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Business Startup: Write A Plan

Your text here The document discusses key concepts for starting a business, including writing a business plan, finding investors, conducting marketing research, and setting business goals. It also defines important terms like management, society, and values that are relevant for business management.

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0% found this document useful (0 votes)
48 views56 pages

Business Startup: Write A Plan

Your text here The document discusses key concepts for starting a business, including writing a business plan, finding investors, conducting marketing research, and setting business goals. It also defines important terms like management, society, and values that are relevant for business management.

Uploaded by

Arvin Rescator
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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SOCIETY
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ETHICS
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MORALS
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Society’s Values Definition of Terms

and
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Management
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Benefits of Values
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Conclusions
BUSINESS STARTUP Definition of Terms
Write a Plan

MANAGEMENT
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*“Management is the process of involving planning, Find Investors


organizing,
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*The Oxford Dictionary defines management as, “the process of


dealing with or controlling things or people”. TheMarketing
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group of people moves in harmony towards the established goals.


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BUSINESS STARTUP Definition of Terms
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BUSINESS STARTUP Definition of Terms
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SOCIETY
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work that needs to be done. All the people in a country, or in
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can belong Set Business Goals
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*Cambridge Dictionary
BUSINESS STARTUP Definition of Terms
Write a Plan

VALUES
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*Values defined in Organizational Behavior as the
collective conceptions of what is considered good,
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desirable, and proper or bad, undesirable, and


improper in a culture.
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ideas in the mind of men compared to norms in that


they specify how people should behave. Values also
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BUSINESS STARTUP Definition of Terms
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VALUES
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the system of values by which we live. The philosophy of life
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motivators and justifiers of the actions and judgment”

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BUSINESS STARTUP CONCEPTS
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BUSINESS STARTUP CONCEPTS
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Managers should spend time researching this topic.
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Researchers and managers need to think about cultureType
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holistically and not just focus on one or two dimensions.


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Cultural values are closely related to organizational


commitment. Values explain attitude, behavior,
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perception and is defined “knowledge of anThis individual
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value system can provide insight and they need to fit
well in with the organization (Robbins & Judge, 2013)
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BUSINESS STARTUP CONCEPTS
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Values Defined and The Value System.This is a placeholder. Type
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Can values be classified? There


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are two typologies that have been
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The Rokeach Value Survey (RVS)


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value sets. Terminal vs. Your text here

Instrumental Values.
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BUSINESS STARTUP CONCEPTS
Types of Values Write a Plan
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 Developed by social psychologist Milton Rokeach
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OTHER STARTUP
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 Economic: Values utility and practicality


and emphasizes standard of living.
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 Aesthetic: Values form grace and harmony
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and emphasizes the artistic aspects of life.


 Social: Values love of people and altruism
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BUSINESS STARTUP
Hofstede’s A framework for assessing
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Hofstede’s
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Marketing Research
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BUSINESS STARTUP CONCEPTS
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Schwartz defined
human values as
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goals, varying in importance that serve as guiding principles in
people’s lives.
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motivational goal
1 Self-Direction. Independent thoughts and actions; choosing,
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3 Hedonism. Pleasure and sensuous gratification for oneself.
4 Achievement. Personal success through demonstrating
competence according to social standards. Set Business Goals
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people and resources.
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6 Security. Safety, harmony, and stability of society, or relationships,


Find Investors
and of self.
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7 Conformity. Restraint on actions, inclinations and impulses
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upset or harm others and violate social expectations or norms.
8 Tradition. Respect, commitment and acceptance of the customs
and ideas that traditional culture or religion provides.
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whom one is in frequent personal contact.
10 Universalism. Understanding, appreciation, tolerance and
protection for the welfare of all people and for nature.
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BUSINESS STARTUP
What Do Managers Need To CONCEPTS
Write a Plan
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Regarding Values?
 Perception is “A process by which Find Investors
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their sensory impressions in order
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environment.
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to interpret other’s perception as this


defines their attitudes, personality,
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behavior because they lay the


foundation for the
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understanding of attitudes
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IN MANAGEMENT Find Investors


