Basic task: The task is to: a) think of, plan and establish a new business organization (of your choice and of your
Posted: Wed Jul 06, 2022 6:15 am
Basic task:The task is to:a) think of, plan and establish a new business organization (of your choice and of your dreams), on paper, i.e., in a presentation form.Requirements:a) First, choose a ‘sector’e.g., private sector unregistered, private sector registered or public sector or semi autonomous, etc. b) Then, choose an ‘industry’ within that ‘sector’e.g., pharmaceutical, pharmacies, financial services, textile, technology, hospitality, medical services, real estate, construction, printing, publishing, food, eateries, restaurants, import export, automobiles, social welfare, hyper-super stores, poultry, livestock, baking, beverages, education, cosmetics, boutiques, electronic equipment, electrical goods, agriculture, pesticides, etc., or whatever, your dreams tell you to achieve.
c) Then, prepare the following:i. Name of the organization (you choose);ii. An introduction of the organization;iii. Briefly explain the line of business, your organization will be operating in;iv. Vision;v. Mission Statement;vi. Organizational Structure (with required management functions, keeping your organization’s line of business in mind);vii. Initial approximate capital investment needed (break-up, not required);
External opportunities and threats, your organization will be expected to face, keeping your organization’s line of business in mind;ix. Internal strengths, you would like to develop;x. Internal weaknesses, you expect that will arise, keeping your organization’s line of business in mind, and you will improve upon them;xi. Tentative projected duration, after which the organization will start earning and will be able to sustain, its own existence and will be able to cover all its expenses. Details and financials are not required, but your given tentative projected duration, must be logical and should make sense;xii. Would you like to take up the position of the CEO of this organization, or would like to stay as the Chairman of the Board, in the capacity of the ownerand major shareholder? Give reasons for choosing the CEO position or the Chairman of the Board position, whichever is your choice.
c) Then, prepare the following:i. Name of the organization (you choose);ii. An introduction of the organization;iii. Briefly explain the line of business, your organization will be operating in;iv. Vision;v. Mission Statement;vi. Organizational Structure (with required management functions, keeping your organization’s line of business in mind);vii. Initial approximate capital investment needed (break-up, not required);
External opportunities and threats, your organization will be expected to face, keeping your organization’s line of business in mind;ix. Internal strengths, you would like to develop;x. Internal weaknesses, you expect that will arise, keeping your organization’s line of business in mind, and you will improve upon them;xi. Tentative projected duration, after which the organization will start earning and will be able to sustain, its own existence and will be able to cover all its expenses. Details and financials are not required, but your given tentative projected duration, must be logical and should make sense;xii. Would you like to take up the position of the CEO of this organization, or would like to stay as the Chairman of the Board, in the capacity of the ownerand major shareholder? Give reasons for choosing the CEO position or the Chairman of the Board position, whichever is your choice.