Reference no: EM132317420

Develop a transport and logistics business plan and achieve budgets

1. When formulating business plans, why is it a good idea to ensure that current company competencies are applied within functional activity?

2. Describe the application of relevant Australian and international standards and associated certification requirements when developing business plans.

3. What are the Australian and international regulations, codes of practice and legislative requirements relevant to business operations?

4. When developing a business plan, why is it important to understand the business's equipment applications, capacities, configurations, safety hazards and control measures?

5. When developing a business plan, describe why you would research operational competitors and internal business systems, resources, management and workplace operating systems.

6. In developing a business plan explain how you would account for market and other external environmental factors including the regulatory environment.

7. Describe why it is important to include organisational strengths and weaknesses in a business plan including the competencies of individuals in the team/group.

8. What problem/s can occur when developing a business plan, and what action/s could be taken to report or resolve these problems

9. Explain how you would ensure relevant workplace processes are documented

10. A major concern of any business when preparing a business plan is the availability of resources, how would you analyse this concern within your/ an organisation?

11. What workplace processes should be in place for developing a transport and logistics business plan?

12. Describe why companies need to develop quality assurance and customer service standards policies and procedures?

13. What form of budgetary control systems and policy and procedures should you have in place when formulating budgets?

14. Explain what is meant by the following terms:

- Budgetary Systems

- Resources

- Workplace operating systems

- Management systems

- Limits of authorised expenditure

15. What are some of the problems that can occur when you are setting and achieving budgets and how do you report them?

16. What actions can you take to alleviate and resolve the problems identified in the previous question (15)?

17. Explain the accountancy practices that would be taken into account when developing budgetary control?

18. When setting budgets, what are the regulations, codes of practice and legislative requirements that you would need to adhere to?

19. When setting budgets why must you take into account the resources available, which would also include the competencies of the individuals within the work team / group?

20. Describe your workplaces processes for setting and achieving budgets. In the event you are currently not working, simply describe the workplace processes that could be implemented for setting and achieving budgets.

21. List two (2) risks that may exist when setting and achieving budgets and ways to control these risks.

22. Multiple Choice- Select the most appropriate answer:

Where a budget under or over spend is likely to occur:

a. In the event of an under spend no notification is needed, but in over spend circumstances the department manager should be disciplined

b. A new budget should be implemented

c. Inform all stakeholders

d. Appropriate people are informed with minimum delay

Attachment:- Develop a transport and logistics business plan and achieve budgets.rar