1. Choose an example of a type of new company you could start, and then use this company idea to answer the questions below. You might choose to open a hair salon, a babysitting service, a record store, or many other things. This can be the same type of company you chose in assignment 8, or it can be different. a.
| | | Assignment 4 Instructions Save the file in your course folder, and name it with Assignment, the section number, and your first initial and last name. For example, Jessie Robinson's assignment 1R for Section 1 would be named Assignment1JRobinson. Type the answers to the assignment's questions. Use complete sentences unless the question says otherwise. You will have more than one day to complete an assignment.
Explain. 5 Which of the company’s resources and capabilities have the greatest competitive power? Are Coach’s resources and capabilities (1) competitively valuable, (2) rare, (3) difficult to copy, and (4) not easily be trumped by the substitute resources of rival firms. How well do Coach’s resources and capabilities match up with the industry’s key success factors? 7 What is your appraisal of Coach’s financial performance based on the data in case Exhibits 1,2 and 3?
Please discuss the method(s) by which your selected company has advertised their vacancies. 8. Outline the headings and content of a typical application form and if possible, print screen the application form of the company you have selected. 9. Please describe the Interview evaluation form and include examples of what your company might use.
You will have more than one day to complete an assignment. At the end of each day, be sure to save your progress. Review Lesson 4 of the Course Overview for instructions about turning in your assignments. Assignment Questions 1. Describe at least three specific individual differences that may give you an advantage in the workplace.
By expanding into the market of low cost tax accounting services this firm will be able to remain competitive and profitable. To successfully complete this goal, the company will hire non-Certified Public Accountant (CPA) tax consultants. Non-CPA tax consultants require less compensation than their CPA counterparts, thus aiding in the goal to reduce costs. By hiring non-CPAs, this firm will be adopting an ethical responsibility to clients, the public, and the non-CPA employees. The American Institute of Certified Public Accountants (AICPA) has published guidance on various ethical issues that may possibly arise from the shift in business strategy in this firm.
Old press – Originally purchased 3 years ago at an installed cost of $400,000, it is being depreciated under MACRS using a 5-year recovery period. The old press has a remaining economic life of 5 years. It can be sold today to net $420,000 before taxes; if it is retained, it can be sold to net $150,000 before taxes at the end of 5 years. Press A – This highly automated press can be purchased for $830,000 and will require $40,000 in installation costs. It will be depreciated under MACRS using a 5-year recovery period.
Now that we’re at the end of the class, retake the same questionnaire (See Doc Sharing for your file); however, at this time, complete the post-test column, total your score, and compare the pre- and post-test scores. Finally write a brief paragraph reflecting on what changes, if any, you observe in yourself as a critical thinker. Section Two: Your Personal Role Model/Leader (35 points) For the past few weeks, you and your team have been working on a Public Role Model/ Leadership Project. You’ve described your role model’s accomplishments, the significance of these accomplishments, and their impact on the world and you. Now, it’s time for you to identify a personal role model.
The durability of competitive advantage depends on the ease or difficulty to imitate distinctive competencies. The factors that make this task difficult is called barriers of limitation. A company needs to always present or act as if rivals are continually trying to nullify its source of advantage. So, these four building blocks will help companies lower cost and achieve differentiation. Efficiency is based on the cost of inputs required to produce a given output.
Choose all that apply. a. Inadequate sales volume from too much competition or too few customers are external factors outside the firm b. Size and growth pattern of the market as a whole c. Poor corporate image d. Less risk because the business model has proven itself to some degree 6. Training from a prior owner is important when purchasing an existing business because of which of the following reasons?