1. Microsoft Office Suite offers applications such as Microsoft Word, Microsoft Excel, Microsoft Access, Microsoft OneNote & Microsoft Outlook. Tony’s can utilize these applications to generate contracts, track orders & listings, communicate with customers and generate reports. These programs will contribute to the productivity of the process flow and complement each other greatly. Microsoft Word offers several in built templates that can be used to generate contracts at no extra cost. Once these templates are created with Word, Tony’s will use Outlook to send the contracts electronically to customers. Unfortunately, Microsoft Office does not utilize electronic signatures, so while Tony’s will track contracts status better it will still …show more content…
Therefore Tony’s doesn’t expect to incur any recurring personnel costs as it there will be no pressing need to hire an IT support specialist. We performed a cost-benefit analysis (Figure 1) & projected Tony’s sales increase, recurring costs for the next 5 years and finally, the return on investment if it installs Microsoft Office. From our analysis, Tony’s should expect a modest sales increase of $24,000 over the course of Year 1. Based on evidence from similar investments, we attribute the increase in sales to Tony’s improved communication with clients and a more efficient Banquet Coordinator. Between Year 1 and Year 5, sales increase at a steady rate. Microsoft Office will put Tony’s in a better position than it currently is & in doing so will make the Banquet Coordinator’s tasks less difficult. Increased sales & more efficient business flow are crucial to Tony’s future success, however, Microsoft Office lacks some specific features that Tony’s needs such as Inventory Management, Costing & Recipe Management and an effective business process flow.
2. Utilization of a web based cloud suite such as Google Drive (Google Forms to generate contracts, Google Pages to track listings and to generate reports, Gmail to communicate to customers) Google Drive is a web-based cloud service similar to Microsoft Word that Tony’s can adopt to
Editing documents: Office suite software like Microsoft Office is one of the most commonly-used pieces of business software. However, it is often expensive to buy and can only be used on the computer it’s installed on. This isn’t a problem anymore as there are tools available that provide you an office suite (including word processing and spreadsheet options) that you can log in to online, from anywhere.
The company’s decision to defer revenues came at a time of significant growth in revenues—suggesting that the company’s decision to defer revenues was partially to dampen or “smooth” the company’s revenue growth. The company’s decision to defer revenue had the effect of reducing reported revenue growth from 88% to 64% in the first quarter of 1996 and increasing revenue growth from 4% to 15% in the first quarter of 1997. Even as reported the first quarter of 1997 represented the lowest quarterly revenue growth in the company’s history. While the timing of the company’s decision to defer revenues appears particularly opportune, the introduction of Windows 95 to the market provides a legitimate reason for the decision. As described in the case, the company expected to integrate its Internet technologies into both Windows 95 and Office 97 “at no additional cost to customers.” Arguably, then, sales of these products were improved by these
-The target market is It professionals and technology. It prove a additional cloud service for those development project that done in house
Mendel Paper Company has been doing relatively well with the sales of computer paper, napkins, place mats, and poster board. With more people eating out, the demand for napkins and place mats have increased. Computer paper and poster boards have slowly increased in demand as well. However, there is concern at the company with the fixed cost of operations. Marlene Herbert, the plant superintendent, said, “As we have automated our operation, we have experienced increases in fixed overhead and even variable overhead. And, we will have to add more equipment since it appears that we need even more plant capacity. We are operating over our normal capacity as it is.” (Case 2B). With the new production costs added in, will
In our second assumption, instead of using the cost of goods per cases in 1986, we try to use the percentage it counts in the total expenses which is 50.4% and to find the sales needed to break-even. The detail of the calculation is shown in the answer for questions d. The result is that 95,635, a little bit higher than the estimated sales of 90,000.
10. Follow a Cloud Lifecycle Model – Cloud technology will be constantly changing, and the model a business uses must change with it.
In this analysis, we included the overhead expense for 1972-1977 because as the project begins to gain a foothold in the market it will acquire a larger market share and will become a larger portion of General Foods’ overall dessert sales. Also, the agglomerator and excess capacity was charged
Microsoft offers some unique perks including free soft drinks in the break rooms, well-stocked cafeterias, and on-site convenience services such as dry cleaners, post office, lunch delivery, and dinners to go (Taub).
a. Assuming the most current operational cost levels, what sales must it generate to recoup the above investment?
One assumption made was the investment in improving customer service would be restricted to North American stores (4,574) from our calculations regarding the forecasted cost of $40 million. As mentioned in the case, “the company had plans to open 525 company-operated and 225 licensed North American stores in 2003.” (MOON, 2006) Consequently, these were the figures used to determine the
Microsoft's other well known products include, Word, a word processor; Excel, a spreadsheet program; Access, a database program; and PowerPoint, a program used
such as storage and distribution, while maintaining customer service. The idea is by using the
In order to succeed today, organizations that are competing in global markets are increasing rapidly. The increased use of technologies such as the Internet, intranets, and extranets will definitely revolutionize how businesses will operate and how they will use computers to compete. The Internet and related technologies and applications have changed the ways companies operate their businesses processes and activities. For example, companies can network their offices and share data to be more effective and efficient. However, excessive use of the Internet, intranets, and extranets also create intense
This will help the company to deliver product and services that satisfy customers, hence increasing profitability.
Microsoft Office is a set of programs to serve different purposes for business or personal motives and developed by Microsoft Corporation.