Business assistance | Management homework help

 

Mind Your Business  

 

 

COMPETENCIES TO MASTER

Can use logic, reasoning and analysis to address a business problem

Can locate and use information in basic business documents, such as manuals and reports

Can use a spreadsheet to perform a variety of calculations

Can write a business memo

Can use appropriate language, tone and word choice for the target audience

Can generate a variety of approaches to addressing a problem

Overview

You work for Winnie Widget, the president of Acme Widget Company. Acme is a small but growing company that has 26 current employees. The company is housed in an old factory building with several other small- and medium-sized companies. The area around Acme is very industrial and there are not many places to eat nearby. A number of employees have asked Ms. Widget to install vending machines in the office. Ms. Widget wants to keep employees happy but also wants to keep costs low. She needs your help. She has asked you to analyze the situation using a spreadsheet and to write up a memo in which you present the options and make a recommendation.

Directions

Part 1: Spreadsheet

Begin by consulting the relevant documents in the Project resources, including the employee survey and the brochures from two vending companies. Define the problem as precisely as you can and formulate the question you want to answer. Then, brainstorm possible solutions to the problem.

Next, complete the Spreadsheet in the Project resources to guide your analysis of the problem and possible solutions. Your spreadsheet should include:

the number of employees who want each machine.

the average purchases per day for those who responded “Yes.”

the monthly costs to Acme for each option.

the monthly cost for employees for each option.

the total monthly cost (Acme cost + employee cost) for each option.

Use the spreadsheet to perform the required calculations. Do not perform calculations yourself (on paper, with a calculator, etc.). Make sure to use the following formulas and functions at least once:

SUM

AVERAGE

PRODUCT or multiplication

QUOTIENT or division

COUNTIF or COUNTA

IF

After you have finished the spreadsheet, answer the following questions, which are included at the bottom of the spreadsheet:

Why is it useful to use formulas in this scenario?

Which formula did you find most useful or hardest to use, and why?

This spreadsheet will be submitted as one of two deliverables for this Project.

Part 2: Memo

Flesh out the details of your top three solutions that you think you will present in your memo. Note the advantages and drawbacks associated with each solution. Remember there are nonmonetary considerations as well. You can certainly use your own real-world knowledge in coming up with solutions, but be sure to work within the framework of the information provided.

Analyze your top three solutions, and decide which one is best and the key reasons why. Then, write a business memo to Winnie Widget. Your memo should:

briefly explain the situation.

explain three feasible solutions.

identify the best solution and explain why it is best.

be written in standard format (see the Business Memo Purpose and Format resource in the Project resources).

use appropriate language for its purpose (see Audience and Purpose resource in the Project resource).

be free of spelling and grammar mistakes.

 

DELIVERABLES

Completed Spreadsheet

Accepted File Types: .xls, .xlsx

Business Memo

Accepted File Types: .doc, .docx, .odt, .rtf, .txt, .pdf

 Project Resources

These are links to public external resources. Any comments or statements made on these public websites are not representative of College for America.

Spreadsheet

This resource contains the Acme Widget Company Employee Survey Results. Review the spreadsheet, explore the remaining Project resources, then complete the spreadsheet. Submit it as a deliverable for this Project.

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ADD TO LIST

Superior Sodas and More Brochure

Review this resource, which contains the brochure for Superior Sodas and More. 

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ADD TO LIST

Vendor Queen Bruchure

Review this resource, which contains the brochure for Vendor Queen.

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ADD TO LIST

Cell References, Formulas and Functions in Google Spreadsheets

Read this document, which explains the formulas you will need to utilize in the spreadsheet for this Project.

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ADD TO LIST

Business Memo Purpose and Format

Review this document, which contains the purpose of a memo, as well as instructions for appropriate formatting.

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ADD TO LIST

Creating Simple Formulas in Google Spreadsheet

Watch this video, which explains how to add, subtract, multiply and divide using Google Sheets. 

Note: The formulas operate similarly in Excel.

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ADD TO LIST

Creating Complex Formulas in Google Spreadsheets

Watch this video, which explains how to perform more complex calculations that require more than one type of operation using Google Sheets.

Note: The functions operate similarly in Excel.

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Audience and Purpose

Read this article, which describes the purpose of a memo and writing appropriately to an audience.

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Sample Memo

Review this resource, which contains a sample business memo.

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 Skill-Building Resources

These are links to public external resources. Any comments or statements made on these public websites are not representative of College for America.

CfA Citation Guide

This resource helps to explain how citations should be used in CfA Projects including formatting guidelines and where to get help.

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Goal Question and Answer Sessions

Read this document to learn how to join a live question and answer session about this Goal hosted by a College for America Goal Mentor.

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ADD TO LIST

Introduction to Google Sheets: Video Collection

Review these videos for an introduction to using Google Sheets. 

This is a SNHU Library resource. Consult the SNHU Library Resource Guide in Project resources for instructions on how to access SNHU Library resources.

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ADD TO LIST

Cell References, Formulas and Functions in Google Sheets

Read this document, which explains how to use functions, formulas and cell references in Google Sheets.

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ADD TO LIST

SNHU Library Resource Guide

Use this resource to learn how to access SNHU Library resources from within CfA projects. 

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APA Citation Question and Answer Sessions

Read this document to learn how to join a live question and answer session about citing information in APA format hosted by a College for America Goal Mentor.

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ADD TO LIST

 Rubric

The Rubric is used to evaluate your Project. Satisfying all of the Rubric criteria shows that you have mastered the project and the relevant competencies.

 

CriteriaMastery?   

Relevant information from the business documents has been identified and entered correctly into the spreadsheetYes

Not Yet   

Spreadsheet uses all required formulas appropriately and cell references wherever possibleYes

Not Yet   

All calculations are correct and use formulasYes

Not Yet   

Memo identifies problem accuratelyYes

Not Yet   

Memo contains an accurate analysis of the problemYes

Not Yet   

Memo includes three feasible solutions to the problemYes

Not Yet   

Analysis of problem and possible solutions is supported with evidenceYes

Not Yet   

Memo follows standard business memo format, with an introduction, body and closingYes

Not Yet   

Memo uses appropriate language, tone and word choice for target audienceYes

Not Yet   

Writing is clear, with no major errorsYes

Not Yet   

Any sources of information are cited using APA format, with no major errorsYes

Not Yet 

 

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