Discuss how the information should be organized, and who will use the information for decision-making.

Assignment 1: Discussion—The Business Plan

A convincing business plan will detail the strategy and the future operational plans of an entity. Business plans are an essential part of the start-up information needed for an organization.

In this assignment, you will demonstrate your understanding of the necessary aspects of a professional business plan.

Tasks:

Respond to the following:

  • Write a synopsis of your business idea and the important elements/information that should be included in a well thought out business plan.
  • Discuss how the information should be organized, and who will use the information for decision-making.

In a minimum of 300 words, post your responses using critical thinking and analysis.

Submission Details:

  • By Saturday, November 28, 2015, post your responses to this Discussion Area. Support your assumptions by citing the source material used for this discussion in APA format.
  • Through Wednesday, December 2, 2015, read and respond to at least two other classmates’ posts. While responding, share any real-world experiences involving the different terms and explain what these concepts mean to you as far as their role in decision making is concerned. Provide substantive comments by contributing new, relevant information or quotes from course readings, Web sites, or other sources; building on the remarks or questions of others; or sharing practical examples of key concepts from your experiences—professional or personal.

Write your initial response in 300–500 words. Your response should be thorough and address all components of the discussion question in detail, include citations of all sources, where needed, according to the APA Style, and demonstrate accurate spelling, grammar, and punctuation

Do the following when responding to your peers:

  • Read your peers’ answers.
  • Provide substantive comments by
    • contributing new, relevant information from course readings, Web sites, or other sources;
    • building on the remarks or questions of others; or
    • sharing practical examples of key concepts from your professional or personal experiences
  • Respond to feedback on your posting and provide feedback to other students on their ideas.
  • Make sure your writing
    • is clear, concise, and organized;
    • demonstrates ethical scholarship in accurate representation and attribution of sources; and
    • displays accurate spelling, grammar, and punctuation.

Grading Criteria

Assignment Components
Max Points

Initial response was:

  • Insightful, original, accurate, and timely.
  • Substantive and demonstrated advanced understanding of concepts.
  • Compiled/synthesized theories and concepts drawn from a variety of sources to support statements and conclusions.
16

Discussion Response and Participation:

  • Responded to a minimum of two peers in a timely manner.
  • Offered points of view supported by research.
  • Asked challenging questions that promoted discussion.
  • Drew relationships between one or more points in the discussion.
16

Writing:

  • Wrote in a clear, concise, formal, and organized manner.
  • Responses were error free.
  • Information from sources, where applicable, was paraphrased appropriately and accurately cited.
8
Total:
40
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