New Bits Of Knowledge And Drive Business Planning Essay

New Bits Of Knowledge And Drive Business Planning Essay
Business Analytics refers to the skills, advancements practices for continuous iterative investigation and examination of past business execution to pick
up knowledge and drive business planning. Business analytics concentrates on growing new bits of knowledge and comprehension of business
execution taking into account data and statistical methods. Conversely, business intelligence generally concentrates on utilizing a predictable
arrangement of measurements to both measure past execution and guide business planning, which is also based on data and statistical methods
Business Analytics is focused on the most recent business intelligence tools, innovation and patterns for business officials who plan, manufacture, and
utilize business knowledge items and arrangements. Today business intelligence and analytic technologies are permitting enormous organizations to go
big, go fast, go deep, go cheap and go mobile with business information.
During a period when associations in various business ventures offer practically identical things and usage equal innovation, high–execution business
strategies are among the last motivations behind partition. Expansive parts of the past bases for contention are not any more open. Unique area purpose
of inclination doesn 't have any kind of effect in overall contention, and protective control is, all things considered, gone. Prohibitive advances are
immediately copied and jump forward improvement in things or organizations has all the
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Financial Planning And The Business Planning Process
Introduction Planning is a significant and necessary step for all businesses (Topfer, 2011), but its importance is magnified for entrepreneurs starting a
new business. They must determine if they have a viable product/service that a business can be structured around, create a projection on how the
business will potentially perform financially, required sales levels to turn a profit, etc. Without the proper planning and analysis, entrepreneurs are
setting themselves, and their business, up for failure. There are many tools available to entrepreneurs to help determine if their proposed business
will provide a needed product or service and if the business to offer and manage those products and services will be successful. One of these tools is
that of a feasibility analysis. This paper will discuss exactly what this analysis is and the benefits it provides to the entrepreneur. Financial planning is
another step successful entrepreneurs will utilize in the business planning process. A more in–depth process than that in the feasibility analysis, this
process involves making calculating projections of the business venture's financial performance. This paper will further identify why the financial
planning process is imperative to an entrepreneur's business planning. One component of financial planning for new businesses is determining the level
of sales they will earn. It is important that organizations research and forecast these levels, as this revenue is what will help drive

Enterprise Resource Planning : A System Packaged Business...
Enterprise Resource Planning is a system packaged business software system that allows an organisation to automate and integrate the majority of its
business processes, share common data and practices across the entire organisation and produces and access information in a real time environment.
Cloud–based ERP benefits customers by providing application scalability and reduces hardware cost. Cloud computing technology makes customers
build an internal cloud to reduce ongoing hardware costa while maintaining greater control over the integration and require local access to their data
server. The Return of enterprise solutions: The Directors cut (Accenture, 2004) report shows that to achieve benefits from enterprise solutions
executive must start acting like movie directors and less of a producer. Executive in these companies viewed their role as bringing together and
overseeing the necessary resources needed to build a new competency. The research reveals that substantial benefits are realised only when organisation
creativity takes the raw components, claim them as its own and directs them to meet its unique business vision. The organisation seeking to capture the
original promise of enterprise solution, this would mean that one must be integrated, optimise and informate. First, integrate. This should be unify and
harmonise enterprise solution, data and processes with the organisation should be unique in the environment and the system should be used in a better
way to connect

The Cost of Business Continuity Planning Versus the...
The Cost of Business Continuity Planning Versus the Potential of Risk
Though the cost of mitigating risk can be high, the lack of proper business continuity planning and disaster recovery planning will leave a company is
at risk of a catastrophic loss of revenue due to the loss of the Information Systems. Any company that relies on its Information Systems for their
operations should invest the time and revenue in developing an efficient and effective Business Continuity Plan (BCP) and a Disaster Recovery Plan
(DRP). This study will compare the differences in what a Business Continuity Plan is used for and what a Disaster Recovery Plan is used for.
Additionally, it will evaluate the risk having a Business Continuity Plan and Disaster ... Show more content on Helpwriting.net ...
Business Continuity Planning also helps to identify a company's exposure to internal and external threats in order to provide effective prevention and
recovery for the company, thereby allowing it to maintain a competitive advantage and integrity. Krutz identified four major elements of a Business
Continuity Plan, scope and plan initiation, business impact assessment, business continuity plan development, and plan approval and implementation
(Krutz, 2003).
The first step to creating a business continuity plan is the scope and plan initiation phase. This phase is the beginning of the Business Continuity
Planning process. This phase involves creating the scope for the plan and identifying any other elements needed to define the parameters of the plan. In
this phase a detailed examination of the company's operations and support services must be accomplished. Some of the activities identified in the
Scope could include: listing the resources to be used, creating a detailed listing of the work that is required, and defining the management practices to
be employed. This phase is usually conducted by a group that has been assigned by the senior leadership of a company. This group should be given the
assignment of creating, implementing and testing the plan. The group should be made up of representatives from senior management, all functional

The Business 's Planning And Control Policy
BUDGETING
In the most recent years budgets are considered to be one of the key factors about the business's planning and control policy (Thomas, 1983, p. 133).
Financial budgets show the business's strategy concerning the following year compiled by financial statements, plus they are supposed to be the policy
used in order to evaluate the managerial performance and be the principle of the management system (ibid). Budgets are considered to be attached to the
concept of control.
It is really essential that firms create a written project that formulates which will be the objectives of the company, what kind of strategies should be
followed and what outcomes are more likely, also known as performance targets (Merchant & Van der Stede, 2012, p.306). According to Drury (2004,
p. 593) budgeting is affected by the fulfillment of the deep–rooted plan for the following year and, due to the shorter preparation boundary, budgets are
supposed to be accurate and particularized. Budgets are a straightforward evidence of what should be anticipated to be accomplished throughout the
duration of the budget period.
According to Hansen and Mowen (2003, p.992) "Budgetary slack is the process of padding the budget by overestimating costs and underestimating
revenues". Managers and workers in a firm need to be encouraged to participate in the budget. There are two main ways in which the participation in
the budget takes place: the first one is the "top–down" approach, in which the managers give

