Question
I already give all reference I have, do not ask me for more, or tell me what you want, do not just leave a reference
I already give all reference I have, do not ask me for more, or tell me what you want, do not just leave a reference , I dont know what you want!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
QUESTION: base on the following following information, make a balance scoredcard for the business idea.
Important: I am not looking for the explaination for the scoredcard.
These are all information of the business idea, there is no more reference. The business is just Fictional, not a real one.
Do not ask for more reference, that's all !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
It is fine to add some thing fictional
Business Idea:
Creating a company that will offer door to door delivery service. We hope to focus on fast and convenient medium and short distance delivery, including items and pets. People only need to put forward their demand online, and we will collect the goods and deliver them as soon as possible.
Mission Statement: Our mission is to offer an online door-to-door delivery service by offering the fastest and most convenient service to the our consumers with just one click.
Internal Environment
Maintenance of vehicles - I will need vehicles for my delivery services and this needs regular repair and maintenance.
Employee skills - One of the needed skills that is needed in a delivery service should be driving skills, good in direction and has time management. These skills are needed so that items that needs to be delivered, will be delivered on time.
Insurance - I might want to consider if I will put an insurance on your delivery services. It will attract more customers as they can be assured that items are secured and safe.
Delivery Tracking or GPS - One of the advantages that delivery services can offer is that the sender and receiver of the package can track the location of the package.
Online placing of delivery request - It is more convenient to place delivery request online rather than placing a call.
External Environment
Traffic - One of the external environments for a door to door delivery service is the traffic condition of the area as it will affect the estimated time on when you can deliver your services.
Vehicle Registration - As a delivery service, I will need to own vehicles, either it's a car or a motorcycle and this needs to be registered and there are costs needed for the vehicle registration.
Knowledge of location - As a delivery service, your company should know your location, the routes, traffic, shortcuts and detours that I can use and take advantage of for my delivery services.
BCG MATRIX
Stars:
- Grocery and milk delivery servicescan be classified as stars since it has been in growing demand for the past few years.
- Food delivery serviceshave been in rising demand among the teen and youth.
- Pet food delivery and pet deliveryis also amazing business opportunity with huge growth opportunities in this sector.
Cash Cows:
- Vegetable delivery servicescan be classified as cash cows since during the pandemic people have become reluctant to go out for vegetables or grocery shopping, but on the other hand, people will prefer buying fresh vegetables since they have started becoming more health-conscious. Thus, even if vegetable delivery has a fair level of market share, it has no growth.
Question Marks:
- Theconfectionery delivery servicesare having a huge growth and can be classified as question marks.
Dogs:
- Plastic packing unitof a delivery company can be categorized as a dog since such packaging is in a declining stage due to environmental awareness among the customers.
- Deliveries of products made from synthetic fiber; edible products that are artificially flavoredcan also be classified under the dog category due to the falling demand for such products in the market.
BUSINESS CULTURE
The culture for our business organization would be one that is based on trust, respect, teamwork, shared values, beliefs, and behaviors of the employees within that business. We would foster an environment where employees are encouraged to share their ideas and suggestions and are rewarded for their hard work. We would also emphasize customer service, and work to ensure that our customers are happy with the service they receive.
Trust is important in any business organization, as it builds the foundation for strong relationships between employees and management. In our organization, we would foster a trust-based environment by being honest with our employees and by expecting them to be honest with us. We should also be transparent in our decision-making and would communicate openly with our employees about our goals and objectives. Respect is another key ingredient in our culture. We need to show respect for our employees by listening to their ideas and suggestions, and by providing them with the resources they need to be successful. We would also respect our customers by providing them with quality service and by treating them with courtesy and respect. Teamwork is essential in any business, and we would emphasize teamwork in our organization. We would encourage our employees to work together to achieve common goals, and we would reward them for their teamwork. By working together as a team, we can achieve more than we could individually.
product
A product is a good or service that a corporation provides to clients; the service should either meet an existing consumer demand or be so compelling that consumers believe they need it, thereby creating a new demand. The sort of service also influences how much a company can charge, where it should be located, and how it should be promoted in the marketplace.
Price Marketers must link the pricing to the service's true and perceived value, but they must also consider supply costs, seasonal reductions, and competitors' prices when setting the price. Marketers must also decide when and whether discounting is necessary. A discount may attract more clients, but it may also give the impression that the service is less exclusive or luxurious than it was when it was priced higher.
Place When a company decides where to sell a service and how to deliver it to the market, they are attempting to determine where they should sell the service and how to offer it to the market. Business managers ultimate goal is to bring their products in front of the customers who are most likely to buy them.
promotion
Advertising, public relations, and promotional strategy are all examples of promotion. Promoting a service's purpose is to show customers why they need it and why they should pay a given amount for it.
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