Wednesday, September 28, 2005
ACCT 202 - Assignment 2
Q1
Cora Ltd is preparing budgets for the six month period ending 30 June 2005. It produces one product, the standard variable costs of which are as follows:
Material $10 per unit
Labour $3 per unit
Overhead $3 per unit
The budgeted production in units is:
January February March April May June
4,000 5,000 4,500 3,500 4,000 4,500
The budgeted sales in units are:
January February March April May June
3,500 4,000 4,500 5,000 4,000 3,500
The following information is also available:
(i) The standard selling price per unit is $20.
(ii) Material purchases are on credit and are paid for one month after usage. Material is delivered on a Just in Time basis and a buffer stock of 600 units is carried.
(iii) Labour is paid in the month of production.
(iv) Variable overhead is paid for in the month after production.
(v) Fixed overheads for the six months are $50,000 of which $20,000 relates to depreciation. The remainder accrue evenly over the period and are paid for in the month after they are incurred.
(vi) Ten per cent of the sales are for cash, payment for the remainder is received in the month after the sales are made.
(vii) Dividends of $2,000 are expected to be received in May.
(viii) A new vehicle will be purchased for $12,000 and paid for in January, an older vehicle will be sold for $6,000 which will be received in March.
(ix) Taxation of $50,000 will be paid in June.
(x) Finished stocks are valued in the budgeted balance sheet at standard variable cost per unit.
(xi) The following is an extract from the budgeted balance sheet as at 31 December 2004:
$
Raw Material Stock 6,000
Finished goods Nil
Debtors 70,000
Cash 10,000
–––––––
86,000
Raw Material Creditors 21,000
Variable Overhead Creditors 10,500
Fixed Overhead Creditors 5,000
–––––––
36,500
Net Current Assets 49,500
Required:
(a) Prepare a cash budget for the six months ending 30 June 2005. (30 marks)
(b) Calculate Cora’s Working Capital at 30 June 2005. (14 marks)
(c) State how the calculation of an Economic Order Quantity would assist the company in the control of its Raw Material stocks. (6 marks)
(Total 50 marks)
Q2
Noddy Ltd produces four products, A, B, C, and D. The budget for the forthcoming year shows the following results.
$000 A B C D Total
Sales 700 400 250 340 1,690
Material 210 60 30 40 340
Labour 100 200 200 200 700
Variable overhead 90 60 50 50 250
Fixed overhead 20 40 40 40 140
Profit/Loss 280 40 (70) 10 260
Sales (units) 140 20 25 20
The directors are worried about C and the loss that it appears to make. The following suggestions have been put forward to improve the situation.
1 To cease production and sales of C.
2 To increase the selling price of C by 20%; this would decrease the sales volume by 10%.
3 To decrease the selling price of C by 10%; this would increase the sales volume by 10%.
4 To reduce the labour costs of C by $100,000, by purchasing a new machine which would cost $350,000, and have a life of five years and no residual value. The selling price and other variable costs per unit would remain the same.
Required:
(a) Evaluate each of the four proposals above individually, by calculating the effect on the budgeted profit of implementing the suggestions. (12 marks for each)
(b) Suggest the best course of action for the company to follow. (2 mark)
(Total 50 marks)
Format: Hard copy only and prepared by using Spreadsheets for Financial statements and word processor for Essay questions.
Due date: Latest by Week 13 - 15th November 2005
Late Submission: Loss of one mark for each day late.
Cora Ltd is preparing budgets for the six month period ending 30 June 2005. It produces one product, the standard variable costs of which are as follows:
Material $10 per unit
Labour $3 per unit
Overhead $3 per unit
The budgeted production in units is:
January February March April May June
4,000 5,000 4,500 3,500 4,000 4,500
The budgeted sales in units are:
January February March April May June
3,500 4,000 4,500 5,000 4,000 3,500
The following information is also available:
(i) The standard selling price per unit is $20.
(ii) Material purchases are on credit and are paid for one month after usage. Material is delivered on a Just in Time basis and a buffer stock of 600 units is carried.
