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Your coworker's office is situated next to yours. One day she comes into your office and informs you of a huge project that is in the process of being assigned from upper management to your department's manager. Within forty eight hours, your department manager contacts you through a text message informing you of your inclusion in this project. Unfortunately, your manager included very minimal information about project specifics, so you do not know enough to get a solid start. Your manager is highly political and does not pay much attention to detail. Also, he does not like his personnel reaching out to individuals outside of the department, especially his counterparts. On the other hand, you do have good relationships with other departmental managers. Prepare and deliver a 5-8 minute oral presentation with accompanying visual aids (Note: You must physically conduct this presentation to earn credit for this assignment.) Explain how you would go about gathering the information needed to start your project, while navigating the tough political map. Describe how you would use the selected communication tool in the given scenario to deliver your message. Compare traditional communication tools with social media communication tools. What are the pros and cons of each?
Therefore, BBI executives have decided that their weighted average cost of capital would be an appropriate discount rate to use when analyzing the project.
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