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Contents
Section 1: Planning for an operational plan
6
Section 2: Developing an operational plan
10
BSBOPS502 Manage Business Operational plans
Student name:
Ferdi 812345
Assessor:
Ranga Totahewa
Date:
24/04/2024 Businessthis assessment is based on:
Worlducation
Documentation reviewed as preparation:
??????/
BSBOPS502 Manage Business Operational plans
Section 1: Planning for an operational plan
About the organisation
Provide an overview of the organisation and product/services/programs.
Describe the key functions and activities of the work area
you will develop an operational plan for.
Briefly describe at least two objectives outlined in the strategic plan (if there is no strategic plan for your business, develop two objectives for your work area or business).
Describe your job role.
Explain how your job role contributes to the broader goals of the business or work area.
The organization is a medium-sized software development company specializing in creating custom solutions for businesses. Our products and services include web application development, mobile app development, and software consulting services. We work closely with clients to
understand their needs and deliver tailored solutions to help them achieve their business objectives.
1.
Key Functions and Activities: The key functions of our
work area include project management, software development, quality assurance, and client relations. We handle the entire software development lifecycle, from initial concept and design to implementation, testing, and deployment.
Our activities involve gathering requirements, designing solutions, coding, testing, and providing ongoing support to clients.
2.
Strategic Plan Objectives:
3.
Increase market share by expanding into new industry verticals.
4.
Enhance customer satisfaction by improving product quality and delivery time.
5.
Job Role: I am a Senior Project Manager responsible for overseeing the planning, execution, and delivery
of software development projects. My role involves coordinating with clients to define project requirements, allocating resources, managing timelines, and ensuring that projects are completed on time and within budget.
6.
Contribution to Business Goals: My role contributes to
the broader goals of the business by ensuring that projects are delivered successfully, meeting client expectations and business objectives. By managing projects efficiently and effectively, we enhance customer satisfaction, build long- term relationships with clients, and drive revenue growth for the organization.
Source information
Identify stakeholders who will contribute to the operational plan and provide relevant approvals:
•
Project Team Members: They will contribute to project execution and provide expertise in software development.
•
Clients: They will provide project requirements, feedback, and approvals.
BSBOPS502 Manage Business Operational plans
•
Management: They will provide oversight, guidance, and
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Related Questions
Question 4:
The planning process begins with:
a formal mission that defines the basic purpose of the organization.
setting the strategic goals for the organization as a whole.
devising functional plans for the organization.
articulating specific procedures or processes for individual departments and employees.
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Liberty University Human resource Strategy
1. Abstract
2. Introduction
3. Liberty University of Human Resource Chart Analysis
4. Liberty University Human Resource Strategy
4.1 University attraction, accomplishment, degrees programs
4.2 Recruiting, outreaching new students
4.3 University faculty members
4.4 Human Resource business marketing strategy
4.5 Implementing and evaluating strategy
5. Conclusion
6. References
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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.
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Which of the following is NOT among steps in strategic planning?
Question 11 options:
A)
Define the mission
B)
Insurance estimate
C)
Design the business portfolio
D)
Setting the objectives
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Business Name: CV Water Refill
Location: 3rd Street Chula Vista, CA 91911
Section 1: Business Description, Vision & Mission:
Section 2: Description, Legal Structure & Location:
Section 3: Mission Statement & Company Overview:
Section 4: Short-Range Vision for Company (Start-Up Achievements, 0-6 Months):
Section 5: Long-Range Vision (Where you see your company in 1-3 years):
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5-
Which of the following is not a recognised type of plan?
a.
Adhoc plan
b.
Tactical plan
c.
Contingency plan
d.
Strategic plan
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Q24
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11. Strategic planning is beneficial because the organization can ⦁ establish long-term goals that extend 5-10 years into the future.⦁ establish short-term goals that extend one year into the future.⦁ establish goals for next month.⦁ execute directives from the board of directors
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Answered
1
Think of an organisation (or sub-division of an organisation) for which sales demand is unlikely to be the limiting factor at the moment. What is that organisation?
2
What do you think is likely to be that organisation's limiting factor?
3
What period do you think the organisation prepares its budgets for?
4
Name one type of "discretionary" budget this organisation may have.
5
What do you think the organisation's key mission is and one way way this gets reflected in its budgets.
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In a recent Executive Management Committee (Exco) meeting, there was grave concern
expressed in terms of high spend in the area of electricity use across the business
functional areas. An action items was agreed requiring the COO to extend its scope of
S/EMS initiatives for the ensuing year, to include the management of electricity usage.
A 15% cost reduction was agreed as monthly cost reduction in electricity use bills
starting from Quarter 2 of 2024.
Required:
i. Briefly outline key action steps you will consider and roll out towards delivering
on this extended scope.
ii. Determine and establish three (3) key strategic initiatives with highlight an
implementation roadmap for management consideration and approval.
iii. Demonstrate how success will look like and how you intend to effectively
manage the performance of the program for sustainable electricity use within
and across all the operating locations of your organization.
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Develop a spreadsheet for question.
What would your recommendation be if the weight for the safety went down to 10 and the weight of profitability went up to 25?
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subject: Quantitative Analysis For Business
Please answer both of them.
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Q2. The managing director of a company sent his departmental manager Mr. Arya to attend a
five-day seminar on 'Developing plans for Organizational Activities. After Mr. Arya came back
from the seminar, the MD called him to his office and said, "I hope the seminar has helped you
in learning to prepare plans. Please help in making plans for the following issues":
a. You know our managers go on frequent touring in India and abroad. Most of them take
their spouses along at the company's expense. We want to stop this practice.
b. Many employees take advance for official expenses but do not fill the necessary vouchers
in time. It is becoming difficulty for the accounts upto date.
Questions-
1. If you were the departmental manager, what plans would you make in each case?
2. Can these plans be used repeatedly? Give reason
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1. Using the citations/review journals below on the Importance of Implementation Plan and Loan repayment, provide a summary of the work researched.
a. Lau, M. Tackling Uncertainties in Plan Implementation: Lessons from a Growth Area in England. Town planning review 2015, 86 (1), 7–28. https://doi.org/10.3828/tpr.2015.2.
b. Worku, Z. Business Ethics And The Repayment Of Loans In Small Enterprises. Journal of applied business research 2021, 37 (2), 51–60. https://doi.org/10.19030/jabr.v37i2.10371.
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Develop a spreadsheet for question.
Suppose instead that Method A recieved a score of 3 for safety. Would your recommendation change under these circumstances?
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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.
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1.) Why is it necessary to determine and confirm scope and nature of budgetary planning activity with relevant colleagues?
2. What information/ data is required for budget preparation? List at least six items.
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QuestionAfter the analysis of your company Apple Inc , please write the following sections in report form:
1. Decision making process
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Credential: Strategy Planning Professional (SPP)
Explore the purpose, requirements, and career benefits of the credential.
Purpose
What knowledge, skills, or expertise does it help recognize?
What fields or industries is it relevant to?
How widely known or recognized is it?
Requirements
What is the financial cost for the credential?
What is an estimate of the time required to earn it?
What evidence needs to be provided to earn it, such as a portfolio, paperwork, exams, work experience, and so on?
Does the credential require renewal, and if so, how does one renew the credential?
Career Benefits
How might the credential impact a job application, or the types of jobs a person could reasonably apply to?
How might the credential impact pay or expected salary for a new role?
What specialized knowledge or skills would a person gain from earning the credential, and how might they benefit the organization?
Is the credential required or preferred for regulatory requirements your…
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QuestionAfter the analysis of your company Amazon , please write the following sections in report form:
1.Decision making process
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Q: Discuss the types of Strategic Planning.
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Kindly answer question a & b
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Op1.
4.1 Learning Outcomes:
Discuss the role of strategic management.
Compare mission, vision, and value statements.
Discuss the types and purposes of goals and plans
Describe SMART goals and their implementation
4.2 Action Required:
Use the website www.samples-help.org.uk/mission-statements to look up for the mission statements of some well-known corporations.
4.3 Test your Knowledge (Question):
Evaluate the usefulness of any one of these mission statements for the planning of future strategies for this business
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Mangement
Background:
XYZ Corporation is a tech company that specializes in developing innovative consumer electronics. The company is preparing to launch a new smartphone model, "TechX Pro," in a highly competitive market. The success of the launch is crucial for the company's growth, and effective planning is essential
Planning Process:
1. Market Research:
Conducted thorough market research to identify customer needs, preferences, and market trends.
