Option 1
As we discovered this week from our readings and video’s, not all cost-benefit decisions can be made from strictly financial data. Thinking about a project you have worked on or proposed, or a project which you feel is critical in your company or community, give an example of a non-financial metric which should be considered and why you think that non-financial metric should result in the approval of the project.
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Option 2
If you selected Option 1, in the Week 6 Discussion Question, briefly restate your New Product Development initiative. You are now at the stage where a Cost-Benefit Analysis is needed to prepare for the final presentation to management. There are multiples metrics you could use to quantify the benefit of your proposal (incremental sales, nominal payback, discounted payback, NPV and IRR). Choose the one that you feel is most crucial and would best help Management see the value in your proposal. Explain what the metric shows and then discuss how you would go about gathering the data and calculating this for your new initiative (and, if you have already done this in real life, share what you did and what response you got from Management).
Category: Accounting homework help
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“Non-Financial Metrics in Project Decision Making”
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Title: Reflecting on Exemplary Leaders and Their Impact
Competency Discussion, respond to the following prompts within the Discussion area to engage with our faculty and prepare to begin the Competency.
Take a moment to reflect on leaders you admire. Select two people who you regard as exemplary leaders—one well known and one less well known. Describe the traits and qualities they possess that influence their leadership styles.How have you been personally affected by a coach, teacher, community organizer, religious leader, parent, or other type of leader? Describe 2–4 of this leader’s strengths. Do you possess any of these qualities? Please explain. -
Title: “Leveraging My Strengths to Overcome Obstacles and Achieve Personal Growth in PBL”
Think about your personal growth expectations and insights from the StrengthsFinder
Share how you plan to overcome obstacles and navigate challenges using your strengths in the PBL approach.
Consider how your evolving definition of success aligned with your identified strengths shared in the assessment and how they will shape and influence your experience in the course. -
Title: Utilizing Standard Costs and Variance Analysis for Improved Business Performance
Option 1
Discuss the usage and creation of standard costs by your operation. How are these costs developed? How can they be used in the creation of a forecast? How can these be used in an individual or organizational measurement system?
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Option 2
Discuss a current business activity that you or your department does that could be improved by leveraging Variance Analysis. Discuss the perspective you could gain, and what a “favorable price” and a “favorable quantity” variance mean in this application. -
Title: Overcoming Barriers to Team Success: The Role of Leadership in Leaderless Teams Introduction: Effective teamwork is crucial for the success of any organization. However, teams often face various barriers and challenges that can hinder their performance and success.
How do effective teams overcome the common barriers and challenges of success?
Are leaderless teams effective? Be specific.
Support your statements with evidence from the required studies and your research. Cite and reference your sources in APA style. -
Title: Developing Strategic Objectives and Metrics for Organizational Advancement
Strategic objectives are a measure of attaining your vision and mission. They reflect the vision, mission, and values of the organization, and the outcomes of the internal and external environmental analysis.
This week, you will determine the objectives and metrics now that you have completed your SWOT analysis in preparation for the project plan you will complete in next week’s summative assessment. The project you choose must be based on an unmet opportunity for the organization you chose in Week 1 or to minimize a potential threat. As you recall what you determined in your SWOT analysis, consider the following questions:
What does the organization need to do to advance its goals or expand its competitive advantage?
How will you measure progress toward the goals? -
“Disrupting the Social Media Landscape: An Analysis of Mastodon’s Business Model”
Follow the Business Model Canvas framework(please find attached Document and YouTube Video Link) to analyze the business model of ” Mastodon ” Company.(We need to write About Mastodon Company)
YouTube Link for Model Canvas Reference:
Link for info on Mastodon Company:
https://www.investopedia.com/how-mastodon-makes-money-7482865 -
“Exploring the Business Case for Conscious Capitalism: Direct and Indirect Evidence for Superior Financial Performance” “Promoting Employee Well-Being: A Closer Look at a Workplace that Prioritizes Work-Life Balance and Diversity & Inclusion”
Q1)
In Appendix A, authors Mackey and Sisodia (2014)(Please see attached word doc for chapter info) present a business case for conscious capitalism. They explain that the appendix provides “direct and indirect evidence that conscious companies perform better financially in the long run” (p. 277).
