ABS107 Business Presentation Plan Assignment Sample

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• Subject Code : ABS107
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• Subject Name : Business Plan

Table of Contents

Introduction

Managerial communication theory

Conclusion

Presentation

Introduction

Managerial communication theory

Feedback and Motivation:

Risk measures

Conclusion

References

Introduction

A management plan essential for describing the path and steps to be followed in order to smoothly run a business or an organization. Writing down a plan of management allows the managerial team in formalizing the structure and operations of the management and hence it helps in formalizing the processes and the policies, which are significant to the business as well as the influence and responsibility of each individual of the organization. Without a proper plan, the operations may tend to be inconsistent and the responsibilities may be unclear for certain conditions and events.

The primary objective of communication is to exchange opinions, ideas, thoughts, believes as well as information among different individuals. While, in the field of business, communication plays a very significant role in helping the managers to play all of their managerial roles very smoothly and effectively. This also helps in evaluating the goals and aims of the business by the creation of a detailed plan, which is also realistic. However, the main aim of this study is to make a proper business plan to gain competitive advantages in the market. In order to complete the business plan, the study also includes various requirements such as technological, venue, setting, target audience, and so on. Therefore, it can be said that the execution of this business plan helps to make better growth of the small-sized firm.

Managerial Communication Theory

Managerial Communication is essentially a process, which enables managers to share information with other individuals or groups within the organization. Managerial communication has a remarkable impact on the morale of the employees and the culture in the corporate. For the wellbeing of the business, the smooth flow of information across the various levels of the business is very essential (Bernhardt 2017). Downward Communication within a business is the flow of information starting from the upper managerial ranks and down through the various levels of the company where keeping all the employees aware of the strategies and the directions to be followed boosts the morale. Whereas, Upward Communication works just in the contrary fashion as to how Downward Communication works. The flow of communication initiates from the lower levels, comprising of the employees, and then it travels up to the management. It holds a role as significant as the Downward Communication as it keeps the managers of the business updated and aware of the events and happenings that are taking place in the front lines. Managerial Communication is primarily divided into two types:

Interpersonal Communication:

This type of communication occurs between two or more individuals within a place of work. It usually involves verbal and less formal terms. The presence of informal and interpersonal communication is found all throughout the organization and this can play a significant role in providing the manager of the company with vital information related to the overall morale of the employees and staff of the business (Brooks 2018).

Organizational Communication:

This type of communication is the one, which takes place between the various levels of the business. This form of communication is generally more formal and is more likely to be executed in a written formal way than being executed in a verbal fashion. The most significant and widely used examples of Organizational communication are emails, posters, memos, and so on (de Fraiture and Clayton 2019). The ways, which portray the effective consideration of managerial communication, are as follows:

Sharing of Information:

The most essential purpose of communication is to be able to pass the information to both individuals as well as groups. Various kinds of information are tend to be shared in a company, which may include rules and regulations, deadlines of works, organizational changes, and so on (Forkner et al. 2018).

Feedback and Motivation

It is necessary to provide feedback to the employees based on their achievements while the departments also should be made aware of their performance. It is also essential for upper management to be made aware of the goals achieved. With the help of feedback, the difficulties, which are encountered during the execution of several processes, can be identified and hence, rectified (Geraldo and Gama 2019). Thus, this also helps in motivating the employee to have a more positive outlook towards the goals and work harder.

Influence:

Information can be out to use in order to outline the behavioral tendencies of the employees and hence create a good work environment, which shall develop the right attitudes for work as well as relationships of teamwork (Hofer 2016).

Problem Solving:

Managerial communication plays a key role in looking for and finding solutions for problems and difficulties encountered within the workplace. Establishing positive communication between the

manager and the employees can help bridge any gap that exists between the different ranks and reach a solution much faster (Jazayeri and Park 2019).

Providing Assistance in Decision Making:

The most significant role of a manager is to make decisions and implement them. In addition, to make the right decisions, it is necessary for the manager to have all the information necessary. Effective communication helps the managers to gather all the information they need from their staff whose accountability is earned through communication.

Practicalities of Delivery of Presentations

Delivery is the action, which is commonly stressed over with respect to giving presentations. This part is proposed to help to give the best transport and discard a segment of the uneasiness might be feeling.

Risk Measures

During a talk, it ought to present yourself expertly. This does not generally mean it should wear a suit or "tidy up,” yet it implies making yourself palatable by being all around prepared and wearing great, fitting articles of clothing (Johnson and Garvin 2017). It furthermore suggests being set up to use language viably and appropriately for the group and the subject, to take a gander at your group, and to seem like to realize your topic very well.

