Generally, ethics is how we must act or behave because our conduct is affected by our morals.
Usually a business plan is develop when an entrepreneurial project is initiated and in order to find its feasibility a comprehensive plan is developed Sutton, This plan is then presented to venture capitalists and bankers so that they can finance the plan.
We developed a business plan on automobile industry and the product that was selected by us was a safety distance device. The name of the organization that is introducing this device is CarSafe.
Developing this entire business plan was a wonderful experience and the core concepts of management and entrepreneurship were applied when the plan was developed.
In the initial stages the group members were very confused about the plan and which product we should select. After that all of us showed a cohesive attitude and collaborated with each other and ultimately the final plan was developed.
I contributed in certain parts and the initial part of the plan was quite easy in which I selected different sources and gave an overview about the automobile industry.
Then we have to come with the core idea that what will be the actual product.
All the members of the group brainstormed together and I discussed the idea that we would develop a safety device for speedy automobiles with infra-red technology. This novel idea was appreciated by all the members but its implementation part was quite difficult and all of the group members were very worried about that how we can analyze this device properly.
But through proper collaboration we have tried to develop a proper business plan that is simple and every major aspect is covered in this plan.
The analysis related to entry and growth strategy was done by me and I presented a forward looking approach as far as the promotional activity of the plan was concerned.
Kindly order term papers, essays, research papers, dissertations, thesisbook reports from the order page.The following reflective journal has been produced by me as a work that redirects my business plan that has been prepared by my group of five members.
The main reason for writing the journal is to reflect my work and my role as a team member while undertaking the research for business plan. Introduction and Methodology This Personal Development Plan (PDP) is written with reference to my recent experience of working alongside an experienced chef and with a view to achieving my long-term goal of opening my own cake production business, in the future.
This reflective journal is an individual report that has described my work based on the business plan that I have participated in. I was chosen to work in a team of five members to build a business plan regarding launching a business in Cardiff.
May 07, · Reflective Essay Posted on May 7, by alshamaa85 The aim of this module is to help students gain insights and understanding of the aspects of setting up and running a business.
Career Plan Reflection Paper Essay Sample. Throughout this course I have taken a series of Career Plan Building Activity, which consisted of the following: Competencies and Career Interests Profiler, Work Culture Preferences and Reasoning Aptitude.
Sample Reflective Paper. The goal of the project was to develop a business plan and a business plan is basically a formal statement which is formulated to achieve the desired goals of business.
Usually a business plan is develop when an entrepreneurial project is initiated and in order to find its feasibility a comprehensive plan is developed (Sutton, ).