COLLEGE OF ADMINISTRATIVE AND FINANCIAL SCIENCES Week No: 12, Period: Finals Trimester: Second Trimester FINAL PROJECT MARKS COURSE CODE SECTION STUDENT NAME TOPIC BSBI 516 COURSE TITLE TIME Introduction to Entrepreneurship DAYS ROOM ID NO. DATE Business Planning – Marketing, Financing, Accounting, HR, Production Management Instructions: ASSIGNMENT a. Answer all questions. DIRECTION & b. All answers should be Computerized (Font 11, Single Space/Arial) REQUIREMENT/S c. Use A4 paper for your answers and workings. (Identify the ILOs to d. Submit output on the date as advised. be assessed at the end of each requirement. Include the rubric or marking scheme for each item/requirement.) Name of the Business : Proponent/s Location Capital I. : : : __________________________ __________________________ __________________________ MANAGEMENT ASPECT a. Type of Business Organization (Identify the type and discuss why are you choosing this type) b. Organizational Structure (Illustrate using a chart) c. Job Title, Job Specifications and Job Descriptions Accountant Qualifications: - Must be Bahraini - Must be 20 – 35 years old - Fluent in English and Arabic - Must be a licensed CPA - Graduate of Accountancy or Commerce Duties and Functions: - Will be responsible in Auditing - Will be preparing the accounts of the department - Will be in charge of the collections and payments of loans II. Prepared By: MARKETING ASPECT a. Demand of the Product/Services (Elaborate the demand of the business in the market) b. Supply (elaborate the strength of supply/production) c. Potential Market (Identify the following potential users or consumers of your business) d. Market Strategies (Discuss about Pricing, Service, Advertising and Promotion, Packaging Issues and Concerns) e. Competitors (Identify competitors and discuss your edge over them, using a pie chart, illustrate your target market share) Checked and Verified By: Approved By: 1 DR. STEVE S. GUANSI Course Coordinator DR. VISHWAS CHACKRANARAYAN DR. VINODH NATARAJAN Program Head Associate Dean Date Date DR. MARLUNA L. URUBIO Dean Date COLLEGE OF ADMINISTRATIVE AND FINANCIAL SCIENCES Week No: 12, Period: Finals Trimester: Second Trimester FINAL PROJECT MARKS COURSE CODE SECTION STUDENT NAME BSBI 516 III. COURSE TITLE TIME Introduction to Entrepreneurship DAYS ROOM ID NO. DATE SYNTHESIS (Free writing – Defend or justify why your business is feasible for operation?) Assessment Criteria Competency 1 (ILO 6) A. Organization and Content: the students are expected to come up with an Entrepreneurial Project/proposal of their best choice. The proposal should include all the parts as stated in the guidelines. All parts should be clearly stated and must be comprehensive. B. Concept and Appropriateness: students should have solicited and clear concepts of their business project that includes itemization of products, benefits of products, contents of products and the appropriateness of products matching with demands or trends of the prevailing business. The originality and uniqueness of business should show in the manuscripts. Competency 2 (ILO 7) A. Initiatives and Teamwork: The students should exhibit synergy among themselves contributory to the outputs’ success. There should be enough counts of initiatives and collaboration between or among members from planning to completion of the entrepreneurial project or proposal. B. Responsibility and Independence: The students should exhibit a command or value of responsibility both in preparation and process of drafting, and writing of the proposal. Competency 3 (ILO 8) A. Presentation: Actual presentation/defense should demonstrate total business package or entrepreneurship including ethics. The students should be able to interpret their output and can defend each aspect of their Entrepreneurial Activities covering the major points of business (Management, Marketing, Financial and Accounting). B. Duration/Submission/Deadline: The students are expected of promptness and time responsiveness from planning to completion of the entrepreneurial project or proposal. ASSIGNMENT OUTPUT Prepared By: Checked and Verified By: Approved By: 2 DR. STEVE S. GUANSI Course Coordinator DR. VISHWAS CHACKRANARAYAN DR. VINODH NATARAJAN Program Head Associate Dean Date Date DR. MARLUNA L. URUBIO Dean Date COLLEGE OF ADMINISTRATIVE AND FINANCIAL SCIENCES Week No: 12, Period: Finals Trimester: Second Trimester FINAL PROJECT MARKS COURSE CODE SECTION STUDENT NAME BSBI 516 COURSE TITLE TIME Introduction to Entrepreneurship DAYS ROOM ID NO. DATE Name of the Business : Proponent/s Location Capital I. : Gulf CX : Bahrain : Manama MANAGEMENT ASPECT The mission of Gulf CX customer service is to provide customers with the highest quality call center services 24 hours a day. To provide our customers with the greatest opportunity to communicate with end customers. We provide B2B and B2C services, including incoming and outgoing calls. We have a well-trained team of customer support