However, it has less custom than examining. Talking mulls over versatility, significant deferrals, eye to eye association, little changes in word solicitation, and vocal complement. Scrutinizing is an essentially cautious replication of words on paper without the use of any nonverbal comprehension. Talking, as it will recognize whether it considers marvelous speakers have seen and heard, gives an undeniably vivified message.

Technological Requirements

Impromptu talking is the presentation of a short message without an earlier game plan. Self-introductions in bundle settings are occurrences of the spur of the moment speaking: "Hey, this is John. I have been utilized as a creator" Another instance of the spur of the moment presenting happens when someone answers a request, for instance, "What is your situation on the report?" Your response has not been preplanned and building up the conflicts and centers to talk. The advantage of this kind of talk is that it is unconstrained and responsive in a breathed life into a social event setting (Nguyen 2017). The obstacle is that the speaker is allowed essentially no possibility to think about the central subject of their message. Along these lines, the message may be disarranged and hard for crowd individuals to follow.

Venue and Setting

Manuscript introductions are in exactly the same words emphasis on a made message. In a special copy introduction, the speaker keeps up their idea on the printed page with the exception of while utilizing visual helpers. The upside of examining from a structure is the specific overabundance of exceptional words (Qureshi et al. 2016). In explicit conditions, this can be essential. For instance, examining a revelation about your connection's legitimate duties to clients may necessitate that the fundamental words be wary. A piece introduction might be fitting at a relentlessly formal undertaking when your introduction must be said precisely as created so as to pass on the correct tendency or habits the condition merits. Regardless, there are costs related to one of the kind copy introductions. The delivery of every presentation is reliant on the venue and settings of the concerning presentation. These are the few facts that must be kept in mind:

Audience:

1. Try to own the audience. Any topic can be made interesting if you have a way with words. Start on an interesting note. Drop a hint of the pinnacle of your presentation so it can capture the attention of your audience (Qureshi et al. 2016).

2. Time is another crucial factor. If someone keeps talking about one particular topic, however, interesting make it sound, your audience will tend to lose their attention as well as their patience. In order to make its utmost priority to provide each of your topics with an equal timeframe (Wells et al. 2019).

3. A presentation is similar to performing on stage. It is normal for someone to feel nervous. Even if it entails many risks, just remember to take all of your prerequisites along with you.

Conclusion

The essential target of correspondence is to trade sentiments, thoughts, considerations, accepts just as data among various people. While, in the field of business, correspondence assumes a critical job in helping the supervisors to play the entirety of their administrative jobs easily and viably. This additionally helps in assessing the objectives and points of the business by the formation of a nitty-gritty arrangement, which is likewise reasonable. An administration plan is basic for depicting the way and steps to be followed to maintain easily a business or an association. Recording an arrangement of the board permits the administrative group in formalizing the structure and tasks of the administration and thus it helps in formalizing the procedures and the approaches, which are huge to the business just as the impact and obligation of every person of the association. Without an appropriate arrangement, the tasks may, be conflicting and the obligations might be indistinct for specific conditions and occasions.

Presentation

Introduction

1. The main aim of this study is to make a proper business plan to gain competitive advantages in the market

2. Management plan essential for describing the path

3. Writing down a plan of management allows the managerial team in formalizing the structure and operations of the management

This allows also to formalize the procedures and practices that are relevant both to the business and to the influence and obligation of any person in the organization. Operations can be inconsistent without an appropriate plan, and responsibilities for certain conditions and events may be unclear. The primary aim of communication is to share thoughts, concepts, values, and knowledge between people. Communication plays a significant part in the corporate sector in allowing executives to fulfill their managerial duties effectively and efficiently.

Managerial Communication Theory

1. essentially a process, which enables managers to share information with other individuals or groups within the organization

2. Managerial communication has a remarkable impact on the morale of the employees and the culture in the corporate

Downward contact in an organization is a trickle of input from top executives and across the various layers of the business, where it improves productivity by maintaining all staff aware of policy and course. In contrast, upward communication works the opposite way as the downward communication works. The information flow begins from the lower stages, comprising of the workers, and continues to the administrators. This serves a significant function as the Downside

Contact, holding the management of the business up to date and aware of activities and changes in the front lines

1. Interpersonal Communication:

2. Organizational Communication

3. Sharing of information

This method of contact takes place inside a workplace between two or more individuals. Typically verbal and less structured words are used. The involvement of casual and direct contact in the enterprise will play a significant role in reminding the company's management of the basic values of workers and employers

Feedback and Motivation:

1. It is necessary to provide feedback to the employees based on their achievements while the departments also should be made aware of their performance

2. It is also essential for upper management to be made aware of the goals achieved.

A manager's most important function is to take and execute decisions. In fact, the boss will provide all the knowledge required to make the correct decisions. Effective correspondence allows managers to receive from their workers all the knowledge they need, whose roles can be collected by contact.

