Introduction: A company’s mission, vision, and values must be aligned with the company strategy. Then each of the functional areas of the company have their own strategies that align with the overall company strategy. In this Assignment you will explain how a company can link their compensation and performance evaluations to the organization’s innovation objectives. Read the case study below, and respond to all the checklist items. Case Study: Evaluations, Compensation, and Firm ObjectivesBraintrust Toys is a toy maker that has as its mission, “Our purpose is to expand the minds of children 1 month–100 years old.” Currently they use a product development strategy but believe that maybe they need to orient their company towards an innovative strategy.Their current objectives are to:Invent 10 new toys every year and reinvent at least 10 more.Increase revenues by 15% per year.Employ motivated and committed workers.Provide safe and intellect-expanding toys for everyone.Braintrust Toys has operated as a medium-sized company for about 20 years. Their compensation to date has been based on longevity at the company. The evaluations were performed by their managers after reviewing their results based on their influence on: (1) increased department product output (75%), and (2) increased department sales (25%) at the end of the year. With the increasingly mechanized and digitized toys, and now robotics involved in toy making, many employees have been let go or offered early retirement due to their obsolescence.The new objectives in line with the new innovation strategy include:Enhance attributes and convenience in at least 20 existing products.Launch at least 15 new products that appeal to new customers and new markets.Develop 5 new markets.Hire personnel that think innovatively.Hire diverse support personnel and designers who are customer service oriented to support new products and markets.The 200 remaining employees are beginning to worry, and feel their compensation and evaluation process needs an overhaul.Checklist:Explain how Braintrust can link their compensation and evaluations to the company’s new objectives and innovation strategy.What methods of performance evaluation might they use? Explain your reasoning for using the methods of evaluation you chose.Submit your minimum 2-page (i.e., 500-word) expository essay in APA format and citation style with additional title and reference pages. Make sure your paper is logical and insightful, using correct Standard English spelling and grammar. Ensure there is an introductory paragraph, each paragraph has a minimum of 3–4 sentences, and a closing paragraph is provided.

Write a 1-2 page executive summary, along with an appendix of supporting information, in which you analyze an organization's financial performance as well as their level of risk for lending and make and present a recommendation to help leadership make a loan decision.IntroductionThis portfolio work project will help you complete a thorough review of an organization’s financial performance as well as their level of risk for lending. Your recommendation will help leadership create a loan portfolio, and your executive summary will clearly and concisely communicate your review to others in the organization.ScenarioYou work for an organization that provides loans to businesses. You are working with a client who is requesting a loan that will require a review of financial and related performance documents. You have been asked to review the documents and summarize your findings in a loan recommendation for your management team.You may apply this scenario to either Option 1 or Option 2, described in Requirements below.Your RoleYou are a loan manager for a lending organization, and your responsibilities include reviewing loan requests and providing recommendations in regard to whether the loan requests should be funded.RequirementsOption 1:Your client works for Ace Company. Assume Ace Company requested a $3 million 10-year loan to purchase production equipment and develop accompanying software. Use the Ace Company Data document for this option.Option 2:Use a firm or scenario of your choosing.Before choosing a company, read the assessment thoroughly to ensure:The company fits the assessment requirements.You have access to the financial statements and related performance documents needed to assess risk and make a loan recommendation. You will need information for this year and last year.You can distribute the financial statements and related performance documents without disclosing confidential company information.Loan RecommendationTo arrive at your recommendation, analyze the financial performance of the requesting company and present it to your organization’s upper-management team. The management team will take your recommendation into consideration as they finalize loan requests.Analyze the company's performance and performance trends. Include the following in your analysis:Analyze the trend for accounts receivable collections.Identify the trend.Explain the relevance of the trend.Determine if the trend is improving or getting worse.Compare the company's average inventory turnover to the industry average inventory turnover rate. Note that the average industry turnover rate for Ace Company is 10 times per year.Consider whether the company’s average inventory turnover is higher or lower than the industry average.Explain whether a higher or lower average is better.Determine whether the trend is improving or getting worse.Evaluate the company's short-term and long-term credit worthiness based on financial performance and trend (comparing this year to last year). Include in your evaluation:Information about performance and trends.Information about other relevant financial information you consider important to the decision.Your recommendation regarding whether the bank should grant the loan based on the financial data.Deliverable FormatThe management team of your organization requests this information in the form of a 1–2 page executive summary along with a title page, references page, and appendix of supporting information. The executive summary must highlight the key findings from your review and will provide your recommendation and rationale. The appendix must include data used in your analysis for others to review. Assume that this document is the only communication in regard to your analysis and recommendation and that you will not be with the team to explain anything as it deliberates. In other words, the documentation you provide must be well organized and include information for the management team to clearly see your recommendation and rationale.Related company report standards:The executive summary is a professional document and should therefore follow the corresponding MBA Academic and Professional Document Guidelines, including single-spaced paragraphs.In addition to the executive summary, include:A title page.A references page.Appendix with supporting materials. If you are using a firm or scenario of your choosing, ensure faculty has sufficient information to understand how you reached your recommendation.At least two APA-formatted references.EvaluationBy successfully completing this assessment, you will demonstrate your proficiency in the following course competencies through corresponding scoring guide criteria:Competency 1: Explain how accounting concepts and practices impact financial reporting.Analyze the trend for the company’s accounts receivable collections.Compare the company’s average inventory turnover ratio to an industry average.Competency 2: Apply principles of accounting to assess financial performance.Evaluate the company’s short-term and long-term credit worthiness.Competency 4: Communicate financial information with multiple stakeholders.Communicate accounting information clearly.