Operational management plan once implemented

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Reference no: EM133777906

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Provide an overview of your proposed strategies that will be applied to evaluate your operational management plan once implemented. Include overview of frequency and approach this is what i wrote is it correctThe operational management plan will be evaluated on a quarterly or annually basis. The evaluation will involve reviewing the financial reports to assess the accuracy of the financial data, the effectiveness of the budget reviews, and the success of the cost control measures. Strategies that can be applied to evaluate operational management and frequency and approach: Using KPI performance measurement to evaluate business activity and provide a way for managers to track progress and take corrective action . Must track them on a regular basis which may identify trends in general business performance. Monitor fixed and variable cost-making sure that the business has enough capital to cover day to day activities. Include pricing policy- Planning profit targets.

Reference no: EM133777906

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