Objectives
To describe how the industry is organized and how companies in the marketplace compete
To identify problems and concerns consumers have with the competitors
To describe the barriers to entry a new venture faces and ways to overcome these
To articulate the mission statement of the firm and its core strategies
To identify the core competencies of the business
To describe the target market by identifying the customers and individuals the business will address
To develop a pricing structure in line with the marketplace and industry
Description
Students will assess their business idea and its feasibility as a successful business venture.
Instruction
Complete the First Screen template found on the Moodle site and prepare a summary of your findings and what you are thinking about for your proposed business. This analysis will help you understand how the industry is organized and how companies in the marketplace compete. This assignment should help you identify aspects of their business that differs from the competition and what makes their product/service unique. When you have completed the First Screen template, step back and evaluate the data you compiled. This should clearly tell a story about your business and what makes it unique and capable of competing in the market.
Describe succinctly what the opportunity is and make a compelling case for your business including these points:
Why have you chosen the entry point to start your venture?
What is a compelling need for your product/service?
Is a real problem being solved?
What indicates you will be able to compete successfully in the industry?
Evaluation and Feedback
The First Screen Template will be marked in its entirety out of 100. The following rubric indicates the criteria students are to adhere to, and their relative weights to the assignment overall.
Graded Item % of Final Grade
Demonstrates the strength of the business idea according to the elements found in the First Screen template /15
Identifies key issues in the industry that will impact the business /15
Assesses trends and behavior of the target market /15
Develop a mission statement and vision statement /15
Describes the financial requirements to launch the business and time to break even 15
Identifies how the business will compete in the market and its core strategy /15
Demonstrates good organization, including a strong introduction and conclusion. /10
Total /100
Category: Business and Management
-
Objectives and Evaluation of Business Idea
-
Title: Navigating Organizational Power: Finding the Easiest Source to Work With as an Employee In my opinion, the easiest source of organizational power to deal with as an employee is referent power. Referent power is based on
Power and politics in organizations are common. In most cases, each concept is necessary and executed with skill and precision. Unfortunately, power can lead to conformity from those around us, and this occurring conformity can breed corruption. The amount of power you have has strong ties to how much others depend on you. If you are deemed a valuable resource within an organization, then you can wield that dependability to make demands and get others to do what you want. Besides having an innate or acquired control over resources, there are several social aspects of power to draw on.
Methods for obtaining more power in an organization can often led to political behaviors. As one person seeks to influence another to support an idea, politics begins to play out. Though necessary in some instances, many people that follow the rules see the politics of an organization as resulting in an unfair distribution of resources. Still others, despite understanding the politics of a given organization, see it as an unnecessary time consumer.
Politics, influence, and power can often reside within your social network. When an individual is core to a social structure, they will often have some degree of control over others. Social networks can also help you acquire jobs, make beneficial connections, and generally make life easier. It is often a good idea to analyze your social network and determine if it needs to be strengthened or tailored.
To answer the questions below you may need to do some research on Power, Influence and Politics. However, on the other hand you may not if you were paying attention to the recent election campaign and its outcome. Take a close look at the organized political demonstrations in the various US states. There is an obvious source of power and influence behind this movement. In some sense it’s no different from how Corporate America sometimes behaves and dissatisfied employees react and strike back. Assignment Question:
In 4 paragraphs answer the following question below.
1. In your opinion, which of the five sources of organizational power – legitimate, reward, expert, referent, or information – is the easiest to deal/work with as an employee? Explain it -
“Project Management for Starbucks: Creating a WBS, Schedule, and Budget”
1. Please follow all instructions below
2. Please use the uploaded WBS file for the week 4 activity, schedule, and budget exercise
3. The business to be used for this assignment is Starbucks
4. The book for the class is Timothy Kloppenborg. 2019. Contemporary Project
Management.
5. This course requires the use of Strayer Writing Standards (SWS).
6. Use three sources to support your writing. Choose sources that are credible, relevant, and appropriate. Cite each source listed on your source page at least one time within your assignment. -
Title: The Use of Chicago 17b Author-Date Style in Academic Writing: A Comparative Analysis of Citation Styles
use chicago 17b author date style, and not the footnote style for referencing.
please provide a turnitin report and ai report. -
Title: The Importance of Cultural Sensitivity in International Client Interactions In today’s globalized world, businesses are increasingly expanding their reach to international markets. This means that professionals are now more likely to interact with clients from different cultural backgrounds. As
A. Write an essay (suggested length of 1–2 pages) explaining the importance of incorporating cultural sensitivity when interacting with international clients.
B. Acknowledge sources, using in-text citations and references, for content that is quoted, paraphrased, or summarized.
C. Demonstrate professional communication in the content and presentation of your submission. -
Optimizing Production Mix for Adventure Works Cycles Touring Bike Models “Performing Sensitivity Analysis on Product Mix Optimization: Exploring the Impact of Gross Profit Changes on Model Selection”
Step 1: Creation of Formulas and Constraints
In this step, you will set up the optimization problem worksheet for determining the best production mix for the Touring Bike models.
Launch Excel and create a new blank workbook. For this lab, you may use your own copy of Microsoft Excel, or you may use Excel in the Azure virtual lab environment. You are recommended to use the virtual lab to become familiar with it, as it will be required for some future labs. You should definitely use the virtual lab if your own copy of Excel is not the 2016 version, or if you are not using the Microsoft Windows operating system (the version of Excel for the Mac OS is significantly different from the version for Windows).
