[PDF] Business canvas model Assignment
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Research Reflection Report
. Marks
Available
Research Methods & Processes
How and why have you
chosen/decided on the research
methods and processes which you
are using/have used for the
development of your Major
Project?
How would you describe these to:
1) a reader of your Major
Project and/or
2) a future employer
(max. 550 words)
This reflection is based on business of health care centre is developed in order to
understand different aspects which are related to understand different aspects associated
with increasing business. In order to launch new business, there is requirement of proper
planning related to resources acquired to understand strategies for growth and development
of business. It is important to understand different aspects which is essential and important
to get success in industry. In this business development plan, there is discussion about
“Shape Up and Curves” fitness club at Ta' Xbix in Malta. “Shape Up and Curves” fitness
club is the place which provides indoor and outdoor services which are specific and
relevant in context of understanding in better and effective manner. This business
organisation is situated at This is idea is generated in my mind because I saw many gym
vacant. These days people are suffering from different cardiovascular disease, so they are
becoming aware about their health. In order to provide something different to consumers I
came with idea of indoor and outdoor activities. As per my interest I provide fitness
services to consumer near by beach. This provides pleasure and internal peace to consumer.
I provide some specific changes which is relevant in context of understanding in better and
effective manner. I am able to know what is different in current market and is implemented
at business. These days people are becoming aware about their health because corporate
. Marks
Available
Research Methods & Processes
How and why have you
chosen/decided on the research
methods and processes which you
are using/have used for the
development of your Major
Project?
How would you describe these to:
1) a reader of your Major
Project and/or
2) a future employer
(max. 550 words)
This reflection is based on business of health care centre is developed in order to
understand different aspects which are related to understand different aspects associated
with increasing business. In order to launch new business, there is requirement of proper
planning related to resources acquired to understand strategies for growth and development
of business. It is important to understand different aspects which is essential and important
to get success in industry. In this business development plan, there is discussion about
“Shape Up and Curves” fitness club at Ta' Xbix in Malta. “Shape Up and Curves” fitness
club is the place which provides indoor and outdoor services which are specific and
relevant in context of understanding in better and effective manner. This business
organisation is situated at This is idea is generated in my mind because I saw many gym
vacant. These days people are suffering from different cardiovascular disease, so they are
becoming aware about their health. In order to provide something different to consumers I
came with idea of indoor and outdoor activities. As per my interest I provide fitness
services to consumer near by beach. This provides pleasure and internal peace to consumer.
I provide some specific changes which is relevant in context of understanding in better and
effective manner. I am able to know what is different in current market and is implemented
at business. These days people are becoming aware about their health because corporate
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people are not able to do physical work due to which they face different physical problems.
I plan actions for business growth and development as per change in working strength and
development of country. I started this business with there of my friends who have zeal to
launch business venture and get success. We share profits, losses, expenses in equal ratio. I
have some ideas to start business near beach side, so I can provide out door fitness
activities to consumers. Target consumers of this fitness club is adult, youngsters, elder
people. If both parent are joining gym, then there is facility of kids zone as well. When
parents gym, they can take their children with themselves and they provide friendly
environment. This is the extra benefit I planned for the benefits of consumers. I planned
different discount offered for couples, youngsters if they join in group of more than 4
individuals. This project assist in getting knowledge about different factors which might
affects growth and development of business. I am able to work under dynamic environment
which assist me to know what are the changes which are specific and fruitful for growth of
business enterprise. I selected bank loan as source of finance. This decision is taken after
considering all other sources as well. While staring new business, recovery of cost is the
major aspect. I develop my communication and presentation skills through which I am able
to communicate with individuals for the purpose of sponsorship. This business report assist
me to enhance by working and thinking style through which I can come with new and
innovative ideas. In order to make clear understanding about business related concept, I
collect information from primary as well as secondary sources. Primary information is
I plan actions for business growth and development as per change in working strength and
development of country. I started this business with there of my friends who have zeal to
launch business venture and get success. We share profits, losses, expenses in equal ratio. I
have some ideas to start business near beach side, so I can provide out door fitness
activities to consumers. Target consumers of this fitness club is adult, youngsters, elder
people. If both parent are joining gym, then there is facility of kids zone as well. When
parents gym, they can take their children with themselves and they provide friendly
environment. This is the extra benefit I planned for the benefits of consumers. I planned
different discount offered for couples, youngsters if they join in group of more than 4
individuals. This project assist in getting knowledge about different factors which might
affects growth and development of business. I am able to work under dynamic environment
which assist me to know what are the changes which are specific and fruitful for growth of
business enterprise. I selected bank loan as source of finance. This decision is taken after
considering all other sources as well. While staring new business, recovery of cost is the
major aspect. I develop my communication and presentation skills through which I am able
to communicate with individuals for the purpose of sponsorship. This business report assist
me to enhance by working and thinking style through which I can come with new and
innovative ideas. In order to make clear understanding about business related concept, I
collect information from primary as well as secondary sources. Primary information is
collected through questionnaire because this is the best way through which individual's
perception can be known in context of my business idea. This assist me to know whether
my idea will success or not. Secondary information is selected for the purpose to know
awareness of people about fitness centre and their health issues.