Executive Summary For Business Planning
SUMMARY
I am a Strategy Analyst/Consultant with tertiary qualifications in Business Management and an international certification as a Change Management
Practitioner. I have more than five–years of experience in assisting companies in Strategic Planning, Business and Cultural Transformation,
Organisational Design, and Leadership Development projects across a number of sectors in Australia and abroad, including Higher Education,
Automotive, Government, Healthcare, and Agribusiness. I have a solid understanding on how to develop a multi–year strategy and planning process
by coordinating and liaising with the relevant key stakeholders, create a system and organisational dashboard to ensure performance accountability,
lead and deliver strategic ... Show more content on Helpwriting.net ...
Facilitation skill: ability to guide and direct key parts of organising work with the relevant stakeholders, including the senior leadership/management
team in meetings, planning sessions, and training classes, for high–level decision making
Leadership skill: ability to develop and motivate team members and resolve conflicts
Project management: strong ability to independently deliver quality output within set timelines and manage competing priorities
IT/Computer skill: highly competent in utilising the Microsoft Office suite (e.g., Excel, Word, PowerPoint, Outlook, Project, and Visio) as well as
other analytical and reporting tools (e.g., DAPPER/Tableau, SPSS, SQL, and Business Objects)
PROFESSIONAL EXPERIENCE (SELECTED)
DWS Ltd Jan '18 – Apr '18
CHANGE ANALYST/CONSULTANT
Assessed the client's change readiness in implementing the Agile Methodology in their project delivery, and accordingly, crafted a Change Plan
Improved the schedule and project timeline, and monitored and created a report on project progress
Organised and executed the Change Requests to meet project goals and performed risk management
Coordinated Process Analysis and Process Improvement

Business System Planning For Indian Railways For The...
Introduction:
Business system planning focuses on data and processes. It is generic in its application, meaning that products, as well as CENTRAL FOR
RAILWAY INFORMATION SYSTEM can benefit from its use. Indian Railways uses BSP when they want a new way to view the organization and
determine the information needs in order to build CRIS. This process is very comprehensive, therefore it is often time consuming and expensive. BSP
defines the information architecture for IR.
Back ground:
An efficient planning document is essential for Indian Railways for the economic health of the country. Indian Railways connects the different parts of
the country together. Railways are the main approach of communication for citizens. Indian railways adopted information system in early 1960s.
However, IR have been operating two types of information systems such as Online Reservation system, which deals with providing customer service
and accommodation to passengers, and Freight Operating system deals with maintenance of the fuel, energy efficiency and human resource
development.
Mission statement of Indian Railways:
The information system implements a railway ticket issuing system for the IR. This solution allows overcoming the extreme human intervention to the
current ticketing process. This planning system will be an automated system so that IR will be able to manage their ticketing transaction efficiently.
Mission of IR is focusing on three types of Planning
1.Strategic Planning
2.Tactical

Sample of Planning Department Business Plan
[pic]
[pic] [pic]
Contents
Executive Summary3
Mission Statement3
Organizational Structure4
Program of Services5
Program One Current Planning5
Services5
Service level Objectives6
Service Level Measures7
Departmental Strategies7
Citywide Goal7
Future Outlook8
Program Two Long Range Planning8
Services8
Service level Objectives8
Service Level Measures11
Departmental Strategies11
Citywide Goal11
Future Outlook12
Funding Needs12
Staffing12
Operations & Maintenance13
Capital13

Key Issues13
Departmental AnalysisAppendix A
planning Department
2009/10 Business Plan
Executive Summary
Both the Current Planning (Development Review) and Long Range Planning (Comprehensive Planning) programs relate directly to the ... Show more
content on Helpwriting.net ...
Service level Objectives
These services are delivered in response to citizen, property owner, and developer questions and applications. These services are conducted largely in
the Current Planning program, which is staffed by two planners. The Planner II devotes about 80% and the Assistant Director devotes 60% of work
time to these services. One long range planner (not in this program – in Long Range Planning) also conducts many of these reviews (about 40% of
work time allocated). A second long range planner (not in this program) occasionally conducts casework (about 15% of work time). The Program also
includes two full time Development Coordinators. These positions provide full time support to planning, engineering, and building as well as an
interdepartmental reviewing team (Development Review Committee). The Planner II also serves as the City's Land Manager, devoting roughly 5% of
work time to this function. The Director of Planning devotes about 50% of time providing direction, oversight, and interdepartmental coordination on a
weekly basis. Normal working hours where this service is provided is Monday–Friday 8:00 a.m. to 5:00 p.m. with weekly night meetings. Most of the
service is provided at City Hall with occasional off–site meetings at other City facilities or with customers. Work also involves site visits and
inspections.
Service Level Measures
|Service Level

Business Planning For Enduring Social Impact : A Social...
Business Planning for Enduring Social Impact: A Social–Entrepreneurial Approach
To Solving Social Problem
A Book Report by Vergel John De Vera Amistad
Introduction The book is entitled Business Planning for Enduring Social Impact: A Social–Entrepreneurial Approach to Solving Social Problem and is
authored by the two well–known authors – Andrew Wolk & Kelley Kreitz. The publisher of this book is Root Cause Publishing which is founded by
Andrew Wolk and is located in 675 Massachusetts Avenue, 9th Floor, and Cambridge, MA 02139 of the year 2008.
About the Authors
The book entitled Business Planning for Enduring Social Impact: A Social–Entrepreneurial Approach to Solving Social Problem is authored by Andrew
Wolk and Kelley Kreitz.
Andrew ... Show more content on Helpwriting.net ...
She is also known for reporting from different news stations in Berkeley, California.
In this book report, I will try my best to discuss and explain briefly how important business planning is when it comes to starting up a social enterprise
and how can I apply these learnings in the real world. And also it could help start–ups because it includes some tips and guides, terms and concepts,
and new knowledge about sustainable social impact. All of the facts presented in this book review are based on the information provided in the book.
As Benjamin Franklin once said, "If you fail to plan, you are planning to fail." This is also applicable when starting up a business either it's only for
profit or non–profit. The book can be summarized by the picture shown above. It shows how important business planning is to attain sustainable social
impact. In layman's term, business plan is like love by married couples, without it, it cannot survive for a lifetime. Business plan can be considered
as the life of the enterprise since all of the plans, structures, strategies, and activities are included and also it effective forecasts if the enterprise will
be feasible or not. Business plan will guide your organization in generating another kind of profit: lasting social impact. This will be further discussed
on the next pages of this book review.
Since I am really interested with the idea of social entrepreneurship, this book taught me the importance

