Running head: GAME PLAN 1
Assignment 1: New Venture-Game Plan
Eric T Smith
Professor Brenda Geer-Frazier
New Business Ventures and Entrepreneurship: JWI 575
October 24, 2021
Company Description
The big idea to implement in the business plan for Fast and Professional Motorcycle Riders start-up company is the contactless delivery services. As a start-up company, Fast and Professional Motorcycle Riders has seen the need for tapping the opportunity of promoting safe and quick deliveries to clients who hire riders from the company (JWI 575 RTC, n.d.). Other companies without delivery services will also benefit from the professionalism and high-end deliveries offered by the business. The launch will happen in the sixth months’ time. The company’s mission will be to provide professional services to companies and clients through contactless deliveries to enhance safety.
Organizational Chart
Fig.1: Organizational chart
Due to the need for achieving the set mission, the start-up company will need to begin with nine employees. Considering the business will start with nine employees, the projected growth rate for this start-up company is 20% in four months after launching. This reasonable growth rate will help the company increase the employees based on the increased needed identified in different sectors. The strategic location for this company will be in Las Vegas, Nevada where it will be offering delivery services to clients in this location.
The New Service Idea
As mentioned, the start-up company will be offering contactless deliveries due to business practice changes during the coronavirus pandemic. This is an interesting idea, considering that many businesses have no options but to adapt to new trends, including offering deliveries due to the increased e-commerce businesses. The company will not be offering simple delivery services but will ensure that the deliveries are contactless to enhance safety (McKinsey & Company, 2020). Notably, the covid-19 pandemic has triggered businesses to identify strategic ways of staying in business while improving the established health measures. This innovative service delivery idea will meet clients’ needs by enhancing their trust regarding the health protocols, increasing loyalty, and attracting other customers (McKinsey & Company, 2020). The value proposition in this company is offering professional services, where the riders have the appropriate training on how to conduct their contactless deliveries. In this case, essential resources and activities include mobile phones, tracking cameras, riders, and etiquette training on approaching clients without making contact. During the covid-19 period, clients are cautious about their health. They expect businesses to implement the health protocols with at most professionalism. The professionalism aspect is an area where most companies are failing. As a result, this creates a service delivery gap that makes clients question the company’s commitment to promoting socially responsible business practices.
SWOT Analysis
Fig.2: SWOT Analysis
As indicated in the SWOT analysis matrix, the company’s strength in providing contactless services with professionally trained riders and reinforcing safety protocols during the pandemic is strategic. Notably, the lack of professional riders is a concern in delivery services, which results in the damage of ordered products and poor handling of customers. However, the company has the advantage of portraying the innovative side of contactless deliveries. The distinctive aspect of the service is a notable strength. Furthermore, the business’s launch is to happen in 6 months, which is crucial and appropriate to meet the service gap in the market. However, this timeline may be limited, affecting processes such as resource acquisition and recruiting riders among other professionals needed in the company. The distinctive aspect of the contactless element in the service delivery idea is a notable strength. Although the company has limited time, human capital, and time to execute the plan, there is an opportunity of leveraging technology to increase efficiency during the delivery processes of the contactless services. For instance, tracking tools such as cameras would enable the company to analyze areas the riders should improve during their operations. The feedback gathered would enhance the service delivery of the products to clients. Still, using digital tools such as social media would increase the company’s marketability, increasing profit margins, and growth (McKinsey & Company, 2020). However, the company may experience disruptions from competitors adopting a similar concept. The competition threat may prevent the company from achieving large economies of scale in the industry.
Conclusion
In conclusion, the start-up company should implement contactless delivery since clients are cautious about their health and the protocols executed by businesses during the covid-19 pandemic. The start-up company, Fast and Professional Motorcycle Riders, will play a significant role in meeting consumers’ needs by offering contactless delivery services through riders who have undergone the required training.
References
JWI 575 RTC (n.d.). Week 2 Lecture Notes (1188). New Business Ventures and Entrepreneurship. Strayer University.
McKinsey & Company, (2020). Contactless service and operations: Quick service restaurants. https://www.mckinsey.com/~/media/McKinsey/AboutUs/COVIDResponse Center/PDFs/Contactless-service-and-operations-Quick-service-restaurants.pdf
Hi Eric,
Thank you for your assignment 1. I enjoyed reading the first part of your business plan. You have a viable product and you addressed several of the key requirements. Please review my comments so that you can improve this for the final plan. If you would like to discuss any part of my feedback, please let me know. I look forward to the next installation of your business plan.
