Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1.What is the purpose of writing a business plan? Question 2 List the steps and describe the process that you would go through to develop

1.What is the purpose of writing a business plan?

Question2

List the steps and describe the process that you would go through to develop a business plan for your nominated organisation!

Question3

What key chapters should be covered in a business plan and listed in the table of contents.

question 4

For your organisation, list two (2) internal and two (2) external environmental factors and give examples on what are factors in your control and factors outside your control.

Question5

What are the performance objectives and measures of your organisation? You should consider any key performance indicators.

Question6

What is the difference between performance objectives and goals which are outlined in a business plan?

Question 7

What are financial, human and physical resource requirements for a business? Explain each and give three (3) examples!

Question8

Outline eight (8) steps to communicate the business plan to stakeholders!

Question9

Select five (5) key performance areas you might have to report on and describe what they should cover?

question 10

What are performance indicators?

Question11

What does CI stand for, what does it include and what are the four (4) key steps in a CI cycle?

Question 12

In your own words, describe an example where CI has been successfully implemented and produced bottom line results for the company. Please note results are not always financial!

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Foundations Of Finance

Authors: Arthur Keown, John Martin, J. Petty

10th Edition

0136102654, 9780136102656

Students also viewed these Accounting questions

Question

Food supply

Answered: 1 week ago

Question

Mortality rate

Answered: 1 week ago