...Executive Summary | | 10 | Concise, no more than a half to three quarters of a page. | Originality | | 15 | Paper is an original work, and contains little content (very minimal, if at all) from team analysis reports or other submissions. | SWOT | | 20 | Each section clearly labeled, focuses on tactical and strategic management issues, and does not recount videos or issues with individual employees. | Market Analysis | | 20 | Market research and analysis on the state of the online shopping and gaming market: Size of market, demographics, market trends, potential , etc. | Competitive Analysis | | 20 | Market research and analysis on the state of CanGo’s competitors in various market segments. Research at least three competitor’s product and service offerings, detail their relative strength and weaknesses vs. CanGo. | Financial Analysis | | 20 | Analysis and recommendations of Can Go’s current financial state, the impact of your recommendations on the company’s finances, any necessary financial planning required. CanGo’s position vs. competition and industry average liquidity, debt, profitability and efficiency ratios – and what they all mean to the company. | Strategic Planning Recommendations | | 20 | Actionable market, competitive and financial guidance to the CanGo board supported by research, facts and figures – not generalizations. Ethics and social conscience should be considered and included | Conclusion | | 10 | Concise, no more than a half to three quarters...
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...Marginal Analysis CanGo wants to branch out and focus sales on other products other than books. They are taking on a lot of financial responsibilities that may not be worthwhile for the company. CanGo wants to make the online gaming venture successful and wants to venture into different types of online sales. Recommendation: #1. CanGo is in need of a marginal analysis. A marginal analysis would include economic view of how the company would spend its dollar. The analysis would also be able to show the company whether the money is being spent necessarily. It will also let CanGo know whether they are able to take on new business ventures. The marginal analysis will assist CanGo with analytical decision making. #2. By doing a marginal analysis this will help CanGo decide whether employee shifting would be feasible or whether they should hire new staff. Even though the company would not be able to determine the exact outcome of the decision, the analysis will give them a rough idea of what to expect. Cost Benefit Analysis CanGo has not currently had a cost benefit analysis done on the company. With a cost benefit analysis, it gives the company an analysis of a business decision that they are proposing. This will give them an idea on whether the company is financially stable to take on a new project or venture. The cost benefit analysis would include all costs associated with the new venture including warehousing fees and price that the product will be sold for. This is...
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...Although CanGo is very successful in their market they have experienced some financial strains due to some of their financial decision making. In 2009 CanGo purchased an online gaming company paid partially with proceeds from IPO or initial public offering. The investment itself can be risky because at times it’s difficult to predict what the stock will do in its initial day of trading and in the near future, in addition most IPO’s are of companies going through a transitory growth period which are subject to additional uncertainty regarding their future values. The purchase of the online gaming company wasn’t really an investment CanGo had to make since their only profitable division is the online book sales division. This additional investment can potentially cause a strain on CanGo’s overall profitability if the online gaming division doesn’t pay for its initial investment. After reviewing CanGo’s financial balance sheet from 2009, something that sticks out is CanGo’s efficiency ratio. The efficiency ratio is calculated by dividing the net sales by the average accounts receivable. The calculation of this ratio is important because it measures CanGo’s efficiency on collecting on credit and collection policies. With this ratio the lower the better because it shows the expenses are low whereas the income and earnings are high. When calculating CanGo’s efficiency ratio: $33,000,000/$50,000,000=.66 or 66%. Generally an efficiency ratio of 50% or less is good, however...
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...Financial Analysis First in this report, our team has prepared a detailed analysis of CanGo’s current financial condition, which included Income Statement and Balance Sheet reorganization and complete analysis of the company’s Financial Ratios. Next, we analyzed the impact of the anticipated 500% increase in Revenues on the company’s Income Statement. Lastly our team has prepared a detailed Cost Benefit Analysis, which includes our proposals to ultimately increase CanGo’s Cash Flow and Revenues, decrease Expenses and eventually increase the company’s Return on Equity by 8.17% and Net Income by $6,027,657. Balanced sheet and Income Statement reorganization: Simply the Best Consulting recommend reorganizing the current balance sheet for better read and faster analysis by adding rows for Current Assets, Fixed Assets, Current Liabilities, and Fixed Liabilities. We also suggest keeping the assets to the left side of the sheet and moving the Liabilities and Capital to the right. Implementing the above changes will make the company’s balanced sheet easier to read and analyze. With regards to the income statement, we recommend CanGo to make an additional line statement to reflect the total divisional revenues for the various departments and differentiate between the amounts of returns for each department. This will allow the company to analyze the departments better in terms of their sales and returns. The followings are the reorganized balanced sheet and income statement...
