Cango Recommendations

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    Cango

    CanGo’s Operations Assessment & Recommendation Final Report Top Notch Consulting, Inc. Revision 1.1 Date –10/21/2012 Team B Linda Beckwith, Cecil Greene, David Hines, Rebecca Rodriquez, Deborah Thompson DeVry University Business 460, Senior Project September 29, 2012 Contents Executive Summary 3 SWOT Analysis 4 Market Analysis 5 Competitive Analysis 6 Financial Analysis 7 Strategic Recommendations 10 Conclusion 11 References 12 -------------------------------------------------

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    Cango Financial Analysis Report

    Go to the CanGo intranet found in the Report Guide tab under Course Home Use the financial statements from the most recent year to fill in the table below. You may find some formulae calling for an average, e.g., average inventory, average receivables. Because we only have the Balance sheet for one year, you can only use the one year number not an average. Assume interest expense is $0.00 Be sure to cite your references Ratio Formula (express the ratio

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    Cango Marginal Analysis

    Marginal Analysis CanGo wants to branch out and focus sales on other products other than books. They are taking on a lot of financial responsibilities that may not be worthwhile for the company. CanGo wants to make the online gaming venture successful and wants to venture into different types of online sales. Recommendation: #1. CanGo is in need of a marginal analysis. A marginal analysis would include economic view of how the company would spend its dollar. The analysis would also be able to

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    Week 1 Cango Video Analysis

    survive in the market place and stay competitive. The mission statement of any establishment, defines the clear intension of a business in term of which road it will travel in the market place to stay competitive. In the week -1 introductory video, CanGo seems to be doing very well in the market place. This was evidence by the telephone call that was made to Liz by the President of the Hudson Valley business association. When Liz was inverted to speak at the Hudson Valley business meeting to share

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    Cango 2

    to grow to be a successful and viable company in the future, there are a number of things that they have to ensure are balanced and running properly. For CanGo they have the vision of where they want to be in the future and the start of a good internal structure to carry out those goals and vision. Where things seem to become off balanced for CanGo is in the areas of communication between departments, ensuring that full financial analysis have been completed before starting on a project, internal organization

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    Cango Senior Project

    course is a fictitious online gaming company called CanGo. It similarly wishes to maintain and improve its business successes. By bringing your knowledge and skills from your undergraduate studies, you will be examining this company throughout this course. You will see its Strengths and Weaknesses, its Opportunities and Threats (SWOT), allowing you each week to perform a SWOT Analysis. You will need to make a determination early on as to what guides CanGo? Is it just the founder and CEO, Elizabeth, the

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    Cango Financila Analysis

    weaknesses vs. CanGo. | Financial Analysis | | 20 | Analysis and recommendations of Can Go’s current financial state, the impact of your recommendations on the company’s finances, any necessary financial planning required. CanGo’s position vs. competition and industry average liquidity, debt, profitability and efficiency ratios – and what they all mean to the company. | Strategic Planning Recommendations | | 20 | Actionable market, competitive and financial guidance to the CanGo board supported

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    Cango Script

    strategies to achieve competitive advantage in the future and to help forecast the returns that may be made from future investments. * External Environment (Government, Politics, Taxes, etc.) CanGo must also analyze the governmental environment within the market place. This will allow require CanGo to have a plan to address unfair competition, restraint of trade, environmental, discrimination, online registration, privacy, product safety, labeling, intellectual property, warranties, deceptive

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    Recommendations

    Recommendations CLIENT * Encourage to have her proper hygiene. * Encourage to minimize negative mannerisms like offensive jokes and gestures. * Encourage to do recreational activities such as having regular exercise. * Encourage to write down her feelings just in case she has trouble in expressing it. * Instruct her to have enough rest and sleep. * Provide safe environment for client and others. FAMILY * Encourage the family to listen attentively and respectfully to

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    Cango

    relied on their debt, we were surprise to see a low debt to equity ratio of 7.57, thereby enabling CanGo to utilize more of their revenue for their future plans (Financial Dictionary, 2012). 3. Liquidity Ratio Our Review of CanGo’s Liquidity included the current ratio, the quick ratio and the operating cash flow ratio or Working Capital. a. Current Ratio reflected a 1, which is low if CanGo wishes to...

