Business Proposal and Research Plan
The UAE society has made great contributions towards the support of charity and humanitarian work at local, regional, and international levels (Walker, 2007). Over the last few decades, the country’s rulers have established several charitable organizations. The Emiratis believe that charity and volunteerism enhances social solidarity and social development.
The government promotes charity work and implements legislations regulating the service to the public (Walsh, 2008). Major charitable work in the UAE is carried out in a conventional manner rather than through online auctioning. Online auctioning has proven to be the best approach for any nonprofit organization aiming to survive and expand its operations in these tough economic times.
An online auction is created purposely for nonprofit companies such charity organizations and learning institutions. This system allows their administrators to access the necessary tools required in planning, building, publish and control an online action.
Problem
As stated above, major charitable work in the UAE is carried out in a conventional manner. In western countries, charitable work has evolved and improved over time. In these countries, charity is subject to social, technological, and economic factors unlike in the UAE. As such, charity-funding organizations have diversified and enhanced their efficiency.
The internet has revolutionized how charity work is being carried out. Internet auctions have increased the organizations’ revenue. With live auctions and online auctions for charity work, everyone can be able to participate.
These ideas are worth studying because they will increase the revenues earned by charity organization and ensure that more needy people benefit from the program. The findings obtained from this study may be used in improving the charity work in the future.
Literature review
Charity organizations are always on the lookout for new ideas that will improve their efficiency. In the past few years, online auction has enabled more of these organizations to reach out to new donors and reduce on their operation cost. Activities on online auction are similar to the activities carried on contemporary auctions. However, with online auction all the activities are carried out via the internet (Elliott, 2000).
Instead of potential buyers travelling to the auctioning point, online auction offers them an opportunity to log into their website and place their bids for the items being sold. On the web, they can access the pictures of the items.
Through a tool called proxy bidding, a potential buyer is able to enter his or her bidding price. After several bids are placed on an item, the highest bid will be selected for consideration. Whenever a bidder is out-bided, an email notification is sent to her or him. Through this, he or she is allowed to enter another bid.
Members of the group and their role
Four students will undertake this project. Listed below are the individual responsibilities towards the achievement of the project objectives.
Student 1
Student no 1 will be is mandated to plan the overall approach. The student will determine the size of our action, and strategize how the charity work will fit together with other fundraising strategies.
Student 2
Student 2 will acquire the items to be auctioned. Considered that successful auction necessitates competitive items, the student will be required to find these items by networking with potential customers, donors and other relevant stakeholders.
Student 3
Student 3 will reach out for the participants. The student will be required to market the program through emails and social media. Notably, the success of the project heavily relies on the student because marketing is a key facet of online auctioning.
Student 4
Student number 4 will search and acquire online auction software. Currently, there are several companies offering online auction software. The student will search for the most appropriate software that will ensure that the project attains its objectives.
Objectives
In the project, we aim to integrate new ideas in charity auctions in the UAE in a different way to raise millions for an aid organization. Aid organizations are increasingly looking at new ways of making money, and there is a variety of alternative funding streams being used as a growing source of finance.
With respect to our project, new, expensive, prestigious, and the first cars in the UAE will enter the live auction to be auctioned to the highest bidder. All the prestigious car dealers participating in the charity auction will receive the appreciation of supporting charitable work in the UAE from the society and government. Automobiles will be from the donors.
We will collaborate with some restoration centers to renovate the vehicles free of charge. Similarly, donors can contribute cash and that will used to buy another property to be auctioned.
As a gift, the participants will be offered a chance to enjoy an exclusive visit with leaders in the UAE, actors, musicians, athletes. We offer everyone the opportunity to participate, and all it takes is an AED50 or AED 100 donation. In all the transactions, Government fees will be exempted from all transactions.
As stated above, if live auction and online auction is integrated into charity work, everyone will be given a chance to participate in this noble work. Therefore, the chief aim of our business is to improve the performance of charity work by incorporating live action and online action in the work.
As a substitute to offering once-in-a-lifetime chances for the wealthy donors to contribute through live action, online auction will allow everyone regardless of his or her social class to donate. Through this approach, we aim at changing how charitable actions are carried out in the UAE.
This project would be very useful to the community. Because the project aims at improving the efficiency of charitable works, the community will benefit immensely as the amount of donors increase. Therefore, we are requesting financiers to support our project because through it the community will benefit.
Data collection methods
Data collection methods are an important aspect of the research. For this study, the data method will be field research. This method entails acquiring data from secure and reliable government sources, face-to-face interviewing, and questionnaire. Existing online auction organizations will provide the researchers with crucial information such as the present and the past financial statements.
Through this, we will be able to determine the feasibility of our project. The face-to-face interview will require a participant to question auction managers in person to collect their personal views. During the interview, the contributors will be asked to detail management and production orientation perspectives.
Equally, questionnaires will be used to collect information from the participants. Questionnaires will be appropriate because some participants might not be comfortable to detail some of information during a face-to-face interview. Reanalysis of related research will also be a utilized method of data collection.
Challenges
During our research, ethical considerations related to privacy and confidentiality will be upheld. However, if issues related to research ethics arise research leaders should follow these certain steps to address them. They should identify the issues and the parties, identify the options, and consider the consequences, analyze options, and act with commitment.
Analysis
After the data are collected from the field, they will be compiled into an excel spreadsheet. Later SSPS software will be used to make tables, charts, or distribution plots. Thereafter, the data will be analyzed for accuracy. From these results we can be able to project on our future performance.
Similarly, through the data we can be able to identify the potential challenges and how to overcome them. Through the initiatives, we will not only be able to ascertain the success of online auction in the UAE, but also come up with a feasible plan for our project.
Schedule
The Project will be completed probably by June of 2014. By mid 2014 with the research portion will be in its final stages. By January 2014, research and preliminary draft will be completed. A final draft will be completed the summer of 2014. We will meet at the end of every week to discuss about the progress of the project. Below is the comprehensive time schedule for the project.
Budget
External financiers will fund the research. It is assumed the major expenses will be towards personnel, fare, and tools used in data collection. It is estimated that the project will cost $ 2000.
References
Elliott, A. C. (2000). Getting started in internet auctions. New York: Wiley.
Walker, J. (2007). Oman, UAE & Arabian Peninsula (2nd ed.). Footscray, Vic.: Lonely Planet.
Walsh, J. (2008). UAE. London: Kuperard.