experts who can continue to provide outstanding service in a timely, cost-effective manner. No matter what the customer’s customer relationship goal is: quantify sales leads, receive orders, respond to advertising inquiries, market research or general information requests, Gulf CX has professionals with expertise to provide professional services for these needs. II. Organizational Structure # Prepared By: Checked and Verified By: Approved By: 3 DR. STEVE S. GUANSI Course Coordinator DR. VISHWAS CHACKRANARAYAN DR. VINODH NATARAJAN Program Head Associate Dean Date Date DR. MARLUNA L. URUBIO Dean Date COLLEGE OF ADMINISTRATIVE AND FINANCIAL SCIENCES Week No: 12, Period: Finals Trimester: Second Trimester FINAL PROJECT MARKS COURSE CODE SECTION STUDENT NAME BSBI 516 COURSE TITLE TIME Introduction to Entrepreneurship DAYS ROOM ID NO. DATE Job Title, Job Specifications and Job Descriptions 1. The Manager Qualifications: Age 32-38 years old, Male , Female business or marketing-related degree or equivalent professional qualification experience in all aspects of Customer Service and maintaining Solutions strategies technical skills proven experience in customer and market research experience with relevant software applications With experience as a Customer service representative for at least 8 years Duties and Functions: Monitors, reviews and reports on all marketing activity and results Determines and manage the Call center department Delivers Plan activity within Specific time Develops Department strategy 2. Supervisor Customer Service Department Qualifications: 28- 35 years old, Male/Female Must be at least a college level preferably business related courses With experience as a Customer service representative for at least 5 years Duties and Functions: Agents Schedules , Makes change, Provides information, Monitoring the Department Taking actions while the manager not infield Prepared By: Checked and Verified By: Approved By: 4 DR. STEVE S. GUANSI Course Coordinator DR. VISHWAS CHACKRANARAYAN DR. VINODH NATARAJAN Program Head Associate Dean Date Date DR. MARLUNA L. URUBIO Dean Date COLLEGE OF ADMINISTRATIVE AND FINANCIAL SCIENCES Week No: 12, Period: Finals Trimester: Second Trimester FINAL PROJECT MARKS COURSE CODE SECTION STUDENT NAME BSBI 516 COURSE TITLE TIME Introduction to Entrepreneurship DAYS ROOM ID NO. DATE 3. Team Leader Customer Service representative . Qualifications: 23-30 years old, Male Must be at least a college level With pleasing personality Good Communicator with customer Duties and Functions: Supports the customer needs at all times. Attentive to the requests and complains of customers as well as Helps in maintaining the Service level of the team 4. Senior Customer Service representative . Qualifications: Any nationality Must be 20 – 25 years old Fluent in English and Arabic Must Have at least Diploma Duties and Functions: Will be representatives of customer service Will be polite and considerate towards customer requests 5. Agent Customer Service representative . Qualifications: 18-28 years old, Male 1 year experience as a Agent representative A Have a good English and Arabic language Duties and Functions: He must be able to handle the chats on pressure time Prepared By: Checked and Verified By: Approved By: 5 DR. STEVE S. GUANSI Course Coordinator DR. VISHWAS CHACKRANARAYAN DR. VINODH NATARAJAN Program Head Associate Dean Date Date DR. MARLUNA L. URUBIO Dean Date COLLEGE OF ADMINISTRATIVE AND FINANCIAL SCIENCES Week No: 12, Period: Finals Trimester: Second Trimester FINAL PROJECT MARKS COURSE CODE SECTION STUDENT NAME BSBI 516 III. COURSE TITLE TIME Introduction to Entrepreneurship DAYS ROOM ID NO. DATE MARKETING ASPECT Demand of the Product/Services In Gulf CX, we provide a wide range of call center services, including incoming and outgoing calls. We provide bilingual services in English and Arabic. The most common needs we can meet are: Generate sales leads Set appointment market survey Investigation (including statistical analysis and political investigation) Level One Service Desk Database or mailing list information business development Point-of-sale product promotion Seminars and conference invitations. Gulf CX is not a telemarketing company, and we will not create marketing activities for customers. Experience shows that many companies want to create their own marketing campaigns because they already have marketers with extensive connections and experience in the industry. Supply The telemarketing industry is a growing industry, and most companies have annual growth rates between 6.5% and 8%. This is because companies are becoming more aware of the need for market information and the desire to reduce customer churn in a hard-hit economy. An important trend in this industry is that more and more customers want to outsource telemarketing functions to client companies instead of developing this infrastructure themselves. This provides an excellent opportunity for Gulf CX. However, long-term