(iii) Labour is paid in the month of production.
(iv) Variable overhead is paid for in the month after production.
(v) Fixed overheads for the six months are $50,000 of which $20,000 relates to depreciation. The remainder accrue evenly over the period and are paid for in the month after they are incurred.
(vi) Ten per cent of the sales are for cash, payment for the remainder is received in the month after the sales are made.
(vii) Dividends of $2,000 are expected to be received in May.
(viii) A new vehicle will be purchased for $12,000 and paid for in January, an older vehicle will be sold for $6,000 which will be received in March.
(ix) Taxation of $50,000 will be paid in June.
(x) Finished stocks are valued in the budgeted balance sheet at standard variable cost per unit.
(xi) The following is an extract from the budgeted balance sheet as at 31 December 2004:
$
Raw Material Stock 6,000
Finished goods Nil
Debtors 70,000
Cash 10,000
–––––––
86,000
Raw Material Creditors 21,000
Variable Overhead Creditors 10,500
Fixed Overhead Creditors 5,000
–––––––
36,500
Net Current Assets 49,500
Required:
(a) Prepare a cash budget for the six months ending 30 June 2005. (30 marks)
(b) Calculate Cora’s Working Capital at 30 June 2005. (14 marks)
(c) State how the calculation of an Economic Order Quantity would assist the company in the control of its Raw Material stocks. (6 marks)
(Total 50 marks)
Q2
Noddy Ltd produces four products, A, B, C, and D. The budget for the forthcoming year shows the following results.
$000 A B C D Total
Sales 700 400 250 340 1,690
Material 210 60 30 40 340
Labour 100 200 200 200 700
Variable overhead 90 60 50 50 250
Fixed overhead 20 40 40 40 140
Profit/Loss 280 40 (70) 10 260
Sales (units) 140 20 25 20
The directors are worried about C and the loss that it appears to make. The following suggestions have been put forward to improve the situation.
1 To cease production and sales of C.
2 To increase the selling price of C by 20%; this would decrease the sales volume by 10%.
3 To decrease the selling price of C by 10%; this would increase the sales volume by 10%.
4 To reduce the labour costs of C by $100,000, by purchasing a new machine which would cost $350,000, and have a life of five years and no residual value. The selling price and other variable costs per unit would remain the same.
Required:
(a) Evaluate each of the four proposals above individually, by calculating the effect on the budgeted profit of implementing the suggestions. (12 marks for each)
(b) Suggest the best course of action for the company to follow. (2 mark)
(Total 50 marks)
Format: Hard copy only and prepared by using Spreadsheets for Financial statements and word processor for Essay questions.
Due date: Latest by Week 13 - 15th November 2005
Late Submission: Loss of one mark for each day late.
ACCT 202 - Assignment 1
Salemead plc is a builders’ supplies company located in the North of England and has suffered quite markedly from the effects of the recession. It is now seeking additional long term funds in order to safeguard its financial position and to help it to move into new markets. Its summarised financial statements for the three years to 31 December 2002 are shown below.
