Operation, Technology, and Management Plan, Assignment 3 (2 parts) help

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Assignment 3 Part 1: Operation, Technology, and Management
Plan

Due Week 8 and worth 70 points

Use the “NAB Company Portfolio”.

Write a three to six (3-6) page paper in which you provide the following
information below.

Operations Plan (1 – 2
pages)

Note: Remember to assign a dollar amount to each operational
cost you find, as you will need these figures for your income statement and cash
flow in Week 8.

  1. 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
    ). Extract appropriate information from the NAB Company portfolio,
    where applicable. Other required items in the template should be filled in using
    your personal preferences.
  2. Provide a rationale for the competitive advantages section using appropriate
    functional-level and business-level strategies to explain the competitive
    advantages.

    • Note: Much of the research pertaining to the hints provided
      here can be found in the NAB company portfolio.
    • Hints: Consider whether you will rent or buy your facilities or
      outsource production to an existing company.
    • Hints: One of your biggest expenses as a startup non-alcoholic
      beverage company will be transitioning from a small batch prototype of your
      beverage to production on a large scale. Research the equipment you will need
      (vats, refrigerators, burners, ovens, bottling equipment, and so on), whether
      you will rent or buy, how you will maintain and clean it, and so forth. Consider
      how you will ensure quality control. What capacity do you intend to reach?
    • Hints: Deliberate your inventory control. Where do your supplies
      come from and what is your turnaround time to produce your beverage once you
      have received an order?
    • Hints: Consider your distribution method. Refer back to your notes
      for the SWOT analysis assignment in Week 2 of class.
    • Hints: How will you stay abreast of new developments in your
      industry? What new products do you have in development now, in addition to your
      flagship product?
  3. Describe your research and development activities and explain how they will
    contribute to the company.

Technology Plan (1 – 2
pages)

  1. Create a technology plan for your NAB company using the template in the text
    as a guide (p. 227 | Technology Plan Preparation Form ). Extract
    appropriate information from the NAB Company portfolio, where applicable. Other
    required items in the template should be filled in using your personal
    preferences.
  2. Provide a rationale for the personnel needs section by incorporating
    appropriate functional-level strategies.

    • Hints: Consider the type of technology your company will use to
      conduct the following activities: manage personnel; take, fulfill, and track
      orders; manage inventory; communicate with customers and provide customer
      service; and produce your beverage.

Management & Organization
(1 – 2 pages)

  1. Create a management plan for your NAB company using the template in the text
    as a guide (p. 248 | Management Plan Preparation Form ). Extract
    appropriate information from the NAB Company portfolio, where applicable. Other
    required items in the template should be filled in using your personal
    preferences.
  2. Using the flow charts on p. 242 as a guide, outline your company’s
    management hierarchy. Note: Charts or diagrams must be imported
    / included in the MS Word document.
  3. Provide a rationale for the management structure and style section by
    incorporating appropriate functional-level strategies.
  4. Format your assignment according to these formatting requirements:
    1. Cite the resources you have used to complete this exercise.
      Note: There is no minimum requirement for the number of
      resources used in the exercise.
    2. Be typed, double spaced, using Times New Roman font (size 12), with one-inch
      margins on all sides; references must follow APA or school-specific format.
      Check with your professor for any additional instructions.
    3. Include a cover page containing the title of the assignment, the student’s
      name, the professor’s name, the course title, and the date. The cover page and
      the reference page are not included in the required page
      length.

The specific course learning outcomes associated with this assignment
are:

  • Create a plan to implement a firm’s strategy and manage the change from
    current operations.
  • Describe strategic planning techniques used to formulate alternative
    strategies designed to achieve stated business goals.
  • Use technology and information resources to research issues in strategic
    management.
  • Write clearly and concisely about strategic management using proper writing
    mechanics.