Literature & sources
1) What are the most
important
theories/literature/evidenc
e sources which you are
using to justify your
research and your Major
Project?
2) Why are these sources
important and fundamental
to your work?
(max. 550 words)
It is important to make business plan authentic and reliable because this makes business
plan long term existing in industry. While starting new business, there is requirement to
analyse business environment, competitors in industry, etc. to know growth prospects for
country. I use secondary information for the purpose of industry and environment analysis.
Secondary information is collected through online sources, books, journals, etc. which are
authentic and up to date. Primary information is collected through people residing at Malta
to know their view about new fitness centre. In case of any feedback from people and I feel
that it adds to value to our business, it will be considered. This is important and significant
to understand competitors policies but I tries to find reason behind vacant gyms. This
business plan is prepared in appropriate format so reader can get knowledge about different
factors of new business. Sequence of this business plan is introduction, business concept,
feasibility research, business model, business plan and lastly forecasting of financial
requirement. I planned for marketing activities as well in order to communicate to targeted
consumers. Apart from this there are some other theories as well-
Porter's Five Force Model- This is the model which provides knowledge about rivalry in
perception can be known in context of my business idea. This assist me to know whether
my idea will success or not. Secondary information is selected for the purpose to know
awareness of people about fitness centre and their health issues.
Literature & sources
1) What are the most
important
theories/literature/evidenc
e sources which you are
using to justify your
research and your Major
Project?
2) Why are these sources
important and fundamental
to your work?
(max. 550 words)
It is important to make business plan authentic and reliable because this makes business
plan long term existing in industry. While starting new business, there is requirement to
analyse business environment, competitors in industry, etc. to know growth prospects for
country. I use secondary information for the purpose of industry and environment analysis.
Secondary information is collected through online sources, books, journals, etc. which are
authentic and up to date. Primary information is collected through people residing at Malta
to know their view about new fitness centre. In case of any feedback from people and I feel
that it adds to value to our business, it will be considered. This is important and significant
to understand competitors policies but I tries to find reason behind vacant gyms. This
business plan is prepared in appropriate format so reader can get knowledge about different
factors of new business. Sequence of this business plan is introduction, business concept,
feasibility research, business model, business plan and lastly forecasting of financial
requirement. I planned for marketing activities as well in order to communicate to targeted
consumers. Apart from this there are some other theories as well-
Porter's Five Force Model- This is the model which provides knowledge about rivalry in
industry. It is important to understand and analyse changes which are specific and
significant in current market. In this model, five forces are discussed i.e. bargaining power
of supplier, bargaining power of consumers, threat of rivalry, threat of substitute. These
factors gets to know about competitors in industry, so policies can framed competing them.
There is difference in working style of every organisation, so in order to compete in
industry managers of “Shape Up and Curves” fitness club has to make strategies through
which they can communicate to consumers. As there are different others ways such as
meditation, morning and evening walk, etc. So if prices are high at “Shape Up and Curves”
fitness club, then consumer will change their preferences. So I planned new and different
discount offers for making long term relations with them. This also provides knowledge
about impact of rivalry. In fitness centre as people are becoming aware, so possibilities are
bright that other organisations will also improve their fitness services.
Business canvas Model- Business canvas model is also used in this business plan because
this is the best framework which provides knowledge about products and services we are
services with targeted consumers. So business canvas model is the tool and technique for
business development which assist in knowing what is the way through which success of
industry can be gained. It is essential to understand specific changes which are related and
relevant in context of understanding external environment. There is requirement of
financial assistance as well for analysing new resources, machines, etc. “Shape Up and
Curves” fitness club is the organisation which is coming new services such as kids zone,
significant in current market. In this model, five forces are discussed i.e. bargaining power
of supplier, bargaining power of consumers, threat of rivalry, threat of substitute. These
factors gets to know about competitors in industry, so policies can framed competing them.
There is difference in working style of every organisation, so in order to compete in
industry managers of “Shape Up and Curves” fitness club has to make strategies through
which they can communicate to consumers. As there are different others ways such as
meditation, morning and evening walk, etc. So if prices are high at “Shape Up and Curves”
fitness club, then consumer will change their preferences. So I planned new and different
discount offers for making long term relations with them. This also provides knowledge
about impact of rivalry. In fitness centre as people are becoming aware, so possibilities are
bright that other organisations will also improve their fitness services.
