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

Read the article: Santa Rosa Junior College’s incoming president, Maria Angélica Garcia.pdfActions Read the article: Sonoma County students learn ethnic

Read the article: Santa Rosa Junior College’s incoming president, Maria Angélica Garcia.pdfActions Read the article: Sonoma County students learn ethnic studies.pdfActions Read the Chapter: The Inner Work of Racial Social Justice Ch16.pdf (start reading on page 10-11, then go back to the first page)Actions As you read in the first article, the new

Read the article: Santa Rosa Junior College’s incoming president, Maria Angélica Garcia.pdfActions Read the article: Sonoma County students learn ethnic

Read the article: Santa Rosa Junior College’s incoming president, Maria Angélica Garcia.pdfActions Read the article: Sonoma County students learn ethnic studies.pdfActions Read the Chapter: The Inner Work of Racial Social Justice Ch16.pdf (start reading on page 10-11, then go back to the first page)Actions As you read in the first article, the new

Module 2 – SLPConsumer Behavior, Production and CostsSLP Assignment Expectations Economic Impacts for Producers This week’s case focused on the consumer

Module 2 – SLPConsumer Behavior, Production and CostsSLP Assignment Expectations Economic Impacts for Producers This week’s case focused on the consumer side of economics. Producers must manage more constraints in their decision-making. Session Long Project 2 Resources Producer Price Index (PPI) (2024) Purchasing Power (2024) The Producer Price Index: What it is and why

Module 4 – CaseDuty EthicsAssignment Overview Business Controversies from a Duty Ethics Perspective  Duty or deontological ethics highlights the inherent

Module 4 – CaseDuty EthicsAssignment Overview Business Controversies from a Duty Ethics Perspective  Duty or deontological ethics highlights the inherent rightness of an action, independent of outcomes. It promotes consistent moral behavior. In a rapidly changing world, duty ethics is often referred to as a steadfast moral compass.  **Complete Case

1. Business In your final journal for this course, you will discuss entrepreneurship and organizational behavior.  First, describe the characteristics of

1. Business In your final journal for this course, you will discuss entrepreneurship and organizational behavior.  First, describe the characteristics of entrepreneurs and the entrepreneurial mindset.  Next, define organizational behavior in your own words. Identify how a manager’s entrepreneurial mindset and knowledge of organizational behavior can lead to an organization’s

You deserve a bonus!

Subscribe and get regular bonuses and discounts.