• Analyzed competitors' products and strategies to identify gaps and opportunities.
2. Product Developments
Collaborated with the R&D team to ensure the TechX Pro meets or exceeds customer
expectations.
Conducted beta testing to gather user feedback and make necessary improvements.
3. Marketing Strategy:
Developed a comprehensive marketing strategy, including online and offline channels.
Created a strong online presence through social media, influencer partnerships, and targeted advertising.
4. Distribution:…
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1. The threat from substitutes is high when:
a.Switching costs are high
b.The substitutes are very similar
c.Quality of substitute is lower
d.Price of the substitute is similar
2..The starting point of scenario planning is the:
a.Vision Statement
b.Strategic Goal
c.Key Focal Issue
d.Scenario
3.In scenario planning, driving forces may be identified by:
a.Interview with key stakeholder
b.Porter’s Five Forces analysis
c.STEEP analysis
d.All of the foregoing
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Revenue and expense data for Bluestem Company are as follows:
Year 2
Year 1
Administrative expenses
$ 37,000
$ 20,000
Cost of goods sold
350,000
320,000
Income tax expense
40,000
32,000
Sales
800,000
700,000
Selling expenses
150,000
110,000
(a)
Prepare a comparative income statement, with vertical analysis, stating each item for both years as a percent of sales.
(b)
Comment upon significant changes disclosed by the comparative income statement.
Round percentages to one decimal place.
arrow_forward
Read the below marketing problem carefully, Then build and formulate a linear programming model for this problem using the editor and insert a table to represent the new spreadsheet model. Make sure to use
color-coding to differentiate between data cells, decision cells, and the main objectives.
The Super Grain Corporation is facing a daunting challenge how to break into an already overly crowded
breakfast cereal "Crunchy Start" market in a big way. The Management has has decided to design a
nationwide promotional campaign that will achieve the largest possible exposure for Crunchy Start.
Super Grain Corporation has identified the three most effective advertising media for this product:
• Television commercials on Saturday morning programs for children.
• Advertisements in food and family-oriented magazines.
Advertisements in Sunday supplements of major newspapers.
Super Grain also decided on the the below limited resources/restrictions in the problem
• Advertising budget ($4 million).…
arrow_forward
Drawing from the components of a mission statement, write a short mission statement for an electronic company
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Q3- Suppose there is a company that does all the work manually and has a particular system in each department. After spending a period of time, they wanted to automate all the company's functions and operations, and they decided to apply the Enterprise Resource Planning (ERP) system to their organization. Why did they determine to use the Enterprise Resource Planning (ERP) system instead of manually working?
Answer:
Enterprise resource planning is a business suite that enables various organizations to manage the daily activities by integrating the finance, human resource, logistics, marketing, and operations functions as a single system.
Enterprise resource planning systems allows various functions to communicate and exchange the information through compiling into a central database thus allowing all the employees a cross departmental visibility.
The various advantages associated with the usage of ERP include,
Generation of major time and financial savings through providing the…
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Instruction: Conduct a SWOT Analysis for the College of Business Administration and Accountancy. Minimum of
three (3), Maximum of 7. Do not write anything in the colored area of the matrix.
Table 1. SWOT Matrix for CBAA
1.
2.
3.
4.
5.
6.
7.
2.
3.
4.
5.
6.
7.
SWOT MATRIX CBAA
OPPORTUNITIES
THREATS
1.
2.
3.
7.
STRENGTHS
1.
2.
3.
4.
5.
6.
7.
WEAKNESSES
Page 1 of 2
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Related Questions
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- Q24arrow_forward11. Strategic planning is beneficial because the organization can ⦁ establish long-term goals that extend 5-10 years into the future.⦁ establish short-term goals that extend one year into the future.⦁ establish goals for next month.⦁ execute directives from the board of directorsarrow_forwardAnswered 1 Think of an organisation (or sub-division of an organisation) for which sales demand is unlikely to be the limiting factor at the moment. What is that organisation? 2 What do you think is likely to be that organisation's limiting factor? 3 What period do you think the organisation prepares its budgets for? 4 Name one type of "discretionary" budget this organisation may have. 5 What do you think the organisation's key mission is and one way way this gets reflected in its budgets.arrow_forward
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SEE MORE QUESTIONS
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