entr 630 Unit 4IP, writing homework help

User Generated

zffunpx55

Writing

Description

this key assignment outline used apa format. Need by wed , next.

User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Attached.

Running head: BUSINESS PLANNING

1

Business Planning
Name
Course
Instructor
Date

BUSINESS PLANNING

2
Business planning
Introduction

Development of a business plan forms an integral part of any organizational environment,
and thus there is significant need to ensure that it is effectively developed to reflect the
organizational needs and considerations. The overall understanding of a business plan, therefore,
forms the background on which an organization can be effectively and successfully developed
since it highlights all the critical aspects of a business venture and ensures that there better
strategies in place which will ensure that a given business can succeed within the targeted industry
and the target audience. Therefore effective understanding and development of a business plan
significantly focus on the objectives that are outlined within a given business environment.
Objectives within organizational environment highlight what an organization wishes or seeks to
achieve in both short term and long-term.
Management Team and Organization Chart
Management forms an important part of the effective development of any given business,
and thus there is significant need to ensure that the management selected is very competent and
understand the various aspects involved in a given industry in which the business venture has been
effectively developed. Therefore, to ensure better management, there is need to integrate skills and
experience to find the best blend of management, which can help in steering the company forward
with much ease. Their experience considered in this case should incorporate specific experience
within the industry, and thus it will be focused upon in developing long-term development
strategies that will help in streamlining the organizational well-being. Therefore, there is need to
delegate duties within the business management to ensure that every department is effectively

BUSINESS PLANNING

3

managed to ensure that there is a better coordination of operations within the business
environment.
Therefore, as a major partner in the venture, I will assume the responsibilities of the
company president who will be pulling all the strings to ensure that there is better operations and
development within the organizational environment. The overall understanding of the underlying
issues within an organizational environment provides a better environment where a better
understanding of the underlying organizational issues can be effectively and successfully
considered. Therefore, as the president of the business, I will have an integral responsibility of
overseeing the development and decision-making. Decision making forms an important part of the
organization since making informed decisions places the business on a better path to success.
Therefore, I will ensure that the decision that is made conform to the industry standards as well as
ensuring that they are of a quality to create a better working environment for junior employees.
There are two co-partners in this venture, and thus all of them will play a significant role
in the business management by occupying key positions to ensure that they can monitor and have
a better understanding of the critical elements that are in place. Therefore, they will occupy the
position of Chief Finance Officer and Head of Operations. Chief finance officer will keep track on
the financial position of the company and will be tasked with ensuring that the business operates
effectively and efficiently based on financial aspect. The Head of Operations will monitor the
working environment of junior employees and help in day-to-day operations within the
organization to have a better understanding of the needs of the company.
The company will also employ an information technology expert who will be specifically
tasked with improving the business e-business engagement through effective e-commerce
techniques. It is important to understand that the business environment is significantly shifting and

BUSINESS PLANNING

4

thus technological innovation are taking over. Therefore, having an effective technology and
information department will be crucial in ensuring that the business is a leader in the industry.
The production manager is another position that will be filled by highly experienced
employees who manage the overall production and service delivery within the company.
Production manager will ...


Anonymous
Great! Studypool always delivers quality work.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Related Tags