Design a detailed business plan for a new product, service, or business venture of your choice. This could be an idea you have been contemplating or a product presently being marketed, but your business plan must reflect the uniqueness of the idea. For example, it might involve the modification of a certain product based on the unique needs of your community or peer group. Follow the business plan outline provided in Table 8.1 of the course textbook.
Trace a real or hypothetical new product through the steps in the new product development process, including idea generation, concept verification and testing, actual development, and test marketing. Discuss the establishment of “go/kill” points, meaning the criteria used to determine whether to proceed with the new product idea or abandon it at various stages in the process.
The idea generation stage should include potential sources of ideas such as trend monitoring, serendipity, or customer focus groups. The concept testing stage should include possible modifications based on feedback from potential customers, such as asking customers how this new product idea compares with present ways of the need the new product is intended to satisfy.
Write an essay that compares and contrasts Psychoanalysis, Humanistic, Trait, and Social-Cognitive theories of personality development.Ensure that your essay is thoroughly supported by citing your textbook (Psychology in Modules by David Myer)&(Psychology Through the Eyes of Faith by David Myer). You are permitted only one direct quote. All other in-text citations are to be paraphrased and cited. This assignment must include a References or Works Cited pages that are not counted in the page count.
Assignment Content
Resource: Signature Assignment Entrepreneurship Funding Request Grading Guide
About Your Signature Assignment
Signature/Benchmark Assignments are designed to align with specific program student learning outcome(s) in your program. Program Student Learning Outcomes are broad statements that describe what students should know and be able to do upon completion of their degree. Signature/Benchmark Assignments are graded with a grading guide or an automated rubric that allows the University to collect data that can be aggregated across a location or college/school and used for course/program improvements.
Prepare an 18- to 22-slide visual presentation with speaker notes or a professional looking video requesting initial funding of $5,000-$500,000 to start and run a start-up company or a new project within an existing firm. The proposed start-up company could be a new idea, an existing business model, or a new business within an existing firm.
ERP implementations are at risk to extensive cost overruns. Discuss three of the more commonly experienced problems area.
Describe four advantages and four disadvantages of implementing an ERP system at a multinational corporation.
Why might a firm decide to implement only certain modules in an ERP system rather than a complete implementation?
Please add your file.
Group Portion:
ERP brings together all the functions of a company using one software program. When the “big-bang” approach is used, this is when the old system is shut down and the new ERP system is up and running, like going cold turkey. The “phased-in” approach is when only parts of the ERP system is implemented and when that part is up and running then the next part will be phased in.
As a group, complete the following:
After the core of an ERP system has been implemented, any of the modules may then be implemented separately. What is the implication of being able to implement an ERP system on a piece-by-piece basis?
Describe how an enterprise system can assist an organization in optimizing its value system.
Consider a business process that you have experienced at work, as a customer, or as a student. Examples might include any process in a work setting such as payroll and purchasing, or any process with which you have interacted, such as ordering from a Web site, obtaining a loan, eating at a restaurant, or registering for classes at your college or university. Describe the degree to which the steps in the process are integrated. What is/was the impact of that integration on you and on the organization?
Please add your file.
Prepare a Memorandum about applying the balanced scorecard to a place where you currently work or have worked – identify key performance indicators in each of the 4 perspective
This strategic business plan project is to enable students connect all their learning in the course with the CESIM simulation and the application in the real world. The Project aims to engage students in learning activities where they will apply knowledge gained during the course, and in so doing, work to achieve the learning outcomes.
a) This is a group project report by maximum 5 members.
b) You are required to prepare a 10 to 15 page strategic business plan for your organization based on CESIM.
Project Overview
This is a group strategic plan paper based on the simulation and all activities in the class. The report should start in week 5 at the commencement of the simulation because it is expected that students will continue to work on the project and incorporate changes made to the decision based on various factors and environmental changes.
Your Team’s Task
Your team is in charge of all decisions made by your company in the simulation. You will use this project to reflect on all decisions made (previous years), and will make in subsequent years. Each week represent a year, it is therefore important you look at a long term plan using various changes your company will face in each market as well as the strategic moves made by your competitors. It is important you clearly articulate where you are now, where you are going and also how you intend to meet your vision as a company.
