d. Reflect on the impact of infrastructure on entrepreneurial ventures like Savannah Organics. What improvements could help reduce barriers? (3 marks) e. How important was Thato's ability to innovate and adapt in overcoming environmental challenges? Provide examples from the case to support your answer. (3 marks) Case Study: Savannah Organics In the fast-developing economy of Botswana, a young entrepreneur, Thato Dlamini, decided to venture into organic agriculture. Inspired by the growing global demand for organic produce, Thato founded Savannah Organics in 2019, aiming to supply pesticide-free fruits and vegetables to urban markets. The company started with a modest 5-hectare plot on the outskirts of Gaborone. Despite its potential, Savannah Organics faced significant challenges linked to the entrepreneurial environment. Access to funding was one of the primary obstacles. Thato struggled to secure a bank loan, as the financial institutions required collateral far beyond her means. Her attempt to raise funds through grants was equally difficult, with bureaucracy and lack of clear guidance delaying her applications. Another challenge was the lack of supportive infrastructure. Irrigation systems and farm equipment were either unavailable locally or prohibitively expensive, forcing Thato to import machinery at a higher cost. Additionally, rural roads leading to her farm were poorly maintained, delaying deliveries and increasing transportation expenses. Regulatory policies also posed a challenge. Obtaining organic certification in Botswana required significant time and financial investment, as the country lacked streamlined processes for organic
d. Reflect on the impact of infrastructure on entrepreneurial ventures like Savannah Organics. What improvements could help reduce barriers? (3 marks) e. How important was Thato's ability to innovate and adapt in overcoming environmental challenges? Provide examples from the case to support your answer. (3 marks) Case Study: Savannah Organics In the fast-developing economy of Botswana, a young entrepreneur, Thato Dlamini, decided to venture into organic agriculture. Inspired by the growing global demand for organic produce, Thato founded Savannah Organics in 2019, aiming to supply pesticide-free fruits and vegetables to urban markets. The company started with a modest 5-hectare plot on the outskirts of Gaborone. Despite its potential, Savannah Organics faced significant challenges linked to the entrepreneurial environment. Access to funding was one of the primary obstacles. Thato struggled to secure a bank loan, as the financial institutions required collateral far beyond her means. Her attempt to raise funds through grants was equally difficult, with bureaucracy and lack of clear guidance delaying her applications. Another challenge was the lack of supportive infrastructure. Irrigation systems and farm equipment were either unavailable locally or prohibitively expensive, forcing Thato to import machinery at a higher cost. Additionally, rural roads leading to her farm were poorly maintained, delaying deliveries and increasing transportation expenses. Regulatory policies also posed a challenge. Obtaining organic certification in Botswana required significant time and financial investment, as the country lacked streamlined processes for organic
Management, Loose-Leaf Version
13th Edition
ISBN:9781305969308
Author:Richard L. Daft
Publisher:Richard L. Daft
Chapter6: Managing Start-Ups And New Ventures
Section: Chapter Questions
Problem 9DQ
Related questions
Question

Transcribed Image Text:d. Reflect on the impact of infrastructure on entrepreneurial ventures like Savannah Organics.
What improvements could help reduce barriers?
(3 marks)
e. How important was Thato's ability to innovate and adapt in overcoming environmental
challenges? Provide examples from the case to support your answer.
(3 marks)

Transcribed Image Text:Case Study: Savannah Organics
In the fast-developing economy of Botswana, a young entrepreneur, Thato Dlamini, decided to
venture into organic agriculture. Inspired by the growing global demand for organic produce,
Thato founded Savannah Organics in 2019, aiming to supply pesticide-free fruits and vegetables
to urban markets. The company started with a modest 5-hectare plot on the outskirts of Gaborone.
Despite its potential, Savannah Organics faced significant challenges linked to the entrepreneurial
environment.
Access to funding was one of the primary obstacles. Thato struggled to secure a bank loan, as the
financial institutions required collateral far beyond her means. Her attempt to raise funds through
grants was equally difficult, with bureaucracy and lack of clear guidance delaying her applications.
Another challenge was the lack of supportive infrastructure. Irrigation systems and farm equipment
were either unavailable locally or prohibitively expensive, forcing Thato to import machinery at a
higher cost. Additionally, rural roads leading to her farm were poorly maintained, delaying
deliveries and increasing transportation expenses.
Regulatory policies also posed a challenge. Obtaining organic certification in Botswana required
significant time and financial investment, as the country lacked streamlined processes for organic
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