FS Q2 Module 1
FS Q2 Module 1
and Immersion
(Feasibility Study)
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Inquiries, Investigation, and Immersion (Feasibility Study) – Grade 12
Quarter 1 – Module 19: Operations Plan
First Edition, 2020
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Inquiries, Investigation,
and Immersion
(Feasibility Study)
12
Quarter 2
Self-Learning
2 Module 1
Operations Plan
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Introductory Message
This learning material hopes to engage the learners in guided and independent
learning activities at their own pace and time. Further, this also aims to help learners
acquire the needed 21st century skills especially the 5 Cs, namely: Communication,
Collaboration, Creativity, Critical Thinking, and Character while taking into
consideration their needs and circumstances.
In addition to the material in the main text, you will also see this box in the
body of the module:
As a facilitator you are expected to orient the learners on how to use this
module. You also need to keep track of the learners' progress while allowing them to
manage their own learning. Moreover, you are expected to encourage and assist the
learners as they do the tasks included in the module.
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For the Learner:
This module was designed to provide you with fun and meaningful
opportunities for guided and independent learning at your own pace and time. You
will be enabled to process the contents of the learning material while being an active
learner.
Posttest - This measures how much you have learned from the
entire module.
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EXPECTATIONS
a business.
PRETEST
RECAP
In our previous lesson, we have discussed one of the additional Ps in the
marketing mix, People. You have learned how people play a vital role in
achieving the goals of an organization. You were also able to know the
significance of selecting the right people and how they will properly fit into a
job through pieces of training. For us to be able to come up with a great set
of personnel, we have to classify which type of people should we bring in to
our business.
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LESSON
In this chapter, we are going to tackle the management of the operations. The
key person involved here is what we call the Operations Manager. But first,
let us know what Operations is. Just like Marketing, it is also an important
aspect of the business. It pertains to all activities that a business undergoes
in creating and delivering goods/services to its customers or clients.
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maximize the net operating profit. Operations management is therefore critical
to organizational success.
Operations Plan, on the other hand, states the details in operating the
business. A strong operational plan should have the four operational aspects
called the 4Ms of operations: Money, Machines, Materials, and Methods.
Originally, we have 5M’s but since we have already discussed Manpower in
the prior lesson we ought not to include it here.
The 4 Ms of Operations
Money
All organizations, regardless of the size need money to be sustainable and
achieve their objectives. It is considered as the lifeblood of the business.
Without it, no business can motivate workers, get the quality and sufficient
materials, and acquire the right machines. It is like fuel to a car or food to a
human body. In the upcoming lesson, we will enumerate some sources of
funds that can be helpful when we are starting up a business.
Machines
Most businesses would not be able to operate without the aid of machines.
Machines can be described as the “best friend” of manpower in producing
foods and offering services. They go hand in hand. They became a very
important aspect of the production process that it can even replace
employees. Machines are not only limited to physical equipment but can also
pertain to new technologies that help business operations become
standardized and seamless.
Materials
Whether the organization will offer products or cater services, he or she has
to pinpoint several dependable suppliers of quality raw materials and
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supplies. The suppliers must have a consistent and sufficient amount of raw
materials and supplies that can accommodate the demand of the operations.
Methods
The methods aspect represents the day-to-day operations of a business. It
describes how we will run the business in all facets such as the
manufacturing of goods, service delivery process, distribution of goods and
services, logistics for delivery of goods, and inventory management to name a
few. We as business owners have to be very detailed in formulating these
processes to ensure that the customer experience will be pleasant.
ACTIVITIES
Performance Task.
Directions: Using your proposed business, work with your group mates and
prepare a concise operations plan using the 4 Ms of operations.
1. List down all the basic requirements of business during start-ups. You can
search the internet or ask some people you know who are already into the
same or similar business as yours.
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WRAP–UP
Reflect Upon:
4. Why do you think having an incompetent manager will also mean the
failure of your business?
VALUING
How would you rate yourself from 1-10 at planning out your tasks?
What do you think are the things you should do to improve your
planning skills?
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R E F E R E N CE S
Operations Management
https://www.investopedia.com/terms/o/operations-management.asp
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