Ang Yong Tai.docx - Ang Yong Tai FIA2004003 BS3 1a ...

Ang Yong Tai
FIA2004003
BS3
1a) Micropreneur in partnership. Because Siti and her friend zailuddin collaborate to open a
business in her home. Besides, there are more financial resources and shared risks, no special
taxes as well. Siti is the limited partnership who enjoy limited liability and did not engage in
business while her partner should be the general partnership who got unlimited liability.
b) She would face a loss. She can rectify her products to make it better and more attractive in
the market by all means.
c) Window of opportunity is the situation before competitors with similar solutions beat your
market and idea. It is the golden timing for us to create business. The businessman can earn
most in that time. Firstly, Siti’s business is special at home as micropreneur and she sells art
and craft which is special and able to fulfil the markets needs. She knows that now cmco
timing the people is very boring at home and those art and craft items can entertain them. She
also reckon that no one had been doing this business in her area of business nowadays so it is
the best timing of opportunity of starting the business.