week 5 discussion 95

Week 5 Discussion

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“Operations”

For this week’s discussion, please respond to the following:

  • How would your NAB business work in terms of operations (production, inventory control, distribution, customer service, research, and development, etc.)?

Notes:

  • You will have to include all the equipment, technology and personnel listed in your NAB Company Portfolio from your business plan. The information is located under Note #2 in the portfolio.
  • You must use the information from the NAB Portfolio first and then you can add to it.
  • Check out Chapter 11: Operations to learn more. You will use this week’s information in Assignment 3.

Bottom of Form

Top of Form

Operations:

Describe the day-to-day functions of your company (include the appropriate information from the NAB portfolio-notes # 1 and 2). Use numbers (cost) from the portfolio and your business plan as applicable.

How will you run your business? Consider the following areas:

  • Facilities
  • Production process: how will you produce the product
  • Inventory control- how much inventory you will have
  • Distribution- how will you distribute the product
  • Customer service- how will you handle customers and returns
  • Research and Development- how will you improve the product and how will you continue to search for new combinations/ flavors
  • Etc.

Resources:

  • Chapter 11- Operations- for information, worksheets, and a sample plan
  • Video overview of how to approach this discussion below:

Watch Media

Goal: Submit by Wednesday.

 
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