Week 4 Business Plan Strategic Improvement Assessment

Anne Hathawayy is a data analyst at a marketing company who is responsible for providing support to the reporting functions of an internal management support system. Which of the following is not true regarding designing a management support system? -Do not be consistent with reports and visualizations -Clearly define objectives -Make it fast -Identify what upper management needs

Business Performance Management (BPM) can be seen to be the convergence of Corporate Strategic Planning and Business Intelligence (BI). a) Provide an overview of the key steps within a Corporate Strategic Planning process, identifying any strategic planning techniques that could be employed.    b) Describe a suitable BI system that could be used directly by a senior manager to monitor company progress towards achievement of its corporate strategic plan.

In developing and implementing IT, the study team and steering committee must consider organizational goals. These include: a. General, operating management, and technical goals b. General, technical, and top management goals c. Top management, operating management, and general systems goals d. Top management, operating management, and economic goals

Provide a description of florida food stamp program and describe in detail the rational steps of that program.  Also, discuss any changes that you would make to the program and why.  Include information as to why the program was established, the need the program is addressing, the  strategic steps taken when establishing  the program,  the goals of the program and what the overall outcome of the program is intending to accomplish.  You can also discuss how the program is evaluated. Explain each step taken in the rational approach of the program you are describing.

A plan is prepared that is long-term in nature and it was decided what activities will be done for achieving the plan. It was also decided how many employees will be needed, capital for achieving goals, and what type and how big of an office or land is needed for achieving this plan. Which hierarchy of plan is discussed? a. Strategy b. Procedures c. Policies d. Objectives

Read the instructions in full before you attempt to answer. In section 1 below, a total of eight different market segments for the cold beverage market have been provided (Note: For the purpose of this discussion activity, let’s assume that the cold beverage market includes fizzy drinks (sodas), juice, energy drinks, milk-based drinks, yoghurt-based drinks, water, sports drinks, and so on.). Read section 1 statements, then read the task in section 2. Section 1: Quick Overview of Each Market Segment The ‘Really thirsty’: This group of consumers is seeking a fairly straightforward functional benefit from their consumption of a beverage. The ‘On the go’:  The on-the-go market segment is a busy group of consumers who tend to eat and drink while they are traveling. The ‘Need a boost’: This market segment consists of those consumers are feeling rundown or tired during the day. The ‘Variety seekers’: Variety seekers are consumers that have limited brand loyalty and will consume a broader…

Establishing Objectives and Goals is the second step in the process of: a. Planning b. Directing c. Leading d. Organizing

An important part of planning is a SWOT analysis, understanding an organization’s strengths, weaknesses, opportunities, and threats. Prepare a SWOT analysis for Panera Bread that includes three or four items in each of the four SWOT categories.

SWOT Analysis The following SWOT analysis captures the key strengths and weaknesses within the company, and describes the opportunities and threats facing Bounce Fitness. Strengths are results-oriented approach to attracting and maintaining customers. A well researched, detailed health wellness program with along term focus and Intensively trained staff. Weaknesses are high costs associated with customized, personal service. The inability to work on a high volume business model and Significant costs involved in attracting a large corporate client. Opportunities are the potential to expand within a growing market. A large increase in clients if a single corporate company takes up the Bounce Fitness Program and the ability to leverage future quantitative analysis that supports the contention that long term wellness programs have a significant, positive impact on the company’s bottom line. Threats are a lack of immunity to an economic downturn. Potential competition from larger, well…

1) S1: A Strategy Map is a useful tool that graphically illustrates the cause-and-effect relationships and connects the Balanced Scorecard strategy with an organization’s operating activities. S2: In order for the balanced scorecard to succeed, the entire organization must be behind it. Only S1 is correct Both statements are correct Both statements are incorrect Only S1 is incorrect 2) S1: To link measures to a strategy, they must be derived from management and be balanced. S2: The primary purpose of the balanced scorecard is obtaining increased operating profits for the current year. Both statements are incorrect Only S1 is correct Both statements are correct Only S1 is incorrect

1. Roger is telling Mary the first three steps in planning an organization. In the correct order, they are ____. Writing a mission statement, creating a vision statement, and strategic planning Strategic planning, creating a mission statement, and creating a vision statement Strategic planning, operational planning, and preparing a vision statement Tactical planning, operational planning, and writing a mission statement Operational planning, creating a mission statement, and developing a hiring plan.

Identify which function of the management of an organization is being described by the following statement: Requires management to look ahead and to establish objectives. A key objective of management is to add value to the business   a. Controlling   b. Directing   c. Planning

please answer 5 questions below, my deadline is coming in tomorrow Information are all in 2 pictures

Look at the illustrations in the photo. For each of the following, think of which illustration that would be suitable for the particular focus below: Business Results (Customers, Product and/or Service) People and the Organization (Participants and Context) Technology and Information (Technology, information and infrastructure) 2. Each year, students of an academic institution register for classes in their respective programs. The students use an online university registration system to obtain information about the classes offered. This system also stores other student data. University administrators in charge of registration are on hand to advise students on their course selection. The online registration system requires additional hardware and software to maintain the security of the system and to manage the constant student access during the registration period. Some students may still opt to use paper forms for their registration. Remember, this university competed against all…

Non-financial performance indicators Identifying the critical success factors of a business is a key element in determining the non-financial performance indicators. Select an organization that you are familiar with, define the organization’s objectives, and identify two (2) critical success factors, and recommend one non-financial performance indicator, which must be measurable (expressed in a numerical formula). Note: the organization could be a business, a restaurant, a shop, a school club, as long as the organization’sobjectives are clear.

which is a better planning tool: Benchmarking or forecasting?

3.1 Discuss the importance of aligning the project and the company purchasing strategy. 3.2 Discuss why supply management has traditionally not been involved in the corporate strategic planning function.

The table below lists several steps involved in tactical planning. For each step listed, indicate whether it is associated with the development or the execution of tactical plans. Distribute resources to responsible parties Monitor activities Specify the resources available Identify human resource constraints Assess outcomes Developing O O O O Executing O O O O

SCALE FOR A+Points Range: 37.8 – 42Thoroughly developed an argument supporting the importance of a strategic plan for the success of the defined business.Points Range: 50.4 – 56Thoroughly created a mission statement for the company explaining how the mission will be essential to the company’s success.Points Range: 50.4 – 56Thoroughly created a vision statement for the company explaining how the vision statement supports the company’s mission.Points Range: 37.8 – 42Thoroughly established five (5) key objectives for the company encompassing operational, financial, and human resource aspects of the business; thoroughly justified why each of these objectives is essential to the success of the business.Points Range: 37.8 – 42Thoroughly justified how the five (5) key objectives established support the mission and vision statements of the company as defined in the assignment.Points Range: 12.6 – 14Exceeds number of required…

changes to the company’s operations and then reviews the resulting revenue. What step in the planning/control cycle would this represent?

subject: Quantitative Analysis For Business Please answer both of them.

Your estimated budget to create a website application, that could automatically pull data from all of the user's connected profiles and submit scholarships applications that may be available to the user, was $2.7 million. Since the company reduced all the forecasts by 10%, you submitted your forecasted budget as $3 million. This practice is called as: A Padding estimates B Planning horizon Budget structure D) Organization culture

After reading the above case study identify the major issues that Eskom is currently faced with which are the hindrance for them to meet their main objective with their talent management strategy.

As we move from bottom to top, Tactics to Mission Statement, details become more specific. Group of answer choices True False