Assessment 2 1. What are the strategic used in the organisation to monitor its key systems and processes? ( evaluation strategy) 2. Briefly discuss how the raw materials are brought to production unit and how finished goods are being delivered to the distributor or end consumers? ( supply chain) 3.
Businesses require a tool to measure the execution of objectives. As far as the goals of objectives they are supposed to align with a stated vision and mission. Effective objectives ensure that daily activities align with the big picture or if there will be a need to adjust redirect focus. A balanced scorecard is a tool, generated by Robert S. Kaplan and David P. Norton. Authors Pearce and Robinson (2009) suggest, a balanced scorecard “Is a set of measures that are directly linked to the company’s strategy,” “Directs a company to link its own long-term strategy with tangible goals and actions,” and “Provides a framework to translate a strategy into operational terms” (p. 202).
The purpose of retrieving information could be for a number of reasons, examples could be for marketing purposes or to provide information to the Inland Revenue. 1.2-Describe different information systems and their main features The term “information systems” refers to a stystem that handles the flow and maintenance of information, which in turn supports the business operation. The components which bring together an information system are people, equipment, procedures and data. These can be classified into 6 main areas: 1. Transaction Processing Systems (TPS) These are operational level systems usually dealt with by shop floor workers and front line staff.
Scope or Description of the Business which looks at the product or services to be offered and how they will be delivered 2. An analysis to define and understand the method and implementation of the system or product 3. A market feasibility that includes a description of the industry, present market, competition, sales projection, potential buyers and future market 4. There needs to be a plan as to how the product should be delivered; where the product is located; the technological needs of the project; the materials needed for the project and the labor needed for the project 5. Of a fact, the course of action to satisfy the requirements of the of the product must be put in place 6.
Work Breakdown Structure (WBS) will breakdown project scope and requirements into groups of component tasks that will be manageable Schedule Management Plan will provide a process to gather, analyze, develop and control the schedule of project activities. Given the specific requirements for resource scheduling and lessons learned from previous project, it will be important to align the schedule to resource availability and
(Points : 25) 2. (TCO C) Michael Porter proposed a tool, the value chain, for identifying ways to create more value. According to the value chain model, every company is a combination of activities that are performed to design, produce, market, deliver, and support their products. Identify the types of activities that would create value within the organization. How can an organization use this tool?
You are required to: (1) analyze the general business situation in detail, including organizational strengths and weaknesses, environmental opportunities and threats, industry trends, and direct and indirect competition. Based upon your situation analysis, you will (2) develop an organizational mission and forecast performance goals. Based upon your objectives, you will (3) create a marketing strategy. Based upon your strategy, you will (a) segment and target potential customers. Based upon your customer targets, you will (b) choose an appropriate and integrated marketing mix, including: products and services, pricing, promotion and advertising, distribution and location, and other elements of the marketing program – the summary and specific recommendations for the execution of the
Individual Service Request SR-rm-022 - Part 1 BSA/375 Individual Service Request SR-rm-022 - Part 1 This purpose of this paper will describe each of the key stakeholders or stakeholder groups in Riordan Manufacturing who provide requirements for the service request, explain two separate information gathering techniques used during proposed projects, identify two factors that are necessary to ensure that the information required for the project is gathered successfully, define the scope of the project by specifying business functions that will be included in the project, describe the project’s operational, technical, and economic feasibility areas that are examined in the SDLC analysis phase summary. Key Stakeholders Riordan Manufacturing has many stakeholders and most of its stakeholders that would remain influential to the change process would gain the focus and those who can directly use the new system are also given importance. The stakeholders of the firm include CEO Michael Riordan, Executive Assistant Jan McCall, SVP-RD Kenneth Collins, COO Hugh McCauley, VP international operations Charles Williamson and the IT service managers. Furthermore , before the input and revisions the information gathering steps are finalized, the individual users of the final application will be consulted for advice. Information-Gathering The completion of the system requires collection of information and it is categorized into ten parts that makes sure that system and processes are workable and answerable to the demand set by SR-rm-004 (Mochal, 2008).
Human Resource Management Week 1 Assignment 1. Why do you think is it important for HR to be a strategic partner to the business? HR is an important strategic partner to any business, because it identifies the needs and future needs of the organizations that they are representing. HR is a direct connection to the employee, management and the organization ultimate goals. These ultimate goals are met by the basic functions of HR which are planning, organizing, leading, and controlling.
|[pic] |School of Business | | |MKT/421 Version 12 | | |Marketing | Course Description This course involves an integrated analysis of the role of marketing within the total organization. Specific attention is given to the analysis of factors affecting consumer behavior, the identification of marketing variables, the development and use of marketing strategies,