PPDI5039 - Survease Business Plan: Entering the UK Market

Verified

Added on  2024/06/11

|10
|1998
|153
Report
AI Summary
This business plan outlines Survease's strategy for entering the UK market, focusing on addressing privacy and security concerns. Survease, an Estonian organization specializing in customer feedback and survey tools, aims to expand its services to the UK. The plan identifies the lack of robust privacy and security measures as a significant challenge due to the prevalence of hacking threats. To mitigate this, the plan emphasizes the development of managerial skills, including team building, communication, motivation, and technical expertise, through activities like learning contracts and superior feedback. The plan incorporates market research using qualitative and quantitative methods to gather relevant data and inform decision-making. A detailed timetable is provided for project implementation, covering formulation, planning, research, methodology, analysis, and implementation phases. The learning contract is a key element, designed to enhance employee knowledge and skills in addressing security vulnerabilities and ensuring the successful adoption of Survease's services in the UK market. Desklib provides access to similar business plans and solved assignments for students.
Document Page
PPDI5039 – Business Plan
1
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Table of Contents
Section 1: Student and Course details........................................................................................3
Section 2: Focus.........................................................................................................................3
Section 3: Justification...............................................................................................................4
Section 4: Methods.....................................................................................................................4
Section 5: Timetable..................................................................................................................5
Section 6: Evidence of accomplishment....................................................................................6
References..................................................................................................................................9
Appendix..................................................................................................................................10
2
Document Page
Section 1: Student and Course details
Section 2: Focus
The current business plan is based on Survease organization which is located in Estonia but
wants to start its business in UK market. In the present time, this organization is facing
various problems because of lack of privacy and security tools which might affect its business
expansion in UK market.
Aim/Problem statement
The poor access to privacy and security tools is a major problem of Survease which will
create a huge problem for the organization while entering into UK market because there are
so many hackers which can hack the software and survey tools of organization.
For having making effective and successful business plan, the manager has to take help of
different methodologies and activities which also helps in resolving business problems. The
Survease is a most popular organization which helps other organizations in interacting with
customers, feedback analysis and conducting customer surveys (McKeever, 2016). For
resolving work-based problem Survease will build a portfolio of evidence in which it will
include learning contract which will help employees in getting enough knowledge about
privacy and security options so that organization can protect its tools from outsiders of
hackers.
For making a successful business plan, managers of Survease need to develop some effective
skills which related to current work-based problems so that he can easily solve the business
problem (Neuman, 2013). For resolving the business problem, managers have to improve
below-mentioned skills:
Team building skills: The manager can solve the work-based problem only if he has effective
team building skills. Without consulting and cooperating with team members, the manager
can never find a suitable solution for the current business problem.
Communication skills: With the help of communication skills manager can resolve the work-
related problem. For example, if employees and manager will communicate with each other
then they can easily find solutions regarding the business problem.
3
Document Page
Motivation skills: The development of motivation skill will help the manager in encouraging
employees for finding the options for privacy and security problems.
Technical skills: For removing the work-based problem in an appropriate manner, the
organisation needs to organize training event in which managers and employees will get
knowledge about digital technologies so they can protect and secure the business tools.
The Survease is service provider organization which develop different tools so that other
organization can easily collect, understand and act on the feedback of their customers. In the
present time, this organization wants to expand its business in the United Kingdom but
because of privacy and security concern, it is not entering into that market because that is full
of hackers (Schumock and Stubbings, 2013). But with the help of effective and systematic
business plan, Survease can easily resolve its business problem in an appropriate manner.
There are various methodologies and activities like learning contract and superior’s feedback
which helps in implementing business plan successfully. Apart from this, qualitative and
quantitative research method also helpful in collecting valid data or information by which
effective decisions can be made in the context of the business plan.
Section 3: Justification
By going through this business plan, I can develop various managerial skills which can help
me in my future professional life. The Survease is facing various problems because its
privacy and security options are not upgraded and also its staff members do not have enough
information about new technologies by which they can secure their business tools. The
accomplishment of business objectives is highly important for me because it will help me in
becoming a successful business manager (Silverman, 2016). By going through the business
project I have improved my communication, team building, and motivation skills because of
high cooperation of my team members. I have realized that with the help of different methods
and activities people can solve their business problem and also can develop a successful
business plan (Terpstra, et. al., 2012).
Section 4: Methods
It is very much important for Surveaseorganisation to do market research for identifying
