Business Planning Flashcards
Business Planning
Task Overview
Scenario: Young entrepreneur opening a fast-food burger store in inner Sydney.
Task: Create a business report addressing specific aspects of the business plan.
Report Requirements
Define a business plan and explain its importance.
Propose suitable marketing strategies for the burger store.
Explain the interdependence of human resources and operations within the fast-food burger store.
Assessment Criteria
Operations Plan: Production processes, layout, tasks, schedules, time frames, inputs.
Marketing Plan: 4 Ps (Product, Price, Promotion, Place).
Human Resources: Present and future staff requirements.
Evaluation
Clear, detailed outline of a business plan.
Use of technology for research.
Correct business terminology.
Completed bibliography.
Task Overview
Scenario: Young entrepreneur opening a fast-food burger store in inner Sydney.
Task: Create a business report addressing specific aspects of the business plan.
Report Requirements
Define a business plan and explain its importance.
Propose suitable marketing strategies for the burger store.
Explain the interdependence of human resources and operations within the fast-food burger store.
Assessment Criteria
Operations Plan: Production processes, layout, tasks, schedules, time frames, inputs.
Marketing Plan: 4 Ps (Product, Price, Promotion, Place).
Human Resources: Present and future staff requirements.
Evaluation
Clear, detailed outline of a business plan.
Use of technology for research.
Correct business terminology.
Completed bibliography.
Task Overview
Scenario: Young entrepreneur opening a fast-food burger store in inner Sydney.
Task: Create a business report addressing specific aspects of the business plan.
Report Requirements
Define a business plan and explain its importance.
Propose suitable marketing strategies for the burger store.
Explain the interdependence of human resources and operations within the fast-