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...anGo Market Analysis The goal of this market analysis is to determine the attractiveness of an online gaming market and to understand its evolving opportunities and threats as they relate to the strengths and weaknesses of CanGo. CanGo is a business that has developed in the last few years. Currently CanGo is facing two major challenges: 1) Getting a stable online gaming system up and running as soon as possible 2) Preparing for an anticipated record holiday season. Strengths: The base of CanGo is the difference between being successful, or failing with the new on-line gaming; some of their strengths are: 1) On-line gaming System project is likely to be quickest and easiest to implement. 2) An established online multimedia deliverable system. Opportunities: Globally online gaming is on the upswing and is seeing growth in many geographic regions throughout the world. In social, Where risk is low we must ignore these issues, and not be distracted by them because the return on the investment is consider high in this type of projects (on-line gaming system). One of the opportunities is that the Geographical market can cover many countries, therefore more users, for the on-line gaming project. Weaknesses: Lack of time to organize the project CanGo is trying to be ready for the near holiday season, and money/resources are in short supply. The management team appears to be unprepared and not very good leading their teams to success. To handle all of these...
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...CanGo Business Analysis Team D DeVry University BUSN 460 October 14, 2011 Table of Contents Page EXECUTIVE SUMMARY............................................................................................................4 INTRODUCTION...........................................................................................................................5 SWOT ANALYSIS.........................................................................................................................6 FINANCIAL ANALYSIS...............................................................................................................7 Financial Strategic Recommendations...............................................................................8 MARKET ANALYSIS...................................................................................................................9 Market Strategic Recommendations................................................................................10 STRATEGIC PLANNING...........................................................................................................11 Planning Strategic Recommendations.............................................................................11 COMPETITIVE ANALYSIS.......................................................................................................13 Competitive Strategic Recommendations.......................................................................14 ...
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...Market Analysis Industry Description and Outlook CanGo is an Internet company that sells books and videos online and will soon offer online gaming services. The bookselling industry is rapidly changing as consumers shift from print to digital media and this means CanGo must also change their focus. The entire industry must change to meet consumer demands. Selling physical books depends on appealing to a large audience, but getting to a large audience depends on the timing of a books release, word of mouth that the book generates from readers, and the general economy. As a retailer CanGo can’t control any of these factors, but you can offer the products consumers want, adapt to changes in the market quickly, and maintain a loyal customer base. There are a number of sources available to provide current and historical book sales trends, but let’s look primarily at 2012 through 2013, the most recent years available. The total value of the consumer and educational book sectors combined will grow from US$101.6bn in 2012 to US$104.3bn in 2017 (Orchard, n.d.). She also makes a prediction for electronic books stating that “by 2017, electronic books, or e-books, will account for 22% of all book revenues globally, at US$22.7bn, up from 9% in 2012.” This is a significant increase given the recent economic challenges we have all faced since the global recession began in late 2008. Industry sales for 2012 fell just under 1% from previous years and this was primarily due to restraints...
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...CanGo is a rapidly growing business and is currently lacking a strategic plan in order to continue to grow and stay viable. Stealth Applied Concepts has been working together to develop many recommendations to increase future endeavors and to expand in order to reach customer needs. This report contains the final analysis of the business practices and recommendations for CanGo from Team D, Stealth Applied Concepts. Stealth Applied Concepts has analyzed CanGo for approximately seven weeks now, which consists of several findings and recommendations based off of that detailed analysis. The team goal was to analyze current business practices in order to determine what is working, as well as to identify what changes and improvements are needed. The final analysis reports consist of a detailed SWOT analysis in order to determine strengths, weaknesses, opportunities, and threats; it also consists of a market analysis, competitive analysis, financial analysis, and a strategic planning recommendation. This final analysis report should be...
