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The assignment is to create a 12.5 page multiple source essay (not including the introductio) deconstructing peer-reviewed journal articles. This is an essay about Joint Ventures, Partnerships, Strategic Alliances, and Licensing within mergers and acquisitions.

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The assignment is to create a 12.5 page multiple source essay (not including the introductio) deconstructing peer-reviewed journal articles. This is an essay about Joint Ventures, Partnerships, Strategic Alliances, and Licensing within mergers and acquisitions. It MUST follow the format. Include only drafted journal articles, not books or websites. Sections of the paper should include the dening/highlighting the following: -Introduction -Thesis -What is a joint venture -advantages of joint ventures in mergers and acquisitions -disadvantages of joint ventures in mergers and acquisitions -partnerships in mergers and acquisitions -dene Strategic alliances -elaborate on strategic alliances within mergers and acquisitionsLicensing within mergers and acquisitions -conclusion You must state the problems listed in the article, list if the problem is able to be resolved, list if the framework fails to resolve the problem, agree or disagree on ndings, historical events, or other aspects of the problem. Converge or diverge concerning assumptions, concepts, and other important elements. Offer differing perspectives or worldviews regarding the problem. If there are weaknesses in the article highlight them, clearly articulate the weakness using a few simple statements illustrating how the weakness appears within the framework and how it fails to address or supports the existence of the problem. The analysis requires the additional components: • Three APA formatted short quotes used to support the paper. • Two APA formatted gures representing the initial and revised framework Need a thesis, an introductory paragraph, paragraph explaining the utility and appropriateness of deconstruction while seeking a solution to the problem. •Several pages dedicated to explaining the framework’s components and their interactions as a constructed system. This portion should also discuss how the framework facilitates a solution to the problem. •Several pages dedicated to the deconstruction of the framework exposing the weakness. This portion should also discuss how the framework, with its weakness, enables, amplies, or supports the problem. And a segment dedicated to a single modication of the framework transforming it into a more effective framework for tackling the problem

Based on this week’s reading chp 3-4 in Balswick, J., & Balswick, J. (2008). Au

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Based on this week’s reading chp 3-4 in Balswick, J., & Balswick, J. (2008). Authentic human sexuality: An integrated Christian approach (2nd ed.). Downers Grove, IL: Intervarsity Press. ISBN: 978-0-8308-2883-8. Explain what does the author mean when referring to “Authentic Sexuality”? In what ways does this inuence the way a person experiences a relationship? Use Chapter 3-4, Lecture Notes and/or external research to support your discussion. Minimum 350-word count in answer to the question with in text citations to include Integration of Christian worldview and biblical themes into responses as appropriate. APA format. If you do not have access to the reference listed in post please do not bid on post. The post Based on this week’s reading chp 3-4 in Balswick, J., & Balswick, J. (2008). Au appeared rst on

Applying P-O-L-C case study

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Assignment 3:  Applying the P-O-L-C (Week 8)

Purpose: 

The third assignment, a consultancy report, provides students with the ability to demonstrate that they have mastered the course content and can apply theories, concepts and ideas learned throughout the course to a situation that emulates a real world situation.  Students will read the case study that focuses on the four functions of management:  planning, organizing, leading and controlling (P-O-L-C) and respond to the required elements of the assignment.

Writing reports in business is commonplace so writing a consultancy report provides students the opportunity to demonstrate a skill that employers are looking for from an employee.

Outcome Met by Completing This Assignment:

  •          integrate management theories and principles into management practices
  •          employ effective planning processes to develop strategies, goals, and objectives in order to enhance performance and sustainability
  •          organize human, physical, and financial resources for the effective and efficient attainment of organizational goals
  •          demonstrate leadership skills by communicating a shared vision, motivating and empowering others, and creating a culture of ethical decision-making and innovation
  •          develop measures and assess outcomes against plans and standards to improve organizational effectiveness
  •          identify the essential characteristics of decision making and indicate the range and types of decisions a manager makes

Instructions:

You have been hired as a consultant to help Carl Thomas and his family to solve the problems with his business both day-to-day and over the long term (strategically).  You will create a consultancy report that covers the four functions of management.  In creating the consultancy report, you must also demonstrate how the four functions of management are interrelated showing how issues in one function impact other functions.

In speaking with Carl, John, and Joe, you already know the following about the business owners:

  1. failed to develop or share a mission statement;
  2. failed to determine the best way to organize resources, including personnel;
  3. underestimates the importance of recruitment, job design and descriptions, and training;
  4. assumed that motivation will occur naturally;
  5. fails to define standards and other measurable outcomes;
  6. ignored negative information;
  7. delayed actions to improve organizational outcomes.

Be succinct in your writing but persuasive so that the recommendations will have positive outcomes for the business.

Students are not using buzz-word and are not defining terms using a dictionary.  Students are expected to present the material in a professional manner describing and explaining to the owners.  As a consultant, you should be secure in your presentation to Carl, John, and Joe.  Avoid telling the owners that they should do this or must do that but write in an action-oriented manner.  Students are expected to make connections between the facts of the case study and concepts, theories, and ideas presented in the course material.

Step 1:  Review “How to Analyze a Case Study” under Week 3 Content.

Step 2:  Create a Word or Rich Text Format (RTF) document.  This consultancy plan should be presented in a professional manner using single space, double-spaced between paragraphs.  The final product will be between 5-7 pages in length excluding the title page, diagrams and reference page.

Step 3:  Title page with your name, the course name, the date, and the instructor’s name.

Step 4:  Since students are probably not familiar with writing a consultancy report, the following resources have been provided to assist in writing the report.

Outline for Consultancy Report

Step 5:  In writing a case study, the writing is in the third person.  What this means is that there are no words such as “I, me, my, we, or us” (first person writing), nor is there use of “you or your” (second person writing).  If uncertain how to write in the third person, view this link:  http://www.quickanddirtytips.com/education/grammar/first-second-and-third-person

Step 6:  In writing this assignment, students are expected to support the reasoning using in-text citations and a reference list.  If any material is used from a source, it must be cited and referenced.  A reference within a reference list cannot exist without an associated in-text citation and vice versa.  View the sample APA paper under Week 1 content.

Step 7:  In writing this assignment, students are expected to paraphrase and not use direct quotes.  Learn to paraphrase by reviewing this link:  https://writing.wisc.edu/Handbook/QPA_paraphrase2.html

Step 8:  In writing this assignment, students may use external resources but the majority of resources will come from the course readings with a wide array of readings used.  

