CanGo Financial Analysis Report The success of a business depends on its ability to remain profitable over the long term‚ while being able to pay all its financial obligations and earning above average returns for its shareholders. This is made possible if the business is able to maximize on available opportunities and very efficiently and effectively use the resources it has to create maximum value for all involved stakeholders. One way the performance of a company can be measured on critical areas
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CanGo Analysis Report Table of Contents Executive Overview 1 Issue #1 1 Strategic Management 1 Resolution 1 Issue #2 2 Clear Objectives 2 Resolution 2 Issue #3 3 Project Management Training 3 Resolution 3 Issue #4 4 Taking ownership and communicating the company’s vision 4 Resolution 5 Issue #5 6 Team lead 6 Resolution 6 Issue #6 7 Team Communication Issues 7 Resolution 7 Conclusion 8 References 8 Executive Overview CanGo is a successful company
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Problem: CanGo has never prepared a SWOT analysis. This can lead to poor decision making and ineffective goal determination. Solution: Prepare a SWOT analysis which shows the company’s strengths‚ weaknesses‚ opportunities and threats. Strengths and weaknesses are often internal factors while opportunities and threats are external. CanGo needs to do a SWOT analysis in order to identify where they are strong and where they are vulnerable. To do a SWOT analysis CanGo needs to ask themselves the following
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Report of CanGo Veronica Perla BSN460ON Senior Project Dr. John Martin September 7‚ 2009 Overview CanGo is an Internet startup company that retails an exciting array of products and services‚ ranging from books and videos to online gaming‚ and prides itself on providing the best customer service in terms of product delivery and support. The company’s Web site is fun and easy to use; employing the latest technology in Web site development‚ product innovation‚ and services is how CanGo strives
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Executive Summary CanGo A successful internet startup company‚ CanGo has grown from a small retailer of books to an online retail hub where customers can purchase games‚ movies‚ music‚ and books. CanGo is looking to move forward into new and emerging markets such as online gaming while seeking to enhance their current operations through the use of technology. In order to help address any issues which may occur because of these proposed changes‚ CanGo has enlisted our consulting firm to help them
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CanGo has moved from a small startup to a recognized growth company having a recent IPO offering. CanGo is currently lacking in a critical area for any business. It needs to focus on Strategic Planning. Strategic Planning will benefit CanGo by allowing it to: 1. Clearly define its goals consistently with its Mission and Vision statement. 2. Communicate effectively its goals to all of the organization. 3. Provide a foundation on which to direct future efforts. CanGo has the layers for a hierarchical
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Analysis Inc. CanGo Business Analysis Team B DeVry University BUSN 460 Table of Contents Page EXECUTIVE SUMMARY............................................................................................................4 INTRODUCTION...........................................................................................................................4 SWOT ANALYSIS.........................................................................................................................5 FINANCIAL
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Financial analysis of CanGo CanGo has been growing rapidly ever since its formation. It experienced a greater than expected growth in revenues. However‚ the company is faced with some financial difficulties and so there is a need to take certain financial decisions. Also‚ it faces problems of controlling logistics related to growth. Rapid growth seems to be a blessing. However‚ it depends on the company’s ability how they deal with it. The holiday season of 2009 showed the company’s inability to
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SWOT is an acronym that stands for strengths‚ weaknesses‚ opportunities‚ and threats. The SWOT analysis will help CanGo understand the opportunities that are available and what threats may affect its operations. Before moving forward CanGo needs to assess the position they currently have in the market place. The use of a SWOT analysis technique will be beneficial at this point and will serve as the baseline to elaborate on a strategic plan for the organization. Be Bold has been observing CanGo’s
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. Lack of communication between departments * Observations-Issues: Lack of business planning and communication between CanGo departments were observed where the employees are not working together to give updates and status reports on which work has or has not been completed or which needs completion. * Analysis-Recommendations: Mandatory weekly meetings with each department managers‚ supervisors and key employees on project updates should be conducted. Communication is tremendously important
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