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Promote Team Effectiveness Name of the University

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Added on  2020-05-16

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PROMOTE TEAM EFFECTIVENESS 9 MARKETIN MARKETING G ENTERPRISE ARCHITECTURE, STRATEGY AND GOVERNANCE ADVANCED FINANCIAL ACCOUNTING INTERNATIONAL RELATION INTERNATIONAL RELATIONS SELLING FINANCE FOR BUSINES FINANCE FOR BUSINESS S PROMOTE TEAM EFFECTIVENESS PROMOTE TEAM EFFECTIVENESS Promote team effectiveness Name of the university Name of the student Authors note Assessment task 1: 1 Detailed performance plan: 1 Team policy and procedures: 3 Notes from team meeting: 3 Third party reports: 4 Proposal for

Promote Team Effectiveness Name of the University

   Added on 2020-05-16

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Running head: PROMOTE TEAM EFFECTIVENESSPromote team effectivenessName of the universityName of the studentAuthors note
Promote Team Effectiveness Name of the University_1
1PROMOTE TEAM EFFECTIVENESSTable of ContentsAssessment task 1:...........................................................................................................................1Detailed performance plan:..............................................................................................................1Team policy and procedures:...........................................................................................................3Notes from team meeting:...............................................................................................................3Third party reports:..........................................................................................................................4Proposal for setting up an online business:......................................................................................5References list:.................................................................................................................................7
Promote Team Effectiveness Name of the University_2
2PROMOTE TEAM EFFECTIVENESSAssessment task 1:Detailed performance plan:Action 1Action 2Action 3DescriptionIncreasing marketshare by diversifyingproduct rangeReducing distributioncostsIncreasing profitmarginDependenciesMarketing strategy,competitors positionand an appropriateselectionofdiversified productsDistribution network,Supply chain andsuppliers availabilityProduct costs,controllingadministrative cost,controlling ofdistribution costsTimeline2 to 3 years6 months to 1 year6 months to 1 yearResponsibility Management decisionand upper levelmanagement and CEODistribution andmarketing managerFinance managerResourcesEstablishingsupplier’s relation,developing marketingstrategy for attractingcustomers andforming appropriatelist of portfolio ofproducts are theresources required byApparel Pty Ltd. Appointment of lowcost distribution andsuppliers. Line ofbusiness reportingfrommajorcorporations, adoptionof proper costingsystem intending toreduce productscosting are required(Joshi and Knight2015). Strategy formulationfor determiningproducts cost,removing unprofitableproducts, finding newcustomers, reviewingof pricing structure,increasing conversionrate, reducing overalldirect costs, reducinginventory andoverheads (Pangil andMoi 2014). Review date2-3 months3-4 months6-7 monthsMeasurement: KPI;OutcomeIncreasing revenue,increasing total salesunit and total numberof customers visitingwebsites of company(Zhang et al. 2015).Overhead costs, totaldistribution cost,distribution cost aspercentage to revenue.Operating profitmargin and net profitmargin.Team policy and procedures:For ensuring that each team members has input in the planning process is focusing inmore critical rule of thumb for the growth in current scenario that is acquisition of customers.
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