Profit and Loss Account for the Year (£000s)
2000 2001 2002
Sales 18,500 15,900 15,100
Cost of sales 10,552 8,537 7,970
–––––– –––––– ––––––
Gross profit 7,948 7,363 7,130
Distribution costs 2,775 2,891 2,768
Administration costs 4,488 4,262 4,205
–––––– –––––– ––––––
Operating profit 685 210 157
Interest 70 65 55
–––––– –––––– ––––––
Net profit before tax 615 145 102
Corporation tax 303 18 –
–––––– –––––– ––––––
Net profit after tax 312 127 102
Balance sheet at 31 December
2000 2001 2002
Fixed assets:
Land and buildings 1,343 1,343 1,126
Equipment and motor vehicles
1,448 1,110 1,135
–––––– –––––– ––––––
2,791 2,453 2,261
Current assets:
Stocks 1,898 1,745 2,287
Debtors 3,169 3,213 3,168
Cash and bank balances 543 258 41
–––––– –––––– ––––––
5,610 5,216 5,496
–––––– –––––– ––––––
Less: Current Liabilities
Creditors 2,873 2,567 2,726
Taxation 200 10 –
Dividends 300 100 100
–––––– –––––– ––––––
3,373 2,677 2,826
–––––– –––––– ––––––
Net current assets 2,237 2,539 2,670
–––––– –––––– ––––––
Total assets less current liabilities 5,028 4,992 4,931
Long term loans 800 800 800
–––––– –––––– ––––––
Net assets 4,228 4,192 4,131
–––––– –––––– ––––––
Share capital (£1 shares) 2,400 2,400 2,400
Reserves 1,828 1,792 1,731
–––––– –––––– ––––––
Required:
(a) Calculate such ratios as may be helpful in judging the performance of the company in terms of profitability, liquidity, efficiency and gearing over the three years to 31 December 2002. Present your interpretation of the company’s results over the three years. (80 marks)
(b) What is the market’s opinion of this company (the company’s shares are currently being quoted at £2 per share)? Explain your reasoning. (20 marks)
(100 marks)
Format: Hard copy only and prepared by using Spreadsheets for Financial statements and word processor for Essay questions.
Due date: Latest by Week 6 - 20th September 2005
Late Submission: Loss of one mark for each day late.
Profit and Loss Account for the Year (£000s)
2000 2001 2002
Sales 18,500 15,900 15,100
Cost of sales 10,552 8,537 7,970
–––––– –––––– ––––––
Gross profit 7,948 7,363 7,130
Distribution costs 2,775 2,891 2,768
Administration costs 4,488 4,262 4,205
–––––– –––––– ––––––
Operating profit 685 210 157
Interest 70 65 55
–––––– –––––– ––––––
Net profit before tax 615 145 102
Corporation tax 303 18 –
–––––– –––––– ––––––
Net profit after tax 312 127 102
Balance sheet at 31 December
2000 2001 2002
Fixed assets:
Land and buildings 1,343 1,343 1,126
Equipment and motor vehicles
1,448 1,110 1,135
–––––– –––––– ––––––
2,791 2,453 2,261
Current assets:
Stocks 1,898 1,745 2,287
Debtors 3,169 3,213 3,168
Cash and bank balances 543 258 41
–––––– –––––– ––––––
5,610 5,216 5,496
–––––– –––––– ––––––
Less: Current Liabilities
Creditors 2,873 2,567 2,726
Taxation 200 10 –
Dividends 300 100 100
–––––– –––––– ––––––
3,373 2,677 2,826
–––––– –––––– ––––––
Net current assets 2,237 2,539 2,670
–––––– –––––– ––––––
Total assets less current liabilities 5,028 4,992 4,931
Long term loans 800 800 800
–––––– –––––– ––––––
Net assets 4,228 4,192 4,131
–––––– –––––– ––––––
Share capital (£1 shares) 2,400 2,400 2,400
Reserves 1,828 1,792 1,731
–––––– –––––– ––––––
Required:
(a) Calculate such ratios as may be helpful in judging the performance of the company in terms of profitability, liquidity, efficiency and gearing over the three years to 31 December 2002. Present your interpretation of the company’s results over the three years. (80 marks)
(b) What is the market’s opinion of this company (the company’s shares are currently being quoted at £2 per share)? Explain your reasoning. (20 marks)
(100 marks)
Format: Hard copy only and prepared by using Spreadsheets for Financial statements and word processor for Essay questions.
Due date: Latest by Week 6 - 20th September 2005
Late Submission: Loss of one mark for each day late.
MKTG 467 Assignment 2
Project
You are required to analyze, improve, and test one advertisement (newspaper, radio, magazine, TV, Internet, etc). In this project you will be asked to use what you have learned in the class to provide a detailed analysis of an ad in terms of target audience, the benefits it provides and the way it works (think about an ad as a tool and describe its function). Based on your analysis suggest an improved version of the ad and test the new ad on the appropriate target customers to see if indeed it is better. Note this is a fuzzy task and the parameters are not well specified, which is true about most aspects of life. Submit a short paper (up to 10 pages) and prepare a 10-15 minute presentation for class.
