BKM3 — BKM3 TASK 1_ PORTFOLIO
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PORTFOLIO
Daikerra Sweat
Western Governors University
Rodger Adair
12/6/2023
A: Subject: Overview of Sparkit Advantages, Challenges, and Mitigation Strategies
Dear Internal Staff,
I trust this email finds you well. As we prepare for the imminent launch of our groundbreaking product, Sparkit, I wanted to provide a comprehensive overview of its key features, potential challenges, and the strategies we are implementing to ensure its success in the market.
Firstly, Sparkit presents a significant advantage in terms of cost efficiency. The product facilitates a smooth transition for gas-powered engines to run on biofuels, tapping into the availability and low cost of this eco-friendly fuel source. This not only contributes to economic savings for consumers but also aligns with our commitment to a more sustainable future.
Our strategic partnership with a major automobile manufacturer is another noteworthy advantage. Their involvement not only validates Sparkit's effectiveness but also ensures compatibility across a diverse range of vehicles. Anticipating that 50% of existing cars can be retrofitted with Sparkit positions us for widespread adoption and future success in the market.
Disadvantages Strategies:
Notwithstanding, it’s of import to acknowledge likely challenges that may arise. One significant concern is the risk associated with customers attempting self-installation. A recent customer complaint highlighted this issue, where provided instructions did not align with the engine's layout, resulting in a non-functional vehicle. This not only affects customer satisfaction but also poses a risk to our company's reputation.
Another challenge is our dependency on Autojor, our external partner in Asia responsible for manufacturing a critical filter integral to Sparkit's operation. A recent natural disaster has disrupted 25% of our inventory due to the loss of Autojor's manufacturing plant, necessitating close collaboration to maintain a resilient supply chain.
Mitigation Strategies:
To address the self-installation challenge, we are intensifying efforts in customer education. Enhancing instructional materials and creating easily accessible online resources will empower customers to make informed decisions. Moreover, targeted marketing campaigns will actively
discourage self-installation, emphasizing the importance of seeking professional automotive assistance.
In addressing our dependency on Autojor, ongoing communication with our contact, Mateo Kalani, is crucial. Understanding their recovery plan and exploring alternative suppliers will ensure a more resilient supply chain, mitigating the impact of unforeseen events on our production and sales.
Thank you for your dedication and hard work during this crucial phase. Together, we can navigate these challenges and ensure Sparkit's successful entry into the market.
Best regards,
Daikerra Sweat
Business Manager
Sparkit
B:
Subject: Sparkit: Organizational and Financial Impacts - Informational Update
Dear External Stakeholders,
I hope this email finds you well. As we approach the launch of our revolutionary product, Sparkit, I want to share insights into the significant organizational and financial impacts this product is poised to create for our company. Your continued support and partnership have been instrumental in reaching this pivotal moment, and we want to keep you informed of the exciting developments.
Organizational Impact:
1. Strategic Market Positioning: Sparkit marks our entry into a transformative era within the automotive industry. By offering a transition package that enables gas-powered engines to run on
cost-effective and eco-friendly biofuels, we are strategically positioning ourselves as pioneers in sustainable transportation solutions. This innovative leap not only enhances our corporate image but also solidifies our commitment to environmental responsibility.
2. Partnership Synergy: The collaboration with a major automobile manufacturer remains a cornerstone of Sparkit's success. Beyond ensuring the product's compatibility with various
vehicle types, this partnership opens doors for potential future collaborations. As we anticipate retrofitting 50% of cars currently on the road, this strategic alliance is expected to evolve, potentially integrating Sparkit technology into the initial build of future vehicles from our partner.
Financial Impact:
1. Revenue Generation: Sparkit's unique value proposition, coupled with the anticipated widespread adoption, positions us for significant revenue generation. The cost efficiency of transitioning to biofuels is not only attractive to individual consumers but also to fleet operators and businesses seeking sustainable alternatives. As we have captured a substantial share of the market, we project a positive impact on our revenue streams.
2. Supply Chain Resilience: The recent natural disaster affecting our partner, Autojor, presents a financial challenge, but we are actively working to mitigate potential disruptions. Diversification of our supply chain, ongoing collaboration with alternative suppliers, and strategic planning will not only ensure the availability of critical components but also contribute to long-term financial resilience.
In summary, Sparkit represents not only a technological breakthrough but a strategic move that will reshape our organizational identity and financial landscape. We remain committed to transparency and look forward to sharing the success of Sparkit with you as we move forward.
Thank you for your ongoing support.
