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Business Objective

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Business Objective

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Business Objective: Assignment Details

Assignment Description

You will create this assignment following the Assignment Detail instructions below.

Review the tutorial How to Submit an Individual Project.

Assignment Details

A company must establish business objectives. The company uses various business strategies, processes, and tools to achieve its goals. A key performance indicator (KPI) is a measure that aligns with a business objective to help determine whether the company is on track to meet the purpose. The company will identify and monitor KPIs to determine whether the company is performing to the level necessary to achieve its objectives. If not, the company will make needed adjustments to the business operational processes to improve performance to meet the measure outlined in the KPI.

Use this template to complete the assignment: Unit 3 Template.

For this assignment, complete the following:

The introduction should introduce the reader to the business operational processes to improve performance to meet the measures outlined within the KPIs. Discuss how the company should use at least 1 of the processes and at least 1 of the tools to implement the strategy. Discuss how this process or tool strategy will help the company achieve its objective. How will the business objective identified help the company know whether it performs well enough to meet its goals? What are the strategies and associated processes and tools to help the company achieve the KPI? The conclusion should summarize key points from the business operational processes that you discussed.

Your performance analysis should be 5 pages in length. Be sure to properly cite your sources using APA. Include your references and in­text citations.

Submitting your assignment in APA format means, at a minimum, you will need the following:

Title page: Remember the running head. The title should be in all capitals. Length: 5 pages minimum Abstract: This is a summary of your paper, not an introduction. Begin writing in third person. Body: This begins on the page following the title page and abstract page and must be double­spaced (be careful not to triple­ or quadruple­space between paragraphs). The typeface should be 12­pt. Times Roman or 12­pt. Courier in regular black type. Do not use color, bold type, or italics, except as required for APA­level headings and references. The deliverable length of the body of your paper for this assignment is 5 pages. In­body academic citations to support your decisions and analysis are required. A variety of academic sources is encouraged. Reference page: References that align with your in­body academic sources are listed on the final page of your paper. The references must be in APA format using appropriate spacing, hanging indent, italics, and uppercase and lowercase usage as appropriate for the type of resource used. Remember, the Reference page is not a bibliography but a further listing of the abbreviated in­body citations used in the paper. Every referenced item must have a corresponding in­body citation.

Please submit your assignment.

For assistance with your assignment, please use your text, Web resources and all course materials.

Your assignment will be graded in accordance with the following criteria. View the grading rubric.

Assignment Reminders:

Please submit your assignment. Make sure you submit this assignment by the listed due date. Late deductions will apply for this assignment. Please refer to the Late Submission of Assignment policy. If you need assistance, please view the Troubleshooting tips.

1.  Resave in the proper format per the Assignment Detail instructions and resubmit. 2.  Submit with a different Web browser. 3.  Submit from a different computer. 4.  Call Technical Support at 877­221­5800, Menu Option 2. They are open 24/7. 5.  If you are still having difficulties after trying steps 1­4, please contact your course instructor.

Grading Criteria Points Possible

Deliverable requirements addressed; understanding of material and writer’s message and intent are clear. 50

Scholarly research that supports the writer’s position is properly acknowledged and cited, and direct quotations may not exceed 10% of the word count of the body of the assignment deliverable (excluding title page, abstract, table of contents, tables, exhibits, appendices, and reference pages). Inclusion of plagiarized content will not be tolerated and may result in adverse academic consequences.

40

Critical thinking: Position is well justified, there is logical flow, and examples are provided where appropriate. 40

Structure: Includes an introduction and conclusion and proper paragraph format and reads as a polished academic paper or professional presentation, as appropriate for the required assignment deliverable.

20

Mechanical: No spelling, grammatical, or punctuation errors. 15

APA: Deliverable is cited properly according to the APA Publication Manual. 10

Total 175

Reading Assignment Global Business Today:

Chapter 15, pp. 469­489

Assignment Objectives Differentiate how various business strategies, tools, and techniques are used to manage global operational performance.

Other Information There is no additional information to display at this time.

Legend Extra Credit View Assignment Rubric

Unit 3 ­ Individual Project

Assignment Overview

Unit:  High­Performing Global Operations Due Date:  Tue,9/13/22 Grading Type:  Numeric Points Possible:  175 Points Earned:  Deliverable Length:  5 pages minimum

Type:  Individual Project

Go To:

Looking for tutoring? Go to Smarthinking

Assignment Details Learning Materials Reading Assignment

My Work:

Online Deliverables: Submissions

 

 

Assignment Details

Assignment Description

You will create this assignment following the Assignment Detail instructions below.