Final Papers
6-8 pages total:
• 2-3 pages: Analyze company.
o What is their product?
o What kind of ads do they use?
o What kind should they use?
• 2-3 pages: Describe your project.
• 2 pages: Did it work?
o What would you change if you could make another ad?
o Recommendations for company?
Presentations
• 10-15 minutes, follow same sequence as the paper. Use of Microsoft Power point is highly preferred. Use of video and other supporting media is highly encouraged.
INSTRUCTIONS
• Hard copy only and prepared by using Spreadsheets for computation questions and word processor for Essay questions.
• The essay should be done on an individual basis. DO NOT CUT AND PASTE FROM THE INTERNET.
• The essay should be approximately 3,000 words in length. Adhere strictly to within 10% of the word limit. Marks will be deducted for failure to reach the minimum word limit, and answers exceeding the word limit will not be marked.
• The essay should be referenced and have a full bibliography attached.
• The essay will lose 1 mark for each day or part thereof it is late. Papers may be handed in early to me personally or to my box (pigeon hole) beside the lecturers’ room, before they are due.
• Essays must be word processed, in 12 point Times Roman or Arial font, with a spacing of 1.5 for the body of the text (but not footnotes), and spell-checked. The pages should be numbered.
• Due date: Presentation and Submission in Week 8 - Two weeks before the final exam.
• Late Submission: Loss of one mark for each day late.
You are required to analyze, improve, and test one advertisement (newspaper, radio, magazine, TV, Internet, etc). In this project you will be asked to use what you have learned in the class to provide a detailed analysis of an ad in terms of target audience, the benefits it provides and the way it works (think about an ad as a tool and describe its function). Based on your analysis suggest an improved version of the ad and test the new ad on the appropriate target customers to see if indeed it is better. Note this is a fuzzy task and the parameters are not well specified, which is true about most aspects of life. Submit a short paper (up to 10 pages) and prepare a 10-15 minute presentation for class.
Final Papers
6-8 pages total:
• 2-3 pages: Analyze company.
o What is their product?
o What kind of ads do they use?
o What kind should they use?
• 2-3 pages: Describe your project.
• 2 pages: Did it work?
o What would you change if you could make another ad?
o Recommendations for company?
Presentations
• 10-15 minutes, follow same sequence as the paper. Use of Microsoft Power point is highly preferred. Use of video and other supporting media is highly encouraged.
INSTRUCTIONS
• Hard copy only and prepared by using Spreadsheets for computation questions and word processor for Essay questions.
• The essay should be done on an individual basis. DO NOT CUT AND PASTE FROM THE INTERNET.
• The essay should be approximately 3,000 words in length. Adhere strictly to within 10% of the word limit. Marks will be deducted for failure to reach the minimum word limit, and answers exceeding the word limit will not be marked.
• The essay should be referenced and have a full bibliography attached.
• The essay will lose 1 mark for each day or part thereof it is late. Papers may be handed in early to me personally or to my box (pigeon hole) beside the lecturers’ room, before they are due.
• Essays must be word processed, in 12 point Times Roman or Arial font, with a spacing of 1.5 for the body of the text (but not footnotes), and spell-checked. The pages should be numbered.
• Due date: Presentation and Submission in Week 8 - Two weeks before the final exam.
• Late Submission: Loss of one mark for each day late.
MKTG 467 Assignment 1
Answer all Questions
1. What is BMW’s (perceptual) positioning in the luxury market? With whom is BMW competing? What is BMW’s brand DNA? Is the brand healthy?
2. Describe the typical North American BMW customer? What are BMW’s communication goals?
3. Were the films themselves well-executed for BMW’s target market? Was the distribution via Internet efficient?
4. Typical prime-time advertising costs roughly 10-15 cents per viewer. Is the BMW film campaign cost effective?
5. Why did BMW launch the films campaign? Are there any advantages or disadvantages relative to more traditional advertising campaigns?
