system being integrated while still operating the old system at the same time. Also Jack and Warren are not looking at the financial side of purchasing‚ installing and training the current employees on the new ASRS and also integrating it. Solution: CanGo company needs to start with just one ASRS system instead of purchasing two at this time since the company does not have the finances to offer 2 systems at the moment. The cost of ASRS system varies in size and how it functions within the warehouse
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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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throughout the electronic gaming industry which is rapidly growing much larger. According to‚ market research and analysis firm DFC Intelligence expects global games industry revenues to rise from $60.4 billion in 2009 to $70.1 billion in 2015. The importance’s of our consultant firm are to analysis and make recommendation to increase revenues‚ increase growth‚ and produce effective results. CanGo are involved in three kinds of electronic industries‚ which are elaborated into one company that includes e-books
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our initial analysis last week‚ NewGen had the opportunity to review CanGo’s financial statement. 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. NewGen leveraged our knowledge of Investment rations‚ breaking our analysis down into four (4) key areas‚ efficiency‚ financial leverage‚ liquidity and profitability. Attached you will find our financial analysis summary matrix
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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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Week 6 Video Analysis Team Go-Getters Issue 1: No clear strategy for expansion CanGo has had its success‚ and now they are looking into the future. Their question is‚ “What’s going to help them grow?” and as Liz said‚ “Turn them into a mighty oak.” CanGo recognizes that branching out and delving into new territory will be profitable and its popular with investors since they’re thinking of going for an IPO. The possibilities of adding e-books‚ streaming audio and video is hip but they also
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WEEK 3 & 4 VIDEO ANALYSIS ASPIRE BUSINESS CONSULTANTS March 23‚ 2012 CanGo is looking at becoming more productive within their specific demographic. Before doing so they have to make the appropriate actions to encourage the customers to follow through with their orders and expanding to different demographics. Aspire Business Consultants has become aware of six key issues with recommendations that will help provide a solid foundation for future endeavors. These issues cover a range
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Independent Analysis Report David Estrada Week 2 BUSN 460 OVERVIEW Conducting an impendent Analysis for the CanGo Company. OBSERVATIONS After watching this video I observed that the manager at CanGo assigned one of his employees (Nick) to implement a plan for online gaming. Nick agrees to this task‚ however very shortly after the conversation he became very overwhelmed after realizing how much research and work that was involved. ISSUES From what I can see in the video‚ CanGo is faced with
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think they are doing. 3. Take Warren’s advice and expand the numbers to 10 to give the reviewer more numbers to use. 4. Gail did not really express her opinions about Nick’s performance and how she felt in regards of his actions affecting the CanGo team. 5. when Warren was telling Nick about is job performance‚ Warren was not straight forwardEmployee assessments are vital to the success of a business. They allow you to give praise for a job well done as well as point out areas in the job
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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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