Business canvas Model- Business canvas model is also used in this business plan because
this is the best framework which provides knowledge about products and services we are
services with targeted consumers. So business canvas model is the tool and technique for
business development which assist in knowing what is the way through which success of
industry can be gained. It is essential to understand specific changes which are related and
relevant in context of understanding external environment. There is requirement of
financial assistance as well for analysing new resources, machines, etc. “Shape Up and
Curves” fitness club is the organisation which is coming new services such as kids zone,
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classes for vacations, combo discount offers, 24*7 services, dieticians, etc.
There is requirement of different resources such as human resources, finance, machinery,
etc. Because with the help of these resources actions can be performed in better and
effective manner. Business operations can run smoothly in consideration of external
market. Employees are required for cleaning purpose. Partners at “Shape Up and Curves”
fitness club are trainers so they have to punctual regarding providing services to
consumers. As there is service of dietician, so it is easy to understand hire individuals who
have complete knowledge about providing services to consumers and then planning for
their diet schedule.
Your Knowledge
What key areas of knowledge
have you gained from undertaking
your research and the Major
Project?
Indicate why these are so
important to you?
(max. 400 words)
There are different areas which I have learned with this business plan model. It is important
to understand some external market which is specific and important to consider changes in
better and effective manner. I learn different skills which are relevant in considering
changes in effective and significant manner. I am able to improve my leadership and
dynamic working style which assist to consider some specific changes while operating new
business. I am able to know about forces which affects my working style in order to
understand specific changes in current market trend. I am able to present myself with
confidence and perform activities in better and effective manner. I am able to develop
interpersonal skills which is relevant in current market. I gain knowledge about different
research tools and techniques i.e. primary and secondary source of information, data
analysis technique, etc. I analyse complete knowledge about working on business plan.
There is requirement of different resources such as human resources, finance, machinery,
etc. Because with the help of these resources actions can be performed in better and
effective manner. Business operations can run smoothly in consideration of external
market. Employees are required for cleaning purpose. Partners at “Shape Up and Curves”
fitness club are trainers so they have to punctual regarding providing services to
consumers. As there is service of dietician, so it is easy to understand hire individuals who
have complete knowledge about providing services to consumers and then planning for
their diet schedule.
Your Knowledge
What key areas of knowledge
have you gained from undertaking
your research and the Major
Project?
Indicate why these are so
important to you?
(max. 400 words)
There are different areas which I have learned with this business plan model. It is important
to understand some external market which is specific and important to consider changes in
better and effective manner. I learn different skills which are relevant in considering
changes in effective and significant manner. I am able to improve my leadership and
dynamic working style which assist to consider some specific changes while operating new
business. I am able to know about forces which affects my working style in order to
understand specific changes in current market trend. I am able to present myself with
confidence and perform activities in better and effective manner. I am able to develop
interpersonal skills which is relevant in current market. I gain knowledge about different
research tools and techniques i.e. primary and secondary source of information, data
analysis technique, etc. I analyse complete knowledge about working on business plan.
This is significant in context of understanding changes in effective and relevant manner. I
am able to overcome my weakness i.e. nervousness and decision making skills can be
polished. I am able to know about different components which are relevant in significant in
context of understanding changes. I am able to gain market analysis skill because it is
essential to analysis and collect proper knowledge about market while introducing new
organisation. I came to know about importance of feasibility study in order to get success
in industry. I am clear that hen more risk will be taken, then only possibilities of higher
profits arise. I am able to understand changes which has to be done under dynamic
environment. In order to make clear understanding about different aspects which is
important and significant in current market. There are many changes taking place in
consumer demand, so I prepare myself to work under dynamic environment and ready to
accept changes in better and effective manner. I came to know about different sources of
finance through which funds can be raised. In order to make business successful I study
each and every aspect of launching and factors which makes business successful. I gain
knowledge about economic condition of Malta, so resources will planned in specified form.
Apart from this I acquire knowledge about political parties because there is impact on
business operations. I enhance my skills in finance field because this is the factor for which
“Shape Up and Curves” fitness club is working. Balance sheet, profit and loss account,
return on investment, P/ E ration, etc.
Your Learning There are some theoretical as well as practical theories which are important for enhancing
am able to overcome my weakness i.e. nervousness and decision making skills can be
polished. I am able to know about different components which are relevant in significant in
context of understanding changes. I am able to gain market analysis skill because it is
essential to analysis and collect proper knowledge about market while introducing new
organisation. I came to know about importance of feasibility study in order to get success
in industry. I am clear that hen more risk will be taken, then only possibilities of higher
profits arise. I am able to understand changes which has to be done under dynamic
environment. In order to make clear understanding about different aspects which is
important and significant in current market. There are many changes taking place in
consumer demand, so I prepare myself to work under dynamic environment and ready to
accept changes in better and effective manner. I came to know about different sources of
finance through which funds can be raised. In order to make business successful I study
each and every aspect of launching and factors which makes business successful. I gain
knowledge about economic condition of Malta, so resources will planned in specified form.