Review the tutorial How to Submit an Individual Project.

Assignment Details

A company must establish business objectives. The company uses various business strategies, processes, and tools to achieve its goals. A key performance indicator (KPI) is a measure that aligns with a business objective to help determine whether the company is on track to meet the purpose. The company will identify and monitor KPIs to determine whether the company is performing to the level necessary to achieve its objectives. If not, the company will make needed adjustments to the business operational processes to improve performance to meet the measure outlined in the KPI.

Use this template to complete the assignment: Unit 3 Template.

For this assignment, complete the following:

The introduction should introduce the reader to the business operational processes to improve performance to meet the measures outlined within the KPIs. Discuss how the company should use at least 1 of the processes and at least 1 of the tools to implement the strategy. Discuss how this process or tool strategy will help the company achieve its objective. How will the business objective identified help the company know whether it performs well enough to meet its goals? What are the strategies and associated processes and tools to help the company achieve the KPI? The conclusion should summarize key points from the business operational processes that you discussed.

Your performance analysis should be 5 pages in length. Be sure to properly cite your sources using APA. Include your references and in­text citations.

Submitting your assignment in APA format means, at a minimum, you will need the following:

Title page: Remember the running head. The title should be in all capitals. Length: 5 pages minimum Abstract: This is a summary of your paper, not an introduction. Begin writing in third person. Body: This begins on the page following the title page and abstract page and must be double­spaced (be careful not to triple­ or quadruple­space between paragraphs). The typeface should be 12­pt. Times Roman or 12­pt. Courier in regular black type. Do not use color, bold type, or italics, except as required for APA­level headings and references. The deliverable length of the body of your paper for this assignment is 5 pages. In­body academic citations to support your decisions and analysis are required. A variety of academic sources is encouraged. Reference page: References that align with your in­body academic sources are listed on the final page of your paper. The references must be in APA format using appropriate spacing, hanging indent, italics, and uppercase and lowercase usage as appropriate for the type of resource used. Remember, the Reference page is not a bibliography but a further listing of the abbreviated in­body citations used in the paper. Every referenced item must have a corresponding in­body citation.

Please submit your assignment.

For assistance with your assignment, please use your text, Web resources and all course materials.

Your assignment will be graded in accordance with the following criteria. View the grading rubric.

Assignment Reminders:

Please submit your assignment. Make sure you submit this assignment by the listed due date. Late deductions will apply for this assignment. Please refer to the Late Submission of Assignment policy. If you need assistance, please view the Troubleshooting tips.

1.  Resave in the proper format per the Assignment Detail instructions and resubmit. 2.  Submit with a different Web browser. 3.  Submit from a different computer. 4.  Call Technical Support at 877­221­5800, Menu Option 2. They are open 24/7. 5.  If you are still having difficulties after trying steps 1­4, please contact your course instructor.

Grading Criteria Points Possible

Deliverable requirements addressed; understanding of material and writer’s message and intent are clear. 50

Scholarly research that supports the writer’s position is properly acknowledged and cited, and direct quotations may not exceed 10% of the word count of the body of the assignment deliverable (excluding title page, abstract, table of contents, tables, exhibits, appendices, and reference pages). Inclusion of plagiarized content will not be tolerated and may result in adverse academic consequences.

40

Critical thinking: Position is well justified, there is logical flow, and examples are provided where appropriate. 40

Structure: Includes an introduction and conclusion and proper paragraph format and reads as a polished academic paper or professional presentation, as appropriate for the required assignment deliverable.

20

Mechanical: No spelling, grammatical, or punctuation errors. 15

APA: Deliverable is cited properly according to the APA Publication Manual. 10

Total 175

Reading Assignment Global Business Today:

Chapter 15, pp. 469­489

Assignment Objectives Differentiate how various business strategies, tools, and techniques are used to manage global operational performance.

Other Information There is no additional information to display at this time.

Legend Extra Credit View Assignment Rubric

Unit 3 ­ Individual Project

Assignment Overview

Unit:  High­Performing Global Operations Due Date:  Tue,9/13/22 Grading Type:  Numeric Points Possible:  175 Points Earned:  Deliverable Length:  5 pages minimum

Type:  Individual Project

Go To:

Looking for tutoring? Go to Smarthinking

Assignment Details Learning Materials Reading Assignment

My Work:

Online Deliverables: Submissions

Managerial Accounting- Evelyn’s Sweets

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Managerial Accounting- Evelyn’s Sweets

Evelyn’s Sweets (Managerial Accounting- Evelyn’s Sweets)

https://geniusproessays.com/

Managerial Accounting- Evelyn’s Sweets: Evelyn has been working as an Administrative Assistant for the past four years. As a mother of an energetic five-year old, the part-time job has worked well for her. With Mick, her son, heading off to school next month (September 2022), Evelyn is considering new career options, perhaps starting in January. Her employer has been getting busier and has offered Evelyn full-time employment if she ever desires it. The full-time offer would transition Evelyn from an hourly rate of $21 per hour (she typically works 20 hours a week) to a salary of $44,000 per year (she is expected to work 35 hours a week).

