BSBOPS601 - Questions

Question 1
In the context of business plans: Outline the processes involved in developing business plans. Explain in yo ur ow n wor ds how each process is performed. Outline the processes involved in monitoring business plans. Explain in yoour ownn worrds how each process is performed.
Processes for developing business plans
Process	How the process is performed

Processes for monitoring business plans
Process	How the process is performed

Question 2
Briefly describe in yoour ownn worrds the following concepts relevant to developing business plans: Customer needs Budgeting information For each of the following, outline at least two reasons why each of these are significant to developing a business plan.
Customer needs
Brief description	Reasons why customer needs are significant to developing a business plan

Budgeting information
Brief description	Reason why budgeting information is significant to developing a business plan

Question 3
List at least two relevant internal stakeholders and at least two relevant external stakeholders who should be consulted while developing a business plan. Explain briefly how you can identify the stakeholders who should be involved in the development of business plans.
Internal Stakeholders	External Stakeholders
How to identify relevant stakeholders who should be involved in the development of busines plans