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This assignment consists of two (2) sections: your final business plan and your business

This assignment consists of two (2) sections: your final business plan and your business

This assignment consists of two (2) sections: your final business plan and your business

This assignment consists of two (2) sections: your final business plan and your business plan financials. Note: You must submit both sections as separate files for the completion of this assignment.You have completed all of the necessary sections of your business plan and will now create a final draft. Use any / all feedback you have received to polish your plan to the point that you could confidently show it to investors and potential partners or customers.Refer to the Outline of a Business Plan, beginning on p. 399 of the course text. (Click here for help accessing a specific page number in your eBook.) Not all businesses will include all of these components in this order, but use the outline as a guide. Specifically your plan will not require the Development, Milestones, and Exit Plan section of the business plan.Section 1: Business Plan (MS Word or equivalent)Construct a ten to thirty (10-30) page business plan. Note: Twenty (20) pages are sufficient for most businesses. 1)      Write a one to three (13) page executive summary for your business plan, in which you justify: a.       A clear and concise business concept.b.      A thoroughly planned business concept.c.       A capable management structure.d.      A clear-cut market need.e.       Significant competitive advantages for your business.f.       Realistic financial projections.g.      That investors have an excellent chance to make money.h.      A realistic and developed exit plan.Note: Read Chapters 4 and 18 of the course text: Successful Business Plan . Use the plan preparation worksheets on pp. 5861 and the sample executive summaries on pp. 6266 to help guide you, choose to write either a synopsis summary or a narrative summary, and include highlights from the each section of your business plan.2)      Combine all of the sections stated below and revise your initial business plan draft, which you submitted in Week 8, based on feedback you have received. o    Executive Summaryo    Company Description (Assignment 1) o    Industry Analysis and Trends ( Assignment 1 )o    Target Market ( Assignment 2 )o    Competition ( Assignment 2 )o    Strategic Position & Risk Assessment ( Assignment 1 )o    Marketing Plan & Sales Strategy ( Assignment 2 )o    Operations Plan ( Assignment 3 Part 1 )o    Technology Plan ( Assignment 3 Part 1 )o    Management & Organization ( Assignment 3 Part 1 )o    Ethics & Social Responsibility ( Assignment 3 Part 2) o    The Financials ( Week 7 Discussion )         The Financials and the Management description”must spark enough interest to convince a reader to continue. Enhance the two (2) mentioned sections to appropriately engage the reader. o    Hints: The financial section of your business plan will be derived from the previously completed financial worksheets.         Format your assignment according to these formatting requirements: o    Cite the resources you have used to complete the exercise. Note: There is no minimum requirement for the number of resources used in the exercise.o    Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; references must follow APA or school-specific format. Check with your professor for any additional instructions.o    Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required page length.Section 2: Business Plan Financials (MS Excel worksheets bundled with course textbook)          For year one, submit a revised Income Statement, Cash Flow Projection, and Balance Sheet from the Business Plan Financials Excel template based on your feedback from Project Deliverable 4: Business PlanDraft .The specific course learning outcomes associated with this assignment are: Describe strategic planning techniques used to formulate alternative strategies designed to achieve stated business goals. Create a plan to implement a firm’s strategy and manage the change from current operations. Analyze strategies for exerting the internal leadership needed to drive the implementation of strategic initiatives and improve operating excellence. Use technology and information resources to research issues in strategic management. Write clearly and concisely about strategic management using proper writing mechanics.CriteriaUnacceptableBelow 70% FFair70-79% CProficient80-89% BExemplary90-100% A 1) Write a one to three (13) page executive summary for your business plan, in which you justify:a. A clear and concise business concept.b. A thoroughly planned business concept.c. A capable management structure.d. A clear-cut market need.e. Significant competitive advantages for your business.f. Realistic financial projections.g. That investors have an excellent chance to make money.h. A realistic and developed