BSBMGT617 - Develop and Implement a Business Plan - Business Organisation - Management Assessment Answer

Assessment Task:

BSBMGT617: Develop and Implement a Business Plan Management Assessment 

Assessment 1: Short Answer Questions
 

Question 1 List at least six different types of business plan an organisation might develop. From your list, select one type of plan and note the reasons for implementing such a plan. Explain who might develop the business plans and the procedures that might be followed.

Question 2 Explain what performance measures are and how they can or should impact on work outcomes.

Question 3 Explain who are the stakeholders for a business organisation? You need to cover at least eight.

Assessment 2: Case Study
You work as ABC Company’s head office manager. ABC Company is planning to act on the recent research that has been undertaken as part of its annual scoping of the strategic planning process. Three changes have been identified:

 Increase customer service satisfaction by purchasing and implementing state-of-the-art customer relationship management software, to be established by June. Customer service staff will need to be trained.

 A decision has been made to develop a new luxury hamper product that reflects ABC Companies sustainability environmental policy. Competitors already have a basic one at the low-end of the market, but research shows that they are seeking to move into the luxury market. ABC Company currently has 10% of this market but wants to increase this to 15% by the end of quarter 4.

 There is a need to introduce a new mentoring program for team leaders and supervirors.

As a result, the business and optional plan must be reviewed and the existing busienss plan revised, redeveloped, implemented and monitored as part of ABC Company’s continuous improvement cycle.

Assessment 2: Case Study

You work as ABC Company’s head office manager. ABC Company is planning to act on the recent research that has been undertaken as part of its annual scoping of the strateic planning process. Three changes have been identified:

1.  Increase customer service satisfaction by purchasing and implementing state-of-the-art customer relationship management software, to be estblished by June. Customer service staff will need to be trained.
2.  A decision has been made to develop a new luxury hamper product that reflects ABC Companies sustainability environmental policy. Competitors already have a basic one at the low-end of the market, but research shows that they are seeking to move into the luxury market. ABC Company currently has 10% of this market but wants to increase this to 15% by the end of quarter 4.
3.  There is a need to introduce a new mentoring program for team leaders and supervirors. As a result, the business and optional plan must be reviewed and the existing busienss plan revised, redeveloped, implemented and monitored as part of ABC Company’s continuous improvement cycle.

2. Prepare a 10-minute electronic presentation to communicate the business plan changes to management to ensure their understanding of performance requirements and time frames

3. Explain how you will ensure that skilled labor is available to implement the changes to the plan.

4. Describe how you will monitor and respond to the business performance of the 3 changes in relation to:

1.  Profit and loss
2.  Community awareness
3.  Environmental impact
4.  Governance
5.  Quality
6. Sales
7.  Triple bottom line (environmental impact, social impact, financial position)
8.  Workforce

. Develop a continuous improvement checklist to use to review system processes and work methods and ensure system failures, product failures and variance are reported and acted upon.

This BSBMGT617: Management Assessment has been solved by our Management experts at My Uni Paper. Our Assignment Writing Experts are efficient to provide a fresh solution to this question. We are serving more than 10000+ Students in Australia, UK & US by helping them to score HD in their academics. Our experts are well trained to follow all marking rubrics & referencing style.

Be it a used or new solution, the quality of the work submitted by our assignment experts remains unhampered. You may continue to expect the same or even better quality with the used and new assignment solution files respectively. There’s one thing to be noticed that you could choose one between the two and acquire an HD either way. You could choose a new assignment solution file to get yourself an exclusive, plagiarism (with free Turnitin file), expert quality assignment or order an old solution file that was considered worthy of the highest distinction.