Posted: July 7th, 2022

Assessment Element 3 – Individual Presentation Apply Operations Principles

Assessment Element 3 – Individual Presentation Apply Operations Principles to Managing a Company
Aim

The aim of this assignment is to apply the concepts and methods learnt in the Enterprise and Business Development module to the operations of a virtual bike manufacturing business. The business scenario is presented below.

Can You Help with Assessment Editing?

Yes, our expert editors polish your assessment, enhancing clarity, structure, and academic rigor while preserving your voice. We refine grammar, flow, and formatting to meet your institution’s standards. Upload your draft for a professionally edited, submission-ready paper. Trust our services for a flawless assessment!

Module Learning Outcomes Assessed

c) Understand the role of operations management within enterprise.

d) Demonstrate the use of core operations management theory in the context of enterprise development.

f) Employ creative and critical thinking techniques.

Do You Offer Support for Assessment Presentations?

We provide guidance to prepare for your assessment presentation, including crafting responses and visual aids. Our experts help you anticipate questions and refine your delivery. This ensures confidence and clarity during your presentation. Contact us for tailored presentation support!

g) Plan, organise and present assessed work (in written form and orally) in an appropriate and professional style

Purpose of the assessment

The purpose of the assessment is to give you experience of:

1. Completing a set of required online tasks to enable effective induction into a company.
2. Planning business decisions that address clearly defined business objectives.
3. Applying selected operations methods to manage a business effectively.
4. Reporting the results of your business improvements in the form of an audio- enabled presentation, that is professional and concise.

Can You Assist with Literature Reviews for Assessments?

Yes, we craft comprehensive literature reviews, synthesizing relevant sources to support your assessment’s research. Our writers ensure clarity, depth, and proper citation in your preferred style. Provide your topic or sources for a customized review. Order now for a high-quality literature review!

The output is a presentation aimed at the company founder who is looking for evidence of a well-managed business developed by a business manager who can diagnose problems and devise appropriate solutions and has a keen sense of providing value to the stakeholders.

The scenario

After three years of trading, Claire Jones, the founder of a Road Bike Manufacturing company assigns you as the company Managing Director. The Road Bike market consists of around 20000 potential customers who purchase on average once a year and spend roughly 2.8 million pounds annually. The market is divided into several sub-segments, such as Road Commuting, Road Racing, Road Leisure, Road Fitness, and Road Touring.

Customers often have very specific use in mind when they buy their bikes. They vary in their buying habits, responding more readily to certain types of promotions and being more likely to purchase through their preferred Sales Channels.

Over the past three years the company has established a good basis from which to develop a significant drive towards its desired position as the dominant player within the Road Commuting segment. The company’s product has received good feedback from the Focus Group Research and remains competitive against its direct competitor who also operate within the same sector. Current market share shows an upward trend since the launch of the product and profits have risen significantly recently.

Do You Provide Statistical Analysis for Assessments?

We offer expert statistical analysis, using tools like SPSS or R to support your assessment’s data-driven arguments. Our writers present results clearly and accurately to strengthen your research. Provide your data or let us source it for you. Enhance your assessment with our professional analysis services!

As the new Managing Director your main task is to successfully develop the company from its current position and be able to meet the growth targets after two years of running the company. Your success will depend on identifying and executing a viable growth strategy.

The growth targets for the end of Year 5 Quarter 4 (ie. Level 0) are:

• Net profits of £70,000 per quarter
• Sales Count of 700 per quarter
• Net Assets of £500,000

There are a number of ways to improve the company’s current performance including:
– reducing costs
– increasing sales
– increasing revenues
– improving efficiency
– amending the product offer

It is especially important to note that:
– You can make decisions in 4 business areas (organization, operations, sales and marketing, R&D) on a quarterly basis.
– Strategy and decisions directly influence the progress of the company
– The market responses to the decisions you made, so as time passes strategies need amending to suit the changing circumstances.
– Decisions are inter-related, and each business area is affected by decisions made in other areas
– There is generally a compromise in every decision, and well- informed decisions supported by careful analysis and monitoring are more likely to be successful

Can You Help with Assessment Methodology?

Yes, we craft robust methodology sections, detailing your research approach with academic precision. Our writers ensure alignment with your study’s objectives and institution’s guidelines. Specify your requirements for a tailored methodology section. Trust our services for a strong, scholarly assessment!

By the end of your two-year duties as the Managing Director, you are required to create a narrated PowerPoint presentation for the company founder. The aim of the presentation is to demonstrate to the company founder that you are capable of operating the business effectively.

Presentation Elements

In your presentation you are required to:

1. Slide 1: Have a cover slide containing your name, student number, SimVenture Evolution ID in form userxxx@ebd-20, seminar group, the title of the module, and the assignment title.
2. Slide 2: An overview of the Company (Company name, number of employees, the product, customer base and market, and any other key information that you wish to present).
3. Slide 3: Analysis of the company (SWOT) or market (5 Forces).
4. Slide 4: If you have met the stated company objectives, produce a PDCA (PDSA) cycle of one improvement process that you have implemented in your business whilst running the company in SimVenture; or if you did not meet the stated company objectives, create a fishbone diagram that shows an effect in the company and potential causes resulting in that effect.
5. Slide 5: Produce a Process map (using the symbols introduced in the seminar), of your improvement process, and that shows the decisions made. Please demonstrate your understanding of the purpose and usage of process mapping in the audio narration of your presentation.
6. Slide 6: The sales and financial performance at the end of year 5 (i.e. at the end of the period when you have been managing the company).
7. Slide 7: Reference slide in Harvard style (minimum of 10 academic references).

NB: Please demonstrate your understanding of the purpose and usage of each technique that you use in your presentation.

Do You Offer Assessment Writing for Non-Native Speakers?

Yes, we tailor assessment services for non-native English speakers, ensuring clarity and academic quality. Our writers adapt to your language proficiency while meeting institutional standards. We make complex ideas accessible and professional. Order now for ESL-friendly assessment support!

Presentation Format – Best Help Writing My 99 Papers—owl Essay Samples

Your presentation should be professional and follow the following format:
1. The duration of the presentation must be no longer than 15 minutes. Any submission longer than this (or overly short) will negatively affect the presentation and communication criterion. As a rule of thumb in a presentation you need to spend about 1.5-2 minutes presenting each slide (except the cover page).
2. Include a minimum of 10 references (using Harvard citation and referencing style) to academic sources. You can also include additional professional/trade sources in addition to the 10 academic references. You should include NO references to generic web sources. You are strongly advised to use Library OneSearch to find appropriate high quality sources, and NOT reply on using general search websites such as Google, Yahoo, Bing, Safari, etc.

Assessment weighting

The presentation contributes 50% towards the final module grade.

Can You Meet Tight Assessment Deadlines?

We prioritize urgent assessment orders, delivering quality sections or drafts within tight timelines, even as short as 48 hours. Our expert writers maintain high standards under pressure. Specify your deadline in the order form for prompt delivery. Trust us for fast, reliable assessment help!

Citing and Referencing

Harvard referencing

BUSI12092 Enterprise and Business Development

_________________________________

Do You Provide Custom Assessment Samples?

Yes, we offer custom assessment samples tailored to your subject upon request, showcasing our quality. Free samples are also available on our website for various fields. These reflect our expertise in areas like Business and Law. Request a sample to see our high standards!

User
c) Understand the role of operations management within enterprise.

d) Demonstrate the use of core operations management theory in the context of enterprise development.

c) Operations management plays a critical role in the success of any enterprise. It involves designing, planning, organizing, and controlling the various processes that produce goods and services. Operations management is responsible for ensuring that the enterprise’s resources are utilized effectively and efficiently to achieve its goals. This includes managing the supply chain, production process, inventory, quality control, and logistics. The operations management team is responsible for making decisions that can impact the enterprise’s profitability, productivity, and competitiveness.

d) Core operations management theory refers to the fundamental principles and concepts that guide the effective management of an enterprise’s operations. Some of the key theories include process design and improvement, inventory management, quality management, capacity planning, and supply chain management. For example, process design and improvement theory involves analyzing the organization’s processes to identify opportunities for improvement, such as reducing cycle times, increasing efficiency, and minimizing waste. Inventory management theory focuses on managing inventory levels to ensure that the enterprise has the right amount of stock to meet customer demand without tying up excessive capital. Quality management theory emphasizes the importance of delivering high-quality goods and services to customers by using techniques such as statistical process control and Six Sigma. Capacity planning theory involves determining the appropriate level of resources, including equipment and labor, required to meet customer demand. Supply chain management theory is concerned with managing the flow of materials, information, and financial resources throughout the supply chain to optimize efficiency and effectiveness.

How Do You Handle Assessment Feedback?

We incorporate your professor’s feedback into free revisions within 7 days to improve your assessment. Our writers address comments to enhance structure, content, and quality. Submit feedback via your account for quick adjustments. Trust us to refine your assessment effectively!

In the context of enterprise development, operations management theory can be used to identify opportunities for process improvement, reduce costs, increase efficiency, and enhance customer satisfaction. By applying these theories to enterprise operations, organizations can streamline their processes, increase productivity, and deliver high-quality goods and services to their customers. This can help the enterprise to gain a competitive advantage in the market and achieve its strategic objectives.

Order|Paper Discounts