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Strategic Planning & Operational Planning | Assignment

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Added on  2020-02-12

Strategic Planning & Operational Planning | Assignment

   Added on 2020-02-12

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Strategic Planning & Operational Planning | Assignment_1
Table of Contents1...................................................................................................................................................3(i) Commenting the length of time required for achieving the objectives...................................3(ii) Stating the extent to which strategic and medium term objectives differ from operationalplanning.......................................................................................................................................3(iii) Stating the importance of the type planning required in the oil exploration and retailclothing business..........................................................................................................................3a. Explaining the source which Board of Directors should undertake for raising funds orfinance..........................................................................................................................................4b. Evaluating the viability of project by using investment appraisal technique..........................4c. Writing a brief report to Board members whether they should undertake risk or not.............53. Plotting graphs by using table 1, 2 and 3.................................................................................6a. Determining the maximum profit and optimum volume of sales..........................................12b. Commenting on the below mentioned aspects......................................................................134.................................................................................................................................................13(i) State the proportions of fixed interest and ordinary shares are required for minimizing therisk and maximization of returns...............................................................................................13(ii) Stating the source of information which in turn helps in framing suitable investmentstrategy.......................................................................................................................................13(iii) Stating the possible consequences of other fund managers vein........................................13(iv) Stating the name of companies which will offer high return to the investors....................135. Preparing cash budget from the period of January to March................................................14REFERENCES..............................................................................................................................16
Strategic Planning & Operational Planning | Assignment_2
Strategic Planning & Operational Planning | Assignment_3
1. (i) Commenting the length of time required for achieving the objectives On the basis of the cited case situation, there are mainly two objectives which Board ofDirectors wants to achieve. Hence, one of the main objectives of firm is become a market leaderand thereby makes contribution in the attainment of organizational success (Koleva andGorgieva-Trajkovska, 2016). Hence, through the means of sound and competent policyframework business unit can fulfill its objective within the period of 1-2 years. (ii) Stating the extent to which strategic and medium term objectives differ from operationalplanning Aspects of strategic and operational planning differ from each other to a great extent.Moreover, in strategic planning manager places more emphasis on setting future directions.Hence, in this, higher management makes effort to fulfill the aims by devising highly competentpolicies. On the other side, operational planning is highly concerned with the enhancing theperformance of employees (Manly, Wells and Bettencourt, 2017). For instance: To attain leadingposition in the market field business unit places high level of emphasis on promotional aspectsand framing discounting policies. In contrast to this, manager provides direction to the personnelabout the manner in which they need to deliver services to the customers. In this way, bothoperational and strategic planning differs significantly. (iii) Stating the importance of the type planning required in the oil exploration and retail clothingbusiness Planning is significant for every kind of business but its level is highly influences fromthe kind of risk involved in the business. Hence, in the business of oil exploration high level ofstrategic planning is required to assess the area where high petroleum is available. On the otherside, in the clothing business, retailer faces high level of competition (Vyas and et.al., 2016).Along with this, changing customer’s needs, wants and expectations are another risk which isinvolved in such kind of business. In this, by making continuous assessment of market trend andaspects clothing retailers can meet their objectives.
Strategic Planning & Operational Planning | Assignment_4

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