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Running Head: RESEARCH PROPOSAL 0

Research proposal

Institution

Name

Course

Date

Introduction

The proposal is actually meant to analyze the ways in which the business is actually trying to purchase a new vehicle to be used in the operation of the business. For quite a long time, the business had been having a problem in dealing with the current vehicle because is actually in the competitive world. As a matter of fact, the business needs to run its operation in a smooth way so that it can be able to survive in the market. It is the responsibility of all the businesses to analyze the easiest and possible way of actually increases their returns (Miner, 2015).

Purpose

The additional vehicle is very important in actually reducing the costs of operation in the business. This will generally have an impact of increasing the overall returns of the business. For quite a long time, the business has been incurring unnecessary expenses in the acquisition of a different vehicle from other business units. There are some advantages which accrue to any business which does not hire any kind of machines. For instance; businesses which have their own assets will in the long run cut on the cost of production.

There is an economical reason for actually making that kind of purchase because this vehicle will actually ease the transportation of goods and services to the required destination at the right time without actually going bad as a result of taking long to reach the required place. Analysis has been made to ensure that the proposed acquisition of the new vehicle. It is always very expensive to deal with the hired assets because the maintenance costs are very high since the assets are not actually brand.

The new vehicle will have some advantages in the acquisition of new assets. For instance; the mileage for a new vehicle will be able to enjoy an extended mileage for quite a number for years to come.

Summary

As a matter of fact, businesses are supposed to actually go for the best as it cannot be able to deal with those assets which cannot be able to make them incur costs which would not have been incurred if at all the business had purchased the new vehicle. The business is supposed to accept the acquisition of this vehicle since the analysis has shown that purchase of new asset will have an extended advantages. Since it is the responsibility of any given business to actually increase their returns by decreasing their returns, then they are obliged to make good use of the right procurement (Nunoo, 2014).

From the analysis, it is clear that businesses are in a position to ensuring that they engage in the right business decision in order to ascertain the which business portfolio is going to give the required output level within a very short time. If the business wants to compete with the other rival companies then it must be able to look for ways which can make them move into the next level. Proper research should be done to ensure that they conduct their business in a professional way.

References

Miner, J. (2015). Models of proposal planning & writing. Place of publication not identified: Greenwood.

Nunoo, E. K. (2014). Research Methods and Proposal Writing - 1: A compendium of basic steps in social science research & proposal writing. Saarbrücken: LAP LAMBERT Academic Publishing.