Explain the various types of operational plans. Give a real or hypothetical business example for each type. Do not use examples from the text.
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Q: describe operational plans and give a example
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A: Aggregate planning is the process of a developing strategy for maintaining and scheduling the…
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Q: HOW TO DO OPERATIONAL PLAN FOR RESTAURANT BUSINESS
A: Operations management is the administration of operational processes within an organization to…
Q: . _______ The time period during which an operational plan will be in effect
A: Operational Plan- A practical document that outlines the main activities and targets an organization…
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Q: What are the most crucial characteristics of a successful operations strategy?
A: Operations strategy is the operations management strategy in which long-term planning is developed…
Q: How can an operational plan assists in achieving the strategic objectives of an organization?
A: Operational plan:- An operational plan is a useful document that describes the main tasks and goals…
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A: Revenue is described as the income generated through primary operations like the sale of services of…
Q: Select one bjective of operation planning from the following. O a. Maintaining resource capacity O…
A: Operational planning is the thing that happens when a group or office draws from a far reaching key…
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Q: Provide the three levels of planning that involve operations managers and the kinds of decisions…
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Q: What is operations strategy implementation?
A: The operations strategy of a firm is primarily concerned about carrying out daily activities so as…
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Q: What three levels of planning involve operations managers? What kinds of decisions are made atthe…
A: Answer: Three levels of planning which involve operations managers are- Short-term planning…
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A: This question is related to the topic of operations strategy and this topic falls under the…
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A: Planning is a management process that is concerned with defining goals for the company's future…
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A: S.M.A.R.T refers to rules for defining objectives and undertaking destinations, in particular, that…
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A: Production and operation strategies are nothing but the long-term strategies which are generally…
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Q: What is the strategy that this operational process to feed?
A: Operational Process: Operational Process Strategy is only one part of overall business or corporate…
Q: WHAT IS SALES AND OPERATIONS PLANNING?
A: Operations management would concern about the production of products and services and it manages the…
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- When the idea first occurred to her, it seemed like such a win-win situation. Now she wasn't so sure. Marge Brygay was a hardworking sales rep for Inspire Learning Corporation, a company intent on becoming the top educational software provider in five years. That newly adopted strategic goal translated into an ambitious, million-dollar sales target for each of Inspire's sales reps. At the beginning of the fiscal year, her share of the sales department's operational goal seemed entirely reasonable to Marge. She believed in Inspire's products. The company had developed innovative, highly regarded math, language, science, and social studies programs for the K— 12 market. What set the software apart was a foundation in truly cutting-edge research. Marge had seen for herself how Inspire programs could engage whole classrooms Of normally unmotivated kids; the significant rise in scores on those increasingly important standardized tests bore Out her subjective impressions. Bur now, just days before the end of the year, Marge's sales were $1,000 short of her million-dollar goal. The sale that would have put her comfortably over the top fell through due to last-minute cuts in one large school system's budget. At first, she was nearly overwhelmed with frustration, but then it occurred to her that if she contributed $1,000 to Central High, the inner-city high school in her territory probably most in need of what she had for sale, they could purchase the software and put her over the top. Her scheme would certainly benefit Central High students. Achieving her sales goal would make Inspire happy, and it wouldn't do her any harm, either professionally or financially. Making the goal would earn her a $10,000 bonus check that would come in handy when the time came to write out that first tuition check for her oldest child, who had just been accepted to a well-known, private university. Initially, it seemed like the perfect solution all the way around. The more she thought about it, however, the more it didn't quite sit well with her conscience. Time was running out. She needed to decide what to do. 1. Donate the $1,000 to Central High, and consider the $10,000 bonus a good return on your investment.create an Operationalplan for a wind farm (wind turbines that produce electrcity) Your operational plan should include key processes,structures and strategies involved in the transformation ofinputs into outputs. Where possible, a transformationmodel may be used to demonstrate this process. Thebusiness approach to planning and management ofproduce and services may also be included. And descriptions of key personnel and the organisationalstructure, employments agreements, etc.breifly please, Discuss and explain what is Performance Management (P M)? How does P M fit into corporate strategy? What’s in it for me? How does it work? What are my responsibilities? How does PM relate to other initiatives?
- I help with an employee hand book for a reposession company I have already started and have came up with our introduction, mission statement, goals, and cover page. My table of contents will be as followed: 1. Introduction - misson statement - Goals 2. Policies and Procedures 3.Safety 4. Employee responsibilities (for a repo agent in st Pete fl) Mainly I am trying to figure out what bullets would go under 2, 3, and 4. This is ok to be basicCompare and contrast mission statements of a fortune 500 comapny in terms of composition and importance?Q1)A. In which way such categories as Strategy, Organization and Information System are related? B. How IT can improve business processes?
- Roy, an entrepreneur, has worked for years on developing his business idea and on ensuring a good implementation of his strategy. However, years into the business, Roy discovered that the profit he set to reach, in 5 years-time, is not attainable and is disappointed with the results. a) Illustrate - Draw the planning-controlling link. b) Discuss in detail the controlling process (steps 1, 2, and 3). c) What went wrong? And what action should be taken? – Part of step 3. d) What type of control did Roy use? And what type should he use in the mere future? e) What is benchmarking? How can Roy make use of this concept when planning and setting goals?1. What is a Business Plan for? 2. What type of business that is on high demand today? Why?Read each statement below and identify the correct term or concept.Q.1.1A process that determines the mission and goals of the business, including the ways in which the goals are to be reached in the long term, and the resources needed for this task.Q.1.2 The turnaround/declines strategy can be defined as the selling of a business or parts of it in line with its mission.Q.1.3 The most basic type of organisational structure where activities belonging to each management function is grouped together.Q.1.4 The type of power based on the manager’s ability to influence employees with something of value to them. It concerns the power to give or withhold rewards.Q.1.5 Type of leadership that goes beyond charisma and can create a realistic, credible, and attractive vision of the future of the organisation.
- 4. When an organization is evaluating its strategic position, which is NOT one of the strategic questions that an organization may ask itself? a. If no changes are made, where will the organization be in 10 years? b. Where is the organization now? c. If the evaluation is negative, what specific actions should management take? d. Are we a socially responsible firm? e. If no changes are made, where will the organization be in one year?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. ObjectivesUsing one classic, one modern, and one radical approach to determine system needs during analysis. When do you believe each of the strategies you compared would be most beneficial, and what are the disadvantages of each technique?