Background Reading
BMW Films: The Ultimate Marketing Scheme
July 10, 2002 By Tom Hespos
http://www.imediaconnection.com/content/546.asp
BMW Films Hit Hollywood, Courtesy of Microsoft
ClickZ News By Christopher Saunders | September 5, 2002
http://www.clickz.com/news/article.php/1457171
Links
http://www.bmw.com/
http://www.bmwworld.com/media/films/bmwfilms.htm
http://www.bmwusa.com/bmwexperience/films.htm
INSTRUCTIONS
• Hard copy only and prepared by using Spreadsheets for computation questions and word processor for Essay questions.
• The essay should be done on an individual basis. DO NOT CUT AND PASTE FROM THE INTERNET.
• The essay should be approximately 1,500 words in length. Adhere strictly to within 10% of the word limit. Marks will be deducted for failure to reach the minimum word limit, and answers exceeding the word limit will not be marked.
• The essay should be referenced and have a full bibliography attached.
• The essay will lose 1 mark for each day or part thereof it is late. Papers may be handed in early to me personally or to my box (pigeon hole) beside the lecturers’ room, before they are due.
• Essays must be word processed, in 12 point Times Roman or Arial font, with a spacing of 1.5 for the body of the text (but not footnotes), and spell-checked. The pages should be numbered.
• Due date: Submission in Week 6 – Four weeks before the final exam
• Late Submission: Loss of one mark for each day late.
1. What is BMW’s (perceptual) positioning in the luxury market? With whom is BMW competing? What is BMW’s brand DNA? Is the brand healthy?
2. Describe the typical North American BMW customer? What are BMW’s communication goals?
3. Were the films themselves well-executed for BMW’s target market? Was the distribution via Internet efficient?
4. Typical prime-time advertising costs roughly 10-15 cents per viewer. Is the BMW film campaign cost effective?
5. Why did BMW launch the films campaign? Are there any advantages or disadvantages relative to more traditional advertising campaigns?
Background Reading
BMW Films: The Ultimate Marketing Scheme
July 10, 2002 By Tom Hespos
http://www.imediaconnection.com/content/546.asp
BMW Films Hit Hollywood, Courtesy of Microsoft
ClickZ News By Christopher Saunders | September 5, 2002
http://www.clickz.com/news/article.php/1457171
Links
http://www.bmw.com/
http://www.bmwworld.com/media/films/bmwfilms.htm
http://www.bmwusa.com/bmwexperience/films.htm
INSTRUCTIONS
• Hard copy only and prepared by using Spreadsheets for computation questions and word processor for Essay questions.
• The essay should be done on an individual basis. DO NOT CUT AND PASTE FROM THE INTERNET.
• The essay should be approximately 1,500 words in length. Adhere strictly to within 10% of the word limit. Marks will be deducted for failure to reach the minimum word limit, and answers exceeding the word limit will not be marked.
• The essay should be referenced and have a full bibliography attached.
• The essay will lose 1 mark for each day or part thereof it is late. Papers may be handed in early to me personally or to my box (pigeon hole) beside the lecturers’ room, before they are due.
• Essays must be word processed, in 12 point Times Roman or Arial font, with a spacing of 1.5 for the body of the text (but not footnotes), and spell-checked. The pages should be numbered.
• Due date: Submission in Week 6 – Four weeks before the final exam
• Late Submission: Loss of one mark for each day late.
Sunday, September 18, 2005
MGMT 302 Assignment 4
You will hypothetically make a prototype product, create a bill of materials and process sheet, develop a comprehensive manufacturing strategy, and determine the probable direct cost of the product when manufactured in large quantities. Do not develop a product that is made in your apartment, garage, etc.. Imagine that this project is being developed to present to the board of a global corporation, not a "Mom and Pop" enterprise!