Business Continuity Planning and Strategic Pre-Incident...
Essay: Business Continuity and strategic pre–incident changes the company would follow to ensure the well–being of the enterprise.
Pre–Incident Planning:
Good Business Continuity Planning starts with being proactive. That means taking concrete steps to plan for an incident much before it actually
strikes. There is no one single approach that fits for all types of incidents as no two emergencies are identical. Much of business continuity planning
varies based on the size of the company, company's line of business, and the locations of the company, customers and suppliers.
Planning for the business continuity of GlobalNet in the aftermath of a disaster is a complex task. Preparation for, response to, and recovery from a
disaster ... Show more content on Helpwriting.net ...
3. >2 Week Business DisruptionA disaster including a complete loss of facility and/or
Primary IT systems and data center, regional utility failure. All critical business operations moved off–site. Large–scale work–from–home/alternate site
and remote access. All operations resume on–site in <30 days or a new site is required. Category–III type systems and application are desirable for
carrying out least critical business operation and the plan will list them.
During a disaster or emergency, the company must maintain normal operations required to address time–sensitive, disaster–specific issues. No plan can
anticipate addressing all the human, operational and regulatory issues raised during a disaster or emergency.
This plan addresses issues required for continuation of essential business functions, such as need assessment, communication and coordination under
rapidly changing circumstances.
Incident Response Team Roles and Responsibilities
GlobalNet's Incident Response Team role and responsibilities are defined as below:
VP of Admin – Business Continuity Steering Committee Chair & Executive Director * Delegated authority by Office of the President and CEO
for Company–wide Business Continuity Process. * Executive Director and chairperson of Business Continuity Steering Committee * Available for
emergency meetings, conference calls,

Enterprise Resource Planning in Business in India
CHAPTER I
Introduction
1.1 BACKGROUND OF THE STUDY
1.1.1 ENTERPRISE RESOURCE PLANNING
Enterprise Resource Planning (ERP) is one of the widely used software for managing and integrating the whole business. It gives a real time view of
business and uses a database in the centre to manage and update the entire information flow in an organization. An ERP focuses on three main aspects
as its name suggests they are: Enterprise, Resource and Planning. It concentrates on integrating all the departments in an organization which is
considered to be the most difficult part in an ERP implementation process.
The concept of ERP was initially applied to reduce the inventory costs and was mainly used in manufacturing industry. The inventory levels were
monitored and real time updates were done and status reports were done. During 1970's MRP (Material Requirements Planning) was majorly used to
schedule the production and understand the requirement of materials; later during 1980's the scope of MRP expanded to MRP–II (Manufacturing
Resource Planning) where it moved beyond material handling and inventory control and extended itself to entire manufacturing operations like Human
resources, asset management etc.
These applications acted as the basic foundation for the ERP systems of today. ERP scope has expanded way beyond manufacturing; its presence is
inevitable in almost all the industries. It has been able to accommodate all business functions by integrating both front and back end

Business Continuity Planning
Continuity Planning Over the last several years, business continuity planning has become an essential tool that is used to help firms prepare for
different contingencies and account for uncertainty. During this process, there is a focus on the effects it will have, in the form of a business impact
analysis (BIA). To fully understand how this is influencing organizations requires carefully focusing on: the methods for establishing component
priorities, determining reliance / dependencies and providing recommendations for the development of the plan. Together, these elements will highlight
the most important aspects which should be taken into account. Describe the methods for establishing component priorities Establishing component
priorities is an essential ingredient in determining how effective an organization will be in dealing with critical challenges and the way it adapts to
them. To achieve these objectives, there is a focus on several different areas to include: business functions / processes, BIA scenarios / components,
the financial / service resources which are not available and recovery time frameworks. These areas are important in creating specific criterion. That
will help an organization to determine its underlying needs and how to critically address different challenges. (Hildes, 2002) Business functions and
processes Business functions and processes are when the firm will look at critical weaknesses and objectively decide if there are areas that could

Strategic Business Management And Planning
Strategic business management and planning
Chapter 1 –understanding the role of strategic planning in organisations
1.2 Strategic management is a way of formulating, implementing and evaluating, cross – functional decisions that enable an organisation to achieve its
objective. It ensures that employees and other stakeholders are working towards common goals, establishes agreement around intended outcomes
/results, and assesses and adjusts the organization 's direction in response to a changing environment. The purpose of strategic management is to exploit
and create new opportunities, to foresee business value in the future, to eliminate the possible risks in the environment, and to look for the changing
market trends.
Mission and vision statements are a process of which an organisation realises its goals and values.
A vision statement realises a firms direction and what it would like to become in years to come. It is also used to inspire, focus and stretch
performance of a company's employees and stakeholders. A vision statement is often relatively short and concise making it easy to be remembered, but
in some rare occasions vision statements can be longer. The most affective vision statements are when a CEO involves a range of people including
managers, employees, suppliers and customers to develop it. A vision statement should also clearly involve the conditions of firm's internal and
external environments. A vision provides a foundation for a company's mission.
A

Business Continuity And Disaster Planning
Final Paper
Created By David A. Kennedy
Business Continuity and Disaster Planning
FES6827
Dr. Lindsey
Be Prepared
Owning a business can have many stressors day to day. When starting a business there is a lot of planning and preparation involved. Many small
businesses are owners who have put their own money into the business and look at it as an investment. Unfortunately with all the planning that goes
into starting a business, one thing is often over looked. Most of the time the "what ifs", are not part of the planning stage. One reason for this is that
people do not like to think of the bad things that could or may happen. So with all the time and planning put into starting a business why not put some
extra thought into a plan B if a disaster strikes? This plan B could be a business continuity plan or a disaster recovery plan. Business continuity plans
are an essential part of the modern day business. There are so many potential disasters for small businesses that could seize the production or even
close the business down for good. A recent study from Gartner Inc., found that "90% of companies that experience data loss go out of business within
two years. It also found that 80% of company owners have not thought about how they would keep their businesses up and running if a data disaster
occurs." According to the Association of Records Managers and Administrators, "about 60 percent of businesses that experience a major disaster such
as a fire close

