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Posted: March 16th, 2022

Business implementation plan and audiovisual presentation

Business implementation plan and audiovisual presentation

Abdussamet akca
02/06/2022

Business implementation plan and audiovisual presentation
While creating the business implementation plan in the defense industry, it is assumed that the technology changes will remain relatively stable during the implementation period. Shifts in the technology during the plan’s implementation interfere with the actual realization of the project plan. Robots’ technology is supposed to remain relatively constant during the implementation stage. The use of robots in the defense industry helps minimize the costs during the production process. Automation of the production process through robots reduces the cost of employing people to work the firm. The salaries expenses of the employees who work in the production are reduced hence the general cost of production reduced. It is assumed that technology will remain constant in the entire process.
Materials are key components in the realization of the company’s planned project. Material components are very important in realizing goals and objectives interfering with the availability of the resources and materials affects plan implementation adversely. During the creation of the business implementation plan, it is assumed that the supplier of the key component and other parts can deliver high-quality material meeting the standard requirement of the firm and on a timely basis. The company identifies different suppliers of key components. They can be easily brought into the company to ensure a steady and reliable supply of materials. When the company has many suppliers, it becomes easy to switch h from one supplier to another to ensure efficiency and effectiveness.
It is assumed that production will be continuous for the entire period. The use of robots in the production process continues without stopping. Ensuring continuous production is key to ensuring that a defense industry firm can meet its targets. Robots and other sophisticated technology are employed to ensure that production process, and there are minimal instances of production failure.
Availability of resources such as financial and human resources is key to the project’s success. Financial resources are important in obtaining the material and obtaining the right technology, which is helpful in the running of the firms’ activities. The defense company outsources some technologies from other companies at a price to carry out various activities. They combine the material to perform various roles and functions. Therefore, financial resources are key in ensuring that resources are well mobilized in the company to offer efficiency. Human resources who are highly skilled are essential for the project’s success. Automating different roles by use of technology requires a technology expert. The sourcing of skilled labor is key in ensuring the company’s success as they contribute to both strategic and tactical roles, which leads to the success of the project.
Communication is a very key business environment. For the two parties to exchange goods and any services, it is necessary to ensure that the two parties have agreed with each other. A language is a key tool in the communication process that allows people to share information. The language barrier makes it difficult for the business transactions to be carried out as parties do not understand each other.
International conflicts have a significant impact on business activities between countries. When countries conflict, business activities are usually interfered with (Master and Style). Products cannot move from one country to another because of the country’s security issues. Different countries also impose tariffs and heavily taxes products from the other countries. This affects business as products from other countries appear more expensive. In ensuring that one country’s defense industry becomes stronger than the other, Countries with superior technology heavily restrict the transfer of know-how from their countries to other countries. Countries create legislation and identify which kind of company can operate in a certain region.
Economic factors such as interest rates, inflation rates, and taxes income levels significantly affect the business. An increase in the interest rates of the products affects the business environment adversely as it makes goods prices in the market increase. Business finds it difficult to survive in countries with very high taxation rates. Higher tax rates reduce the business’s net incomes, hence forcing them out. Businesses mainly thrive in countries that have favorable tax rates. Defense industries are set up where government regulation managing the business is favorable and supports the business.
Income level and inflation rates have a very significant effect on the performance of the business. High inflation results in a fast increase in the prices of commodities of goods. When there are high inflation rates in the market, many people cannot afford goods as it keeps on rising. Current cash, owned by the company, cannot purchase goods because of the abnormal rise in prices. The reduction in the incomes of the people also harms the ability of people to make a purchase. When prices of goods reduce, the money available for expenditure reduces, which makes carrying out business hard. Countries with little income cannot afford to have an advanced defense industry.
Before the commencement of the project, we will get proper documentation from the authorities. Obtaining proper documentation from the government institutions and other government regulatory organs ensures that businesses carried out are legal. The business operates ethically, and it is important to ensure that the company’s employees are fully aware of ethical practices. This helps them remain ethical in all their practices in the operation of the business. Establishing the ethical standards within the project helps ensure that project members help the organization become ethical. According to Sherkow et al. (2021), Obtaining legal documents such as patents licenses is key to ensuring that the business gains legality. The company gets the right to venture into any kind of business when it obtains the business permit to operate such kind of business.
Stakeholders such as shareholders and customers play a key role in the business. They must be incorporated into the planning of the business. Organizations incorporate other stakeholders into the business strategically by using the feedback received from these stakeholders. During strategic planning, an organization collects feedback compiled in the form of a report. The report containing diverse opinions is implemented, which favors people from different Areas.
During the implementation of the project, it will aim to benefit the members of the community. The revenue generated from the project will be used to build social infrastructures such as health centers and hospitals which can benefit the close community. Most of the resources used in these projects are planned to be sourced from the local areas. Sourcing materials and components used locally helps promote the market for locally available resources.
The implementation of the project will create job opportunities for many members of society. The complete execution of the concept will require many people to be involved who can provide services such as financial advisory, accounting, technologists, and others. These people will be employed either permanently or temporarily during the project. The employed people will earn salaries used to improve their living standards.
During the implementation of the project, a lot of emphases will also be given to issues of environmental pollution. The environment is a key aspect that affects living organisms. In implementing the project, environmental conservation measures will be given major emphasis to protect the destruction of the environment from pollution. According to Simpson, Robertson, and White (2020), our business will become the co-creators of a better environment for all people through corporate social responsibility.
As this project will focus on developing technological tools used in the defense industry, it will also focus on the real issues that affect human beings’ lives, such as the environment. All the strategies for improving the environment will be developed following the law. This is mainly because the fact project will require legal in all aspects. The robots and other automated equipment developed will be standard, meeting all the quality requirements.

References
Hochscheid, É., & Halin, G. (2019). Micro BIM adoption in design firms: Guidelines for doing a BIM implementation plan. In Creative Construction Conference 2019 (pp. 864-871). Budapest University of Technology and Economics.
Masters, W. L., & Style, A. P. A. analysis of cross-cultural economic and geopolitical factors paper.
Sethi, D. (2007). THE IMPACT OF GEOPOLITICAL FACTORS ON INTERNATIONAL BUSINESS. Journal of International Business Strategy, 7(2).
Sherkow, J. S., Barker, K., Braverman, I., Cook-Deegan, B., Durbin, R., Easter, C., … & Greely, H. T. (2021). Ethical, legal, and social issues in the Earth BioGenome Project. Ann and da Silva, Manuela and Torrance, Andrew W. and Greely, Henry (Hank) T., Ethical, Legal, and Social Issues in the Earth BioGenome Project (March 25, 2021).
Simpson, B., Robertson, J. L., & White, K. (2020). How co-creation increases employee corporate social responsibility and organizational engagement: The moderating role of self-construal. Journal of Business Ethics, 166(2), 331-350.

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