Your business plan will be for a business you are interested in starting and you should be prepared to do outside research on various factors affecting this business.Chapter 6 in your textbook gives you an overview of a business plan and reference the content section of the course for a Business Plan Format Guide of how your plan should look.Information for preparing each section of your business plan can be found within the assigned chapters of your text.Although you can begin exploring possibilities for a new business and doing research on these businesses, you will not be ready to actually begin writing your business plan until after you’ve read Chapter 6.Note also that Chapters 7 through 17 also include information needed to prepare a good business plan.It will be helpful if you read ahead while working on your business plan. You will have the attachment with the instruction….. here is what i had on my discussion board 2 fr business plan . you can use this to elaborate the business plan. A
business plan is a critical aspect that every person starting up a
business should undertake. In most of the situations, a business plan
can help you in securing finance, understand the direction of the
business you are wishing to start, and create strategies that are meant
for achieving your goals. Without a business plan, it is likely that
your business will fail future since you don’t have direction on where
your business is going, or you don’t understand how to start your
business that will pick up after the start. Many people will fail simply
because they don’t know their goals, or if their strategies are
working. Moreover, a business plan helps you to be very competitive in
the marketplace and expand your business in the future. Starting a small
business can be very challenging; however, it can be immensely
rewarding in different ways, for example, personal fulfillment
(Morgaine, 2017).Assuming
that I need to start a small business, I would consider starting an
online boutique. Definitely, every human wears clothes, which is needed
to cover their nakedness. It is likely that many manufacturers on the
same have sprung up and I have seen them succeed. As the population has
grown, so does the demand for clothes. It is important to ensure that
the demand for clothes has been met. In starting an online boutique can
be very critical step since many people will be able to demand on them. I
will ensure different designs for my clothes. One of the major reasons
to start an online store is that people cannot do without putting on
clothes. Clothing stores have experienced major developments over the
years, and this means mine will thrive too, provided I have a business
plan.Starting
an online boutique is not a herculean task. However, it is very
important to consider the right steps that can transform the business. I
can face some challenges in starting an online boutique but this does
not discourage me from start my own. For example, I may face challenges
like competition because many other similar boutiques have sprung up.
Since I don’t have any customer in starting the business, it will take
time for them to consider my services. However, I will ensure that my
products are of great quality and capture the attention of many
personalities. The other challenge is cash flow. Cash flow is very
important in running a business. Especially is what makes a business to
operate successfully. Provided that there is no cash flow in my
business, I will have a challenge in this area since I need to manage my
business and operate successfully. With when my business will pick, it
is likely that I will be able to lack cash flow. The final challenge can
be profitability. In starting a business, it is likely that I will not
make profits as possible, or in some cases, I will make a loss (Saleem,
2017).Despite the challenges I will experience, a business plan will give me an opportunity on how to plan for effective success.Work CitedMorgaine B. (2017).Your Guide to Opening a Crazy-Successful Online Boutique. Retrieved from: http://articles.bplans.com/the-complete-guide-to-starting-an-online-boutique/Saleem, M. A. (2017). The impact of socio-economic factors on small business success. Geografia-Malaysian Journal of Society and Space, 8(1).http://www.mytopbusinessideas.com/challenges-start…
Business Plan
OVERVIEWResearch the last two years of financial statements for a publicly traded organization based in the United States. Then write a 10- to 12-page financial analysis that applies financial theories, methods, and analytical tools, including capital structure and financial statement ratio analysis.Note: The assessments in this course build upon each other, so you are strongly encouraged to complete them in sequence.SHOW LESSBy successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment objectives:Competency 1: Apply the theories, models, and practices of finance to the financial management of the firm.Analyze the financial statements of a publicly traded company.Competency 2: Assess the impact of ethical, regulatory, and tax considerations on financial policy decisions.Analyze the impact of ethical, regulatory, and tax considerations on financial policy decisions.Competency 3: Evaluate alternative methods of financing a firm in diverse economic environments.Analyze the impacts and risks of international trade on an organization’s financial statements.Competency 4: Integrate financial analyses into general business management planning and decision making.Evaluate financial analyses used for general business management planning and decision making.Competency 5: Communicate in a manner that is professional and consistent with expectations for members of the business professions.Communicate in a manner that is professional and consistent with expectations for members of the business professions.Competency MapCHECK YOUR PROGRESSUse this online tool to track your performance and progress through your course.Toggle DrawerRESOURCESSUGGESTED RESOURCESThe resources provided here are optional. You may use other resources