1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dlinn [17]
3 years ago
7

You are the owner of a local organic food market in an urban area at the crossroads of four farming communities that supply fres

h, organic foods. As the owner of the market, you are interested in growing the business. Customers in the area have been asking local vendors for more organic and locally sourced fresh food options. You decide to create a catering service for clients within 25 miles of the market to celebrate the market’s 10-year anniversary. You plan to start this catering business in 30 days to address the increasing market need for organic, fresh catering. Catering orders will be prepared and packaged at the organic food market and then driven to the customer’s location. Lunch orders will be delivered within 60 minutes of receiving the order. Special event catering orders will require one week to fulfill the order. The catering company has one van that will be used exclusively for catering services.
You have identified the following goals for this catering business:
• The catering business will need to be able to sell the same quality, organic foods that are sold in-store and supplied daily.
• The catering customers can be no farther than 25 miles from the store so that food can be delivered within an hour.
• The catering business should be profitable within one year.
• The cost of developing the catering business should not negatively impact the in-store retail operations budget, staffing, events, and farmer partnerships.

You plan to launch the catering business by providing a free catered lunch to the first 10 businesses that subscribe to the weekly lunch catering services. The catered lunch for each business will be for up to 30 people and will be held at a local conference center ballroom at noon on a day of the customer’s choosing. The budget for this launch of 10 catered lunches is $7,000. Two weeks before the launch, you are working with catering staff to calculate the costs of the launch to date, review tasks that need to be completed, and assess the overall impact of catering on in-store retail operations. You learn that the costs associated with the launch of the free catered lunches have already exceeded $7,700. Additionally, a local farmer that provides the fresh lettuce for lunch salads notifies you that the lettuce will not be available in time for the catered lunch. No other local farmers have lettuce available for purchase, and the only option is to use nonorganic lettuce in order to keep the menu as communicated to the 10 businesses subscribing to the weekly lunch catering services. A financial company representative wants to inquire about possibly financing your company for this project. The representative sends a request for information to you as listed in the requirements for this task.

Task 1: Project Management

A. Discuss how you would plan the catered lunch project by completing each of the following 5 distinct project management phases:

1. Project Initiation
a. (A1A) Describe the project and the need for the project. Include information from the provided scenario for support.

b. (A1B) Identify three relevant stakeholders and discuss how the project impacts each stakeholder.

c. (A1C) Discuss whether the project is feasible by addressing each of the three triple constraint components: scope, cost, and timeline.

2. Project Planning
a. (A2A) List three milestones for the project plan and provide a timeline for each milestone.

b. (A2B) Write a SMART goal for the project.

c. (A2C) Identify two different potential risks to this project’s success and describe how each risk could be managed.

3. Project Execution
a. (A3A) Discuss a way to address being over budget by 10 percent. Include information from the provided scenario for support.

b. (A3B) Discuss a way to address a scheduling conflict that could affect the timeline of the project. Include information from the provided scenario for support.

4. Project Monitoring and Control
a. (A4A). Discuss how scheduling conflicts and budget constraints could affect the scope of the project. Include information from the provided scenario for support.

5. Project Closure
a. (A5A) Discuss two ways to change how the project was planned, considering the timeline and budget conflicts that were encountered.
Business
1 answer:
shtirl [24]3 years ago
8 0
It’s too long explained
You might be interested in
The ultimate goal of JIT is to have:__________.
sineoko [7]

Answer:

The correct answer is (A)

Explanation:

JIT stands for just in time; it is a process which is used to handle and coordinate the inventory management.  The main goal is to handle the inventory efficiently to improve the flow of the system in a timely manner and to eliminate discrepancies in the inventory management system. Overall, it helps to eliminate the disruption and to make the system flexible and smooth.

