Forming the Company

User Generated

genl55

Business Finance

Description

For your course project, you will be operating a cookie company, making costing decisions, and performing analysis. In Module 06, you will make a presentation of your analysis.

This Week, you will prepare a mission statement; set strategic, tactical, and operating objectives; decide on a company name; set cookie specifications, and decide on a cookie recipe. Additionally, you will calculate a standard cost per cookie and decide on an accounting system.

Deliverables:

Develop a ---> Microsoft PowerPoint <----- presentation which concisely presents the following information regarding your cookie company:

  1. Consider the company's mission. Will you focus on quality, volume, or satisfying a niche? Will you sell using a traditional brick & mortar storefront or through eCommerce? Who is your target market? What are your expansion plans? What will be your main products? Where will you operate?
  2. Write a mission statement for your company that reflects the decisions you made in the previous step.
  3. Based on your company's mission, describe the long-range goals, strategies, and objectives that your company will pursue. Will you increase sales a certain percent each year, increase the number of stores, co-brand with another product, etc.
  4. Decide upon a company name.
  5. Determine cookie specifications: size, color, key ingredients, appearance, quantity and packaging.
  6. Develop a recipe that fits with your mission, goals, and specifications.
  7. Create a job cost card for your cookie recipe and calculate cost per cookie. Assume overhead is allocated at a rate of $2 for every $1 of labor cost.
  8. List some of the costs you will include in overhead.
  9. Will you use a job order or process accounting system? Why?
  10. Include a diagram showing the flow of costs through your chosen system.

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Explanation & Answer

Hello buddy, attached is the complete work. Thank you

Forming a cookie company

Name
Institution Affiliation
Course
Date

Friends-joint Cookies company

Company profile
Vision statement
To be the state leader in baking quality cookies
which offer our customers the best experience ever.
Mission statement
To be the perfect cookies bakers

Core values
1.

transparency

2.

customer service

3.

honesty and transparency.

Goals and strategies
Short term goals

Long term goals

1.

To offer quality services to
easily win the market

1.

Expand the business to all three
states in United States

2.

To use digital advertising
tools to become known in
the locality.

2.

Diversify the company
operations to three States in the
next three years.

3.

Achieve 5% profit in every
month

SWOT Analysis
Strengths

Opportunities

1.

Wide cookies varieties

1.

Minimal competitors

2.

Quality home made trea...


Anonymous
I was struggling with this subject, and this helped me a ton!

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