Business Development Proposal and Reflection

BUSINESS DEVELOPMENT
PROPOSAL AND REFLECTION

TABLE OF CONTENTS
REFLECTION.................................................................................................................................2

REFLECTION
It is part of report that helps in reflecting on my existing skill and capabilities or
knowledge related to particular field. This reflection is generally prepared with an purpose that
students critically reflect on things that they have learned during their MBA course and while
making the project. MBA is generally stand for business administration so through this course I
am able to gathered information pertaining to the way an enterprise can be started and operated
so that end objectives can be achieved in limited time frame. Likewise, there are lot many things
which I have learnt in MBA program which is crucial for my growth and success like it has
contributed in development of leadership and emotional intelligence skills (Chang, 2019). Such
as I have gained knowledge related to the way new business idea is developed, individuals with
diverse range of believe, skills and values are coordinated to work as team for achievement of
business goals. I have developed the way to communicate with other individuals so that it can
easily understand the same in better manner.
Furthermore, there are numerous things which I have learn during conducting research
related to the project of developing a new business idea that can be successful in Malta. Through
the project I am able to gained knowledge that lot of research regarding external environment
trends needs to done in order to decided particular strategies or starting a business that can
contribute in earning maximum return. For pursuing the project, I have analysis existing market
condition of Malta which helps me understanding that starting a new restaurant business that
provide local cuisine, organic and more health products will be more fruitful in attracting diverse
range of people in limited timeframe for maximum outcome. Through the research I get to that
there are two methods through which data can be collected that is primary and secondary.
Primary is an method in which interview of respondents is taken in order to know about their
respective points of view (Lousberg and et.al., 2020). On contrary note, secondary data
collection involves use of books and articles or journals to collect data related to particular topic
so that necessary information can be derived. The project helps me in knowing my one of the
strength that is better command on digital technology which helps in collecting data in limited
timeframe from different sources.
I have tried or emphasised on collecting data from more reliable, accurate sources so that
correct information can be collected and interest individuals can easily trust the same. Online
sources have also been used to complete the dissertation or conduct business research. Citation