Assignment 3 Part 1 Operation, Technology, and Management Plan

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 (36)
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 functionallevel
and businesslevel
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 nonalcoholic
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)
4. 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.
5. Provide a rationale for the personnel needs section by incorporating appropriate functionallevel
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)
6. 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.
7. 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.
8. Provide a rationale for the management structure and style section by incorporating appropriate
functionallevel
strategies.
9. Format your assignment according to these formatting requirements:
a. 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.
b. Be typed, double spaced, using Times New Roman font (size 12), with oneinch
margins on all
sides; references must follow APA or schoolspecific
format. Check with your professor for any
additional instructions.
c. 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.
Click here to view the grading rubric for this assignment