Week 5 Discussion/Strategic Management

“Operations”
For this week’s discussion, please respond to the following: 

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How would your NAB business work in term of operations (production, inventory control, distribution, customer service, research and development, etc.)?

Notes: 

You will have to include all the equipment, technology and personnel listed in your NAB Company Portfolio from your business plan. The information is located under Note #2 in the portfolio. 
You must use the information from the NAB Portfolio first and then you can add to it.  
Check out Chapter 11: Operations to learn more. You will use this week’s information in Assignment 3.

 To help you get started with Week 5 Discussion
Operations:
Describe the day-to-day functions of your company (include the appropriate information from the NAB portfolio-notes # 1 and 2).
 How will you run your business? Consider the following areas:

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Facilities
Production process: how will you produce the product
Inventory control- how much inventory you will have
Distribution- how will you distribute the product
Customer service- how will you handle customers and returns
Research and Development- how will you improve the product and how will you continue to search for new combinations/ flavors
Etc.

Resources:

Chapter 11- Operations-  for information, worksheets, and a sample plan
Video overview of how to approach this discussion below:

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