Apart from this I acquire knowledge about political parties because there is impact on
business operations. I enhance my skills in finance field because this is the factor for which
“Shape Up and Curves” fitness club is working. Balance sheet, profit and loss account,
return on investment, P/ E ration, etc.
Your Learning There are some theoretical as well as practical theories which are important for enhancing
What are the most important
aspects/examples of learning
and/or skills which you have
gained from:
1) undertaking the MBA
programme,
2) following through your
research, and
3) applying your knowledge
and what you have learnt
in your Major Project
(max. 400 words)
knowledge and taking actions in accordance to it. There are some changes which is specific
and leading knowledge about it. I gain knowledge about finance, economics, HR,
marketing, etc. which assist me in enhancing my theoretical knowledge. In management
program, I gain knowledge about HR technique, marketing theories, operations, tourism,
law, statistics, etc. acknowledge in MBA programme. I came to know about consumer
behaviour when they are providing services to consumers. I am ready to work with new
and innovative methods which assist me to know what can be done to acquire knowledge. I
came to know about factors of business environment which gets affected in negative
manner. I learned to take new opportunities which gains some advantage for company to
enhance their knowledge. I studied different models such as porter's five force model
which are important in context of current market trends. I came to know about importance
of primary information and ways to collect it. So in future if similar investigation will
allotted to me I am able to collect primary information about topic and interpret it. “Shape
Up and Curves” fitness club is the organisation which is new in industry and coming with
some new and specific services, so I conducted market analysis to know whether business
idea will be successful or not. I am able to complete task within specified time, so
punctuality will gained. I am ready to give initiative to individuals through which they can
perform actions in better and effective manner in accordance to external environment.
Feasibility assist me to deliver information about industry, organisation, financial aspects. I
wants to understand about business model which gives information about financial
aspects/examples of learning
and/or skills which you have
gained from:
1) undertaking the MBA
programme,
2) following through your
research, and
3) applying your knowledge
and what you have learnt
in your Major Project
(max. 400 words)
knowledge and taking actions in accordance to it. There are some changes which is specific
and leading knowledge about it. I gain knowledge about finance, economics, HR,
marketing, etc. which assist me in enhancing my theoretical knowledge. In management
program, I gain knowledge about HR technique, marketing theories, operations, tourism,
law, statistics, etc. acknowledge in MBA programme. I came to know about consumer
behaviour when they are providing services to consumers. I am ready to work with new
and innovative methods which assist me to know what can be done to acquire knowledge. I
came to know about factors of business environment which gets affected in negative
manner. I learned to take new opportunities which gains some advantage for company to
enhance their knowledge. I studied different models such as porter's five force model
which are important in context of current market trends. I came to know about importance
of primary information and ways to collect it. So in future if similar investigation will
allotted to me I am able to collect primary information about topic and interpret it. “Shape
Up and Curves” fitness club is the organisation which is new in industry and coming with
some new and specific services, so I conducted market analysis to know whether business
idea will be successful or not. I am able to complete task within specified time, so
punctuality will gained. I am ready to give initiative to individuals through which they can
perform actions in better and effective manner in accordance to external environment.
Feasibility assist me to deliver information about industry, organisation, financial aspects. I
wants to understand about business model which gives information about financial
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assistance in order to understand specific changes in current market. So with this business
model cash flow statement, balance sheet, revenue statement are clear. I acquire knowledge
about business plan and blue print in accordance to it. With the help of blue print, it is easy
to understand to make clear understanding about what has to be done and how to do it.
With implementing my knowledge I am able to complete project in sequential and
synchronise manner in order to gain get better outcome. While planning for starting some
business, I acquire knowledge growth of business which is specific and relevant in context
of current working environment.
Critical Thinking and your
ideas
In carrying out your research,
your analysis, your evaluation of
evidence, and in identifying or
proposing conclusions, what has
been the most important
discovery, or piece of evidence, or
theory, or viewpoint, or critical
idea, or critical addition to your
knowledge, or other item of
importance and why?
