Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Scribd Logo
Upload

Welcome to Scribd!

  • 83 views

    BSBCRT611 Brief Outline - MEGA

    Uploaded by

    Kathleen Kaye Castillo
    This document outlines a brief solution for a company facing issues due to factory closures from COVID-19 and shipping problems from political conflicts. The proposed solution includes monitoring finances and resources, reallocating employees, providing training, confirming supplies, and updating financial processes. Potential advantages and risks of the solution are also discussed.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    BSBCRT611 Brief Outline - MEGA

    Uploaded by

    Kathleen Kaye Castillo
    83 views2 pages
    This document outlines a brief solution for a company facing issues due to factory closures from COVID-19 and shipping problems from political conflicts. The proposed solution includes monitoring finances and resources, reallocating employees, providing training, confirming supplies, and updating financial processes. Potential advantages and risks of the solution are also discussed.

    Original Title

    BSBCRT611 Brief Outline_MEGA

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document outlines a brief solution for a company facing issues due to factory closures from COVID-19 and shipping problems from political conflicts. The proposed solution includes monitoring finances and resources, reallocating employees, providing training, confirming supplies, and updating financial processes. Potential advantages and risks of the solution are also discussed.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    83 views2 pages

    BSBCRT611 Brief Outline - MEGA

    Uploaded by

    Kathleen Kaye Castillo
    This document outlines a brief solution for a company facing issues due to factory closures from COVID-19 and shipping problems from political conflicts. The proposed solution includes monitoring finances and resources, reallocating employees, providing training, confirming supplies, and updating financial processes. Potential advantages and risks of the solution are also discussed.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    Brief Outline

    This Brief outline forms part of Section 2 of the Project Portfolio for BSBCRT611 Apply critical thinking
    for complex problem solving.

    Worlducation Solution Brief

    Author: Date: Department:

    Issue being addressed:


    A. Closed tablet factory due to COVID-19
    B. Late tablet shipping due to Hong Kong China conflict.
    C. Decrease in profit.
    D. Shipping problems

    Proposed solution:
    A. Do a monitoring session on financial, production and resource available
    B. Reallocate some of the employer to the some department to fill empty position
    C. Give some training and basic knowledge to the employee to handle the job
    D. Call suppliers to confirm the supplies availability
    E. Updating the financial flows of the company, avoid any unnecessary billings and funds for
    the time being until the pandemic was settle down

    Advantages:
    Good thinking: a person might learn of such ideas during a team-solving exercise that could be
    used for a temporary resolution of the problem. However, as teams solve challenges a team or a
    group of individuals attempt in this particular matter to place their individual opinions in order to be
    able to get an answer and solution. For individuals, it may be somewhat confusing that more
    people should handle a higher risk when it comes to risk. And this is so because a grouper is more
    likely to develop stronger in his professional performance as he or she manages to manage the
    seriousness of the risk. Thus team-solving strategies will very favourably improve the risk factor
    and also generate improved growth due to such team-solving skills.

    1
    BSBCRT611 Apply critical thinking for complex problem solving
    Risks:
    1. Economic risk
    When prices fluctuate, the economy is evolving constantly. Any positive shifts in economy, leading
    to thriving retail conditions, will reduce revenue while negative incidents. It is important to track
    developments and patterns to detect future economic downturns and to prepare for them.
    2. Risk to comply
    Business owners have to deal with an abundance of laws and rules. For example, the way you
    treat some facets of your business will affect recent data retention and processing enforcement.
    3. Risk of safety and fraud
    With more people exchanging personal data online and mobile networks, there are also increased
    hacking opportunities. News of data leaks, identity theft and payment fraud illustrates how
    companies are expanding this form of risk

    Resources:
    A. Physical resources like raw materials, constructions, equipment, shipping, warehouse,
    machinery and factories.
    B. Human resources, such as a talented programmer or communications specialists. In
    companies in the knowledge-intensive and innovative industry, these tools are more
    relevant.
    C. Intellectual resources such as Copyrights and customer-databases, as well as intellectual
    properties such as the brand. Recipes for those struggling with diet should be used. Or a
    specific way of doing stuff may be used (that maybe only you know).
    D. Financial resources Cash, credit, etc. Financial capital

    2
    BSBCRT611 Apply critical thinking for complex problem solving

    You might also like