BSBOPS502 Task 1 Arigbukh

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BSBOPS502 Manage business operational plans Assessment for this unit BSBOPS502 Manage business operational plans describes the performance outcomes, skills and knowledge required to manage business operational plans for products, programs, processes or services to an operational level. For you to be assessed as competent, you must successfully complete two assessment tasks: ● Assessment Task 1: Knowledge questions - You must answer all questions correctly. ● Assessment Task 2: Project - You must work through a range of activities and complete a project portfolio.
Assessment Task 1: Knowledge questions Information for students Knowledge questions are designed to help you demonstrate the knowledge which you have acquired during the learning phase of this unit. Ensure that you: ● review the advice to students regarding answering knowledge questions in the Business Works Student User Guide ● comply with the due date for assessment which your assessor will provide ● answer all questions completely and correctly ● submit work which is original and, where necessary, properly referenced ● submit a completed cover sheet with your work ● avoid sharing your answers with other students. Assessment information Information about how you should complete this assessment can be found in Appendix A of the Business Works Student User Guide . Refer to the appendix for information on: ● where this task should be completed ● the maximum time allowed for completing this assessment task ● whether or not this task is open-book. Note : You must complete and submit an assessment cover sheet with your work. A template is provided in Appendix C of the Student User Guide. i
Questions Provide answers to all of the questions below: 1. Explain: the purpose and content of an operational plan the role of an operational plan in achieving the organisation's objectives the purpose and content of a contingency plan. The purpose and content of an operational plan is to develop a clear picture as on how the goals and objectives can be met with the help of a proposed tasks and responsibilities to achieve these goals and tasks. The operational plan in simple words is just another plan to implement the strategies which are contained in the strategic plan. For the aims and objectives put forth in the strategic plans to be met, certain framework or outline needs to be made to meet the daily operations and targets of the organization. The operational plan outlines these aims and objectives of the organization and proposes the daily activities of the organization to be done in order to achieve these aims and objectives. The contingency plan is a plan set forth in order for the organization to be able to get back to the daily activities after a certain type of event occurred. It is designed in such a way so that the resources, customer's priorities and the responsibilities of the employees and that of the organization are not hampered. 2. Explain the difference between an operational plan modelled on the organisation as a whole and one that has been modelled to suit a specific organisational goal or department. The difference between an operational plan modelled on the organization as a whole and one that has been modelled to suit a specific organizational goal or development are that the ooperational plan that is formulated for finance department differs from that of marketing department just as a whole organisational goal of profitability the both departments are working cooperatively with each other but their action plans are always different. In finance department employees are guided to use effectively available economical solutions in organisation to make profits and in marketing the employees are guide for their sale techniques and services to grab customers for high sales and huge returns. 3. Describe typical methods for developing an Operational Plan and Contingency Plan. Some of the typical methods used for developing an operational plan are: Formulating strategies for the operation to be conducted Focus on the goals set forth for the organization Allocate the HR for the tasks in progress so as to keep a check on the progress Allocate the financial resources smartly Make sure every task is completed in time 4. Complete the table below to describe information sources necessary to develop and present operational plans. The first row has been completed as an example for you to follow.
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