SWOT is an acronym that stands for strengths‚ weaknesses‚ opportunities‚ and threats. The SWOT analysis will help CanGo understand the opportunities that are available and what threats may affect its operations. Before moving forward CanGo needs to assess the position they currently have in the market place. The use of a SWOT analysis technique will be beneficial at this point and will serve as the baseline to elaborate on a strategic plan for the organization. Be Bold has been observing CanGo’s
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. 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
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Problem: CanGo has never prepared a SWOT analysis. This can lead to poor decision making and ineffective goal determination. Solution: Prepare a SWOT analysis which shows the company’s strengths‚ weaknesses‚ opportunities and threats. Strengths and weaknesses are often internal factors while opportunities and threats are external. CanGo needs to do a SWOT analysis in order to identify where they are strong and where they are vulnerable. To do a SWOT analysis CanGo needs to ask themselves the following
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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
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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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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
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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
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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
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Conclusion As we did the research for Apple Company‚ we could found out that Apple Company is well developed in a way of their products and services towards the users. Apple had innovated their products and taking the lead of the other company like Nokia‚ Sony Ericsson‚ LG and so on by its own touch screen hand phone technology selling on market to be one of the most influential in the share market of the nationwide. As to be seen‚ Apple focuses its strength on building up their branding power
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University of Phoenix Material Introductions and Conclusions As you begin to write the rough draft of your paper‚ think critically about how you might draw your readers’ attention in a compelling way. Consider how to create a rapport with the audience. For example‚ what areas of agreement may already exist between you and your readers? What does your audience need to make them interested in your topic? Types of Introductions One way to draw in the audience is to grab readers’ attention
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