analysis of the industry's growth rate shows a cyclical pattern, and Gulf CX does not expect this high growth rate to continue.. Prepared By: Checked and Verified By: Approved By: 6 DR. STEVE S. GUANSI Course Coordinator DR. VISHWAS CHACKRANARAYAN DR. VINODH NATARAJAN Program Head Associate Dean Date Date DR. MARLUNA L. URUBIO Dean Date COLLEGE OF ADMINISTRATIVE AND FINANCIAL SCIENCES Week No: 12, Period: Finals Trimester: Second Trimester FINAL PROJECT MARKS COURSE CODE SECTION STUDENT NAME BSBI 516 COURSE TITLE TIME Introduction to Entrepreneurship DAYS ROOM ID NO. DATE Potential Market In fact, every company, big or small, needs some form of telemarketing. Usually, this is a survey to determine customer satisfaction or popularity. Sometimes, it can effectively communicate upcoming events, such as meetings. Other companies want to know whether telemarketing is a viable sales method. One of the new uses of the call center is in the first-level service desk service. About 7580% of all technical problems faced by end customers can be solved by nontechnical customer service representatives who are familiar with computers or technical systems and have scripted assemblies to solve the most common problems. Here, outsourced call centers can save customers a lot of money and can reduce the number of people required to call 24 hours a day. Our main target markets include: plans to enter into two market segments. First, we will work in the medical services industry since they have a high need to maintain contact with their patients at all times. We also will be working as a first level help desk for a number of small high-tech companies. After establishing a good working relationship with these initial customers, we will use our reputation and profitability to establish new contacts and contracts with other local companies. Our ultimate goal is to serve the entire West Coast region and become a company with a major market share. The following market analysis table and chart show the number of businesses in Washington State. This will be the initial geographic concern for the first four to five years after the establishment of our company. Later, as we expand to the West Coast region, our future business plans will include all potential customers in the region. Prepared By: Checked and Verified By: Approved By: 7 DR. STEVE S. GUANSI Course Coordinator DR. VISHWAS CHACKRANARAYAN DR. VINODH NATARAJAN Program Head Associate Dean Date Date DR. MARLUNA L. URUBIO Dean Date COLLEGE OF ADMINISTRATIVE AND FINANCIAL SCIENCES Week No: 12, Period: Finals Trimester: Second Trimester FINAL PROJECT MARKS COURSE CODE SECTION STUDENT NAME BSBI 516 COURSE TITLE TIME Introduction to Entrepreneurship DAYS ROOM ID NO. DATE Market Strategies Pricing Strategy Nowadays, the price is no longer the quantity, but the value of the product or service. Although customers have a budget and are worried about the price, they are more worried about the proof value they get (or not get). A Stanford University study showed that comparative pricing has shown to be counterproductive for marketers, while value-based pricing is a way of customercentric B2B marketing strategies. How can you best communicate the value of your product or service? Manipulate through powerful content. Prepared By: Checked and Verified By: Approved By: 8 DR. STEVE S. GUANSI Course Coordinator DR. VISHWAS CHACKRANARAYAN DR. VINODH NATARAJAN Program Head Associate Dean Date Date DR. MARLUNA L. URUBIO Dean Date COLLEGE OF ADMINISTRATIVE AND FINANCIAL SCIENCES Week No: 12, Period: Finals Trimester: Second Trimester FINAL PROJECT MARKS COURSE CODE SECTION STUDENT NAME BSBI 516 COURSE TITLE TIME Introduction to Entrepreneurship DAYS ROOM ID NO. DATE Interactive and concise communication can illustrate the value of your product or service, which is how you get a pricing advantage. Content marketing provides a way to share solutions with your audience and tell them the business value of the product... This can be done through informative blog posts, how-tos, webinars, white papers, videos and social media. And, don't forget the customer story. Use real data to highlight customer success stories-highlight, I mean shouting from the roof-share stories that really resonate with consumers. Today's consumers want value, and if you are still thinking about price, then you will not focus on the customer. Service With the dramatic development of Internet entrance, the simple, advantageous and reasonable data expressway has immediately become a need in individuals' lives. Lars bistro empowers nearby networks to get to the Internet, appreciate espresso and offer Internet experience in an agreeable climate. Individuals, everything being equal, and foundations will appreciate the remarkable, top of the line, instructive and imaginative climate given by Lars bistro ... Advertising One of the main services that ListeningU provides is marketing and lead generation. Call centers play an