Collaborative Learning Community Assignment -
Create the final report to the board, which will be a written summary of performance.
1. Review your financial and market performance during the second year. Highlight the key features of the business plan presented to the venture capitalists: brand strategy, pricing strategy, advertising strategy, and sales channel.
2. Assess your business strategy and performance during the second year.
3. Explain actions taken in regard to the marketing plan.
4. Discuss departures from the marketing plan, justification, and outcome.
5. Review significant events that affected the company or market.
6. Assess your current situation in the market, considering your firm's strengths and weaknesses.
7. Summarize how you have prepared your firm to overcome obstacles and compete in the future.
8. What were the lessons learned and recommendations?
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Answer -
Title: Market Place
Introduction
This paper deals with analyzing the paper in the perspective of the financial and market performance during the second year it also streamlines the various strategy and channel which leads to performance analysis and explains plan process along with outcome analysis, it ensures to provide significant events that affected the company or market along with market conditions. It also summarizes the strength and weakness as well as provides a fair idea about the future opportunity and the obstacles, lastly, the paper closes at the lessons which are learned and the necessary recommendations to be provided by the organisation.
The company main aim and goal was to ensure that the cycle must be streamlined into three ranges priority ranges which being the mountain system, Speed System, Recreation System and the same has been stated in the important level as 1stPriority, 2ndPriority and 3 Priority. The company aimed at the at following elements in connection with the culture the main idea was to earn customer trust and everyday activities, treating fairly the element of diversity and value analysis. To provide a substantial level of shareholder value and providing an excellent level of customer service. In connection with a corporate objective, the main importance is the market presences, shareholder value and analysis as well as the good loyalty and brand recognition.
None the less the company also latter prospered on the context to various strategies in connection with the corporate analysis which is the primary aspect of the long term perspective of the competition positioning, It also maintained a process of ensuring a first to market ahead concept as well as the fact it led to an element of risk-taking process and analysis. The company build its planning process on four major forces of competition which were keenly the following: -
1) Aggressive Pricing
2) Superior Customer Value
3) Employee Empowerment
4) High Volume production and low costing of the manufacturing of the goods.
To ensure that the things are settled and the company provides better marketing results and analytical aspects the company even opted the buy research analysis to provide better promising results. The company gradually increased the market to four cities during the stores of the New York City, Rio de Janeiro and Amsterdam as well as the Bangalore. The company ensured that a balanced strategy is applied which led to the fact that the company will lead to a perspective of the building each and every market step by step to build a normal course of business.
The company wisely managed it is Human resources options and the managed the workforce task and element of various programs the best part of the company analysis is to provide the compensation element of the production perspective, compensation in terms with health benefits and appropriate form of medical benefits, the company wisely settled the annual salary and the medical claim in context to the annual packages.
The crucial element was the pricing analysis and deciding the product ranges its planning process initiated with the concept of the seven element , the planning was done in a step by step manner which ensured that the products are built and increased gradually as well as the pricing and the discount range the company main ideology was that the company keeps an appropriate level of the pricing products and the rebate target. The range dealt from as high as maximum keeping it at 1800 to a lower range of 965 accordingly the discount also shifted from one element to the other accordingly. Where the discount range was settled in a target of around 5 percent to 10 percent.
The management from time to time enabled the factor as to how and why the follow-up study and analysis parameters the company indulged in a regular concept of the concept of improving operations which were stated and expressed as follows: -
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Areas for Potential Improvement
The key aspect of the whole process is that the organisation led to a concept of quality inspection and quality parameters in terms with ensuring that the quality is correct and strong as well as stable the company and its management focused of the fact that the element and the product quality must be controlled and provided in a right and correct manner. All in all the following aspect led to a concept where the results were stated in a three element Cash Flow Analysis, Income Statement Analysis and the Balance Sheet results. Where the company finally reached to a level of the following status.
GROSS PROFIT
|
Quarter 1
|
Quarter 2
|
Quarter 3
|
Quarter 4
|
Quarter 5
|
Quarter 6
|
Revenues
|
0
|
581,950
|
2,029,520
|
4,485,190
|
9,550,560
|
11,729,460
|
= Gross Profit
|
0
|
291,059
|
1,232,875
|
2,755,220
|
5,875,585
|
11,089,651
|
= Total Expenses
|
180,000
|
406,993
|
784,214
|
4,176,330
|
4,780,640
|
945,498
|
Operating Profit
|
-180,000
|
-115,934
|
448,662
|
-1,421,110
|
1,094,946
|
10,144,153
|
= Earnings Before Interest and Taxes
|
-180,000
|
-115,934
|
448,662
|
-1,421,110
|
1,094,946
|
10,144,153
|
= Income Before Taxes
|
-172,500
|
-109,934
|
448,662
|
-1,422,911
|
915,114
|
9,994,153
|
= Net Income
|
-172,500
|
-109,934
|
382,170
|
-1,422,911
|
915,114
|
6,199,611
|
Earnings per Share
|
-11
|
-5
|
15
|
-28
|
18
|
124
|
= Net Income
|
-172,500
|
-109,934
|
382,170
|
-1,422,911
|
915,114
|
6,199,611
|
Earnings per Share
|
-11
|
-5
|
15
|
-28
|
18
|
124
|
SAVE DISTINCTION MARKS IN EACH COLLABORATIVE LEARNING COMMUNITY ASSIGNMENT WHICH IS WRITTEN BY OUR PROFESSIONAL WRITER!
Pro Forma Balance Sheet
|
|
Quarter 1
|
Quarter 2
|
Quarter 3
|
Quarter 4
|
Quarter 5
|
Quarter 6
|
CURRENT ASSETS
|
|
|
|
|
|
|
Cash
|
347,500
|
377,566
|
1,219,737
|
1,256,825
|
5,741,939
|
9,671,550
|
+ 3 Month Certificate of Deposit
|
500,000
|
400,000
|
0
|
0
|
0
|
0
|
LONG TERM ASSETS
|
|
|
|
|
|
|
+ Net Fixed Assets
|
480,000
|
940,000
|
1,380,000
|
2,520,000
|
3,850,000
|
5,120,000
|
= Total
|
1,327,500
|
1,717,566
|
2,599,737
|
3,776,825
|
9,591,939
|
14,791,550
|
DEBT
|
|
|
|
|
|
|
Conventional Bank Loan
|
0
|
0
|
0
|
100,000
|
5,000,000
|
4,000,000
|
|
|
|
|
|
|
|
EQUITY
|
|
|
|
|
|
|
+ Common Stock
|
1,500,000
|
2,000,000
|
2,500,000
|
5,000,000
|
5,000,000
|
5,000,000
|
+ Retained Earnings
|
-172,500
|
-282,434
|
99,737
|
-1,323,175
|
-408,061
|
5,791,550
|
= Total
|
1,327,500
|
1,717,566
|
2,599,737
|
3,776,825
|
9,591,939
|
14,791,550
|
Thus the results show that the company management has acted wisely and sternly as well as planned it content correctly as the profits are gradually increasing as well as the balance assets and the retained earnings. Henceforth, the simulation process has resolved and helps us understand how appropriate planning and process must be managed to lead to corrective results.
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