Business plan Essay Example | Topics and Well Written Essays - 4250 words

Business plan - Essay Example The product section spells out the intended product of trade in this case not just water but clean, treated and safe water for domestic use and any other use deemed necessary and which could be adequately handled. As far as competition is concerned, any business entity has competitors who provide the same product or substitutes. It is this element that aggravates the risk, a component that forms one of the key features of any entrepreneur. Competition itself doesn’t exist in isolation. A market has to exist. The target market is the population that the firm hopes against all hopes to conquer in its bid to get whatever stakes that in play, profit maximization, increasing shareholders equity, social responsibility etc (Abrams, pg 41). The market strategy is all those ways, maneuvers and tactics employed by the management in establishing a brand in the particular market of concern. Penetrating any given market is vital. It is the key to the potential growth of the customer base, the product and/or service and the resultant profits either in the short but in most cases, the long run. Sales refer to the actual amount of the product or service usually in units (with varied units of measurement) that have been acquired by the clientele at a specified amount to which the customers would have the urge to purchase while the seller enjoys the profit (with the possibility of suffering losses). In every circumstance the sales of any commodity, in this case water, is determined by the price, ceteris Paribas. The selling price in itself is a derivative of the manufacturing costs including cost of labor, raw material, processing, warehousing and transportation. A fair price is therefore reached at after taking all these factors into consideration. In this case the storage facility would include the tanks which would be constructed underground as well as some raised above the ground for ease of pumping. After all this is done, the penetration of the market is always a co rrespondent of the intensity of advertisement and promotion, the more intense, the more customers are reached and this would only be reflected in the sales. The production process involves a proper mix of all the factors of production: labor, land, capital and entrepreneurship; the better the ratio the more, successful the business entity. Therefore the management and staff must also consist of highly qualified personnel (Abrams, pg 43). The financial data would show the projections, that is the available funds for operation at any given period of time and the forecasted estimates for use in the future time, in both the short run and long run. This is a very vital part of the business of any firm as it dictates every decision and action(s) implemented. The appendix will show the diagrams and table in the business plan. Aim The main object To acquire a start-up capital to drill, buy the necessary machines and provision thereof of clean, treated and safe water for domestic use. Other aims: To sensitize the public in the need of using clean, treated and safe water at all times. To educate the public on proper use of the natural resources. To sensitize the public on the need to preserve natural habitats. Interview Questions and Responses Q1What is

Article analysis about organization effectiveness Essay

Article analysis about organization effectiveness - Essay Example In practice, it has been made clear that the promotion of collaboration across the organization could not be achieved unless a series of social tools is established (Brill 1). Through a series of strategies that is described in the article of Brill IBM has been transformed to a social business, a fact that has highly enhanced its effectiveness. It should be noted though that the development of the above process has been rather slow, having started in 2005 and being still in progress. The process of IBM’s transformation into a social business needs to be analyzed in order to understand the potential value of social tools in increasing organizational effectiveness, a concern for many firms in the international market. One of the first issues that IBM had to address in order to become a social business has been the potential response of employees to the relevant plan. As Gentile noted, there are people who ‘voice and act on their values’ (Gentile 2). In the context o f organizations this means that ethical behavior can be critical for the success. In IBM, the increase of collaboration has been, necessarily, depended on the ability of the organization to change its culture, emphasizing on knowledge sharing and the use of advanced technology. According to the case study, these efforts have been welcomed by employees in IBM, a fact that significantly contributed in the success of the relevant plan (Brill 1). During the development of the plan, the following problem has appeared: would employees in IBM be able and willing to respond to all the plan’s demands? It is explained that the transformation of IBM into a social business would requite major changes, such as the improvement of employees’ responsiveness to customers’ requests, the adoption of new technology and the decrease of time required for the delivery of products (Brill 1). The firm’s managers have adopted the following plan for achieving these targets: a) â₠¬Ëœinternal social tools’ (Brill 1) have been implemented so that employees working in the sales department have access to critical information regarding the products’ availability and characteristics (Brill 1); in this way, the ability of these employees to respond to customers’ requests has been increased; b) tasks are assigned to employees according to their organizational profile which has been enriched with additional information, than usually, such as ‘spoken languages, interests and work experience’ (Brill 1); through this policy, teams of appropriately skilled employees have been organized across the firm allowing the increase of organizational effectiveness (Brill 1); c) a Shared Activities depository has been added in the firm’s internal network (Brill 1); through this depository employees can be informed on the projects currently in progress and can ask for their involvement, in case they feel they can respond to its demands (Brill 1). Social tools are used for helping employees communicating internally and exchange critical information on various tasks (Brill 1). It is noted that the promotion of Social in the firm’s internal has not been limited ‘to the establishment of Facebook and Twitter accounts for employees’ (Brill 2). Rather emphasis has been given on the gradual change of the firm’s culture, ensuring that IBM will meet all requirements of a