Differences Between Minority And Non Minority Small...
The aim of this quantitative correlational study is to understand the differences between how minority and non–minority small business owners'
approach succession planning. This study will use a ex–post facto design. An A priori power analysis test using the G*Power 3.1.9.2 software program
will be used to establish a minimum overall sample size of 134. Specifically, a Wilcoxon–Mann–Whitney (two groups) statistical two–tailed t–test
calculation with an effect size d of .5, an alpha level of .05, and beta level of .80 will be used to determine a sample size group of 67 participants. The
subjects for the current study will consist of U.S. small business owners selected using multiple sampling frames. Although multiple sampling frames
hamper generalization to the population, it allows for convenience and is suitable for difficult and rare populations (). Subjects in the study must fit the
definition of small business owner, one who establishes an independently owned and operated business for profit in the United States and has less than
500 employees.
The current study has two types of variables: the independent and dependent variables. The dependent variables are succession preparedness, enterprise
characteristics, and proportion of businesses with formal succession plans and the independent variable, small business owners' approach to succession
planning. The independent and dependent variables will be measured using an electronic questionnaire composed of items from

Planning and Individually Designed Business Essay
Q1: What are "make–to–order" (MTO) and "make–to–stock" (MTS)? Why did EA cakes want MTS over MTO? Do you agree with such a decision?
Why or why not?
Q2: What are aggregate: capacity planning (ACP), master product scheduling (MPS) and shop floor scheduling?
Q3: How is the adoption of SAP viewed by (a) production staff, (b) IT staff and (c) the management?
Q4: Can a standard software system like SAP give adequate computer support to an individually designed business management system? Take a stand,
and give some rationale for your position.
Make–to–order (MTO) is a business production strategy that typically allows consumers to purchase products that are customized to their
specifications. MTO strategy only manufactures the end product ... Show more content on Helpwriting.net ...
The financial goals of the company are forecasted by demand.
Master production scheduling (MPS) is a plan that has been developed by a company for production, inventory, staffing etc. MPS gives the operation
manager of an MTS company the ability to ensure that available capacity is allocated with a customer focus.
Shop floor scheduling prioritizes, schedules work, and communicates the progress of work regarding the schedules and plans that have been made.
Shop floor planning is necessary to ensure that expected quantities are completed on time and that resources such as labor, materials, machinery and
equipment are used to best effect.
The production staffs viewed the adoption of SAP as an ERP system that focuses on function such as inventory, finance, accounting, production, etc.
They had doubt about how SAP modules are relevant to their business processes. The production staffs believed the functional view poorly represents
the interaction with other functional views.
The IT staffs were certain that the existing SAP software will provide all necessary computer support. They believed that even if the SAP would not
fit their business processes precisely, it may be an investment that provides greater long–term flexibility and better solutions to the company's problem.
The management of EA cakes' adoption of SAP was a predicament. The managements were put in between two equally undesirable alternatives. They
have a choice of either

The Four Phases Of Small Business Strategy Planning
The Four Phases of Small Business Strategy Planning There are a host of definitions for strategy. Rather than trying to be comprehensive or creating
a definition that tries to be the authoritative source, I 'll use a simple definition of strategy for my purposes. Strategy is a plan of action designed to
achieve outcomes. That 's it. This definition is loyal to best tenants of strategy as well; be flexible, nimble and leave options until you reach the
appropriate time or level to add further definition. The process of defining the desired outcomes is usually incorporated into the concept of strategy
planning. In an agile and well–led organization, execution is also wrapped into strategy so that the plans can stay flexible, updated, and resources can
be used to increase success. The best, most refined, and most successful strategy model has evolved from ancient China, was updated in Prussia, and
has slowly been creeping into the business world. There are four steps to the process and I prefer to keep them all under the strategy umbrella to help
leaders reach the planned outcomes. The iterative sequence is: setting goals, planning, actions, and outcomes. In setting strategic goals, you must
consider what outcomes you desire for your business. Assuming that you are in business to earn revenue, you must link your outcomes to needs that
your customers have in order to capture that revenue. The best source for setting goals is your business mission, values, and vision

Questions On Start Your Business Planning
Article 1
5 Easy Ways to Kick–start Your Business Planning
Many people have concerns about starting a business. Some believe that their only alternative is to start your own company, as the economic situation
or the state of unemployment leaves them no alternative; some people have a great idea or product and would like to undertake their business; and there
are those who do not feel content with their current job or boss and think they could do a better job on their own. But whatever their reason or
motivation to start a business is, there are certain steps you should follow: First and most important is to understand and learn what is a company with
all its components as well as the advantages and disadvantages of being an entrepreneur ... Show more content on Helpwriting.net ...
The first thing an entrepreneur should do to do when starting an own business is to check to what extent this idea is innovative, find out if there are
customers for it and what is their market. The mill itself has no meaning, only has economic value when placed on the market. During the first phase,
the entrepreneur must invest in equity or "seed", as they call some investors. Who turn an idea into business must be workers, motivational, cognitive,
multifaceted and decision makers people. They start dreaming of something, but short–term priorities set to leave nothing to chance. Despite the
obstacles, they adapt to change and aim to achieve good results. Over time, they are assigning responsibilities and become leaders of the company.
They surround themselves with loyal people, recognize their weaknesses and solve it quickly. They deliver more than promised and clearly
communicate the mission, vision and objectives of the company at home. An important quality that entrepreneurs have is that when they come up the
idea, believe in it and make it a reality. They set goals and make the group focus on meeting them. They can work in uncertain environments and share
success with their peers. Article 2
Ethics and Organizational Culture The article explains the importance to note that ethics is important both in the personal life of professional and
moral principle within the organization, as it will depend on this if it gets

The Key to a Successful Business Is Planning
Most new businesses show that they fail to work out in less than five years. There is a four out of five chance that the business will survive. Causes
for this include poor planning, not being able to compete in a challenging market, or a lot of debt. Opening a business takes a lot of planning and
patience. If you rush to open up a business without any financial planning, you could possibly fail. Studying microeconomics can help you in this
situation.
Before your studying and planning, you need to be aware that starting a business is not easy and there are going to be many things that come along
with it. This can include writing out a business plan, strategy, and advertising. You should also figure out if you are going to have employees in your
business, how many you will need, and the insurance that will be included. If you are opening a business that falls in the retail category, you may want
to consider looking for vendors and suppliers which will really help in starting your retail business.
Looking at where you are going to open your business is very important. Always inspect where your location to assure that is where you will want
to open your business. Taking out a loan is the best route to take, but you also need to make sure you will be able to pay it back. This is a main
reason why financial and business planning is really important. An important question to ask yourself is, "Will there be enough demand for what you
are trying to sell and will you be able to

Event Planning Business Plan
Business Plan Executive Summary Extravaganza is a full service company that provides complete party planning services for weddings, bridal
shower, baby showers, Sweet 16 and anniversaries. Our staff is experienced and dedicated professionals with many years of party planning
experience. Extravaganza listens to the customers' needs and works with them to create the event of their dreams. We want every detail of their
event to be both a pleasurable and a memorable experience. Therefore we offer a host of packages and services specifically tailored to the needs of
each person. Our goal is to satisfy ever customer's needs and let them realize that there can be a stress–free & affordable way to plan a party. 2. The
Business Summary... Show more content on Helpwriting.net ...
Also by using all our contacts and resources in the area, that we have relationships with, we save the customer money. Since there are not many
party planning companies in Jersey City it will make it easier for us to get most of the business in the area. Extravaganza is in a unique position of
competition. We compete against other event planners that are probably much larger, hotels that have their own space for the event and people
who just do it on their own. The hotels have an advantage and that is that they already have a staff in house, they are able to provide many services
in one location. But the downfall is that they have so much going on that errors are bound to happen. Also it can be very costly. Other event
planners have an advantage because they have been in the industry much longer and probably have more clients. People who decide to it on their
own can manage the cost of the event and add personal touches to the party. The only thing is that it is very time consuming and they might not
have the resources needed when it comes to pricing, service, etc... Marketing Plan To have a successful marketing strategy we will look at our
competitors and see how it works for them and see if there are ways to improve it to benefit us. We need to see where their weakness lies and try not
to follow the same pattern. There are many ways to advertise and promote our business such as: В·Web В·Trade Shows В·

Business Continuity In Disaster Recovery Planning
Class, Business continuity is the process by which an organization can ensure its recovery and return to normal operations after a disrupting event
(Peltier, 2014). The actual actions which the organizations execute are contained in the disaster recovery plan, which is based on information gathered
from the continuity process. Although both of these topics are incredibly important to the survival of an organization, many organizations take
shortcuts in the planning process. Some common pitfalls in the continuity planning process include poor questionnaires, poorly timed interviews,
poorly recorded interviews, and lack of proper preventive controls (Peltier, 2014). Issues on the disaster recovery plans typically include where backup

Business Model : Strategic Management, Development,...
When considering the question of the introduction of a novel business model, in to an established marketplace, consideration must be given to the
details of how the introduction will take place, what aims, goals and boundaries the organization will have and how progress towards those aims will
be assessed and monitored; that is, a business strategy must be formulated and strategic management processes must be emplaced.
This chapter aims to critically assess academic and professional literature concerned with strategy, strategic management, development, planning and
implementation. Consideration will also be given to the theory of business models.
2.1 What is Strategy? What is Strategy Management?
The Oxford English Dictionary defines ... Show more content on Helpwriting.net ...
Second, an examination of the organization's competitive environment, including consideration of why some competitors outperform others.
More recently, Nag, et al, carried out an in–depth study examining the same question. The approach they chose was to survey a range of business
professionals, from different business craft groups, as to what they felt Strategy Management meant. In essence, they defined it as an approach to
deciding on and achieving a firm's goals and aims based on assessment of its resources, internal and external environments (Nag, 2007).
2.3 Strategy Development & Planning
2.3.1 Development
As discussed above, the initial step of Strategy Management is to actually develop the Strategy to be used. In this vein, Martin (2010) described a
5–step process, running through the things that need to be considered in the formulation of a business strategy, summarized as below:
1.Set goals / aims and benchmarking processes.
2.Across the potential field available to us, where will we choose to play and not play?
3.Determine market and competitive boundaries.
4.Decide what capabilities are required to progress towards goal.

Business Intelligence And Enterprise Resource Planning
Associations have begun considering and are putting an offer of their assets in the execution of Enterprise Resource Planning (ERP) and Business
Intelligence (BI) into the business. In today 's worldwide focused, considering the connection of complex BI and ERP, these frameworks have ended up
key vital instruments, which straightforwardly affect and are considered as execution markers of the accomplishment of any task with which a ton of
consideration is to be given for the combination of Business Intelligence and Enterprise Resource Planning With a wide mixture of differing qualities
and discontinuity for the mix of ERP and BI into the business, I endeavor to audit and assess a portion of the practices which influence the business ...
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In this manner, for the achievement in the ERP, the association must have information of diverse signs around the procedure of BI since the
significance of BI and ERP organization is regularly perceived. This paper audits the reconciliation of ERP and BI frameworks and how they cooperate
to improve authoritative execution. It first investigates the hindrances confronting ERP frameworks and their requirements for coordination with BI.
ERP and BI Implementation
ERP is a product driven business administration framework that incorporates all exercises and countenances of the business, including arranging,
assembling, deals, and showcasing. Business Intelligence is an idea of utilizing data innovation as an apparatus for accomplishing the aggressive
business, to get to the impression of danger that happens and arrangement the conceivable move to be made.
Organizations began to perceive the abundance of data inside ERP frameworks. The test lies in perceiving the methods for mining, as ERP frameworks
was not initially intended to give constant reports to the clients, the whole framework couldn 't encourage the choice bolster capacity. Inside ERP, the
BI is the methodology of utilizing nitty gritty client conduct data to best oversee connections for most extreme consumer loyalty, devotion,
maintenance and benefit. In this way, a key segment of this BI methodology is an information administration base that empowers organizations to

Enterprise Resource Planning And The Field Of Information...
Business–IT
Name
Institution
Business–IT
Enterprise Resource Planning is one of the biggest breakthroughs in the field of information technology and business. Integration of business processes
through usage of centralized connected information systems gave the impression of solving the most crucial of all the business problems. They were
deemed to assist the management in taking crucial decisions related to the sustainable future of the organization. At the same time, it was also expected
that this system would result in elimination of human errors of omission and commission completely from the business environment. However, the
corporate world saw a completely different picture of the things in the past few years. There were a number ... Show more content on Helpwriting.net ...
It was therefore important to redesign the supply chain management process so that the overall time taken by the organization in supplying the goods
to the consumers could be reduced considerably. They also wanted to eliminate any kinds of stoppages in the process of supplying from the core
suppliers. Overall, the cost of carrying the inventory and finished goods had to be reduced. However, the actual results after the implementation of
the new ERP system were not as good as they were expected. As a matter of fact, the situations related to the internal control system became worse
from bad. The company ended up losing a large amount of money (approximately $100 million) as part of the lost sales across various locations. The
stock of the company dipped around 20% after the implementation of the new supply chain ERP process. They also faced numerous case laws and
legal issues after the process was made live (Wailgum, 2009).
There are a number of reasons as to why this concept failed to work for the company. As part of the new ERP system, they had implemented new
demand–planning software. The new program was implemented without even testing it properly. The result was something which Nike would have
never wanted. The company was never actually able to match their expected sales with the anticipated demand. The manufacturing process was also
affected to a great deal by this mismatch in the process.

Planning Your Own Entrepreneurial Retail Business
Planning Your Own Entrepreneurial Retail Business It is very important for managers of retail stores to have general knowledge on all aspects of the
business. Some examples are knowing their customers, trends in market, accounting, information systems, and so on. One important skill is the ability
to make goals and planning a strategy to reach them. There are many types of goals that go into running a successful business, like financial goals.
Retailers make many financial goals for their business that can arguably be placed in one of the two following categories: profitability and
productivity. Productivity goals can be defined as how much output a retailer gets out from their resource input. A few examples are: Space, Labor, and
Merchandise productivity.
Space productivity – Net sales divided by the total square feet of retail floor space. This shows how many dollars are generated for each square foot of
store space.
Labor productivity – Net sales divided by the number of full time–equivalent employees. This shows how many dollars in sales is made by each
full–time employee.
Merchandise productivity – Net sales divided by the average dollar investment in inventory. This is also known as sales–to–stock ratio. This shows the
money made by each invested dollar in inventory.
Profitability goals can be shown through different profit–based ratios. Another great skill for managers to have is to be able to utilize the profit–based
ratios to show a business' success

Business Continuity Planning Is Now A Vital Part Of...
Business Continuity Planning
1.0 Introduction
Successful firms are usually optimistic, somewhat averse to dwelling on the more unpleasant aspects of business. But the unexpected can happen to
any organization, at any time. While organisations cannot control the unexpected, but they can control on how they respond. In the post 9/11 world,
Business continuity planning is now a vital part of corporate security planning, as business must keep functioning in midst of any disruptive events,
business continuity and disaster recovery can mean either life or death for a firm especially when their dependence on IT is significant. For an
organization that uses IT extensively for its operations, not just recording of transactions, the non–availability ... Show more content on Helpwriting.net
...
Business continuity requires availability of computing, application services, physical network access and network services, as well as user/ client
access to this infrastructure. Maintaining continuity operations and services, including systems such as Web servers, email, critical database and so
forth, requires specific technology. This technology and infrastructure can include virtualization, clustering/failover/failback, server hardware, network
and network services, remote datacentre facilities, replication services and redundant shared storage.
Depending upon the type of event, continuity of a given application is achieved by falling over its services and user/client access locally within the
same datacentre or to a remote, physically disparate datacentre. With business continuity, the failover of a service is measured in seconds or less.
Backup technologies, including those that rely on disk as a backup target, can't provide this level of continuity of services. Backups, in order to be
used a restoration process and are typically used for disaster recovery purposes.
3.0 Disaster Recovery
Disaster recovery is an activity of recovering IT systems following of complete or partial loss of a site due to a natural disaster or security event.
Depending on the extent of disaster, DR can be achieved by restoring systems at an alternative site or within the same site using alternative equipment.
DR requires extensive manual methods to bring IT

Disaster Recovery And Business Continuity Planning
Table of Contents
Abstract1
Acknowledgements2
Introduction3
Business Continuity Plan: What is it exactly?4
Disaster Recovery5
Difference between Business continuity Plan and Disaster Recovery5
Disaster Recovery and Business Continuity Planning Audit6
Best Practices for BCP and DR Plan9
Conclusion13
References14
Abstract
Disaster Recovery and Business Continuity planning are the processes that help organizations to prepare for the disruptive events that may occur.
Disaster recovery events in the past were designed to provide backup options for centralized data centers. Today the disaster recovery plans are focused
on integrated business continuity.
The plan for Disaster recovery audit, maintenance and continuous improvement should include the establishment of the process for keeping disaster
recovery plans and associated activities updated, auditing and reviewing the plans to ensure that they remain fit for the purpose and consistent with the
applicable standards and management controls and establishing a process for the continuous improvement of the disaster recovery program.
The report will focus on the importance of Disaster recovery and Business Continuity Planning in Today's fast changing and Technology driven business
environment & audit of the DR/BCP plans.
Acknowledgements
I would like to extend my appreciation to Professor Raj Sharman and Dr. Manish Gupta for their support and guidance throughout the MS MIS course
and MIS Practicum and for

Financial Planning For A Business
Financial Planning One thing we all need to deal with is that regardless of how awesome a business thought may be, a business lives and passes on
taking into account its money related possibility and in particular its productivity. Despite how hard you function, the amount of your own time and
cash you 've put in, at the end of the day individuals need to be backing something that can give back their ventures to say the least. The funds flow
statement is a report that lays out particularly the amount of cash a firm needs which, the goal of the strategy for success is to raise money, and what
the money will be utilized for. An assumptions sheet is an explanation of the most critical assumptions that your financial statements are based on....
In a perfect world, your income proclamation will permit you to perceive where money is low, when you may have an overflow, and how to be
large and in charge when working in a dubious situation. Funding Requests Measurements is looking for financing in the measure of $100,000.
The assets will be utilized for proceeded with manufacture and gear $5,000, showcasing and publicizing for year one $10,000 stock $50,000,
employing and preparing staff $2500.00, and working capital $32,500. As of now we have brought $15,000 up in value capital. Both proprietors,
Angel Moore and Joyce Moore, have put $7,500 each into Dazzlin ' Divaz Boutique which are not included in the measurement of 100k that we
will need additional for start up. Deals development will be forceful the initial year and a half as we spice our stock variety, and stock levels to
better meet our customers ' needs and wants. On the other hand, it is normal that Dimensions will get to be beneficial in the first year, This is
somewhat because of our lower general deals cost for stock, contrasted with our rivals, additionally because of the way that every one of our deals
must originate from clients baited far from different retailers. When we have a strong client base, we can build our edges marginally without danger
of losing clients. We anticipate that our first year deals will be $15,000 and that we will benefit $5000.00 in the first year. We foresee that our benefit
will

Planning Cycle : Business Planning
Part 2 Planning Cycle: Business planning is a statement of business goals, how they can be attained and plans for reaching them. When the existing
business is to be taken to India a minimum 3– 5 years of business plan is required, because the investors has to look for their annual return in that
timeframe. It is rightly said that – "Failing to plan is, planning to fail." There are five steps involved in planning cycle. 1.Defining the mission
statement. 2.Defining the current status of the business. 3.Determining corporate strategy. 4.Identifying international opportunities. 5.Revising the
business plan. 1.Defining the mission statement The mission behind launching Tim Hortons in India is – "to deliver superior quality products and
services for the guests and communities through leadership, innovations and partnerships." TIM HORTONS Each business has a mission statement
before it come into existence or reopens in the target market. Likewise, in India there are several coffee shops and they all have one or the other
mission statement. CAFГ‰ COFFEE DAY Mission Statement– To be the best cafГ© chain by offering a world class coffee experience at affordable
prices. COSTA COFFEE Mission Statement– Our mission has always been to save the world from mediocre coffee. 2.Defining the current status of
the business At current, Tim Hortons is the leading coffee brand in Canada. Out of 10 coffee cups sold in Canada 8 are of Tim Hortons'. This is all
because it has

Business: Strategic Planning
Guidelines and Notes for Assisting in Project Completion The following notes, guidance and illustration will help you in answering the first question:
Target has described its Mission Statement as follows: "The mission is to make Target the preferred shopping destination for the guests by delivering
outstanding value, continuous innovation and an exceptional guest experience by consistently fulfilling the brand promise of Expect More. Pay Less.
To support the mission, Target is guided by the commitments to great value, the community, diversity and the environment. Expect More. Pay Less.
Expect more of everything. More great design, more choices and more designer–created items that consumers won 't find anywhere else. And pay...
Our headquarters' diversity business councils are a valuable resource for driving business decisions, including merchandising and marketing initiatives
in key multicultural categories like food, entertainment, health and beauty. Target might have 1,750 locations throughout the country, but when you get
down to it, we're a neighborhood store–offering relevant local brands, volunteering at nearby schools, and giving grants to community nonprofits."
(Target, 2010 Annual Report). These goals are clear and compelling and action oriented. Vision, Mission and Objectives have been described as
below: Vision is what and where a company wishes to be in future (Hunger & Wheelen, 2010: 20). Pearce, Robinson & Mittal (2008: 395) describes
a leader's vision as the characterization of how a leader visualizes the business to become to establish the business and sustain its global leadership.
Thompson et al. (2010: 22, 23) describe a Strategic Vision of an organization as the route which it intends to take to develop and strengthen its business
which also

Military Business Continuity Planning
"Business continuity planning is the process of ensuring that your organization can continue doing business even when its normal facilities or place of
business is unavailable" (Peltier, 2014). This statement should hold true for any business wishing to compete in today's market and apply to more than
just natural disasters. Although natural disasters should remain an integral part of any continuity plan and recovery model, other man–made disasters,
such as computer viruses and physical security should be considered. The modern military, especially the Air Force, relies heavily on its troops assured
access to the internet and other drives. For this very reason, although the military remains at the forefront of cyber security,

Btec Business P4- Strategic Planning
Strategic planning–
Strategic planning determines where an organization is going over the next year or more, how it's going to get there and how it'll know if it got
there or not. The focus of a strategic plan is usually on the entire organization, while the focus of a business plan is usually on a particular product,
service or program. There are a variety of perspectives, models and approaches used in strategic planning. The way that a strategic plan is developed
depends on the nature of the organization's leadership, culture of the organization, complexity of the organization's environment, size of the
organization and expertise of planners.
Coca–Cola Company
My organisation is 'Coca–Cola' and my organisation make strategic ... Show more content on Helpwriting.net ...
This then makes more people aware of them and so a lot of their products are sold out more recently. Their organisational structure also helps them to
achieve their purpose and aims as the structure allows all the employees to communicate with each other and so allows them to come out with more
ideas as a whole group.
Marks and Spencer's company
Marks and Spencer's is my other organisation and the structure of the organisation and the strategic planning helps each business including the Marks
and Spencer's business organisations achieve their overall purpose and aims. There are many ways in which the business organisations do to
accomplish this: their vision statement– 'Our Vision': To be the standard against which all others are measured. Their mission statement– 'Our Mission':
To make aspirational quality accessible to all. Their value's statement– 'Our Values': Quality, value, service, innovation and trust. Whether we're
working at home or abroad, within our own stores or in partnership with our franchisees, our Vision, Mission and Values remain the same. Ensuring we
meet our customers' needs with appealing, superior quality products at attractive prices' and their aim's and objectives– 'Our aims and objectives': To
make money for the shareholders, and improve profit margins wherever possible. They do this by– Designing appealing

Case Study Of Business Continuity Planning At JET LAG
Business Continuity planning at JET LAG I.Introduction for JET LAG JET LAG (formerly known as LAG) was established in 1881 in Hong Kong.
The founder Picasso Shakespeare establishes a one–solicitor practice in Hong Kong. After a series of reorganization. In 1988, LAG win Hong Kong
Law Firm of the year for the first of many times, after few years, LAG combines with JET to become JET LAG and then wins regional Law Firm of
the year. After that, in 2011, JET LAG celebrates 130th anniversary. In order to make the global expectation is about the client that including a
significant portion of the Hang Seng Index companies, FTSE 100, DAX and Fortune 100 more than half of the world's banks. We have about offices
in major cities around the world. Include... Show more content on Helpwriting.net ...
With the increasing importance of information technology for the continuation of the Firm's critical operations, protecting and recovering our data and
IT infrastructure in the event of disruption has become a more visible Firm priority. A disaster will be declared if it is apparent that production
processing cannot be performed from the affected data center and the prospect of repairing those systems in the production environment with he
required downtime tolerances. All companies faces various potential threats to business continuity plan such as Natural, man–made and technical
disasters including typhoons, rainstorms, hacker attacks, cyber–attacks, power outages and system failures. According on the extent of the damage to
the Firms equipment and the impact on the Firm's operations that may result if these threats occur, the Firm has identified at least three situation. LAG
has been implementing a business continuity plan, disaster recovery and situation response procedures in the services market that is based on some of
law firm experience obtained from solutions adopted following various disasters. This paper article introduces LAG's activities in the Business
continuity plan field as an actual case

Business Planning : The Blueprint For Business
Business planning is the blueprint for business, which provides direction toward success. Planning and writing a business plan is more than just
choosing products and services to sell and selecting a business location. A well–thought plan is a fundamental requirement in the financing, marketing
strategies and the growth of a new business. This serves as a roadmap of how the business venture will operate to reach target goals. Coming up with a
sound business plan entails the following; gathering reliable information about the chosen industry, the market, the customers, the product & services,
and the competitors. A good plan includes thorough market research, industry analysis, product and service comparison, and competitor analysis.
As William Sahlman puts it, the market is fickle as it is unpredictable. Therefore, the business plan should anticipate and confront the challenges
ahead when it comes to manpower, context and opportunity. A business plan should talk about the end of the process in the new business venture.
Then after it is written, it is ready for the goal of landing a deal. As a seasoned investor, deciding to invest in the Room for Dessert (RFD) can be
first determined by a critical analysis of the presented business plan. This paper deals with the analysis of the RFD strengths and weaknesses in the
given business plan proposal in terms of the following factors: people, opportunity, context, and risk and reward.
RFD is a full service, fine dining

Assess The Importance Of Business Continuity Planning
As listed on the website of Canada Business Network (2017), it is advisable for businesses to have a Business Continuity Planning (BCP) in order to
deal with unexpected crises that could interrupt the operations of a business. A BCP is important because every business is at risk from potential
disasters that could affect their normal operations: natural disasters, accidents, sabotage, power and energy disruptions, failures in the sectors of
communications, transportation, safety, and service, environmental disasters, and cyber–attacks (Public Safety Canada 2015). Regardless of the size or
nature of the business, a business owner can design a plan to minimize the disruption of a disaster, to recover quickly, and to keep the business
competitive

Business Research and Succession Planning
Succession Planning Business research refers to any type of researching done when starting or running a business. (What is Business Research?). In the
case of Lerouge Candy Company, the research is being done for succession planning. Luc Lerouge has hired Paul Thomas Anderson, a business
consultant, to do some research to assist him in his succession planning. As he nears retirement and his two sons have other goals in mind, Luc's
concern is that his family owned business maintains it continuity and profitability for the future. It is a research project to determine the best interest
for the business to continue as a going concern. Succession planning is a complex process that involves the interaction of factors that operate at
personal, relational, and organizational levels, including personal and career development of the successor, succession planning, and control activities.
(Abdullah, 2011, Jan). The satisfaction with experience in succession planning and the continued profitability of the family owned business are two
factors that influence the outcome of succession planning. It is important for Luc to feel good about the decisions being made for the succession
planning, including the successor, the abilities of the successor, and the goals of the successor. Obviously, Luc's two sons are not good successor
candidates because of their individual goals and desires not being a part of the continuity of the business. Now that Paul has done a questionnaire and

Business Continuity Planning And Disaster Recovery
Business continuity Planning and Disaster recovery: For any Organization to survive on log run, executives must give priority to Disaster recovery
(DR) and Business continuity (BC) plan during budget allocations and never see a payback from those investments. Disasters won 't happen daily, they
rarely occur. But when it happens and if the company doesn 't have a Plan or mechanism to fast recover, then that company loses its customer to its
competitors. Business continuity plan includes steps company must take to minimize the service outages. Organizations must have a system in place
to minimize the unplanned downtime. After Y2K crisis, companies added Business continuity plan part of corporate IT planning. In most cases, idle
solution is... Show more content on Helpwriting.net ...
Incident response occurs during the incident, however, disaster recover occurs after the incident has taken place (Whitman & Mattord, 2012).
Adequately preparing for disasters would help in fast recovery. For example, fire is a catastrophic disaster, so backups should be at off–site location to
minimize the damage caused to clients, employees, stakeholders and investors. Disaster recovery plan must be developed and implemented with top
down support across all departments in an organization. Every department in an organization must contribute to the disaster plan. IT team should
write the disaster plan because they have a deep insight into the company wide business process. IT department is in the unique position of
understanding of the daily operations of each department, as well as constant communication with leads within those each department. Without a
cross departmental participation it is impossible to put out a proper plan. The disaster plan should include more possible scenarios because the
cause of disaster is more. The following are considered as disasters in the typical organization: 1) Employee fraud 2) Stolen laptop 3) Fire 4) Terrorist
attacks To effectively face the disaster the disaster plan should be distributed across an organization because everyone knows their role within the plan.
Roles must be revised and Plans should be rehearsed periodically. Network Security

Enterprise Resource Planning And The Integration Approach...
Introduction Enterprise Resource Planning refers to an integration approach for a business. "Employee Resource Planning (ERP) is an integrated
automated application which helps the organization to maintain all the micro, tough, difficult business transaction at one common location"
(Wanare & Mudiraj, 2004). It was first defined by the Gartner Group in 1990 and has been widely used as the next generation of Manufacturing
Business System and also as a Manufacturing Resource Planning software (Gartner Group). It relates to a system which is integrated, configurable,
as well as tailorable for information flow where all plans and business resources are planned and managed (Bakry & Bakry, 2005). Background A
Human Recourse Department System for any particular company must be designed in such a way that it enhances the degree of efficiency. This is
born out of the fact that most companies experience a lot of request and most times through the use of papers. To address this challenge, a new
mechanism needs to be used in which the workload is efficiently handled to reduce the amount of pressure that the company faces in handling the
requests (Cascio, 2013). This is while also enhancing the efficiency and effectiveness of the services afforded to the clients. The mechanism
suggested to enhance this process is the digitalization of its services (Berry, 1997). The development of a web site to handle all these activities is
suggested. The creation of a web helps all the

Planning for Long-Term Success of a Business
Planning for Long–Term Success For business enterprises and entrepreneurs, the first major challenge is usually that of developing and establishing a
successful new venture. However, the ability of these entrepreneurs to establish a new venture is dependent on some basic necessary skills. These
skills include the ability to identify a market need and the capability to develop a product and/or service that could satisfy the need. When the
entrepreneurs successfully conduct these essential things, the business enterprise is likely to experience rapid growth. Notably, the success of the
business enterprises usually creates the next set of challenges and problems to survival of the business venture. However, for a business venture to
continue surviving and be successful in its operations there is need to continually plan for the long–term success of the business enterprise.
Developmental Tasks: One of the most important aspects in planning for long–term success of a business venture or enterprise is the consideration of
developmental tasks. Once an organization has identified its business foundation, the next process is to develop tasks that are necessary in determining
success in every stage of growth. The processes of developing tasks that influence success in every stage of growth include identifying the various
developmental tasks. Generally, there are six developmental tasks that are critical for the long–term success of a business enterprise. The first

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