Your presentation should be broken into these sections:
A) Background Information
Company overview – Name and Logo, various products and their factures and specifications, and any other information you feel you need to provide. Please include your mission, vision and core values and key management staff and their responsibilities.
B) Current Situation and Trends
Detail information on the market, competition, macro and microenvironment, and trends, including size and growth rates for the overall market and any key segments. Industry analysis, target customers, competitive analysis and advantage
C) Key Issues and Objectives
SWOT analysis for the organization and state how you intend to build on your strength, identify and pursue your opportunities, minimize your threats and improve on your weakness. Please state 4 SMART objectives for 6 years. The objective should cover: marketing and sales, production, research and development, finance and accounting.
D) Marketing Strategies/Action Plans
Detail steps and actions your team will take to meet each of the objectives for the 6 years. This should include what you have done in previous years and your long term plan and strategy for coming years. Also include overall strategy and operational tactics for each year
E) Key Performance Indicator
Develop various ratios on total sales, ROI and Profit analysis, and other ratios necessary to explain your projections for 6 years
F) Financial Projections
Financial statements for each year
1. establish yourself as an expert on the topic in the introduction. To do this, give background information about the issue you chose in the introductory paragraph(s), so the reader has a well-rounded understanding of the issue. Answer who, what, when, where, why, and how of the topic. This information must introduce and connect to the thesis statement.
2. have a strong, clear thesis that directly answers the research question you have chosen. This one sentence informs the reader as to what they can expect from the entire essay, so it is essential that you answer the research question clearly.
3. include clear topic sentences at the beginning of each body paragraph that elegantly state the main point of the paragraph.
4. use transitions sentences (not just words) to create connections between the ideas in your essay’s paragraphs. Transition sentences helps your reader feel at ease with your writing and feel that there is a natural flow. To create a transition sentence, find a commonality with the idea from the paragraph above and the new idea you will introduce in the paragraph below to create the transition sentence. It is placed in the last sentence in the paragraph above (see the outline example).
5. argue the main points/claims that support your thesis statement. Support those claims with extensive evidence, proof of critical analysis and explanation of how each piece of evidence proves the claim and the thesis statement.
6. use at least 4 reliable sources to support your claim. (DO NOT use Wikipedia, or any other wiki because information can be changed by anyone. Wikis are an excellent jumping off point if you have absolutely no idea about the topic, but you should research and find original sources.)
7. include 1 refutation to prove you are a credible researcher. Take the lawyer approach and address 1 possible objection that the opposing side has by using a direct quotation from an expert on the opposing side and then arguing why your claim is right and their logic is wrong. Attack the words in the quote and tear the meaning apart, not the person. Follow the example from the refutation lecture and include all 6 steps. The refutation is its own paragraph, right before the conclusion.
8. conclude the argument by providing a very brief rewording (not copy and paste) of the thesis statement, providing final thoughts, and investigating the wider implications of the issue. This is your chance to provide the reader with closure on the topic and your final chance to convince them that your point of view is the right one. Take the opportunity seriously and use it to your advantage.
9. have a catchy, creative and relevant title that reflects the tone (feeling) of the essay.
10. have no spelling, grammar, or sentence structure errors in your essay.
11. write 4-6 complete pages. A complete written page goes all the way to the bottom. Don’t mess with the line spacing, margins, or font. That is just annoying.
1) Provide an overview of what infrastructure systems are, provide an example of an infrastructure system (a real one), and discuss why infrastructure risk analysis is important.
2) Summarize (though in some depth) what the main approaches are that are used for infrastructure risk analysis using examples from class where possible. This part should summarize the relative strengths and weaknesses of these approaches.
3) Give an example of at least one network for at least 6 nodes and 10 edges, teach the students how to calculate three of the key network parameters (nodal degree, betweenness, and path length), calculate them for this network, and discuss why it is important to know these characteristics. You cannot use the network shown in class for this portion of the assignment.
4) Try to convince the students that they should consider studying risk analysis for infrastructure as part of their undergraduate work at UM.
Based on your readings and my critique of interest groups, do you agree or disagree with the critique?