of your choice to prepare for this assessment; however, you will need to ensure that they are appropriate, credible, and valid. They provide helpful information about the topics in this unit. The MBA-FP6016 – Finance and Value Creation Library Guide can help direct your research. The Supplemental Resources and Research Resources, both linked from the left navigation menu in your courseroom, provide additional resources to help support you.Internet ResourcesADDITIONAL RESOURCES FOR FURTHER EXPLORATIONThe following texts are designed to assist learners to master core concepts, solve financial problems, and analyze results.Ross, S. A., Westerfield, R. W., Jaffe, J. F., & Jordan, B. D. (2014). Corporate finance: Core principles and applications (4th ed.). New York, NY: McGraw-Hill. – Available from the bookstoreChapter 18, “Short-Term Finance and Planning,” pages 551–582.Chapter 19, “Raising Capital,” pages 583–618.Chapter 20, “International Corporate Finance,” pages 619–644.The text offers an introductory look at corporate finance.Welch, I. (2017). Corporate finance (4th ed.). Retrieved from http://book.ivo-welch.info/read/.Chapter 14, “From Financial Statements to Economic Cash Flows,” pages 355-385.ASSESSMENT INSTRUCTIONSWrite a financial analysis for a U.S.-based, publicly traded organization.To begin, research the latest two years of financial statements for a publicly traded organization based in the United States. Obtain the organization’s three most recent annual reports. You may choose any organization, as long as the data needed to complete this assessment is available to you.Then, write an analysis (10–12 pages) of your findings. Apply theories, methods, and analytical tools, including capital structure and financial statement ratio analysis. Address the following in your analysis:Analyze the financial statements of a publicly traded company.Identify the industry of the organization and present industry statistics.Perform a complete financial analysis of the organization’s financial statements for the last two years, including horizontal, vertical, and changes in ratios.Analyze the impacts and specific risks of international trade on the organization’s financial statements.What are the financial research sources to support your analysis?What specifics from the financial statements would be at greatest risk?Evaluate financial analyses used for general business management planning and decision making.Identify and analyze important segments (percentage of sales or subsidiaries).Analyze cash flows.Compare and evaluate the organization’s ratios against the industry averages.Analyze the impact of ethical, regulatory, and tax considerations on the organization’s financial policy decisions.ADDITIONAL REQUIREMENTSWritten communication: Written communication is free of errors that detract from the overall message.APA formatting: Format the title page, citations, references, and any tables, graphs, or charts according to current APA style and formatting.Number of resources: Minimum of 10 references, of which three should be academic journals and no more than two should be textbooks.Length of paper: 10–12 typed, double-spaced pages—not including the title page, references, tables, graphs, or charts.Font and font size: Times New Roman, 12 point.Financial Analysis Scoring GuideCRITERIANON-PERFORMANCEBASICPROFICIENTDISTINGUISHEDAnalyze the financial statements of a publicly traded company.Does not identify the financial statements of a publicly traded company.Identifies the financial statements of a publicly traded company.Analyzes the financial statements of a publicly traded company.Evaluates the financial statements of a publicly traded company; provides details and examples to support the evaluation.Analyze the impacts and risks of international trade on an organization’s financial statements.Does not identify the impacts and risks of international trade on an organization’s financial statements.Identifies the impacts and risks of international trade on an organization’s financial statements.Analyzes the impacts and risks of international trade on an organization’s financial statements.Evaluates the impacts and risks of international trade on an organization’s financial statements; provides details and examples to support the evaluation.Evaluate financial analyses used for general business management planning and decision making.Does not analyze financial analyses used for general business management planning and decision making.Analyzes financial analyses used for general business management planning and decision making.Evaluates financial analyses used for general business management planning and decision making.Interprets financial analyses for general business management planning and decision making; provides details and examples to support the interpretation.Analyze the impact of ethical, regulatory, and tax considerations on financial policy decisions. Does not identify the impact of ethical, regulatory, and tax considerations on financial policy decisions.Identifies the impact of ethical, regulatory, and tax considerations on financial policy decisions.Analyzes the impact of ethical, regulatory, and tax considerations on financial policy decisions.Evaluates the impact of ethical, regulatory, and tax considerations on financial policy decisions; provides details and examples to support the evaluation.Communicate in a manner that is professional and consistent with expectations for members of the business professions.Communicates in a manner that is not professional or consistent with expectations for members of the business professions.Communicates in a manner that is inconsistent with expectations for members of the business professions.Communicates in a manner that is professional and consistent with expectations for members of the business professions.Communicates in a manner that is professional, scholarly, and consistent with expectations for members of the business professions. Adheres to APA formatting guidelines and produces work that is appropriate for publication.
