Business Finance Homework Help

1-Omar Suhail,

Thank you for your contribution to the discussion post this week. With the renowned success Apple has achieved over the last few decades, I doubt you’ll have any problem satisfying the needs for your business plan. One additional thing Apple has always been known for, is its unique design process. From the implementation of an idea to the fruition of their labor, Apple’s processes, innovation strategies, and product development have always been something I’ve admired. In Ken Kocienda’s book Creative Selection, the former Apple principal engineer stated, “We wanted to make products that were useful and meaningful for people in their lives, so while people were hectic, bustling around with their everyday work, they wouldn’t have to spend their concentration trying to figure out how their device works.” Will you bring these same types of principles to the table when considering your busines plan for your new product or service? Will it adhere to their already established product development processes, or would it require something new? I look forward to reading more about your plan as the course progresses.

-Chadwick Hancock

Reference:

Kocienda, K. (2018). Creative selection: Inside Apple’s design process during the Golden Age of Steve Jobs (Vol. 1). Picador.

Word Count: 207

2- Tesla is a publicly traded company known for its unique superiority with technology of self-driving Tesla cars. It has been a stock that has raised in value over the last one year from around a low of $450 in the past year to over $1050 this week. Tesla has its vehicles which require little to no service, allowing the vehicle to spend more time on the road, using ecosystem technology to save economically and offers self-driving automobiles. It is now beginning to offer auto-steering in some of its models in addition to itself driving feature allowing drivers to be more relaxed and productive on the way to work (Value walk, 2020).

Tesla has been a pioneer of efficiency in the automobile industry with its fuel efficiency, self-driving features, self-parking, and independent nature of being a motor vehicle in comparison to other similarly priced vehicles. Its stock has soared and done extremely well increasing in just the last month over 32 percent and in the last five years increased by 2129% which has been an extraordinarily strong and remarkable performance. Investors find Tesla to be a strong company and solid investment as its overall performance, management, leadership is about innovation, advancing, technology, advancing past and adapting to change (Noor, Coman, Wiznizer, 2021).

Tesla offers many different models to make their vehicles affordable for more than just the upper class. It does a wonderful job offering services and products that include financial services, power battery services, solar panels, lifestyle products, and various product and service lines that diversify it as company and organization to meet the needs of a higher volume of consumers.

References

Elhennawy, N. (2019, Jun 28). Tesla says Shanghai car fire caused by failed battery module. AP Worldstream https://0634j86ta-mp01-y-https-www-proquest-com.pr…

Naor, M., Coman, A., & Wiznizer, A. (2021). Vertically Integrated Supply Chain of Batteries, Electric Vehicles, and Charging Infrastructure: A Review of Three Milestone Projects from Theory of Constraints Perspective. Sustainability, 13(7), 3632. http://0634j86ta.mp01.y.http.dx.doi.org.prx-keiser.lirn.net/10.3390/su13073632

ValueWalk. (2020). Phil’s Stock World: Tesla stock: Tesla vehicles dominate on Twitter. Newstex.

3-Organization To Study

The organization that I would like to study is Coca-Cola. The Coca-Cola beverage company is a multinational beverage company that has been in existence for over 100 years. I am interested in this particular company because it has been around for a long time and continues to be an industry leader throughout. The Coca-Cola Company is a household name in many states, and people like to be associated with known brands. I am also interested in this particular company because it has evolved over the last 132 years. The evolution is in terms of its leadership, product offerings, diversification, marketing, supply chain, and other aspects of the business. It takes a dedicated management team, good work ethic from employees, and solid strategies to keep a company relevant for over a decade.

Coca-Cola grew from humble origins to become one of the world’s leading beverage brands. Coca-Cola is currently a part of many income portfolios and makes massive amounts of revenue (Pendergrast & Crawford, 2020). To fight falling profits, the company has had to broaden its product offerings in current history. Despite evolving into a vast global industry with many products, Coca-Cola has never strayed from its classic and straightforward ideals (Pendergrast & Crawford, 2020). Despite its global reach, Coca-Cola realizes the importance of connecting with consumers and potential consumers more locally in the most relatable ways. Making personal connections and staying innovative while adhering to basic concepts and ethical standards are among the numerous things that have led to the company’s expansion over time.

