WEEK 5-3

I. MINUTES OF THE MEETING (MEETING SUMMARIES)

DATE: April 2, 2022

TIME STARTED: 7:06 PM

CALL TO ORDER: A discussion meeting was called to order at the google meet code sop-ihas-cig. It was presided over by Ms. Gheorjette Isla, with Denise Guiloreza as secretary.

ATTENDANCE: Mr. Martin Aranzado, Mr. Nathaniel Deboque, Ms. Denise Guiloreza, Ms. Gheorjette Isla

ABSENT: None

AGENDA ITEMS:

A. Acknowledgement of tasks for this week

1. Business Model Canvas (BMC) Infographic— Key Resources

2. Finalization of Answers

3. Summary of Learnings

4. Minutes of the Meeting

B. Discussion about Key Resources

1. Our key resources rely on human resources because the service we provide is an e-platform where civil engineering students can engage with one another.

2. E-platform is required for our value proposition.

3. The major resources we should have to reach markets and maintain relationships with customer segments are social media accounts and email.

4. Mobile payment account is needed in earning revenue.

C. Distribution of duties to members of the group

1. BMC Infographic Update was tasked to Mr. Aranzado

2. Finalization of Answers was assigned to Ms. Isla

3. Summary of Learnings is to be done by Mr. Deboque

4. Minutes of the Meeting will be handled by Ms. Guiloreza

ADJOURNMENT: Meeting was adjourned at 9:00 PM by Ms. Gheorjette Isla

Prepared by:

Denise Guiloreza

Secretary

II. WHAT HAVE WE LEARNED?

This is the 5.3 version of the collaboration. Today we’ve learned about our key resources and we’ve discussed the most important asset that we would need to make for our business model to work.

In our entrepreneurial journey, we've discovered that our websites and e-platforms are critical to the success of our businesses. The e-platforms need a value proposition. This will help the customer choose our services. The major process that we would use to reach our customers and establish a relationship with them is the use of emails and social media accounts. Lastly, to get the income or revenue, we use a virtual wallet as the mode of payment.

We have learned the key resources that we needed to make our business model work. It’s about how you execute the process, accumulating the needs of your target customer, and how you will interact with them.