(max. 400 words)
The project on which the overall work is conducted is based on developing a new business
development plan which is related with a health and fitness club Shape Up and Curves
fitness club. A plan plays effective role in conducting all business operations in proper
manner by analysis of the project in right manner. The idea regarding a fitness and health
club in Malta has wider scope, thus it is a unique plan and people are very much conscious
about their health condition and living or they are preferring gym for maintaining good
living and health condition. The business plan has wider opportunity in Malta, thus there
are various reason to get success in the plan like this is a unique idea of setting up the club
at the near location of see from where see side is visible and looks highly attractive, this is
the major reason of people attraction, another benefit is that the company offers variety of
facilities like nutrition facilities, proper trainer, physical activities, heath club and many
others. The present area of work helps me in enhancing my knowledge regarding the
model cash flow statement, balance sheet, revenue statement are clear. I acquire knowledge
about business plan and blue print in accordance to it. With the help of blue print, it is easy
to understand to make clear understanding about what has to be done and how to do it.
With implementing my knowledge I am able to complete project in sequential and
synchronise manner in order to gain get better outcome. While planning for starting some
business, I acquire knowledge growth of business which is specific and relevant in context
of current working environment.
Critical Thinking and your
ideas
In carrying out your research,
your analysis, your evaluation of
evidence, and in identifying or
proposing conclusions, what has
been the most important
discovery, or piece of evidence, or
theory, or viewpoint, or critical
idea, or critical addition to your
knowledge, or other item of
importance and why?
(max. 400 words)
The project on which the overall work is conducted is based on developing a new business
development plan which is related with a health and fitness club Shape Up and Curves
fitness club. A plan plays effective role in conducting all business operations in proper
manner by analysis of the project in right manner. The idea regarding a fitness and health
club in Malta has wider scope, thus it is a unique plan and people are very much conscious
about their health condition and living or they are preferring gym for maintaining good
living and health condition. The business plan has wider opportunity in Malta, thus there
are various reason to get success in the plan like this is a unique idea of setting up the club
at the near location of see from where see side is visible and looks highly attractive, this is
the major reason of people attraction, another benefit is that the company offers variety of
facilities like nutrition facilities, proper trainer, physical activities, heath club and many
others. The present area of work helps me in enhancing my knowledge regarding the
execution of business plan activities in proper manner. The major purpose of this idea is to
developing an effective business plan in respect to developing opportunities for the
business at new location. At the starting of the project it was easy for me in attempting all
the project activities in suitable manner and this project provides me guidance in
developing my capability in suitable selection of models and theories. However in the
existing area of work I have majorly concern over implementing suitable models and
methodologies that supports the overall business development plan in proper manner. This
is a wide area of management work which is based on academic writings and this work
assist me in analysing the key aspect of business plan like key area, location, customers,
cost, time etc. which enhance my knowledge to select the most suitable aspect for gaining
success by the implementation of new plan.
The present research work helps me in developing my personal as well as professional
ability which assist me towards attaining growth and success in my future projects. This
study enhance academic skills in the form of providing guidance to applying research
activities and methodologies in proper manner and also guides me in developing my
marketing activities through prescribing the knowledge regarding using proper marketing
plan, tools and strategies.
Barriers met
What were the main difficulties
and barriers which you were face
The project into consideration is based on the analysis of the plan of setting up a gym and
health club which is named as Shape Up and Curves fitness club. This is a related to a
business development plan which helps an individual in enhancing the idea and knowledge
developing an effective business plan in respect to developing opportunities for the
business at new location. At the starting of the project it was easy for me in attempting all
the project activities in suitable manner and this project provides me guidance in
developing my capability in suitable selection of models and theories. However in the
existing area of work I have majorly concern over implementing suitable models and
methodologies that supports the overall business development plan in proper manner. This
is a wide area of management work which is based on academic writings and this work
assist me in analysing the key aspect of business plan like key area, location, customers,
cost, time etc. which enhance my knowledge to select the most suitable aspect for gaining
success by the implementation of new plan.
The present research work helps me in developing my personal as well as professional
ability which assist me towards attaining growth and success in my future projects. This
study enhance academic skills in the form of providing guidance to applying research
activities and methodologies in proper manner and also guides me in developing my
marketing activities through prescribing the knowledge regarding using proper marketing
plan, tools and strategies.
Barriers met
What were the main difficulties
and barriers which you were face
The project into consideration is based on the analysis of the plan of setting up a gym and
health club which is named as Shape Up and Curves fitness club. This is a related to a
business development plan which helps an individual in enhancing the idea and knowledge
with in:
1) undertaking your research,
and
2) completing your Major
Project
(max. 400 words)
base of people. At the time of conducting the project i have attained vast knowledge
regarding a business plan and how it will be benefited for me in attempting more projects
related with similar area of study. My experience in conducting the whole work was
amazing as I have attained knowledge regarding the different area like how to implement a
business concept, how to do feasibility research, how to conduct survey etc. Thus there are
multiple issues which are faced by me in developing a business development proposal are
associated as below:
Time is the major issue which is significantly faced by me at the time of implementation of
project activities. The given time for this particular research are less and it is even not
appropriate to conduct all the activities in possibly good manner. However feasibility
research for Shape Up and Curves fitness club is essential because it provides appropriate
knowledge regarding the operations of work and there is not much time available to
conduct the feasibility research in effective manner.
