Brief description of each company business plan

Assignment Help Management Theories

Reference no: EM132360527 , Length: word count:3000

Engineering Management Assignment - Individual Draft and Final Reports

This assignment comprises an individual written report, which is submitted in two parts:

As a draft for you to receive feedback on your writing and referencing, and
As a final report which incorporates the feedback from your draft.

An organisation's business plan outlines the way in which a particular organisation strives to achieve its objectives. This is no different for engineering organisations, where the organisation's business plan exerts a strong influence on its structure and, in turn, the manner in which engineering projects are planned and executed. This means that before you start working on an engineering project, you will need to equip yourself with some basic knowledge about the organisational context in which you will be carrying out this project. This will require you to conduct some essential research into the elements of the organisation's business plan. For this assignment, you will need to demonstrate that you are able to evaluate the strengths and weaknesses of a business plan in regards to its influence on the planning and execution of engineering projects; and draw on scholarly research to inform the planning and execution of your engineering projects.

For the final report you will be required to:

1. Select two engineering or technology related company business plans.

2. Write a 10 to 15 page report which contains:

An introduction;

A brief description of each company's business plan (2 pages each) detailing each of the following:

1. business profile

2. vision, mission and goals

3. market research

4. operational strategy

5. products and/or services

6. marketing plan

7. financial strategy.

The three strongest components of each plan as they relate to planning and execution of engineering projects (and why);

The three weakest components of each plan as they relate to planning and execution of engineering projects (and why);

An analysis of how the two business plans compare and contrast;

Recommendations on how the business plans could be improved to facilitate the planning and execution of engineering projects;

Demonstrated competencies (outlined in the Stage 1 Competency Standards for Professional Engineers) you believe you have demonstrated and the extent to which you have demonstrated these in preparing this report; and

Challenges you faced working on this assignment, strategies for overcoming them, and five lessons learnt about business planning.

For the draft report (written first): Write:

The introduction for the report (properly structured with full sentences), and

A draft outline of the remainder of the report showing clear headings for each section with a brief overview of what is in each section. This outline should incorporate scholarly references using APA 6th edition referencing.

The reference(s) should be cited in-text (in the introduction or outline) and end-text.

For both assignments type your work on A4 size paper with 1.5 line spacing.

Reference no: EM132360527

Questions Cloud

Remote control aircraft capable of long sustained flights : Imagine your small business produces very small remote control aircraft capable of long sustained flights.

Is depreciation a source of cash flow : A corporation issued $5,000,000 of 20 year bonds for cash at 105. How would the transaction be reported on the Statement of Cash Flows?

Describe 3 organisational policies : Describe 3 organisational policies, plans or procedures relevant to developing teams and individuals

Summarize accounting processes for apple inc short-term : Summarize accounting processes for Apple Inc short-term liquid assets, long-term assets, current liabilities, long-term liabilities, and stockholders' equity.

Brief description of each company business plan : Select two engineering or technology related company business plans. Brief description of each company business plan and strongest components of each plan

Calculate taxable income after the transaction for grey corp : Assume his adjusted gross income was $50,000 exclusive of these transactions. Compute his adjusted income for 2018, using the provided MACRS schedule.

What is the standard deviation of the shares return : Explain what it means for a company to have a current ratio of 0.50. Would the company be better off if the current ratio was 1.50?

Contagion and computational modelling in financial networks : Contagion and computational modelling in financial networks - The step how the financial network should build is in the working paper

Calculate the net present value of this project : Calculate the net present value of this project and the internal rate of return. Should the project be accepted? What is an opportunity cost?

User Account

All Pages