exit plan.Weight: 10%Did not submit or incompletely wrote a one to three (13) page executive summary for your business plan, in which you justified:a. A clear and concise business concept.b. A thoroughly planned business concept.c. A capable management structure.d. A clear-cut market need.e. Significant competitive advantages for your business.f. Realistic financial projections.g. That investors have an excellent chance to make money.h. A realistic and developed exit plan.Partially wrote a one to three (13) page executive summary for your business plan, in which you justified:a. A clear and concise business concept.b. A thoroughly planned business concept.c. A capable management structure.d. A clear-cut market need.e. Significant competitive advantages for your business.f. Realistic financial projections.g. That investors have an excellent chance to make money.h. A realistic and developed exit plan.Satisfactorily wrote a one to three (13) page executive summary for your business plan, in which you justified:a. A clear and concise business concept.b. A thoroughly planned business concept.c. A capable management structure.d. A clear-cut market need.e. Significant competitive advantages for your business.f. Realistic financial projections.g. That investors have an excellent chance to make money.h. A realistic and developed exit plan.Thoroughly wrote a one to three (13) page executive summary for your business plan, in which you justified:a. A clear and concise business concept.b. A thoroughly planned business concept.c. A capable management structure.d. A clear-cut market need.e. Significant competitive advantages for your business.f. Realistic financial projections.g. That investors have an excellent chance to make money.h. A realistic and developed exit plan.2) Combine all of the sections stated below and revise your initial business plan draft, which you submitted in Week 8, based on feedback you have received.Weight: 40%Did not submit or incompletelycombined all of the sections stated below and did not submit or incompletely revised your initial business plan draft, which you submitted in Week 8, based on feedback you have received.Partially combined all of the sections stated below and partially revised your initial business plan draft, which you submitted in Week 8, based on feedback you have received.Satisfactorily combined all of the sections stated below and satisfactorily revised your initial business plan draft, which you submitted in Week 8, based on feedback you have received.Thoroughly combined all of the sections stated below and thoroughly revised your initial business plan draft, which you submitted in Week 8, based on feedback you have received.3) The Financials and the Management description”must spark enough interest to convince a reader to continue. Enhance the two (2) mentioned sections to appropriately engage the reader. Weight: 20%Did not submit or incompletelyenhanced the two (2) mentioned sections to appropriately engage the reader.Partially enhanced the two (2) mentioned sections to appropriately engage the reader.Satisfactorily enhanced the two (2) mentioned sections to appropriately engage the reader.Thoroughly enhanced the two (2) mentioned sections to appropriately engage the reader.4. Clarity, writing mechanics, and formatting requirementsWeight: 15%More than 6 errors present5-6 errors present3-4 errors present0-2 errors present5. For year one, submit a revised  Income Statement, Cash Flow Projection, and Balance Sheet from the Business Plan Financials Excel template based on your feedback from Project Deliverable 4: Business PlanDraft.Weight: 15%Did not submit or incompletely, for year one, revised   the Income Statement, Cash Flow Projection, and Balance Sheet from the Business Plan Financials Excel template based on your feedback from Project Deliverable 4: Business PlanDraft.Partially, for year one, revised   the Income Statement, Cash Flow Projection, and Balance Sheet from the Business Plan Financials Excel template based on your feedback from Project Deliverable 4: Business PlanDraft.Satisfactorily, for year one, revised   the Income Statement, Cash Flow Projection, and Balance Sheet from the Business Plan Financials Excel template based on your feedback from Project Deliverable 4: Business PlanDraft.Thoroughly, for year one, revised   the Income Statement, Cash Flow Projection, and Balance Sheet from the Business Plan Financials Excel template based on your feedback from Project Deliverable 4: Business PlanDraft.                  FEEDBACK BELOWBUS599-A3-1 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. Weight: 15%8.92 (12)75%)Levels of Achievement: [removed]Unacceptable 0 – 69% F 0 (0%) – 7.24 (10.35%)[removed][removed]Did not submit or incompletely created an operations plan for your NAB company using the template in the text as a guide.[removed]Fair 70 – 79% C 7.35 (10.5%) – 8.3 (1 1)85%)[removed][removed]Partially created an operations plan for your NAB company using the template in the text as a guide.