Describe, in a paper of approximately 3-4 pages (excluding charts and diagrams), how you would undertake such an effort. A thoughtful, thorough, neat Project Management Chart, showing key activities and events leading up to the manufacturing process would be a very useful planning tool. Employ management principles and techniques as learned in other management or business subjects, along with your own style and common sense.
INSTRUCTIONS
Hard copy only and prepared by using Spreadsheets for computation questions and word processor for Essay questions.
The essay should be done on an individual basis. DO NOT CUT AND PASTE FROM THE INTERNET.
The essay should be approximately 1,500 words in length. Adhere strictly to within 10% of the word limit. Marks will be deducted for failure to reach the minimum word limit, and answers exceeding the word limit will not be marked.
The essay should be referenced and have a full bibliography attached.
The essay will lose 1 mark for each day or part thereof it is late. Papers may be handed in early to me personally or to my box (pigeon hole) beside the lecturers’ room, before they are due.
Essays must be word processed, in 12 point Times Roman or Arial font, with a spacing of 1.5 for the body of the text (but not footnotes), and spell-checked. The pages should be numbered.
Due date: Presentation and submission in Week 14 – 22nd November 2005
Late Submission: Loss of one mark for each day late.
Describe, in a paper of approximately 3-4 pages (excluding charts and diagrams), how you would undertake such an effort. A thoughtful, thorough, neat Project Management Chart, showing key activities and events leading up to the manufacturing process would be a very useful planning tool. Employ management principles and techniques as learned in other management or business subjects, along with your own style and common sense.
INSTRUCTIONS
Hard copy only and prepared by using Spreadsheets for computation questions and word processor for Essay questions.
The essay should be done on an individual basis. DO NOT CUT AND PASTE FROM THE INTERNET.
The essay should be approximately 1,500 words in length. Adhere strictly to within 10% of the word limit. Marks will be deducted for failure to reach the minimum word limit, and answers exceeding the word limit will not be marked.
The essay should be referenced and have a full bibliography attached.
The essay will lose 1 mark for each day or part thereof it is late. Papers may be handed in early to me personally or to my box (pigeon hole) beside the lecturers’ room, before they are due.
Essays must be word processed, in 12 point Times Roman or Arial font, with a spacing of 1.5 for the body of the text (but not footnotes), and spell-checked. The pages should be numbered.
Due date: Presentation and submission in Week 14 – 22nd November 2005
Late Submission: Loss of one mark for each day late.
MGMT 302 Assignment 3
Globalization of operations is also an important change that managers have been experiencing in recent years. This class will specifically explore the management of process technology development for additional plants. One of the questions to be explored is how far a company should go in implementing "copy exactly"? The focus is on the level of automation to be used in the production of a new system, and whether all plants should use the same process technology.
What are the implications for both cost and flexibility of automation? Do you agree with the assertion that "If you automate, you stagnate?"
What are your recommendations regarding the issue of standardizing process technology across all plants? Are there motives behind this proposal, other than those stated in the case?
As Production and Operations Manager, how would you go about implementing your recommendation? How would you overcome resistance from the plants? As the plant manager at Asheville, North Carolina, what line of reasoning would you use to convince senior management that full automation is the less desirable alternative?
As the CEO, what option would you like to see pursued? How do various options fit into the broader corporate strategy of the company?
In general, when should "copy exactly" be used?
INSTRUCTIONS
Hard copy only and prepared by using Spreadsheets for computation questions and word processor for Essay questions.
The essay should be done on an individual basis. DO NOT CUT AND PASTE FROM THE INTERNET.
The essay should be approximately 1,000 words in length. Adhere strictly to within 10% of the word limit. Marks will be deducted for failure to reach the minimum word limit, and answers exceeding the word limit will not be marked.
The essay should be referenced and have a full bibliography attached.
The essay will lose 1 mark for each day or part thereof it is late. Papers may be handed in early to me personally or to my box (pigeon hole) beside the lecturers’ room, before they are due.
Essays must be word processed, in 12 point Times Roman or Arial font, with a spacing of 1.5 for the body of the text (but not footnotes), and spell-checked. The pages should be numbered.
