Assignment: Planning for Growth
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Added on 2020-10-04
Assignment: Planning for Growth
Added on 2020-10-04
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PLANNING FORGROWTH
Table of ContentsINTRODUCTION...........................................................................................................................1LO 1 ................................................................................................................................................1P1 Description on major consideration for having evaluation in growth and opportunities..1P2 Define the evaluation of opportunities of growth in terms to Ansoff's matrix.................3LO 2.................................................................................................................................................5P3 Define the various potential sources with help of benefits and drawbacks. ....................5LO 3.................................................................................................................................................7P4 Description on effectiveness of business plan...................................................................7LO 4.................................................................................................................................................9P5 Description on success plans for small business enterprise..............................................9CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................12
INTRODUCTIONThe planning for growth is strategic business activity and it works as to enablesthe owner of business to track and plan organic growth so that high volume ofprofitability can be generated (Brinckmann, Grichnik and Kapsa, 2010). It is need to bedone in order to plan business activities effectively. Planing and growth this two are themajor component of business activities. This work are need to be in systematic mannerso that overall things can be performed effectively. The main aim behind conductiveanalysis over this is to gain success in market so that profitability and productivity can beachieved. Under this term as social media and mobile technology is helpful in order tobuild strong relationship. Planning is one of the effective concept as it is useful forenterprise to sustain business activities for longer period. With help of using of specificstrategies the firm is able to focus on activities which will help to have enhancement inprocess of growth and innovation. The present report will focus on the business activitiesas Langland Advertising Design and marketing Ltd. This enterprise works as to offersthe campaign and digital services. In this patients access and there are various retentionmethodologies for recruitment and retention of patients in order to have proper clinicalfacilities. LO 1 P1 Description on major consideration for having evaluation in growth and opportunities.The each firm need to frame those strategies which will help to providesystematic growth opportunities. The Langland Advertising Design and marketing Ltd.company of UK which deal in providing the right solution so that activities of firm canbe enlarged. In this expansion of business activities are need to be done so that firm canhave loner profitability. With help of building of strong relationship the enterprise canable to undertake each activities effectively (Chapin, 2012). In this way, some majorconsideration is need to be given on following things as are- Turnover- in this, implication of digital technology will be helpful in terms tocommunicating the business activities in systematic manner. Thus, this technology willbe helpful in order to make the proper communication and with help of this they can able1
to collaborate in market. In addition to this it can be said that effective collaboration willhelp to boost the morale of employees. Strategy- The one of the main objective of Langland Advertising Design and marketingLtd. is to create the employment package and it should be inclusive of training anddevelopment programmes. It is helpful in order to attract the customers. The one of mainobjective is to maintain the retention of patients for long term. With help of providing thegood clinical facilities the all things can be undertaken in systematic manner. Thestrategy derives the plan of action and it is helpful for company to build the strong branimage in market. The one the major objective of firm is to put their major focus overthings as are innovation and other activities which process the systematic working so thatenterprise can undertake its business activities effectively and efficiently (Kraaijenbrink,Ratinho and Groen, 2011). The major aim of the firm is to give enhancement in order tohave the use of technological function so that business enterprise can be able toundertake its business activities effectively and efficient mode. It is systematic planwhich work as to achieve its target objectives so that all things can be conducted ineffective and efficiently. Return on investment- in this it can be said that the more technological advancementwill be helpful in order to get the high return on investment. It is one of the systematicway to calculate the profitability and productivity. With the help of investment and therate of return will be helpful in term to analysing the profitability of the businessenterprise. With help of suing of technological advancement they can easily connect withthe customer in market. Customer traffic- In this it can be said that digital technology needs to affect theworking of business activities. This will also helpful in order to sustain the customers.The Langland Advertising Design and marketing Ltd. It is the enterprise which work asto provide solution to business related problems. Under this the pone and basic aim is tobuild the strong relationship with customers so that effective things can be done inproperly manner. Sales- The effective use of technological advancement will be helpful in terms toincrement in profitability and productivity of business enterprise. In this sales of firm canbe enhanced with use of technical advancement. IN this the firm like Langland2
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