Business plane of bubble tea in Beijing China Assignment

Business plane of bubble tea in Beijing China - Assignment Example China Street D@bubble.co.st B Personnel manager in charge of all human resource functions 6 th Av. China Street G@bubble.co.st C Marketing promotion and further development of the bubble tea concept 6 th Av. China Street Y@bubble.co.st D Purchasing and supplies Procurement and supplier relations issues. 6 th Av. China Street S@bubble.co.st E System analyst development of an integrative and interactive system for use in the organization and also for the customer service department 6 th Av. China Street L@bubble.co.st The board of directors will be the top most decision making organ for the proposed organization. As stated earlier, it will be constituted by the various managers with the C.E.O chairing the meetings of the board. The C.E.O will be the main coordinator of all the different functional sections of the store. As a result, he or she will work closely with the rest of the four managers to ensure that the objectives and aims of the organization are attained. The C.E.O will also be in charge of the store’s financial well being and performance issues and therefore will take such issues during board meetings. The managers will be answerable to the C.E.O on matters dealing with performance of their respective departments. The personnel manager will be in charge of all human resource functions like recruitment, salary and performance appraisal. On the other hand, the marketing manager will be responsible for promotion and further development of the bubble tea concept. He or she will also be in charge of customer service. The purchasing and supplies manager will be in charge of sourcing for quality raw materials that will be needed for product development. He or she will also be responsible for all other procurement and supplier relations issues. The company will rely on new technology for efficient operations in the areas of management, information flow and customer service. In recognition of this, the system analyst will be responsible for the developm ent of an integrative and interactive system for use in the organization and also for the customer service department. The system analyst will also be a technical person that will advice the board on the best ways of ensuring the organization’s online presence. Ownership The enterprise has a simple ownership structure. It is under the ownership of five shareholders who have an equal stake (20%) and responsibilities in the company. The company will first be registered as a private company under the names of the said five individuals: A, B, C and D. co-operation and coordination among the joint owners will be required at all times so that the success objectives are met. Risk Register for the Business RISK MITIGATION AND CONTIGENCY PLANS Accidents Emergency exits and equipment Adequate training of staff on disaster management Food allergies Training on first aid Customer information profiling Natural disaster Disaster management training Products out of stock Adequate inventory management Quality management through lean production Currency and credit risks Consultations with local economic experts The risks identified have been categorized into avoidable and unavoidable risks. To begin, the unavoidable risks include the risks associated with venturing into a foreign