Week 5 Liveplan Instructions MGT401 Version 21

Week 5 Liveplan Instructionsmgt401 Version 21mgt401 Week 5 Liveplan

Week 5 Liveplan Instructionsmgt401 Version 21mgt401 Week 5 Liveplan

Week 5 LivePlan Instructions MGT/401 Version MGT/401 Week 5 LivePlan Instructions 1. Click on the “Add more…” link in the “Products and Services” section. 2. Select the “Add Custom Section” button in the bottom-left corner and then type “Future Products and Services” in the pop-up window. Select the green “OK” button. It should now be visible in the “Currently included in this chapter” section. Repeat this process to add “Social Responsibility” to the “Currently included in this chapter” section. 3. Select “I’m Done” and return to your plan outline.

Paper For Above instruction

The process of creating a comprehensive business plan involves detailed planning and strategic structuring, particularly when customizing key sections to highlight future growth areas and social responsibility initiatives. In Week 5 of the LivePlan assignment for MGT/401, students are instructed to actively modify their business plan by adding specific sections: “Future Products and Services” and “Social Responsibility”. These sections are crucial for illustrating the company's forward-looking vision and its commitment to ethical practices, respectively.

Following the instructions, students should begin by accessing their existing plan within the LivePlan software. The first step is to locate the “Products and Services” section, where they will find an “Add more…” link. Clicking this link allows users to expand their plan by incorporating additional sections tailored to their business model. The next step involves selecting the “Add Custom Section” button, typically found at the bottom-left corner of the interface. Upon clicking, a pop-up window prompts the user to name the new section. At this point, students should type “Future Products and Services” as the title. This addition emphasizes the company’s plans for upcoming offerings, innovation, and expansion strategies.

Once the new section is created and visible in the “Currently included in this chapter” area, students are to repeat the process to add a second custom section titled “Social Responsibility.” This section is essential for conveying the company's commitment to ethical practices, community engagement, environmental sustainability, and corporate social responsibility initiatives. Including such a section demonstrates an understanding of the importance of social impacts and ethical considerations in modern business planning.

Finally, after successfully adding both custom sections, students should select the “I’m Done” button. This completes the customization process and returns them to the broader plan outline. Properly integrating these sections showcases strategic foresight and reflects a well-rounded business plan that accounts for future growth and social accountability. Overall, the activity emphasizes the importance of customizable planning tools within LivePlan to tailor business narratives that resonate with investors, partners, and other stakeholders.

References

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  • Perrin, D. (2013). The Business Plan Workbook: How to Write It and Use It to Raise Funds, Start and Manage Your Business. Pearson.
  • Propac, K. (2018). Strategic Business Planning: An Essential Guide. Routledge.
  • Raimond, A., & De la O, M. (2019). Sustainable Business Strategies. Emerald Publishing.
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  • Zhang, M., & Li, Y. (2020). Ethical Business Practices and Social Responsibility in Modern Enterprises. Journal of Business Ethics, 162(2), 197-209.

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