Business Research Report
New product line recommendations
Table of Contents
Executive Summary 3
Introduction 4
Research Findings 4
Finding Number 1 4
Finding Number 2 5
Finding Number 3 5
Recommendations 5
Conclusion 6
References 7
Executive Summary
The company has recently decided to expand its product line to include a product that is a deviation from our traditional offerings. The expansion presents two potential outcomes. Outcome one has a potential for profit, incremental growth, and additional market share for the company. Outcome two has a potential for financial loss, reputation or brand damage and reduced market share. We have analyzed our current assets, liabilities, revenues, operational expenses,
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Cash on hand and Assets are important to account for when expanding into a new product line. When an accurate balance sheet is presented and all proper accounting is done, the company is able to leverage their financial strengths and not expose weaknesses when expanding into a new product line. The reasoning for such a strong focus on the balance sheet is to ensure that the capability to expand is present financially. Companies that have cash on hand and assets are displaying a positive indicator because it shows the ability to act and invest on demand. According to (Martin, 2002) “Cash is king regarding solvency, but customers shouldn't overlook a company's cash-burn rate” what this means is that even though there is cash on hand the ability to go through it is present especially when launching a new product lines in which case the ability to replenish cash reserves must present in the form of revenues.
Revenue generation is the way a company stays afloat, replenishes cash reserves, and pays bills. Without viable receivables, the company cannot effectively pay its bills and replenish cash reserves which forces it to be dependent on short and long term borrowing which forces it to operate at a loss and according to
When marketing any kind of product, the producer should take in to consideration the elements that will impact their business. If they can come up with solutions to these problems then they products are more than likely to succeed.
A balance sheet gives an overall picture of a company's financial situation by showing the total assets of a business, including liabilities plus equity. Current assets can include cash, accounts receivable, inventory and prepayments for insurance. The balance sheet is used by investors to get an idea of what the shareholders have invested, including
Our team decided to choose the “Broad Differentiation” strategy as the basic strategy for our company. We will attempt to differentiate our product line in several distinct dimensions. By providing products that are vastly superior and unique from our competitors and pricing the products with an affordable price, we can gain something that is beneficial for the company in the future, which is customers’ loyalty and awareness. We may change or modify our strategy for the next round depending how it performs against our competitors.
As a result, holding cash would be essential component of the firm strategy. To develop new products, buy new equipment or expand geographically, firm has to spend money on marketing research, product design, prototype development and so on. Moreover, if a recession hits and the economy start to slow down,
According to RCW 49.60.010, it prohibits discretion of race, creed, color, national origin, families with children, sex, marital status, sexual orientation, age, veterans and military, mental or physical disabilities. Under RCW 49.60.310, those who fail to obey RCW 49.60 are guilty of a misdemeanor. Imposing gender orientation in public bathrooms’ affects Washington State’s economy for small businesses, economics and finance, and urban/rural economic ties. There are three types of transgender individuals; Genderqueer (individuals who see themselves as both male and female), Gender non-conforming (individuals who do not conform to traditional gender roles), and transgender (individuals who are born as one sex, but identify with another).
Lastly, the company suggest to expand their current inventory through increasing production and capacity. With the increase in production rate the company can gain more consumers as a whole through supply and demand. Doing this would give the company an opportunity for more exposure and perhaps better brand recognition.
After completing 8 rounds of simulation, we achieved an encouraging result in all performance indicators like net income, market share, stock price and shelf space. Our core product ALLROUND also positions as a market leader after 8 rounds of struggling. Exhibit 1 to 8 shows the performance summary of ALLSTAR in each period. Exhibit 9 to 15 shows our performance in different performance indicator. We also summarize our strategies and tactics throughout 8 periods by 4P analysis, BCG matrix analysis and Aaker’s Brand Equity Model in the following sections.
In order to ascertain how well a company is performing, analyses must be done in regard to the business being stable, including its’ ability to pay debts, how much cash or other liquid assets are available, and whether the organization is viable enough to continue operations. These analyses typically look at income statements, balance sheets, and statements of cash flow, where current and past performance will be studied with the goal of predicting how the company will perform in the future.
The balance sheet (BS) is significant to a business due to its ability to provide a “snapshot” of a company’s assets and liabilities at any given time. This financial document is a cursory representation of a business’s health. The use of comparative BS whether it be yearly, quarterly, or monthly provides the interested parties a tool to observe trends that are positive, negative, or neutral to a company’s financial health (Finkler, Jones, and Koyner,2013) .
This report was commissioned to explore the opportunities of moving our company to a call center/ remote agent model. I will examine which technologies we would benefit from and how they would improve and expand our business.
Understanding the finances of a company is important but knowing the significance of the financial statements is crucial to the operations as well. Reviewing the statement of financial position, operating statement and statement of cash flows serve as a guidance to management and executives on the day-to-day activities of an organization (Finkler et al., 2013). For example, the statement of financial position (balance sheet) shows the assets and
The heart beat sensor TCRT1000 is used for continuous monitoring the heart beats of a user per minute. The pulse rate is the measurement of number of times the heart beats per minute and the heart rate. The arteries expand and contract when heart pushes blood through arteries. The heart rate is the measurement of pulse measured, but also it can represent the following.
The balance sheet of a company reflects exactly what a company owns and what it owes to others, making it a very important thing to be considered for stock investment.
Furthermore, if an organisation does not have enough cash resources in order to settle its current liabilities, this will highlight great inefficiency with stock turnover not being sold. A good company such as Sainsbury’s we see is healthy because revenue is recognised from inventories sold – this revenue allows cash to flow in order to pay for short term and long-term liabilities. It is evident that there are insufficient cash flowing into the company from investing activities and financing activities, which are shown by the brackets.
The management of cash is essential to the survival of any organization. Managing an organization’s financial operation requires knowledge of the economy and ways to maximize revenue. For any organization to operate on a daily basis adequate cash flow is required. Without cash management the organization will be unable to function because there is no cash readily available in case of inconsistencies in the market. Cash is also needed to keep the cycle of the company’s operations going.