[removed]Proficient 80 – 89% B 8.4 (12%) – 9.34 (13)35%)[removed][removed]Satisfactorily created an operations plan for your NAB company using the template in the text as a guide.[removed]Exemplary 90 – 100% A 9.45 (13)5%) – 10.5 (15%)[removed][removed]Thoroughly created an operations plan for your NAB company using the template in the text as a guide.Feedback:The operations plan could have been explained in a clearer fashion for the company. Further examination of the plan could have been developed.BUS599-A3-2 2) Provide a rationale for the competitive advantages section using appropriate functional-level and business-level strategies to explain the competitive advantages. Weight: 5%2)98 (4.25%)Levels of Achievement: [removed]Unacceptable 0 – 69% F 0 (0%) – 2)42 (3)45%)[removed][removed]Did not submit or incompletely provided a rationale for the competitive advantages section using appropriate functional-level and business-level strategies to explain the competitive advantages.[removed]Fair 70 – 79% C 2)45 (3)5%) – 2)76 (3)95%)[removed][removed]Partially provided a rationale for the competitive advantages section using appropriate functional-level and business-level strategies to explain the competitive advantages.[removed]Proficient 80 – 89% B 2)8 (4%) – 3)12 (4.45%)[removed][removed]Satisfactorily provided a rationale for the competitive advantages section using appropriate functional-level and business-level strategies to explain the competitive advantages.[removed]Exemplary 90 – 100% A 3)15 (4.5%) – 3)5 (5%)[removed][removed]Thoroughly provided a rationale for the competitive advantages section using appropriate functional-level and business-level strategies to explain the competitive advantages.Feedback:You did provide a general rationale for the competitive advantages section using appropriate functional-level and business-level strategies to explain the competitive advantages. Further points could have been explainedBUS599-A3-3 3) Describe your research and development activities and explain how they will contribute to the company. Weight: 10%5.95 (8.5%)Levels of Achievement: [removed]Unacceptable 0 – 69% F 0 (0%) – 4.83 (6.9%)[removed][removed]Did not submit or incompletely described your research and development activities and did not submit or incompletely explained how they will contribute to the company.[removed]Fair 70 – 79% C 4.9 (7%) – 5.53 (7.9%)[removed][removed]Partially described your research and development activities and partially explained how they will contribute to the company.[removed]Proficient 80 – 89% B 5.6 (8%) – 6.23 (8.9%)[removed][removed]Satisfactorily described your research and development activities and satisfactorily explained how they will contribute to the company. .[removed]Exemplary 90 – 100% A 6.3 (9%) – 7 (10%)[removed][removed]Thoroughly described your research and development activities and thoroughly explained how they will contribute to the company. .Feedback:You were too general in your description of the research and development activities.BUS599-A3-4 4. 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. Weight: 15%8.92 (12)75%)Levels of Achievement: [removed]Unacceptable 0 – 69% F 0 (0%) – 7.24 (10.35%)[removed][removed]Did not submit or incompletely created a technology plan for your NAB company using the template in the text as a guide.[removed]Fair 70 – 79% C 7.35 (10.5%) – 8.3 (1 1)85%)[removed][removed]Partially created a technology plan for your NAB company using the template in the text as a guide.[removed]Proficient 80 – 89% B 8.4 (12%) – 9.34 (13)35%)[removed][removed]Satisfactorily created a technology plan for your NAB company using the template in the text as a guide.[removed]Exemplary 90 – 100% A 9.45 (13)5%) – 10.5 (15%)[removed][removed]Thoroughly created a technology plan for your NAB company using the template in the text as a guide.Feedback:The general area of creating a technology plan needed more specific points. More specifics would have enhanced the depth of your paper.BUS599-A3-5 5. Provide a rationale for the personnel needs section by incorporating appropriate functional-level strategies. Weight: 5%2)98 (4.25%)Levels of Achievement: [removed]Unacceptable 0 – 69% F 0 (0%) – 2)42 (3)45%)[removed][removed]Did not submit or incompletely provided a rationale for the personnel needs section by incorporating appropriate functional-level strategies.[removed]Fair 70 – 79% C 2)45 (3)5%) – 2)76 (3)95%)[removed][removed]Partially provided a rationale for the personnel needs section by incorporating appropriate functional-level strategies.[removed]Proficient 80 – 89% B 2)8 (4%) – 3)12 (4.45%)[removed][removed]Satisfactorily provided a rationale for the personnel needs section by incorporating appropriate functional-level strategies.[removed]Exemplary 90 – 100% A 3)15 (4.5%) – 3)5 (5%)[removed][removed]Thoroughly provided a rationale for the personnel needs section by incorporating appropriate functional-level strategies.Feedback:Too general in your rationale for the personnel needs section as you incorporated the appropriate functional-level strategiesBUS599-A3-6 6. Create a management plan for your NAB company using the template in the text as a guide (p. 248 | Management 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. Form). Weight: 15%8.92 (12)75%)Levels of Achievement: [removed]Unacceptable 0 – 69% F 0 (0%) – 7.24 (10.35%)[removed][removed]Did not submit or incompletely created a management plan for your NAB company using the template in the text as a guide.[removed]Fair 70 – 79% C 7.35 (10.5%) – 8.3 (1 1)85%)[removed][removed]Partially created a management plan for your NAB company using the template in the text as a guide.[removed]Proficient 80 – 89% B 8.4 (12%) – 9.34 (13)35%)[removed][removed]Satisfactorily created a management plan for your NAB company using the template in the text as a guide.[removed]Exemplary 90 – 100% A 9.45 (13)5%) – 10.5 (15%)[removed][removed]Thoroughly created a management plan for your NAB company using the template in the text as a guide.Feedback:You did discuss, at a macro level, the management plan for the company.BUS599-A3-7 7. Using the flow charts on p. 242 as a guide, outline your company’s management hierarchy. Note: Charts or diagrams must be imported / included in the MS Word document. Weight: 15%8.92 (12)75%)Levels of Achievement: [removed]Unacceptable 0 – 69% F 0 (0%) – 7.24 (10.35%)[removed][removed]Did not submit or incompletely outlined your company’s management hierarchy, using the flow charts on p. 242 as a guide.[removed]Fair 70 – 79% C 7.35 (10.5%) – 8.3 (1 1)85%)[removed][removed]Partially outlined your company’s management hierarchy, using the flow charts on p. 242 as a guide.[removed]Proficient 80 – 89% B 8.4 (12%) – 9.34 (13)35%)[removed][removed]Satisfactorily outlined your company’s management hierarchy, using the flow charts on p. 242 as a guide.[removed]Exemplary 90 – 100% A 9.45 (13)5%) – 10.5 (15%)[removed][removed]Thoroughly outlined your company’s management hierarchy, using the flow charts on p. 242 as a guide.Feedback:You did outline the company¿s management hierarchy. The relationship of the members to the company is general. BUS599-A3-8 8. Provide a rationale for the management structure and style section by incorporating appropriate functional-level strategies. Weight: 5%3)32 (4.75%)Levels of Achievement: [removed]Unacceptable 0 – 69% F 0 (0%) – 2)42 (3)45%)[removed][removed]Did not submit or incompletely provided a rationale for the management structure and style section by incorporating appropriate functional-level strategies.[removed]Fair 70 – 79% C 2)45 (3)5%) – 2)76 (3)95%)[removed][removed]Partially provided a rationale for the management structure and style section by incorporating appropriate functional-level strategies.[removed]Proficient 80 – 89% B 2)8 (4%) – 3)12 (4.45%)[removed][removed]Satisfactorily provided a rationale for the management structure and style section by incorporating appropriate functional-level strategies.[removed]Exemplary 90 – 100% A 3)15 (4.5%) – 3)5 (5%)[removed][removed]Thoroughly provided a rationale for the management structure and style section by incorporating appropriate functional-level strategies.Feedback:Your rationale for the management structure and style section in using the functional-level strategies was general. BUS599-A3-9 9. Clarity, writing mechanics, and formatting requirements. Weight: 15%9.98 (14.25%)Levels of Achievement: [removed]Unacceptable 0 – 69% F 0 (0%) – 7.24 (10.35%)[removed][removed]More than 6 errors present[removed]Fair 70 – 79% C 7.35 (10.5%) – 8.3 (1 1)85%)[removed][removed]5-6 errors present[removed]Proficient 80 – 89% B 8.4 (12%) – 9.34 (13)35%)[removed][removed]3-4 errors present[removed]Exemplary 90 – 100% A 9.45 (13)5%) – 10.5 (15%)[removed][removed]0-2 errors presentFeedback:Minimum errors presentPartially revised the Company Description (Mini Project Deliverable 1) section based on the feedback you have received.[removed]Proficient 80 – 89% B 1)68 (5.6%) – 1)87 (6.23%) [removed][removed]Satisfactorily revised the Company Description (Mini Project Deliverable 1) section based on the feedback you have received.Feedback:You generally discussed the revised company descriptionBUS599-A3-2 1b. Revise the Industry Analysis and Trends (Project Deliverable 1) section based on the feedback you have received. 1)78 (5.95%)Levels of Achievement: [removed]Proficient 80 – 89% B 1)68 (5.6%) – 1)87 (6.23%) [removed][removed]Satisfactorily revised the Industry Analysis and Trends (Project Deliverable 1) section based on the feedback you have received.Feedback:I could identify your general discussion on the revised industry analysis and trends.BUS599-A3-3 1c. Revise the Strategic Position & Risk Assessment (Project Deliverable 1) section based on the feedback you have received. 