Description
You will complete a capstone that integrates the knowledge and skills you have developed in the business core coursework and over the duration of the term by
creating an executive summary that highlights the performance of your company from the Capsim simulation. The executive summary is your opportunity to
show your knowledge of the organization, products, and business functions—skills that professionals in this field must possess. You will also reflect on your
journey through the business core and how you plan to position yourself both professionally and in your upcoming program of study. This personal and
professional reflection will specifically focus on business communication skills, professional etiquette, and peer-to-peer and peer-to-leader collaboration.
Explanation & Answer
Attached.
RUNNING HEAD: FINAL COMPANY PERFORMANCE SUMMARY
7-1 Final Project: Final Company Performance Summary
Name
Southern New Hampshire University
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FINAL COMPANY PERFORMANCE SUMMARY
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Progress of the Company
The Andrews Company was established on December 31, 2020. Andrews Company
manufactures sensors which are marketed sequentially to different manufacturers. The business
started its operations with only a single product known as Able. It was found that the best
strategy for the company is broad cost leader strategy. It is for the reason that producing
reasonable products at low prices was the goal. The business was kept in the Low-Tach market
due to the desire for manufacturing items that would be supplied to everyone. The company
performed well in the initial three years. There was a decrease in the rotating debt, and the
company’s knowledge was out to the public.
Company SWOT Analysis
Company Strengths
For the company, one of the major strengths was being capable of keeping every
employee employed and not experiencing any dismissals. There was strong manufacturing of
the products with sufficient inventory for meeting demand and supply along with the advertising
budget. The company always had inventory and had a decent following. By manufacturing and
aiming at the low-tech marketplace, the company was capable of keeping the products
manufacturing prices comparatively lower. However, there was a low production cost, the
products priced competitively and remained good in quality. The strategy provided the
capability of investing more funds toward promoting the products. The business excelled with
plant purchases, AP, and AR when it came to the Fiscal policies. The company's bond rating is
BB, and it is not a bad rating level for the company. The company also invested in TQM to help
lower labour and material cost and increase demand.
FINAL COMPANY PERFORMANCE SUMMARY
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Company Weaknesses
The company’s biggest weakness took place throughout years 4 through 8 from
increasing the production and product price. Due to the increase in production and price, product
sales dropped as the company had to take a loan. Financial management turns out to be a
challenge from year four, along with the capability of increasing growth capital.
Company Opportunities
For Andrews Company, the hope is still there. At the point where the business stands, it
needs to be strategic in managing the available assets and inventory. It is crucial that the
business halts current products’ production. Competition and market analysis are required to
enable the business to strategically move its inventory in hand for generating revenues in
reducing debt. Reviewing the business’ all facets and assets, additionally, with the intention of
reducing needless costs and spend will help to improve monetary strength and help to the
company’s viability.
Company Threats
The financial stability is one major threat that is faced by Andrews Company. The
incapability to stabilizing and improving the financials will be a loss to the company’s longevity.
There...
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