What is your operation, technology and management plan?

Note: Remember to assign a dollar amount to each
operational cost you find, as you will need these figures for your
income statement and cash flow in Week 8.

1. Create an operations plan for your NAB company using the template in the text as a guide (p. 214 | Operations Plan Preparation Form. Extract appropriate information from the NAB Company portfolio, where
   applicable. Other required items in the template should be filled in
   using your personal preferences.
2. Provide a rationale for the competitive advantages section using
   appropriate functional-level and business-level strategies to explain
   the competitive advantages.
   • Note: Much of the research pertaining to the hints provided here can be found in the NAB company portfolio.
   • Hints: Consider whether you will rent or buy your facilities or outsource production to an existing company.
   • Hints: One of your biggest expenses as a startup
     non-alcoholic beverage company will be transitioning from a small batch
     prototype of your beverage to production on a large scale. Research the
     equipment you will need (vats, refrigerators, burners, ovens, bottling
     equipment, and so on), whether you will rent or buy, how you will
     maintain and clean it, and so forth. Consider how you will ensure
     quality control. What capacity do you intend to reach?
   • Hints: Deliberate your inventory control. Where do your
     supplies come from and what is your turnaround time to produce your
     beverage once you have received an order?
   • Hints: Consider your distribution method. Refer back to your notes for the SWOT analysis assignment in Week 2 of class.
   • Hints: How will you stay abreast of new developments in
     your industry? What new products do you have in development now, in
     addition to your flagship product?
3. Describe your research and development activities and explain how they will contribute to the company.

Technology Plan (1 – 2 pages)

1. Create a technology plan for your NAB company using the template in the text as a guide (p. 227 | Technology Plan Preparation Form
   ). Extract appropriate information from the NAB Company portfolio,
   where applicable. Other required items in the template should be filled
   in using your personal preferences.
2. Provide a rationale for the personnel needs section by incorporating appropriate functional-level strategies.
   • Hints: Consider the type of technology your company will
     use to conduct the following activities: manage personnel; take,
     fulfill, and track orders; manage inventory; communicate with customers
     and provide customer service; and produce your beverage.

Management & Organization (1 – 2 pages)