Financial Analyst
MGT 530 Saudi Electronic University Mod 7 Business Processes Discussion
MGT 530 Saudi Electronic University Mod 7 Business Processes Discussion.
Business processes are important to communicate an organization’s best practices as they leverage themselves against competitors. Some benefits of business processes are that in the long-run, gains may be realized in cost reduction, meeting customers’ expectations, and streamlining business operations. Business process management then focuses on workflow which may hinder good performance.Identify a business process for which there is not yet a workflow diagram, explain the situation, and devise a workflow to address the problem. Defend your workflow and identify any areas of concern that may hinder successful implementation and a proposed remedy to that concern.Embed course material concepts, principles and theories, which require supporting citations along with at least two scholarly, peer reviewed reference in supporting your answer. You are required to reply to at least two peer discussion question post answers to this weekly discussion question and/or your instructor’s response to your posting. These post replies need to be substantial and constructive in nature. They should add to the content of the post and evaluate/analyze that post answer. Normal course dialogue doesn’t fulfill these two peer replies but is expected throughout the course. Answering all course questions is also required.Hello Cristina,How are you?I need please MAX 2 Pages, MIN 1 Page ( More pages are optional)At least 2 references.Thank you
MGT 530 Saudi Electronic University Mod 7 Business Processes Discussion
San Jose State University US Government Questions Discussion
essay writer San Jose State University US Government Questions Discussion.
(Pick 2 and be prepared to answer them in 150-200 words each)TOTAL is around 400 wordsRead textbook below: from Module 1 to Module 71) In what ways is formal political power in the United States distributed and checked? What is the role of federalism and the system of “checks and balances” in this scheme? Is this system working in your opinion or is it often producing stalemate and inefficient governance? Why and how?2) Is American judiciary a conservative or a progressive institution? How and why?3) Is the U.S. a democracy of the wealthy or do you think poor and rich are equally represented in this political system? How and why?4) Did the framers go far by dispersing power in the U.S. system of governance that eventually ended up in an inefficient and dysfunctional regime or do you think this was necessary to preserve democracy and prevent tyranny? With the expansion of the presidential powers over the last century do you think the U.S. is getting closer to an autocracy than ever before? Why or why not?5) When do you think we can start the first day of democracy in the U.S., given the divisions and controversies based on race, gender, and class? Provide reasons and discuss the arguments of each side of this debate.
San Jose State University US Government Questions Discussion
Ethnic Differences and Bias in Rorschach Comprehensive System Discussion
Ethnic Differences and Bias in Rorschach Comprehensive System Discussion.
In previous weeks you have engaged with a variety of resources related to self-report inventories and performance-based, projective assessments, including the Rorschach. As you reflect on the readings, what topics generate strong opinions from you or spark your interest to learn more? Why do those resources elicit such a response?For this Discussion, review this week’s Learning Resources. Select two topics from the readings on the Rorschach about which you have strong opinions or are curious.With these thoughts in mind:Post by Day 4 a description of at least two topics from the Rorschach readings about which you have strong opinions or are curious.Be sure to support your post with specific references to the Learning Resources.