Step 9:  Review the grading rubric for the assignment.

Step 10:  Read critically and analyze the case study provided under Week 5 content.   Notate the key points in the case study.

Step 11:  Create an executive summary.   Although a report must be complete when presenting to a client, the expectation is that there is an executive summary so that the client can read quickly the main features of the report.  The executive summary should be written in a way that makes the client want to read more so it must have enough information to see the potential behind the recommendations without having to read the entire report.

So you aren’t sure how to write the executive summary.  Check out this resource to help you write the summary:

How to Write an Executive Summary:  http://articles.bplans.com/writing-an-executive-summary/

Step 12:  Respond to the required elements of the assignment.  Be clear and concise in the writing and make sure the questions are comprehensively answered.

  • In creating the consultancy report, students will first assess the business and identify specific areas of strengths and weaknesses of the business as it relates to the components of the P-O-L-C. In completing this section, do not create a heading for each element of the P-O-L-C but write from the perspective of the consultant discussing the strengths and weaknesses of the business;
  • Select a management model (class hierarchy, democratic hierarchy, collaborative management or collective management) and explain why the selected model is most appropriate for Outdoor Adventure Paintball Park;
  • Develop roles and responsibility of the owners and employees (Be creative in completing this task);  Discuss why these positions are necessary to the business;
  • Discuss communication and the flow of decision making in relation to the management model;
  • Make specific recommendations for improving the management of Outdoor Adventure Paintball Park. Cover all aspects of the P-O-L-C.  This area of the paper specifically addresses the areas of strengths and weaknesses identified above and puts in place a plan for the short and long –term success of the business;
  • Create a balanced scorecard that will help Outdoor Adventure Paintball Park align its business activities to the vision and strategy of the organization, improves communication and monitors performance against goals;
  • Students are expected to show what they have learned in the course by applying theories and concepts. Be sure to support your reasoning.

Step 13:  Using the grading rubric as a comparison, read through the paper to ensure all required elements are presented.

Step 14: Proofread the paper for spelling and grammatical issues, and third person writing.

  • Use the spell and grammar check in Word as a first measure;
  • Have someone who has excellent English skills to proof the paper;
  • Consider submitting the paper to the Effective Writing Center (EWC).  The EWC will provide 4-6 areas that may need improvement. 

Step 15:  Submit the paper in the Assignment Folder.

Final Project case study – Applying the P-O-L-C

Carl Thomas worked for one of the big outdoor sporting goods stores for more than seven years.  Although he never completed his degree, Carl took some management courses at the local community college.  The knowledge he gained from his coursework along with his own tenacity enabled him to rise into entry-level management. Although Carl enjoyed his job, he couldn’t help wondering if there was more to life.  Carl always wanted to open his own business because he wanted to be his own boss and thought he might be able to earn a decent living.

Recently, retired from a career with the school system as a PE teacher and sports coach, Carl’s Uncle John was looking to fulfill his dream of having an outdoor adventure business.  He had inherited some property years back but had not done anything with the land to this point. When Uncle John learned that Carl was thinking along the same lines, he determined it was time to start a business.  The two decided to go into business together and brought in Carl’s younger brother, Joe, who was working part-time as an athletic trainer. The trio combined their savings and started hashing out a plan to use the five acres of land that Uncle John had inherited.

The concept was simple…to open a business where teenagers, young adults, and work teams from local businesses could enjoy hours of outdoor fun and entertainment.  There was limited sports and entertainment for the target audience so the family decided to open a themed outdoor paint ball park, which they called Outdoor Adventure Paintball Park.  Outdoor Adventure offers customers a choice of five battlefields, each offering a different level of play.

Each field provides a unique experience for hours of enjoyment.  There is the civil war field with a simulated headquarters and trenches; an old castle, which is made of multiple levels and a tower; the woods, which offers a true woodsy battle with placement of several man-made buildings for additional cover; the village, which is a large field with a wooded section running down one side, a two story building and bunkers in the middle, with a creek running down the other side; and the hill, which contains a wooded section and a number of bunkers on a steep incline. A small store is strategically placed in a location central to the fields to eliminate the need for guests to leave the playing area.

The costs to customers vary, with rental packages starting at $25 per person. Customers may also purchase a la carte based on their individual needs. Additionally, season passes are available for a cost of $150 and birthday party packages are available for $300.  The minimum age to participate in a paint ball event is 10 years.

In addition to the five battle fields, there are six air ball fields that are formatted for 3, 5 and 7-man tournament play.  Air ball fields offer a variety of layouts that are constantly changed to keep up with the latest craze in tournament play.  Many of the fields have dedicated fill stations to eliminate the need for players to leave the field to reload.

The facility also includes a shooting gallery designed to allow individuals to sharpen their shooting skills.  The gallery contains high velocity paint guns and a variety of still and moving targets.  Players may practice aiming, have shootouts or just blast away at targets for sheer enjoyment.

Carl manages the business and spends most of his time in his office with the door closed, Joe trains new employees and supervises paint ball events, and Uncle John has oversight of the shooting gallery. The business started with three employees but has grown quickly to a staff of 20.

The venture seemed like a good idea.  The family’s passion for sports and working with youth appeared to be paying off.  There are loyal repeat customers who purchase expensive equipment and supplies from Joe. These customers also enjoy attending extra training and information sessions. The tournaments have become popular and the local news has been covering the events.  Moreover, the business has a reputation for being a safe family friendly environment.

However, recently, Outdoor Adventure has been experiencing growing pains.  Scheduling is becoming more challenging as the activities on the field increase.  Staff is pulled from one area of the park to provide coverage in another.  Employees are starting to complain that they do not understand their job duties outside of the paint ball fields and feel they need additional training and procedures.  Additionally, a major event was missed due to double-booking.  A number of customers have expressed their displeasure with the service and, as a result, spending less time on the field.  Local businesses are not responding to special discounts for employee events.  There has been an increase in workplace mistakes but fortunately these have not resulted in serious accidents.  Customers and employees are starting to question the leadership and often ask, “How long can a business like this one last?” or “Who’s running the show?”

Carl has noticed a dip in sales and is now starting to feel they are losing control of the business.  While the two closest competitors are 30 – 45 miles away and do not offer nearly the same amenities, Carl understands that if they do not do something quickly, their customer base may decide travel to the competition.  Moreover, his passion for owning a sports-oriented business is waning.  He is concerned about the continued success of the business but the work no longer seems fun or interesting.

