1. Individual Section Development Exercise #3
1. INFORMATION RESEARCHER
A. How would you prefer to read and search for information from the above article?
Write in your own words; 75 words minimum.
At first, I check the information that I want to know.
I cannot answer a problem if I don't understand the information that I need.
Next, I find the keyword of the information.
If an article include the same keyword, the information may be written near the
keyword.
In addition, the numbers that written in questions may be hint.
For example, if years written in questions, the information that I want to know is
written near the years in a article.
B. Write 5 major points in the article that are important. Write in your own words; 100
words minimum.
1. Business go through the trouble of constructing a business plan.
The finished report serves as an operational tool to define the company's present
status and future possibilities.
2. It is important that to hire consultants for the process of formulating a business plan.
If it need further help in one area, then seek the assistance of the consultant.
3. Business plan should be attractive and easily understandable for reader.
And it should be strategic.
4. It is important to have a certified public accountant establish your accounting system
before the start of business.
5. It must include any documents that lend support to statements made in the body of
2. your company's business plan.
C. Explain 5 reasons why one should read the above article when preparing to design an
important business plan on any topic? Write in your own words; 75 words minimum.
1. The process of putting a business plan together forces the person preparing the plan
to look at the business in an objective and critical manner.
2. It helps to focus ideas and serves as a feasibility study of the business's chances for
success and growth.
3. The finished report serves as an operational tool to define the company's present
status and future possibilities.
4. It can help you manage the business and prepare you for success.
5. It is a strong communication tool for your business.
It defines your purpose, your competition, your management and personnel.
The process of constructing a business plan can be a strong reality check.
D. Write a paragraph explaining a business situation where a business plan is necessary.
Write in your own words; 100 words minimum.
The process of putting a business plan together forces the person preparing the plan
to look at the business in an objective and critical manner.
It helps to focus ideas and serves as a feasibility study of the business's chances for
success and growth.
The finished report serves as an operational tool to define the company's present
status and future possibilities.
It can help you manage the business and prepare you for success.
It is a strong communication tool for your business.
It defines your purpose, your competition, your management and personnel.
The process of constructing a business plan can be a strong reality check.
3. 2. CONTENT ORGANIZER
A. Explain the overall idea for designing a business plan as is mentioned in the article
above. (50 words minimum)
This article explains importance of planning for a business to be successful and
profitable.
In this article, it will take us through the step-by-step process of developing a
business plan.
So the plan may help us when we start any business.
Not only the plan but also money problem is mentioned.
B. Talk about a business plan that you want to prepare. Explain at least 10 major points
you will include in this business plan of your choice. What will be the purpose of the
plan?
To prepare business, we have many problem.
1. Owner of business should write plan.
2. To seek financial resources.
3. Define a mission.
4. Provide guidance.
5. The owner know the most about the business than any other member.
6. Consultants can be hired to assist us.
7. We can come up with the financial data
8. Mention about management, employees.
9. Seek assistance of consultant.
10. Check market
11. Do research of customer
and so on... those things are all important.
4. C. Write five sentences explaining how a company should approach the design of a
business plan.
For design, to know the market is very important thing.
So we should research general description of your market.
And you plan to suit one's needs. Also, to share the research is important.
To research satisfy the growth of the market, and price your goods or services in the
growing competitive market is also important.
D. Write down five key words and its meaning that you read in the above article.
I think five key words are important.
1. Plan : Topic in the article.
2. Market : To search related market is essential for our business.
3. Resource : We make company when we need it.
4. Mission : We need to decide clearly what we should do.
5. Support : We can't do oneself.
3. PLAN DEVELOPER
A. Develop a short concept map using the Concept Mapping software based on the
article you see above. Pick up the major sentences and make a concept map.
http://www.slideshare.net/tykl94/week6-cmap1
B. Develop a short concept map explaining how the following article is organized.
http://www.slideshare.net/tykl94/week6-cmap2
5. C. Write down the definition of 5 major key words that are used in the concept map you
developed.
・planning [noun]
the process of thinking about and deciding on a plan for achieving or making
something
・downward [adjective]
moving to a lower level
・financial [adjective]
relating to money or the management of money
・insight [noun]
a sudden clear understanding of something or part of something, especially a
complicated situation or idea
・marketing [noun]
the activity of deciding how to advertise a product, what price to charge for it etc, or
the type of job in which you do this
D. Write down three major questions that might explain the major argument or
information in the article you see above.
・Planning is very important if a business is to survive.
・Taking time to create an extensive business plan provides you with insight into your
business.
・ thorough business plan will have the information to serve as a financial proposal and
A
should be accepted by most lenders.