Reference no: EM133027872
Assessment Task 1: Written Questions
Provide answers to all of the questions below:
1. Explain the purpose of a Strategic Plan and an Operational Plan, and the role of an Operational Plan in achieving the organisation's objectives.
2. Outline the information that is usually included in an Operational Plan.
3. Explain a typical process for developing an Operational Plan.
4. Explain the purpose of a budget.
5. Explain a typical budgeting process.
6. Explain the purpose of key performance indicators.
7. Discuss four approaches to developing key performance indicators.
8. Discuss the concept of a balanced scorecard as an alternative approach to measuring business performance through key performance indicators.
9. Explain the concept of benchmarking as a way of assessing business performance.
10. Provide a definition of a PCBU and outline their key responsibilities.
11. Outline the aim and scope of the Fair Work Act 2009.
Implement strategies for recruiting staff
: Implement the operational plan by organising human resources and equipment requirements in accordance with organisational policy and procedures
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How much interest will you earn
: You invest $3,000 in a certificate of deposit that matures after twelve years and pays 4 percent interest, How much interest will you earn
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Develop operational plan project
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What is the operating leverage
: BSA Company reported P240,000 total fixed costs, P18 sales price per unit, P12 variable cost per unit. At 50,000 units, what is the operating leverage
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Discuss the concept of a balanced scorecard
: Discuss the concept of a balanced scorecard as an alternative approach to measuring business performance through key performance indicators
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Explain the purpose of a Strategic Plan
: Explain the purpose of a Strategic Plan and an Operational Plan, and the role of an Operational Plan in achieving the organisation's objectives.
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How much will you need to save per month
: You want to retire in 30 years and be able to withdraw the equivalent of $90,000 per year. How much will you need to save per month
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What is the total shareholders equity on December
: On November 20, 2019, Bassig sold 4,000 treasury shares at P10 per share. What is the total shareholders' equity on December 31, 2019
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What is the quick ratio
: Souvenirs Pty Ltd has a current ratio of 3:1 and current liabilities of $15000. If Souvenirs Ltd has $10000 of inventory, what is the quick ratio
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