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Business Proposal for Proposed a New Product in the Market Named as TECTEL - Term Paper Example

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The paper contains a business proposal for a new product named as TECTEL. It is a California-based company that has invented a new device in the market with a sensor device which detects the presence of an intruder about two hundred meters away from the house, known as the I-sensor device. …
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Business Proposal for Proposed a New Product in the Market Named as TECTEL
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I-sensor (intruder sensor device) will run on a broad level of production. This will enable the creation of more industries to increase the knowledgeability of the product among its consumers in the market (Holtz, 1990, 57). The number of workers ought to be standardized in order to allow the creation of more products for sales. This will ensure that the I-sensor machine dominates the market for a long time, thus; more sales for the product. The market size should be able to participate rapidly with the existing market as well as large enough with an opportunity to establish them.

Most markets investors, shareholders and senior managers are often skeptical to invest resources because, since the markets do not yet exist, the markets may be too small, or not exist at all. The team requirements for I-sensor will be should aim at working achieving the main objectives of the TECTEL Company. Therefore, there should be the inspiration team carries out activities that create an effective atmosphere amongst workforces. The group’s tasks can incorporate actions such as hosting servant lunches, planning association picnics, fundraising for poor workers, and fundraising for philanthropic causes.

The safety and ecological group ensure the security of workforces in the workplace. The team takes the lead in security teaching and how to use the I-sensor, scheduled safety conferences, and the reviewing of maintenance, safety, and office union. The employee wellness team emphasizes on health and suitability for all employees (Holtz, 1990, 77). Culture and Communication Team works to describe and generate the defined company culture required for the accomplishment of your organization. According to Holtz, (1990, 102), the team also nurtures dual communication in your business to guarantee employee participation up to the chain of command.

The team may champion the monthly bulletin, a weekly company appraise, quarterly employee gratification surveys, and an employee proposition process. Start several company teams, such as these, and support their triumph.   

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