Another major issue faced by me is related with the collection of data from different
sources. An investigation is significantly based on primary and secondary sources of data
collection, thus I have faced the issue regarding the suitable selection of articles and
theories that assist in right direction. Along with this, execution of primary research also
raise issues in collection of actual information in proper manner. At the time of conducting
primary research researcher requires to analyse potential people, location to whom the
information is being gathered regarding the Shape Up and Curves fitness club.
1) undertaking your research,
and
2) completing your Major
Project
(max. 400 words)
base of people. At the time of conducting the project i have attained vast knowledge
regarding a business plan and how it will be benefited for me in attempting more projects
related with similar area of study. My experience in conducting the whole work was
amazing as I have attained knowledge regarding the different area like how to implement a
business concept, how to do feasibility research, how to conduct survey etc. Thus there are
multiple issues which are faced by me in developing a business development proposal are
associated as below:
Time is the major issue which is significantly faced by me at the time of implementation of
project activities. The given time for this particular research are less and it is even not
appropriate to conduct all the activities in possibly good manner. However feasibility
research for Shape Up and Curves fitness club is essential because it provides appropriate
knowledge regarding the operations of work and there is not much time available to
conduct the feasibility research in effective manner.
Another major issue faced by me is related with the collection of data from different
sources. An investigation is significantly based on primary and secondary sources of data
collection, thus I have faced the issue regarding the suitable selection of articles and
theories that assist in right direction. Along with this, execution of primary research also
raise issues in collection of actual information in proper manner. At the time of conducting
primary research researcher requires to analyse potential people, location to whom the
information is being gathered regarding the Shape Up and Curves fitness club.
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Your Professional Development
What are the most important
business and/or management
skill(s) or academic idea(s) or
lesson(s) which you have learnt
from undertaking your research
and your Major Project – and
why?
(max. 400 words)
A project is conducted for developing the idea and knowledge base regarding a specified
area of work. The current course I am pursuing have a wide area of knowledge in regards
to multiple area which can help me in attempting my course work projects in more
attentive manner. There are multiple area which are essential for me to analyse in respect to
develop my knowledge base in which some are associated as below:
Proper business Idea: A suitable idea is required to develop a plan, thus it is the major
consideration to make a idea for the proper execution of the work. This is the initial stage
of business plan a proper idea helps an individual in figure out the area for developing an
effective plan which will effectively implemented in future. This aspect helps me in
developing my knowledge to use idea in proper implementation of plan which provide
suitable guidance in attempting my future objective in suitable manner.
Use of Resources: This is also an effective area which is required to be considered by me
in smooth functioning of operations. Proper idea regarding the use of resources helps me in
performing all project operations in appropriate manner that also resulted in enhancement
of knowledge regarding the most useful aspects that are essential in the execution of a
project work. Resources helps a plan into converted into proper action, thus the guidance
regarding the resources helps an individual in attempting objectives in proper manner. This
assist me in attempting my future projects in effective manner with the suitable use of
sources.
Management of issues: This is also an essential aspect as it is required for an individual to
What are the most important
business and/or management
skill(s) or academic idea(s) or
lesson(s) which you have learnt
from undertaking your research
and your Major Project – and
why?
(max. 400 words)
A project is conducted for developing the idea and knowledge base regarding a specified
area of work. The current course I am pursuing have a wide area of knowledge in regards
to multiple area which can help me in attempting my course work projects in more
attentive manner. There are multiple area which are essential for me to analyse in respect to
develop my knowledge base in which some are associated as below:
Proper business Idea: A suitable idea is required to develop a plan, thus it is the major
consideration to make a idea for the proper execution of the work. This is the initial stage
of business plan a proper idea helps an individual in figure out the area for developing an
effective plan which will effectively implemented in future. This aspect helps me in
developing my knowledge to use idea in proper implementation of plan which provide
suitable guidance in attempting my future objective in suitable manner.
Use of Resources: This is also an effective area which is required to be considered by me
in smooth functioning of operations. Proper idea regarding the use of resources helps me in
performing all project operations in appropriate manner that also resulted in enhancement
of knowledge regarding the most useful aspects that are essential in the execution of a
project work. Resources helps a plan into converted into proper action, thus the guidance
regarding the resources helps an individual in attempting objectives in proper manner. This
assist me in attempting my future projects in effective manner with the suitable use of
sources.
Management of issues: This is also an essential aspect as it is required for an individual to
have knowledge regarding the issues and the ways to overcome with them, thus problems
are unwanted in nature and has a huge impact over the project area. In this it is essential for
an individual to analyse the issues related with the similar area of work, thus pre plan is
formulated to addressing the issue in effective manner.
