Planning important dates Funding The core business of recreation organisations is the organisation of events, programs and activities for the enjoyment of its members or customers. In profit-oriented organisations such events, programs and activities are generally fully funded by the participant. The total fees paid by participants covers all the delivery costs of the event i. If the fees set by the recreation organisation do not cover all costs, the business will make a loss.
Every business model requires them, and it is only through them that companies generate Value Propositions and Revenues. Key resources can be physical, financial, intellectual, or human.
A microchip manufacturer needs capital-intensive production facilities, whereas a microchip designer depends more on human resources. Key resources can be owned or leased by the company, or acquired from key partners. Key Resources can be categorized as follows: Physical Physical assets such as manufacturing facilities, buildings, vehicles, machines, systems, point-of-sales systems, and distribution networks come into this category.
Large retailers like Wal-Mart and Amazon. Intellectual Under intellectual resources come brands, proprietary knowledge, patents and copyrights, partnerships, and customer databases.
All are increasingly important components of a strong business model. Intellectual resources take time to engender and develop.
Consumer goods companies like Nike and Sony rely heavily on their brands. Microsoft and Adobe depend on software and related intellectual property that is continually being developed.
Qualcomm, a supplier of chipsets for broadband mobile devices, built its business model around patented microchip designs that now earn the company substantial licensing fees.
Human All enterprises need human resources, but those resources are particularly prominent in knowledge-intensive and creative industries.
A pharmaceutical company relied heavily on human resources: Ericsson, the telecom manufacturer, will opt to borrow funds from banks and capital markets, for example, using those funds to provide vendor financing that in turn ensures orders are placed with Ericsson rather than with the competition.
Relevant Case Studies Google used customer data collected from search engines and its Analytics program to develop its Ad service. GlaxoSmithKline monetized unused internal assets as a patents pool on neglected tropical diseases.
Amazon developed sophisticated technology which it then offered in cloud services. Skype employed largely free resources to undercut telecom prices. EasyDiagnosis employed its medical knowledge to create an online medical diagnosis expert system.
Aurora Health Care analyzed its medical records with business intelligence systems to offer a superior service. What are key resources?
Name the four types of key resources.
Briefly describe three case studies illustrating the importance of key resources. What happens when key resources are not properly matched? What key resources are used in selling content?
Sources and Further Reading Need the references and resources for further study? It includes extensive 3, references, plus text, tables and illustrations you can copy, and is formatted to provide comfortable sequential reading on screens as small as 7 inches.Plan the use of physical resources 2.
Obtain physical resources 3. Ensure the availability of physical resources 4. Monitor the use of physical resources This standard is aimed at people working in management or development at middle manager level.
Manage the use of physical resources 2. Healing Touch Massage physical therapy massage business plan executive summary. Healing Touch Massage, an established in-home business, will open an office downtown, seeking to acquire clients in the medically-required, insurance-paid massage market niche. Physical Resources Whether a small home business or a retail operation with multiple locations, every organization must have the appropriate physical resources to survive.
Issues to address in preparing the operational plan. Physical resources; Planning important dates; Funding. The core business of recreation organisations is the organisation of events, programs and activities for the enjoyment of its members or customers.
In profit-oriented organisations such events, programs and activities are generally. A crucial step in business planning is identifying the business resources you will bring to the venture and those you’ll need to acquire.
and cash to meet your capital expenses will need to be detailed throughout your business plan. These types of resources allocation plans are what your potential investors and business partners are going.
Chapter 13 Physical Chapter 13 resource Chapter 13 requirements Chapter 13 examines the ranges of physical resources which may be required in order to operate a business, e.g.
plant and equipment, furniture, office machines and computers, stock, delivery vehicles etc., and the way these are purchased from suppliers and financed, the timing of.