Best regards,
Daikerra Sweat
Business Manager
Sparkit
C:
Title: Sparkit Unleashed: Driving into the Future of Sustainable Mobility
Greetings, Sparkit Enthusiasts!
We are thrilled to bring you the inside scoop on our game-changing product, Sparkit – the transition package that's set to revolutionize the way we think about powering our vehicles. In
this blog post, we'll explore three distinct benefits that make Sparkit stand out in the crowded automotive market and what sets our product and business apart from the rest.
Distinct Benefits of Sparkit:
1. Cost Efficiency and Savings: Sparkit allows your gas-powered engine to smoothly transition to run on biofuels. The beauty of this? Biofuels are not only more environmentally friendly, but they're also incredibly cost-effective. You'll find yourself saving on fuel costs while contributing to a cleaner, greener planet.
2. Compatibility Across Various Vehicles: Thanks to our strategic partnership with a major automobile manufacturer, Sparkit is designed to work seamlessly with a wide range of vehicle types. Whether you drive a compact car, an SUV, or a sedan, Sparkit is tailored to fit, making it a versatile solution for individuals with different vehicle preferences.
3. Environmental Sustainability: Beyond the immediate benefits to your wallet, Sparkit represents a commitment to a more sustainable future. By reducing reliance on traditional fuels and promoting the use of biofuels, you become part of a movement towards eco-friendly transportation. Driving change is more important than just driving..
Setting Sparkit Apart:
What truly distinguishes Sparkit from other products in the industry?
1. Comprehensive Partnership: Our collaboration with a major automobile manufacturer isn't just
a badge; it's a testament to the comprehensive testing and compatibility assurance that Sparkit offers. This partnership not only validates the effectiveness of Sparkit but also paves the way for potential integrations in future vehicle models.
2. Innovation for All: Sparkit is not just a product; it's a step towards democratizing sustainable mobility. While other solutions may target niche markets, Sparkit is designed to retrofit 50% of cars currently on the road. We believe that innovation should be accessible to all, and Sparkit embodies this ethos.
3. User-Friendly Approach: Unlike complex, cumbersome alternatives, Sparkit is designed with the end-user in mind. Our easy-to-follow installation guides and strong emphasis on professional
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Related Questions
Required:
ii) Assuming you and your friend decided to go ahead and start this business,
identify specific tpes of financial and nonfinancial information that would be
required to run this business effectively.
Please give me the correct answers from experts.
Shorts and simple . Briefly.
########################### correct answers from experts.
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Section 1: Business Description, Vision & Mission:
Section 2: Description, Legal Structure & Location:
Section 3: Mission Statement & Company Overview:
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Section 5: Long-Range Vision (Where you see your company in 1-3 years):
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S/EMS initiatives for the ensuing year, to include the management of electricity usage.
A 15% cost reduction was agreed as monthly cost reduction in electricity use bills
starting from Quarter 2 of 2024.
Required:
i. Briefly outline key action steps you will consider and roll out towards delivering
on this extended scope.
ii. Determine and establish three (3) key strategic initiatives with highlight an
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iii. Demonstrate how success will look like and how you intend to effectively
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the growth in beauty stores, cafes and restaurants at the expense of book stores, CD and DVD stores.
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QUESTIONS
1.1 What are the main macro-environmental forces in the above news item?Do these forces/changes represent opportunities or threats for firms? Why?
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Multiple choice:
12. The philosophy of zero defects is
A. unrealistic
B. the result of Deming's research
C. prohibitively costly
D. consistent with the commitment to continuous improvement
E. an ultimate goal; in practice, 1 to 2% defects is acceptable
13. Multinational organizations can shop from country to country and cut costs through
A. lower wage scales
B. lower indirect labor costs
C. less stringent regulations
D. lower taxes and tariffs
E. all of the above
14. Strategies for improving productivity in services are
A. lean production, strategy-driven investments, automation, and process focus
B. separation, self-service, automation, and scheduling
C. reduce inventory, reduce waste, reduce inspection, and reduce rework
D. high interaction, mass customization, service factory, and just-in-time
E. none of the above
15.
A good description of "source inspection" is inspecting
A. the goods at the production facility before they reach the customer
B. goods at the supplier's plant
C.…
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developed for supporting these strategic goals:
1. Recreation and Wellness Intranet Project: Provide an application on
the current intranet to help employees improve their health. A recent study
found that MYH, Inc. pays 20 percent more than the industry average for
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employees. You believe that this application will help improve employee
health within one year of its rollout so…
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Give all three answers then only attempt. ....
QUESTION THREE
With reference to any project of your choice, justify the significance of the project cost control process.