These all area will help me in attempting my future projects in effective manner through
the suitable execution of plan.
Objectives
Based on your research and the
work which you have done in the
MBA Programme and its use in
your Major Project, what were
and how far have the objectives of
your project been achieved?
(max.450 words)
The project is conducted on the basis of the objective of developing an effective plan for
establishing a fitness and health club in Malta for the reason of achieving higher growth
ans success. The major focus of the company is to making unique and health effective
facilities and products to their customers for attainment of long term benefits through
sustaining customers for long run of business operations. During the MBA course work I
have been consider that a proper structure is required to set a plan in effective manner, in
this existing work a structure is applied which consist various aspects like concept of
business, feasibility of the idea, business or appropriate theories and models, thus these all
aspects are effective in proper execution of work. In this existing area of work
accumulation of data is based on two aspects i.e. primary and secondary source of data
collection. The proper study helps me in my MBA course work and also assist me in
completion of my MBA projects in suitable manner. Secondary tool is suitable in
developing theoretical perspective for assisting individual in gaining proper knowledge
regarding the similar area of work, thus in this information is accumulated from books,
are unwanted in nature and has a huge impact over the project area. In this it is essential for
an individual to analyse the issues related with the similar area of work, thus pre plan is
formulated to addressing the issue in effective manner.
These all area will help me in attempting my future projects in effective manner through
the suitable execution of plan.
Objectives
Based on your research and the
work which you have done in the
MBA Programme and its use in
your Major Project, what were
and how far have the objectives of
your project been achieved?
(max.450 words)
The project is conducted on the basis of the objective of developing an effective plan for
establishing a fitness and health club in Malta for the reason of achieving higher growth
ans success. The major focus of the company is to making unique and health effective
facilities and products to their customers for attainment of long term benefits through
sustaining customers for long run of business operations. During the MBA course work I
have been consider that a proper structure is required to set a plan in effective manner, in
this existing work a structure is applied which consist various aspects like concept of
business, feasibility of the idea, business or appropriate theories and models, thus these all
aspects are effective in proper execution of work. In this existing area of work
accumulation of data is based on two aspects i.e. primary and secondary source of data
collection. The proper study helps me in my MBA course work and also assist me in
completion of my MBA projects in suitable manner. Secondary tool is suitable in
developing theoretical perspective for assisting individual in gaining proper knowledge
regarding the similar area of work, thus in this information is accumulated from books,
journals, published research articles etc. On the contrary primary source is applied to
gather new and first hand information that majorly supports the work in right manner. In
this information is gathered through analysing the opinion of local people in Malta who are
attracted towards their fitness and wants to develop their curriculum base. However the
local people are able to render potential knowledge for the success of plan.
At the starting of the project I was quite hesitated and feeling nervous as it is the first time I
have been working on a large area of project, thus I event not having any kind of
knowledge regarding the area of business plan development. After taking the project into
proper action I have been realise that my knowledge and confidence level has enhanced
which help me in conducting the work with proper potential. This study also helps me in
taking effective decisions regarding the project area which also provides future benefits in
attainment of higher growth and success. This academic work helps me in guiding towards
completion of my MBA course work in proper manner. However the gained knowledge
helps me in attainment of future benefits in attempt of business plan and many other
projects.
Findings & outcomes
How useful and/or feasible are the
findings, recommendations,
conclusions, or outcomes of your
Major Project to you and/or to a
future Employer?
The project into actual action is based on the plan of setting up a gym near to the sea
location for the purpose of attaining higher growth and success by the uniqueness of the
gym or health club. By the in-depth analysis of the project it has been determined that it is
a plan which is based on a setting up a large business in the form of health club and gym,
thus a business plan is involves in an academic research which provides significant
gather new and first hand information that majorly supports the work in right manner. In
this information is gathered through analysing the opinion of local people in Malta who are
attracted towards their fitness and wants to develop their curriculum base. However the
local people are able to render potential knowledge for the success of plan.
At the starting of the project I was quite hesitated and feeling nervous as it is the first time I
have been working on a large area of project, thus I event not having any kind of
knowledge regarding the area of business plan development. After taking the project into
proper action I have been realise that my knowledge and confidence level has enhanced
which help me in conducting the work with proper potential. This study also helps me in
taking effective decisions regarding the project area which also provides future benefits in
attainment of higher growth and success. This academic work helps me in guiding towards
completion of my MBA course work in proper manner. However the gained knowledge
helps me in attainment of future benefits in attempt of business plan and many other
projects.
Findings & outcomes
How useful and/or feasible are the
findings, recommendations,
conclusions, or outcomes of your
Major Project to you and/or to a
future Employer?
