Business Planning Flashcards

1
Q

Things discussed in regular team meetings

A

New instructions
Upcoming projects
Local market discussions
Allocation of workload - to those who are most COMPETENT

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2
Q

Aim of Annual Corporate conferences

A

Understand the wider/core business objectives so able to align our work on both a macro and micro level

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3
Q

AY Corporate Objectives

A

Powered By People

Use of Emerging Tech

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4
Q

Corporate social responsibility

A

Self regulated business model that helps a company be socially accountable to itself its stakeholders and the public

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5
Q

AY corporate social responsibility policy

A

Social – helps within the community/ day of giving/ healthier workplace environment

Environmental – reduce carbon emissions to net zero in our offices by 2030/reduce reuse recycle

Economic – encouraging sustainable development and manufacturing processes to clients/ minimising office waste

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6
Q

Key components of a business plan

A
Business strategy
Marketing
Team structure
Finance budgeting
Contingency plan
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7
Q

What are the key objectives for your own business unit?

A

Providing good advice to clients

Meeting client requirements

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8
Q

How can a business monitor its performance?

A

Benchmarking
Feedback from clients
KPIs

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