Due date: Presentation and submission in Week 12 - 8th November 2005
Late Submission: Loss of one mark for each day late.
What are the implications for both cost and flexibility of automation? Do you agree with the assertion that "If you automate, you stagnate?"
What are your recommendations regarding the issue of standardizing process technology across all plants? Are there motives behind this proposal, other than those stated in the case?
As Production and Operations Manager, how would you go about implementing your recommendation? How would you overcome resistance from the plants? As the plant manager at Asheville, North Carolina, what line of reasoning would you use to convince senior management that full automation is the less desirable alternative?
As the CEO, what option would you like to see pursued? How do various options fit into the broader corporate strategy of the company?
In general, when should "copy exactly" be used?
INSTRUCTIONS
Hard copy only and prepared by using Spreadsheets for computation questions and word processor for Essay questions.
The essay should be done on an individual basis. DO NOT CUT AND PASTE FROM THE INTERNET.
The essay should be approximately 1,000 words in length. Adhere strictly to within 10% of the word limit. Marks will be deducted for failure to reach the minimum word limit, and answers exceeding the word limit will not be marked.
The essay should be referenced and have a full bibliography attached.
The essay will lose 1 mark for each day or part thereof it is late. Papers may be handed in early to me personally or to my box (pigeon hole) beside the lecturers’ room, before they are due.
Essays must be word processed, in 12 point Times Roman or Arial font, with a spacing of 1.5 for the body of the text (but not footnotes), and spell-checked. The pages should be numbered.
Due date: Presentation and submission in Week 12 - 8th November 2005
Late Submission: Loss of one mark for each day late.
MGMT 302 Assignment 2
Take the position of a consultant to Webvan. Write a memo to the CEO of Webvan, providing him with your assessment of the Webvan operations model and business model based solely on the information available in any 5 news or magazine articles obtained from the internet (These must be stated in the bibliography). Include in your assessment some analysis of the value proposition to customers as well as the value proposition to investors. (i.e., how profitable will Webvan likely be?) (Max length: 1000 words & two supporting exhibits.)
We all know that Webvan went broke. Feel free to take the position either that the business could make money (and provide the assumptions and/or analysis and/or creative ideas that support your position) or that the business is hopeless. If you take the latter position, you still need to back up your assessment with an analysis of why you concluded what you did. (i.e., what specifically are the flaws in the business model or operations assumptions?)
INSTRUCTIONS
Hard copy only and prepared by using Spreadsheets for computation questions and word processor for Essay questions.
The essay should be done on an individual basis. DO NOT CUT AND PASTE FROM THE INTERNET.
The essay should be approximately 1,000 words in length. Adhere strictly to within 10% of the word limit. Marks will be deducted for failure to reach the minimum word limit, and answers exceeding the word limit will not be marked.
The essay should be referenced and have a full bibliography attached.
The essay will lose 1 mark for each day or part thereof it is late. Papers may be handed in early to me personally or to my box (pigeon hole) beside the lecturers’ room, before they are due.
Essays must be word processed, in 12 point Times Roman or Arial font, with a spacing of 1.5 for the body of the text (but not footnotes), and spell-checked. The pages should be numbered.
Due date: Presentation and submission in Week 9 - 11th October 2005
Late Submission: Loss of one mark for each day late.
We all know that Webvan went broke. Feel free to take the position either that the business could make money (and provide the assumptions and/or analysis and/or creative ideas that support your position) or that the business is hopeless. If you take the latter position, you still need to back up your assessment with an analysis of why you concluded what you did. (i.e., what specifically are the flaws in the business model or operations assumptions?)
INSTRUCTIONS
Hard copy only and prepared by using Spreadsheets for computation questions and word processor for Essay questions.
The essay should be done on an individual basis. DO NOT CUT AND PASTE FROM THE INTERNET.
The essay should be approximately 1,000 words in length. Adhere strictly to within 10% of the word limit. Marks will be deducted for failure to reach the minimum word limit, and answers exceeding the word limit will not be marked.
The essay should be referenced and have a full bibliography attached.
