AB 299 Assignment 1- Final Project
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AB 299 Assignment 1- Final
Project
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the Unit 9 Business simulation scenario, Tim’s Coffee Shoppe. The shop is
located in the state of Illinois. Tim, the owner, is concerned that since he
does not have his business degree, he may be missing some needed improvements
and that maybe his business could run much more smoothly. Because you are a
former colleague, and Tim knows that you have just received your Associate’s
Degree in Business Administration at Kaplan University, he has asked for your
help in evaluating his business. Tim is not asking you to make a decision for
him; he just wants you to help provide him with facts as you see them.
Executive
Summary
This
section provides an overview of your findings. This section should be no more
than half a page at the most, but a paragraph that is about 6-8 sentences is
about the right length. This summarizes everything you wrote about in your
report. This is also the conclusion for your report. If a business person did
not have time to read an entire report or business plan, the Executive Summary
should be the overview of the information.
Regulations
and Management
Summary
Provide
a detailed summary of what you observed in regulations and management area of
the business. Then describe any strengths and weaknesses.
Action
Items
Based
on your analysis, tell Tim what you recommend. Your recommendations should
contain detailed directions of what needs to be done and when. Also, you should
defend your recommendations by providing references that support your ideas.
Address: the vision statement, short term and long-term goals, federal and
state compliance issues, and social responsibility considerations. He may or
may not be following some of these.
HR
Analysis
Summary
Provide
a detailed summary of what you observed in this particular area of the
business. Describe any strengths and weaknesses. Look in the files in the back
office at all of the employees. Are they valuable? Does he need more training?
What other issues did you notice in the employee files?
Action Items
Action Items
Based
on your analysis, detail for Tim what needs to be done and when to improve this
area of the business. Also, you should defend your recommendations by providing
references that support your ideas.
Marketing
Analysis
Summary
Provide
a detailed summary of what you observed in this particular area of the
business. How did he advertise? What new ideas can you think of for ways Tim’s
Coffee Shoppe might want to advertise? Who are the customers and what is their
feedback? How can he gain new customers?
Action
Items
Provide
a SWOT Analysis detailing the external threats and opportunities and the
internal strengths and weaknesses.
Strengths:
Weaknesses:
Opportunities:
Threats:
Economic
Environment/Finance and Accounting/Financial Statements
Summary
Provide
a detailed summary of what you observed in this particular area of the
business. Look in the drawer labeled “Business” and the information and draw
some conclusions about the economic environment of Tim’s Coffee Shoppe.
Action
Items
Discuss
the Economic environment and impact on Tim’s business. Use your accounting and
finance knowledge to interpret the Balance Sheet and the Profit & Loss
statement. Explain what Tim should do based on your understanding of the
financial picture.
Problem Solving/Recommendations
Problem Solving/Recommendations
Summary
Give five
recommendations on what Tim’s Coffee Shoppe can do to improve their business.
References
Associates
Capstone in Management. (2012). Retrieved from Tim’s Coffee Shoppe simulation:
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