Ethnic Differences and Bias in Rorschach Comprehensive System Discussion
Resourcing and Talent Planning in UAE: Labour Laws and the Available Strategies Report (Assessment)
Question 1: Different Labour Market Conditions in the UAE and the U.S. The environment of a labour market might seem as convoluted and complex at first, yet, after scrutinising the phenomenon from different perspectives, one will realise that the rules by which the specified setting is guided are rather basic. Although the taxonomies used to distinguish between different types of market are numerous, the one that splits the existing markets into tight and loose is of particular interest due to the difference in the conditions under which companies in each market operate. By definition, tight labour markets are characterised by high levels of employment and the resulting drop in the real wage rates (Gillespie and Riddle 149). Respectively, when the levels of employment are low, the real wage rates increase, which makes the labour market loose. In regard to the UAE labour market, the propensity to tightening can be viewed as the most appropriate description since the specified environment has been displaying the propensity toward saturation recently (Sadaqat). Indeed, a look at the UAE labour market conditions will show that the unemployment rates within the specified setting have been declining over the past few years, whereas the real wage levels remain inconsistent, with a drop in 2018 and an expected increase in 2019 (“Real Salaries in the UAE Set to Drop in 2018”; Sadaqat). The observed situation can be deemed as unique since the UAE market currently fluctuates between “tight” and “loose,” while slightly gearing toward the former. In regard to other conditions in the UAE market, the youth employment levels are moderate, with most companies preferring to select experienced candidates. Another distinct characteristic of the UAE labour market is that it is geared significantly toward seeking employment in the public sector (UAE Government). Furthermore, the UAE labour market setting displays the propensity toward low participation rates among the members of its labour force, which can also be attributed to tighter markets and more rigid market conditions. Comparing the described setting to the U.S. labour market, one will find significant differences between the two and appreciate the unique situation within the UAE setting. In contrast to the UAE labour market environment, the American market is obviously tightening, with inflation rates rising and the real wage rates plummeting (“United States Employment Rate”). For instance, there is strong evidence that the American market has been overly saturated with workforce, with the levels of employment increasing exponentially (“United States Employment Rate”). According to the recent statistical data, while there have been minor predicaments with employment opportunities, the overall tendency in the American labour market can be deemed as highly positive, with the recent rise from 60% to 60.7% (see Figure 1) (“United States Employment Rate”). The described phenomenon is slightly different from the one observed in the UAE, where the rise in employment levels is consistent and uninterrupted. Moreover, the propensity toward tightness is much more pronounced in the American labour market setting since the wage rates have been less consistent. Figure 1. U.S. Employment Rates (2014-2018) (“United States Employment Rate”). Therefore, there are certain differences in the labour markets of the UAE and the U.S. While both display the propensity toward tightness, the trend within the UAE labour market is much more consistent toward tightness that in the American one. Furthermore, in the U.S. labour market environment, private organisations enjoy significantly higher popularity than state-owned ones, which represents a directly opposite situation to the one in the UAE (“United States Employment Rate”). The participation rates, in turn, are much higher than in the UAE environment, although the U.S. labour market also displays the tendency toward a decline in the levels of activism among employees. Thus, overall, the labour market situation in the UAE is quite different from the one in the U.S., which can be explained by differences in legal requirements, traditions, and economic specifics. Get your 100% original paper on any topic done in as little as 3 hours Learn More Question 2: The Role of the Government, Employers and Trade Unions In the UAE labour market environment, organisations tend to position themselves as global and strive at emphasising their positive characteristics, such as the high quality of products and services, the focus on traditional corporate values, and the support of employees by providing them with numerous benefits and opportunities (Nuseir 4). Since the public sector is the key area of the labour forces’ focus, the government plays a huge role in the UAE labour market environment. Specifically, the government ensures that people are provided with the skill set and level that will be appropriate for the labour market (Nuseir 5). The described detail is particularly important in the setting of the 21st century, when technological innovations disrupt the traditional course of the market development and require applicants to display a wide range of skills and abilities. Specifically, the UAE government has recently introduced the National Smart Government plan to enhance the process of youth education and to encourage young people to develop the abilities and skills that will be highly valued in the labour force market in the future (Telecommunications Regulatory Authority 3). The plan claims to provide guidance to employees and assist them in acquiring the skills needed for using innovative communication technologies (ICT) productively (Telecommunications Regulatory Authority 4). Therefore, it could be argued that the role of the UAE state authorities in enhancing employee education and supporting them in training is rather important. In addition, the UAE government has created the laws and regulations such as the Human Resources Law that entitles the UAE labour force to a set of