Question: Write a Proposal Document based on the given information: Background : Arabisc Chocolate is a luxury brand that is popular for its hand-crafted and Arabian-inspired
Write a Proposal Document based on the given information:
Background: Arabisc Chocolate is a luxury brand that is popular for its hand-crafted and Arabian-inspired flavours. It was first established in the Kingdom of Bahrain and was co-founded by Jassim Buhayal.
The Future of Arabisc:
The company has expanded over the past 5 years. In March 2019, Mr. Jassim led a two-day tour for the press and social media influencers. This tour allowed the people of Bahrain to have better knowledge of the production of these authentic Arabian chocolates. However, with the growing number of chocolate companies in the country, Arabisc has to think about ways to thrive in the industry. With the help of Tamkeens Enterprise Support System, the owners of Arabisc plan to further expand the business in the kingdom. If Tamkeen grants a 20,000 BD financial support system, how do you think should Arabisc invest on this amount?

Investment Options: Option Cost Benefit BD 5,000 1 hire new employees for the factory Increase production of chocolates per day BD 2,500 2 invest in more research and development Develop new products such as pastries and chocolate drinks inspired with Arabian taste BD 10,000 3 buy out a local competitor like Patchi or Lovely Memories Reduce local competition BD 7,500 4 invest in an existing group of cafes and hotels Become a partner in cafes and hotel restaurants which sell and promote Arabisc chocolates BD 2,000 BD Increase online sales and profits 5 hire an agency to handle the company's website redesign 6 open branches in other areas like mall of Dilmunia and Amwaj BD 10,000 Reach more customers Task: Choose three of the investment options then, write an investment document. In the document, present why you have chosen each option, mention the cost and explain the anticipated benefit. Writing Format: ARABISC INVESTMENT PLAN 1 Rationale 2 Objectives 3 Options, Cost and Benefits 4 Timeline 5 Evaluation Investment Options: Option Cost Benefit BD 5,000 1 hire new employees for the factory Increase production of chocolates per day BD 2,500 2 invest in more research and development Develop new products such as pastries and chocolate drinks inspired with Arabian taste BD 10,000 3 buy out a local competitor like Patchi or Lovely Memories Reduce local competition BD 7,500 4 invest in an existing group of cafes and hotels Become a partner in cafes and hotel restaurants which sell and promote Arabisc chocolates BD 2,000 BD Increase online sales and profits 5 hire an agency to handle the company's website redesign 6 open branches in other areas like mall of Dilmunia and Amwaj BD 10,000 Reach more customers Task: Choose three of the investment options then, write an investment document. In the document, present why you have chosen each option, mention the cost and explain the anticipated benefit. Writing Format: ARABISC INVESTMENT PLAN 1 Rationale 2 Objectives 3 Options, Cost and Benefits 4 Timeline 5 Evaluation
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