Uncle John, on the other hand, is not interested in discussing the books and does not see any need to worry.  He is not concerned about what he calls “a few random incidents” and sees the dip in sales as an indication that it would be a good idea to expand the offering.  In fact, he has been presented with the possibility of forming a paint ball competing team.  He feels this opportunity is too big to pass up and wants to convince the others that it’s a good time to pursue.

There are two parts to this task:

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There are two parts to this task:
Part A – You are to research priority-managing tools/technolo of these tools/technologies. gies and create a weekly schedule using one
Part B — You are to research and report on managing stress and wor programs. kplace health and well-being
WHAT DO I NEED IN ORDER TO COMPLETE THIS ASSESSMENT?
Computér•with Microsoft Won or similar program
• Access to the internet for research.
WHEN DO I DO THIS TASK?
You will do this task in the classroom and/or as homework. Your assessor will advise Write in the due date as advised by your assessor:
WHAT DO I NEED TO SUBMIT?
Part A: Email with research notes, weekly schedule and updated schedule.
• Part B: Research report.
WHAT DO I NEED TO DO IF I GET SOMETHING WRONG?
If your assessor sees that you have not completed the task satisfactorily correctly you will be given the
Opportunity to redo the task. Your assessor will discuss an appropriate timeframe with you for resubmission.
PART A — RESEARCH PRIORITY MANAGEMENT TOOLS
INSTRUCTIONS TO:
I. You are required to •research at least three useful technologies/tools that managers can use to manage their work priorities. Your research should be such that you are able to describe each of the three tools/technologies and how it assists in planning and prioritising work.
2. Using one•of the technologies you have researched prepare a schedule for a typical week incorporating all of the tasks listed for the job role provided to you by your assessor. You will also need to factor in at least 30 minutes a day for relaxation to ensure a work-life balance. This can be any activity you choose. Assume your working hours are from gam to 5pm with a 30-minute lunch break and that your travel time to work each day is 30 minutes each way. You should also include at least 2 x 2 hours slots during your week to catch up on jobs not completed.
If you are working you may create a schedule based on your own work tasks and working hours.
3. On the Tuesday afternoon one of the systems your team uses breaks and the IT team is working on a solution. This has pushed back your team’s weekly schedule by at least half a day. On the Wednesday morning your General Manager asks you to meet with them as an unexpected issue has been raised; that meeting takes 2 hours out of your day. Make changes to your electronic schedule to fit these unexpected tasks in while maintaining your work-life balance. Provide a justification
Submit the notes of your research, your weekly schedule and your adjusted schedule to your via email. Your email should provide your justification for the re-scheduled tasks.
Jdent assessment tool_BSBWOR501 Manage work Priorities and professionál development rsion 03.17
No. 031520 RTO No. 22207
Page 20
PART B — RESEARCH AND REPORT ON STRESS
INSTRUCTIONS:
I. Your workplace has a high rate of incidents related to stress and internal research shows that staff don’t know how to maintain a work life balance. The General Manager has asked you to complete some research and report on the signs and impact of stress, strategies that staff can use at home and at workto manage their stress and the benefits of health and wellbeing programs for the organisation. You have also been asked to recommend four health and wellbeing programs that your employer will support during business hours.
2. Prepare a report of approximately two pages that outlines your research and your recommendation for the four health and wellbeing programs. Your recommendations should be based on evidence of effectiveness and success, and include enough detail for the General Manager to make a decision on whether to proceed. Be sure to quote your sources of information.
3. Submit your report to your assessor via email.
*What ‘do neediohand in foi this task? Havel completed’this?. Part A:
Research notes
Weekly Schedule
Updated schedule Part B:
Research report
Page 21 of 26
TASK SUMMARY:
There are four parts to this task:
Part A – You are to identifry a company and job role and plan personal work goals.
Part B – You are required to assess Your skills and knowledge against competency standards to
Part C You are to seek feedback from others to identify, evaluate and select suitable development
Part D – Develop a personal development plan and summarise a policy.
WHAT DO I NEED IN ORDER TO COMPLETE THIS ASSESSMENT?
• Access to textbooks and other learning materials
Access to a computer with internet
Self-assessment template (provided)
Interview response form (provided)
Personal Development-Plan Template (provided) Professional Development Policy (provided).
WHEN DO I DO THIS TASK?
You will do this task in the classroom or as homework – your assessor will advise you as to which is
Write in the due date as advised by your assessor:
WHAT DO I NEED TO SUBMIT?
Part A —A report
Part B — Self-assessment
Part C — A memo and a summary of the interview responses
• Part D – PerŠonal development plan and policy brief
WHAT DO I NEED TO DO IF I GET SOMETHING WRONG?
If your assessor sees that you have not completed the task satisfactorily correctly you will be given the opportunity to redo the task. Your assessor will discuss an appropriate timeframe with you for resubmission.
—PART-A —IDENTIFY COMPANY AND JOB ROLE
INSTRUCTIONS:
I. Choose a company that you would be interested in working for, as well as a job role within that company. The role you choose should be at a managerial level, such as a Marketing Manager or Human Resources Manager. You will need to be able to access a position description and the company’s website. Your assessor can provide you with assistance in identifying this information if you are having difficulty accessing such information.

Page 22
2. Review the-company’s Website and position description. COñsiderwhat your Work goals for 12m0nthS would be if you were in that position. One of the work goals should be in relation to your own professional
3. Prepare a professional, error free brief report of approximately one page covering the following topics:
a) An overview of the company that you have chosen, including the purpose of the business and where it is located and their website address. If you are working you should provide information about your
b) An overv’iew of the companys goals or objectives. If you are working, you should discuss your own companys overall goals and objectives.
c) An overview of the position description for the job role you are interested in. Explain why you are interested in the job role and describe the key responsibilities of the job role.
d) An outline of the five work goals that you have identified for the Dosition, including why these goals are relevant to the jot) tote and the companys strategic goals/plans. Explain why these are suitabie goais for a 12 month period.
4. Submit your report to your assessor.

INSTRUCTIONS:
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1. Identify two Units of Competency from the Advanced Diploma of Leadership and Management to assess your skills and knowledge against
Your assessor will provide the website reference to find this information and will be able to provide guidance with the selection of units if required.
2. Complete the self-assessment of the two units using the self-assessment template provided by your assessor.
3. Submit the self-assessment to your assessor.

