Running head: IMPLEMENTATION OF ACTION PLAN Implementation of Action Plan Week Three Elizabeth E. Laird Grand Canyon University RDG 580: Practicum in Reading July 28‚ 2010 Abstract In this paper the author of this paper will reflect upon the third week of the implementation of an Action Plan created for a struggling student. Additionally this paper contains a Creative/Critical Thinking Reflection Form‚ and a Practicum Activity Log Summary.
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RESOURCE ALLOCATION Resource allocation refers to the distribution of resources‚ and in particular finance‚ from the centre to peripheral levels. It generally concerns broad levels of aggregated financial resources. Budgeting implies the more detailed determination of precisely how these funds are to be used. Given the importance we have placed on planning as a process that leads to action‚ budgeting and resource allocation are major planning instruments. Basis for Resource Allocation * Public
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The objective of efficient resource allocation refers to an economy ’s ability to meet its obligations in ensuring that all social and economic objectives are met without waste‚ for example to allocate resources so that they are distributed efficiently to improve the standard or living. This is the only way that we can ensure that we will be able to maximize the number of goods and services that we are able to provide. In addition‚ we will also be more likely to guarantee the long term availability
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FUNCTIONAL IMPLEMENTATION Functional plans and policies are the sole responsibilities of the managers and they are responsible for the implementation of plan and policies to be adopted by the organization. And strategist needs to direct them properly to achieve the set goal. Functional strategies are the same as functional plans and policies‚ which are the actual plans to implement organizations strategies. Therefore functional plans and policies are operational plan and tactics to make a strategy
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Mario Martinez Jr. Implementation Plan Objectives and Justification: (Mary) The objectives are crystal clear and specifically spelled out by using building blocks. The objectives should be reachable by: • The addition of Web 2.0 functionality. • Including CSS‚ XML‚ XSL‚ XSD and so forth where appropriate. • Justifying the interfaces to each social networking. • Last but certainly not least‚ preparing a PowerPoint presentation of the plan for the executive board
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Allocate Resources and Develop Budgets The resource allocation and budgeting process is one of the most powerful stages of planning. Resource allocation refers to the distribution of resources‚ and in particular finance‚ from the center to peripheral (outer) levels. Budgeting implies the more detailed determination of precisely how these funds are to be used. - Managers allocate resources to carry out the plan such as o Money o People o Materials o Equipment and o Time - Sales budget is
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2 Economic Systems for Resource Allocation Decisions about resource allocation are necessary because we live in a world of scarcity. A review of the ideas listed at Key Points 1.1 and 1.2 should remind you of how central this basic premise is to the study of any branch of economics. To take a surreal example‚ when you open your front door in the early morning there are not millions of bottles of milk covering the neighbour’s lawn; nor is there no milk. There is just enough bottled milk to meet
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Starbucks primary objective is to establish the company as the most recognized and respected brand in the world (Starbucks Website). Starbucks is a gourmet coffee shop so they must increase their name brand so as to justify their gourmet status. In order to maintain its success Starbucks must implement an effective implementation plan. A company may have a great product‚ but if it fails to identify a specific market‚ or to use a proper marketing plan‚ it will not be able to successfully reach the
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Economics is the allocation of scarce resources among competing ends. To some extent‚ virtually everything is scarce - money‚ food‚ water‚ dates for the prom... but some resources are scarcer than others‚ and deserve special attention from those with the tools to allocate them properly. Basically scarce resources can be defined as the limit a society has on a particular resource that is less obtainable than others which are readily attainable. Some examples of some scarce resources that are found
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question in 2 segments so that the conclusion will dwell on harmonising the 2 parts so my response which answers it will crystallize out from that fusion. Identifying project milestone. Task dependency How milestone identification affects assessment of task dependency Identifying milestones In identifying milestones‚ one has to visit the issue of scheduling which mainly will appear in the scoping/planning process of a PMLC. According to Kemp‚ “Scheduling‚ or planning project over time‚ is
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