Reference no: EM131793404
Course outcome(s) practiced in this unit:
Assess the roles that structure, management, and leadership play in organizational performance.
Develop an inspirational vision or mission.
Assignment: Your Business Description
For this project, you will identify a business that you would like to start either now or sometime in the future. You will write the executive summary that covers the major aspects of your business (this will often need minor adjustments once the plan is constructed). The executive summary should be very succinct (no more than one or two short paragraphs).
Then write your company description using the business plan template. The description should also be short-no more than a page. Finally, you will describe the start-up management and personnel required. This section will be expanded later in the course to include longer term plans.
The Assignment should not exceed 2.5 double spaced pages. No citations or references are required this week. Use headings for every section.
Assignment checklist:
Develop an executive summary (sections 1 and 2 in business plan outline in Course Documents)
Product
Customers
What drives us (values)
Describe company, including the vision and mission statements.
Vision Statement
Describe your business' overarching purpose and values. How will you assure that your vision statement communicates and operationalizes the purpose of your company and its values? How will you ensure that your vision is incorporated into everyday operations and that it motivates employees?
How will you assure your vision has support from your staff into the future -perhaps after you are no longer in control? (See the section under "Purpose and Values" in Chapter 5 of your text.)
Mission Statement
Describe the start-up management and personnel plan
Written explanation
Include table (in business plan outline)
Legal Structure
|
Calculate the unit cost for december
: Calculate the cost of goods transferred out, calculate the cost of EWIP, and reconcile the costs assigned with the costs to account for
|
|
What before-tax rate would the domestic bond need to pay
: Suppose a foreign investor who holds tax-exempt Eurobonds paying 10.50% is considering investing in an equivalent-risk domestic bond in a country with a 28%.
|
|
What is one of the worst decisions you have had to deal with
: What is one of the worst decisions you have had to deal with in the work environment? What was the short term impact? What was the long term impact?
|
|
What would be the beta of the new portfolio
: Suppose you held a diversified portfolio consisting of a $7,500 investment in each of 20 different common stocks. The portfolio's beta is 1.41.
|
|
Describe your business overarching purpose and values
: Describe your business' overarching purpose and values. How will you assure that your vision statement communicates and operationalizes the purpose of company.
|
|
Discuss how might this have affected income and cash flows
: How might this have affected income and cash flows in future years. How does this compare with the effects of the impairments recognized
|
|
How many units are in ending work in process
: If beginning work in process was 6,000 units, how many units are in ending work in process?
|
|
What will be the firm cash cycle
: Suppose that Ken-Z Art Gallery has annual sales of $898,000, cost of goods sold of $588,000, average inventories of $174,000.
|
|
How do you match up with what employers say they need
: Briefly summarize what employers are asking for in terms of experience, education and other qualifications.
|