There is so much to learn from this multinational company. The leadership skills and styles that have been utilized to propel the company. The company is also constantly innovating and introducing new products (Nsomba, 2021). I am interested in how the employees stay motivated to keep innovating and improving the current product offerings. Coca-cola also upholds most of the ethical standards and regulations in the industry; it takes a different kind of organizational culture and discipline to maintain ethical standards over a long period (Nsomba, 2021). Analyzing Coca-Cola will sure be eye-opening and insightful.

References

Nsomba, G. (2021). The Coca-Cola Company/Coca-Cola beverages Africa merger: Lessons for robust regional competition enforcement. The Antitrust Bulletin, 0003603X2110454. https://doi.org/10.1177/0003603×211045436

Pendergrast, M., & Crawford, R. (2020). Coke and the Coca-Cola Company. Decoding Coca-Cola, 11-32. https://doi.org/10.4324/9781351024020-1

4-I have picked a service-based organization with which I personally had the experience to work with.

It is a Virtual Assistant company. It is a remote helper company, where you can choose your own personal VA to look after your busy schedules.

The evolvement of this virtual assistant company came from Timothy (Tim) Ferriss’s book who associated with Virtual Assistant Company referencing virtual assistance. Expected to evaluate different outsourcers offering virtual assistance to experience and test the limitations of re-appropriating. He acquainted all the advantages with reevaluating your tasks in the book named The Four Hour Work Week” According to Tim, he was surrendering to the more you work, the better you are – a culture that is all-pervasive in the present obsessive worker world. Getting more cash doesn’t really mean you will do what you need throughout everyday life. Entrepreneurship is a dynamic, complex, and long process that involves undertaking a series of entrepreneurial activities to obtain external resources, exploit identified opportunities and then ultimately create a new venture. Ya-long, W., Long, D., Yao-kuang, L., & Xu-sheng, C. (2018).

An enormous piece of what you do can really be assigned (locally or across the globe) without the world reaching a conclusion. Indeed, the entire idea of a Virtual Assistant company rotates around having the option to deal with whatever can be rethought either to save your time or for more proficiency or to give you the benefit of pooled skill. Re-appropriating guarantees that you invest your valuable energy in the things that are truly significant. Currently, virtual reality technologies are of increased interest not only in the entertainment industry, but also in many other areas of society, such as, for example, industry, medicine, and education. Today, the world’s leading companies. Zhao, H., Qin, H. Z., & Ślusarczyk, B. (2019).

An inquiry being raised often is whether re-appropriating is about modest work. We would state ‘no’ to that. Indeed, cost exchange is the essential factor on which world business occurred (from the times of the flavor exchange) and still occurs across the globe however to have the option to support it, one (organizations, countries, urban areas) requirements to create what you would call as competitive edge in a worldwide.

Advantage at Virtual Assistant Company:

Ability to give adaptable work plans as per your need, Ability to be accessible during your business hours and outside it, Ability to give a pool of aptitude and information that you may not get with a solitary collaborator in your office or even by doing it without anyone’s help., Ability to chip away at a quicker expectation to absorb information as against a collaborator employed locally by the excellence of specific preparing and being presented to numerous work societies and customers.

Some disadvantages of this company

No having the alternative to be really present. Not having the choice to help without clear headings and rules from the client. The assistant while being set up to manage things autonomously will even now be conveyed rudderless if the client doesn’t contribute some quality energy sharing presumptions and rules for work at the start.

A Virtual Assistant company, Service is sold you can pick your own Virtual Assistant, who can manage basically any task, business or person, that needn’t bother with our real presence. If it might be done over the web, through email, fax, telephone, or visit, we can manage it.

References:

Ya-long, W., Long, D., Yao-kuang, L., & Xu-sheng, C. (2018). Is business planning useful for the new venture emergence?: Moderated by the innovativeness of products. Chinese Management Studies, 12(4), 847-870. http://0624joet9.mp02.y.http.dx.doi.org.prx-keiser.lirn.net/10.1108/CMS-10-2017-0315

Zhao, H., Qin, H. Z., & Ślusarczyk, B. (2019). Sustainability and Digitalization of Corporate Management Based on Augmented/Virtual Reality Tools Usage: China and Other World IT Companies’ Experience. Sustainability, 11(17), 4717. http://0624j8411.mp01.y.http.dx.doi.org.prx-keiser…