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Chapter 1: Setting Up A New Enterprise (Page 13-15) - Coggle Diagram
Chapter 1: Setting Up A New Enterprise (Page 13-15)
consists of
The Enterprise Process
consists of 6 processes
Action Planning
entails
considering costs and financial capability
breakdown goals to manageable tasks
Efficent allocation of resources
setting appropriate milestones
Implementing the plan
requires
frequent reference to milestones and problems identified
fast and flexible reaction to unexpected issues
efficient and lawful conduct of activities
Exploring Creative Solutions
by
evaluating creative & innovative ideas
using
mind map
Monitoring Progress
requires
constant surveillance and evaluation of progress
immediate solution / changes for unmet objectives
Identifying the problem, need, want
by carrying out
Thorough market research
suitable risk assessment
group discussion / brainstorming
identify skills required
Evaluating Successes and Failures
involves
reviewing outcomes
against
expected achievement criteria
assessing and reflecting
on
skills and attitude gained
lessons learnt