Archive for category: Business paper

The last unit focused on Strategic Planning, specifically executive decisions and Board of Director decisions about Capital Structure, Dividends, Stock Splits and Share Repurchases.

The last unit focused on Strategic Planning

Chapter 16 Assignment Working Capital Management                              due 10/20/20
The last unit focused on Strategic Planning, specifically executive decisions and Board of Director decisions about Capital Structure, Dividends, Stock Splits and Share Repurchases.

This unit focuses on shorter term financial operations.  Working Capital Management and Financial Planning are issues that confront a Controller, a Treasurer and a CFO in a large corporation but not the Board of Directors.
These same issues confront a sole proprietor and are the basis of success or failure in a business.

Please practice the computations in the Chapter while you read it. Be sure to learn the key terms.
Learn the following Key Terms ST-1, a,e,f,h,I,j,l,m.  Don’t copy the definitions from anywhere.  Plagiarism is taking someone else’s words and writing them down as if they were your own.  It’s unethical just like cheating.  USE YOUR OWN WORDS
Write them out and save them to study for the next exam. Remember how important the key terms were on the first exam?
As a review: What happens to cash:

If the firm issues stock?
If the firm buys new equipment?
Also, if the firm reports a large loss for the year?
Finally, if the firm increases dividends?

Answer questions 16-2, 16-5, 16-7. 16-9 and 16-10.  Don’t copy.
Do problems 16-1, 16-2 and 16-3 and show all work.  I believe these are the same in the old edition and the new edition.
Let me help you with the problems.

In 16-1 part 1, you calculate the Inventory Conversion Period, the Average Collection Period (also called Days Sales Outstanding) and the Payables Deferral Period to get the CCC.  In part 2, you do the whole CCC again with the changes.  For example, if Inventory was posted as $2,000,000 on the balance sheet, a 10% decrease in inventory gives us $1,800,000 worth of inventory.  Having less inventory saves us money.  Reduce A/R by 10%.

(You calculate it) That will also save money, then increase the A/P (Accounts Payable) by 10% so A/P will be $1,100,000; this will also save money.  In part 3, you figure out how much cash would be freed up by these changes.  Calculate this for Inventory, Receivables and Payables.  Add it all together and you get the $ freed up.   Since the CCC in part 2 is lower than part 1, we save money.  How does this affect pre-tax profits?
Answer: Pre-tax profits will go up.

How much will it go up?
In 16-2, first calculate DSO (Days Sales Outstanding also called ACP Average Collection Period) with the current level of sales and accounts receivable.  Then, we are told that if the business-to-business customers pay on time the DSO will be 30 days.  Calculate A/R with this new DSO (remember that sales stay the same.)  This A/R is much lower than the original A/R, so the firm will be saving a lot of money if business-to- business (B2B) customers all paid on time.

The last part is: How much money is saved?
Answer: the original A/R minus the new A/R.  Now, assume they borrowed the money to finance Accounts Receivable.  How much will be saved?  They save the interest on the borrowing.

16-3 is important because you learn how to calculate the cost of credit and the cost of loans.  Let’s take it piece by piece.  For the first part, use equation 16-6.  We know that the Discount is 3%.  Put 3 in the numerator not .03, OK?  In the denominator, we need 100-3.  That’s equal to 97.  For the next part: the numerator is 365 but the tricky part is the denominator.  That requires some thinking.  They offered 60 days of credit, but we only took 5 days, so you put 60 minus 5 equals 55 as the denominator.
Now, let’s see if you can make a financial management decision.

Compare the cost of trade credit to the cost of a bank loan.  Let just say the bank loan is 10%.  What should they do?   SHOULD THEY BORROW MONEY FROM THE BANK SO THEY CAN PAY 5 DAYS EARLY AND GET THE DISCOUNT OR SHOULD THEY USE THE SUPPLIER’S TRADE CREDIT AND PAY IN 60 DAYS?

Choose a low-cost carrier (LCC). From your research, determine if your selected airline closely follows the archetypal LCC business model or is more of a hybrid carrier incorporating aspects of both the LCC

Choose a low-cost carrier (LCC)

The two polar opposite airline business models are low-cost (LCC) and full-service network carrier (FSNC). The objective of this assignment is to deepen your understanding of production costs, specifically how various airline business models affect the cost of operation.

For this assignment, you will duplicate a small portion of the research presented in Klophaus, R., Conradly, R., & Fichert, F. (2012). Attached, please use citations from this study.

Assignment

Choose a low-cost carrier (LCC). From your research, determine if your selected airline closely follows the archetypal LCC business model or is more of a hybrid carrier incorporating aspects of both the LCC and FSNC business models. Klophaus et al. (2012) utilize several criteria that characterize the LCC business model. Table 1 below includes these and more criteria obtained from other sources. While you do not need to utilize all of these criteria in your analysis, you should employ all for which information is available from authoritative sources.

After the introduction, concisely compare and contrast the two business models.

For each of the selected criteria, explain how you have assessed your airline on a simple scale of your choice. Be certain to cite the source of the information and data. Then summarize your findings in a form similar to Table 2 in Klophaus et al. (2012). Much of the required information for the assessment, such as fleet composition, route structure, product offering, etc. will be available on the airline’s website. Aircraft cabin configuration is available at Seat Guru. (Links to an external site.) Another excellent source of information is the CAPA Centre for Aviation. Some information is available only to members, but much is free. Wikipedia may also be used for this assignment. Finally, articles in Air Transport World and Airline Business (both available in the Hunt Library ProQuest database) may be helpful. Of course, you may also use any other authoritative sources you find helpful.

Next, use the data in the Airline Monitor: Traffic, Fleet & Financial Data for 82 Leading Airlines of the World (Airline Monitor is a Hunt Library research database) to compare your chosen airline with a competing comprehensive network carrier.

For example, if you chose Ryanair, British Airways or Lufthansa are competing network carriers. Compare the CASM. The LCC should have significantly lower CASM (otherwise it is not a low-cost carrier). Compare yield, a measure of average price, to determine whether the airline offers lower prices to compete with the FSNC. Other statistics that can be used in the comparison are load factor, utilization, and trip length. If you wish to compare by size or scale of the airlines, ASM, RPM, and departures are appropriate metrics. Be certain that you understand the definition and computation of each statistic. Several online glossaries are available.

In your conclusion, review your research findings. Did you find that your chosen airline closely follows the archetypal LCC business model or is more of a hybrid carrier incorporating aspects of both the LCC and FSMC business models?

Table 1. Low-cost carrier business model characteristics

Primarily point-to-point operations (offering no connections).
Serving short-haul routes, often to/from regional or secondary airports (some major cities are served by more than one airport. Midway Airport, for example, is a secondary airport for Chicago).
High aircraft utilization rates with short turnaround times between operations.
A fleet consisting of a single aircraft type (There are several models of the A-320 and B-737, but all are the same type).
Single class of service with high-density seating.
No (or limited) customer loyalty programs.
Limited passenger services with additional charges for some services (e.g. onboard catering).
A strong focus on price sensitive traffic, mostly leisure passengers.
Low average fares with a strong focus on price competition.
A very high proportion of bookings made through the Interne…

This is a paper that is focusing on the three hospitality companies company research conduct. The paper also provides additional information to use in writing this assignment paper clearly.

Three hospitality companies company research conduct

Part 2: Company Research. (3-4 pages, double-spaced)
A.        Firstly, conduct some company research on three hospitality companies that you know little or nothing about. Name each company, and describe the following for each:
1.        Secondly, why you chose the company
2.        Thirdly, mission statement. This should be in quotes.
3.        Fourthly, what does this company do?
4.        Career and employment information: what are some available jobs at the company? Be specific: find real job postings at real sites. Do not copy the job postings; just list a few of the job titles and their locations.
5.        Brands or types of properties, if it is a chain. If it is a company that is part of a larger company, identify the parent company.
B.            Of the companies you researched, which one would you be more interested in working for and why?
C.            Works cited

Project Requirements
Submit each section in ulearn by the due date/time.
Project must be word-processed and double-spaced using 10-12 point font.
Each project section must include a cover page or a header that includes your name and the date.
MLA (Modern Language Association) format must be used. Johnson & Wales University uses the MLA style for research papers and reference citations.
You must include a works cited page whenever you submit writing based on information you received from another source.

Evaluation will be based on:
Quality and depth of research conducted.
Content of information presented.
Quality of writing (spelling, grammar, sentence construction).
Presentation and layout.
Proper citations and MLA format.

Ensure that you follow the instructions provided keenly. Marking of the assignment is on how you do the task and how you submit the assignment too. In case of any question feel free to ask your instructor for more guidelines before doing the assignment.

What is the business’ “why” for its venture? What is your “why” for your choice of business? Clearly articulate what your business will do, including the following: Explain your production–distribution chain.

What is the business why for its venture

Provide 3 examples of businesses that do something similar to what you hope to do, and include a response to each of the following questions:

What is the business’ “why” for its venture?

What is your “why” for your choice of business?

Clearly articulate what your business will do, including the following:
Explain your production–distribution chain.
Identify your suppliers.
Describe your ideal location, and explain why it is ideal (this will help to create your mission and vision statement for your business plan).

Reference
Sinek, S. (2010). How great leaders inspire action [Video]. Retrieved from http://www.ted.com/talks/simon_sinek_how_great_leaders_inspire_action.html

More details;

4 reasons why a business plan is important

A business plan is a very important strategic tool for entrepreneurs. A good business plan not only helps entrepreneurs to focus on the specific steps necessary for their to make business ideas succeed, but it also helps them to achieve both their short-term and long-term objectives.

Venture capitalist and Silicon Valley pioneer Eugene Kleiner once stated that writing a business plan forces you into disciplined thinking. An idea may sound great, but when you put down all the details and numbers, it may fall apart.

While a business plan is absolutely essential in entrepreneurship, not every entrepreneur sees the need for it. Many are reluctant to have their plan written down. In fact, there are numerous articles online claiming that the business plan is dead or irrelevant. Of course not everyone agrees with that.

A large number of business funding experts, agree that having a good business idea is not enough. Even excellent business ideas can be totally useless if you cannot formulate, execute and implement a strategic plan to make your business idea work.

This is a paper that is focusing on Analyse the brand’s innovative marketing communications approaches. The paper also provides additional information to use in writing the assignment paper.

Analyse the brand’s innovative marketing communications approaches

Task: Using the concepts and theories discussed in class and in your readings, as well as from your own further research, write a case study of a brand of your choice, focusing on one of the following scenarios:
Analyse the brand’s marketing communications campaign(s) implemented in two different countries. How successful/unsuccessful has it been? Why?
–     If you want to talk about the same campaign targeting two different markets (e.g., Coke’s “Open Happiness” campaign in China and India), you can do that. If you want to talk about the brand’s two different campaigns in two different countries (e.g. “Open Happiness” campaign in China vs. “Share a Coke” campaign in India), you can do that as well. We are open to both options as long as your discussion addresses the brand’s cross-cultural marketing communications strategies.

Has the brand met consumers’ resistance at some point? How and why did this happen? What were the effects on the brand (if any)? How did the brand cope with consumer resistance through marketing communications?

Analyse the brand’s innovative marketing communications approaches to breaking through the clutter and overcoming consumers’ avoidance in a foreign market (not in the country of origin). Why do you think the brand’s marketing communications approaches are innovative?

Instructions:

Your case study should be written in report format and should include the following sections:
Firstly, title page (not included in word count): Your name, subject code and title, submission date, total word counts
Secondly, brief background of the brand (about 100-200 words)
Thirdly, your response to the scenario of your choice (about 700-800 words): Here you write a case study of the brand, focusing on one of the scenarios above. You must integrate pertinent concepts and theories and properly reference all non-original work.

Fourthly, discussion and recommendations (about 500-600 words): In this section, you will need to discuss key insights gained from your case study, explain what YOU think about the brand’s strategies, and provide your recommendations for how things may be done differently in the future. You will need to give reasons for this.
Bibliography (not included in word count)
The teaching team will assess this assignment based on the following criteria:

Quality of analysis and argument
Appropriate use of subject concepts/theories
Depth of research
Quality of writing