For your initial post this week, consider the direct and indirect evidence they cite, and identify two that you find most compelling. Develop your argument by explaining why those resonate with you. Complete your post by identifying a company that seems to be a good example for your argument.(2-3 Paragraphs)
Q2) Please provide replies to the given two posts(1-2 Paragraphs each)
Post 1:(Taylor)
Today I am checking in at a +2. I am motivated to get through these next two weeks and graduate. I am appreciative of all the opportunities St. Ambrose has offered me over the past years.
Mackey and Sisodia list six direct factors that lead concious companies to superior financial performance: their main goal is not to maximize stakeholder returns, employees experience generous pay and benefits, pay higher taxes, don’t squeeze their suppliers to get the lowest price, invest in their communities, and provide great customer value and customer service. The two that I find most compelling are not squeezing the suppliers and investing in the community. These two resonate most with me because they are occasionally mistreated. Many companies prioritize getting the biggest bang for their buck instead of building and caring for their relationship with their supplier. Investing in the community is a direct investment in its growth and development. Four main indirect factors lead to superior financial performance: superior work environments, highly ethical, flexible stakeholder-oriented cultures, and visionary leaders. The two indirect factors I find most compelling are being highly ethical and having visionary leaders. These resonate with me because many times they get overlooked. The MOL program emphasizes companies being ethical and how it will benefit them in the long run. Being ethical can lead to a superior brand reputation, higher customer loyalty, and lower turnover. “Over time, firms led by visionary leaders significantly outperformed those led by financially focused, autocratic leaders” (Mackey & Sisodia, 2014, p. 281). Patagonia is a company that I think resembles these qualities. They pledged a percentage of their sales to go to the preservation and restoration of the environment. They also guarantee that they make everything them self and take responsibility for their impact. Patagonia touches on all four of the indirect and direct factors that resonate with me. This is one of the many reasons they are successful.
Post 2: Rahdhar
I check in as +2 this week, motivated and happy.
I enjoyed reading Appendix A since it considers factors other than monetary gain in wealth growth. The text offers convincing direct proof based on the fifteen-year performance of a representative sample of publicly listed conscious firms. During that time, these companies beat the S&P 500 index by a ratio of 10.5. The text also references Ethisphere, which annually rewards the most socially aware firms worldwide based on seven criteria. These companies have regularly outperformed the S&P 500, suggesting a strong correlation between ethical behavior and financial performance. This data shows a substantial correlation between conscientious company practices and improved financial outcomes. This interests me because it shows how businesses may be financially successful and contribute positively to the environment and society.
Aflac is a good example of a company that follows ethical business practices and promotes an enjoyable work environment. For the 18th time, Ethisphere has named Aflac one of the World’s Most Ethical Companies. This recognition demonstrates their dedication to openness, sustainability, and ethical workplace behavior. Aflac is known for its excellent work environment, which encourages work-life balance and employee well-being. Furthermore, their initiatives to promote diversity and inclusion have received recognition. -
Title: Analyzing the Ethical Challenges of Negligence in the Snapchat Speed Filter Case
The Reality Check “Snapchat: When Is a Company’s Product Responsible for Causing Injuries?” presents an opportunity to consider the ethical challenges associated with negligence. The authors explain that “negligence involves having the ability to foresee the consequences of our acts and failing to take steps to avoid the likely harmful consequences” (p. 314)(Chapter 8-Ethics and Marketing). For this application paper, read the Reality Check on page 314, and then craft an academic paper that addresses the four sets of questions it posed:
What liability, if any, should Snapchat have for the damages caused by this accident? No one denies that the driver bears primary responsibility, but did Snapchat also contribute to the harms caused?
What uses could Snapchat have reasonably foreseen for this speed filter? What could Snapchat reasonably be expected to know about the users of its products?
Was the advice contained in the terms of service sufficient warning to protect Snapchat from any misuse of its products?
Do you think that the speed filter is a dangerous product? Was Snapchat negligent in marketing this product?
Use the attached file (APA (7th Ed) Template for Student Papers) for your document. -
“Maximizing My StrengthsFinder® Strengths” Maximizing My StrengthsFinder® Strengths This week, I had the opportunity to take the StrengthsFinder® assessment and identify my top five Signature Themes. It was an eye
Consider your results from the StrengthsFinder® assessment.
Which of your five Signature Themes enabled productivity in your work this week?
Did you observe any specific Signature Themes in your teammates this week?
What will you do going forward to maximize or develop your StrengthsFinder® strengths?
Write a brief reflection as a journal assignment and submit it by the end of the workshop.