INSTRUCTIONS:
1. Complete professional competence research
a) Interview at least three of the following people; friends or colleagues, family rnernbers or fellow students who currently work as a manager. Use the interview response form to document their responses.
Ask them to identify the skills and knowledge that they consider most important for a manager to develop.
In addition, ask them to discuss one example of a professional development activity they have undertaken and how this was beneficial to them. Ask them whether they would recommend this activity to you as part of your development
Discuss your ranking in your self-assessment and ask for suggestions for any additional professional development activities you could complete to develop your competence.
Student assessment tool BSBWOR501 Manage work Priorities and professional development
Version 03.17
Page230f26 Networking Review
a) describe field could
b) For the three formal networks identify:
organisation name and contact details including telephone and email the services offered by the networking organisation the costs involved in joining the networking organisation the benefits you believe joining the network brings to you any other relevant information details of an upcoming event provided by the organisation that you are interested in and why you
Research potential professional development activities that you could complete in your local area or
capital city that would help you develop your competence in the units that you have self-assessed. Note

Prepare a memo with the outcomes of your research, your network review and a list of at least four

potential development activities. Send the memo and the interview responses in an email to your assessor that includes an introduction and a brief summary of the interview responses.

INSTRUCTIONS:
Personal Development Plan. You are required to develop a professional development plan. Your assessor will provide you with a template for completion. You must complete all sections of the template:
Your personal and professional goals for the next 12 months and five years
Your perceived strengths in your skills and knowledge, as well as areas that you would like to improve or gaps you would like to fill e.g. as identified through your self-assessment, interviews or in response to new industry trends.–
Four professional development activities based on areas for improvements and/or gaps you have
identified. The activities may be a combination of long and short term goals and may also include the networks that you have identified.
One of the activities you identify should be able to be completed prior to the completion of this unit of study through one of your identified networks as you will need to participate and report on this professional development activity for Assessment Task 4. You should choose an activity that you can easily participate in such as attending a free networking event or webinar or watching a video or participating in a discussion on a professional blog or in Linkedln.
At least one of the professional development activities you identify should be in response to the feedback provided in part B of this assessment.
For each activity provide the reason(s) why you have identified this as a Pïiority and by when you would like to address the priority. Include an explanation about how each suits your learning style.
Read the Professional Development Policy and provide a brief overview of how one of your planned activities fits with the policy, for example, who will cover the cost, who will approve the activity, how much financial support will be provided and what are your next steps.
Submit the Personal Development Plan and your policy brief to your assessor in an email with an introduction on how you can serve as a role model in a workplace through work planning.
•Have l completed this?
assessment tool BSBWOR501 Manage Work Priorities and professional development
031520 RTO No. 22207
2.
3.
4.
1.
2.
3.
Whatdo;l
Part A
Student Version 03.17 CRICOS No.

BIZ201 Accounting for Decision Making

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ASSESSMENT BRIEF
Subject Code and Title BIZ201 Accounting for Decision Making
Assessment Case Study Part A
Individual/Group Individual
Length 1,500 words
Learning Outcomes b) Apply relevant accounting concepts to simple business scenarios.
c) Interpret and analyse the information contained in general purpose financial statements, to evaluate the overall financial position and performance of a business.
Submission By 11:55 pm AEST/AEDT Sunday of Module 4 (week 8)
Weighting 30%
Total Marks 100 marks
Context:
This assessment is aimed at consolidating knowledge from Modules 1-3. By prescribing this assessment, you are able to reflect on your understanding of accounting concepts and be able to apply them to business scenarios like given in this case study.
Instructions:
1. This assignment must be prepared and submitted individually, the work you submit must be your own.
2. Two files have to be submitted, Excel Worksheet together with the Business Report.
3. You should include a reference list for any textbooks, websites or other references you use to prepare your answers. Apart from the reference list at the end of the report, use in text referencing whenever appropriate.
4. For all questions you are required to show all workings. When calculating in Excel, appropriate Excel formulas will need to be shown. Copy pasted numbers with no workings provided are not acceptable.
5. Unless otherwise instructed, round your numerical answers to two decimal places.
6. Submit your assessment files using the following naming convention: First Name_Last Name_BIZ201_Case_Study A_Assessment3_Workbook.xlsx
First Name_Last Name_BIZ201_Case_Study A_Assessment3_Report.doc
Crystal Hotel Pty Ltd is a privately owned 3.5 stars hotel located in Paramatta CBD in Sydney. The Hotel consists of 160 rooms with maximum capacity of 350 guests, a restaurant with capacity of 150 guests, a function room with maximum capacity of 250 guests and a conference room with maximum capacity of 200 guests. The average price per room per night is $148.
While the hotel is located in a very popular location and close proximity to the Brisbane River and the city centre, it is becoming quite out-dated. The owners rely heavily on their corporate clientele. Clients usually use the hotel for their expat employees. Due to long term contracts they pay on credit with invoices being issued at the end of each month. The hotel is often faced with outstanding invoices. The owners have so far tolerated it as it usually occurs with their long term clients. Additionally to the accommodation services, they often use hotel facilities for their functions and conferences.
The hotel is constantly having difficulties retaining a good quality staff as they always get junior personnel, which once gaining experience will usually leave for better opportunities in hotels with higher ratings. The biggest issue is to retain high quality personnel in the hotel restaurant, especially a chef.
The owners would like to increase the hotel star rating by renovating or refurbishing the hotel and improving their services. They are thinking about building a Wellness Centre on the rooftop of the hotel, which would include a massage treatment room, gym, spa, sauna and an outdoor pool.
As new plans will require quite extensive capital investment, the owners would like to know where they stand financially before making any major decisions.
You have been appointed to analyse their financial statements and to give them an insight on which areas should be improved and analysed further.
You are expected to conduct the financial statement analysis in Excel and then use your findings in creating a business report to be submitted to the client.
REQUIRED:
PART 1 – to be done in Excel
1. Vertical analysis of financial statements:
a. Conduct Vertical Analysis of the Crystal Hotel Balance Sheet using the Case Study
Excel Workbook. The workbook is attached under Assessment Information section (AU – Crystal Hotel Case Study Workbook Part A student.xlsx). Open the Vertical Analysis Balance Sheet worksheet.
b. Conduct Vertical Analysis of the Crystal Hotel Income Statement for the year ending 30 June 2015 using – Vertical Analysis Income Statement worksheet of the same workbook (AU – Crystal Hotel Case Study Workbook Part A student.xlsx).
2. Conduct Ratio Analysis using Ratio Analysis worksheet of the same workbook (AU – Crystal Hotel Case Study Workbook Part A student.xlsx).
PART 2 – to be included in the Business report
3. Using the Income Statement Vertical Analysis prepared in Excel, conduct Income Statement comparative analysis to the industry benchmarks included in Table 1 and Table 2 of the Appendix.
Comment on how the business is performing comparing to the industry.
Include comments on Revenue, Cost of sales (excluding personnel costs), Personnel costs, unallocated Operating Costs and Total Costs proportions.
Based on the results of your comparative analysis make recommendations on areas needing an improvement or further investigation.
4. Using the results of the Ratio Analysis in Excel, comment on Profitability, Efficiency, Liquidity and Solvency of the business. With reference to the industry data provided, make recommendations when appropriate.
5. There are additional industry specific performance indicators and benchmarks that the hotel could use when comparing itself to the industry. Conduct a research and recommend 3 additional industry specific benchmarks the hotel could use in their comparative analysis. Include a brief explanation of each benchmark you are recommending including formulas when appropriate.
Appendix – Industry Data
Table 1 Profit and Loss per Number of Rooms
Table 2 Profit and Loss based on average Room Price Range
Learning Rubric: Assessment 3
Assessment Attributes Fail (Unacceptable) (0-49) Pass
(Functional)
(50-64) Credit
(Proficient)
(65-74) Distinction
(Advanced)
(75-84) High Distinction
(Exceptional)
(85-100)
Grade
Description
(Grading Scheme)
Fail grade will be awarded if a student is unable to demonstrate satisfactory academic performance in the subject or has failed to complete required assessment points in accordance with the subject’s required assessment points. Pass is awarded for work showing a satisfactory achievement of all learning outcomes and an adequate understanding of theory and application of skills. A consistent academic referencing system is used and sources are appropriately acknowledged. Credit is awarded for work showing a more than satisfactory achievement of all learning outcomes and a more than adequate understanding of theory and application of skills. A consistent academic referencing system is used and sources are appropriately acknowledged. Distinction is awarded for work of superior quality in achieving all learning outcomes and a superior integration and understanding of theory and application of skills. Evidence of in-depth research, reading, analysis and evaluation is demonstrated. A consistent academic referencing system is used and sources are appropriately acknowledged. High Distinction is awarded for work of outstanding quality in achieving all learning outcomes together with outstanding integration and understanding of theory and application of skills. Evidence of indepth research, reading, analysis, original and creative thought is demonstrated. A consistent academic referencing system is used and sources are appropriately acknowledged.
Application of Vertical
analysis of financial statements
SLO Addressed:
c) Interpret and analyse the information contained in general purpose Demonstrates no
application of vertical analysis of Balance Sheet and Income Statement. Excel formulas are not used for calculation. Demonstrates limited application of vertical analysis of Balance Sheet and Income Statement. Few correct Excel formulas are used for calculation.
Demonstrates consistent application of vertical analysis of Balance Sheet and
Income Statement. Not all Excel formulas used for calculation are correct. Demonstrates an advanced application of vertical analysis of Balance Sheet and Income Statement. Most Excel formulas used for calculation are correct. Consistently demonstrates an advanced application of vertical analysis of Balance
Sheet and Income Statement. All Excel formulas used for calculation are correct.
financial statements, to evaluate the overall financial position and performance of a business.
22%
Calculation of appropriate financial
ratios
SLO Addressed:
c) Interpret and analyse the information contained in general
purpose financial statements, to evaluate the overall financial position and performance of a business.
16% Demonstrates no evidence of use excel formulas and relevant worksheets to calculate appropriate ratios. Demonstrates limited evidence of use excel formulas and relevant worksheets to calculate appropriate ratios. Demonstrates consistent evidence of use excel formulas and relevant worksheets to calculate appropriate ratios. Demonstrates an advanced evidence of use excel formulas and relevant worksheets to calculate appropriate ratios. Consistently demonstrates an advanced evidence of use excel formulas and relevant worksheets to calculate appropriate ratios.
Comparison of Vertical analysis of financial statements calculations No understanding of use Vertical Analysis of financial statements Limited understanding of use Vertical Analysis of financial statements Demonstrates consistent understanding of use Vertical Analysis of financial Well demonstrated understanding of use
Vertical Analysis of financial Excellent demonstrated understanding of use
Vertical Analysis of financial
with industry values including comments on
various types of costs
SLO addressed:
b) Apply relevant accounting concepts to simple business scenarios.
c) Interpret and analyse the information contained in general
purpose financial statements, to evaluate the overall financial position and performance of a business.
23% calculations prepared in Excel for comparison to industry values provided in the Appendix.
No comments on
Revenue, Cost of Sales,
Personnel Costs,
Unallocated Operating Costs and Total Costs proportions. calculations prepared in Excel for comparison to industry values provided in the Appendix. Limited comments on
Revenue, Cost of Sales,
Personnel Costs,
Unallocated Operating Costs and Total Costs proportions. statements calculations prepared in Excel for comparison to industry values provided in the Appendix.
Some comments on Revenue,
Cost of Sales, Personnel
Costs, Unallocated Operating Costs and Total Costs proportions. statements calculations prepared in Excel for comparison to industry values provided in the Appendix.
Good comments on
Revenue, Cost of Sales,
Personnel Costs,
Unallocated Operating Costs and Total Costs proportions. statements calculations prepared in Excel for comparison to industry values provided in the Appendix.
Well commented on
Revenue, Cost of Sales,
Personnel Costs,
Unallocated Operating Costs and Total Costs proportions.
Understanding of
Profitability, Efficiency, Liquidity and Solvency of the business using ratio analysis with reference to industry data
No use of ratio analysis to
demonstrate the understanding of
Profitability, Efficiency, Liquidity and Solvency of the business. No reference to industry data is provided. Limited use of ratio analysis
to demonstrate the understanding of
Profitability, Efficiency, Liquidity and Solvency of the business. Limited comments were made with Well-developed use of ratio analysis to demonstrate the understanding of
Profitability, Efficiency,
Liquidity and Solvency of the business. Some comments are made with reference to industry data provided. Thoroughly developed understanding of
Profitability, Efficiency, Liquidity and Solvency of the business by using ratio analysis. Good comments were made with reference to industry data provided. Highly developed understanding of
Profitability, Efficiency, Liquidity and Solvency of the business by using ratio analysis. Recommendations are clearly justified based
SLO addressed:
b) Apply relevant accounting concepts to simple business scenarios.
c) Interpret and analyse the information contained in general purpose financial statements, to evaluate the overall financial position and performance of a business.
23% reference to industry data provided.
on reference to industry data provided.
Application of own research to further develop comparative analysis of hotel
SLO addressed:
b) Apply relevant accounting concepts to simple business scenarios. No evidence of own research to provide examples of three industry specific benchmarks the hotel could use for further comparative analysis. No explanation of any benchmark including formulas is provided. Limited evidence of own research to provide examples of three industry specific benchmarks the hotel could use for further comparative analysis. Limited explanation of any benchmark including formulas is provided.
Consistent evidence of own research to provide examples of three industry specific benchmarks the hotel could use for further comparative analysis. Consistent explanation of each benchmark including formulas is provided. Demonstrates an advanced evidence of own research to provide examples of three industry specific benchmarks the hotel could use for further comparative analysis. Well-developed explanation of each benchmark including formulas is provided.
Highly sophisticated evidence of own research to provide examples of three industry specific benchmarks the hotel could use for further comparative analysis. Thoroughly developed explanation of each benchmark including formulas is provided.
c) Interpret and analyse the information contained in general purpose financial statements, to evaluate the overall financial position and performance of a business.
10%
Correct citation of key resources and evidence
Overall structure, appearance and referencing of the
report are assessed
6% Demonstrates inconsistent use of good quality, credible and relevant resources to support and develop ideas. Demonstrates use of credible and relevant resources to support and develop ideas, but these are not always explicit or well developed. Demonstrates use of high quality, credible and relevant resources to support and develop ideas. Demonstrates use of good quality, credible and relevant resources to support and develop arguments and statements. Shows evidence of wide scope within the organisation for sourcing evidence. Demonstrates use of highquality, credible and relevant resources to support and develop arguments and position statements. Shows evidence of wide scope within and without the organisation for sourcing evidence.
of 10