QUESTION FOUR
Control Procurement is defined as the process of managing procurement relationships, monitoring contract performance, and making changes and corrections to contracts as deemed appropriate (PMI,2023). Considering this statement identify and describe the individual factors that are considered essential in informing the control procurement process.
QUESTION FIVE
Highlight the strategies that should be considered by project managers when managing procurement relationships, monitoring contract performance, and making changes and corrections to contracts.
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Article:
It is now 2015, and Smithfield's Custom Furniture has continued to grow. Its new product line of lower-priced furniture was an immediate sensation in the marketplace. The company now has 344 stores and 21,000 employees. The company now has a total of 12 international retail stores evenly divided among Spain (3), France (3), Germany (3), and England (3).
Margot Smithfield, Jonas Smithfield III's only heir, is now running the company. She has a master's degree in design and an MBA degree. She has been running the company for 3 years.
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Margot and her…
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Article:
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Margot Smithfield, Jonas Smithfield III's only heir, is now running the company. She has a master's degree in design and an MBA degree. She has been running the company for 3 years.
Margot Smithfield and the 12-member board of directors have been assessing an opportunity to acquire You Figure it Out, a moderately profitable 51 store chain of ultra-modern furniture. You Figure it Out's furniture and furniture-related accessories are all made in China and sold only in the United States. Their retail stores are located in Texas (6), California (13), New York (15), Nevada (4), Florida (9), and North Carolina (4).
Margot and her…
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Article:
It is now 2015, and Smithfield's Custom Furniture has continued to grow. Its new product line of lower-priced furniture was an immediate sensation in the marketplace. The company now has 344 stores and 21,000 employees. The company now has a total of 12 international retail stores evenly divided among Spain (3), France (3), Germany (3), and England (3).
Margot Smithfield, Jonas Smithfield III's only heir, is now running the company. She has a master's degree in design and an MBA degree. She has been running the company for 3 years.
Margot Smithfield and the 12-member board of directors have been assessing an opportunity to acquire You Figure it Out, a moderately profitable 51 store chain of ultra-modern furniture. You Figure it Out's furniture and furniture-related accessories are all made in China and sold only in the United States. Their retail stores are located in Texas (6), California (13), New York (15), Nevada (4), Florida (9), and North Carolina (4).
Margot and her…
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Article:
It is now 2015, and Smithfield's Custom Furniture has continued to grow. Its new product line of lower-priced furniture was an immediate sensation in the marketplace. The company now has 344 stores and 21,000 employees. The company now has a total of 12 international retail stores evenly divided among Spain (3), France (3), Germany (3), and England (3).
Margot Smithfield, Jonas Smithfield III's only heir, is now running the company. She has a master's degree in design and an MBA degree. She has been running the company for 3 years.
Margot Smithfield and the 12-member board of directors have been assessing an opportunity to acquire You Figure it Out, a moderately profitable 51 store chain of ultra-modern furniture. You Figure it Out's furniture and furniture-related accessories are all made in China and sold only in the United States. Their retail stores are located in Texas (6), California (13), New York (15), Nevada (4), Florida (9), and North Carolina (4).
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Class Exercise– 15/7/21
To be submitted to email: jamesadbm@gmail.com
by 10 pm today. Failure to do so your attendance will be taken as
absent.
Research online on a company and its main product(s). (Preferably,
the company research on should have business in Singapore)
Questions:
1. Does the company have both physical store and online platform,
what are the differences?
2. Explain how the company understands its consumer needs and
wants, and consumer buying behaviour.
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1. Define the problem
a. clearly describe the most critical strategic problem facing Hālau Online
b. Justify the choices of the most critical problem facing Hālau Online by citing relevant factors which may be internal and/or external.
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Can you assist on the following attached document
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Credential: Strategy Planning Professional (SPP)
Explore the purpose, requirements, and career benefits of the credential.
Purpose
What knowledge, skills, or expertise does it help recognize?
What fields or industries is it relevant to?
How widely known or recognized is it?
Requirements
What is the financial cost for the credential?
What is an estimate of the time required to earn it?
What evidence needs to be provided to earn it, such as a portfolio, paperwork, exams, work experience, and so on?
Does the credential require renewal, and if so, how does one renew the credential?
Career Benefits
How might the credential impact a job application, or the types of jobs a person could reasonably apply to?
How might the credential impact pay or expected salary for a new role?
What specialized knowledge or skills would a person gain from earning the credential, and how might they benefit the organization?
