This website uses cookies to ensure you have the best experience. Learn more

Week 2 Cango Analysis Report

2352 words - 10 pages

Week 2 Analysis Report
DeVry University

Our DDM Consulting Firm has been hired to advise and help guide CanGo in the restructuring and planning their future endeavors. CanGo is a young fast growing company which is interested in expanding into the online gaming market. This analysis report is the first of a series of reports created by our company to examine CanGo’s current concerns and offer recommendations to fix these issues. At DDM Consulting we believe that success is a team sport and there is no I in team. In saying this, it is going to take the cooperation of the upper management, lower management and CanGo employees for this company to reach its full potential. By implementing ...view middle of the document...

But in order to do this she also knows that everybody must be on one accord and have a clear complete understanding of who the company is and where the company is headed. In order for this to happen effectively, CanGo must come up with a strong Mission and Vision statement. Now let’s separate the two and show the important of both. First lets discus a mission statement. A mission statement defines an organization present state of purpose and answers three basic questions:
1. What a company does
2. Who it does it for
3. How it does what it does.
In short a mission statement simply tells the staff and management the purpose of the organization, who their target market is and what business they are in. Moving on, next we have a Vision Statement. A Vision statement gives a company a sense of long term direction. It points out what an organization wishes to achieve over a given period of time. It also builds strong inspiration and cohesiveness in the organization while at the same time providing a clear direction of where the organization wants to be in the next five, ten, or more years.
In short a Vision statement describes the organization's vision for the future. It provides an organization a strong sense of direction as well as an end destination point for management and staff to strive to achieve through their diligent work ethics. (Evans, 2010)
Without a Mission and Vision statement the company is missing key components to measure it’s long term success, are much need parameters to keep the company in line when things get chaotic. A company with no Vision and Mission statement to lead and guide them in our professional opinion is just floating around in limbo and will soon find itself with declining profit margins and little to no growth. (Evans, 2010)
Our recommendation is for Elizabeth and her upper management staff to sit down and talk about the future of CanGo. In doing this, they need to come up with a clear complete Mission statement that clearly defined who the company is, what good and or services they provide, and who they provide them to. By doing this you will helps employees and lower management better understand the mechanics of the business and be more excepting to things such as company-wide decisions, organizational changes, and resource allocation. In the long run this will lessen resistance and ease workplace conflicts. (Evans, 2010) Because most companies struggle with creating an effective Mission and Vision Statement, we recommend that CanGo utilize OnStrategy to help develop their mission and vision statement. OnStrategy offers not just published information on why an organization needs a mission and vision statement but they also offer online step by step video’s with directions on writing a mission and vision statement. Since the primary target audience of CanGo are online technically inclined customers, it is important that their mission and vision statement is fun yet Clear and Concise. (OnStrategy , 2014)...

Other Papers Like Week 2 Cango Analysis Report

Mgt 521 Final Exam Latest Uop Complete Course Tutorials

1797 words - 8 pages Download now MGT 521 Week 2 Quiz or Knowledge Check (Latest) 8. The ________ determines the number of levels and managers in an organization. • chain of command • span of control • unity of command • delegation of authority 9. During benchmarking, an organization can compare its processes and products to competitors in its own industry and to noncompetitors outside the industry. What is a main benefit of comparing a firm’s

Criminal Essay

658 words - 3 pages compare with the recommendations?       6. (5 pts) Based on Table 1, how does your intake of saturated fat compare with the recommendations that you learned about during Week #4? (Use either the “Target” from the Nutrient Intakes Report or Week #4 supplemental activities, as they both provide the same recommendations.) Include the recommendation and your intake in your answer.       7. (20 points) Looking at Table 2, compare your average

Partnering For Success

791 words - 4 pages 1. Title page. A title page contains the following information: the title of the problem, the group number and name, names of the members in the group, class name, subject and the date of submission of the report. 2. Executive Summary. The executive summary should summarize the discussion or analysis of the problem and then focus on the key recommendations. The executive summary should not be more than 300 words and should be written last, once

Sip Format

2237 words - 9 pages SKETCH OF SPECIALIZATION REPORT & EVALUATION FORMATS - 2014 S.No Content Page No. 1 Sketch of Report on Specialization Project 2-3 2 Comprehensive comparative table (Review of Literature) - Annexure -I 4 3 Sequence of the Report- Annexure-II 5 4 Evaluation weightage-Annexure -III 5 5 EVALUATION FORMAT- SP-2014 - At the end of 1st Week 6-7 6 EVALUATION FORMAT - SP-2014 - At the end of 2nd Week 7-8 7

Mec Case Analysis

3995 words - 16 pages percentage of MEC house-branded products sold increases to 50% of cost of goods sold in the next 3 years. 2. How to communicate MEC’s philosophy and initiatives towards the environment so that the number of members increase by 10%2 in the next 3 years. 3. How to address negative feedback from the web so that the concerns of the customers are addressed and the damage caused by negative comments is minimized. Situation Analysis MEC operates


587 words - 3 pages different products that older.  This would help marketing also on targeting sales. 2) Week2: Question: Suppose you are given data from a survey showing the IQ of each person interviewed and the IQ of his or her mother. That is all the information you have. Your boss has asked you to put together a report showing the relationship between these two variables. What could you present and why? Sample Post 3) Week3 (Note: This

Maximize Profit In Incident Management Operations Of It Service Company

638 words - 3 pages Assignment Of OR Maximize profit in Incident Management operations of IT service Company Akhil Gupta 6/16/2012 Batch – PGCBM-21 SMS ID – 110402 Faculty Name - Dr Supriya Kumar De Study Center – Grand Mall, Gurgaon   Contents Introduction 3 Problem Statement 3 Solution 4 Solution from Solver 4 Summary of attached excel 5 Sensitivity Report 5 Answer Report 6 Analysis and Answers 7   Introduction I am

Ops 571 Final Exam Latest University Of Phoenix

1576 words - 7 pages . • Manufacturing is far more capital intensive than services. • The service process and service product can be developed independently. • The service package is the major output of the development process. To download the complete answer check OPS 571 Week 2 Complete 15. A project can be segmented into which of the following? • Events • Sub-jobs • Work packages • Success markers 16. Which of the following is a cost impact and payoff analysis

Gbm 380 Week 3 Dqs

353 words - 2 pages Individual Assignment Globalization Paper GBM 380 Week 2 Individual Assignment Business Organizations Paper GBM 380 Week 2 Learning Team Assignment Globalization Trends Paper GBM 380 Week 3 Individual Assignment Culture Paper GBM 380 Week 3 Learning Team Assignment Political and Legal Systems Paper GBM 380 Week 4 Individual Assignment Climate and Topography Analysis GBM 380 Week 4 Learning Team


6895 words - 28 pages “Excel Statistics 08: Install Excel 2007 Data Analysis Add-in” at “How to access the data analysis tools in Excel for Mac” at Week 2 1. Read Chapters 5, 6, 8, & 10 of Business Research Methods. 2. Read Chapters 2 & 3 of Understanding Basic Statistics. 3. Download the weekly lecture notes to your drive of choice. 4. Assignment: Solve the

Overall Banking System Of Ncc Bank Limited, Bangladesh

889 words - 4 pages internship phase of BBA program of Northern Universityof Bangladesh. This report focuses three months working experiences inNational Credit and Commerce Bank Limited, Foreign Exchange Branch. Thisreport will give a clear idea about the activities and operational strategies of National Credit and Commerce Bank Limited.The whole working process of NCCBL is divided into 3 sections-(1) General Banking, (2) Credit Section, (3)Foreign Exchange. Here

Related Essays

Cango Financila Analysis

333 words - 2 pages BUSN460 Final Report: Week 8 Component | Points Received | Points Allowed | Expectations | Executive Summary | | 10 | Concise, no more than a half to three quarters of a page. | Originality | | 15 | Paper is an original work, and contains little content (very minimal, if at all) from team analysis reports or other submissions. | SWOT | | 20 | Each section clearly labeled, focuses on tactical and strategic management issues, and

Cango Financial Analysis

798 words - 4 pages additional recommendation will be to decrease some of the cost associated with advertising, again utilizing social networks platform more to expand their consumer base and maybe reaching a broader audience. In addition this can essentially increase some of CanGo’s sales and profit (What the quick Ratio will tell you). CanGo’s return on assets is at 2%, which means CanGo isn’t any notable profits in any other areas in their business per the industry

Bus 698 Week 5 Dq 2 Supply Base Rationalism

437 words - 2 pages Week 4 DQ 1 Manufacturing.doc BUS 698 Week 4 DQ 2 Quick Response Logistics.doc BUS 698 Week 4 manufacturers and customers relations.doc BUS 698 Week 5 DQ 1 Strategic Partnerships.doc BUS 698 Week 5 DQ 2 Supply Base Rationalism.doc BUS 698 Week 6 DQ 1 3PL.doc BUS 698 Week 6 DQ 2 Leading Edge Supply Strategy.doc BUS 698 Week 6 Final Paper.doc Business - General Business BUS 698 Week 1 Assignment Case Analysis BUS 698 Week 1 DQ 1

Dbm460 Syllabus Essay

2603 words - 11 pages (Week 5) NA Participation (2 points per week, Week 1-5) 10 Discussion Questions (2 points per week, Weeks 1-5) 10 Learning Team (30%) W ork on SR-lf-001 -- Executive Summary (Week 2) 2 W ork on SR-lf-001 -- Technical Report (Week 3) 2 W ork on SR-lf-001 -- Business Intelligence Architecture (Week 4) 2 Service Request SR-lf-001 Enterprise Sales Application and Presentation (Week 5) 24 Total 100 Week