Brenda[supanova_question]
2 peer review responses to two separate paragraphs, including opinion like agree or disagree on their post
1. The niche of an organism is the functional role that it plays within an ecosystem. The niche (better refined as the ‘ecological niche’) is determined by the biotic factors, which comprise of living features such as animals, plants and fungi, and abiotic factors. The niche of an organism within an ecosystem depends on how the organism responds and reacts to the distribution and abundance of these factors, and in turn how it alters the factors. For example, when resources are abundant, a population grows, although by growing, the population provides more resources for predators. Microbes are vital to every ecosystem on Earth and are particularly important in zones where light cannot approach (that is, where photosynthesis cannot be the basic means to collect energy).
2. Please provide evidence supporting or refuting the following statement: Humans consume microbes every day with little health risk. I agree with the statement that humans consume microbes every day that do not negatively affect their health. For example, microbes can serve as food. Food is chemically changed with the addition of microbes to improve flavor and texture. Foods like beer, yogurt, and bread all involve microbes and fermentation to produce their end result. Industrial microbiology is a field that allows materials and processes to improve with the addition of microbes. For example, microbes like Penicillium chrysogenum and cephalosporium allow antibacterial drugs to be produced. It is essential to know that many microbes aid in digestion and help the body fight off infections. It is a common misconception that all microbes are dangerous or unhealthy. Humans consume and positively interact with microbes daily.
done
Seen
1 min ago[supanova_question]
College of Administrative and Financial Sciences Assignment 3 Decision Making & Problem
College of Administrative and Financial Sciences
Assignment 3
Decision Making & Problem Solving (MGT312)
Deadline for students: End of Week 13 (4/12/[email protected] 23:59)
(To be posted/released to students on BB anytime in Week 4)
Course Name:
Student’s Name:
Course Code: MGT312
Student’s ID Number:
Semester: 1st
CRN:
Academic Year: 1442/1443 H, First Semester
For Instructor’s Use only
Instructor’s Name: Dr. Asif Hasan
Students’ Grade:
Level of Marks:
Instructions – PLEASE READ THEM CAREFULLY
This assignment is an individual assignment.
Due date for Assignment 1 is by the end of Week 7 (23/10/2021).
The Assignment must be submitted only in WORD format via allocated folder.
Assignments submitted through email will not be accepted.
Students are advised to make their work clear and well presented. This also includes filling your information on the cover page.
Students must mention question number clearly in their answer.
Late submitted assignments will NOT be entertained.
Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
Submissions without this cover page will NOT be accepted.
Course Learning Outcomes-Covered
Define different perspectives and concepts of problem solving in diverse contexts and business situations. (C.L.O :2)
Demonstrate decision tools and employ appropriate analytical business models to break down complex issues. (C.L.O :4)
Demonstrate effective leadership skills and teamwork capacity for efficient decision making with the problem owners and other stakeholders as either a team member or a team leader. (C.L.O :5)
Assignment Instructions:
Log in to Saudi Digital Library (SDL) via University’s website
On first page of SDL, choose “English Databases”
From the list find and click on EBSCO database.
In the search bar of EBSCO find the following article:
Title: “How to Make Better Decisions with Less Data”
Author: Tanya Menon and Leigh Thompson
Date of Publication: November 07, 2016
Published: Harvard Business Review
Assignment Questions: (Marks 05)
Read the attached article titled as “How to Make Better Decisions with Less Data” by Tanya Menon and Leigh Thompson, published in Harvard Business Review, and answer the following Questions:
Summarize the article and explain the main issues discussed in the article. (In 500-600 words) (Marks 2)
Discuss in relations to what you have learnt in the course about the four steps of intentional thought to help convert data into knowledge and wisdom? Use additional reference to support your argument. (In 200-400 words) (Marks 1.5)
Critical Thinking Question
If you collect too much information for analyzing a decision, you can suffer from analysis paralysis, where you spend too much time thinking about a decision rather than making one. Recall a major financial decision you made recently, such as of a car or housing purchase or rental. Describe your process for making the decision. How could analysis paralysis have affected this process? (In 200-400 words) (Marks 1.5)[supanova_question]
Name and Student ID MMM111 Assignment 2 Personal Gaols & Values Goals
Writing Assignment Help Name and Student ID
MMM111 Assignment 2 Personal Gaols & Values
Goals
200-words: 1x short term goal AND 1x longer term goal (NON-ACADEMIC or get zero marks)
Tip: Link to framework from Topic 2, e.g. SMART goals
Analysis of goals
800-words:
What do your goals say about your:
background
personality
beliefs values
List 2x actions AND 2x barriers that will influence your goal.
