Highlight the key features of the business plan in 3-5 pages. This is to be a professional report that is to be delivered to a theoretical board of directors of your new company. There should be no speculation, no generic corporate ideas (such as ‘All managers will have an open door policy’ – remember this is a simulation), do not suggest ideas that cannot be executed within the simulation, keep all portions of the report grounded in research from the simulation.
Outline of Requirements:
1. A. Financial strategy:
o Evaluate the impact of different components on costs
Research and find an existing company you believe would benefit from expanding either its product line or services. You
Research and find an existing company you believe would benefit from expanding either its product line or services. You will submit your chosen company and idea in an essay to this assignment.
You want to ensure you select a company that you can retrieve the information you need, such as an organization chart, mission, vision, descriiptions of products or services, and financial reports (balance sheet and income statement).
Write an essay, in your own words (cite where appropriate) and in at least 250 words in APA format on the following prompts:
Your selected company name (include link(s) to the company, and its annual report to investors for public corporations) and describe the history of the company and include its mission and vision statement.
Describe your potential idea (you want an idea that you can present and persuade to your boss and senior leadership). You don’t need all the logistics yet, just outline your idea.
Principle of accounting
Management Assignment Help Learning Engagement #2Learning Engagement Week 2
Choose one of the following to respond to
1. Describe how the perpetual inventory system works in your own words. Provide advantages and disadvantages of using this system. What companies might choose to use a perpetual inventory system over a periodic inventory system and why?
2. Define merchandise inventory in your own words. What types of costs are included in the Merchandise inventory account? What is the difference between merchandise inventory and the company inventory? Provide an example of each.
3. Explain the difference between purchase returns and sales returns in your own words. How do these returns affect the financial statements of both the buyer and seller? Be specific in the financial statement and its effect.
4. Explain how the periodic inventory system works in your own words. Provide advantages and disadvantages of using this system. What companies might choose to use a periodic inventory system over a perpetual inventory system and why?
PROFESSOR’S GUIDANCE FOR THIS WEEK’S LE:
Choose just one of the questions to answer. In each, you will likely go beyond the minimum word count in order to properly explain the terms and provide examples. That is okay! Remember, because we are not in class together, the ONLY way I know whether you understand the question is through your written response, so provide good depth!
General Discussion Notes: Applicable each week:
Each weekly session for this course begins on a Monday and concludes the following Sunday. Each week your Initial Posting to the Learning Engagement is due by Wednesday, 11:55pm PST. In that Initial Posting you will respond to the discussion question(s) posed In Each Learning Engagement.
You are expected to provide not only deep discussions on the initial post, but also substantive responses to your peers. Your initial post will be a minimum of 100-200 words or 2 paragraphs and should include insights and concepts from the week’s reading. While you may be asked to provide an opinion, your position must be supported by evidence.
Substantive postings to this topic question(s) should be no less that 100-200 words or a minimum of 1 paragraph and should identify your peers’ discussion. You can agree, extend or expand on your peers’ post, or respectfully disagree. Again, you must support your position through evidence.
Each initial post will have at least 1 reference (you may use your textbook). In your peer responses, you may also provide 1 reference, but that is optional.
I may engage you in discussion as well, and I will count any further responses to me during the week (after your Initial Posting) as one of your responses to others.
You should participate on multiple days of the week, and do not save all your postings for Sunday. That way other students (and I) can engage you in back-and-forth discussion.
Be sure to proofread carefully (Use Grammarly – the premium version! Make sure your writing score is more than 90) and cite your sources (APA 7.0 ed).
Post your minimum 100-200 word answers by Wednesday 11:55 pm to earn a maximum of 14 points.
Offer at least two minimum 100-200 word comments (replies) to posts from your peers’ discussions by Sunday 11:55 pm to earn a maximum of 8 points each.
Coming into this course, while having no prior experience in marketing management, I believe I gained some crucial fundamental knowledge through this chapter. The most important concept to me was the marketing framework. Breaking down marketing into objects such as the 5Cs, STP and 4Ps made it easier to grasp the very meaning of marketing a product. 5Cs helped to understand the key factors that contribute towards marketing strategy. I learned the three significant steps needed for a good plan through STP. Another critical concept to me was how marketing is an exchange relationship, how the customer seeks to benefit from marketing promotions at a reasonable price, and how the firm aims to profit. The method of positioning a product to a customer using the 4Ps is essential to a firm’s success. I am curious how a successful marketer finds the right balance between price, place, product, and promotion. It was also interesting to learn how different departments perceive marketing; for example, an R