    Words: 315 - Pages: 2

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    Week 2 Cango Project

    CanGo is a fast growing Internet business that retails variety of products and services, ranging from books, music, and services. They are now in the process of implementing the online gaming systems to their company. When Liz, the CEO of the company, was invited to speak at the local Hudson Chamber of Commerce meeting to discuss her strategic management process that contributed to the success of CanGo, she realized that the strategic planning process of her company was haphazard and emergent. Its

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    Cango Video Analysis Week 1 & 2

    Team B Video Analysis Report of CanGo Innovative Financial Management & Consulting Services BUSN 460 Based on the first two week of observation, Innovative Financial Management & Consulting Services (IFM) has noted the following issues and our recommendation for your review. ISSUE #1: No Mission Statement or Company Vision RECOMMENDATION: It is the recommendation of IFM that a formal mission statement and company vision be defined. A mission statement defines

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    Cango Week 2 Analysis Report

    CanGo Week Two Analysis Report DeVry University Bus460 Senior Project Instructor David Mozinski Introduction The Grad Consultants have spent the last two weeks observing CanGo and their business practices to help them determine the weaknesses within their organization. We will use our knowledge and experience to provide suggestions for improvement that will have a positive impact not only on CanGo’s bottom line but also on the morale of all those

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    Recommendations

    NF&S CONSULTING PROJECTS, DELIVERED CanGo Customer Analysis Weeks 1 & 2 Issue 1: CanGo does not have a business plan CanGo has a winning business idea, but Elizabeth needed to take the next step-write a business plan. Elizabeth and the company should ask themselves, what do you want to go down in history for? Recommendation: A written business plan put into action Business plans are critical to the success of any new company. Business plans serve as a structure for a company and provide

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    Recommendation

    CONCLUSION AND RECOMMENDATION The beauty-care service industry is now booming. As a business, as well as an opportunity, this sector already started to contribute in the economic growth. Along with the increase of disposable income, the expenditure of the customers in this sector significantly increases. Today beauty care service is not just a luxury, it is a necessity. Along with this growing significance, the issues of service quality and customer satisfaction have also become burning questions

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    Recommendation

    Recommendation Negatives Not everyone in the 21st century thinks about the negative effects of having social networking accounts - but simple things like not setting your privacy settings properly or liking someone's photo can have bad results. Cyberbullying can be a problem as people can take advantage of the fact that there is no one who can effectively stop the bullying when it happens, due to everything being performed behind a screen. The only way for a bully to be stopped is if they are reported

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    Cango

    Cango Week 1 And 2 Video Analysis Report Week 1 & 2 Analysis Report “Poor strategic planning is worse than no strategic planning. It can be a big waste of time and money” (“Strategic Thinking”, 2011, p.1). Strategic planning plays a very crucial role in helping organizations achieve their goals. The strategic planning process requires both managers and their subordinates to work together as a team to design, plan and implement those goals. We have noticed that there have been some deficiencies

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    Cango Financial Analysis

    keeping the assets to the left side of the sheet and moving the Liabilities and Capital to the right. Implementing the above changes will make the company’s balanced sheet easier to read and analyze. With regards to the income statement, we recommend CanGo to make an additional line statement to reflect the total divisional revenues for the various departments and differentiate between the amounts of returns for each department. This will allow the company to analyze the departments better in terms

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    Cango

    Week’s Team Objectives (defined in previous week): | Our team is to analyze week 1 and 2 videos and find key issues that CanGo is facing. We have to find 6 issues and recommendations for the videos. So we assigned 3 issues to find to each member and the remaining members were to do the SWOT and conclusion. | Work for Week’s Team Objectives Accomplished (defined in previous week): Each member is to review the video and find key issues to be resolved. We have split the tasks fairly so each member