The essay will lose 1 mark for each day or part thereof it is late. Papers may be handed in early to me personally or to my box (pigeon hole) beside the lecturers’ room, before they are due.
Essays must be word processed, in 12 point Times Roman or Arial font, with a spacing of 1.5 for the body of the text (but not footnotes), and spell-checked. The pages should be numbered.
Due date: Presentation and submission in Week 9 - 11th October 2005
Late Submission: Loss of one mark for each day late.
MGMT 302 Assignment 1
Career Homework Exercise
The Strategy Development Process consists of: · Considering the threats and opportunities in the firm’s environment, · Considering the firm’s strengths and weaknesses, and · Then developing a strategy that matches the firm’s strengths with the opportunities, while avoiding the threats and weaknesses.In order for you to start a meaningful and productive career in production and operations management (or elsewhere), you must perform the same process on your own individual level. The primary purpose of this exercise is for you to determine your own strengths and weaknesses.
1. Evaluating your enjoyable activities, competencies, and career interests. You should be able answer the following questions:
What industry(s) am I interested in?
What am I good at?
What type of activities do I enjoy?
Do I prefer a formal or informal environment?
Do I want to work in groups or alone?
What kind of salary am I looking for?
Do I work best at a steady or fast pace?
2. Determine at least five realistic career possibilities in Production & Operations Management, stating the positions and the industries.
INSTRUCTIONS
Hard copy only and prepared by using Spreadsheets for computation questions and word processor for Essay questions.
The essay should be done on an individual basis. DO NOT CUT AND PASTE FROM THE INTERNET.
The essay should be approximately 1,000 words in length. Adhere strictly to within 10% of the word limit. Marks will be deducted for failure to reach the minimum word limit, and answers exceeding the word limit will not be marked.
The essay should be referenced and have a full bibliography attached.
The essay will lose 1 mark for each day or part thereof it is late. Papers may be handed in early to me personally or to my box (pigeon hole) beside the lecturers’ room, before they are due.
Essays must be word processed, in 12 point Times Roman or Arial font, with a spacing of 1.5 for the body of the text (but not footnotes), and spell-checked. The pages should be numbered.
Due date: Presentation and submission in Week 6 - 20th September 2005
Late Submission: Loss of one mark for each day late.
The Strategy Development Process consists of: · Considering the threats and opportunities in the firm’s environment, · Considering the firm’s strengths and weaknesses, and · Then developing a strategy that matches the firm’s strengths with the opportunities, while avoiding the threats and weaknesses.In order for you to start a meaningful and productive career in production and operations management (or elsewhere), you must perform the same process on your own individual level. The primary purpose of this exercise is for you to determine your own strengths and weaknesses.
1. Evaluating your enjoyable activities, competencies, and career interests. You should be able answer the following questions:
What industry(s) am I interested in?
What am I good at?
What type of activities do I enjoy?
Do I prefer a formal or informal environment?
Do I want to work in groups or alone?
What kind of salary am I looking for?
Do I work best at a steady or fast pace?
2. Determine at least five realistic career possibilities in Production & Operations Management, stating the positions and the industries.
INSTRUCTIONS
Hard copy only and prepared by using Spreadsheets for computation questions and word processor for Essay questions.
The essay should be done on an individual basis. DO NOT CUT AND PASTE FROM THE INTERNET.
The essay should be approximately 1,000 words in length. Adhere strictly to within 10% of the word limit. Marks will be deducted for failure to reach the minimum word limit, and answers exceeding the word limit will not be marked.
The essay should be referenced and have a full bibliography attached.
The essay will lose 1 mark for each day or part thereof it is late. Papers may be handed in early to me personally or to my box (pigeon hole) beside the lecturers’ room, before they are due.
Essays must be word processed, in 12 point Times Roman or Arial font, with a spacing of 1.5 for the body of the text (but not footnotes), and spell-checked. The pages should be numbered.
Due date: Presentation and submission in Week 6 - 20th September 2005
Late Submission: Loss of one mark for each day late.