Write a 1500 word essay on one of the following topics.

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Write a 1500 word essay on one of the following topics. This is a communication course so it is important that your discussion of the topic is written from a communication perspective.
Topic 1
Olfactics is a type of nonverbal communication that can have an impact on an individual’s personal and/or professional life. Do you agree/disagree?

IMPORTANT: Please read the following before starting your essay. Note: These readings should be a starting point for your research.
· Chapter 10 Kossen, Kiernan & Lawrence
· Module 9 – Nonverbal communication (see Note below).
For planning this assignment you will need to think about the topic. You will need to decide what your viewpoint on this topic is. In other words, do you agree, disagree, or perhaps think there are two sides to the question. What you think about the topic will be your thesis statement.
Topic 2
Self-awareness is vital in understanding and improving communication. Do you agree/disagree?

IMPORTANT: Please read the following before starting your essay. Note: These readings should be a starting point for your research.

· Chapter 12, Kossen, Kiernan & Lawrence
· Module 6 – Interpersonal Communication (see NOTE below).
For planning this assignment you will need to think about the topic. You will need to decide what your viewpoint on this topic is. In other words, do you agree, disagree, or perhaps think there are two sides to the question. What you think about the topic will be your thesis statement.
Tips for your essay plan and essay
For this planning assignment you will need to think about the topic. You will need to decide what your viewpoint on this topic is. In other words, do you agree, disagree, or perhaps think there are two sides to the question. What you think about the topic, will be your thesis statement.
Use the modules to become familiar with the topic, but avoid using them in the essay.
· Use 5 different sources.
· Avoid using web pages.
· Use academically credible sources.
· Try EBSCO host for journal articles.

Criticise the extent to which the discussion on practical implications of new accounting for leases presented by Churyk, Reinstein and Lander (2015) considers two fundamental characteristics of financial information stated in the AASB’s Framework for Preparation and Presentation of Financial Statements

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Criticise the extent to which the discussion on practical implications of new accounting for leases presented by Churyk, Reinstein and Lander (2015) considers two fundamental characteristics of financial information stated in the AASB’s Framework for Preparation and Presentation of Financial Statements.

Acct6007 Fa Theory & Practice_Assignment Brief Page 2 of 4

Essential sources of reference • Article by Churyk, Reinstein and Lander (2015)
This article can be found in the Torrens University library using the following citation:
Churyk N. T., Reinstein A. and Lander G. H. (2015), Leasing: reducing the game of hiding risk, Journal of Accounting and Organizational Change, Vol.11, No.2, pp.162-174 • The AASB’s Framework for Preparation and Presentation of Financial Statements (the Framework)
The Framework can be downloaded from the AASB’s website:
http://www.aasb.gov.au/admin/file/content105/c9/Framework_07-04_COMPjun14_0714.pdf • AASB 117 Leases and AASB 16 Leases
These accounting standards can be downloaded from AASB’s website:
http://www.aasb.gov.au/Pronouncements/Current-standards.aspx • Academic skills resources: Analysing the Brief, Essay Writing, and Critical Thinking
These resources can be downloaded from LASU – Learning and Academic Skills Unit on Blackboard following the link:
https://laureateau.blackboard.com/webapps/blackboard/content/listContent.jsp?course_id=_20163_1&co ntent_id=_2498849_1

Transformation From Data to Information to Knowledge to Wisdom (DIKW)

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NR-512 NURSING INFORMATICS

Readings are as follows:

McGonigle, D. & Mastrian, K. (2015). Nursing informatics and the foundation of knowledge (3rd ed.). Burlington, MA: Jones and Bartlett.

  • Chapter 6: Overview of Nursing Informatics

References

American Nurses Association. (2008). Nursing informatics: Scope and standards of practice. Silver Spring, MD: Nursebooks.org.

International Medical Informatics Association-Nursing Informatics Workgroup (IMIA-NI). (2009). Definition. Retrieved from http://imianews.wordpress.com/2009/08/24/imia-ni-definition-of-nursing-informatics-updated

Page or paragraph numbers must be included with quotes per APA. See APA re how to format references and in-text citations i.e. capitalization issues and use of the ampersand versus the word (“and”).

Including at least one in-text citation and matching reference.

Check for grammar and spellings

Discussion- Transformation From Data to Information to Knowledge to Wisdom (DIKW) in Practice (graded)

Describe a nursing-practice situation in which you experienced the transformations of DIKW.

The course outcomes guiding our discussion continue to be CO #1 & CO #2:

CO 1: Define key terms in informatics, healthcare informatics, and nursing informatics.

CO 2: Recognize the importance of synthesizing nursing science with computer, information, and cognitive sciences.

