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Table 11 enterprises delivery system input throughout

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Table 1.1 Enterprises Delivery SystemInputThroughoutOutputMarketingDesiredOutcomesHarnessingof human ,money andphysicalresourcesResourcesmobilized-Money-Men-Machines-Materials-Methods-ManagementConversion of inputinto output and thetransformationprocess within thefactory or serviceshop.GoodsproducedorservicesdeliveredPositioningProductPackagingPlacePeoplePromotionPriceCustomerSatisfiedSalesvolumeattainedProfitsgeneratedPeopleperformancesThe EDS involves the harnessing of human, money, and physical resources from well-selectedresources.These resources become the input (money, men, machines, materials, methods, and management)which the Operations unit within the EDS (i.e the manufacturing or service delivery personnel) will convert
22Morato E.A., (2016), Entrepreneurship, Rex Printing Company Incorporatedor transform into output.The output will be then delivered to the customers through the Marketing unit of the EDS. Theproducts/ service of the enterprise are positioned to meet the requirements of the selected marketsegment by choosing the right packaging, pricing, promotion, peoplefor selling and distribution, andplaces or locations where the targeted customers can best found.The operations of marketing units are supported by the Finance, administration and HumanResource Management units, which oversee the flow of money, the procurement and maintenance ofmachinery and materials, and ensure the proper deployment and development of people.The EDS serves as the enabler for the Enterprises Strategy. The business plan must demonstratehow the EDS and the ES tandem lead to the attainment of the desired enterprises outcomes.These business outcomes should reasonably include:High customers satisfaction levels;High sales volume, market, share, and market reach;High financial returns; andHigh people performance, productivity, and morale levels;FINANCIAL FORECAST EXPECTED, RISKS, AND CONTIGENCIESThe eight section of the business plan is the financial forecast including the financial returns, thefinancial risks, and the financial contingencies.The business plan must translate everything that we have discussed so far into financial forecastsand outcomes.From the financial forecasts, the business plan should then calculate the expected returns from thebusiness. The important return calculations are the following: (1) expected returns on sales (2) expectedreturn on assets or investment;and (3) expected return on stockholders’ equityThe business plan should also calculate the longterm returns, using the time value of money.This means estimating the internal rate of return and the expected net present value.The business plan should then evaluate both the business risks and the financial risks involved.

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Term
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Tags
Management, Marketing, Entrepreneurship, Supply And Demand, Rex Printing Company Incorporated

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