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Haniye

Business Practice Improvement provides data-driven solutions to streamline business processes and problems. It offers consultancy expertise combined with an understanding of university culture. A business can range from a small operation in one industry to a large multi-industry global operation. There are various steps that can be taken to improve business practices, such as setting goals, marketing, presentations, trend monitoring, and staff motivation. Business diagnosis identifies reasons for unsatisfactory performance by linking causes and effects. It assesses company performance and provides recommendations. An implementation plan should assign responsibilities, conduct risk assessments, create tasks and schedules, and develop indicators to monitor progress.

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Zakariya Mohammed Zako
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38 views

Haniye

Business Practice Improvement provides data-driven solutions to streamline business processes and problems. It offers consultancy expertise combined with an understanding of university culture. A business can range from a small operation in one industry to a large multi-industry global operation. There are various steps that can be taken to improve business practices, such as setting goals, marketing, presentations, trend monitoring, and staff motivation. Business diagnosis identifies reasons for unsatisfactory performance by linking causes and effects. It assesses company performance and provides recommendations. An implementation plan should assign responsibilities, conduct risk assessments, create tasks and schedules, and develop indicators to monitor progress.

Uploaded by

Zakariya Mohammed Zako
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Assignment 1

1. Business Practice Improvement (BPI) provides outcome-


based, data-driven solutions to business processes and
complex problems by conducting research and analyses to
streamline and eliminate redundancies. We offer a unique
combination of consultancy-type business expertise with
the understanding and knowledge of the university
culture.
2. A business is defined as an organization or
enterprising entity engaged in commercial, industrial, or
professional activities. Businesses can be for-profit
entities or non-profit organizations. There are various
forms of a business, such as a limited liability company
(LLC), a sole proprietorship, a corporation, and a
partnership. Businesses can range from small
operations operating in one industry to large operations
operating in many industries around the world.
4. There are 10 steps for improving of business practice.
1. Keep Financial Score.
2. Set Goals.
3. Use High-Impact Marketing.
4. Master Business Presentations.
5. Monitor Trends.
6. Sharpen Your Selling Skills.
7. Find Best Practices.
8. Motivate Staff.
9. Know your Limit
10. Take a break
Assignment 2
1. Business diagnosis is a process of working
backwards to identify reasons for unsatisfactory
performance by making the appropriate links
between causes and effects. Thus, it is a process of
identifying the symptoms or causes to a problem.
As Financial consultants Qatar , our role is to
assess the performance of various SME’s and
determine reasons for underperformance. With
years of experience in all areas of business
management, the consultants at JBA and Partner
can provide professional service and provide
recommendations that will help sustain operations.
Diagnosis can be through various methods such as
document review analysis, data collection methods,
in depth interviews with internal and external
personnel to arrive at satisfactory results. Diagnosis
can be through various methods such as document
review analysis, data collection methods, in depth
interviews with internal and external
personnel to arrive at satisfactory results.
2 . Some of the criteria that a business needs to
compare with its competitors are as follows:
1. Market Share
2. Price
3. Product or Service
4. Market strategies
5. Manpower employed
6. infrastructure
7. Unique Selling Propositions
8. Discount structure to customers
9. salary structure 
10.Incentive structure to sales team
3. You need a promotion plan to develop, implement,
control and evaluate your company's marketing activities
in an organised manner.
Step 1: Identify your prospective customers. ...
Step 2: Decide your promotion budget.
Step 3: Select your promotion components.
Step 4: Understand the use of promotional components
Assignment 3
1. There are 6 steps to develop our implementation
plan.
Step 1: Brainstorm your desired outcomes.
Step 2: Assign implementation responsibility to an
owner.
Step 3: Conduct a risk assessment.
Step 4: Establish a budget.
Step 5: Create and delegate
your implementation plan tasks.
Step 6: Develop your implementation
plan schedule.
2. According to entrepreneur.com, volume and
frequency of sales are indicators of company
success in several ways. You can measure the
amount of sales sold to new customers, the amount
of sales to existing customers, the amount of profit
per sale and the average amount transacted during
each sale.
Small business owners should measure their
company's success.
Measuring Business Performance
Look At Your Business's Financial Statements.
Check Customer Satisfaction.
Average How Many New Customers You Get.
Conduct Performance Reviews.
Stay Current On The Market.
3. There are 6 step to monitor implementation plan
Step 1: Identify Program Goals and Objectives.
Step 2: Define Indicators.
Step 3: Define Data Collection Methods and Timeline.
Step 4: Identify M&E Roles and Responsibilities.
Step 5: Create an Analysis Plan and Reporting
Templates.
Step 6: Plan for Dissemination and Donor Reporting

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