Analyse performance reports against planned objectives

Assignment Help Other Subject
Reference no: EM132600085

WORKSHEET

SECTION 1: DEVELOP BUSINESS PLAN

1) Why should you review and evaluate the business's pre-existing strategic, business and operationalplans? Give two reasons.

2) Analyse and interpret this mission statement. How does it affect the objectives of a business plan? Give three examples.

3) List three internal stakeholders you might consult with when developing a business plan.

4) List three external stakeholders you might consult with when developing a business plan.

5) List five topics you could research and analyse when initially reviewing the market.

6) When researching pricing structures for a product or service, what are three options you couldconsider using?

7) What are three questions you should pose when considering legal requirements for a new activity?

8) Briefly describe who you could consult with when developing performance measures and why theycould help.

9) What are key performance indicators and what are they used for?

10) Briefly explain what benchmarking is and how it helps a business.

11) List four techniques you can use to measure performance.

12) What are four questions you should be researching when identifying financial, human and physicalrequirements.

13) List three factors that influence the format of a written business plan?

14) Based on the type of information which should be included in a business plan, write a table ofcontents for a business plan.

SECTION 2: MONITOR PERFORMANCE

1) What information contained in a business plan should be communicated to employees? Give fourexamples.

2) What are three things you can do to ensure all relevant parties understand performance requirementsand timeframes?

3) How can you ensure skilled labour is available when required?

4) Why should performance measurement systems be tested prior to implementation?

5) What information about performance measurement outcomes should be reported to individuals and teams?

6) Provide one example of an indicator that your system or products are underperforming.

SECTION 3: RESPOND TO PERFORMANCE DATA

1) List the steps you can follow to analyse performance reports against planned objectives.

2) What factors should you consider when analysing performance reports?

3) What are four questions you should be asking when reviewing performance indicators?

4) Susie is part of the production team. Over the last two months her output per hour has consistently been the lowest of everyone in the team. Both individual and team targets are not being met as aresult. Briefly describe the steps you would follow to provide appropriate coaching or training for Susie toincrease her output to the required levels.

5) What are three benefits of reviewing systems and processes as part of a continuous improvement program?

Reference no: EM132600085

Questions Cloud

Estimate the free cash flows to the firm for free cash inc : Estimate Free Cash Inc.'s year 3 terminal value. Estimate the free cash flows to the firm for Free Cash Inc. for each of the next three years.
What is the amplitude a of wave : A fisherman notices that his boat is moving up and down periodically without any horizontal motion, owing to waves on the surface of the water.
How much is credited to deferred income : The present value of 1 at 10% is .75 for three periods. How much is credited to deferred income upon the receipt of the grant
What will be the expected equity return or cost of equity : What will be the expected equity return (or cost of equity) for a firm that has a cost of capital of 10 percent, a cost of debt of 6 percent
Analyse performance reports against planned objectives : Why should you review and evaluate the business's pre-existing strategic, business and operational plans - List three internal stakeholders you might consult
What is the maximum and minimum current drawn : A circuit is constructed with three 5 W resistors. What is the maximum and minimum current drawn from a 12 V battery
Explain what has probably happened : On her income tax return, some of this expense is not reported and the balance is deducted in 2 different places. Explain what has probably happened
Find the net force on the wire loop : The loop is confined to the x-y plane. The space around it is filled with a uniform magnetic field which points in the -y direction as shown.
What should be the current dividend per share : If XYZ firms policy is to maintain the constant growth rate in its dividend, what should be the current dividend per share in this case?

Reviews

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd