Business Planning Essay Example | Topics and Well Written Essays - 500 words

Business Planning - Essay Example In this case, the action of the employees is intrinsic for the success of the plan since the type of businessi idea involves a one-on-one conversation with the customers. 3. Fixed prices for renting: considering the state of the industry, owning and renting a car, the business idea is considered strong since the involved customers are made aware of the prices. The prices are fixed since there are less external influences on the prices such as weather. 1. High product pricing: Botflex plans to offer high quality services to the boat owners and the tenants thereby leading to the high product pricing. Because of the need for offsetting the high production cost associated, the business finds it difficult to charge low prices. This acts as a weakness of the company since most of the potential customers are medium income earners. 1. Chance for entry into new market: There are few corporations dealing in the same products thereby presenting an opportunity for entry into new market. The company can establish its critical operation to other new areas because of the higher economies of scale associated with venturing. 2. Collaboration with other companies dealing in the same products: There are many companies which recognize the good reputation held by a company, successful in making people rent ships. This means that there are chances for the company reducing the associated costs through collaborating with other recognizable companies. 1. Escalating prices of boats: The escalating prices bears chances for inefficiencies in the production process of the company considering that the prices of raw material for making boats are on the rise. 2. Trademark infringements: Trademark infringement is just like another threat which usually faces newly established company. The company branding is susceptible to cases of illegal use of trademark especially by the competitors or other newly rising

Level 6 diploma in career guidance and development Essay

Level 6 diploma in career guidance and development - Essay Example All these depict that as a career developer one needs to cultivate a healthy relationship with people. Many theories have emerged trying to explain the existence of career guidance some of these include Holland’s Trait and Factor theory, Bandura’s Social Learning theory and Donald’s Super Developmental approach theory which I’m going to discuss at length in this essay. To begin with, John Holland Trait and Factor theory also known as the Topological theory, which base its argument on the fact that people can be helped based on the human characteristics they possess. Some of these traits include intelligence, self esteem and aptitude. This theory supports the notion that people can be introduced to careers that match with the nature of their characters and a result, this theory has been nick named and criticized as the ‘square peg in the square hole ‘ theory. (Alaos.K.A, Kobiowu.S.V, Adebowale. O.F, 2010, Pg.135) This theory also support the concept of self scrutiny or screening and further stipulates that accuracy of self analysis and career development influences ones career decisions.(Zunker,1990,pg.45). In a case study-James is fourteen year old boy who is just clearing junior High but however does not know the career to pursue in college. Following the concept of self scrutiny, I am able to gather that James has been a very active student in extra curriculum activities and to some extent he has been a football Captain of his school team. Based on his interests in sports, his good leadership qualities and his love for sciences we come to conclusion that James would pursue sport medicine in college. In my career development and counseling profession, Holland’s theory has enabled me to help people to discover their potentials and career through their talents and hobbies. Therefore this theory has eased the task of career decision making most especially with the teenagers who are coupled with