BUS 599 strategic management4-8 pages (not including cover and reference pages)do excel part as well (solution 119712)

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Answer To: BUS 599 strategic management4-8 pages (not including cover and reference pages)do excel part as well...

Mayuri answered on May 26 2023
37 Votes
INDEX
    S.NO.
    Particulars
    Page No.
    1.
    Operations Section
    2-3
    2.
    Technology Section
    4-5
    3.
    Management and Organization Section
    6-7
    4.
    Social Responsibility Section
    8-9
    5.
    Conclusion
    10
    6.
    References
    11
Operations Section
The operations section of a business plan is where We outline how Our business will produce and deliver its products or services. This section should include information on Our fac
ilities, production process, inventory management, research and development, and personnel needs.
Facilities
The first step in developing an operations plan is to determine our facility’s needs. In the manufacturing business, we will need a facility with enough space to house Our equipment and production lines.
Once We have determined our facility needs, we will need to decide whether to rent or buy a facility. There are pros and cons to both options. Renting a facility is typically less expensive than buying one but finding a rental that meets Our needs can be more difficult. Buying a facility can be more expensive, but it gives us more control over Our space and allows us to build equity over time.
We have decided to rent a facility, we will need to negotiate a lease agreement. The lease agreement should include the rent amount, the term of the lease, and the landlord's responsibilities. We should also have an attorney review the lease agreement before We sign it.
Production Process
The next step in developing an operations plan is to outline our production process. This will include information on the equipment We will use, the materials We will need, and the steps involved in producing Our product or service.
We are a manufacturing business; we will need to purchase or lease the equipment We need to produce our products. We will also need to purchase the materials. We need to make our products. The steps involved in producing Our products will vary depending on the type of products We make.
Inventory Management
Once We have determined our production process, we will need to develop an inventory management system. This will help us track the amount of inventory we have on hand and ensure that We have enough inventory to meet customer demand.
There are several different inventory management systems available. The best system for We will depend on the size of our business and the type of products We sell.
Research and Development
It is important to stay abreast of new developments in our industry. This will help us to identify new opportunities and improve our products or services.
There are several ways to stay up to date on industry trends. We can read industry publications, attend industry events, and network with other businesses in our industry.
Personnel Needs in Operations
The final step in developing an operations plan is to determine our personnel needs. This will include the number of employees We need and the skills they need to have.
The number of employees we need will depend on the size of our business and the volume of work we have. The skills our employees need will depend on the type of work they will be doing.
We should create job descriptions for each position in our operations department. The job descriptions should include the duties and responsibilities of each position, as well as the skills and qualifications required for the position.
Once we have created job descriptions, we can start recruiting and hiring employees. We can find qualified candidates through online job boards, classified ads, and networking.
The operations section of our business plan is an important part of our overall business plan. By carefully planning our operations, we can ensure that our business is well-positioned to succeed.
Technology Plan
Software Needs
The following software is needed to support the operations of the company:
· Customer relationship management (CRM) software to manage customer interactions and track sales leads.
· Accounting software to track financial transactions and generate reports.
· Inventory management software to track inventory levels and order supplies.
· Office suite to create and edit documents, spreadsheets, and presentations.
· Graphics software to create marketing materials and product designs.
Hardware Needs
The following hardware is needed to support the software:
· Computers for employees to use to access software and data.
· Monitors for...
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