Week 7 Discussion
Please respond to the following:
- An important step in developing a projected (pro forma) income statement is to create a sales forecast and calculate anticipated revenue for the business. Imagine you are creating a business; develop a sales forecast and estimate revenue for the first year of operation and describe the process you used to arrive at your estimates.
- Week 8 Discussion
- Please respond to the following:
- Using the Internet or Strayer databases, examine two sources of outside equity capital available to entrepreneurs. Next, describe the source(s) you would use if you were creating a new company. Explain your rationale.
Week 9 Discussion
Please respond to the following:
- You want to adopt a program to improve quality and efficiency within a company. Analyze four quality-control tools (Lean principles, 5S principles, Six Sigma, and Total Quality Management). Next, discuss which tool you would select to implement at a business. Justify your response.
Project Management:
Week 7 Discussion 1
In Week 6, your project sponsor informed you that you have to deliver your project much sooner than anticipated. When you break the news to your team, they are not happy with the decision; they are concerned that the project will now fail. Using the information from the readings, what can you do as a leader to reassure your project team that this is the right thing to do? What will you do to motivate them? Remember that they are professionals and threats or traditional carrots may not work.
Week 8 Discussion 1
Your stakeholders have asked the project team to recommend a solution to an unanticipated issue in the project. Describe how you plan to lead your group to make the best decision; address the four major steps. What project management tools would you use to prevent group think? How would you respond if a team member makes the following suggestion: “We should brainstorm and then critique each other’s ideas.”
Week 9 Discussion 1
Your project sponsor is not familiar with earned value management (EVM). You have been asked to provide him with a quick overview of EVM. Using the information covered in the readings, suggest the top three EVM performance measures (some may be indexes as well) on which you would educate your project sponsor. Explain what each measure tells the project manager. Also, identify other performance factors beyond EVM that you would communicate to your sponsor. Provide a rationale for your selection of topics.
The Power of effective of Effective Speaking:
Week 7 Discussion
Imagine that you recently read an article that highlights the benefits of a four-day workweek. You intend to persuade your company’s CEO that this is a viable option for the company. Which one of the following appeals would you focus on in order to convince your CEO that a four-day workweek is beneficial? Choose one of the following appeals and explain why you feel it will best assist you in convincing your company’s CEO.
- Ethos: character or disposition (credibility).
- Logos: logical (reasoning and evidence).
- Pathos: emotional.
Week 8 Discussion
Imagine that, over the weekend, you attended a coworker’s birthday party. During the birthday celebration, your coworker delivered speech. Which one of the aspects of the speech most appealed to you?
- Introduction and conclusion.
- Use of direct quotes.
Provide a thorough explanation for your choice. The following is your coworker’s speech.
“I would like to first start by thanking my family, friends, and colleagues who have honored me with their presence today. Over the years, I have learned that there is no specific formula for a long and prosperous life. However, I will share a few of the principles I live by and have found valuable.
- “Success is not final; failure is not fatal: It is the courage to continue that counts.” —Winston S. Churchill (1)
- “To be gritty is to keep putting one foot in front of the other. To be gritty is to hold fast to an interesting and purposeful goal. To be gritty is to invest, day after week after year, in challenging practice. To be gritty is to fall down seven times, and rise eight.” —Angela Lee Duckworth (2)
- “Always be nice to the people you meet on your way up in life as you may meet them again on the way down.” —Jimmy Durante (3)
- “When you come to a fork in the road, take it!” —Yogi Berra (4)
“I hope these words of wisdom help you create lives filled with peace, love, and joy. Thank you all for coming to celebrate my special day, and I look forward to our next celebration!”
Week 9 Discussion
In 2013, imagine that your friend graduated from Better Business University, and the university’s president recently asked her to deliver this year’s commemorative speech. During her meeting with the university’s president, she learned the following information about the graduates:
- 40% of the students have received job offers.
- 35% of the students intend to continue their education.
- 25% of the students are uncertain about their plans after graduation.
Based on this information, which one of the following visual aids do you think she should use to prepare her speech? Select one of the visual aids and provide a thorough explanation for your decision.
