CANGO’S WEEK 2 ANALYSIS CanGo’s Week 2 Analysis. A Team Consulting DeVry University BUSN 460 Senior Project Instructor: Jessica Keyes July 17‚ 2013 CanGo’s Week 2 Analysis As CanGo keeps growing as a leading business in the online entertainment industry‚ it requires some changes to face the challenges growing businesses have. Team A Consulting‚ one of the best consulting groups in the nation‚ will create a plan of action for CanGo to continue their success as an online
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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
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Week 7 Analysis Report Introduction It seems like some of the staff at CanGo is very eager about getting into the online gaming market. So far there hasn’t been that much research done on the market and they don’t know what type of potential‚ or lack thereof‚ for CanGo. Liz is taking a good approach by letting everyone speak their mind and not getting sucked into what everyone else wants. She has taken a very objective approach in listening to everyone’s pros and cons. Analysis When going
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CanGo Analysis Report Consultants BUSN 460-Team 1 CanGo Analysis Report 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.
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Week 1 Clip 1 Scenario: Julian‚ the President of the Hudson Valley Business Association‚ places a phone call to Liz to inform her she has been nominate the Regions Business Leader of the Year and that she will be expected to deliver a speech at the next Association meeting about the "How and why of CanGo’s success". During the conversation Julian goes on to describe Cango as the "Fastest Growing Company in the Hudson Valley" and as a "Success Story." Liz is obviously flattered and elated by this
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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. 4. There are three divisions:
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|Cango | |Analysis Report | |Individual | |
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SWOT Analysis: Swot stands for strengths‚ weaknesses‚ opportunities‚ and threats. The SWOT analysis will assist CanGo understand the opportunities that are obtainable and what threats may have an effect on its business. Before moving onward with new ventures CanGo needs to evaluate the arrangement they currently have in the market. Performing a SWOT analysis technique would be very beneficial at this point and will serve as the baseline to elaborate on a strategic plan for the organization.
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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 analysis summary matrix
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Competitive Analysis A competitive advantage is gained by offering consumers greater value‚ either by means of lower prices or by providing greater benefits and service that justify higher prices. For an E-Commerce Organization such as CanGo the competition is extremely high and requires an organization to make precise business decisions as there is very little room for error. A lack of planning and pursuing poor business ventures is a recipe for disaster and in many cases organizational failure
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