Preview

Cango's Business Analysis

Satisfactory Essays
Open Document
Open Document
417 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Cango's Business Analysis
The A-Team was contracted by Cango to provide recommendations for the management team to help improve their operations so the company can continue its success. During the initial analysis of CanGo’s operations it is evident the company is facing a series of deficiencies translating to the difficulties in maintaining a stable operating environment. CanGo’s small business mentality is getting the best you. There are several strategic recommendations we can provide CanGo that must be addressed immediately to assure its success.

Most of CanGo’s success has simply happened by chance and no formal analysis has been conducted of the business which should be performed to point out certain aspects that may not be apparent to you. CanGo has no
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Powerful Essays

    Haefren Baum Business Analysis
    • 784 Words
    • 3 Pages

    Haefren Baum Business Analysis

    Haefren Baum is a furniture retailer, established in 1965 and was incorporated in 1970. Haefren Baum receives its merchandise from Wiegandt GmbH Cologne, a nearby manufacturer, whose business relationship equals over twenty-seven years. The company has one retail location in Cologne, Germany and three recently constructed outlet stores in nearby suburban areas. Demand and product sales are influenced by consumer discretionary income. In 1993, an economic bust in the German economy resulted in a major dip in GDP. Demand for the industry is cyclical and is influenced by the overall economy. There is no evidence of seasonality. In response to the German economic downturn in 1993, the company began to open outlets with wide selections and lower prices to maintain sales volume. This was a trend used by all in the industry, but sales volumes were not affected and remained flat. As the German economy recovered, Haefren Baum’s business began to see fierce competition from European furniture retailers. This was a concern for the Wiegandt, who saw its retailers losing market share, and began aggressively advertising its brand. The strategies involving aggressive branding and offering wider selections at lower prices proved to be unsuccessful, mainly due to the influx of competition.…

    • 784 Words
    • 3 Pages
    Powerful Essays
    Read More
  • Good Essays

    Cerujugo Hr Case Analysis
    • 1050 Words
    • 5 Pages

    Cerujugo Hr Case Analysis

    From the assigned reading it becomes clear that there are a number of symptoms which suggest that beverage manufacturer and distributer Cerjugo SA is a company in crisis. The main signal that Cerjugo is not living up to its expectations is that its forecasted sales and profit targets, for its juice division, have not been met for two consecutive years this is especially troubling for a company which in the past boasted a 98% share of the beer market in Latin America. Beyond the lack luster sales numbers there are many other symptoms that Cerjugo’s juice division is ailing, such as reports that potential customers are not aware of the “freshness” and high quality of the product and the brand reputation is suffering accordingly, this is particularly problematic because the “freshness” of Cerjugo’s juice is their main value proposition. Fault lines are also starting to show on the personnel front, with increased turnover rates in their sales force as well as stresses between top executives at the company, which often has them battling one another. Recently, Cerjugo President Manuel Perreria heard that his Manager of Juice Manufacturing, George Novedads will be resigning to take a position with a rival company, a clear sign that things have gone amiss.…

    • 1050 Words
    • 5 Pages
    Good Essays
    Read More
  • Better Essays

    Cost benefit analysis CanGo
    • 1107 Words
    • 4 Pages

    Cost benefit analysis CanGo

    An ASRS (Automated storage and retrieval system) consists of a variety of computer-controlled systems for automatically placing and retrieving loads from defined storage locations. This type of system is utilized majorly for companies with a very high volume of loads being moved into and out of storage. The benefits of an ASRS system include reduced labor for transporting items into and out of inventory, reduced inventory levels, more accurate tracking of inventory, and space savings (Wikipedia, 2014).…

    • 1107 Words
    • 4 Pages
    Better Essays
    Read More
  • Powerful Essays

    Canco Ltd Case
    • 3508 Words
    • 12 Pages

    Canco Ltd Case

    How does Canco Ltd. improve the strategic positioning and profitability that could enhance its potential to compete in the industry? The company can use overtime to increase output in any plant to 20% above the plant's capacity. In western region the distribution costs are high while the manufacturing cost of eastern region is increasing in addition the tight labour market for skilled workers results in an increase of 15% in wages. The industry focuses on domestic market and the company has to face competition from the Beaver’s low priced products.…

    • 3508 Words
    • 12 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Busn460 Week 1 - 2 Analysis Report
    • 3389 Words
    • 14 Pages

    Busn460 Week 1 - 2 Analysis Report

    CanGo, Inc., founded in 1996 by founder and CEO Elizabeth and her friend Andrew, is located in Hudson Valley. It is an online company that is able to offer a wide variety of books, music and videos to consumers and end users. In addition to that, the company also recently included online gaming service for a low subscription fee. Although it was stated in the video that the company quickly became the fastest growing company in Hudson Valley with its larger than expected growth over the last few years, it is clearly all by chance. They may have been growing tremendously, but the fact of the matter is that they don’t know which direction is best for the company to go. With that said, CanGo has hired All-Pro Consulting services to review and make suggestion on what the company needs in order to change its course, expand and continue its operation. We will review and list the twelve biggest issues facing CanGo, Inc. and recommendations that will help reduce or eliminate the issues.…

    • 3389 Words
    • 14 Pages
    Powerful Essays
    Read More
  • Best Essays

    Cango Week2
    • 2358 Words
    • 10 Pages

    Cango Week2

    Liz is the owner of the company and she is having trouble articulating the how and why she started the business and why they are successful. She is entrepreneurial, but very reactive and her strategy has been emergent thus far. To continue to grow the business, we suggest she develop a strategic plan starting with a mission statements, goals, and visions for the company and sharing that with the employees of CanGo.…

