Assignment 3: Operation, Technology, and Management Plan (with Financials)

Finding The Best Buy
11/09/2019
Business Ethics – Case Study
11/09/2019

Assignment 3: Operation, Technology, and Management Plan (with Financials)

Due Week 8 and worth 100 points

This assignment consists of two sections: the Word document and your business plan financials. Note: You must submit both sections as separate files for the completion of this assignment. 

Use the NAB Company Portfolio (see Required Course Files in Week 1).

Write a 4-8-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). Extract appropriate information from the NAB Company Portfolio, where applicable. Other required items in the template should be filled in using your personal preferences.

1.

1.

1. Note: Most of the research pertaining to the hints provided here can be found in the NAB company portfolio.

1. Hints: Consider whether you will rent or buy your facilities or outsource production to an existing company.

1. Hints: One of your biggest expenses as a startup non-alcoholic 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 the equipment, and so forth. Consider how you will ensure quality control. What capacity do you intend to reach?

1. 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?

1. Hints: Consider your distribution method. Refer back to your notes for the SWOT analysis assignment in Week 2 of the class.

1. 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?

· Describe your research and development activities and explain how they will contribute to the company.

Technology Plan (1–2 pages)

3. 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.

·

·

·

1. Hints: Consider the type of technology your company will use to conduct the following activities: managing personnel; taking, fulfilling, and tracking orders; managing inventory; communicating with customers and providing customer service; and producing your beverage.

Management and Organization (1–2 pages)

4. 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.

5. Using the flow charts on page 242 as a guide, outline your company’s management hierarchy. Note: Charts or diagrams must be imported/included in the MS Word document.

Create an ethics and social responsibility plan (1-2 pages)

1. Describe the ways in which your company is committed to being a good corporate citizen.

Hints: Consider the following areas:

1. Creating jobs

1. Following the laws of every jurisdiction in which your company operates

1. Fair and honest treatment of employees

1. Non-discrimination of employees and increasing diversity of your work force

· Hints: If your company is designed as a social venture—in which you have a primary purpose of achieving a social or environmental goal—describe what that goal is and what aspects of your company are designed to reach that goal. Provide a rationale for why you have or have not chosen this to be a social venture.

2. Discuss how your company’s activities will affect the environment and identify the steps you will take to mitigate any negative impacts.

·

·

·

1. Hints: As a beverage company, consider such issues as your choice of packaging, disposal of bottles/packages by consumers, and your use of resources, such as water in areas where water may be scarce.

3. Determine any health issues/claims related to the product you are making, whether negative or positive. Suggest the strategy your company will use to mitigate any negative issues and to ensure any positive claims are true.

Section 2: Business Plan Financials (MS Excel worksheets bundled with course textbook)

For year one, submit the entire completed “Business Plan Financials” Excel document based on feedback from week 7 discussion and information from your business plan.

Format your assignment according to these formatting requirements:

1. 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.

2. The paper must be typed, double-spaced, using Times New Roman font (size 12), with 1-inch margins on all sides; references must follow APA format. Check with your professor for any additional instructions.

3. 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 outcome associated with this assignment is:

· Create operations, technology, and management plans for a company.

Assignment

3:

Operation,

Technology,

and

Management

Plan

(with

Financials)

Due

Week

8

and

worth

10

0

points

This

assignment

consists

of

two

sections:

the

Word

document

and

your

business

plan

financials.

Note:

You

must

submit

both

sections

as

separate

files

for

the

completion

of

this

assignment.

Use

the

NAB

Company

Portfolio

(see

Required

Course

Files

in

Week

1).

Write

a

4

8

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

).

Extract

appropriate

information

from

the

NAB

Company

Portfolio,

where

applicable.

Other

required

items

in

the

template

should

be

filled

in

using

your

personal

preferences.

1.

1.

o

Note:

Most

of

the

research

pertaining

to

the

hints

provided

here

can

be

found

in

the

NAB

company

portfolio.

o

Hints:

Consider

whether

you

will

rent

or

buy

your

facilities

or

outsource

production

to

an

existing

company.

o

Hints:

One

of

your

biggest

expenses

as

a

startup

non

alcoholic

beverage

company

will

be

transitioning

from

a

small

batch

prototype

of

your

beverage

to

pro

duction

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

the

equipment,

and

so

forth.

Consider

how

you

will

ensure

qua

lity

control.

What

capacity

do

you

intend

to

reach?

o

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?

o

Hints:

Consider

your

distribution

meth

od.

Refer

back

to

your

notes

for

the

SWOT

analysis

assignment

in

Week

2

of

the

class.

o

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?

2.

Describe

yo

ur

research

and

development

activities

and

explain

how

they

will

contribute

to

the

company.

Technology

Plan

(1

2

pages)

3.

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.

·

·

§

§

Hints:

Consider

the

type

of

technology

your

company

will

use

to

conduct

the

follo

wing

activities:

managing

personnel;

taking,

fulfilling,

and

tracking

orders;

managing

inventory;

communicating

with

customers

and

providing

customer

service;

and

producing

your

beverage.

Management

and

Organization

(1

2

pages)

4.

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

shou

ld

be

filled

in

using

your

personal

preferences.

5.

Using

the

flow

charts

on

page

242

as

a

guide,

outline

your

company’s

management

hierarchy.

Note:

Charts

or

diagrams

must

be

imported/included

in

the

MS

Word

document.

Create

an

ethics

and

social

responsibili

ty

plan

(1

2

pages)

1.

Describe

the

ways

in

which

your

company

is

committed

to

being

a

good

corporate

citizen.

o

Hints:

Consider

the

following

areas:

o

Creating

jobs

o

Following

the

laws

of

every

jurisdiction

in

which

your

company

operates

o

Fair

and

honest

treatment

of

employees

Assignment 3: Operation, Technology, and Management Plan (with Financials)

Due Week 8 and worth 100 points

This assignment consists of two sections: the Word document and your business plan

financials. Note: You must submit both sections as separate files for the completion of this assignment.

Use the NAB Company Portfolio (see Required Course Files in Week 1).

Write a 4-8-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). Extract appropriate information from the NAB Company Portfolio,

where applicable. Other required items in the template should be filled in using your personal

preferences.

1.

1.

o Note: Most of the research pertaining to the hints provided here can be found in the NAB company

portfolio.

o Hints: Consider whether you will rent or buy your facilities or outsource production to an existing

company.

o Hints: One of your biggest expenses as a startup non-alcoholic 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 the equipment, and so forth. Consider how you will ensure quality

control. What capacity do you intend to reach?

o 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?

o Hints: Consider your distribution method. Refer back to your notes for the SWOT analysis assignment in

Week 2 of the class.

o 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?

2. Describe your research and development activities and explain how they will contribute to the company.

Technology Plan (1–2 pages)

3. 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.

 Hints: Consider the type of technology your company will use to conduct the following activities:

managing personnel; taking, fulfilling, and tracking orders; managing inventory; communicating with

customers and providing customer service; and producing your beverage.

Management and Organization (1–2 pages)

4. 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.

5. Using the flow charts on page 242 as a guide, outline your company’s management

hierarchy. Note: Charts or diagrams must be imported/included in the MS Word document.

Create an ethics and social responsibility plan (1-2 pages)

1. Describe the ways in which your company is committed to being a good corporate citizen.

o Hints: Consider the following areas:

o Creating jobs

o Following the laws of every jurisdiction in which your company operates

o Fair and honest treatment of employees

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