Business Plan Breakdown 4—The Operations Plan This is the fourth milestone of your business plan—the operations plan. Tasks: Research the operational components of your chosen project. Based on your research and the knowledge that you have gained from the course, create a 4- to 5-page operations plan by completing the following tasks: - Define the management team by drafting an organizational chart and a plan for hiring employees.
- Draft the key employee policies and a code of ethics.
- Provide the details on the workplace environment, the location of the business, and the facilities necessary to operate the business. If a virtual component is a part of the workplace, explain how that is going to be incorporated.
- Describe the supply chain of the venture, with its main components and its management approach.
- Describe the manufacturing or customer service processes, discussing economies of scale and plans for attaining those economies (if applicable).
- Discuss significant innovations related to the delivery process, production (if applicable), inventory management (if applicable), and distribution.
- Describe methods to define and ensure the quality of the products or services.
- Discuss laws impacting the business and methods for compliance with federal, state, and local tax laws.
Submission Details: - COMPLETE YOUR 4-5 PAGE PAPER AND SUBMIT IT TO THE DROPBOX.
| Assignment Components | Proficient | | Define the management team, drafting an organizational chart, and an employee hiring plan. | Defined the management team in a comprehensive way, drafted a consistent organizational chart, and developed and presented an employee hiring plan that is appropriate and detailed. | | Draft key employee policies and a code of ethics. | Defined and explained key employee policies and defined a code of ethics. Both are reasonable, clear, and focused. | | Provide details on the workplace environment, its location, and facilities necessary to operate the business. If a virtual component is part of the workplace, please explain how that is going to be incorporated. | Details on the workplace environment are clear, specific, and provide a comprehensive review of its location and facilities necessary to operate. Any and all virtual components of the workplace are explained and are reasonable. | | Describe the supply chain of the venture, with its main components and its management approach. | Described in detail the supply chain of the venture, as well as the approach to manage it. Both are complete and reasonable. | | Describe the manufacturing or customer-service processes, discussing economies of scale and plans to attain them (if applicable). | Manufacturing or customer-service process is clearly described. It includes specific economies of scale and plans to attain them, if applicable. | | Discuss significant innovations related to the delivery process, production (if applicable), inventory management (if applicable), and distribution. | Innovations related to delivery process are discussed. They are clearly related to the delivery process, production, inventory management, and distribution. | | Describe methods to define and ensure the quality of the products or services. | Methods described are appropriate to ensuring quality of products or services. They are specific and clear. | | Discuss laws impacting the business and methods for compliance with federal, state, and local tax laws. | Laws impacting the business are identified. Methods for compliance are specific and reasonable to implement. | | Write in a clear, concise, and organized manner; demonstrate ethical scholarship in accurate representation and attribution of sources; display accurate spelling, grammar, and punctuation. | Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in accurate representation and attribution of sources; displayed accurate spelling, grammar, and punctuation. | | | | | |
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