In this question you are asked to describe something:

  1. Firstyou will need to define/describe DIKW (be sure to write out the words for this acronym the first time you use it, don’t just write ‘DIKW’, you will loose points if you do not properly define the acronym!). Break the parts down and tell us what is meant by each item/part of this process and what this process is. This will be your first paragraph/first few sentences.
  2. Second, the body of your post is where you will tell us your story of when YOU EXPERIENCED this transformation. Don’t just tell us about the process of transformation only and in general/generic terms (yes, tell us about it in general and generic terms in section one above, but don’t stop there, that is not enough. Many people do not discuss their personal transformation and they loose application points). Tell us about your experience of the transformation and explain each step. What part of your story is the data? How was the data transformed or seen as information? When did it become knowledge, etc. Tie your transformations to the literature that you found about this process. Show us how your transformation really was DIKW by demonstrating connections to the literature (tie your story to how the literature defines and describes DIKW). This post should be pretty heavily cited.
  3. Third, summarize the key points of DIKW and what you found to be most important and what you learned.

Discrete Element analysis of fibre-reinforced sand

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Project title: Discrete Element analysis of fibre-reinforced sand

Synopsys:
Short discrete fibres are increasingly prevalent as classical tension resisting elements in geotechnical engineering practice, particularly for improving the mechanical behaviour of weak soils. The technique of soil reinforcement using randomly distributed fibres has been extensively studied in recent years. The fibre-reinforced soil behaves as a composite with a relatively coherent matrix. Fibre reinforcement leads to an increase in the soil strength by interlocking soil particles, improving strain resistance and by preventing from formation of continuous planes of weakness at failure. A body of experimental data exists on the shear strength of fibre-reinforced clay soils examining the stress-strain relationships under monotonic loading. Several investigations have also been targeted towards understanding the mechanical behaviour of fibre-reinforced clay soils using triaxial compression tests, unconfined compression strength tests, ring and direct shear tests and 1D-consolidation tests. A few studies have also been undertaken to evaluate cyclic loading scenarios. In this, a discrete element model will be developed using YADE (www.YADE-dem.org) platform (freeware DEM package) to model the effect of fibres to improve the shear behaviour of clay soils. Therefore, within this model, particle shape, compaction of particles, fibre chains will be modelled using YADE platform in a particulate media using small spheres. The results of the modelling will be validated against available experimental results. The verified model will suggest and estimate the shear strength of fibre-reinforced clay with different fibre contents.
the modelling has to be done using Yade platform which will be based upon python programming language.
Linux Os has been installed on my laptop and i need to use that for 3d postprocessing.
the coding i need are:
Sample preparation in yade by compaction and gravity descend
Modelling the cohesive forces between the molecules
Modelling the fibres
random distribution of fibres
Modelling the fibre reinforced clay for direct shear test

Applying P-O-L-C case study

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Assignment 3:  Applying the P-O-L-C (Week 8)

Purpose: 

The third assignment, a consultancy report, provides students with the ability to demonstrate that they have mastered the course content and can apply theories, concepts and ideas learned throughout the course to a situation that emulates a real world situation.  Students will read the case study that focuses on the four functions of management:  planning, organizing, leading and controlling (P-O-L-C) and respond to the required elements of the assignment.

Writing reports in business is commonplace so writing a consultancy report provides students the opportunity to demonstrate a skill that employers are looking for from an employee.

Outcome Met by Completing This Assignment:

  •          integrate management theories and principles into management practices
  •          employ effective planning processes to develop strategies, goals, and objectives in order to enhance performance and sustainability
  •          organize human, physical, and financial resources for the effective and efficient attainment of organizational goals
  •          demonstrate leadership skills by communicating a shared vision, motivating and empowering others, and creating a culture of ethical decision-making and innovation
  •          develop measures and assess outcomes against plans and standards to improve organizational effectiveness
  •          identify the essential characteristics of decision making and indicate the range and types of decisions a manager makes

Instructions:

You have been hired as a consultant to help Carl Thomas and his family to solve the problems with his business both day-to-day and over the long term (strategically).  You will create a consultancy report that covers the four functions of management.  In creating the consultancy report, you must also demonstrate how the four functions of management are interrelated showing how issues in one function impact other functions.

In speaking with Carl, John, and Joe, you already know the following about the business owners:

  1. failed to develop or share a mission statement;
  2. failed to determine the best way to organize resources, including personnel;
  3. underestimates the importance of recruitment, job design and descriptions, and training;
  4. assumed that motivation will occur naturally;
  5. fails to define standards and other measurable outcomes;
  6. ignored negative information;
  7. delayed actions to improve organizational outcomes.

Be succinct in your writing but persuasive so that the recommendations will have positive outcomes for the business.

Students are not using buzz-word and are not defining terms using a dictionary.  Students are expected to present the material in a professional manner describing and explaining to the owners.  As a consultant, you should be secure in your presentation to Carl, John, and Joe.  Avoid telling the owners that they should do this or must do that but write in an action-oriented manner.  Students are expected to make connections between the facts of the case study and concepts, theories, and ideas presented in the course material.

Step 1:  Review “How to Analyze a Case Study” under Week 3 Content.

Step 2:  Create a Word or Rich Text Format (RTF) document.  This consultancy plan should be presented in a professional manner using single space, double-spaced between paragraphs.  The final product will be between 5-7 pages in length excluding the title page, diagrams and reference page.

Step 3:  Title page with your name, the course name, the date, and the instructor’s name.

Step 4:  Since students are probably not familiar with writing a consultancy report, the following resources have been provided to assist in writing the report.

Outline for Consultancy Report

Step 5:  In writing a case study, the writing is in the third person.  What this means is that there are no words such as “I, me, my, we, or us” (first person writing), nor is there use of “you or your” (second person writing).  If uncertain how to write in the third person, view this link:  http://www.quickanddirtytips.com/education/grammar/first-second-and-third-person

Step 6:  In writing this assignment, students are expected to support the reasoning using in-text citations and a reference list.  If any material is used from a source, it must be cited and referenced.  A reference within a reference list cannot exist without an associated in-text citation and vice versa.  View the sample APA paper under Week 1 content.

Step 7:  In writing this assignment, students are expected to paraphrase and not use direct quotes.  Learn to paraphrase by reviewing this link:  https://writing.wisc.edu/Handbook/QPA_paraphrase2.html

Step 8:  In writing this assignment, students may use external resources but the majority of resources will come from the course readings with a wide array of readings used.  

Step 9:  Review the grading rubric for the assignment.

Step 10:  Read critically and analyze the case study provided under Week 5 content.   Notate the key points in the case study.

