Recommendation Report Final Draft (2)

.docx

School

University of Nebraska, Lincoln *

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Course

220

Subject

Management

Date

Feb 20, 2024

Type

docx

Pages

11

Uploaded by LieutenantViper2542

Report
Rough Draft Author’s Note: 1. Topic: Recommendation to open a new location of Erwin's Jewelers in Lincoln. 2: Steps Taken: The first step that we took was to find a way to communicate with each other. We decided to make a group chat and use that to get updates and remind each other of upcoming deadlines that are due. Then, we met in class on the 28th of October and broke up the main topics that we were going to go over by the next class period on the 4th of November. On November 4th we broke down the sections in finer detail. We wrote out all of the sections on a google doc and then discussed who was going to do what section. We based it on who got the sources for the topic and who has to do charts for their topic. We decided to have all of the work done for our rough draft by the end of November 8th. Finally, we ran it through Grammarly and finalized our draft. 3. Strategies used: In this paper, we used the demographics of different groups of people to determine if the market should move Erwin’s Jewelers to Lincoln. We also used population statistics to determine if Lincoln will be a good fit. The final strategy we used was to discover an area that would be profitable for Erwin’s Jewelers. We did this by looking at the spots in Lincoln that have successful companies and found an area that is not packed with competition but still in a populated area. 4. Feedback desired: We encourage all feedback. Citing our sources is one of the things we would love a little bit of help with. We would also like to check the flow of the writing. 5. Members and Contributions: Kyle Davidson: Completed the Author's note and Target Market section. Kyle found the company and helped plan out who was going to do what part. Abby Flaugh: Completed the Recommendation, Rationalization, Summary, and References sections. Abby did a lot with the organization and the fine-tuning of the project. Owen Wolstenholm: Completed the Competition section. Owen did a lot of the source gathering and helped out with planning. Morgan Phillipp: Completed the Title page, Introduction, and Future Outlook sections. Morgan helped out with the organization of the project. Final Draft Author’s Note: Topic: Recommendation to open a new location of Erwin's Jewelers in Lincoln. 1
Steps Taken: To future develop this draft we took in consideration of the comments that were posted. We first read all of the feedback that was related to our section. We then reviewed the information with our group members to get another set of eyes on it. Then we corrected the mistakes that were made and read it out loud to ensure the flow of the paper was ideal. Finally we ran it through grammarly one last time to fix all of the grammar errors that we made and completed the draft. Group Assessment: Our group has improved the flow of the paper. We are very proud of how much we improved our flow of the writing. We also improved our word choice of our paper to make it less stale and more interesting. The part of the draft that we can improve on is our citations. Some of our group members found it hard to do the citations for their part. Feedback Desired: We are welcome to all feedback. We would like help with our citations. We would also like feedback with grammar of our paper. We ran it through grammarly but it is not perfect. Members and Contributions: Kyle Davidson: Completed the Author's note and Target Market section. Kyle found the company and helped plan out who was going to do what part. Abby Flaugh: Completed the Recommendation, Rationalization, Summary, and References sections. Abby did a lot with the organization and the fine-tuning of the project. Owen Wolstenholm: Completed the Competition section. Owen did a lot of the source gathering and helped out with planning. Morgan Phillipp: Completed the Title page, Introduction, and Future Outlook sections. Morgan helped out with the organization of the project. 2
Erwin’s Jewelers Co. Abby Flaugh, Kyle Davidson, Owen Wolstenholm, Morgan Phillipp Submitted to Erwin’s Jewelers Company Executives November 16, 2022 Table of Contents: Introduction 5 Recommendation 6 Rationale 6 Competition 7 Target Market 9 Future Outlook 9 3
Summary 10 References 11 Introduction: Erwin’s Jewelers specializes in diamond, bridal, and stone jewelry. Started in Bellevue, Nebraska, they carry an assortment of quality gifts for all types of occasions and have been successful since its creation. The company specializes in providing the finest jewelry and going the extra mile to take care of our customers and is looking to expand to another location in Nebraska. Lincoln is the capital of Nebraska and Lincoln provides creativity, innovation, and economic growth. The population and workforce are continuing to grow annually in Lincoln. Additionally, the University of Nebraska-Lincoln brings a ton of people to Lincoln. Not only does Lincoln have college students, but it also is a place for families and a variety of different communities which makes Lincoln a successful place for business. Our team (Abby Flaugh, Owen Wolstenholm, Kyle Davidson, and Morgan Phillipp) are current students enrolled in the College of Business at the University of Nebraska-Lincoln. We have conducted educational research as students and residents of the city and gathered useful information on the economic status of Lincoln. Abby is a first-year Accounting major with a minor in Management. She has held multiple leadership positions and jobs that have given her extensive experience in leadership, communication, and 4
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