Include a minimum of 2x examples
Include 2x references (intext citations)
Tip: Include theory from ebook, Module activities and PowerPoint slides
References
2x references Harvard format
2 https://onlyassignmenthelp.com/index.php/2021/11/27/please-read-the-case-delta-united-and-answer-the-questions/ [supanova_question]
BUSI 342 Discussion Assignment Instructions The student will complete 4 Discussions in
BUSI 342
Discussion Assignment Instructions
The student will complete 4 Discussions in this course. The student will post one thread of 300-500 words by 11:59 p.m. (ET) on Monday of the assigned Module: Week. The student must then post 2 replies of 250-350 words by 11:59 p.m. (ET) on Monday of the assigned Module/Week. For each thread, students must support their assertions with at least 2 scholarly citations plus the text in current APA format. Each reply must incorporate at least 1 scholarly citation plus the text and Scripture reference in current APA format. Any sources cited must have been published within the last five years. Acceptable sources include the textbook, the Bible, and scholarly sources.
This course utilizes the Post-First feature in all Discussions. This means you will only be able to read and interact with your classmates’ threads after you have submitted your thread in response to the provided prompt. For additional information on Post-First, click here for a tutorial.[supanova_question]
Personal Responsibility Rubric Formatted by the DCCCD in alignment with the AAC&U
Personal Responsibility Rubric
Formatted by the DCCCD in alignment with the AAC&U VALUE rubrics.
Definition
The Texas Higher Education Coordinating Board describes Personal Responsibility to include “the ability to connect choices, actions and consequences to ethical decision-making.”
Framing Language
This rubric is designed to assess the Core Objective (Personal Responsibility) as described by the THECB in the Texas Core Curriculum. In past attempts to assess Personal Responsibility, different faculty have focused on factors ranging from understanding and avoiding plagiarism to being on time for class. When the THECB defined the new core objectives, the DCCCD decided to use the five VALUE rubrics created by the AAC&U for the assessment of Personal and Social Responsibility. These rubrics were determined to be ineffective for assessing Personal and Social Responsibility as they are defined by the THECB. A team of representatives from each of the Colleges of the DCCCD met several times over the summer of 2016 to develop two new rubrics for assessing these two objectives in the next cycle of assessment.
The focus of our discussions were centered on the definition of Personal Responsibility as described by the THECB. We also researched other colleges around the country with varying results. Ultimately, we wanted to create a rubric that would assess a student’s ability to work through an ethical decision making process. The ideal assignment will be a written essay that is long enough to address all three criteria. This rubric was created to fit well in a signature assignment that assesses more than one core objective simultaneously.
Glossary – the definitions that follow were developed to clarify terms and concepts used in this rubric only.
Understanding Ethical Choices – The student is able to thoroughly discuss at least two sides of an ethical choice to be made.
Decision-Making – The student is able to state a position on the issue with more detailed explanation and/or reasons for the position and addresses objections to their position.
Consequences – The student is able to identify consequences and demonstrates a sophisticated understanding of the scope, complexity and/or magnitude of the consequences.
Personal Responsibility (PR) – ability to connect choices, actions and consequences to ethical decision-making
Capstone
Milestones
Benchmark
Below Benchmark
4
3
2
1
0
Understanding Ethical Choices
Student thoroughly discusses at least two sides of an ethical choice to be made.
Student thoroughly discusses one side and partially describes another side of an ethical choice to be made.
Student partially explains two sides of an ethical choice to be made.
Student attempts to explain only one side of an ethical choice to be made.
Student is unable to articulate an ethical choice to be made.
Decision-Making
Student states a position on the issue with more detailed explanation and/or reasons for the position and addresses objections to their position.
Student states a position on the issue with more detailed explanation and/or reasons for the position.
Student states a position on the issue, but only provides limited explanation and/or reasons for the position.
Student states a position on the issue without providing any reasons for the position.
Student does not take a clear ethical position on the issue.
Consequences
Student identifies consequences and demonstrates a sophisticated understanding of the scope, complexity and/or magnitude of the consequences.
Student identifies consequences and demonstrates a moderate understanding of the scope, complexity and/or magnitude of the consequences.
Student identifies consequences of the choices, but demonstrates a limited understanding of the scope, complexity and/or magnitude of the consequences.
Student identifies the obvious consequences of each choice.
Student does not identify any consequences of the choices available[supanova_question]