Step 11:  Create an executive summary.   Although a report must be complete when presenting to a client, the expectation is that there is an executive summary so that the client can read quickly the main features of the report.  The executive summary should be written in a way that makes the client want to read more so it must have enough information to see the potential behind the recommendations without having to read the entire report.

So you aren’t sure how to write the executive summary.  Check out this resource to help you write the summary:

How to Write an Executive Summary:  http://articles.bplans.com/writing-an-executive-summary/

Step 12:  Respond to the required elements of the assignment.  Be clear and concise in the writing and make sure the questions are comprehensively answered.

  • In creating the consultancy report, students will first assess the business and identify specific areas of strengths and weaknesses of the business as it relates to the components of the P-O-L-C. In completing this section, do not create a heading for each element of the P-O-L-C but write from the perspective of the consultant discussing the strengths and weaknesses of the business;
  • Select a management model (class hierarchy, democratic hierarchy, collaborative management or collective management) and explain why the selected model is most appropriate for Outdoor Adventure Paintball Park;
  • Develop roles and responsibility of the owners and employees (Be creative in completing this task);  Discuss why these positions are necessary to the business;
  • Discuss communication and the flow of decision making in relation to the management model;
  • Make specific recommendations for improving the management of Outdoor Adventure Paintball Park. Cover all aspects of the P-O-L-C.  This area of the paper specifically addresses the areas of strengths and weaknesses identified above and puts in place a plan for the short and long –term success of the business;
  • Create a balanced scorecard that will help Outdoor Adventure Paintball Park align its business activities to the vision and strategy of the organization, improves communication and monitors performance against goals;
  • Students are expected to show what they have learned in the course by applying theories and concepts. Be sure to support your reasoning.

Step 13:  Using the grading rubric as a comparison, read through the paper to ensure all required elements are presented.

Step 14: Proofread the paper for spelling and grammatical issues, and third person writing.

  • Use the spell and grammar check in Word as a first measure;
  • Have someone who has excellent English skills to proof the paper;
  • Consider submitting the paper to the Effective Writing Center (EWC).  The EWC will provide 4-6 areas that may need improvement. 

Step 15:  Submit the paper in the Assignment Folder.

Final Project case study – Applying the P-O-L-C

Carl Thomas worked for one of the big outdoor sporting goods stores for more than seven years.  Although he never completed his degree, Carl took some management courses at the local community college.  The knowledge he gained from his coursework along with his own tenacity enabled him to rise into entry-level management. Although Carl enjoyed his job, he couldn’t help wondering if there was more to life.  Carl always wanted to open his own business because he wanted to be his own boss and thought he might be able to earn a decent living.

Recently, retired from a career with the school system as a PE teacher and sports coach, Carl’s Uncle John was looking to fulfill his dream of having an outdoor adventure business.  He had inherited some property years back but had not done anything with the land to this point. When Uncle John learned that Carl was thinking along the same lines, he determined it was time to start a business.  The two decided to go into business together and brought in Carl’s younger brother, Joe, who was working part-time as an athletic trainer. The trio combined their savings and started hashing out a plan to use the five acres of land that Uncle John had inherited.

The concept was simple…to open a business where teenagers, young adults, and work teams from local businesses could enjoy hours of outdoor fun and entertainment.  There was limited sports and entertainment for the target audience so the family decided to open a themed outdoor paint ball park, which they called Outdoor Adventure Paintball Park.  Outdoor Adventure offers customers a choice of five battlefields, each offering a different level of play.

Each field provides a unique experience for hours of enjoyment.  There is the civil war field with a simulated headquarters and trenches; an old castle, which is made of multiple levels and a tower; the woods, which offers a true woodsy battle with placement of several man-made buildings for additional cover; the village, which is a large field with a wooded section running down one side, a two story building and bunkers in the middle, with a creek running down the other side; and the hill, which contains a wooded section and a number of bunkers on a steep incline. A small store is strategically placed in a location central to the fields to eliminate the need for guests to leave the playing area.

The costs to customers vary, with rental packages starting at $25 per person. Customers may also purchase a la carte based on their individual needs. Additionally, season passes are available for a cost of $150 and birthday party packages are available for $300.  The minimum age to participate in a paint ball event is 10 years.

In addition to the five battle fields, there are six air ball fields that are formatted for 3, 5 and 7-man tournament play.  Air ball fields offer a variety of layouts that are constantly changed to keep up with the latest craze in tournament play.  Many of the fields have dedicated fill stations to eliminate the need for players to leave the field to reload.

The facility also includes a shooting gallery designed to allow individuals to sharpen their shooting skills.  The gallery contains high velocity paint guns and a variety of still and moving targets.  Players may practice aiming, have shootouts or just blast away at targets for sheer enjoyment.

Carl manages the business and spends most of his time in his office with the door closed, Joe trains new employees and supervises paint ball events, and Uncle John has oversight of the shooting gallery. The business started with three employees but has grown quickly to a staff of 20.

The venture seemed like a good idea.  The family’s passion for sports and working with youth appeared to be paying off.  There are loyal repeat customers who purchase expensive equipment and supplies from Joe. These customers also enjoy attending extra training and information sessions. The tournaments have become popular and the local news has been covering the events.  Moreover, the business has a reputation for being a safe family friendly environment.

However, recently, Outdoor Adventure has been experiencing growing pains.  Scheduling is becoming more challenging as the activities on the field increase.  Staff is pulled from one area of the park to provide coverage in another.  Employees are starting to complain that they do not understand their job duties outside of the paint ball fields and feel they need additional training and procedures.  Additionally, a major event was missed due to double-booking.  A number of customers have expressed their displeasure with the service and, as a result, spending less time on the field.  Local businesses are not responding to special discounts for employee events.  There has been an increase in workplace mistakes but fortunately these have not resulted in serious accidents.  Customers and employees are starting to question the leadership and often ask, “How long can a business like this one last?” or “Who’s running the show?”

Carl has noticed a dip in sales and is now starting to feel they are losing control of the business.  While the two closest competitors are 30 – 45 miles away and do not offer nearly the same amenities, Carl understands that if they do not do something quickly, their customer base may decide travel to the competition.  Moreover, his passion for owning a sports-oriented business is waning.  He is concerned about the continued success of the business but the work no longer seems fun or interesting.

Uncle John, on the other hand, is not interested in discussing the books and does not see any need to worry.  He is not concerned about what he calls “a few random incidents” and sees the dip in sales as an indication that it would be a good idea to expand the offering.  In fact, he has been presented with the possibility of forming a paint ball competing team.  He feels this opportunity is too big to pass up and wants to convince the others that it’s a good time to pursue.

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