Create an operations plan for your NAB company using the template in the text as a guide (p. 214 | Operations Plan Preparation Form – Click here for help accessing a specific page number in your eBook).

Use the “NAB Company Portfolio”.

 

Write a three- to six-page (3-6) essay in which you include the data listed below.

Plan of Operations (1–2 pages)

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Remember to provide each operational cost with a dollar amount, since you will use these numbers for your income statement and cash flow in Week 8.

Use the form in the text (p. 214 | Operations Strategy Preparation Form—click here for help obtaining a certain page number in your eBook) to draft an operations strategy for your NAB company. Extract pertinent data from the NAB Company portfolio as necessary. The template’s other mandatory fields should be filled out according to your preferences. Use the proper functional-level and business-level strategies to provide a justification for the competitive advantages section. Note: The NAB company portfolio has a lot of research relevant to the advice given here. Advice: Think about whether you’ll rent or acquire your facilities or contract production to an established business. Hints: Moving from a small batch prototype to mass production of your beverage will be one of your startup non-alcoholic beverage company’s major expenses. Find out what equipment you’ll need (such as vats, refrigerators, burners, ovens, and bottling equipment), if you’ll buy it or rent it, how to maintain and clean it, and other details. Think about how you’ll maintain quality control. What level of capacity do you hope to achieve? Advice: Be deliberate about inventory management. What is your turnaround time for producing your beverage after receiving an order, and where do your materials come from? Consider your distribution strategy as an example. Review your notes from Week 2 of class for the SWOT analysis assignment. How will you keep up with current innovations in your industry, please? What further items, except your flagship one, are you currently working on? Give an overview of your R&D efforts and explain how they will benefit the business. Plan for Technology (1–2 pages)

Utilize the template provided in the text (p. 227 | Technology Plan Preparation Form) to draft a technology plan for your NAB company. Extract pertinent data from the NAB Company portfolio as necessary. The template’s other mandatory fields should be filled out according to your preferences. By applying the proper functional-level tactics, justify the rationale for the personnel needs section. Hints: Think about the technologies your business will employ to handle the following tasks: managing staff; taking, fulfilling, and tracking orders; managing inventory; interacting with clients and offering customer service; and producing your beverage. (1-2 pages) Management and Organization

Use the form in the text as a guide to create a management strategy for your NAB company (p. 248 | Management Strategy Preparation Form). Extract pertinent data from the NAB Company portfolio as necessary. The template’s other mandatory fields should be filled out according to your preferences. Outline the management hierarchy for your business using the flow charts on page 242 as a guide. The MS Word document must import or contain any charts or diagrams. Using the proper functional-level strategies, justify the management structure and style section. Format your essay in accordance with the following guidelines: Mention the sources you used to finish this exercise. The quantity of resources employed in the activity is not limited in any way. be typed with one-inch margins all around, Times New Roman font in size 12, double spacing, and APA or school-specific reference style. If there are any more instructions, ask your lecturer. Include a cover page with the assignment’s title, your name, the name of your professor, the name of the course, and the date. The needed number of pages does not include the cover page or the reference page. The specific learning objectives for the course linked to this assignment are:

Make a plan to carry out a company’s strategy and control the shift from ongoing operations. Describe the methods of strategic planning that are used to create alternate plans of action for achieving the objectives of the firm. Investigate challenges with strategic management using technology and information resources. Utilizing appropriate writing techniques, write about strategic management in a clear and succinct manner.

 

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