Implementing an operational plan

All are strategies in implementing an operational plan except?

• Set clear goals

• Delegate the work

• Take corrective action

• Use your imagination

Is a risk management plan necessary in operational plan?

• Yes

• No

What best describes an operational plan?

• The process of planning strategic goals and objectives to technical goals and objectives

• Coming up with ideas to help your business Make money

• A document that is written to shareholders

• A legal document that entails the company goals and financial statements

Operational inefficiencies can occur even before a business has started

• True

• False

Operational inefficiencies can be avoided by?

• Using your common sense

• Spending time and resources on planning your business/project

• Consulting an operational advisor before starting your business

• Critical thinking

*How's the quiz so far?

• Too easy

• A little challenging

• Hard

An implementation plan includes all of the following except?

• Critical steps necessary to put your solutions into practice

• Step-by-step list of tasks with assigned owners and due dates

• A budget

• An assumption of how the long the business will be in effect

Which option has the four steps in organizational planning?

• Strategic, tactical, operational, contingency

• Plan, execute, launch, income

• Develop, advertise, quit, start again

• Think, execute, register, rely

As a new business owner what is one the most important documents to have?

• A business plan

• A lunch plan

• A timetable

• Work schedule for your workers

Which option best describes an implementation plan?

• A plan used to implement and generate ideas

• A plan that is designed to document in detail the critical steps necessary to put your solutions into practice.