Identify components of operational plans.
Identification should include
- location
- supply and inventory management
- production and distribution
organizational structure
- strengths, weaknesses, opportunities, threats (SWOT) analysis of operational plans.
Process/Skill Questions:
- Why is it important to conduct a SWOT analysis of an agribusinesses operational plan?
- Why is location an important component of an agribusinesses operational plan?
- How does an agribusinesses organizational structure influence its operational plan?