Which, if any, of the SWOT variables is the most important, and where should a company begin and why?
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Which, if any, of the SWOT variables is the most important, and where should a company begin and why?
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- Why is forming a strategic IT plan difficult at most companies?Frank, the owner of Furniture Frenzy, received notifications from a collection agency that bills have gone unpaid. Frank reviewed the financial history and didn’t see any errors in payment. After investigating further, Frank found out that the accounts payable department was behind on paperwork, which led to late payments. How would you advise Frank to move forward? What business strategies should Frank put in place to avoid this situation in the future?Using facts provided in the case, conduct a strengths, weaknesses, opportunities, and threats (SWOT) analysis of AE AE had already gone through several rounds of funding (see Exhibit 1),7 and in June 2019, it had onemanufacturing centre with an installed capacity of 20,000–25,000 units. The manufacturing centre waslocated in Bengaluru, which was also the only city in which AE sold its smart e-scooters. AE had alsocreated a comprehensive public charging network called AtherGrid, which was launched in May 2019.With 31 locations in Bengaluru and 7 more in Chennai, AtherGrid was designed to provide a charginginfrastructure within 4 kilometres (km) of any commuter. Over the next five years, AE planned to set up anew manufacturing facility and additional charging infrastructure in several more cities, with the goal ofselling 1 million smart e-scooters annually. The company also planned to begin accepting pre-orders inother Indian cities, such as Chennai, Pune, Hyderabad, and Delhi, with a…
- How does a CRM system contribute to lead management, and what are the key stages in the lead-to-customer conversion process?You are an audit senior of Samyantwi & Partners and are in the process of reviewing the systems testing completed on the payroll cycle of Brown Industries Ltd, as well as preparing the audit programmes for the finalaudit. Brown operates several chemical processing factories across the country, it manufactures 24 hours a day, seven days a week and employees work a standard shift of eight hours and are paid for hours worked at an hourly rate. Factory employees are paid weekly, with approximately 80% being paid by bank transfer and 20% in cash; the different payment methods are due to employee preferences and Brown has no plans to change these methods. The administration and sales teams are paid monthly by bank transfer. Factory staff are each issued a sequentially numbered clock card which details their employee number andname. Employees swipe their cards at the beginning and end of the eight-hour shift and this process is not supervised. During the shift employees are entitled to a…From the statment below respond why she made the right decision at the time? I remember when Covid first started making its way around the United States. We had a protocol in place at work that if any of our co workers or clients ( or anyone in the household) tested positive that the people involved would have to quarantine then test negative to come back to the clinic. Also the owners would send out an email letting us know that someone tested positive so that if we had contact with that person but were not told prier, that we would be able to follow the above stated steps. The owner of our clinic was not informing us of anything and we were finding out about positive cases in our office just by talking with one another. I was going to meet with my boss solo and have a conversation stating that i was uncomfortable with the situation she has put me in. However i found that there were many others that were going to approach her as a group in a meeting requested by the staff. Since the…
- At what points in the planning process would you expect accounting/ finance, marketing, information systems, and operations to play a role? What inputs should these areas provide, and why?Chapman Inc. sells a single product, Zud, which has a budgeted selling price of $24 per unit and abudgeted variable cost of $12 per unit. Budgeted fixed costs for the year amount to $45,000. Actualsales volume for the year (47,000 units) fell 3,000 units short of budgeted sales volume. Actualfixed costs were $46,000. With everything else held constant, what impact did the shortfall in volume have on profitability for the year? (Round your answer to the nearest whole number; indicatewhether the effect was favorable or unfavorable in terms of its effect on operating income.)What are the key features of a CRM software that facilitate sales and lead management?