Video Analysis Report BUSN 460 The issues that CanGo is facing at this time boil down to the lack of a solid strategic management process. The strategic management process is a way for CanGo to build a strategy that would assist the company in responding efficiently to new challenges. There are six steps that CanGo can implement to begin to build their strategic management process. These are creating a vision statement as well as a mission statement‚ conducting a SWOT analysis‚ setting long
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CanGo week 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
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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
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Weeks 3 & 4 Video Case Analysis REPORT INTENT: This report has been created to advise CanGo’s management as to appropriate courses of action needed to address various challenges facing the firm. This is the second report in a series of reports. This will cover the strategic planning for the operations and the financial planning for implementing new technologies. As well as a flow chart that will improve the telephonic procedures of customer service. This report will also review other issues
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Week 2 Video Analysis BUSN460‚ Senior Project‚ DeVry University Online WEEK 2 VIDEO ANALYSIS 2 Table of Contents of 6 issues facing CanGo: Issue 1: Absence of planning for the startup business ………………………………….. 3 Issue 2: Missing strategic planning for the future of the company ……………………... 4 Issue 3: Failure to utilize team strategic planning ……………………………………….. 5 Issue 4: Lack of direction and good communication practices …………………………. 6 Issue 5: Deficiency in communication and organizational/prioritization
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17 Reference Page………………………………………………………………………………………….18-20 Appendix A Competitive Analysis Chart………………………………………………....21 INTRODUCTION/EXECUTIVE SUMMARY: CanGo has propelled itself from fledgling retailer to overnight sensation with its offering of book titles and the promise of an online gaming division. P.R.A.C.T. Consulting group was honored to have the opportunity to outline and explain in detail what
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Introduction: Week 3 video starts by Jack argue with Warren the new layout that incorporates bar-coding and automated storage and retrieval systems (ASRS). they were discussion about simplifying‚ eliminating‚ automating and integrating and what the ASRS would do for the distribution facilities. Jack wasn’t looking into the company current financial situation and more looking ahead into the future and how with having this new ASRS and how much quicker it would be than with the current system that
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BUSN-115 Week 3 Assignment Robert F. Adams DeVry University Abstract The purpose of this paper is to answer the provided prompt from my instructor completely and satisfactorily. This prompt is: “The United States has several laws that are intended to further fair‚ balanced‚ and competitive business practices. Do you think that such laws are effective? If so‚ why? If not‚ why not?” I will address a few topics and attempt to support my position with supporting facts found from reliable academically
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Following up with our initial analysis last week‚ NewGen had the opportunity to review CanGo’s financial statement. The success of a business depends on its ability to remain profitable over the long term‚ while being able to pay all its financial obligations and earning above average returns. NewGen leveraged our knowledge of Investment rations‚ breaking our analysis down into four (4) key areas‚ efficiency‚ financial leverage‚ liquidity and profitability. Attached you will find our financial
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financial side of purchasing‚ installing and training the current employees on the new ASRS and also integrating it. Clark and Elizabeth try to tell them that the company really does not have the finances to do this at the moment. Solution: CanGo needs to start with just one ASRS system instead of purchasing two at this time so that they can see how product flows and if they really need second system. The cost of a ASRS system varies in size and how it functions within the warehouse. The cost
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