User Account

All Pages

Purpose of a strategic plan and an operational plan

Assignment Help Business Management
Reference no: EM132763456

1. Explain the purpose of a Strategic Plan and an Operational Plan, and the role of an Operational Plan in achieving the organisation's objectives.

2. Explain the difference between an operational plan modelled on the organisation as a whole and one that has been modelled to suit a specific organisational goal or department.

3. Describe two typical methods for developing an Operational Plan.

4. Explain the purpose of a budget.

5. Explain typical budgeting processes.

6. Explain the purpose of key performance indicators.

7. List four different approaches to developing key performance indicators.

8. Describe the concept of a balanced scorecard as an alternative approach to measuring business performance through key performance indicators.

9. Explain the concept of benchmarking as a way of assessing business performance.

10. Provide a definition of a PCBU and outline their key responsibilities.

11. Outline the aim and scope of the Fair Work Act 2009.

12. Explain the purpose of a SWOT analysis and how it can be used for operational planning.

13. Explain the purpose of the PEST model and how it can be used for operational planning.

Reference no: EM132763456

Questions Cloud

Compute the optimal investment proportion : During the COVID19 pandemic Mr. Tom becomes more risk averse and his risk-aversion coefficient increases to 4. Compute the optimal investment proportion
List two companies and types of charitable giving : List two companies and types of charitable giving or activities they were involve. Describing the charitable programs or community services
Describe how the canadian human rights act affects : Describe how the Canadian Human Rights Act affects recruiting practices.
What is the cost of common equity : Question - Summerdahl Resorts' common stock is currently trading at $31.00 per share. What is the cost of common equity
Purpose of a strategic plan and an operational plan : 1. Explain the purpose of a Strategic Plan and an Operational Plan, and the role of an Operational Plan in achieving the organisation's objectives.
How do you know where to find good data : How do you know where to find "good data" and when you have come across a fraudulent web site?
Discuss what is meant by the concept of Assessable income : Question - Discuss what is meant by the concept of Assessable income? Cite the relevant legislation from the Income Tax Act
How you will use the four management functions : Describe how you will use the four management functions to create value in a given organization. Discuss the importance of technical skills
What role does culture play on managers in global situations : What role does culture play on managers in global situations. For example, a US firm in Saudi Arabia, Indonesia, Singapore or Germany

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd