Monday, May 25, 2020

Implementing Core Competencies Of The Strategic Planning...

Organizations must develop and execute strategic plans to ensure future company growth and success. Assessing the internal and external aspects affecting a business is a key part of the strategic planning process, as it provides a vector for organizations to maintain a competitive advantage within a marketplace that is continuously evolving. Using quantitative data is considered a best practice to begin an assessment by reviewing recent financial performance and objectively determining the company’s current financial condition (Abraham, 2012). Subsequently, innovative organizations like Tesla Motors must apply methodologies to intimately measure subjective aspects such as a company’s competitive strengths, weaknesses, opportunities, and potential threats. A SWOT analysis is the operational method used to analyze these aspects (Abraham, 2012). The purpose of the following project is to apply core competencies of the strategic planning curriculum to inspire a culture of s trategic innovation within organizational leaders of tomorrow. First, we will take an assessment of Tesla Motors history, the company’s current products, and major competitors affecting the innovative company’s business plan. Then, we can examine the current market situation to determine any potential barriers to organizational success, before applying the principles of a SWOT analysis to determine Tesla’s strengths, weaknesses, opportunities, and threats that may affect the future of the organization.Show MoreRelatedITM 580 Core Comp Essay1307 Words   |  6 Pages Core Competencies and the Planning and Implementing of Information Technology Abstract With any organization, rather it be civilian or military focused, there is a common element that resides; organizational competencies. These competencies is what makes any organization unique and identifies how they do the things they do, how relationships with institution division and external entities are developed and handled. With Information technology shifting from an administrative support tool toRead MoreThe President Of Honeywell Fm T1629 Words   |  7 Pagesjob role? How have they been involved in the strategic planning process at the company? The President of Honeywell FMT was the subject of the interview for the following information. The President of Honeywell FMT is the leader of the organization and currently leads over 3000 employees. Even though, many individuals are involved and provide valuable input for the plan, the president is the final decision maker, when it comes to the strategic planning and ultimately responsible for the path forwardRead MoreFinancing And The Development And Implementation Of Strategies1190 Words   |  5 PagesImplementation of Strategies SUMMARY The role of finance within the strategic planning process has become more relevant than ever. With the introduction of the balanced scorecard the financial performance of a firm has been emphasized has a key indicator of success and links strategic goals to performance and provide timely, useful information in order to facilitate strategic decisions. The article, The Role of Finance in the Strategic-Planning and Decision-Making Process, by Pedro M. Kono and Barry BarnesRead MoreComparison of the Resource-Based vs Market-Based View Approaches to Competitive Strategy1474 Words   |  6 Pagescompetition through ‘astute market positioning’. In other words firms identify the opportunities and threats in their external environment through the use of tools such as the Product Life Cycle, Porter’s 5 Forces Model of industry analysis, Strategic groups, Scenario planning and models namely Porter’s Generic Strategies, Customer Matrix and Mintzberg’s 5Pâ€⠄¢s Model. Upon mapping out the various opportunities and threats from outside and having a good understanding of the behavior and current external situationsRead MoreStrategic Management : Strategic Planning986 Words   |  4 Pagesit comes to strategic management many defined it as the management that link strategic planning decision-making. It is sometimes over looked unless it is specifically brought up when it comes up in strategic planning. With this management in place an organization can achieve its long-term goals. As well as plan out its future goals and endeavors for the organization to be successful. Strategy itself has many forms and levels as well; it is broken down into smaller parts of planning. For strategyRead MoreYahoo and Amazon: Building a Competitive Advantage1643 Words   |  7 PagesRunning Header: Yahoo and Amazon: Building a Competitive Advantage student name professor Bus599 Strategic Management date: 1. Describe, in brief, the histories of both of Amazon.com and Yahoo.com, and determine the core business of each. Yahoo and Amazon have been seeking to have a competitive advantage for years. Since they were incorporated, the companies have experienced a mix of challenges and success as they strive to gain market share. To start with, Yahoo was establishedRead MoreStrategic Management : Strategic Planning1460 Words   |  6 Pagesit comes to strategic management many defined it as the management that link strategic planning decision-making. It is sometimes over looked unless it is specifically brought up when it comes up in strategic planning. With this management in place an organization can achieve its long-term goals. As well as plan out its future goals and endeavors for the organization to be successful. Strategy itself has many forms and levels as well; it is broken down into smaller parts of planning. For strategyRead MoreHnd Business Strategy Task 11407 Words   |  6 Pagesorganisational strategic purpose and different processes of strategic planning, how to formulate a strategy and understand approaches to the evaluation process and the selection and finally how to implement that chosen strategy. CONTENTS Page no. Summary 2 Contents 3 1 Task 1 4 1.1 Mission, Vision, Objectives, Goals and Competencies†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 4-5 1.2 Key factors when designing strategic plans for SAS†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 5 1.3 Two different planning techniques forRead MoreSwot Analysis Of Boeing1500 Words   |  6 PagesIntroduction The World s largest manufacturers of military and commercial aircrafts Boeing was formed in Seattle, Washington in the year 1916. The leading manufacturer has been involved in many mergers and acquisitions internationally and making strategic alliances with aerospace giants like North American Aviation, Rockwell International, McDonald Douglas (Boeing, 2015). With the presence of diverse, talented and innovative workforce currently, being is operating in more than 80 countries with moreRead MoreStrategic Planning : A Strategic Plan905 Words   |  4 Pagesconsistency of strategic planning, which will improve business efficiencies by undertaking continued systematic evaluations of all processes and overhead costs of the business economic performance. Companies can find the basis of developing a strategic plan by understanding the functionality of the company, the structure of organizational change, the impact of the strengths and weaknesses of the organization, and abiding by the c ompany’s mission. Furthermore, strategic planning is the development

Friday, May 15, 2020

Caring for Children with ADHD Essay examples - 954 Words

ADHD stands for Attention Deficit Hyperactivity Disorder. It is one of the most common childhood disorders and can continue through adolescence and adulthood. ADHD has been a recognized disorder for over 50 years. There are three different types of ADHD. The disorder affects both males and females. ADHD does not affect intellectual ability, individuals with this disorder are just as smart as others. Doctors and researchers are still not sure why some people have ADHD. Researchers show that the disorder of ADHD probably genetic and that it may be inherited. Scientists are also exploring other things that may be associated with ADHD. It is usually first diagnosed in childhood and often lasts into adulthood. ADHD is more common in kids who†¦show more content†¦For a child to be diagnosed for ADHD, the child or adult has to have the symptoms for 6 or more months before the doctor can diagnose the child or adult.Certain medicines can help people with ADHD by improving their focus and attention and reducing their impulsiveness and hyperactivity. Some of the medications are Adderall, Adderall XR, Concerta, DAytrana, Desoxyn, Dexedrine, Dextrostat, Focalin, Focalin XR, Metadate ER, Metadate CD, Methylin, Ritalin, Ritalin SR, Ritalin LA, Strattera, amd Vyvanse. Taking these medications does not cure ADHD. They do help control the symptoms for a long period of time, only if you’re taking the medications regularly as the doctor suggests. Adding behavioral therapy, counseling, and practical support can help the children who have ADHD and their families to better with everyday problems. The most common side affects of taking any of these prescribed medications, is a decrease in their appetite, sleeping problems, anxiety, and irritability. Some children also will report mild stomachaches or headaches. Most of the side affects are mild and sometimes will disappear over time and if not the doctor will lower the dosage level of the medication. With ADHD there are some diets that may minimize the effects of the disorder. For instance a child with ADHD should be eating a fish twice a week and avoid high mercury fish. Also a doctor could perform a vitamin analysis to see what supplements a child mayShow MoreRelatedThe Misdiagnosis of Children with ADHD1498 Words   |  6 Pagesproviding financial assistance, food, and clothing. Time spent with parents is essential when dealing with children who have behavioral issues because parents or guardians may not have the funds or time to spend with their children due to other obligations needed to support the family. Parents and guardians play a major role in helping children grow and develop to their fullest potential. As children grow, they depend on their parents or guardians for basic needs and support such as food, shelter, educationRead MoreGathering Information Data For The Iep Process873 Words   |  4 Pagesdeeply understand why you should always be caring and understand ing, especially towards children. Seeing your daughter in such a fragile state had to of been terrible enough, but then to have a principal with lack of understanding must of made it ten times worse. The councilor, Grace, seemed caring and understanding, which had to have been at least a little relief on your part. No one knew what your daughter was experiencing and she deserved and needed that caring and understanding from everyone. As aRead MoreAttention Deficit Hyperactivity Disorder (ADHD)1259 Words   |  5 PagesHyperactivity Disorder (ADHD) is the most commonly found disorder in children in the United States. Statistics show that the male to female ratio for children with ADHD is eight to one. 4.4 million Children between the ages four to seventeen have diagnosed with ADHD (Cheng Tina L et al.). African American children are at a higher risk for having ADHD. Caucasian children are least likely to have ADHD. 2.5 million children receive medication for ADHD, but African Americ an children are half as likely asRead MoreAttention Deficit Hyperactive Disorder790 Words   |  3 PagesIt is estimated that roughly 11% of children and 4.1% of adults are diagnosed with attention-deficit/hyperactivity disorder (ADHD). This is a 40% jump in diagnoses in the past decade. Stimulants such as amphetamines are prescribed to treat ADHD to increase focus and as college students are becoming more overwhelmed by workloads, stimulants are becoming very commonly abused to make it through an all-night study session. Because of this there are several instances of students exaggerating symptomsRead MoreAttention Deficit Hyperactivity Disorder ( Adhd )1495 Words   |  6 Pageshyperactivity disorder (ADHD). ADHD is a neuro-development disorder and can start as early as three years old throughout adulthood. People with ADHD have trouble focusing on tasks and activities, this can have a negative impact on the individual in different ways. It can make the child feel alone, inco mpetent, and powerless and those that don’t understand this behavior only intensified their struggle. Family and schools have a major impact on the life of a child suffering with ADHD. Parents who are helpfulRead MoreAdhd : Attention Deficit Hyperactivity Disorder Essay1605 Words   |  7 PagesADHD, Attention Deficit Hyperactivity Disorder, is a neurodevelopmental disorder. ADHD is characterized by the inability to pay attention, extreme hyperactivity, impulsivity, difficulty controlling behavior, and not acting appropriate for the standards of one’s age. The cause of ADHD is unknown, however it is suggested that it is caused by certain environmental and genetic factors. ADHD is diagnosed using the criteria in the most recent DSM (The diagnostic and statistical manual of mental disorders)Read MoreAttention Deficit Hyperactive Disorder (ADHD) Essay1685 Words   |  7 Pagescommon mental disorders among children. Seen through a child eyes with ADHD is like a fast-movi ng kaleidoscope, where sounds, images and thoughts are constantly turning. Every person has experienced some of these symptoms once in their life. Just not everyday all day like a person with ADHD. This does not only affect the person with the disorder but the people around them. Whether it is your mom and dad, teacher, friends, or siblings. They need to understand that ADHD is a real disability that effectsRead MoreAttention Deficit Hyperactive Disorder ( Adhd )1664 Words   |  7 Pageshyperactive disorder (ADHD), is a neurobehavioral disorder of the brain. Textbooks typically depict an individual with ADHD as one who is inattentive, highly distractible, unable to contain stimuli, disorganized and exhibits excessive motor activity (Townsend Morgan, 2017, p. 636). It is easy to define a person by their impulsivity; however, it is difficult to try and understand the reasons behind the behavioral patterns that come along with this disorder. Blake Taylor, in his book, ADHD Me, offers aRead MoreAttention Deficit Hyperactivity Disorder ( Adhd ) Essay1700 Words   |  7 PagesFactual Overview Attention Deficit Hyperactivity Disorder, most commonly known as ADHD is a condition characterized by an ongoing pattern of hyperactivity, inattention, and impulsivity which interfere with functioning and development (National Institute of Mental Health). In attention refers to a child not paying close attention, lack of organization, and gets easily distracted and is forgetful. With hyperactivity a child can’t stay in assigned seat, fidgets, and talks excessively. ImpulsivityRead MoreChildren With Attention Deficit Hyper Activity Disorder ( Adhd )1386 Words   |  6 PagesParaprofessional I have experienced many aspects of grammar school education. Most of my assignments through the years have been with an elementary school child diagnosed with Attention Deficit Hyper Activity Disorder (ADHD). Through my training and experience I have learned that ADHD is a neurobehavioral development disorder and is a â€Å"persistent pattern inattention and/or hyperactivity—impulsivity that is more frequently displayed and more severe than is typically observed in individuals at a comparable

Wednesday, May 6, 2020

My Lack Of Knowledge On Vietnam - 1730 Words

Due to my lack of knowledge on Vietnam I did not understand some the main ideas that Doung Thu Houng addresses in Paradise of the Blind, such as the importance of family. The interactive oral helped me understand the reasons why Que and Aunt Tam had altars to honor their ancestors. I found it strange that they had altars for their dead relatives, where they offered food to them. I found it odd because in the Ethiopian culture I was raised upon we do not have ancestral alters or worship our ancestors. We only offer offerings to God, since my family is Orthodox. The concept of offering food to the dead was really intrigue because they believe that not only are they honoring they’re dead but also could potentially get blessings from their ancestors. I questioned how the dead was going to help the living because I believed only God could give you blessings. I thought it was a waste of food since Hang and her mother were struggling to eat. One of the group’s topics was on f ood and they addressed the reason why the Vietnamese people offered food. It was their way of fulfilling their duty by taking care of the diseased, which they believe existed in another realm, and in return of their worship and care, the ancestors would give advice and bestow good fortune. I have learned from the interactive oral presentations that family is really important in Vietnam. They helped me understand why Que did the things she did for her brother such as starving herself and her only daughter toShow MoreRelatedGuerilla Warfare in the Vietnam War620 Words   |  3 PagesA small country such as North Vietnam was able to win a war against a superpower like the United States of America, through, namely, tactics – such as Guerrilla Warfare -, the ignorance of their enemy, the attitude of the South Vietnamese, as well as a strong leader such as Ho Chi Minh. The Vietnam War was a major conflict (of the Cold War) which lasted from 1959 to 1975 , with US involvement from 1964 to 1973 . US reasons for their involvement in the war was their fear of â€Å"The Domino Effect† -Read MoreThe War Of The Vietnam War Essay1158 Words   |  5 Pageswar in vietnam is but a symptom of a far deeper malady within the American spirit.† Martin Luther King, Jr. once said. The Vietnam War was considered one of America’s greatest defeats of all time. Not only did the US failed to stop the spread of communism, but they also embarrassed this country as a whole with the outcome of this war. The overall outcome from this war will be remembered for years to come. In this essay, I will be talking about how the United States would have won the Vietnam war ifRead MoreShould Vietnamese Overseas Students Come Home Or Not?1649 Words   |  7 Pagesoverseas students come home or not? There is a very famous quiz show in Vietnam called â€Å"Road to Olympia†, which was first aired in 1999 and is organized once a year to find the best high school students in the country to receive scholarships granted by Swinburne University of Technology to study abroad in Australia. Only one of the 16 students who were awarded scholarships to study abroad had returned back home to Vietnam to work after graduation. Statistics on educational website nozomi.edu.vnRead MoreMy Life - Original Writing Essay981 Words   |  4 PagesMy sweaty body stuck to the plastic chair as I eyed the forbidden glass of ice water. Slowly, my fingertips inched across the table, brushing against the cool surface, before they were brusquely swatted away by my mother. â€Å"Don’t even think about it.† She hissed under her breath, and then gave me the warning look that all mothers across the globe have mastered. It was the summer of 2000 and my family was visiting relatives in my parent’s native country, Vietnam. Being so young, I was less concernedRead MoreHarry S. Trumans Decision to Drop the Atomic Bomb1857 Words   |  7 Pagesintervention combats Communism’s spread in The Vietnam War. Although the U.S. thought it was necessary to intervene the My Lai Massacre along with other horrific incidents of violence, Communism’s spread and the major disapproval of the war effort characterized the Vietnam War as a failed attempt by the United States to avert unification by Communist nationalist forces in order to preserve and instill Democracy in Vietnam’s government. The Vietnam War’s initial purpose seemed to be clear: to destroyRead MoreAmerica s Involvement Of The Vietnam War1008 Words   |  5 Pagesbecause that s what happened to us.† That was my very first question when my grandfather first told me about the most brutal and longest wars America has ever been in, the Vietnam War. America’s involvement in the conflict was to stop the evil and corrupt system of Communism. French forces were dead meat unless America teamed up with them. Unfortunately, this didn t stop the nonmoral army under Ho Chi Minh. The United Sates did not win the Vietnam War due to strong motivation, Guerrilla warfareRead MoreRoles Of Women During The Vietnam War1291 Words   |  6 PagesThe roles of women and men in the Vietnam War varied greatly due the stereotypical characterizations of society. While women were not included in the draft, protected from its brutality and tragedies, men were forced from their homes, enlisted in the army. In Oâ₠¬â„¢Brien’s The Things They Carried, women are portrayed as apathetic towards Vietnam soldiers. They are the homebound sex, too fragile and moral to be aware of the world outside their own, and unable to empathize with the emotional baggage thatRead MoreThe Things They Carried By Tim O Brien1459 Words   |  6 Pages1950’s, the Vietnam War turned to be the modern pinnacle for battles resulting in the deaths of 58,000 American soldiers and millions of Vietnamese death. It saw the viable destruction of modern technology such as the newly fashioned M-16 rifle and the Apache, a helicopter made for mass destruction. For the soldiers experiencing Vietnam, it was truly an experience which would shape their hearts and minds forever. As evidenced in Tim O’ Brien’s The Things They Carried, The Vietnam War was an emotionalRead MoreEssay about Why the U.S. Withdrew Its Forces from Vietnam in 1973924 Words   |  4 PagesWithdrew Its Forces from Vietnam in 1973 The USA’s involvement in Vietnam started in 1954, for a few reasons. Firstly, the Americans were, as always, concerned with the spread of communism. They wanted to stop communism spreading through south-east Asia. They were worried that if one country were to fall to a communist leader, so would neighbouring countries. This was known as the Domino Theory. These reasons for joining the war in Vietnam and the fact that theRead MoreGender Roles in Vietnam and in the United States1178 Words   |  5 PagesThis paper I interviewed my grandmother with gender role because I think she knows more about that. So she could help me understand more about gender roles between the two countries such as Vietnam and the United States as well as what is a difference compared to the past and present. My grandmother was born and raised in Vietnam has more than 45 years ago, before my grandmother emigrated and lived in the United States so far. I posed various questions about the gender role with her. She replied

Tuesday, May 5, 2020

Brand Protection and the Globalization of British Business.

Question: Discuss about the Essay for Brand Protection and the Globalization of British Business? Answer: Identifications of the key areas in order to develop a new venture The assignment will cover the development process of a successful business plan towards launching a new business in a retail sector. The concept of the retail sector management is very vast. It mainly deals in the marketing and development process of different kinds of products. It is the process of selling customer goods and services by the process multiple channels of distribution in order to earn a profit. Business exits in a dynamic environment (Chakrabarti, 2013). The meaning of the word self-motivated environment is an environment, which is chaining in a continuous basis. The job of an effective entrepreneur is to analyze all the areas of marketing in a continuous manner, which will conclude in the process of development of a proper marketing plan and process (da Silva Lopes Casson, 2012). Developing a proper target market is one of the key areas, which for launching a new commerce in retail sector with an objective to obtain to obtain marketing and operational support from po ssible backers. Demand is created through a vast target market. Launching a new product in the market includes a lot of research work that needs to be performed in the process of development of a proper marketing plan. The primary thing, which needs to be analyzed in a proper manner, is conclude about the demands of the customers. The technological advancement has brought a major breakthrough in the operational activities of the human. The product, which is selected in the study, is a Smart Watch (Gupta, Massisimo Koontz, 2013). The contribution of technology towards the development process of a proper communication system is remarkable (Gaudenzi Borghesi, 2012). The objective of this particular watch is to function beyond time keeping. It is a computerized wristwatch, which will perform multi-tasking activities such as calculations, transactions, communication, and game playing. On the other hand, the smart will perform different kinds of multimedia activities such as FM Radio, audio and video. After completing different kinds of investigation procedure, the retail sector has decided to develop a proper smart watch, which the users will be benefited in different ways (George Jones, 2012). In order to develop a new and modern product, the primary activity of the retail sector is to develop a proper advertisement and promotional activities. It will allow the organization to develop a proper communication between the buyers (Gupta, Massisimo Koontz, 2013). The buyers will stay updated about the latest product and services and on the other hand, seller can conclude about the latest customer demands and wants. Based on the collected information the retail sector management will be able to develop a proper product, which will fulfill the requirements of the customers (Hoffmann, 2012). This is one of the ideal products, which the retail sector management needs to develop in order to develop a proper customer retention policy. It will automatically increase the sales and profit of the organization and will develop a new platform for the new generations. The application of the smart watch will get popularize as per the technological advancement (Hood, 2013). Role of a successful entrepreneur Business exits in a dynamic environment. The job of a successful entrepreneur is to analyze all the situations of the commerce in a proper manner, which will conclude about the requirements of the organization as well as the market (Hopkin, 2012). There are certain entrepreneur goals and activities that every entrepreneur needs develop depending upon the character of the organizations (Gupta, Massisimo Koontz, 2013). In every association, the job of the entrepreneur is to convert all the behavior of the business organization in a proper manner, which will allow the association to achieve the universal organizational goals, and managerial actions. In order to develop proper business activities all the entrepreneur in the organizations needs to perform all the organizational activities in a continuous manner (Klijn, Schweckendiek, Klijn Schweckendiek, 2013). The organizational activities includes the process of planning, organizing, coordinating and controlling are the four important factors which every entrepreneur s in the organization needs to perform throughout the organizational activities. The role of every entrepreneur in the organizations is diversified. Based on the nature and the role of the organization every manger needs perform some of the key activities in the organizational plans and organizational procedure (Klijn, Schweckendiek, Klijn Schweckendiek, 2013). It is not possible for all the entrepreneur s to perform all the organizational activities. One of the key skills of the entrepreneur is to develop a proper financial decision making activities in the organization. Finance is the backbone of every organization. The process of developing a proper financial decision making activity is one of the most significant role of the mangers. The entrepreneur needs to apply its proper forecasting skills in order to anticipate the demands and wants of the market in order to conclude the best financial decision making process in the organization. Generally, the roles and the skills of the entrepreneur are divided into three levels. The first line entrepreneur, middle line entrepreneur and the top-level entrepreneur s are the three levels of entrepreneur. Efficiency is the notion of doing things in a right manner and on the other hand the notion of the effectiveness doing the right things (Klijn, Schweckendiek, Klijn Schweckendiek, 2013). One of t he key skills of a successful entrepreneur is to allocate the resources of the organization in a proper manner, which wills ensure in the optimum utilization of resources. Making decisions, allocating resources and direct activities of the individuals in the organizations are the key skills and roles of a successful entrepreneur in the organization (Moorhead Griffin, 2012). According to Mintzbergs theory, in order to become a successful entrepreneur the role of the entrepreneur is classified into three segments. Interpersonal roles, informational roles and decisional roles are the three main roles which majority of the entrepreneur follows in the organizational plans and operations. Further, the notion of the skills is classified into three segments. Technical skills, human skills and conceptual skills are the three highlighted skills of every entrepreneur in the organizational plans and organizational procedures. The notion of the technical skills is the ability to apply specialized knowledge in the organizational plans and activities. The concept of the human skills is to conclude the ability to work among the people in order to motivate the employees both individual and in-group (Mynott, 2012). The notion of the conceptual skills is to analyze the motivational factors of every motivational skill of each employee in the organization. These are the thr ee fundamental skills and roles of every successful entrepreneur s follow in the organizational plans and procedures. Process of implementation Challenges and problems are always there in the organization. It is not possible for the entrepreneur to run a smooth a flow of the work in the organization. In the era of globalization all, the organizational gets the opportunity to diversify the business the business operations beyond the national boundary (Phillips Gully, 2013). There are certain advantages as well as well as certain disadvantages in the process of globalization. The purchasing options of the customers are must diversified as compared with the traditional mode of shopping. In the process of globalization there are different employees joins the organization from different cultural backgrounds. The mode of communication differ one another. If every individual tries to follow their own way of communication in the organization, it will lead to confusion in the organizational operations and procedures. Developing a proper cultural diversity in the organization is one of the most difficult jobs for the entrepreneur to develop a proper cultural diversity in the organizational (Robbins Judge, 2012). It is one of the most difficult and challenging jobs for the entrepreneur to develop a cultural diversity in the organization. It is the primary job of the organization to develop proper socio cultural backgrounds. In order to implement a proper organizational plans and procedure, the primary step which every entrepreneur needs to develop in order to implement all the organizational plans and procedure. The notion of the social responsiveness is another highlighted factor, which the entrepreneur of every organization needs to develop in the organizational plans and procedure (Schermerhorn, 2012). Sometimes it becomes very much difficult for any business firm mainly in the retail sector management to develop a proper responsiveness factor towards the organizational plans and procedure (Klijn, Schweckendiek, Klijn Schweckendiek, 2013). The notion of the social responsiveness will allow the organization to demonstrate the requirements of the society. Every business firms needs to contribute some portion of the profit towards the development process of the background of the society (Trott, 2012). The final factor, which is highlighted towards the formulation of an entrepreneurship proposal and successful development of the plan, is another highlighted factor in the organizational plans and procedure. It is one of the most difficult for the entrepreneur to develop a proper and to market in the right manner (Werhane, 2012). Preparation of a full project plan There are different kinds of risks, which are considered towards the development process of the organizational plans and procedures. Risks are the integrated part of the every entrepreneur ial plans and activities. The objective of this particular assignment is to analyze all the factors towards the development process of the selected product in the organization (Robbins Judge, 2012). There are certain risks, which are included towards the development process of the selected product. The following part of the study will conclude about the different kinds of risk, which are involved in the development process of a proper marketing plans and procedure. Return on investment The concept of return on investment is one of the most important and challenging and important factor towards the development process of a proper marketing plan. Return on investment is a routine measure, which is used to measure the quantity of return on investment relative to the investment cost (Phillips Gully, 2013). The selected product in the study is a smart watch. The concept of smart watch is a new product in the market. There will be certain challenges and barriers, which can be found towards the development process of a proper marketing plans and procedure. Risk Management The concept of risk management is the identification of risk in the organizational plan and organizational operations (Liu, 2012). To expand a proper risk management system in the organization, the primary objective is to expand a proper monitoring system in the organization, which will rectify the errors in the organization. Marketing Plan The primary objective of developing a proper marketing plan is to build a proper communication channel between the buyers and users. In order to do so, adopting different process of advertisement and promotion is the ideal platform in order to develop a proper marketing plans and process. The company needs to adopt two different modes of communication system (Moorhead Griffin, 2012). One is the traditional modes of communication system and the other hand is the modern mode of communication system. Depending upon the objectives of the business, majority of the companies developing innovative products needs to adopt the platform of the modern mode of communication system such as Facebook, twitter and You Tube is the best mode of communication system. The objective of any marketing plan is to ensure that all the details of the product and services must reach to the customers in order to stay updated (Klijn, Schweckendiek, Klijn Schweckendiek, 2013). Operational Issues Operational issues are some issues, which are identified in the daily operations of the business. It operational issues include different kinds of entrepreneur issues such as maintaining the working capital management of the organization which will ensure in the free and smooth of business. The operational issues, which can be identified in the business operations, are the allocation of resources, which the majority of the entrepreneur faces in the daily business operations (Hood, 2013). These are the two identified issues, which can be concluded in the operational management of any company. Reference List Chakrabarti, A. (2013).CIRP design 2012. London: Springer. da Silva Lopes, T., Casson, M. (2012). Brand Protection and the Globalization of British Business.Business History Review,86(02), 287-310. https://dx.doi.org/10.1017/s0007680512000414 Gaudenzi, B., Borghesi, A. (2012).Risk management. Milan: Springer. George, J., Jones, G. (2012).Understanding and managing organizational behavior. Boston: Prentice Hall. Gupta, D., Massisimo, A., Koontz, C. (2013).Marketing Library and Information Services II. Berlin: De Gruyter. Hoffmann, E. (2012).User integration in sustainable product development. Sheffield, UK: Greenleaf Pub. Hood, D. (2013).The marketing manifesto. London: Kogan Page. Hopkin, P. (2012).Fundamentals of risk management. London: Kogan Page. Klijn, F., Schweckendiek, T., Klijn, F., Schweckendiek, T. (2013).Comprehensive flood risk management. Boca Raton, FL: CRC Press. Liu, J. (2012). Microfinance Risk Management with Work Breakdown Structure.JFRM,01(03), 38-41. https://dx.doi.org/10.4236/jfrm.2012.13007 Moorhead, G., Griffin, R. (2012).Managing organizational behavior. Andover: South-Western Cengage Learning. Mynott, C. (2012).Lean product development. London: Institution of Engineering and Technology. Phillips, J., Gully, S. (2013).Organizational behavior. Mason, OH: South-Western Cengage Learning. Robbins, S., Judge, T. (2012).Essentials of organizational behavior. Upper Saddle River, N.J.: Pearson Prentice Hall. Schermerhorn, J. (2012).Organizational behavior.. Hoboken, N.J.: Wiley. Trott, P. (2012).Innovation management and new product development. Harlow, England: Financial Times/Prentice Hall. Werhane, P. (2012). Globalization and Its Challenges for Business and Business Ethics in the Twenty-first Century.Business And Society Review,117(3), 383-405. https://dx.doi.org/10.1111/j.1467-8594.2012.00410.x