The project into actual action is based on the plan of setting up a gym near to the sea
location for the purpose of attaining higher growth and success by the uniqueness of the
gym or health club. By the in-depth analysis of the project it has been determined that it is
a plan which is based on a setting up a large business in the form of health club and gym,
thus a business plan is involves in an academic research which provides significant
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You must justify your answer
with specific examples.
(max. 450 words)
direction to the people in enhancing their idea and knowledge base regarding the similar
area of work. The present area of study is effective in providing proper and detailed
analysis over designing a business development plan that may resulted in increasing skills
and capabilities of learner and individual within a similar area of work. The major reason
behind conducting the research is to gaining idea in regards to implementation of business
idea that helps me in developing my future projects in proper manner. This study is
effective in developing my management skills which assist me in enhancing my personal
as well as professional ability which helps me in attempting projects and tasks related with
management in proper and efficient manner. The present work is based on the combination
of two aspects i.e research proposal and project, thus the project represents the idea of the
new business development as from the analysis of research proposal I have been consider
that while implementing a business development plan it is required for a business to use an
effective strategy, on the basis of which proper operations can be conducted to make the
plan success within market place. However research project represents the overall
description regarding the plan for the effective execution of work in right manner. From
the in-depth evaluation of the project I have been realise that, for execution of research
project suitable methodological selection is required to carry out the work in right manner.
The appropriate use of models, methodologies, and theories helps me in handling project
related with management in proper manner. The key advantages of this business
development plan can be analysed by the help of example, that is clearly defined as below:
with specific examples.
(max. 450 words)
direction to the people in enhancing their idea and knowledge base regarding the similar
area of work. The present area of study is effective in providing proper and detailed
analysis over designing a business development plan that may resulted in increasing skills
and capabilities of learner and individual within a similar area of work. The major reason
behind conducting the research is to gaining idea in regards to implementation of business
idea that helps me in developing my future projects in proper manner. This study is
effective in developing my management skills which assist me in enhancing my personal
as well as professional ability which helps me in attempting projects and tasks related with
management in proper and efficient manner. The present work is based on the combination
of two aspects i.e research proposal and project, thus the project represents the idea of the
new business development as from the analysis of research proposal I have been consider
that while implementing a business development plan it is required for a business to use an
effective strategy, on the basis of which proper operations can be conducted to make the
plan success within market place. However research project represents the overall
description regarding the plan for the effective execution of work in right manner. From
the in-depth evaluation of the project I have been realise that, for execution of research
project suitable methodological selection is required to carry out the work in right manner.
The appropriate use of models, methodologies, and theories helps me in handling project
related with management in proper manner. The key advantages of this business
development plan can be analysed by the help of example, that is clearly defined as below:
In the present area of work my knowledge which i have attained in MBA course work
helps me in execution of plan in proper manner. Thus with the help of the guidance of
MBA course work it is easy for me in accumulation of data in limited time duration as the
given time of conducting business development proposal is limited. For proper
implementation of business idea it is essential for planner to analyse market and the
available competition in respect to building suitable strategies to providing competition to
their rivals. In the present study I have observe that secondary source is effective in
accumulation of data in proper manner thus in this present work porters five force model is
the most suitable in conducting a business in right manner and secondary source is
effective in rendering appropriate theoretical perspective regarding the use and
implementation of model.
Shape Up and Curves fitness club is a new business development plan which is focuses
over satisfying the needs and wants of customers by providing them suitable and unique
health and fitness club facilities to their significant customers. The business is setup at the
near location of see side in Malta. The plan is a unique idea which has future growth in
Malta, thus people are very much skilled and talented and are concern over spending type
in different curriculum activities and the business growth of Shape Up and Curves fitness
club will attain success in Malta.
helps me in execution of plan in proper manner. Thus with the help of the guidance of
MBA course work it is easy for me in accumulation of data in limited time duration as the
given time of conducting business development proposal is limited. For proper
implementation of business idea it is essential for planner to analyse market and the
available competition in respect to building suitable strategies to providing competition to
their rivals. In the present study I have observe that secondary source is effective in
accumulation of data in proper manner thus in this present work porters five force model is
the most suitable in conducting a business in right manner and secondary source is
effective in rendering appropriate theoretical perspective regarding the use and
implementation of model.
Shape Up and Curves fitness club is a new business development plan which is focuses
over satisfying the needs and wants of customers by providing them suitable and unique
health and fitness club facilities to their significant customers. The business is setup at the
near location of see side in Malta. The plan is a unique idea which has future growth in
Malta, thus people are very much skilled and talented and are concern over spending type
in different curriculum activities and the business growth of Shape Up and Curves fitness
club will attain success in Malta.
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