Executive Summary CanGo A successful internet startup company‚ CanGo has grown from a small retailer of books to an online retail hub where customers can purchase games‚ movies‚ music‚ and books. CanGo is looking to move forward into new and emerging markets such as online gaming while seeking to enhance their current operations through the use of technology. In order to help address any issues which may occur because of these proposed changes‚ CanGo has enlisted our consulting firm to help them
Premium Financial ratio Video game Financial ratios
2 BUSN 460 OVERVIEW Conducting an impendent Analysis for the CanGo Company. OBSERVATIONS After watching this video I observed that the manager at CanGo assigned one of his employees (Nick) to implement a plan for online gaming. Nick agrees to this task‚ however very shortly after the conversation he became very overwhelmed after realizing how much research and work that was involved. ISSUES From what I can see in the video‚ CanGo is faced with two major challenges: A) Getting a stable gaming
Premium Management Project management Bar chart
Analysis Inc. CanGo Business Analysis Team B DeVry University BUSN 460 Table of Contents Page EXECUTIVE SUMMARY............................................................................................................4 INTRODUCTION...........................................................................................................................4 SWOT ANALYSIS.........................................................................................................................5 FINANCIAL
Premium Management Strategic management Marketing
CanGo has moved from a small startup to a recognized growth company having a recent IPO offering. CanGo is currently lacking in a critical area for any business. It needs to focus on Strategic Planning. Strategic Planning will benefit CanGo by allowing it to: 1. Clearly define its goals consistently with its Mission and Vision statement. 2. Communicate effectively its goals to all of the organization. 3. Provide a foundation on which to direct future efforts. CanGo has the layers for a hierarchical
Premium Decision making
. Lack of communication between departments * Observations-Issues: Lack of business planning and communication between CanGo departments were observed where the employees are not working together to give updates and status reports on which work has or has not been completed or which needs completion. * Analysis-Recommendations: Mandatory weekly meetings with each department managers‚ supervisors and key employees on project updates should be conducted. Communication is tremendously important
Premium Management Project management Communication
This competitive analysis was conducted to aid in the development of CanGo‚ an online gaming website. This analysis focused on three competitors: Big Fish Games‚ iWin.com‚ and Pogo.com. The existence of these competitors indicates that there is indeed a market for online gaming. All of these competitors offer free online game play‚ game downloads‚ chat rooms‚ club memberships‚ and some type of prizes. This suggests that CanGo may be benefit from extending the online gaming website to include these
Premium Management Strategic management Marketing
Financial analysis of CanGo CanGo has been growing rapidly ever since its formation. It experienced a greater than expected growth in revenues. However‚ the company is faced with some financial difficulties and so there is a need to take certain financial decisions. Also‚ it faces problems of controlling logistics related to growth. Rapid growth seems to be a blessing. However‚ it depends on the company’s ability how they deal with it. The holiday season of 2009 showed the company’s inability to
Premium Financial ratios Generally Accepted Accounting Principles Revenue
Assumptions: 1. At the beginning of 2009‚ CanGo purchased the online gaming company. This purchase was for cash‚ paid for through the proceeds of the IPO and results in goodwill. 2. 90% of the online book sales comes from JIT‚ the other 10% through the inventory which CanGo possesses. 100% of the CD/DVD/MP3 come through CanGo inventory. The result is that 80% of ALL sales is JIT and 20% is inventory. 3. There is one warehouse for shipping of books and one plant for manufacturing
Premium Balance sheet Generally Accepted Accounting Principles
think they are doing. 3. Take Warren’s advice and expand the numbers to 10 to give the reviewer more numbers to use. 4. Gail did not really express her opinions about Nick’s performance and how she felt in regards of his actions affecting the CanGo team. 5. when Warren was telling Nick about is job performance‚ Warren was not straight forwardEmployee assessments are vital to the success of a business. They allow you to give praise for a job well done as well as point out areas in the job
Premium Assessment Improve Employment
Nike ’s marketing strategy is an important component of the company ’s success. Nike is positioned as a premium-brand‚ selling well-designed and expensive products. Nike lures customers with a marketing strategy centering around a brand image which is attained by distinctive logo and the advertising slogan: "Just do it".[40] Nike promotes its products by sponsorship agreements with celebrity athletes‚ professional teams and college athletic teams. However‚ Nike ’s marketing mix contains many elements
Premium Nike, Inc. Yoko Ono John Lennon