Congratulations! You have just gotten the opportunity of a lifetime to work as a senior financial advisor for Warren Buffett. You will be responsible for conducting financial analyses on two companies Mr. Buffett is reviewing, AMD and Intel, and providing recommendations for action to the CFOs of those companies. Instructions In this assignment, you will evaluate several risk scenarios and make recommendations on how to position the company for success by putting in place “reasonable” protections against downsides. To prepare for the assignment: (1) download and review the latest annual reports for both companies from the Investor Relations page of each company’s website; (2) read the Shareholder Letter and the Risks section carefully, and 3) read the Morningstar Analyst Reports with particular emphasis on the Moat and Risk sections. A. Complete the Assignment 1 Worksheet to create risk profiles for both companies. The guidance for this is found on pages 24-29 of The CFO Guidebook B. Summarize your Analysis and Recommendations by addressing the following questionsi. Where is each company in its corporate lifecycle (startup, growth, maturity, or decline)? Explain. ii. Based on your review of the analysts’ reports and the 10-K reports, which company appears to have more risk? Why? iii. Which categories of risk pose the greatest threat to each organization? Why? iv. Which company has the stronger economic moat? Explain.v. For the company that has the weaker economic moat, what two risk factors should they prioritize to improve their risk mitigation and strengthen their competitive advantage? Make specific reference to the applicable risk management tools discussed on pages 30- 63 of The CFO Guidebook.Read 10-K Reports, Item 1A Risk Factors, for Assignment 1 in Assignment ResourcesRead Morningstar Analyst Reports in Assignment ResourcesVisit www.Morningstar.com Requirements A. Complete and submit the Assignment 1 Worksheet component of the Workbook, along with your written work for Part B, . B. Format your written responses for Analysis and Recommendation as follows: • Typed, double-spaced, professional font (size 10-12), including headings and subheadings (to identify main topics and subtopics), with one-inch margins on all sides. • References must be included and provide appropriate information that enables the reader to locate the original source. o Application and analysis of course materials and resources is expected. o At least one additional source beyond the course materials must be cited to support your analysis and recommendations. • Include a cover page containing the title of the assignment, your name, the professor’s name, the course title, and the date. The maximum length is 4 pages, excluding your cover page, completed worksheets, and reference list.

1. Why is strategic planning important to the organization? What makes it strategic?How does strategic planning help the organization? Give current event examples or examples from actual, real-life situations.2. What legal issues do companies face when creating a strategic plan?What effects do legal issues have on our strategy planning process? Discuss in terms of global compliance strategy.3.How can strategic planning help companies be more responsive? Wu, S. I., & Lin, C. L. (2011). The influence of innovation strategy and organizational innovation on innovation quality and performance. International Journal of Organizational Innovation, 3(4), 45-81.(from ERR)? Message expanded.Message read Video on governance - reactions? Fairbass, J., & Zueva-Owens, A. (2012). Conceptualising corporate social responsibility: 'Relational governance' assessed, augmented, and adapted. Journal of Business Ethics, 105(3), 321-335. (forund in ERR)4. How and why has strategic planning needed to become more flexible in recent years compared to the past? Or has it? What factors influence it?5. How is Innovation included in strategic planning? Wu, S. I., & Lin, C. L. (2011). The influence of innovation strategy and organizational innovation on innovation quality and performance. International Journal of Organizational Innovation, 3(4), 45-81.(from ERR).6. Why is an understanding in ethics important to the overall strategy process, and how does an understanding of ethics affect the strategy process as it pertains to the organization's stakeholders? Are ethics situational? Differing global ethical standards? How do these affect strategic planning?7. Describe the work of strategic leaders. (1)8. Explain the strategic management process. (1)