important data and information that assist to achieve high success and growth in the new
marketplace. UK market is big where people are so demanding by doing market research
4
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
organisation can easily attain the better result. There are different research methods such as
descriptive, explorative and participative through which researcher can gather relevant and
accurate data (Weber, 2017). By using explorative research method Survease can explore
new things that assist to generate high income and profitability in UK market (Taylor, et. al.,
2015). Quantitative, qualitative, secondary and primary methods are some research methods
that help to collect new information and data about technology that can affect sale and
revenue of the company. With the help of research company can easily resolve a different
problem such as privacy and security issues which can impact negatively on the profitability
of Survease (Silverman, 2016). Research assists the organisation to find out a proper solution
to reduce the work-based problem that can influence negatively on business activities.
Section 5: Timetable
To implement project plan off to enter into UK market Survease organisation need to create
proper timetable according to which entire task and activities will be performed. There are so
many issues faced by this organisation to enter into UK market because of poor technology
knowledge of employees that arises privacy and security issues (Taylor, et. al., 2015). It is
very much important for Survease to do proper research before entering into new market
according to the timeframe as there are various factors that can influence the profitability of
the company. With the help of suitable timeframe organisation can eliminate unwanted
activities and issues that create barriers to enter into the new market (Neuman, 2013). In
timetable, all the activities and task included by the organisation to achieve desired outcomes
and success in today’s tough competitive marketplace. It is necessary for the researcher to use
timetable while collecting relevant data and information to examine the factors that can affect
the profitability of Survease in UK market.
Activity Start time End time
Formulation of business plan 1 June 7 June
Planning 8 June 14 June
Research 15 June 22 June
5
Document Page
Methodology 23 June 26 June
Analysis 27 June 28 June
Implantation 29 June 30 June
June
Activity 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
Formulation
of business
plan
Planning
Research
Methodology
Analysis
Implantation
Section 6: Evidence of accomplishment
A learning contract is a kind of documentation or agreement which prepared between a
learner and supervisor for a project. This will be going to support a person for modifying
their behaviour and thinking style. This learning contract is based on the work-related
problem of Survease.com which works for collecting data and information from their clients
and response on their feedback. A major issue which will be going to face by the company
while enter into UK market simplify as “hacking”. The company does do not have
appropriate privacy tools and techniques through which such dealing could become possible.
6
Document Page
With this learning contract, the company will be going to craft certain aims and objectives.
With this aspect, they will be going to evaluate such kind of issue in determining the manner
by providing proper training to employees. With this learning contract, certain things get to
learn which describe as following and have to understand by supervisor and employees:
With this learning contract, company employees will be going to learn about potential
problems which might impact on business activities. Concern issue for Survease.com is
hacking due to lack of better security features. Thus, with this learning log, this issue will be
going reflected.
This get learns by crafting aims and objectives. Thus, learning contract enables in defining
each and every pro as well as a con of the project. Survease.com includes all these things in
this learning contract so that employees will understand its benefits.
Following are specified objectives as per concern topic through which define outcome would
be asses better:
o To identify major causes behind hacking
o To develop a better system for resisting hacking
o To maximize system efficiency in order to enhance better security features
These objectives and activities need accomplishment on define time. Thus, there are various
activities will be going to create which assist in completing the project.
o Creation of aims and objectives will be going to take 2 days
o Determination of effective methodology will take 3 days
o Justification activity for resourcing such techniques will take 5 days
o In order to choose a suitable method, this will be going to take around 7 days
o In dividing work or timetable formulation for concern project is of 10 days because proper
assessment is a must
o In order to collate evidence for defining the project, this will take 5 more days so that proper
formulation gets done.
7
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
With a proper assessment of activities, it clearly gets interpret that project outcome of
Survease.com has been accomplished.
To define learning from this contract a practical assessment and examination perform by
external stakeholders. They will be going to signify with an examination that employees
learnt about hacking or not and proper installation of security features installed or not.
All essentials already included in the learning contract. With this contract, employees will be
going to take proper study regarding hacking and become able to control that as well. Thus,
proper assessment of things went done effectively with learning log so that proper assessment
and better training get provided.
(Source: Learning contracts, 2014)
8
Document Page
References
Learning contracts, 2014. Best of bilash. [Online] Best of bilash. Available at:
https://sites.educ.ualberta.ca/staff/olenka.bilash/Best%20of%20Bilash/learning
%20contracts.html. [Accessed 26th June 2018].
McKeever, M., 2016. How to write a business plan. Nolo.
Neuman, W.L., 2013. Social research methods: Qualitative and quantitative approaches.
Pearson education.
Schumock, G.T. and Stubbings, J., 2013. How to Develop a Buiness Plan for Pharmacy
Services. American College of Clinical Pharmacy.
Silverman, D. ed., 2016. Qualitative research. Sage.
Taylor, S.J., Bogdan, R. and DeVault, M., 2015. Introduction to qualitative research
methods: A guidebook and resource. John Wiley & Sons.
Terpstra, V., Foley, J. and Sarathy, R., 2012. International marketing. Naper Press.
Weber, M., 2017. Methodology of social sciences. Routledge.
9
Document Page
Appendix
10
chevron_up_icon
1 out of 10
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]