1. Influence:

2. Problem Solving:

3. Providing Assistance in Decision Making:

4. Practicalities of delivery of presentations

Information can be used to characterize employees ' actions and thereby build a healthy working atmosphere that establishes positive work-life habits as well as collaboration relationships.

Delivery is the practice where it often stressed in terms of production. Its portion is suggested to allow to deliver your best and to eliminate a segment of the pain will experience.

Risk Measures

1. This does not generally mean it should wear a suit or "tidy up,” yet it implies making yourself palatable by being all around prepared and wearing great, fitting articles of clothing

2. It furthermore suggests being set up to use language viably and appropriately for the group and the subject, to take a gander at your group, and to seem like to realize your topic very well.

While talking has more show than talking, it has less custom than examining. Talking mulls over versatility, significant deferrals, eye to eye association, little changes in word solicitation, and vocal complement. Scrutinizing is an essentially cautious replication of words on paper without the use of any nonverbal comprehension. Talking, as it will recognize whether it considers marvelous speakers have seen and heard, gives an undeniably vivified message.

1. Technological requirements

2. Venue and setting

3. Audience

A piece introduction might be fitting at a relentlessly formal undertaking when your introduction must be said precisely as created so as to pass on the correct tendency or habits the condition merits. Regardless, there are costs related to one of the kind copy introductions. The delivery of every presentation is reliant on the venue and settings of the concerning presentation. These are the few facts that must be kept in mind

Conclusion

1. The essential target of correspondence is to trade sentiments, thoughts, considerations, accepts just as data among various people

2. An administration plan is basic for depicting the way and steps to be followed to maintain easily a business or an association.

While, in the field of business, correspondence assumes a critical job in helping the supervisors to play the entirety of their administrative jobs easily and viably. This additionally helps in assessing the objectives and points of the business by the formation of a nitty-gritty arrangement, which is likewise reasonable. Recording an arrangement of the board permits the administrative group in formalizing the structure and tasks of the administration and thus it helps in formalizing the procedures and the approaches, which are huge to the business just as the impact and obligation of every person of the association. Without an appropriate arrangement, the tasks may, be conflicting and the obligations might be indistinct for specific conditions and occasions.

References

Bernhardt, S.M., 2017. Strategy Analysis and Business Plan for Red Barn Farm (Doctoral dissertation, The College of St. Scholastica).

Brooks, C., 2018. Brooks Nutrition Playbook: A Corporate and Employee Wellness Private Practice Business Plan.

de Fraiture, C., and Clayton, T., 2019. Irrigation service providers–a business plan: increasing access to water for smallholders in sub-Saharan Africa. Gates Open Res, 3.

Forkner, E., Jenkins, M., McCartney, T., and Padgett, S., 2018. MU Grocery Delivery Business Plan.

Geraldo, J.V. and Gama, P.M., 2019. WHAT DO INVESTORS LOOK FOR IN A STARTUP BUSINESS PLAN?. Revista de Empreendedorismo e Gestao de Pequenas Empresas, 8(3), pp.231-256.

Hofer, C., 2016. The Evolution of Business Plans in International Business Plan Competitions. Models of Start-up Thinking and Action: Theoretical, Empirical, and Pedagogical Approaches, pp.145-211.

Jazayeri, A. and Park, K.T., 2019. How to Write an Effective Business Plan in Medicine. Gastroenterology, 156(5), pp.1243-1247.

Johnson, J.E., and Garvin, W.S., 2017. Advanced practice nurses: Developing a business plan for an independent ambulatory clinical practice. Nursing Economics, 35(3), p.126.

Li, R., Qian, Z.C., Chen, Y.V., and Zhang, L., 2019. Design Thinking Driven Interdisciplinary Entrepreneurship. A Case Study of College Students Business Plan Competition. The Design Journal, 22(sup1), pp.99-110.

Nguyen, L.L., 2017. Pacific Psychiatric Group: A Business Plan For a Direct Pay Outpatient Psychiatric Practice. California State University, Long Beach.

Qureshi, M.S., Saeed, S., and Wasti, S.W.M., 2016. The impact of various entrepreneurial interventions during the business plan competition on the entrepreneur identity aspirations of participants. Journal of global entrepreneurship research, 6(1), p.9.

Share, D.G.M., 2020. Sales and Business Plan Preparation.

Wells, W.A., Harhen, M.T., Thrall, M.J., Shevchuk, M.M., Tearney, G.J., and Hariri, L.P., 2019. In Vivo and Ex Vivo Microscopy: A Business Plan to Justify the Introduction of Similar Emerging Technologies Into Pathology Practice. Archives of pathology & laboratory medicine, 143(3), pp.299-304.

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