Assignment Task: Develop and implement business plans
Q1. What legislative frameworks may apply to developing a business plan?
Q2. What responsibilities might your organisation place on you that may apply to developing a business plan?
Q3. What is involved in the role of market research?
Q4. Discuss two (2) types of market research.
Q5. List five (5) business requirements, objectives and goals.
Q6. How would you identify your direct competitors?
Q7. List six (6) types of performance indicators.
Q8. How would you develop performance measures?
Q9. What is a human resource plan?
Q10. What type of physical resources might be required for business operations?
Q11. What information should be included in your financial plan for the business?
Q12. What should you remember when communicating a business plan to stakeholders?
Q13. Why do you need to check you have enough skilled labour to operate?
Q14. What are the benefits of a performance measurement system?
Q15. How might you respond to your performance data?
Q16. Why should you report failures?
Q17. What questions might you ask yourself before developing reports?
Q18. What sections of your reports should be analysed?
Q19. What do trends in performance inform you of?
Q20. How can you support staff during implementation of business plans?
Q21. What do the four (4) phases in the Plan-Do-Check-Act Cycle for continual improvement involve?