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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CanGo does not seem to have any legitimate process flow charts‚ especially for its operations facility. Two floor plan layouts were drawn up. One for the current operation processes and one which shows the operation facility if CanGo invests and implements an ASRS (automated storage and retrieval systems). These two floor plans were referred to as flow charts. Flow charts consist of shapes and connectors which are labeled stating the flow of the processes‚ the decisions that can be made at specific
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Competitive Analysis CanGo.com February 21‚ 2010 Schettakka Davis The Big Five‚ Inc. Introduction This competitive analysis was conducted to aid in the development of CanGo‚ an online gaming website. This analysis focused on three competitors: Big Fish Games‚ iWin.com‚ and Pogo.com. The existence of these competitors indicates that there is indeed a market for online gaming. All of these competitors offer free online game play‚ game downloads‚ chat rooms‚ club memberships‚ and some
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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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Week 1 & 2 Analysis Report “Poor strategic planning is worse than no strategic planning. It can be a big waste of time and money” (“Strategic Thinking”‚ 2011‚ p.1). Strategic planning plays a very crucial role in helping organizations achieve their goals. The strategic planning process requires both managers and their subordinates to work together as a team to design‚ plan and implement those goals. We have noticed that there have been some deficiencies in the leadership of CanGo Inc. We
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Week 5 ideas for CanGo 1. Get new review forms and let the new review forms list a few goals for the employee to reach before the next review. 2. Another idea is a peer review‚ which would have everyone in the office fill out a review for each other but not put their name on the top. Then the person giving the review can put these together and get a better feel for how the people that work with the employee each day think they are doing. 3. Take Warren’s advice and expand the numbers
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CanGo Video Analysis- Week 2 The Innovative A’s Consulting Group is glad to run our analysis on your company’s operational process. Your company has done tremendous progress and indeed it is a recommendable success as it started out small and grew to be one of the leading businesses in the industry. In our analysis over the past two weeks‚ we observed that‚ if planned well‚ CanGo has a promising future ahead. Our team came up with certain issues being faced by your company‚ which we assume‚ if
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its flexibility Extra floor space from pickers allows for expansion Front-end Web site needs to tie directly to back-end order filler software to order directly in real time‚ linked to inventory data Finance/ cost?? For such a small company Video 3 Warren-where is the process flowchart Video 4-Pulling the trigger 75% eshoppers don’t pull the trigger (Bizzrate). Webpage heirarchy Virtual shopping is set up to mimic the same process as live shopping Investigate click-thru rate to see where
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University of Phoenix FIN/571 J. Woods December 11‚ 2013 Interpreting Financial Results Entrepreneurs and corporate owners utilize financial ratios as a tool to measure management benchmarking and performance. Financial ratios consist of asset turnover‚ calculations in productivity‚ liquidity‚ and monetary power. Liquidity ratios support business managers with shaping and fulfilling the business’ short-term financial needs. Asset turnover ratios are indicators that provide a report of revenue
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Professor Nicholas Jwayad May 30‚ 2010 Individual Analysis Report for WEEK 5 Presented By: Arlene Lewinson Team A: AVTAM Consulting Team Week 5 Individual Analysis of CanGo Performance appraisals is a tool used by CanGo employees and managers where they can communicate by sharing ideas‚ opinions and information; however‚ the managers are usually put in the position of being the judge of the employee. (www.toolpack.com) As I reviewed this week video lecture I found that‚ a great number of
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