Annual Operating Plan - describes the significant planned activities and associated

monetary resources for the forthcoming fiscal year, including recurring annual
expenses.

operating plan

Definition

Short-term, highly detailed plan formulated generally by junior or departmental

managers to achieve tactical objectives. Also called operational plan.

trend analysis be used when evaluating the balance sheet, income statement,
statement of cash flows, and ratios. Ideally, five years’ worth of data should be used.
Trend analysis is the comparing of key ratios from each year against industry norms to
pinpoint movement toward improvement or decline in a business and to identify unusual
items.

What Does Ratio Analysis Mean?

A tool used by individuals to conduct a quantitative analysis of information in a
company's financial statements. Ratios are calculated from current year numbers and
are then compared to previous years, other companies, the industry, or even the
economy to judge the performance of the company. Ratio analysis is predominately
used by proponents of fundamental analysis.

Investopedia explains Ratio Analysis

There are many ratios that can be calculated from the financial statements pertaining to
a company's performance, activity, financing and liquidity. Some common ratios include
the price-earnings ratio, debt-equity ratio, earnings per share, asset turnover and
working capital.

Risk Analysis Model

We believe that risk analysis and risk management is crucial to both medical and
consumer devices. Our ability to identify project, product and consumer risks helps
alleviate costly oversights early in the design process. We practice early identification of
hazard controls using our risk analysis system in order to build robustness and
traceablility in your project.