8 0
4 years ago
There are these Karens at my house putting their trash in front of MY HOUSE and what can i do?​
Artemon [7]
Call the cops or leave them be Karen’s
6 0
3 years ago
Read 2 more answers
Where do banks get money to lend to borrowers?
Marysya12 [62]

The answer is<u> "depositors".</u>


An individual who is making a deposit with the bank is known as a depositor. The depositor is the moneylender of the cash which will be come back to him/her toward the finish of the store time frame.  

A depositor (you) places cash in a banks vault, at that point the bank putts enthusiasm on it, and can utilize it in the event that it needs to. Up to a specific measure of it remains in the bank on the off chance that you need to come and withdraw.

5 0
4 years ago
Read 2 more answers
All of the following are benefits provided by monsoons in South and Southeast Asia, except __________. A. increased flooding B.
Aleonysh [2.5K]

The Correct answer is Increased Flooding which is Option A.

A flood is the accumulation of water over normally dry land. It’s caused by the overflow of inland waters (like rivers and streams) or tidal waters, or by an unusual accumulation of water from sources such as heavy rains or dam or levee breaches.

<h3><u>Why Increased Flooding is an exception and not a benefit?</u></h3>
  • Floods are the most common (and among the most deadly) natural disasters in India. They have brought destruction to every state and nearly every county, and in many areas they are getting worse. As global warming continues to exacerbate sea level rise and extreme weather.
  • This occurs when a river or stream overflows its natural banks and inundates normally dry land. Most common in late winter and early spring, river flooding can result from heavy rainfall, rapidly melting snow, or ice jams.

Increased Flooding is the only drawback of monsoons among other 3.

Following are the mentioned benefits.:-

B) The provision of needing water - there is enough amount of water.

C) Improved economy - Improvement of a greater economy.

D) Greater food Production - Monsoon helps in greater food production.

To know more about Flooding, check the given links.

brainly.com/question/12686086

#SPJ4

7 0
2 years ago
Ricky is 35 years old. He plans to retire when he is 63. He has opened a retirement account that pays 3.2% interest compounded m
Anna11 [10]

Answer:

Amount received = 217,043.56 (Approx)

Explanation:

Given:

Monthly deposit = $400

Interest rate = 3.2% / 12 = 0.002667 per month

Number of year = 63 year - 35 year = 28 year

Number of period = 28 × 12 month = 336 month

Computation:

Amount \ received = PMT[\frac{(1+r)^n-1}{r} ]\\\\Amount \ received = 400[\frac{(1+0.002667)^{336}-1}{0.002667} ]\\\\Amount \ received =400[\frac{(1.002667)^{336}-1}{0.002667} ]\\\\Amount \ received =400[\frac{2.44713794-1}{0.002667} ]\\\\Amount \ received =400[\frac{1.44713794}{0.002667} ]\\\\Amount \ received =400[542.608901]\\\\Amount \ received =217,043.56\\\\

Amount received = 217,043.56 (Approx)

7 0
3 years ago
Other questions:
  • The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.93; actual, $2.03 Standa
    5·1 answer
  • In an election poll, 200 people were surveyed and 45% expressed their likelihood to vote for a particular candidate. the margin
    11·1 answer
  • Which of the following terms is correct?
    15·1 answer
  • Georgetown Public Media is trying to determine the optimum amount for its advertising budget. Calculating the marginal revenue o
    13·1 answer
  • How could the federal reserve system help guard the u.s. economy against economic instability
    5·1 answer
  • During March 2020, Garner Tool &amp; Die Company worked on four jobs. A review of the direct labour costs reveals the following
    6·1 answer
  • What do you think of the business meeting being held at the opening of the film? How foes it differ from business meetings in am
    6·1 answer
  • Important!! 25 Points!!<br><br> See photo
    11·1 answer
  • Item 2 On July 1 of the current calendar year, Plum Co. paid $8,000 cash for management services to be performed over a two-year
    5·1 answer
  • Identify a recent business trend that could be contributing to the increased number of collusive frauds.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!