BBPP1103 Sample Assignment.pdf - BBPP1103 ASSIGNMENT SEPTEMBER 2011 PLANNING FOR LUCKY STAR TRADING COMPANY SEMESTER SEPTEMBER 2011 BBPP1103 COURSE

BBPP1103 Sample Assignment.pdf - BBPP1103 ASSIGNMENT...

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BBPP1103 / ASSIGNMENT / SEPTEMBER 2011 / PLANNING FOR LUCKY STAR TRADING COMPANY SEMESTER: SEPTEMBER 2011 BBPP1103 COURSE: BACHELOR OF BUSINESS ADMINISTRATION (HONS) COURSE TITLE: PRINCIPLES OF MANAGEMENT STUDENT NAME : MATRICULATION NO. : IDENTITY CARD NO. : TELEPHONE NO. : E-MAIL : LEARNING CENTRE : LECTURER NAME :
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BBPP1103 / ASSIGNMENT / SEPTEMBER 2011 / 790616135018001 TABLE OF CONTENT Topic Pages 1.0 Introd uction ……………………………………………………………… 2 2.0 Determining Objective …………………………………………………... 3 2.1 Specific Objective ………………………………………………….. 3 2.2 Measurable Objective ……………………………………………... . 4 2.3 Attainable Objective ………………………………………………. . 4 2.4 Realistic Objective ………………………………………………… . 4 2.5 Timely Objective …………………………………………………… 4 3.0 Building Individual Commitment ……………………………………… 5 3.1 Determination of objectives by cooperating with all members of the organisation …………………………………………………… . 5 3.2 Reasonable Objective ……………………………………………… 5 3.3 Announcement of objective to members in the organisation …... .... 5 3.4 Getting support from upper management …………………………. 6 4.0 Preparing an Action Plan ……………………………………………… 6 4.1 Work Out Organisation Sales Target …………………………… ... 6 4.2 Setting Expenses Bu dget …………………………………………. 7 4.3 Incentive and Commission ………………………………………. . 8 5.0 Monitoring the Progress ………………………………………………. 8 5.1 Determining Long-term and Short- term Objective ………………. 9 5.2 Obtaining Performance Feedback from Participating Parties ……. 9 6.0 Maintaining Flexibility ………………………………………………… 9 7.0 Conclusion ……………………………………………………………… 10 References ……………………………………………………………… 11 1
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BBPP1103 / ASSIGNMENT / SEPTEMBER 2011 / 790616135018001 1.0 Introduction Planning occurs at many levels, from day to day decisions made by individuals and families, to complex decisions made by businesses and governments. Planning is a process to determine an organisation’s objective or goal, developing strategies and outlining tasks, schedules, making decision and implement the effective way to accomplish and achieve the objective or goal. Planning is a basic requirement and important input of a management process. A plan is like a road map, good planning is crucial because when following a plan,
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