Question
There are 11 questions. Write your answers in the space below each question: 1. List three (3) stakeholders and outline their role in the development
There are 11 questions. Write your answers in the space below each question:
1. List three (3) stakeholders and outline their role in the development and management of operational plans.
2. Outline three (3) key steps involved in developing KPIs to meet business objectives.
3.Identify at least four (4) activities involved in developing an operational plan, including a contingency plan.
4.Using dot points, list the main components an operational plan may contain.
5.Explain the role of the operational plan in achieving the organisation's strategic objectives. (Answer in approximately 80 words.)
6.Specify at least three (3) information sources used to inform the development of operational plans. (Answer in approximately 20 words.)
7.Briefly explain how budgets and financial analysis shape operational plans and affect their profit and productivity. (Answer in approximately 80 words)
8.Briefly outline how each of the following legislative frameworks impacts on the development and implementation of operational plans. (Answer in approximately 100 words each.)
- Australian Consumer Law (ACL)
- Work health and safety (WHS) law
9.When acquiring resources to implement operational plans, what do you need to consider about intellectual property (IP) rights and responsibilities? (Answer in approximately 100 words.)
10.Outline a system for monitoring operational performance. According to the system, what are two (2) methods or tools for recording operational performance? (Answer in approximately 50 - 100 words.)
System to monitor operational performance
Methods or tools for recording operational performance
11.Briefly explain how organisational policies, practices and procedures relate to the operational plan. (Answer in approximately 50 words.)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started