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University of North Texas Haniff Machining Case Study Analysis Paper
case study about haniff machining, I want you to follow the steps.
Identification of symptoms : Identifies symptoms clearly, with no confusion between symptoms and problems (5 or more). There is no confusion between symptoms and problems. Symptoms are clustered, with each group of symptoms pointing toward an underlying problem.
Problem statement:Problems should be stated in terms that are actionable by the decision-maker for the analysis.
A good problem definition keeps the case analysis tightly structured because everything discussed after this point must be related to the problem(s) stated in this section.
Each problem is stated in one sentence and is not given in the form of a question. There should be no more than 3 problems,2-3 substantial problems faced by the company’s decision-makers are identified and stated in terms that are actionable by the company’s leadership.
Problem analysis: Analysis includes all of the following: * 2-3 stated problems are analyzed thoughtfully * At least 1 strategic analysis tool applied * Relevant financial analysis is applied (Financial ratios or other financial analysis approach)
Identification of alternatives: Identifies a comprehensive set of thoughtful alternatives, excluding “Do Nothing” alternatives (6 alternatives). There is a set of alternatives for each problem.
Evaluation of alternatives: Pros and cons for alternatives are provided. Arguments are convincing, supported & comprehensive.
Recommended course of action: Develop the most effective, efficient, and feasible combination of alternatives to solve the problems within boundaries of the firm’s objectives. Do NOT recommend doing research, hiring a consultant, or setting up a team or task force to study the situation. You are the consultants. Student demonstrates the ability to articulate and defend their analysis and recommendations. Student provides a comprehensive course of action, with substantiated feasibility that is likely to solve all of the priority problems and lead to above average returns in this industry with intensifying competition. Student demonstrates ability to integrate concepts and functional tools from three or more business disciplines to solve complex business problems.
Implementation plan: Who is to do what. Individuals/depts. are named. Individuals/departments are named along with a timeframe. Timeline and those responsible are identified and detailed.