Introduction of new drone company assignment

Assignment Help Business Management

Reference no: EM132888355

You just created a new start-up company called Universal Drones Inc., because you want to compete in the growing industry of drone navigation systems. VectorCal (as described in the case analysis) is currently the only major company in the field. Your views on VectorCal are that the company charges a lot for their products and take a long time to manufacture them. You feel that your company can be a more efficient version of VectorCal.

Keep in mind: When you are completing this assignment, you should be creating all the necessary assumptions to support your claim of being more efficient.

Refer to the rubric for this assignment to become familiar with how your paper will be graded.

Refer to scenarios and readings from previous weeks in order to complete this assignment.

Your assignment must follow these formatting requirements:

The specific course learning outcome associated with this assignment is:

Describe your new company called Universal Drones Inc.

Include in your description

Why your company was formed.

Your company's mission statement.

Your company's vision statement.

Your company's product.

An overview of your key personnel.

Your targeted client base.

Describe VectorCal.

Include in your description

Why VectorCal was formed.

VectorCal's mission statement.

VectorCal's vision statement.

VectorCal's product.

An overview of VectorCal key personnel.

VectorCal's targeted client base.

Pricing analysis methods when forecasting government expenses.

Critique the pricing method that VectorCal uses to forecast the prices of its products and services when contracting with the government.

Discuss the types of pricing analysis methods (Comparison of proposed prices, Comparison of market prices, etc.) that your company will consider when forecasting prices. Provide rationale(s) to support your reasoning.

Cost Considerations

Discuss the following costs that your company, Universal Drones, Inc., needs to adhere to during your first year of operations. Remember to provide a rationale for each of these costs.

Semi-variable.

Allocated.

Indirect costs.

Reference no: EM132888355

Questions Cloud

Determine the amount of lease payment : In a recent transaction Sarh leased a high precision lathe machine from Pranav Revolving Corp. on January 1, 2019. Determine the amount of lease payment

Identify a minimum of three mandatory employee benefits : Identify a minimum of three mandatory employee benefits. Provide the legal justification crucial to understanding the mandatory benefits offered.

Different single-family homes within same neighborhood : Compare the Zestimate value of five different single-family homes within the same neighborhood.

Analyze organization to identify room for potential growth : Analyze organization to identify room for potential growth. What obstacles or barriers did you come across that made this difficult?

Introduction of new drone company assignment : The company charges a lot for their products and take a long time to manufacture them. You feel that your company can be a more efficient version of VectorCal.

Contrast the leadership styles of healthcare managers : Contrast the leadership styles of healthcare managers. Include specific characteristics of each type of leader based on identifying their effectiveness.

Evaluate the development interventions effectively : How to implement and evaluate the development interventions effectively. Consider specific methods of leadership and management development that could develop

Lawful compensation : Lawful Compensation. Lawful expropriation must be accompanied by lawful compensation. What criteria have to be met to fulfill this requirement?

Evaluate the contemporary definitions of leadership : Examine current perspectives of the roles and responsibilities of both leaders and managers generally. Evaluate the contemporary definitions of leadership

User Account

All Pages