Answer: Assessment 1- Analyse a business plan Selection of two business plan The two-business plan selected for analysis are “Jolly’s Java and Bakery (JJB)” which is a bakery business plan and “Mahogany Western Wear” which is a clothing retail business plan. Comparison and contrast of business plan Parameters Jolly’s Java and Bakery (JJB) Mahogany Western Wear ...Read More >>
Answer: Introduction Target Market: The target market of the company includes small to medium sized companies, within Sydney and the company is planning to expand its business within regional NSW, initiating with Newcastle, Wollongong along with NSW based central west region. The customers of the company will come back to use all the company’s services due to a 15 years’ history of dependable and cost effective service. Marketing...Read More >>
Answer: Time Average order processing time · Changing the system of order processing of the organisation from manual to automatic systems · The warehouse can utilise an alternative system for dealing with the priority order, and the original system can be utilised for normal order. Both these two systems will be more efficient than only one system. Cost Average cost to process an...Read More >>
Answer: Introduction: The firms irrespective of their industries aim to increase their employee productivity and profits. The paper would consider two firms namely, Quality Training from training service industry and B&A Toy Warehouse from toy and logistics industry. It would analyse how these two firms can increase their profits and productivity. Business plan of Quality Training: The business aim of Quality Training is to provide high...Read More >>
Answers: Changes in Business Plan Introduction ?The given presentation aims to discuss the various changes that shall take place in the Business plan. ?The given changes are being made in response to the request made by Rose Hargreaves, Chief Executive Officer. ?The changes shall be discussed in detail and their impact shall be analysed. The first change ?The first change is the implementation of a CRM software. ?The CEO, has aimed to...Read More >>
Answer: Business Plan review Fast Track Couriers operates from New South Wales and delivers packets across metropolitan Sydney which is handled by a small but highly experienced team and deliveries are taken care of by drivers. The organization has a strategic goal of growing business and profits from it in coming three years by expanding the routes of delivery by including NSW. The plan identifies specific business objectives of the expansio...Read More >>
Answer: Identifying the key performance objectives The key performance objective of Quality Training is that it wants to generate profit so that it can expand in the market. The company wants to expand in a challenging manner so that threat from the competitors are mitigated in a proper manner and Quality Training can continue to maintain its dominance in the market of Australia. However, the company aims to grow at a rate that can be managea...Read More >>
Answer: 1. The performance of an organization is measured against their planned objectives, using certain key performance indicators. A complete scorecard is developed to record the key result areas within a firm so that the management can evaluate their performance. A majority of the employees do not know what is expected from them, thus affecting the overall performance of the organization. The areas of non-performance are poor managem...Read More >>
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