Assessment Task

Assessment Question

• Reflect and critique the lesson as a whole and discuss whether you think the learning outcomes were reached. Substantiate your answer with a comprehensive explanation

Evaluation

Evaluate the effectiveness of the solution in addressing the problem. As evidence write a report which has the following headings? •       Background (include the evaluation criterions used) •       Research methodology? •       Findings? •       Conclusion?

Intend

Project

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Field

Inter urban commuter Bajaj feasibility study Mr. Chala had been overseas for 7 years. When he returned to his home town to live with his family, he decided it was time to go into business for him. His friends and relatives went into great detail about the problem they faced daily in their community, but when Chala looked around himself he saw opportunities everywhere. While away from his country he had studied small business management and felt confident he could be a successful entrepreneur in his own backyard. Using the opportunity study techniques he had learned, he looked around for the most promising opportunities and finally decided on an inter-urban commuter Bajaj business. He figured that the route between Yetebaberut and Tiwan could bear at least one more entrepreneur. The concept was pretty straightforward. His service would be targeted at the commuter, the person without a lot of baggage whose interest was speed, frequency and available space. He intended to keep his Bajaj constantly in motion-departing as soon as they are full. After doing this initial assessment, he had tentatively decided to go ahead with his concept. But he was a long way from putting his or other people’s money on the table. His first task was to evaluate whether the risk involved was worth all the work. There was a great deal of information to research. Instructions Conduct a feasibility study and give advice for Mr. Chala whether to go ahead with this business or reject it Add any other element or information you consider to be of a key importance to the preparation of a business plan. Organize your research team to go and gather information. Gather the information and prepare it in such a way as to present it to the class. The information gathered and your presentation will be judged according to the following criteria; Punctuality in submitting the report Quality and relevance of the information How is the information complete/scope Precision and exactitude of the information Usefulness of the information Presentation of the information Critical information for inter-urban commuter Bajaj business Pick time in each day of the week in which number of customers become high Expected number of people travel between the two stations daily Percentage of travelers without baggage Cost of used Bajaj Cost of new Bajaj Average repair and maintenance cost per year Expense of trade license Estimated expenses for tax; federal, regional (state), Bajaj association Driver salary Average fuel cost single travel between the two stations Average estimated cost needed for spare parts, mirrors and etc. Presence of access of loan for small transport business from banks, Micro finances From where the finance /money can be acquired and in what form?

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