Assignment 3 Part 2: Business Plan – Draft

Due Week 8 and worth 30 points

This assignment consists of two (2) sections: a draft of your business plan
and an income statement containing your business plan financials (i.e. Week 7
Discussion “The Financials”). Note: You must submit both
sections as separate files for the completion of this assignment.

You must intend to raise money for your startup company. You can start with
money from friends and family but at some point you will need funds from outside
investors, either angels or venture capitalists, depending on how much money you
project you will need to raise. Another possible angle is to develop money
through crowdfunding, assuming your product meets the demand of such
audiences.

Before you can raise money, you must develop a business plan that convinces
an investor that your company will succeed.

Section 1: Business Plan (MS Word or equivalent)

Read Chapters 18 and 19 of the course text: Successful Business
Plan
. Use the Plan Preparation Forms at the end of each chapter of
Successful Business Plan as a rough guide.

Write an approximately fifteen to twenty (15-20) page draft of your business
plan in which you:

  1. Revise the components of the following previously submitted sections based
    on the feedback you have received.

      1. Company Description (Assignment 1)
      2. Industry Analysis and Trends (Assignment 1)
      3. Strategic Position & Risk Assessment (Assignment 1)
      4. Target Market (Assignment 2)
      5. Competition (Assignment 2)
      6. Marketing Plan & Sales Strategy (Assignment
        2
        )
  1. Create an Ethics & Social Responsibility Plan.

Note: The Ethics & Social
Responsibility plan should account for approximately three to five (3-5) pages
of the Business Plan Draft.

    1. Describe the ways in which your company is committed to being a good
      corporate citizen.
      • Hints: Consider the following areas:
        • Creating jobs
        • Following the laws of every jurisdiction in which your company operates
        • Fair and honest treatment of employees
        • Non-discrimination of employees and increasing diversity of your work
          force
      • Hints: If your company is designed as a social venture—in which you
        have a primary purpose of achieving a social or environmental goal—describe what
        that goal is and what aspects of your company are designed to reach that goal.
        Provide a rationale for why you have or why you have not chosen this to be a
        social venture.
    1. Discuss how your company’s activities will affect the environment and
      identify the steps you will take to mitigate any negative impacts.
      • Hints: As a beverage company, consider such issues as your choice
        of packaging, disposal of bottles / packages by consumers, and your use of
        resources, such as water in areas where water may be
        scarce. 
    1. Determine any health issues / claims related to the product you are making,
      whether negative or positive. Suggest the strategy your company will use to
      mitigate any negative issues, and to ensure any positive claims are
      true.
    1. Many beverage products have negative health impacts on certain segments of a
      population (e.g., children, pregnant mothers, etc.). Suggest your company’s
      plan, through advertising, distribution, and / or other methods, to target and
      reach only appropriate market segments.
  1. Format your assignment according to these formatting requirements:
    1. Cite the resources you have used to complete the exercise.
      Note: There is no minimum requirement for the number of
      resources used in the exercise.
    2. Be typed, double spaced, using Times New Roman font (size 12), with one-inch
      margins on all sides; references must follow APA or school-specific format.
      Check with your professor for any additional instructions.
    3. Include a cover page containing the title of the assignment, the student’s
      name, the professor’s name, the course title, and the date. The cover page and
      the reference page are not included in the required page
      length.

Section 2: Business Plan Financials (MS Excel worksheets
template)

  1. For year one, revise and submit the Income Statement, Cash Flow Projections,
    and Balance Sheet sections from the “Business Plan Financials” MS Excel template
    (see: Course Required Files in Week 1).

The specific course learning outcomes associated with this assignment
are:

  • Describe strategic planning techniques used to formulate alternative
    strategies designed to achieve stated business goals.
  • Create a plan to implement a firm’s strategy and manage the change from
    current operations.
  • Analyze strategies for exerting the internal leadership needed to drive the
    implementation of strategic initiatives and improve operating excellence.
  • Use technology and information resources to research issues in strategic
    management.
  • Write clearly and concisely about strategic management using proper writing
    mechanics.

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