Wednesday, June 12, 2019

Critical Risks Assessment and Milestones Schedule Essay

Critical Risks Assessment and Milestones Schedule - Essay Ex enormous1). In this regard, the critical risk assessment and milestones account for Dr. McDougalls would encompass the following (1) a SWOT analysis (2) an identification of the contingency plans and (3) a description of the preferred timing and objectives of your business plan.The strengths of the organization were identify in products they offer using all vivid ingredients, are easy to prepare, and are consistent with the needs and requirements of health conscious people who are always on the go. The use of product ingredients and packaging that comply with standards imposed by environmental advocates increase the competitive advantage of the company over other producers in the industry.The weaknesses were identified in the need to offer diverse and new product variances that would cater to a wider market base. Further, the costs of all natural ingredients are relatively higher and more suppliers need to be solicited to ensure a steady supply at the least possible cost.There are vast opportunities veneer Dr. McDougalls ranging from producing other product variants to cater to diverse ethnic and cultural groups. Further, with the governments thrust of focusing on organic products and the use of healthier ingredients, there is an expected increase in demand, both in the local and international markets. On the other hand, the threats come in terms of increasing contender and substitutes due to the lure of profits and high demand for healthy food products that are easy to prepare, buy and consume. The Porters Five Forces Analyses provide ample information on the organizations threats and even bargaining powers of both suppliers and buyers that influence their current and future operations.To address the weaknesses and threats, Dr. McDougalls should solicit alternative sources of natural ingredients to extend the scope

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