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...Cango Week 2 Analysis Can Go Analysis Report BUSN 460 week 2 Can Go is a company with great ideas and visions for their future. They have identified a trend in the gaming industry that is certain to bring them success; online gaming. While they have a general idea of how this will be done, it is mostly in the mind of the boss. Delegating the investigation of how to attain these goals to his subordinates proves challenging as there is a good amount of disorganization within the company. There are varying levels of organization and strengths within the staff of the company. Debby seems to be the most knowledgeable and organized of the group while Nick feels that he is organized and on top of everything but he is gravely mistaken. His organizational skills leave something to be desired. The boss, “Coach”, is great at involving the group in regular communication gatherings where they are briefed on what is required of them that week/day. The boss is also strong at encouraging participation in these meetings. Debby seems to be the one person that brings everyone together to become a more cohesive team and one that thinks more clearly and in a more organized way. Debby is also great at teaching others how to best prioritize by using Gantt charts to map out their deadlines. I recommend that Debby acts as a type of supervisor and is allowed to guide the others to become more organized in their daily activities. This can be accomplished by identifying more of the moderately difficult...
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...Week 2 Analysis Report DeVry University Our DDM Consulting Firm has been hired to advise and help guide CanGo in the restructuring and planning their future endeavors. CanGo is a young fast growing company which is interested in expanding into the online gaming market. This analysis report is the first of a series of reports created by our company to examine CanGo’s current concerns and offer recommendations to fix these issues. At DDM Consulting we believe that success is a team sport and there is no I in team. In saying this, it is going to take the cooperation of the upper management, lower management and CanGo employees for this company to reach its full potential. By implementing our recommendations CanGo can look forward to building a stronger company foundation, a growing presence in the online gaming market place, and a general increase in company moral In this first analysis report we will be going over six most important issues that CanGo will have to address immediately in order to guarantee continuous company growth and longevity in the market place. These issues include: 1: Company Mission and Vision statements 2: Goal setting and deadlines 3: Strategic planning 4: Workplace communication 5: Management skills 6: Market research Now that we have provided our six main focus areas for improvement, let us dive into the matter further by discussing and exploring each of these issues in greater detail to show how they really affect the overall success of your...
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...-1 introductory video, CanGo seems to be doing very well in the market place. This was evidence by the telephone call that was made to Liz by the President of the Hudson Valley business association. When Liz was inverted to speak at the Hudson Valley business meeting to share her expertise with the rest of the business community, she could not define how the business was organized the system she and her management team have used to be so successful in the Hudson Valley. She could not clearly say where she came from as a business, where she is and where she will be going as a business. This seems clear to us that CanGo lacks a mission statement for the smooth operation of the business. If CanGo continue on this path, the company may and will experience major setbacks in areas of business growth and development, accountability and the ability to stay in the market places if other market forces come against her. Recommendation: CanGo like any other business is in the market place to survive and be profitable. Therefore if CanGo must survive and be competitive it must develop a mission statement as a foundation for survival. This statement will define the goals and operations of the business and the purpose for which it was established. 2. CanGo Ethical and Moral Values Due to the absence of an established mission statement the importance of ethical code of conducts cannot be overemphasized. The moral and ethical values of any establishment like CanGo, is based on professionalism...
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...CanGo Week Two Analysis Report DeVry University Bus460 Senior Project Instructor David Mozinski Introduction The Grad Consultants have spent the last two weeks observing CanGo and their business practices to help them determine the weaknesses within their organization. We will use our knowledge and experience to provide suggestions for improvement that will have a positive impact not only on CanGo’s bottom line but also on the morale of all those who are employed by the organizations. Elizabeth (Liz), who is the owner of CanGo, first conceived the idea of the company in 2006. Since then, the company has grown exponentially. According to the company’s intranet “Liz’s experience and education helped refine her vision of a business environment centered on the Internet revolution. Under her leadership, CanGo has grown from a small online book retailer to a leader in entertainment focused e-commerce”. Liz has done very well for herself and the company with the effort and ideas that she has used thus far. CanGo is growing so fast that she now needs help to show her how to be prepared for what could happen and what she wants to happen as a company. When there is so much growth and so much competition, Liz and CanGo need to have a plan. That is why we are here; to help the company stay successful even when they are considering expanding into a new market. During this research period, The Grads have come up with the top...
