A Business Plans Training Tool Based on the Semantic Web Principles

This paper presents the development of a training tool that enhances and empowers trainees’ ability in developing business projects by preparing high-quality business plans. An ontology-based knowledge network was developed for the semantic representation of the business plans preparation procedure. The model can combine existing multimedia material with ontology constructs in order to build user-training scenarios and satisfy specific training needs. Hence, users are enabled to actively participate in the business plan preparing process, since, they are now equipped with an appropriate tool for acquiring a clear and in-depth understanding of this process, because the training scenarios designed show not only the meaning and the importance of the various business functional plans, but also how they affect each other within a business development project. Knowledge reusability is also achieved, since knowledge constructs instilled into a knowledge network can be used into new scenarios in order to meet new training needs.