Advanced Innovative Business Practice Essay
16 Pages4581 Words30 Views
Added on 2020-07-23
Advanced Innovative Business Practice Essay
Added on 2020-07-23
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ADVANCED INNOVATIVE BUSINESSPRACTICE
Executive summaryAnalytical tools have significent importance for the firms because same help firm in analyzingbusiness in difererent manner and provide input for making business deicisions. Think Childerencare is operating in unique sector and there are very high growth prospects. In this regardprojection of cash flows are usually made and by doing so viability of business idea is measured.It is identified on analysis of facts that project is viable for company and it must makeinvestment in its business.
TABLE OF CONTENTSExecutive summary.........................................................................................................................2INTRODUCTION...........................................................................................................................1Description of company...................................................................................................................1PESTEL analysis.........................................................................................................................2Porter five force analysis.............................................................................................................3Project strategy and justification.....................................................................................................4Business strategy and proposed market positioning....................................................................4Perceptual map and competitor analysis......................................................................................4Four ps in business.......................................................................................................................5Launch strategy............................................................................................................................6Pitch of profitability.........................................................................................................................6Ratio analysis...............................................................................................................................6Income statement.........................................................................................................................8Cash flow statement.....................................................................................................................8Project evaluation........................................................................................................................9Stakeholder charter..........................................................................................................................9Stakeholder engagement charter..................................................................................................9CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................11APPENDIX....................................................................................................................................12
INTRODUCTIONThink Childcare is the one of the company that is operating in child care sector. In thecurrent report analysis of relevant sector is done and varied threats as well as opporutnity that arein market are identified. In middle part of the report projections are made and viability of projectis measured. at end of the report conclusion is prepared and in this way entire researcjh work iscarried out.Description of companyIn the current report Think Childcare limited company is taken and same is analyzed.Business operations of the firm are quite different from other firms. Mentioend organization is aplace where childrens are admitted and company empoyees try to create curiosity to learn amongchildrens and nurtur them in propeer manner. Two things that have huge impact on childrenentire life is nurturing and curiotistiy to learn or whatever student learn in its life. Nurtur atchildhood stage reflect whether individuals will be able to grow in future in terms of careergrowth or will pick wrong direction. It is very important to educaten them in proper manner. Ifeducation is given to childrens in systematic manner then their curiosity get increased in respectto learning about new things. Firm Think Childcare is taken for analysis purpose because itsbusiness model is unique in nature which differentiate it from other companies. Moreover,business model is such that business can never observe slowdown because child education andits nurturing remain on top priority for the parents always. Hence, relevant business is taken in toconsideration for analysis purpose in present research study. Think Childcare have many positiveimpact on the society as it can be observed that it is the organization that is fully committedtowards educating childrens by creating curiosity among them. Such kind of thing lead tocreation of personal growh of childrens when they are in small age (Balarajan, Selvaraj andSubramanian, 2011). Parents are too busy on job and it is difficult for them to handle theirchildrens in systematic manner. Such kind of things make society weak ansd prove costly to thenation. Mentioned organization is not only earning a profit for it but also do lots of good thingfor the society and due to this reason it can be said that mentioend organization is contributing alot to society by giving right direction to the childrens which will lead society in future timeperiod. 1 | P a g e
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