1)78 (5.95%)Levels of Achievement: [removed]Proficient 80 – 89% B 1)68 (5.6%) – 1)87 (6.23%) [removed][removed]Satisfactorily revised the Strategic Position & Risk Assessment (Project Deliverable 1) section based on the feedback you have received.Feedback:The discussion on the Strategic Position & Risk Assessment section could have provided further specifics.BUS599-A3-4 1d. Revise the Target Market (Project Deliverable 2) section based on the feedback you have received. 1)78 (5.95%)Levels of Achievement: [removed]Proficient 80 – 89% B 1)68 (5.6%) – 1)87 (6.23%) [removed][removed]Satisfactorily revised the Target Market (Project Deliverable 2) section based on the feedback you have received.Feedback:There was a general discussion for the target market. BUS599-A3-5 1e. Revise the Competition (Project Deliverable 2) section based on the feedback you have received. 1)78 (5.95%)Levels of Achievement: [removed]Proficient 80 – 89% B 1)68 (5.6%) – 1)87 (6.23%) [removed][removed]Satisfactorily revised the Competition (Project Deliverable 2) section based on the feedback you have received.Feedback:You did provide a general revision for the competition section.BUS599-A3-6 1f. Revise the Marketing Plan & Sales Strategy (Project Deliverable 2) section based on the feedback you have received. 1)68 (5.6%)Levels of Achievement: [removed]Proficient 80 – 89% B 1)68 (5.6%) – 1)87 (6.23%) [removed][removed]Satisfactorily revised the Marketing Plan & Sales Strategy (Project Deliverable 2) section based on the feedback you have received.Feedback:There was a broad discussion for the revision of the marketing plan and the sales strategy.BUS599-A3-7 2a. Describe the ways in which your company is committed to being a good corporate citizen. 1)68 (5.6%)Levels of Achievement: [removed]Proficient 80 – 89% B 1)68 (5.6%) – 1)87 (6.23%) [removed][removed]Satisfactorily described the ways in which your company is committed to being a good corporate citizen.Feedback:You generally described the ways in which your company is committed to being a good corporate citizen.BUS599-A3-8 2b. Discuss how your company’s activities will affect the environment and identify the steps you will take to mitigate any negative impacts. 1)78 (5.95%)Levels of Achievement: [removed].[removed]Proficient 80 – 89% B 1)68 (5.6%) – 1)87 (6.23%) [removed][removed]Satisfactorily discussed how your company’s activities will affect the environment and did not submit or incompletely identified the steps you will take to mitigate any negative impacts.Feedback:General discussion was noted on the company¿s activities and how they will affect the environment. The steps were not as specific as could have been.BUS599-A3-9 2c. Determine any health issues / claims related to the product you are making, whether negative or positive. Suggest the strategy your company will use to mitigate any negative issues, and to ensure any positive claims are true. 1)78 (5.95%)Levels of Achievement: [removed]Proficient 80 – 89% B 1)68 (5.6%) – 1)87 (6.23%) [removed][removed]Satisfactorily determined any health issues / claims related to the product you are making, whether negative or positive. Satisfactorily suggested the strategy your company will use to mitigate any negative issues, and to ensure any positive claims are true.Feedback:You were too general in your discussion determining the health issues and claims related to the product you are making. The points you made were too broad as far as the strategy your company will use to mitigate any negative issues, and to ensure any positive claims are true.BUS599-A3-10 2d. Suggest your company’s plan, through advertising, distribution, and / or other methods, to target and reach only appropriate market segments 1)78 (5.95%)Levels of Achievement: [removed]Proficient 80 – 89% B 1)68 (5.6%) – 1)87 (6.23%) [removed][removed]Satisfactorily suggested your company’s plan, through advertising, distribution, and / or other methods, to target and reach only appropriate market segments.[removed]Feedback:You were too generation in your discussion of your company¿s plan as far as the advertising, distribution, and methods that would be used to target and reach only appropriate market segments.BUS599-A3-11 3) Clarity, writing mechanics, and formatting requirements4.28 (14.25%)Levels of Achievement: [removed]Exemplary 90 – 100% A 4.05 (13)5%) – 4.5 (15%) [removed][removed]0-2 errors presentFeedback:There were limited errors presentBUS599-A3-12 4. For year one, revise and submit the Income Statement, Cash Flow Projections, and Balance Sheet sections from the Business Plan Financials MS Excel template (see: Course Required Files in Week 1).3)6 (12%)Levels of Achievement: [removed]Proficient 80 – 89% B 3)6 (12%) – 4 (13)35%) [removed][removed]Satisfactorily, for year one, revised and submitted the Income Statement, Cash Flow Projections, and Balance Sheet sections from the Business Plan Financials MS Excel template (see: Course Required Files in Week 1).Feedback:You did provide a basic breakdown for the Income Statement, Cash Flow Projections, and Balance Sheet sections from the Business Plan Financials.