1. Values give direction and consistency to
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2. Values help you know what to and not to make


time for.
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the world.
4. Values set the direction for one’s life.
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VALUES CO’s
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Educated People
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Fraud ECONOMY
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Poverty Set Business Goals


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Leads to death or diseases
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Uneducated Educated
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Importance Importance
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TRUST AND
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SELF-
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VALUES Set Business Goals


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BUSINESS STARTUP Relevance
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IN AN ORGANIZATION
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organization.
2. Binds people together as a community.
Marketing Research
3. Provides people with a common language. This is a placeholder. Type
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4. Tell people how to behave to achieve the
organization’s vision.
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1. Organizational values are unique to each


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company/institution. This is a placeholder. Type
2. Values should represent the culture of Your the text here

company/institution. It’s okay to be competitive


and profit driven (business). Marketing Research
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about your organizational values and whether


they’re representative of your organization.
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BUSINESS STARTUP RELEVANC
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reasons that underline moral principles. TheseThisare helpful in
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fostering ability to reason when applying these principles. It is
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resolving ethical issues/dilemmas as they arise.


3. Knowledge of values will help managers in setting highly
Set Business Goals
responsible tone for the organization - in individual judgments
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and decisions whether ethical or not.
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IN MANAGERS Find Investors


4. The study of business ethics provides conscientious
managers with morally responsible approach to business. The
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need for responsible manager is acute as questions of business
ethics cannot wholly be determined by law and government
organization but must remain the concern ofMarketing
individual Research
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manager. Your text here

5. It helps manager to realize their social responsibility. Many


organizations find it wise to go beyond their primary mission
Set Business Goals
and take into the needs of the community. Business ethics
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managers more accountable for social responsibility.
BUSINESS STARTUP RELEVANC
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IN MANAGERS Find Investors


6. Business ethics create awareness of social and moral values
through education because erosion of essentialThisvalues and
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increasing cynicism in society as leading to violence,
superstition and fatalism.
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managerial conduct and decision- making.


8. Business ethics improve the skills of reflective managers both
Set Business Goals
in analyzing concrete moral issues and in deliberating andType
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deciding upon strategies for solving moral dilemmas.
BUSINESS STARTUP RELEVANC
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involved in making decisions on a daily basis.


1. The first step in creating values alignmentFind
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values of their organization.
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The decisions we make are a reflection of our personal and
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organizational values.
When the values of an individual are the same as the values of
Set Business Goals
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BUSINESS STARTUP Benefits
Write a Plan
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IN MANAGEMENT Find Investors


• Provides good basis to management for
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better business decisions.


• Improves provided services to Marketing
partners/ Research
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customers real needs. Your text here

• Facilitate innovation to support organization


competitiveness. Set Business Goals
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• Good knowledge of business/ organization


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of teamwork.
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• Commitment from partners/customers and
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stakeholders.
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BUSINESS STARTUP Conclusions
What can Write a Plan
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Managers Find Investors


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Work Set Business Goals


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About
BUSINESS STARTUP Conclusions
Write a Plan
Managers need to use “Self-Monitoring” at work.ThisBut, People
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should also use this outside of work as well. This skills can be
useful tool to gain success, make friends, encourage
Findemployees,
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Self-Monitoring is a term used to “Think before you speak”. People
who are unable to do this would be unable to judge their
environmental surroundings enough to adjust their behavior
Marketing in
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Evidence that someone has the attribute of self-monitoring would


include better performance ratings, more mobile in their personally
and professionally life, and more likely to haveSet Business
positions in Goals
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management (Jugde & Robbins, 2012) Your text here
BUSINESS STARTUP Conclusions
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involved in making decisions on a daily basis.


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1. The first step in creating values alignment is to find
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2. The second step is to find out how employees


perceive the values of their organization.
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and organizational values.
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BUSINESS STARTUP Conclusions
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importance.
 However, to be successful in an organization,
Find Investors managers
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of the organization’s culture.
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consistency in making decision and relationship with
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