For this purpose, I have come up with a new business idea of MOTOTAXI service that aims to target people who prefer convenient, efficient & effective means of transportation that not only take them to their destinations but also saves their time, money and headache of driving or waiting for public transport such as underground railway system, taxis, rickshaws and cabs.
Mototaxi is a simple motor cycle branded as a taxi. It is made for one passenger only (either man or a woman) and it mainly targets middle class and lower middle office going employees, sole proprietors, doctors, lawyers, teachers, students and individuals etc aged between 16-45 years. The reason for choosing this market segment is because of the fact that they like to save money, are interested to reach their destinations in time, prefer secure, convenient and quality transport accessible at any point and any location with less of a hassle. Almost 50 moto taxis of cost 2,500$ will be introduced in the initial stage of this business venture that will be increased gradually after analyzing the customer response and growth opportunities in the market.
First, we will use a Fleet Management System to keep track of all the MotoTaxis across the city areas. This system will enable the company to run all its business operations such as number of available orders from our clients, the number of available drivers and their bio data, arrivals and departures of taxis and others.
The second type of technology that we are planning is to use radio so that all the moto taxi drivers will remain connected (with each other) with our 24 hour call center at all times. This would enable the company to ensure transport services to the clients in areas where we are not operational but where a moto taxi can pick the customer from the nearest spot. Our call center will operate through special software to manage the calls and short messages (sms) from clients and will also be linked to ...
Cite this document
(“Entrpreneurs ( management ) Essay Example | Topics and Well Written Essays - 3500 words”, n.d.)
Retrieved from https://studentshare.net/miscellaneous/391022-entrpreneurs-management
(Entrpreneurs ( Management ) Essay Example | Topics and Well Written Essays - 3500 Words)
“Entrpreneurs ( Management ) Essay Example | Topics and Well Written Essays - 3500 Words”, n.d. https://studentshare.net/miscellaneous/391022-entrpreneurs-management.
Along with the management skills, managers should possess some degree of technical skills (i.e. help wait on tables, occasional food preparation etc in the chosen case study) to manage employees and their problems in an effective manner (Basic Skills for Project Managers).
This implies that a supervisor is competent by training/experience, to handle the work of a subordinate or a group working under him. Supervisors are used at all situations where a group of people and their work needs to be controlled. Supervisors can be found in all functions of an organization like design, manufacturing, administration, purchase and stores, marketing etc.
After researching on the product market, the entrepreneur then goes on to establish the business enterprise. However,the strategies used in running the business determine its success and survival in the market.This is dependent on the management theory used by the business.
And companies are gaining competitive advantages and saving their resources by outsourcing their needs. The responsibilities of the management increase when they decide for outsourcing. This paper also outlines the
One of the major strengths of the organization is the fact that it accumulates all the necessary factors to propel an individual in the front. The university is prone to focus on preparing graduates for higher level education which gives them a holistic
anizing, selecting and involvement of the best qualified staffing and the ability to lead people, each organization has chances to achieve the best outcomes as for the itself as for the stakeholders involved. Proper management ensure setting of such activities as planning and
as many leading hospitality organisations like Hilton hotels, Marriott international, Intercontinental and many other four or five stars hotels, serving the international and domestic travellers with higher quality and support. It has been observed that the firms are providing
8 Pages(2000 words)Essay
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Essay on topic Entrpreneurs ( management ) for FREE!