    • 2358 Words
    • 10 Pages
    Best Essays
    Read More
  • Powerful Essays

    Final Report - CanGo
    • 2171 Words
    • 9 Pages

    Final Report - CanGo

    All of CanGo employees have a college background. They use critical thinking and logical reasoning to solve problems. The employees are the backbone of the company that can help grow the business into a large corporation.…

    • 2171 Words
    • 9 Pages
    Powerful Essays
    Read More
  • Better Essays

    Analysis Report of Cango
    • 2019 Words
    • 9 Pages

    Analysis Report of Cango

    The company has recently been called a success story by the Hudson Valley Business Association. The CEO of CanGo, Elizabeth Bennet, has been named the Regions Business Leader of the year. Potential entrepreneurs want to know how and why CanGo became a success story. This leads to the strengths, weaknesses, opportunities and threats that this Internet Company has and faces in its entrepreneurial endeavors.…

    • 2019 Words
    • 9 Pages
    Better Essays
    Read More
  • Good Essays

    Pinnacle Week 6 Video Analysis Report
    • 1338 Words
    • 6 Pages

    Pinnacle Week 6 Video Analysis Report

    After reviewing weeks 5 and 6 video episodes, we the business consultants have found that CanGo still has some issues that must be corrected in order to operate and function effectively. We have carefully evaluated CanGo’s issues and will be introducing them as well as providing recommendations to make corrections to help improve the company’s problem areas. The first issue was the employee evaluations; very vague. Another that we have noticed is that CanGo is expanding too quickly, another issue that follows CanGo expanding too quickly is that they lack the financial capital to grow so quick. Since they are growing, they are relocating their staff into different positions to cover the new business they will be working on. Another issue is that the managers are trying to get employees to work even harder.…

    • 1338 Words
    • 6 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Video Analysis Report Team B
    • 635 Words
    • 2 Pages

    Video Analysis Report Team B

    Next week’s goal is to work for the final presentation. Do more research on what needs to be done for CanGo to improve their situation?…

    • 635 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    San Jacinto College Business Analysis
    • 842 Words
    • 4 Pages

    San Jacinto College Business Analysis

    A community college established in May 1960, San Jacinto College serves the communities and citizens of East Harris County, Texas with 28,326 students enrolled in the 2015 fall semester. San Jacinto has grown tremendously and so has the support for this college entity. As a taxpayer and student, it is important to know where the money is being utilized, how the school is operated and who to hold accountable in case a problem was to occur.…

    • 842 Words
    • 4 Pages
    Good Essays
    Read More
  • Good Essays

    Cango Week 2 Video Analysis
    • 1208 Words
    • 5 Pages

    Cango Week 2 Video Analysis

    Let me say first thank you for giving us the opportunity to evaluate your company’s operational process. It has been a tremendous experience to be in a company that started out small and grew to one of the leading businesses in the industry. CanGo does have a promising future ahead. During our evaluation over the past two weeks, we have noticed a few things that will be a problem in the future if not resolved. It seems that the company has been profitable by chance not because of planning. At this point we feel the need to work on the planning aspect and all that it entails. There are six key issues and recommendations that we have made that we know would help improve CanGo.…

    • 1208 Words
    • 5 Pages
    Good Essays
    Read More
  • Best Essays

    Business Analysis Part 1
    • 1789 Words
    • 8 Pages

    Business Analysis Part 1

    5. Bick, Julie “24Rools of Toilet Paper, A tub of salsa and Plasma TV. NY times, 28 Jan 2007 web 2 Apr 2012…

    • 1789 Words
    • 8 Pages
    Best Essays
    Read More
  • Satisfactory Essays

    Busn-460 Week 2 Analysis
    • 276 Words
    • 2 Pages

    Busn-460 Week 2 Analysis

    A vision statement provides clear decision making criteria for the company. CanGo is lacking this long term view and has not defined the world in which…

    • 276 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Sr Project Busn 460 Cango Wk 6
    • 1521 Words
    • 7 Pages

    Sr Project Busn 460 Cango Wk 6

    I have observed that CanGo is in the mists of making decisions on how to grow the company. They have found out that they cannot really fund all of the ideas they have for the growth. There was the suggestion to move employees around, or an IPO put in place or the company will never grow into anything bigger than what it is. They are focused on their competitions offerings and are worried they will be left behind if they don’t expand their offerings. Liz and Maria make a suggestion of moving employees down but are met with a debate that if they move the employees around it may cause problems in the long run. In part 2 of the video they decide to handle everything in-house, and begin talking of moving some of the warehouse to order fulfillment and are told that that it wouldn’t be cost efficient to equip them with new hardware. They suggest that they may need to speak with coach about it after all. Nick and Maria agree on this. Warren is speaking to Maria that they are borrowing from one person to pay the other person. Maria asks how they are going to finance these projects. Warren suggests that they need to prioritize what they are doing by looking at the pros and cons of what the employees are working on. Gail suggest pulling Whitney off servers to go work on the apps, warren tells her know that if the servers go down their business will too. But then warren suggests they might be able to get her to write codes for some of the new ventures. Maria suggest it may be a balancing act, warren tells Maria that if they are trying to get something for nothing the quality will dip unless they pay massive overtime. Maria tell s warren that Liz thinks this is a real priority, warrens seems to acknowledge what Maria says but then disregards it and asks nick his opion. They realize that quality must be maintained, Maria asks warren of the possibility of moving people around to prove it can’t be done, but warren reminds Maria that he didn’t say it couldn’t be done…

    • 1521 Words
    • 7 Pages
    Good Essays
    Read More