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You have a novel product idea and a working prototype for floating fishing pliers. You use an extrusion process to manufacture the pliers, and your family assembles them out of your basement. Your plan is to distribute them through sporting goods stores that cater to anglers. Applying all that you have learned in this course, create a detailed strategic plan for the next five years. You should include the following elements of comprehensive strategic plan: •A mission statement that describes the overall purpose of the organization •A resource needs assessment •A statement and some detail on the technology requirements, goal statement, and rationale •A set of objectives (measurable and observable) •A statement on the hardware, software, and facility resource requirements •A statement on training resource requirement and staff development plan •A marketing plan •An itemized budget, evaluation method, and funding sources
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Explain the term Marketing. Marketing: All organisations are occupied in producing products or services meant for utilize/consumption by people at large. Wants and needs are
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A manufacturing company preparing to build a plant is considering three potential locations for it.
The Ambrosia Bakery makes cakes for freezing and subsequent sale. The bakery, which operates five days a week, 52 weeks a year, can produce cakes at the rate of 116 cakes per day.
Explain principles of delegation The Principles of Delegation are as follows:- (i) Parity in between responsibility and authority - There must be complete parity between
A manufacturing company preparing to build a new plant is considering three potential locations for it. The fixed and variable costs for each alternative location are presented bel
Abbott Manufacturing produces plastic cases for solar photovoltaic panels and has decided to combine orders from customers to increase work order size, and thereby make one large p
Q. what are the quality circles? Quality circles is an American conceptual, whereby a group of five to eight employees, usually working in similar area, volunteer to meet onto
Which stakeholders that was affected by the bp spill situation in America. What is the negative impact on that stakeholder?
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