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3. Study your role and get ready to present it:

Roles 1, 2. You are a businessman who wants to set up a PR-agency and his partner. Try to persuade the bank managers to invest into your project.

Details of the business: a PR-agency (think of the name), partnership.

Some details of your business plan:

A businessman: fourteen years experience in UK and European Public Relations and a huge base of media contacts in diverse sectors.

His partner: a chartered accountant with ten years experience in both the public and private sector, specialized in start-ups, mergers and acquisitions.

Personnel

Six full-time PR-agents, two account managers, one personal assistant to do secretarial work and general office administration.

Services

Your agency will offer a broad range of Public Relations services, including: Media Relations, Digital PR, Technology PR, Product Launches, Media Training (Maximize your effectiveness in Media Interviews, Press Release Development and Distribution.

Financial Condition

You have 50 % of the necessary money (think of the sum).

Roles 3, 4. You are PR consultants. You come to the bank with your future employers to convince the bank managers that the company has a high potential for profitability.

Possible arguments

  • If a company claims (for example, by means of advertisements), "We are the best!", then this is advertising. On the other hand, if others say, "They are the best", this is then a result of good PR, and it is the task of a PR-agency to create good PR for its customers.

  • Effective communication is a cornerstone to success in business.

  • The goals of press work are the communication of information without directly advertising. A large proportion of the population reads newspapers and magazines, watches TV, listens to the radio or surfs the Internet. If products or services are mentioned repeatedly in these forms of media, they become engrained in the audience's memory. And if you control this process, your organisation can, over time, establish a positive image and a high degree of recognition.

  • In order to achieve the goal of communicating information and establishing a positive image, you should have a strong, professional partner at your side.

Roles 5, 6. You are Bank Executive and Credit Manager of the Bank. Before making a decision about the investment, remember that an investment in a start-up company is risky unless you approach the process with great care.

A good way to evaluate a start-up is:

  • to evaluate the character and experience of management,

  • the potential for profitability,

  • the future of the industry and the financial condition of the company.

In the end make a decision on the loan.

Unit 3. Spending on Education

Role play “A Government Session on Education BudgetExercise 17, page 27.

1. Read the situation:

Indian Government session, dedicated to budget forming.

Minister of Human Resource Development, his Deputy and Minister of Science and Technology require more spending on education, so does President of Students Federation of India. Minister of Finance and his Deputy defend tight budget.

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