform multiple tasks. Women doing
business can surely start, sort out, strategize and work their little and intermediate endeavor
proficiently. The use of entrepreneurial skills to add on your income is fundamental especially
for those who come from regions with tough economic conditions. These skills can also be used
by people who are either unsatisfied with their salary or just want to have an extra source of
income (Meudt, Metternich and Abele, 2017). In any case, test for bigger areas of women in the
Faculty of Business Assignment 8
Asian or gulf region lies on an intersection edge, conquering boundaries and finding impending
and self-personality.
Therefore, below are advantages achieved by women entrepreneurs in Asian or gulf region, they
include:
Emotive Insight: According to Cheng (2017), many business women as more astute than
most men. These women have a higher level of relation aptitude, which is imperative and
Task Performance: Women are characterized by their ability to do multiple tasks at one.
These include doing bookings, writing texts and answering a call, including any crucial
activities that have to be undertaken on a particular day. This implies that women can
successfully head their families and work obligations. On the other hand, men are fond of
having some troubles while handling multiple tasks at one. They only tend to concentrate
Marking Demeanor: Women in business have a vision, which is of a higher degree when
Family Contemplations - In Asia or gulf region, women are bound to bear a more
noteworthy offer of children raising obligations. Kids may request their moms' full focus,
which is difficult for female business visionaries. Building and maintaining any business
requires much time, which might affect the focus on an individual on his/her own family
duties. Ladies in this circumstance must offset their family existence with their
Faculty of Business Assignment 9
obligations as business visionaries. For instance, mothers can convey about the need to
commit some time amid the day exclusively on business, while different occasions can be
Confidence - Albeit a man and a woman can confront issues of self-uncertainty, or need
certainty to contend in the business advertise, men do not experience the ill effects of a
male business pioneers may not trust that their female partners can contend or enhance to
the extent that they can. Thus, the main background of these perspectives is
generalizations about women. Acquiring a female guide or partner can helps ingrain
obstruction. Upon beginning a business, business people need to arrange cash flow to get
the business off the grounds. Female business people frequently get their underlying
financing from family advances, reserve funds and charge cards (Khurum, Petersen and
Gorschek, 2014). In any case, women can acquire capital from government aids, self-
subsidizing and financial speculators. At the point when women have promising business
thoughts, it is less troublesome for them to acquire startup capital. In this manner, having
a strong marketable strategy aids in decreasing the fund boundary for women.
V. Conclusion
To whole up, the examination presented in the past segment exhibits repeating examples of,
certain, however regularly commanding impact, whereas meso and the micro-environment
Faculty of Business Assignment 10
assumes a reduced imperative job in affecting achievement. Generally, the information features
consolidating business with individual life related perspectives within enterprising exercises.
accordance with past examinations, because of women business visionaries it does not get the
job done to limit accomplishment to financial accomplishment, as this does not clarify women’s
innovative conduct. Another step incorporates involving achievement, at the end of the day,
contemplates accomplishment inside its assorted settings in light of the fact that they have a
certain and unequivocal effect on individual conduct. In such manner, further research is
required, contemplating the karmas among conditions and personal conduct and undertaking
achievement.
VI. Recommendations
All government officials should proceed with their endeavors in supporting more women in
doing business and furthermore to encourage their prosperity. An arrangement that is well
disposed to new firms must be sanctioned. In accordance with the social learning hypothesis, all
guardians must be urged to persuade their youngsters, especially little girls to wander into
enterprise or potentially make the subject of enterprise compulsory. The women business people
ought to understand that by accessing the specialized systems and business preparing that women
need to succeed is of extraordinary significance. Hence, the women business people ought to use
this chance minus all potential limitations degree by getting to be individuals from these
Faculty of Business Assignment 11
affiliations. Furthermore, the Asian woman’s business people need an intense comprehension of
the pioneering introduction with the goal for them to prevail in their endeavors. These
introductions, including certainty, valor, solid self-discipline, hazard taking, inventiveness and
imaginativeness, etc. can be installed inside the women business visionaries through short
courses, preparing programs, tutoring or even long haul courses prompting the honor of a
recognition or degree.
Faculty of Business Assignment 12
VII. Reference
Battista, M. (2008). Influences of Gender and Styles of Management: The Case of 'Woman
Cheng, Y. (2017). Nonprofit Spending and Public Provision of Public Services. Academy of
Herbane, B. (2010). Small business research: Time for a crisis-based view. International Small
Khurum, M., Petersen, K. and Gorschek, T. (2014). Extending value stream mapping through
waste definition beyond customer perspective. Journal of Software: Evolution and Process,
26(12), pp.1074-1105.
King, P. and King, J. (2015). Value Stream Mapping for the process industries. Boca Raton:
Lam, W. (2006). Book Review: International Handbook of Women and Small Business
Lovett, S. (2015). Evaluating a New Field of Research About the Influence of Business Ethics
Meudt, T., Metternich, J. and Abele, E. (2017). Value stream mapping 4.0: Holistic examination
of value stream and information logistics in production. CIRP Annals, 66(1), pp.413-416.
Faculty of Business Assignment 13
Mirzaev, D., Okishev, K. and Mirzaeva, K. (2013). Analytical Solution of the Problem of
Ninemeier, J. and Hayes, D. (2006). Restaurant operations management. Upper Saddle River,
2017(1), p.13952.