In recent years, as Mick has grown up, Evelyn and her husband, Heath, have earned just enough to make ends meet. However, they are now looking to grow their savings while continuing to pay off their three-bedroom townhouse. As Heath’s income is expected to remain roughly constant over the near term, Evelyn pondering how she can boost her earnings. It’s not critical to amass more cash immediately as the couple has secured a $20,000 line of credit at 4.20% (there is no current balance and the rate expected to remain steady for the next year).

Evelyn has a natural talent for baking. Adults and children alike have complemented her cupcakes, cookies, muffins, etc. A fair number of them have told her that she could succeed if she were to start her own business. With some early planning/research, Evelyn has determined that the following sales numbers are reasonable for her first month of business, possibly January 2023:

Item Sales volume Sale price
Cookies- batch of 12 100 $6
Cupcakes- batch of 6 100 $6
Muffins- batch of 4 80 $8
Other N/A $500 (monthly total)

 

Evelyn has projected monthly fixed costs of $700 when she starts her business (these are currently incurred as living expenses though at lower rates such as depreciation of baking oven). There will also be approximate variable expenses equal to 38% of the sale price for each baked good (including other).

Evelyn has unused (and unfinished) space in her basement which can be used to build a bigger kitchen with storage. It would cost an estimated $14,000 to finish the basement, as well as an additional $5,000 in industrial-grade baking appliances (can only be installed in the basement due to input constraints). In theory, the basement, once finished, can be rented out at a rate of $800 per month, but, since purchasing the house seven years ago, Evelyn and Heath have opted not to finish the space for rental purposes.

With industrial appliances, Evelyn can bake, in addition to $1,000 worth of “other” goods, 500 items in total of cookies, cupcakes, and muffins (e.g. 200 dozens of cookies, 150 half-dozens of cupcakes, and 150 quartets of muffins) while working on a part-time work basis. Without industrial appliances, this volume could only be managed on a full-time work basis. Evelyn is wondering if the basement investment is worthwhile now or in the future. She wants a detailed analysis with all possible elements taken into consideration.

Evelyn is wondering how she may depreciate appliances. As her business is expected to grow, so will the use of appliances. Evelyn is wondering about how depreciation works, the most appropriate depreciation method for her needs, and how a sample monthly journal entry may look like.

Currently, Evelyn is projecting a growth rate of 4% per month compounding monthly for the first 24 months. This will be followed by annual growth of 7% per year for the next three years (at which point the business will be considered mature with no further growth). Evelyn is wondering if it is worthwhile to put some effort into marketing. By spending $200 a month on flyers, she believes the initial two-year monthly growth rate can be boosted to 4.25% (the growth rates after two years would remain unchanged).

By spending an extra $600 monthly on social media advertising, Evelyn can add an extra 0.25% to both the two-year growth rate as well as the three years after it. However, she is reluctant to use social media as she feels there may be some ethics issues. Evelyn is looking for advice on running an ethical business and wants a recommendation on the best marketing strategy for her.

Due to her administrative assistant experience, Evelyn is semi-aware of the importance of keeping accurate records and having a reliable accounting system. She wants you to give her some more advice on best accounting practices. Due to her busy schedule and slight disdain for numbers, Evelyn is strongly considering asking her friend Ryan to be a business partner with her. She is thinking of asking him to pay her $8,000 for a 30% share of the business. Additionally, he would be responsible for completing the bookkeeping and buying baking ingredients on a weekly basis. Without Ryan, these tasks would take 20% of Evelyn’s entrepreneurial work time. Evelyn wants a pros and cons analysis, as well as a recommendation, of taking on Ryan as a business partner (either now or in future).

 

Required: Managerial Accounting- Evelyn’s Sweets

Evelyn wants a detailed analysis of her business plan. She wants advice on ethics, business strategies, and other relevant matters. Evelyn welcomes any recommendations, as well as any questions to her which will help you better analyze her options. Please prepare a business memo to Evelyn, addressing all issues raised in this case.