Hello there! Want a discount? Grab 5% OFFon your first order!
originalresearchpapers.com logo
Hello there! Want a discount? Grab 5% OFF on your first order!
originalresearchpapers.com logo

You work as a middle manager for one of the top U.S. producers of luxury and mass-market automobiles and trucks. The company from the course scenario has

You work as a middle manager for one of the top U.S. producers of luxury and mass-market automobiles and trucks. The company from the course scenario has decided to incorporate internet of things (IoT) technology in its vehicles (also called connected cars). Often organizations have to choose from multiple innovative implementation options. The choice is usually determined by many factors including the financial viability of each idea. In this assignment, you will compare the financial benefits for two innovation options and create data visualizations to help determine the option with greater financial benefit. This assignment will help you make a recommendation for one of the two options in Milestone One.

Prompt

Create a series of charts in an Excel spreadsheet and a memo that compares the financial benefits of options A and B. The charts in your spreadsheet should include a comparison of financial forecasts from both innovation options (discontinuous and incremental). You should create the charts using the data in this Sales Forecast. Make sure to add titles to all your charts so you can clearly reference them in your memo. Consider the following points:

  1. Create a chart for sales forecast data.
    1. Graph sales forecast data for total sales for options A and B on a three-dimensional stacked column chart.
      • Each column should show traditional sales on the bottom and connected sales on the top.
      • Both options may appear on the same three-dimensional chart, or you can make a separate chart for each option.
  2. Create a chart for gross margin forecast data.
    1. Graph gross margin forecast data for total sales for options A and B on a three-dimensional stacked column chart.
      • Each column should show traditional sales on the bottom and connected sales on the top.
      • Both options may appear on the same three-dimensional chart, or you can make a separate chart for each option.
  3. Create a chart for gross margin less R&D and capital costs calculations.
    1. Calculate gross margin less R&D and capital costs for options A and B.
    2. Graph total gross margin less R&D and capital costs forecasts to compare options A and B on a line chart.
      • Both options should appear on the same chart.
  4. Explain any conclusions you can draw from your data visualizations.
    1. Review the charts and discuss any conclusions you can make from those data visualizations.
    2. Explain whether option A or option B will provide your company the most financial benefit. You should reference your data visualizations to justify your explanation and conclusions.

What to Submit

  • Submit an Excel document with all your charts.
  • Submit a ½- to 1-page Word document with 12-point Times New Roman font, double spacing, and one-inch margins. If you include references, they should be cited according to APA style

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

CASE STUDY: BIOPHARMA INC. ASSIGNMENT INSTRUCTIONS OVERVIEW This week we identify and discuss the various factors that influence facility location,

CASE STUDY: BIOPHARMA INC. ASSIGNMENT INSTRUCTIONS OVERVIEW This week we identify and discuss the various factors that influence facility location, capacity,and market allocation when designing a supply chain network. Also, there is a focus on thesources of risk for global supply chains, risk mitigation strategies, the methodologies used toevaluate network

Discussion Thread: Place For this module’s discussion, you will select peer-review journal articles on one of the 4Ps – Place. Keyword search terms might

Discussion Thread: Place For this module’s discussion, you will select peer-review journal articles on one of the 4Ps – Place. Keyword search terms might include one of the following:  marketing channel strategy, distribution, retailers, internet, or supply chain. Once you have selected your peer-reviewed journal articles, post a synopsis of the

MARKETING PAPER: MYOPIA ASSIGNMENT INSTRUCTIONSYou will write 1000 words minimum on the classic Theodore Levitt 1960 paper calledMarketing Myopia.

MARKETING PAPER: MYOPIA ASSIGNMENT INSTRUCTIONSYou will write 1000 words minimum on the classic Theodore Levitt 1960 paper calledMarketing Myopia. ‘Marketing myopia’ is a term coined by Theodore Levitt. A business suffersfrom marketing myopia when a company views marketing strictly from the standpoint of sellinga specific product rather than from the

Module 4 – CaseEconomic Justice and Organizational StrategyAssignment Overview Economic Justice Economic Justice is a global issue. The struggle for

Module 4 – CaseEconomic Justice and Organizational StrategyAssignment Overview Economic Justice Economic Justice is a global issue. The struggle for Economic Justice in modern America is not a new movement. Paradigm-shifting events in 2020 pushed companies and organizations to address inequities and assess their track records while devising a different

Module 2 – CaseFostering CollaborationAssignment OverviewA Manager’s Role in Collaboration Leadership styles play a role in shaping team dynamics.

Module 2 – CaseFostering CollaborationAssignment OverviewA Manager’s Role in Collaboration Leadership styles play a role in shaping team dynamics. Cross-functional teams, whether virtual or in-person, require a leader adept at understanding varied departmental perspectives, bridging knowledge gaps, and facilitating effective collaboration across specialties.  **Complete SLP 2 before Case 2** Case

You deserve a bonus!

Subscribe and get regular bonuses and discounts.