Is the credential required or preferred for regulatory requirements your…
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4. Determine a strategy for Wal-Mart to improve online sales. 5. Write a report to management that describes the primary cause of the problems, a detailed plan to solve them, and show how the plan solves the problems and describe any other benefits it will provide
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2) Define critical success factors (CSFs) and key performance indicator (KPIs) and explain how the administration at a college might use a CSF, such as improving graduation rates, to create a list of KPIs necessary to achieve this goal.
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Under the topic of( Stage 3 Risk Assessment Process )
Answer these questions:
(A)
-Risk identification
-Risk register
-Profit and loss account -Balance sheet
-Industry betas
These are inputs for risk assessment process, briefly explain any 3 of them (explanation should not be more than 5-6 lines )
(B)What is CAPM analysis and for what purposes it is used in risk assessment process? (explanation should not be more than
5-6 lines)
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To: Disney + Marketing Executive
From: Sasha Terry, Marketing Consultant
Date: September 2021
Subject: Disney + Streaming Services Value Proposition
I. Market Segment Analysis
Determine and describe the current primary segment.The client has an interesting question. What target market can be perceived by current messaging for the product/service? Visit the public website for your company's product/service. Based on the information available and any other publicly available information, infer the primary target market based on the messaging you find.
Describe the primary segment you believe your company is targeting for this product/service. Focus only on this product/service (e.g., for Disney+, focus on just the streaming service, not the parks or other Disney offerings).
Describe the primary segment in terms of the behavioral,demographic, and psychographic characteristics for the segment. Give this segment an appropriate name. See, Segmenting and Targeting Markets and Customers…
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Analysis of various strategic actions (offensives/defensives; first mover/late mover;
expanding Loblaws scope of operations; outsourcing) that the company Loblaws utilizes to strengthen
its overall strategy.
Guidelines
• If the loblaws has used any of the additional strategic actions (i.e., offensives/defensives, first mover/late mover, expanding its scope of operations, outsourcing), you are expected to make a clear statement about it and provide clear evidence to support your statements. However, if the company has not used some of the actions, there is no need to discuss them.
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Gross Domestic Product (GDP): a) GDP measures: i) Total income earned by citizens of a country. ii) Total value of goods and services produced within a country's borders. iii) Total government spending in an economy. iv) Total exports minus imports.Correct Answer: ii) Total value of goods and services
don't use chat gpt answer .urgent
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Planning is an essential part of achieving our goals and objectives. Whether it's a personal project, a business venture, or even a simple task, having a well-thought-out plan can make a significant difference in success. Effective planning involves setting clear objectives, identifying the necessary resources, establishing a timeline, and considering potential obstacles or challenges. It allows us to create a roadmap to guide our actions and decisions, making it more likely that we will achieve our desired outcomes.
Question: How do you ensure that your planning process is adaptable to unexpected changes and challenges that may arise during the execution of your plan?
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Q2. You are a Middle level manager in a Large Beverage manufacturing firm, which has a nation-
wide network of distribution. Demand has kept increasing for energy drinks but your firm
continues to function in the conventional soft drink arena. Decisions are not made timely about
packaging, price and other promotional matters nor towards addressing the environmental needs.
Therefore financial results are sluggish and market share is decreasing. You have been asked hv
your CEO to deliver your analysis report of the firm's situation and why it's taking place?
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Write sale dialogue with this sales call objective
In the next three months, the companies will set a goal of raising their sales promotion by 15%. Creating discount deals, instituting a point system, and other sales promotion activities are examples. Customers will be influenced to purchase products since they would be certain of receiving the same product at a lesser price.
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Good day.please help me with the following
Source: Rawes, E. and Coomes, K. 2019. What is Airbnb? What to know before becoming a guestor host. 13 September 2019. Digital Trends. [Online]. Available at:https://www.digitaltrends.com/home/what-is-airbnb/ [Accessed 10 February 2021].Additional reading:• Airbnb. 2019. Booking unique places to stay and things to do. [Online]. Available at:https://www.airbnb.co.za/ [Accessed 18 February 2021].• Airbnb. 2016. What is Airbnb? Travel Tips. 4 May 2016. [Online]. Available at:https://www.youtube.com/watch?v=XWUeChVZqgw [Accessed 18 February 2021]
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Our Mission"IIE MSA provides innovative and exceptional learning experiences to students in a way that ensures intellectual engagement and critical thinking. Our students are empowered to maximise their potential and equipped to meet real needs to advance the development of society".
Q1. Typically, a mission statement answers specific questions about a business. Evaluate at least five questions that the IIEMSA mission statement answers.
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