Week 5 Discussion/Strategic Management

"Operations"

For this week's discussion, please respond to the following: 

1. How would your NAB business work in term of operations (production, inventory control, distribution, customer service, research and development, etc.)?

Notes: 

• You will have to include all the equipment, technology and personnel listed in your NAB Company Portfolio from your business plan. The information is located under Note #2 in the portfolio. 
• You must use the information from the NAB Portfolio first and then you can add to it.  
• Check out Chapter 11: Operations to learn more. You will use this week's information in Assignment 3.

 To help you get started with Week 5 Discussion

Operations:

Describe the day-to-day functions of your company (include the appropriate information from the NAB portfolio-notes # 1 and 2).

 How will you run your business? Consider the following areas:

• Facilities
• Production process: how will you produce the product
• Inventory control- how much inventory you will have
• Distribution- how will you distribute the product
• Customer service- how will you handle customers and returns
• Research and Development- how will you improve the product and how will you continue to search for new combinations/ flavors
• Etc.

Resources:

• Chapter 11- Operations-  for information, worksheets, and a sample plan
• Video overview of how to approach this discussion below: