BUS 475 Week 1 – 5 Complete Class All Assignments, DQs, Summaries - A+ Graded Course Material

Week 2 - Strategic Plan, Part I: Conceptualizing a Business

Individual Assignment: Strategic Plan, Part I: Conceptualizing a Business

Write a 1,050- to 1,400-word paper in which you explain the importance of your selected business’s vision, mission, and values in determining your strategic direction. Include the following:

 

o    Define your business, products or services, and customers by developing a mission statement. Ensure that you are differentiating your product or service.

o    Create a vision for this organization that clearly demonstrates your decision on what you want your business to become in the future.

o    Define your guiding principles or values for your selected business considering the topics of culture, social responsibility, and ethics.

o    Analyze how the vision, mission, and values guide the organization’s strategic direction.

o    Evaluate how the organization addresses customer needs and critique how they achieve competitive advantage.

BUS 475 - Week 3 - Strategic Plan, Part II: SWOTT Analysis

Individual Assignment: Strategic Plan, Part II: SWOTT Analysis

Conduct an internal and external environmental analysis for your proposed business.

Discuss with your Learning Team the forces and trends below that must be taken into consideration while developing a strategic plan. Given today’s business environment and each Learning Team members’ selected business idea, provide a list of the lessons learned from your Learning Team’s discussion for each of the items listed below. Use this discussion to complete this assignment.

Create a SWOTT table summarizing your findings. Your environmental analysis should take into account, at a minimum, the following factors. For each factor, identify the one primary strength, weakness, opportunity, threat, and trend, and include it in your table.

External forces and trends considerations:

Legal and regulatory

Global

Economic

Technological

Innovation

Social

Environmental

Competitive analysis

Internal forces and trends considerations:

Strategy

Structures

Processes and systems

Resources

Goals

Strategic capabilities

Culture

Technologies

Innovations

Intellectual property

Leadership

Write a 1,400- to 1,750-word synopsis in which you analyze at least seven of the forces and trends from the list above. Your analysis must include the following:

 

o    Include economic as well as legal and regulatory forces and trends.

o    Critique how well the organization adapts to change.

o    Analyze the supply chain operations of the organization.

o    Identify issues and/or opportunities:

 

·         Identify the major issues and/or opportunities that the company faces based on your analysis above.

·         Generate a hypothesis surrounding each issue and research questions to use for conducting analysis.

·         Identify the circumstances surrounding each issue; classify the circumstances; attribute the importance of each classification; and test the accuracy of the importance for each classification.

BUS 475 - Week 4 - Communication Plan Outline

 Learning Team Assignment: Communication Plan Outline

Develop a generic communications plan and template. This template will be used to develop a communication plan for your Final Strategic Plan, due in Week Five.

BUS/475 - Week 4 - Strategic Plan, Part III: Balanced Scorecard

 

Individual Assignment: Strategic Plan, Part III: Balanced Scorecard

 

·         Resources: Exhibit 7-1 in Ch. 7 of Strategic Management

 

·         Develop the strategic objectives for your business in the format of a balanced scorecard. The strategic objectives are measures of attaining your vision and mission. As you develop them consider the vision, mission, and values for your business and the outcomes of your SWOTT analysis. Consider the following four quadrants of the balanced scorecard when developing your strategic objectives:

 

o    Shareholder Value or Financial Perspective, includes strategic objectives in areas such as:

 

·         Market share

·         Revenues and costs

·         Profitability

·         Competitive position

 

o    Customer Value Perspective, includes strategic objectives in areas such as:

 

·         Customer retention or turnover

·         Customer satisfaction

·         Customer value

 

o    Process or Internal Operations Perspective, includes strategic objectives in areas such as:

 

·         Measure of process performance

·         Productivity or productivity improvement

·         Operations metrics

 

o    Learning and Growth (Employee) Perspective, includes strategic objectives in areas such as:

 

·                     Employee satisfaction

·                     Employee turnover or retention

·                     Level of organizational capability

·                     Nature of organizational culture or climate

·                     Technological innovation

 

·         Develop at least three strategic objectives for each of the following four balanced scorecard areas identified above (Financial, Customer, Process, Learning and Growth). Your objectives should be selected, in part, based on an evaluation of a number of potential alternatives to the issues and/or opportunities identified in the SWOTT Analysis paper and table you completed in Week Three. Base your solutions on a ranking of alternative solutions that includes an identification of potential risks and mitigation plans, and a stakeholder analysis that includes mitigation and contingency strategies. You should also incorporate the ethical implications of your solutions into your selection.

 

o    For each strategic objective, develop a metric and target using a balanced scorecard format. (For example, a strategic objective in the shareholder or Financial Perspective is to increase market share. A metric to actually measure this strategic objective of market share increase is, "The percentage of increase in market share." The target is the specific number to be achieved in a particular time period. The target for the metric of "Increase market share" could be "Increase market share by 2% for each of the next 3 years" of an increase of 2% per year for 3 years.)

 

·         Write a 700- to 1,050-word summary that explains your critical thinking on how you derived your objectives from your vision, mission, values, and SWOTT analysis.

BUS 475 - Week 5 - Final Strategic Plan and Presentation

 

Individual Assignment: Final Strategic Plan and Presentation   

 

·         Resources: Vision, mission, values, SWOTT analysis, balanced scorecards, and communication plan

 

·         Write a 700- to 1,050-word section for your strategic plan in which you add your strategies and tactics to implement and realize your strategic objectives, measures, and targets. Include marketing and information technology strategies and tactics. Develop at least three methods to monitor and control your proposed strategic plan, being sure to analyze how the measures will advance organizational goals financially and operationally. Finally, recommend actions needed to address ethical, legal, and regulatory issues faced by the organization, and how they can improve corporate citizenship.

 

·         Combine your completed strategic plan. This includes the vision, mission, values, SWOTT analysis, balanced scorecard, and communication plan. Your consolidated final strategic plan should be 2,800 to 4,200 words in length.

 

·         Prepare three to five Microsoft® PowerPoint® slides, in which you briefly outline the vision, mission, values, and balanced scorecard that you have developed for your business. Share your presentation with your classmates and provide substantive feedback by commenting on the work of your classmates.

Final Exam 100 Questions

The cost principle requires that when assets are acquired, they be recorded at __________.

"Generally accepted" in the phrase generally accepted accounting principles means that the principles __________.

The standards and rules that are recognized as a general guide for financial reporting are called _______.

 Sam's Used Cars uses the specific identification method of costing inventory. During March, Sam purchased three cars for $6,000, $7,500, and $9,750, respectively. During March, two cars are sold for $9,000 each. Sam determines that at March 31, the $9,750 car is still on hand. What is Sam’s gross profit for March?

 Hess, Inc. sells a single product with a contribution margin of $12 per unit and fixed costs of $74,400 and sales for the current year of $100,000. How much is Hess’s break even point? 

 As Plant Controller, you are trying to determine which costs over which you have the most control on a day to day basis. Your goal is to achieve better profitability. The Plant Operations Manager suggests that overhead is the easiest area to directly reduce costs. Which of the following items would be classified as manufacturing overhead?

 What is the preparation of reports for each level of responsibility in the company’s organization chart called?

 Disney’s variable costs are 30% of sales. The company is contemplating an advertising campaign that will cost $22,000. If sales are expected to increase $40,000, by how much will the company's net income increase?   

 The cost of an asset and its fair market value are __________.

Which one of the following is a product cost?

What exists when budgeted costs exceed actual results?

The income statement and balance sheet columns of Pine Company's worksheet reflects the following totals:

 Closing entries are necessary for __________.

Managerial accounting __________.

H55 Company sells two products, beer and wine. Beer has a 10 percent profit margin and wine has a 12 percent profit margin. Beer has a 27 percent contribution margin and wine has a 25 percent contribution margin. If other factors are equal, which product should H55 push to customers?

Lekeisha's income exceeds her expenditures. Lekeisha is a __________.

Maurice receives $100 as a birthday gift. In deciding how to spend the money, he narrows his options down to four choices: Option A, Option B, Option C, and Option D. Each option costs $100. Finally he decides on Option B. The opportunity cost of this decision is __________.

A production possibilities frontier will be a straight line if __________. 

In economics, the cost of something is __________.   

A tax on an imported good is called a __________.

Which of the following statements about GDP is correct?   

In computing GDP, market prices are used to value final goods and services because __________.

Which of the following statements about GDP is correct? 

Which of the following is not correct?  

The part of the balance of payments account that lists all long-term flows of payments is called the:

Edward Prescott and Finn Kydland won the Nobel Prize in Economics in 2004. One of their contributions was to argue that if a central bank could convince people to expect zero inflation, then the Fed would be tempted to raise output by increasing inflation. This possibility is known as __________.

In general, the longest lag for __________.

Consider two items that might be included in GDP: (1) The estimated rental value of owner-occupied housing; and (2) purchases of newly-constructed homes. How are these two items accounted for when GDP is calculated?

Managers will utilize __________ skills with increasing frequency as they rise within an organization.

Which of these represent skills that managers need?  

Building a dynamic organization is another way of describing which function of management?

Your roommate is interested in starting a business and everybody has been giving him different information about being an entrepreneur. Since you have been studying about entrepreneurship and new ventures, which of these would you tell him is true?

The term used to refer to all kinds of differences including religious affiliation, age, disability status, economic class and lifestyle in addition to gender, race, ethnicity and nationality is:

A manager's ability to stimulate people to be high performers is referred to as:

A series of quality standards developed by a committee working under the International Organization for Standardization to improve total quality in all businesses for the benefit of both producers and consumers is:

Japanese manufacturers' kaizen (continuous improvement) programs enable them to maintain:

Listening to employee suggestions, gaining support for organizational objectives and fostering an atmosphere of teamwork are all considered:

The basic components of an effective sexual harassment policy include the following EXCEPT:

Teams that operate separately from the regular work structure and exist temporarily are known as:   

The Aquatic Center, Inc. periodically reviews the goals of the company. During the process, The Aquatic Center managers analyze their current strategies as compared to their competitors, determine goals that they will pursue and decide upon specific actions for each area of the company to take in pursuit of these goals. The Aquatic Center managers have been engaged in the management function of:

As related to managing of human resources, diversity refers to:   

__________ is the process of working with people and resources to accomplish organizational goals.

Twelve randomly-chosen students were asked how many times they had missed class during a certain semester, with this result: 2, 1, 5, 1, 1, 3, 4, 3, 1, 1, 5, 18.

For this sample, the median is _____.

Use the following table to answer question:

 P(S | W) is approximately _____.  

Use the following table to answer question:

 P(M  A) is approximately _____.

Dullco Manufacturing claims that its alkaline batteries last forty hours on average in a certain type of portable CD player. Tests on a random sample of 18 batteries showed a mean battery life of 37.8 hours with a standard deviation of 5.4 hours.

In determining the p-value for reporting the study's findings, which of the following is true?

William used a sample of 68 U.S. cities to estimate the relationship between Crime (annual property crimes per 100,000 persons) and Income (median income per capita). His estimated regression equation was Crime = 428 + .050 Income.

Which outcomes would be likely in a bivariate regression on 45 randomly chosen U.S. cities in 2005 with

Y = number of robberies in each city (thousands of robberies) and

X = size of police force in each city (thousands of police)?

Twelve randomly-chosen students were asked how many times they had missed class during a certain semester, with this result: 2, 1, 5, 1, 1, 3, 4, 3, 1, 1, 5, 18.

For this sample, which measure of central tendency is least representative of the “typical” student?  

Likely reasons for inaccurate control limits would include which of the following?

You are faced with a linear programming objective function of:

Max P = $20X + $30Y

and constraints of:

3X + 4Y = 24 (Constraint A)

5X – Y = 18 (Constraint B)

You discover that the shadow price for Constraint A is 7.5 and the shadow price for Constraint B is 0. Which of these statements is TRUE?  

A project has three paths. A–B–C has a length of 25 days. A–D–C has a length of 15 days. Finally, A–E–C has a length of 20 days. Which one of the following statements is TRUE?

Which one of the following statements concerning production and staffing plans is best?

While glancing over the sensitivity report, you note that the stitching labor has a shadow price of $10 and a lower limit of 24 hours with an upper limit of 36 hours. If your original right hand value for stitching labor was 30 hours, you know that:

The costs of delivering products in the _____ channel are much higher than delivering products in the _____ channel.

When customers access a Web site and make purchases, they generate __________.

_____ is the integration of economic, social, cultural, and ecological facets of life, enabled by information.

Various organizations that promote fair and responsible use of information systems often develop __________.

What is _____ is not necessarily _____.

_____ provides users with a view of what is happening, where _____ addresses why it is happening.

Computer support is greatest for which of the following problems?

The management cockpit best exemplifies which type of system?

_____ is the efficient and effective execution of specific tasks.

Geocoding is __________.

At 8% compounded annually, how long will it take $750 to double?

Which of the following represents an attempt to measure the earnings of the firm’s operations over a given time period?

A machine costs $1,000, has a three-year life, and has an estimated salvage value of $100. It will generate after-tax annual cash flows (ACF) of $600 a year, starting next year. If your required rate of return for the project is 10%, what is the NPV of this investment? (Round your answerwer to the nearest $10.)

Disadvantages of using current liabilities as opposed to long-term debt include:

Petrified Forest Skin Care, Inc. pays an annual perpetual dividend of $1.70 per share. If the stock is currently selling for $21.25 per share, what is the expected rate of return on this stock?

Which of the following is most consistent with the hedging principle in working capital management? 

An increase in future value can be caused by an increase in the __________.

If the quote for a forward exchange contract is greater than the computed price, the forward contract is:

Your company is considering an investment in a project which would require an initial outlay of $300,000 and produce expected cash flows in Years 1 through 5 of $87,385 per year. You have determined that the current after-tax cost of the firm’s capital (required rate of return) for each source of financing is as follows:

Long-term debt currently makes up 20% of the capital structure, preferred stock 10%, and common stock 70%. What is the net present value of this project?

Suppose you determine that the NPV of a project is $1,525,855. What does that mean?   

The common stockholders are most concerned with:

PepsiCo calculates unlevered betas for each peer group in order to:

Which of the following best represents operating income?

In comparison to the buying of final consumers, the purchasing of organizational buyers:   

The basic objective of the U.S. market-directed economic system is to:

Comparing GDP for foreign countries can help a marketing manager evaluate potential markets if the manager remembers that:

A firm's "marketing mix" decision areas would NOT include:

__________ is a marketing management aid which refers to how customers think about proposed and/or present brands in a market.

The "four Ps" of a marketing mix are:

When evaluating macro-marketing:

A cluster analysis of the "toothpaste market" would probably show that:

Clustering techniques applied to segmenting markets __________.

The three basic tasks of ALL managers, according to the text, are:

The difference between target marketing and mass marketing is that target marketing:

When one considers the strategy decisions organized by the four Ps, branding is related to packaging as:

Which of the following statements is not true under the Fair Labor Standards Act?

Probable cause is most directly associated with which step of the criminal process?   

Which of the following statements is generally not true about state intermediate appellate courts?

Which of the following terms need not be disclosed under Truth-in-Lending Act?

Which of the following activities by an administrative agency requires public notice and participation?   

Which of the following is not one of the Caux Round Table Principles for International Business?  

The theory of business social responsibility that holds that a business owes duties solely to produce the highest return for its shareholders is:

Which social responsibility theory has been advocated by Novel Prizewinning economist Milton Friedman?

Which of the following lists, in descending priority, of sources considered by most courts in settling questions of international law?   

If the value of the collateral is less than the debt owed to the secured party, then:

One study found that manufacturing labor costs about _____ an hour in China, compared to _____ dollars in the United States.

Which country does the text describe as becoming the largest producer and consumer of many of the world's goods?

Although the U.S. has had a longstanding agreement with _____ after the passage of NAFTA, _____ became the United States' second largest trading partner.

  • Item #: 005

BUS 475 (Integrated Business Topics) Complete Class A+ Graded

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