THE ORGANIZATIONAL MANAGEMENT ASSIGNMENT

Running head: ORGANIZATIONAL MANAGEMENT
ORGANIZATIONAL MANAGEMENT
Name of the Student:
Name of the University:
Author note:

ORGANIZATIONAL MANAGEMENT1
In 6-8 sentences:
T64.4 Explain how records documenting operational performance are managed and
stored within your organisation.
For the storage of the records in the organization, a database is created where all the elements
of the organizations are stored. The data that are given as an input in the databases are raw
and unstructured. These data are processed and transformed in valuable information set for
the organization.
T64.6 Explain the role of an operational plan in achieving the organisation’s objectives.
The role of an operational plan in achieving the organisation's objectives is to measure the
efficiency of the systems in place. This in turn ensures accountability and identifies areas for
improvement. It details the actions that must be carried.
T64.7 Explain budgeting processes.
The process of budgeting helps in the establishing the financial goal for a company’s
future. This is done on the basis of the activities and the performances of the employees of
the organization. For the process of budgeting to be a success factor for the organizational
project, setting up realistic goals are important, along with identification of the income and
expenses.
T64.8 List and briefly discuss alternative processes and ideas to improving resource
usage and eliminating resource inefficiencies and waste.
List of strategies that are undertaken for the purpose of reducing the resource wastage are:
 Conducting waste management: this is the way by which the waste can be treated,
collected, transported and disposed in a place such that it does not harm the
environment.
 Improving the quality of the purchases to reduce the production of waste.
 Inventory management: this is the process by which the non-capitalized asset of the
company is supervised.
 Preservation of the waterways: majority of the industry wastes are dumped into the
waterways for the purpose of getting rid of it. In order to keep the waterways clean
and the wastes are treated and some of them incinerated which leads to the
improvement of the usage of the resources.