Rename the first worksheet to Touring Bike Model Mix.
Enter the title Touring Bike Production Mix in the top left cell.
In the next row, enter the row label Model in column A; the model names Touring-1000, Touring-2000, and Touring-3000 in columns B, C, and D respectively; and the column heading Total in column E.
In the next row, enter the row label Quantity to Produce in column A. As placeholders, enter last year’s production numbers under each model: 79 for the Touring-1000, 24 for the Touring-2000, and 27 for the Touring-3000. Enter a formula to calculate the total number of units produced for all three models in column E.
In the next rows, enter the parameters for gross profit per unit, labor hours per unit, and material cost per unit as provided by the cost accounting department and given in the scenario/summary section above.
In the next row, enter the label Minimum Production in column A, and the minimum production quantities for each model in columns B, C, and D respectively, as given in the scenario/summary section above.
In the next three rows, enter the labels Total Gross Profit, Total Labor Hours, and Total Material Cost in column A. In the column under each model, enter formulas to calculate these values using the corresponding production quantities and parameter values entered earlier. In column E, enter formulas to calculate the totals for all three models in each row.
In column F or the total gross profit row, enter Maximize to indicate the goal is to maximize the company’s total gross profit.
In the total labor hours row, enter “<=" (less than or equal to) in column F and the maximum allocated labor hours for Touring Bike production (from the scenario/summary section above) in column G. In the total material cost row, enter "<=" (less than or equal to) in column F and the maximum allocated budget for material costs (from the scenario/summary section above) in column G. Assign descriptive cell names to the cells for each model and the total in the quantity to produce row, and to the cell containing the total gross profit for all models combined. Save the workbook using the file name Lab2_yourlastname.xlsx. If you are using the virtual lab environment, you should save it to a folder on your virtual home drive. Note: Save your work before continuing on to Step 2! Step 2: Use Solver to Find Optimal Solution In the section, you will use the Excel Solver Add-In to find the optimum production mix for Adventure Works Cycles Touring Bike models. If necessary, enable the Solver Add-In. Start the Solver Add-In. In the Solver dialog, set the objective to maximize the total gross profit from all Touring Bike models combined, using the quantities to produce for each model as the variables. Add all constraints previously stated for the problem, using only cell references (do not hard-code any numbers in your Solver constraints). Select Simplex LP as the solving method. Use the Solver Add-In to solve for the optimal Touring Bike production mix. Keep the Solver solution. Generate all reports (answer, sensitivity, and limits). Save under the scenario name Original Solution. Drag the report sheets so they appear to the right of the Touring Bike Model Mix sheet in the workbook. Save the workbook. Note: Save your work before continuing on to Step 3! Step 3: Perform Sensitivity Analysis In this section, you will perform a sensitivity analysis to explore how changing the gross profit per unit parameter of each model by +/- 10% affects the optimal product mix. Change the gross profit per unit of the Touring-1000 by -10% and solve again using Solver. Do not generate any reports. Save under the scenario name T1000 GP -10%. On your own: Create additional scenarios in which, compared to the original solution, the gross profit for the Touring-1000 is increased 10%; the gross profit for the Touring-2000 is decreased or increased 10%; and the gross profit for the Touring-3000 is decreased and increased 10%. Give each scenario a descriptive name that follows the pattern established in the previous step. Change the gross profit for only one model at a time; in each case, use the gross profit values from the original solution for the other two models. Create a scenario summary report sheet showing the quantities to produce for each model, the total quantity produced for all models combined, and the total gross profit for all models combined. The summary report should include seven scenarios: the original solution plus the gross profit +/-10% scenarios for each of the three models. Rename the scenario summary sheet to GP Sensitivity Analysis and drag it to the last sheet position in the workbook. On your own: Use yellow highlighting to identify any scenarios in the sensitivity analysis where the solution was significantly different from the original solution. Save the workbook. -
Title: Financial Analysis and Investment Recommendations for XYZ Company
Hello, this is a 2-part assignment which has to total 2500 words. Please read carefully the assignment brief and respect all the requirements. You will need to show all the formulas and calculations that you used in appendixes and also there must be a Cover Page and Contents Page, executive summary,
sections with Introduction, Conclusion, List of References and pages must be numbered.
If you need any other information or class material let me know and i will gladly help. -
“Exploring the Impact of Social Media on Personal Branding: A Graduation Thesis Outline” Introduction: – Brief overview of the topic: The rise of social media has greatly influenced the way individuals present themselves to the world, leading to the concept of
This is my graduation thesis personal outline, need to write 1000 words, can not use ai writing, report requirements are shown in the file, but also need other information supplement, please contact me, thank you!
-
“Reviewing Links on Avoiding Groupthink”
See screenshot. Links needing reviewed are below.
https://safe.menlosecurity.com/doc/docview/viewer/docN97BF3EB96366a8d385d074054e543b1bcad9b6877795407abbba6001dd21f537f9ba89d09e53
https://www.mindtools.com/awb7i63/avoiding-groupthink
-
Title: Virtualization for Efficient Operating System Implementation in Organizations Example: An organization that needs to run multiple operating systems for different purposes may choose to implement virtualization. For instance, a software development company may need to test their software on various operating
.In your initial post, address the following:
Provide an example of when an organization or an IT professional might choose to implement an operating system via virtualization, and explain how that example meets organizational needs.