Homework answers / question archive / explain all qustions Question: Assume you have to open an Electronic  Product retail shop, how to build an operating plan The Operations Plan The sections in an operations plan depend on the nature of your business

explain all qustions Question: Assume you have to open an Electronic  Product retail shop, how to build an operating plan The Operations Plan The sections in an operations plan depend on the nature of your business

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explain all qustions

Question:
Assume you have to open an Electronic  Product retail shop, how to build an operating plan

The Operations Plan

The sections in an operations plan depend on the nature of your business. For example, inventory management is vital in warehousing or manufacturing but you wouldn't expect to see it in a small service company. What should be included are the major functions that describe how you deliver value to your customers.

indicate how customer expectations are determined, the standards used to measure them, and how you plan to recover when service delivery goes wrong.

For the Operations Plan section overall, answer the following questions:

Space and Equipment

• Briefly list all the equipment, furniture, and vehicles you will need to run the business. List what you own and what you need in separate columns. Justify why you need them.

• For retail or consumer business, sketch a layout of the store design including service areas and traffic flow.

• For a wholesale or manufacturing business, sketch a layout of the work and storage areas including equipment and workflow.

Logistics

• Explain your systems for procuring and replenishing any supplies or consumables the business will use.

• Identify any subcontractors or suppliers that are part of your business's supply chain (not support functions). Explain the services or products they provide and the contract details required. Include professional services like accountants, lawyers, etc.

Methods and Procedures

• Briefly explain or chart the process used to make a proper typical client or customer transaction.

• Explain the methods or systems you plan to use for quality control, handling customer complaints, etc.

Systems:
a. Mention manual or electronic system you will use to record your core business process (scheduling, billing, inventory etc.)

b. Describe their level of integration and how they  will be maintained.
Organizations:

a. Outline who is responsible for doing what.

b. Identify who owns, manages and supervises different activities.

c. Describe how your compensation system will work. Identify who earns dividends, profits or wages and how they include any special agreements like employee profit sharing.

Regulation:

a. Any registration, license or permit required.

b. Identify any professional group or business association you belong to and explain the reason for your membership.

Reference:

Source Skinner (2015, p.96)

Instructions for your tutor:

I have to open an Electronic Retail Shop so I need detailed information regarding all the points that are highlighted above to open an Electronic Retail Shop with diagrams.

 

Question:
Q1.

Read through the article: Collaboration co-efficient: three keys to empowering workplace collaboration.

https://blogs.windows.com/devices/2016/09/20/the-collaboration-coefficient-three-keys-to-empower-workplace-collaboration/

Watch the video embedded in the article: Digital transformation: The Collaboration Coefficient.

Write a  brief overview of the article and the video, comment on how you feel about using technology for collaboration. Would you embrace it? What would be the advantages and disadvantages (for you)?

1.       Research one collaborative software tool that could be used for distributed workers. It should relate to working in a project team, creating designs for marketing campaigns (or similar).

2.       Research at least two different software tools that could be used for distributed team collaboration.

3.       Select one and provide an outline of its functions and why you chose it.

4.       Include a link to the site.

Provide a 'best practice' list for creating a collaborative work culture.

Submit all work as professionally written documents.

Q2.
Refer to the following weblinks to support the activity:

Leadership styles: https://blog.hubspot.com/marketing/leadership-styles

The following assessment identifies what type of leadership style you possess.

https://hbr.org/2015/06/assessment-whats-your-leadership-style

A quick quiz to identify which leadership styles you are good at and which you may need to develop further: http://www.skillsyouneed.com/ls/index.php/325444

 

1. Show the pre and post-money capitalisation table including the price per share. Investor 1 now proposes to invest $600,000 for 60% of the company, but requires there to be a Employee stock option pool (ESOP) of 15% for management before its investment.

 

2. Show the pre and post-money capitalisation table including the price per share.

 

3. Explain the reason(s) for the difference in the price per share in question 2 relative to your answer in question 1.

 

4. Assume now that Investor 1 allows the stock options to be issued after its investment, Show the pre and post-money capitalisation table including the price per share.

 

5. Explain the reason(s) for the difference in the price per share in question 4 relative to your answer in question 1. Assume now that Investor 1 invests $1,000,000 for 60% of the company post ESOP in round 1, and then Investor 2 invests $1,250,000 for 50% of the company in round 2.

 

6. Show the pre and post-money capitalisation table including the price per share for both rounds.

 

7. Show the pre and post-money capitalisation table including the price per share for both rounds assuming that Investor 1 has a full ratchet antidilution provision

 

8. Explain the reason(s) for the difference in the % ownership of the founder in question 7 relative to your answer in question 6 Assume now that Investor 1 and Investor 2 have received shares with simple liquidation preference and both are pari-pasu.

 

9. If the company sells for $2m, what would Investor 1 receive? what would the Investor 1 receive?

 

10. If the company sells for $5m, what would Investor 1 receive? Assume now that Investor 1 and Investor 2 have received participating preferred stock and both are pari-pasu.

