Individual sections development exercise #3

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  • 1. Individual Sections Development Exercise # 3 1. INFORMATION RESEARCHER - Person # 1 A. How would you prefer to read and search for information from the above article? Write in your own words; 75 words minimum. Firstly, I'll read overview in order to understand about what is written in the article. Secondly, I'll read roughly the whole sentence in the article. And, I'll read the sentence in detail. Finally, I'll read the sentence that I think important again. B. Write 5 major points in the article that are important. Write in your own words; 100 words minimum. First important point is "reason about writing a business plan?". Planning is very important to survive in business. They are "The Executive Summary" and "The Product or Service", "About marketing", "The competition". "The Executive Summary" is important for the reader to understand the business plan. Also, "The Product or Service" is import for the him to understand the our product offering or the services. Next, "About marketing" is very important section. It is very important to understand about where our business is needed and how to advertise our product. "The competition" is important because we can establish our product's or service' s competitive advantage by understanding our competition's strengths and weaknesses. C. Explain 5 reasons why one should read the above article when preparing to design an important business plan on any topic? Write in your own words; 75 words minimum. Designing business plan is very important to survive in business. Moreover we can success in business by designing business plan. Also, the business plan can make clear description of the business that we'll start up. And, business plan is useful for business expansion and prevention of loss by failure of our business. D. Write a paragraph explaining a business situation where a business plan is necessary. Write in your own words; 100 words minimum.
  • 2. Business plan is necessary for us to start up some business because it leads our business to success. If we had no business plan, we would fail business. It makes clear the description of our business by designing business plan. Also, business plan is very useful for us to know our competition's strength and weakness and to expand our business. So, we should design business plan when we start up new business. 2. CONTENT ORGANIZER - Person # 2 A.Explain the overall idea for designing a business plan as is mentioned in the article above. (50 words minimum) *The plan that reader seriously catches and understand. The product and service are understood from using the term to avoid confusing. You include marketing research data and analyze customers. Then, you need to explain your strategy reaching the market and distributing your product or service. Understanding your competition's strengths and weaknesses. Describe the vendors you will need to build the business. The experience and the quality in management are clarified. B. Talk about a business plan that you want to prepare. Explain at least 10 major points you will include in this business plan of your choice. What will be the purpose of the plan?. Write in your own words. *Management that I compose. *My product is developing because it becomes a better commodity. *I project I can capture 50 percentage of the market. *The competitors are all over the Japan. *Recently,it has become very popular all over the world. *I plot strategies that CM is used to expand it. *First Salaries is 200,000. *Bonuses raises as soon as you work. *I am responsible for the final decisions. *I employees 1,000 people in the next five years. *I need the person who can serve it and the person who can develop the application.
  • 3. *There is an overtime work. C. Write five sentences explaining how a company should approach the design of a business plan. *Letters of support from prospective customers. *I am given my acquaintance advice. *The provided purpose is not forgotten. *The number of employees of coming about me is increased. and I get power. *It accumulates a fund. D. Write down five key words and its meaning that you read in the above article.Write in your own words. *Write a Business Plan. Because the business is to survive. You can find problems. *I Should Write the Business Plan. I am the one that knows the most about the business. *Business Plan Components I must write many plans. *Financial Data It is important to have a certified public accountant establish your accounting system before the start of business. *Supporting Documentation Be aware that this list is not complete and may vary depending on the stage of development of your business. 3. PLAN DEVELOPER - Person # 3 (Use IHMC software Download Instructions)
  • 4. A. Develop a short concept map using the Concept Mapping software based on the article you see above. Pick up the major sentences and make a concept map. Submit your Concept Map in Slideshare. Submit the URL in Moodle. *http://www.slideshare.net/s1170136/map1-4373399 B. Develop a short concept map explaining how the following article is organized. Submit your Concept Map in Slideshare. http://www.morebusiness.com/templates_worksheets/bplans/printpre.brc *http://www.slideshare.net/s1170136/map2 C. Write down the definition of 5 major key words that are used in the concept map you developed. * Summary:The one that outline of this business plan was easily written. * Target Markets:Details in market where this business is developed * Marketing Plan Strategy:It is a strategy of smoothness to advance it as for marketing. * Expense Budget Summary:Plan that expenditure and budget are concerned Data:Data sample etc. to advance this business well. D. Write down three major questions that might explain the major argument or information in the the article you see above. *Where do you raise it when expenditure etc. are insufficient? *Is the corrective strategy when this business is not accepted well by customer? *The winning strategy to win by competition with the other companies?