BPL 5100 Baruch Glo Bus Business Strategy Drone Pics Inc Presentation

User Generated

lbhavf_94

Business Finance

BPL 5100

CUNY Bernard M Baruch College

BPL

Description

10-minute video overview of what Glo-Bus is all about!

https://www.glo-bus.com/help/videos/Student_Overview/Student_Overview.mp4

Can you please write a similar slides that I attached below ( just the first three slides which is vision and Mission - Goals and Objectives - Overall Strategies)

  1. State your vision, mission, goals and objectives that governed your yearly (i.e., weekly) decision-making in the Glo-Bus exercise;
  2. Discuss your overall strategy(ies) for Glo-Bus – e.g., low cost (how?), differentiation (how?), focus;

Unformatted Attachment Preview

Apic Global Glo-bus Simulation Camera and Drone Vision and Mission Spread inspiration and creativity all around the world through high-grade innovation. To provide cutting edge camera technology and the best photography experience, and leader in the industry while taking as many social responsibilities as we can. Goals and Objectives ● Performance: Maximize market share, especially in Asia and Africa markets Reach investors expectations ● Comprehensive Abilities: Development in technology Increase productivity Offer affordable products Increase advertising budget to strengthen brand awareness ● Social Contribution: Provide a comfortable and safe working condition and employee compensation Overall Strategies Global Best Cost / “More value for the money” strategy Focus effort on gaining sales and market share ● ● ● ● ● ● ● Financial Leverage - Maximize shareholder value Consistently increase our dividend Analyze and interpret the trends on our competitors every year. Technological advancement in products through R&D Offer special contracts with larger retailers Focus on employee benefits, incentives and training Robotics upgrade to increase productivity Strengths and Weaknesses Strengths ● ● ● ● ● ● ● Better Performance Robotic Production High PAT productivity Brand Reputation - socially responsible High Current Ratio Product Quality & Lowest warranty claim rate Greater number of outlet Weaknesses ● ● ● Higher price Lower value index in Asia-Pacific and Latin America Higher labor cost and delivery cost Opportunities and Threats Opportunities ● ● ● ● ● Achieve higher market share Discover new technological advances for existing products Target markets competitors have low investments Reduction in labor cost and compensation Higher P/Q rating Threats ● ● ● ● Strategies and competitive advantages of other competing companies Exchange rates fluctuation Pressure on pricing from competitors Alternative products Things looking for first yearly... Comparative Competitive Efforts: Competitors: Better & Fintech Be aware of: Dark House - - Compare with Industry Average If the market share/demand is increasing or taken over by which competitors Analyze the trends of P/Q rating and Price of rivals Retailer Support/Advertising Budget/Website Displays Sales Promotion/Warranty Period Y6 Y15 Secondly AC Camera/UAV Drone Segment Performance: ● ● ● Actual Demand Contribution Margin Warranty Claim Rate Thirdly Compensation & Facilities: ● ● Additional Workstations Needed to Avoid Overtime Assembly to decide the need to expand and how many Frustrated employees may leads to substandard services and production, which compensation and incentive bonus is necessary for employees. Fourthly Camera & Drone Journal (Financial Statistics) ● ● ● Income Statement: Compare Net Revenues with COGS and Net Profit Balance Sheet: Cash on Hand/Stock repurchase Financial Statistics: Current ratio/Dividend Payment/Current ratio/Shares of Stock Outstanding Entry-Level Products Employ Global differentiation strategy from Y5 - Y9 - Started with a relatively high-end market segment - Offered a high frequency and sales promotions to gain revenues and market shares - Consistently improve company’s P/Q rating - Consistently sustain a high camera and drone component and features qualities. - High investment in R&D research to provide better product in the future Multi-Featured Products Employ Global Best Cost strategy from Y10 - Y15 How? ● ● ● ● ● ● ● ● Cater to the higher and more diverse needs of customers Guarantee higher than Average P/Q rating with lower price High advertising budget over time and relative low R&D expenditure Enhance the features of both AC camera and Drone Increase the number of models to provide more choices Find the optimal portfolio to lower the cost of productions while maintaining the sales Reduce the frequency of promotions Decrease the warranty period in all four regions (AC camera) Multi-Featured Products Advertising Expenses - Year 15 Prepare for “Real World” ● ● ● ● ● ● ● Glo-Bus model provides a realistic industry environment Became familiar with overall operations and stakeholders of a company Teamwork Leadership skills Decision-making and problem-solving Integrity Prepared us for competition/ workplace Being a continuing part of BPL 5100... ● ● ● ● ● Great way to stimulate thought process Help develop strong decision-making and problem-solving skills Teaches team collaboration Provides guidance on company operations Effective training program
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Explanation & Answer

Please view explanation and answer below.

DronePics Inc.
Glo-bus Project
Camera Plus Drone

Vision and Mission
Vision
DronePics Inc. is dedicated to provide clients with high
quality imagery data, using industry driven solutions
through the latest UAV technology globally.
● Mission
We believe in informing o...


Anonymous
Just what I was looking for! Super helpful.

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