important role in advertising and brand awareness, attracting marketing agencies that plan to launch advertising campaigns for various products and services. Due to the investment in advanced cutting-edge technology, the call center has invested in the appropriate infrastructure to support large-scale advertising. Promotion : Good publicity (think crazy men) requires marketers to figure out how to display and talk about their products in a sexy way, thereby forcing consumers to contact their companies to inquire about their products or buy products. Prepared By: Checked and Verified By: Approved By: 9 DR. STEVE S. GUANSI Course Coordinator DR. VISHWAS CHACKRANARAYAN DR. VINODH NATARAJAN Program Head Associate Dean Date Date DR. MARLUNA L. URUBIO Dean Date COLLEGE OF ADMINISTRATIVE AND FINANCIAL SCIENCES Week No: 12, Period: Finals Trimester: Second Trimester FINAL PROJECT MARKS COURSE CODE SECTION STUDENT NAME BSBI 516 COURSE TITLE TIME Introduction to Entrepreneurship DAYS ROOM ID NO. DATE Promotion is not enough. Now that we are customer-centric, we need to focus on people, not our promotions. Focusing on people means focusing on what they want: information and education. An effective B2B marketing strategy can support consumers and provide them with valuable content that can be consumed and brought to colleagues. Rich operations will provide curious consumers with free, useful information, enabling them to take action and save time. Educational and informative content marketing can establish your company as an industry expert and a trusted source. This can foster a long-term relationship between your company and your audience. Prove that we work together to build trust and loyalty, far more than any billboard or banner can do. Competitors: The competition includes all potential call centers and telemarketing agents across the country. In addition, we have indirect competition from organizations that handle all telesales internally. In fact, this means that we are most threatened by the largest telemarketing companies (such as Crouch & Weasley, Berman telemarketing) and other large national call center companies with significant market shares. The call center industry is highly fragmented. There are a large number of small companies that cater mainly to small companies, while some large companies seek the largest contracts from companies such as Sprint and GM. This makes the competition within the industry very fierce. Through our focused strategy for serving niche markets (such as service desk services), we intend to avoid this debilitating environment and avoid its drawbacks such as price wars.. Prepared By: Checked and Verified By: Approved By: 10 DR. STEVE S. GUANSI Course Coordinator DR. VISHWAS CHACKRANARAYAN DR. VINODH NATARAJAN Program Head Associate Dean Date Date DR. MARLUNA L. URUBIO Dean Date COLLEGE OF ADMINISTRATIVE AND FINANCIAL SCIENCES Week No: 12, Period: Finals Trimester: Second Trimester FINAL PROJECT MARKS COURSE CODE SECTION STUDENT NAME BSBI 516 IV. COURSE TITLE TIME Introduction to Entrepreneurship DAYS ROOM ID NO. DATE SYNTHESIS The objective of this showcasing plan is to diagram the systems, procedures and plans that will make the business targets illustrated in the Lars cafe strategy a reality in 2022. We face the accompanying showcasing hindrances: Made a special, creative, upscale air that will separate Lars cafe from other nearby coffeehouses and future Internet cafes. Set up Lars cafe as a social and amusement public venue. Establish a climate that doesn't undermine fledgling clients. Lars cafe positions itself as an instructive asset for people who need to comprehend the advantages of the Internet. Our promoting endeavors will zero in on building the picture illustrated previously. We have achievements and deals focuses to accomplish, just as field-tested strategies that diagram the first and second long periods of business in detail. It is vital for utilize this advertising plan and Lars cafe field-tested strategy as endurance/working records. We can't permit them to sit in the document. They should be utilized as a guide of Lars cafe 's future achievement. See above Assessment Criteria RUBRIC / MARKING SCHEME LEARNING ASSESSMENT/MARKING ITEM 1 CILOs 6 MARKS 15 2 3 7 8 15 20 Prepared By: FACULTY/MARKER’S FEEDBACK MARKS AWARDED Checked and Verified By: Approved By: 11 DR. STEVE S. GUANSI Course Coordinator DR. VISHWAS CHACKRANARAYAN DR. VINODH NATARAJAN Program Head Associate Dean Date Date DR. MARLUNA L. URUBIO Dean Date COLLEGE OF ADMINISTRATIVE AND FINANCIAL SCIENCES Week No: 12, Period: Finals Trimester: Second Trimester FINAL PROJECT MARKS COURSE CODE SECTION STUDENT NAME BSBI 516 COURSE TITLE TIME Introduction to Entrepreneurship DAYS ROOM ID NO. DATE 50 TOTAL Prepared By: Checked and Verified By: Approved By: 12 DR. STEVE S. GUANSI Course Coordinator DR. VISHWAS CHACKRANARAYAN DR. VINODH NATARAJAN Program Head Associate Dean Date Date DR. MARLUNA L. URUBIO Dean Date