 

11. What would your answers be to question 9 and question 10?

 

12. What share of the company each of the shareholders (investor 1, investor 2, founder and employees) effectively own?

Reference:
New share structure - company acquisition 

 

Question:
Assume you have to open an Electronic  Product retail shop, how to build an operating plan

The Operations Plan

The sections in an operations plan depend on the nature of your business. For example, inventory management is vital in warehousing or manufacturing but you wouldn't expect to see it in a small service company. What should be included are the major functions that describe how you deliver value to your customers.

As a result, the Methods and Procedures area requires special attention. For production or operating procedures, only describe what is unique to your business. Most people don't care about contribution margins, production volumes, or production steps and it's easy to "over-describe" them. For customer service procedures, indicate how customer expectations are determined, the standards used to measure them, and how you plan to recover when service delivery goes wrong.

For the Operations Plan section overall, answer the following questions:

Space and Equipment

• Briefly list all the equipment, furniture, and vehicles you will need to run the business. List what you own and what you need in separate columns. Justify why you need them.

• For retail or consumer business, sketch a layout of the store design including service areas and traffic flow.

• For a wholesale or manufacturing business, sketch a layout of the work and storage areas including equipment and workflow.

Logistics

• Explain your systems for procuring and replenishing any supplies or consumables the business will use.

• Identify any subcontractors or suppliers that are part of your business's supply chain (not support functions). Explain the services or products they provide and the contract details required. Include professional services like accountants, lawyers, etc.

Methods and Procedures

• Briefly explain or chart the process used to make a proper typical client or customer transaction.

• Explain the methods or systems you plan to use for quality control, handling customer complaints, etc.

Systems:
a. Mention manual or electronic system you will use to record your core business process (scheduling, billing, inventory etc.)

b. Describe their level of integration and how they  will be maintained.
Organizations:

a. Outline who is responsible for doing what.

b. Identify who owns, manages and supervises different activities.

c. Describe how your compensation system will work. Identify who earns dividends, profits or wages and how they include any special agreements like employee profit sharing.

Regulation:

a. Any registration, license or permit required.

b. Identify any professional group or business association you belong to and explain the reason for your membership.

Reference:

Source Skinner (2015, p.96)

Instructions for your tutor:

I have to open an Electronic Retail Shop so I need detailed information regarding all the points that are highlighted above to open an Electronic Retail Shop with diagrams.

Part I (30 points)
1. Use the following version of Model 1 to address parts a -e.
W/P = d0 -d1*L + d2*K + d3*RM (1) Endogenous Exogenous
L
s
= so + s1*(W/P) + s2*EITC (2) W, P, L, Ls
,Y K,RM,EITC
L = Ls
(3) AD, C, I, T M, k, G
Y = 100*L.7K
.3
(4)
AD = k*M/P (5) EITC=earned income tax credit
AD = C + I + G (6)
C = .8* (Y-T) (7)
T = .25*Y (8)
Y = AD (9)
a. Determine the reduced form equation for employment.
b. Determine the reduced form equation for output (income).
c. Identify the Aggregate Supply curve.
d. Use the results from a, b, and c to determine how an increase in the
earned income tax credit (EITC-subsidies to low income workers)
would affect employment, output, real wages, and the price level.
e. Use the results from a, b, and c to determine how a rise in
governmental purchases (G) would affect employment, output, real
wages, and the price level.
Part II. Answer two of the following three questions (20 points each). Be
sure to show your work.
2. Use the data in the table below to represent a household's
consumption and income for each given year.
a. Use a fixed weight index (Laspeyres) to determine how much income
has changed for this household from year 1 to year 2.
b. Use a current weight index (Paasche) to determine how much income
has changed from year 1 to year 2.
c. Use a chain weighted index to determine how much income has
changed between the two years.
3. The data in the table below describe key features of the trade relations
between China and three of its major trading partners. Use these data to
answer parts a. and b. Exchange rates are expressed in Chinese Yuan or
Renminbi terms.
Country Share of
Trade
Exchange Rate
2005
Exchange Rate
2012
Price Index
2005 (CPI)
Price Index
2012 (CPI)
Europe 40% 10.6 RMB/Euro 8.26 RMB/Euro NA NA
Japan 30% 12.9 Yen/ RMB 12.8 Yen/RMB NA NA
USA 30% 8.28 RMB/$ 6.30 RMB/$ 195 230
a. Calculate the trade weighted exchange rate for China for 2012,
assuming that the 2005 rate equals 100. How much has it changed since
2005? [Be careful to use appropriate units in your calculations.]
b. Assume that China's price index in 2005 was 100 and that for 2012, it
stands at 130. How has the real exchange rate between the U.S & China
changed between 2005 and 2012?
c. Explain why the real exchange rate represents terms of trade.
4. On a number of occasions, U.S. Senators have proposed levying a
tariff on Chinese imports. Assume that the U.S. is a large open
economy. Carefully illustrate and discuss the potential effects of such
a policy on the real exchange rate, net exports, and domestic
investment. How would the results change if the U.S. were a small
open economy?