They cannot accomplish their responsibility of internal control because they do lack the related business and financial training. Secondly, there is weak board. The broad was not functioning
Neither owner had experience in venture capital financing. Their due diligence in finding investment sources led them to find two perfect fits to the progression of their company: Alpha Ventures and Mega Fund. But, the two are neither proficient nor knowledgeable about how to analyze the two term sheets for their best interests. This analysis will break down each spectrum of the term sheet to decipher the proper fit and best case for Trendsetter, Inc. I will say ahead of time that I believe Alpha’s term sheet is the better of the two, given that negotiation could be obtained though some clauses such as escrow shares, liquidation preference, compensation committee and board make-up.
• Management may be spread too thin – All managers were pressed by the requirements of everyday business. • Management group works informally with a minimal amount of structured reports and controls. • Overall, mgmt. appears stretched very thin – may lead to stagnant innovation, employment turnover, etc. • Specialty manufacturers in the international market are succeeding – domestic manufacturers not innovating • Manufacturing system is run primarily on estimates and requires constant change – possible use for a JIT inventory system?
It concluded that the company lacked the proper screening to eliminate unqualified personnel. They also failed to properly train the new campus recruiter; Carl Robins. This lack of proper training was the direct
There is only one institution on earth large enough, powerful enough, pervasive enough, and wealthy enough really to change that system and it’s the same institution that’s doing the damage.” The industry that Hawken is referring to is business, and Richard Branson agrees that “business as usual” is failing this planet. Most businesses are profit-driven with little to no thought of their environmental and humanitarian impacts. There is a prevailing
Chapter 1 1. All money market instruments are short-term debt. T 2. Businesses are never DSUs. | | False | | 3.
Conflicts: • Green’s Promotion o Previous experience is sales, no managerial experience o Favored by McDonald, similar backgrounds and likeability o Promoted “out-of-turn”, not by corporate hierarchy o Not chosen by Davis, • Different Working Styles o Green is result oriented, focused on big picture results o Green is not concerned with protocol and politics o Davis is focused on hard facts and physical data o Davis practices the formalities of bureaucracy • Lack of Trust o Davis did not choose Green, had no prior knowledge of his abilities o Green “publicly challenges” Davis in a Budget Meeting in front of group, stating “goals are unrealistic” and that focus should be placed elsewhere o Never established effective working relationship o Davis “micro-managed” Green by requiring constant updates, but this was primarily because Green did not communicate changes to him. • Lack of
CEO is a high school drop-out 3. Needs to keep the business small 4. High costs from many employees and 24-hour service | External | Opportunities | Threats | 1. Expand to fix other electronic products 2. Geographical expansion 3.
So were these 3 components missing in the firm? PAGE 4 PAGE 5 PAGE 6 PAGE 7 PAGE 8 4. What about commitment -- your second framework?Maybe not the Mayer model but you did mention another model. There is no mention of commitment leading to the job sat in your stand - if you don't think it is relevant, state that so your position flows logically. PAGE 9 RUBRIC: CRITICAL THINKING PROBLEM 1 - RELATIVELY WEAK 2 - MODERATE 3 - RELATIVELY STRONG 2 - Moderate EVIDENCE 1 - RELATIVELY WEAK 2 - MODERATE 3 - RELATIVELY STRONG 3 - Relatively Strong ASSUMPTION 1 - RELATIVELY WEAK 2 - MODERATE 3 - RELATIVELY STRONG 3 - Relatively Strong POSITION 1 - RELATIVELY WEAK 2 - MODERATE 3 - RELATIVELY STRONG 2 - Moderate
Case Study: Zing PC 1. What are the Major Problems facing ZingPC? * Losing the market share Zing PC is losing its market share because of Push strategy failing to comply specific customer needs. * Dysfunctional Logistics Dysfunctional Logistics occurs because there is no 3PL (third party Logistics Contractor) for inventory / supply and order deliveries to the customer, hence overloading company resources / expertise. * Lack of inventory Management Lack of inventory management and standardized parts not being used in manufacturing, due to unrelated inventory procurement of Zing PC.