assignment 2 planning financial strategies

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I need all components for Team Member A and B completed.  The company being used is Quest Diagnostics.

 

In this module, your team will identify problems or opportunities for improvement (OFIs) related to
the financial aspects of your selected organization and find solutions to them. Further, the team will create a plan for implementing and evaluating the effectiveness of solutions identified. You will present your findings as a mini business plan, four to five pages long, which can be integrated into the outline of your business plan for the course project. Before you begin, select your team leader for this week.

By Tuesday, March 11, 2014, complete the first column, Problem/Opportunity Identified, in the Project Submission form. Provide the details of the problem or opportunity identified and your rationale for considering these in the first section of your mini business plan. The areas that you could look at for finding these problems or opportunities are:

  1. Amount of liquid assets
  2. Amount of debts (long-term and short-term)
  3. Product-lines bringing in cash
  4. Extent and specifics of borrowings
  5. Pricing of products or services

By Wednesday, March 12, 2014, complete the second column, Solution Identified, for each problem or opportunity in the Project Submission form. Provide details of each solution with your rationale in the second section of your mini business plan. Be sure to include references to the case studies, personal experiences, or any other information that you might have based your solutions on.

By Thursday, March 13, 2014, complete the third column, Resource Needs or Constraints, related to the problem(s)/OFIs that you identified. In the corresponding section of your mini business plan, outline steps for implementing your solutions, clearly identifying the timelines and responsibilities for each task. The level of detail included here should be sufficient to allow smooth implementation of your solution.

By Friday, March 14, 2014, complete the fourth column, Metrics of Success, for the solutions that you identified. In the corresponding section of your mini business plan, create an appropriate matrix against which you can measure the success of each solution. Respond to at least two other classmate’s response before the end of the module.

The table below defines each team member’s tasks:

Student Names
Task
Delivery Deadline
Team Member A
  1. Document the potential problems related to financial management in the Project Submission form and send it to Team Member B.
  2. Draft the Problem Identification section of the mini business plan, including the rationale for selecting the problems to be included in the plan, and send it to the team leader.
  3. Document the metrics for evaluating the solutions listed in the Project Submission form, and send it to the team leader.
Tuesday, March 11, 2014

 

 

Team Member B
  1. Document the solutions to the problems listed in the Project Submission form and send it to the team leader.
  2. Draft the Recommended Solutions section of the mini business plan, including the rationale for selecting the solutions to be included in the plan, and send it to the team leader.
  3. Draft the Solution Evaluation section of the mini business plan and send it to the team leader.
 
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