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.

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

1. Describe the general model of problem-solving presented in the text.  What are the three main phases and the different analysis steps involved? Explain

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.

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

Analysis of pros and cons of available alternatives is part of Select one: a. Staffing b. Organization c. Decision-making O d. Planning

Background Quality Appliances is a regional chain of appliance outlets. Three months ago a new IS system went live to handle all sales, billing, and inventory activity for the chain. All seemed well at the end of the implementation phase. A follow-up survey, however, reveals some issues have developed that Susan Thomas, the IT consultant who developed and implemented the system, wants to address. Several new hires in the sales force have occurred in the past month. Original plans were to have training for all new hires given by department managers. The new sales people, however, indicate that no training was provided, and they were expected to “train themselves” from the documentation created for the new system. The new hires indicate they are having trouble using the system, because the documentation is support oriented and assumes a knowledge of the system. Several members of the sales force have asked for enhancements to the system that would allow them more easily to track their…

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.

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?

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

I really need help with the formulas to get the answers. Thanks! Case Study 2: Forecasting Lost Sales The Carlson Department Store suffered heavy damage when a hurricane struck on August 31, 2013. The store was closed for four months (Sept – Dec 2013) and Carlson is now involved in a dispute with its insurance company concerning the amount of lost sales during the time the store was closed. Two key issues must be resolved: The amount of sales Carlson would have made if the hurricane had not struck; and Whether Carlson is entitled to any compensation for excess sales from increased business activity after the storm More than $8 billion in federal disaster relief and insurance money came into the county, resulting in increased sales at department stores and numerous other businesses. The table below shows the sales data for the 48 months preceding the storm. The following table reports total sales for the 48 months preceding the storm for all department stores in the county, as well…

Referencing the scenario provided in Assessment 1, and following the guidance provided by the Strategic consultant, Peter and his team are now prepared to proceed with finalizing their business plan to launch their company. Considering how competitive the business sector is today, it is important that they are aware of their alternative organizational strategies. It is also important that they understand how to develop a sustainable competitive advantage, so as to remain financially viable. The group is considering utilizing the strategy formulation framework to aid in developing the company and its products. Further to discussion with the Strategic Consultant, Peter is aware that there are certain habits that strategic leaders must encompass but is not sure what they are. For this assessment, your group is to assume the role of Peter and his team. In doing so, you are expected to complete the following 3. Based on each category of alternative organizational Strategies as discussed in…

Referencing the scenario provided in Assessment 1, and following the guidance provided by the Strategic consultant, Peter and his team are now prepared to proceed with finalizing their business plan to launch their company. Considering how competitive the business sector is today, it is important that they are aware of their alternative organizational strategies. It is also important that they understand how to develop a sustainable competitive advantage, so as to remain financially viable. The group is considering utilizing the strategy formulation framework to aid in developing the company and its products. Further to discussion with the Strategic Consultant, Peter is aware that there are certain habits that strategic leaders must encompass but is not sure what they are. For this assessment, your group is to assume the role of Peter and his team. In doing so, you are expected to complete the following:  Identify four (4) conditions for sustainable competitive advantage which align…

Hello can you help me with one of my work. Can you help me write the background section of my research proposal. My research question is " The impact of remote work on employee productivity and Well- being.  The question isthe following: The research proposal should contain a background section. The background section has three main functions: 1) It explains what you are going to do; 2) why the topic is relevant; and 3) it shows how your proposed work fits in with what is already know.    Write  800 words   Thanks in advance! i dont need a conclusion or an Introduction.