specific rights and offers guidelines for managers. These guidelines are used in order to introduce the principles of the global leadership into the public and private corporate setting (Federal Authority for Government Human Resources). Employers, in turn, also take an active part in staff’s learning process, making various endeavours at spurring it. For instance, public organisations provide their staff members full access to courses for increasing their competence levels and offer opportunities for professional development. Since being a law-abiding citizen is not merely a civic duty but also a part of the UAE national identity, the UAE employers strive to meet the needs of their staff members as required by law. Therefore, the role of employers in the management of employment-related issues is quite high. However, it would be a misconception to assume that employers are left unprotected by the law. On the contrary, the UAE legal standards promote equality in the treatment of both employers and employees, which is reflected in the regulations such as Federal Law No. 10 of 2017 (Sebugwaawo). Thus, both sides strive to maximise each other’s benefit. Finally, trade unions that are supposed to play an important role in protecting the rights of the labour force by creating the platform for collective bargaining are non-existent in the UAE. According to the UAE Federal Law No. 8 of 1980 and the recent amendments to it, trade unions are not allowed in the UAE economic environment (Sebugwaawo). The specified measure has been introduced to address the scenarios in which employees abuse their rights and affect the performance of the organisations in which they work (Sebugwaawo). While the proposed approach was designed primarily to prevent migrant workers from disturbing the UAE economic environment, it has also affected the UAE labour force, in general, making it extraordinarily vulnerable to the choices that employers make. Therefore, while the current situation with the protection of employees’ and employers’ rights seems to be adequate in the UAE, further changes may be required to ensure that employees are not inherently dependent on the goodwill of the people who hire them. Although in the context of the contemporary UAE labour market, the specified issue is addressed by setting rigid boundaries for companies in terms of employee management, the current situation could use certain improvements involving a permission for trade unions at least for private companies. We will write a custom Assessment on Resourcing and Talent Planning in UAE: Labour Laws and the Available Strategies specifically for you! Get your first paper with 15% OFF Learn More Each method of recruitment and selection has its strengths and weaknesses. For instance, the analysis of competencies can provide a rather accurate analysis of a candidate’s abilities and skills, yet it also makes one overlook unique qualities of candidates that make them more suitable for the job. Screening is another tool for detecting the candidates that do not fit the profile completely. However, screening also takes a substantial amount of time. Shortlisting is a slightly less time-consuming strategy, yet it requires spending a lot of money. Interviews and, specifically, home interviews, give a clear idea of an employees’ qualities and competencies, yet they take a lot of time. Finally, work-sample tests give a general idea of how a candidate will make decisions in the workplace. However, these tests also fail to assess every possible scenario, thus offering not quite reliable results (Gillespie and Riddle 159). Question 3: Principles of Effective Workforce Planning. Description and Examples Effective workforce planning is an inherent part of any firm’s functioning since it allows managing the existing resources successfully and creates opportunities for organisations to maximise their profits. Several principles for workforce planning have been designed so far to assist companies in encouraging the development of skills in their employees and enhancing the performance of their workforce. These principles mainly concern developing an understanding of the workforce needs, meeting these needs respectively, and introducing tools for controlling employees’ performance (Gillespie and Riddle 114). By using a combination of strategies for investing in staff members and enhancing their productivity, an organisation can benefit significantly from workforce planning tool. A typical framework of effective workforce planning includes five key constituents. These are locating of the direction for a company’s development and the needs of its staff, building strong knowledge about employee and their needs, bridging the gap between staff members and an organisation by managing these needs, implementing the proposed change framework, and observing alterations with the following assessment of the results and institutionalisation of change (Gillespie and Riddle 117). The described approaches are designed to assist companies in building trust-based relationships with their employees by meeting their requirements and assisting them in their professional growth. Thus, the proposed strategies are expected to increase the levels of loyalty and CSR among employees and convince them to reciprocate the company’s positive attitude by developing Corporate Social Responsibility (CSR), maintaining workplace integrity, following corporate ethics, and meeting organisational standards in regard to quality. The first requirement of the effective workforce planning, which implies aligning the course for the company’s progress with the needs of its employees, is crucial to the effective management of workforce resources. By using the specified strategy, one invests in the positive relationships with staff members, thus ensuring that they will remain loyal to the company. For example, CEMEX UAE manifests that it is willing to encourage the professional and personal growth of its staff members by encouraging them to build a proper skill set and acquire new skills consistently (“Employee Development”). According to the information provided by the organisation, This strategy is reinforced by our CEMEX Training