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Foundation of Business Management

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Added on  2023-01-12

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Learn about the foundation of business management and its importance in running a successful business. Explore the concept of managing resources, reducing costs, and achieving corporate goals. Get insights into a case study of AZTech IT Solutions attending a trade show for warehouse management. Discover the benefits of exhibiting at trade shows and the key findings for managing an event. Gain knowledge on project planning, budgeting, and milestones. Reflect on the skills required for project management and collaboration.

Foundation of Business Management

   Added on 2023-01-12

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Foundation of Business
Management
Foundation of Business Management_1
Table of Contents
INTRODUCTION...........................................................................................................................1
PART 1 ...........................................................................................................................................1
Business Case Company.............................................................................................................1
Rationale for Exhibiting..............................................................................................................2
Key findings................................................................................................................................2
Project Plan Milestones...............................................................................................................3
Potential Return on investment...................................................................................................3
Project Plan and Budget..............................................................................................................4
WBS Structure............................................................................................................................5
Conclusion.......................................................................................................................................6
REFERENCES................................................................................................................................6
PART 2............................................................................................................................................8
Reflection....................................................................................................................................8
.......................................................................................................................................................10
Foundation of Business Management_2
Foundation of Business Management_3
INTRODUCTION
Managing a business is considered as most important concept, that helps firms in
optimum utilisation of resources, reducing additional costs, achievement of corporate goals etc.
It arranges the operational and production factors, integrate resources and direct efforts of team
members for running business successfully (Abd Ghani and et. al., 2019). In this regard, a report
is prepared on the concept of foundation of management, where a firm AZTech IT Solutions is
going to attend the London Technology and AI Trade Show in last month of Aug.2020, to
demonstrate its technical innovation for warehouse management. For this purpose, all aspects
which are required to launch an event in respective trade show, is described in detail in present
project, which includes resources, staffing requirements, capital and materials. Further, reflection
on overall management of project including skills that will be developed by working on report, is
also given.
PART 1
Business Case Company
AZTech IT Solutions is one of the technological firm of UK, which is established by four
brothers in 2006. This firm is highly committed to provide excellent IT Services, in terms of
digital transformation, management of services and cyber security (Rafika and et. al., 2020).
Excellence of services provided by this firm can be measured in terms of client satisfaction and
solutions provide for upgrading their business. One of the example is W H Barley which deals in
logistics sector and face problems in running organisation with limited internal technology
resources (Pearlson, Saunders and Galletta, 2019) . For this purpose, within a period of two
weeks, AZTech has upgrade system of this firm to Microsoft Office 2013 ® and Microsoft
Windows 7 ®. Currently, focusing on growing needs of management of warehousing operations,
this firm will now offer new solutions which is based on HighJump software. This application
will provide cloud-based automation and organisational tools, that helps organisations in driving
down their costs with labour management features and role-based task orientation (Wang and
Wang, 2019). There are a number of benefits and key advantages of using this new software for
larger organisations, like maintenance of customer trust by improved accuracy; building a short-
term solution for better flexibility; easy integration of resources; dealing with supply chain issues
and leveraging the cloud.
1
Foundation of Business Management_4

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