MGM110-1102A-11 Principles of Business Task Name: Phase 5 Individual Project Del

Question

MGM110-1102A-11 Principles of Business
Task Name: Phase 5 Individual Project
Deliverable Length: 1,800–2,000 words
Details: You are a business consultant tasked by your chosen company to help fill in some important parts of the overall business plan. It is essential that companies look at technological opportunities to reach global markets. Create a final business recommendation for your selected company. Focus on 5 distinct sections for this final project as follows.
Analyze global opportunities for your selected company. Choose 2 countries where the company should expand its operations. If the company is already global, consider 2 countries where the company is not currently operating.
Part I: Executive Summary
Create an executive summary about the current state of your company. Include the following information:
• Overview of the company including size and revenue
• Leadership team
• Mission statement
• Business ethics and social responsibility
• Product mix
• Current financial state
Part II: Technological Opportunities
• Based on the company’s current products and services, what technological opportunities are available to expand the company’s current operations?
• Does the company offer e-commerce opportunities?
• How does technology allow the company to hire diverse employees from around the world?
Part III: Marketing Opportunities
Look for new customer segments in your selected countries that might be interested in the company’s products.
• What products will sell well in the 2 countries?
• Define the reasons why the products may or may not sell well.
• What are the psychographics and demographics of your targeted customers?
• What are the controllable and uncontrollable variables of the countries and the company’s products that can affect sales success?
• How does the product fit with the country’s culture?
• Create 1 promotion to sell one of your company’s products.
Part IV: The Recruitment Presentation
• Make revisions to your recruitment presentation based on your colleagues’ comments and discussions last week.
• Add this section to this key assignment.
Part V: Future Opportunities
Write a final summary about the future opportunities of your company.
• How can it measure its success in the future?
• Will it expand globally? Why?
• What new customers should it try to reach?
• Are there new products that will help grow the company?
Please submit your assignment.

Explanation / Answer

MGM110-1102A-11 Principles of Business
Task Name: Phase 5 Individual Project
Deliverable Length: 1,800–2,000 words
Details: You are a business consultant tasked by your chosen company to help fill in some important parts of the overall business plan. It is essential that companies look at technological opportunities to reach global markets. Create a final business recommendation for your selected company. Focus on 5 distinct sections for this final project as follows.

Company name:-InfoTech, Inc

Analyze global opportunities for your selected company. Choose 2 countries where the company should expand its operations

The countries are 1st India

                            2nd China   

Part I: Executive Summary
Create an executive summary about the current state of your company. Include the following information:
• Overview of the company including size and revenue

It has 25 subsidiary units and 25million Revenue Per year

• Leadership team

It has 50 Leadership team each has 2 in a unit

• Mission statement

Profitable growth through superior customer service, innovation, quality and commitment

• Business ethics and social responsibility

We are using all our products, which can bio degradable and eco friendly. This will shows the social responsibility and having fair and trusty reports about the companies financial reports . It shows Business ethics

• Product mix

We are providing both soft wares and hard wares which can be useful to businesses development

• Current financial state

This was created to know the current position of the company

ASSETS

CURRENT

Cash $ 11,552 $ --

Accounts receivable 42,970 50,595

Deposits and prepaid expenses 2,942 2,688

Inventory 159,144 156,657

216,608 209,940

PROPERTY, PLANT AND EQUIPMENT (Note 2) 59,890 76,318

INVESTMENTS -- 45,001

$ 276,498 $ 331,259

LIABILITIES

CURRENT

Bank overdraft $ -- $ 9,474

Bank loan -- 60,000

Accounts payable and accrued liabilities 82,053 91,343

Long-term debt - current portion 25,200 --

Income tax payable 14,387 --

121,640 160,817

DUE TO SHAREHOLDER (Note 3) 51,591 231,791

LONG-TERM DEBT (Note 4) 86,100 --

259,331 392,608

SHAREHOLDER'S EQUITY

STATED CAPITAL (Note 5) 1 1

RETAINED EARNINGS (DEFICIT) 17,166 (61,350)

17,167 (61,349)

$ 276,498 $ 331,259

Part II: Technological Opportunities

• Based on the company’s current products and services, what technological opportunities are available to expand the company’s current operations?

As now a day’s even small company is upgrading them self’s with cutting edge technology so we have wery good hope

• Does the company offer e-commerce opportunities?

Yes we provide it

• How does technology allow the company to hire diverse employees from around the world?

As the different country people are having different skills so we hire diverse employees from around the world

Part III: Marketing Opportunities

Look for new customer segments in your selected countries that might be interested in the company’s products.
• What products will sell well in the 2 countries?

Software and hardware products

• Define the reasons why the products may or may not sell well.

As every country is striving for better performance, so in every country we sell well

• What are the psychographics and demographics of your targeted customers?

There is no such things it this type of products

• What are the controllable and uncontrollable variables of the countries and the company’s products that can affect sales success?

Controllable is production costs

uncontrollable variables are distribution costs

• How does the product fit with the country’s culture?

We don’t have different strategies on this type of products

• Create 1 promotion to sell one of your company’s products.

We provide better software products to improve your companies performance

Part IV: The Recruitment Presentation

Please work on this by having all above information as it is very long question
• Make revisions to your recruitment presentation based on your colleagues’ comments and discussions last week.
• Add this section to this key assignment.
Part V: Future Opportunities
Write a final summary about the future opportunities of your company.
• How can it measure its success in the future?
• Will it expand globally? Why?
• What new customers should it try to reach?
• Are there new products that will help grow the company?
Please submit your assignment.

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