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...the organization exists and what it does, and is also a way of ensuring that everyone in the organization is on the same page. A mission statement also serves as a base line for effective business planning. A vision statement focuses on the organization's future; it can also robustly communicate the company’s purposes and inspire your team or organization. IFM consultants will meet with the Board of Directors to help define the company’s mission statement and vision. ISSUE #2: No Strategic Plan RECOMMENDATION: Once the CanGo mission and vision have been finalized and approved by the board, IFM consultants will develop a strategic plan through the following process: • Conduct a SWOT analysis • Review SWOT analysis and outline CanGo’s strengths, weaknesses, opportunities and threats • Define objectives, key strategies and short and long term goals • Define operational plan Once the strategic plan has been fully developed and approved by the CanGo Board of Directors, IFM will present the plan to leadership and ensure it is fully communicated to all employees. ISSUE #3: Poor Communication RECOMMENDATION: There is a lack of communication and organization between CanGo’s management and employees. It is IFM’s recommendation to create a communication procedure similar to that of a project communication plan but structured to meet the need of the organization. This communication plan will address the following questions: • What information, questions...
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...Go to the CanGo intranet found in the Report Guide tab under Course Home Use the financial statements from the most recent year to fill in the table below. You may find some formulae calling for an average, e.g., average inventory, average receivables. Because we only have the Balance sheet for one year, you can only use the one year number not an average. Assume interest expense is $0.00 Be sure to cite your references Ratio Formula (express the ratio in words) Detailed calculation (actual numbers from financial statements used for the calculation) Final number (final result of the detailed calculation) Explanation of why ratio is important Example: Term A/Term B (Term A divided by Term B) 1000/2000 .50 This is the explanation of the role of this ratio and why it is important Efficiency Ratio: Receivables Turnover Net Sales/Acct Receivable* 50,000,000/ 32,120,000 1.56 Measures how effective the company's credit policies are. A low ratio could be difficulty collecting or the company is too generous granting credit. The higher the ratio the better. Efficiency Ratio: Inventory Turnover Net Sales/ Total Inventory 9,000,000/ 32,000,000 0.28 Measure how efficiently the company is able to move its merchandise. Review of Industry norms and ratios to compare this company with others in the industry. Financial Leverage Ratio: Debt/Equity Ratio Total Liabilities/ Shareholder's Equity*** 94,900,000/ 141,000,000 67.30%...
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...Week 2 Team Project A meditation pool and platform I am going to oversee the design, permitting and construction process of a meditation pool and platform while maintaining an on schedule and within budget project. Team Members: Amy Boyd Project Manager Email address: amyboyd69@hotmail.com Gary Boyd Construction Coordinator Email address: garyboyd1@hotmail.com Denise Philhower Bookkeeper Email Address: mpurpleme78@hotmail.com Mary Boyd Government Liason/Permit Coordinator Email Address: Msboyd01@aol.com Think about what you love about being in the garden in terms of relaxing and offloading your stress. Take those memories and feelings and translate them into practical ideas of how you would like to see a meditation pool and platform aimed totally at relaxation and peace * Try to see this garden as an "outdoor room". It's a place where you'll go to relax, rest, and recline, so it will need to have features in it that you find comfortable, and comforting. PROJECT OBJECTIVE To construct a high-quality, meditation pool with a platform for a tranquil and relaxing place to visit within a budget of 65,000 . DELIVERABLES * A 320-square-foot meditation pool * A 3040 square ft. platform of brick pavers * With multiple 40 gallon planters scattered throughout the observation area with year round and seasonal foliage. MILESTONES * 1. Permits approved—July 15 * 2. Grading and site prep including compaction testing—July 20 weather permitting ...
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