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    Cango

    Senior Project BUSN 460-Professor T. Wischer DeVry University November 21, 2013 6 Issues facing CanGo from week 3and week4 Maurine Edwards Market Research Flow Charts/Data Brent Tucker Leadership Financial Caromill Almanzar Website/User Friendly ASRS 3 Issues facing CanGo from week 3 Jack’s justification for the new system (ASRS) - Caromill Almanzar Jack feels that the company should go under a new system to increase efficiency for their warehouse and inventor. Liz is

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    Cango

    CanGo’s Week 2 Analysis As CanGo keeps growing as a leading business in the online entertainment industry, it requires some changes to face the challenges growing businesses have. Team A Consulting, one of the best consulting groups in the nation, will create a plan of action for CanGo to continue their success as an online internet entertainment business. During the last two weeks we have recognized the following challenges that CanGo faces in achieving their goals of being a dominant player in

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    Cango Consulting Project

    Markets b. Positioning c. Competitive Analysis d. Promotion Strategy 5. Inventory 9-10 6. Re-organizational Structure .10 7. Financial Analysis 11-12 8. Final Recommendation ...13 9. Bibliography Total Pages in Can Go Analysis and Recommendation .13 1. Executive Summary Can Go Inc. was founded by CEO Elizabeth (Liz) Bennet. Can Go began with an initial investment from Liz’s stock option and the help of Warren Fox

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    Cango

    CanGo Financial Income Statement Comparison of the years 2008 and 2009. In order to find out what division had the greater profits I choose to do a Comparison of CanGo Financial Statement from 2008 to 2009. In 2008 CanGo total revenue was $10,000,000, and increased to $50,000,000 in 2009. The 2008 Expenses which consisted of (CanGo’s On-line Gaming, AD & Sales, and other expenses) Total $9,600,000, which brought the overall all net before taxes to $400,000.00 but increased in 2009 to $8,440

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    Cango Communication Problems

    Amy Boyd Communication CanGo has started out this project with lack of organization and communication. To help solve their communication issues they need to have Employee engagement. Employee engagement remains a crucial concept for internal communication. Organizations now tend to agree that engaged employees – employees who are keen to “go the extra mile” – can have a very strong positive effect on the success of the business. CanGo needs its communication professionals to focus just as

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    Cango Senior Project

    Legacy Consultants Ian Byrne, Darcy Cafiero, Sierra Collins, Tim Downen, Alvis Ford BUS 460 Senior Project Professor Maureen Lockwood DeVry University October 20, 2011 Executive Summary A comprehensive look into CanGo has led to a number of conclusions and recommendations by Legacy Consultants. A SWOT analysis of the company shows that there are good opportunities for expansion into other markets and that the threats and weaknesses that exist can be overcome or managed by an already dedicated

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    Cango

    CanGo Business Analysis Team B DeVry University BUSN 460 Table of Contents Page EXECUTIVE SUMMARY............................................................................................................2 INTRODUCTION...........................................................................................................................5 SWOT ANALYSIS.........................................................................................................................6 FINANCIAL

    Words: 4842 - Pages: 20

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    Recommendation

    Recommendation Based on the foregoing findings of the study, the researchers came up with some recommendations which are as follows: 1. Suggestions for further research Other term? Other term? The researchers recommend that further studies be conducted with a different locale, population and methodology. For further studies, the researchers suggest to have a larger sample size (which is representative of the total population/ to generate higher outcomes of confidence level). Further

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    Cango Market Analysis

    Market Analysis Industry Description and Outlook CanGo is an Internet company that sells books and videos online and will soon offer online gaming services. The bookselling industry is rapidly changing as consumers shift from print to digital media and this means CanGo must also change their focus. The entire industry must change to meet consumer demands. Selling physical books depends on appealing to a large audience, but getting to a large audience depends on the timing of a books release,

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    Letter of Recommendation

    Letter of Recommendation for Child Adoption Graciela Thompson Institutional Affiliation Introduction In the United States, and many parts of the world child adoption is a legal act and an individual or a family will be granted this right by the child adoption agency if they prove that they will be fully responsible for the adopted child (Skidmore, Anderson & Eiswerth, 2011). Child adoption places a child with parents who

    Words: 1073 - Pages: 5

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    Week 2 Cango Analysis Report

    Analysis Report DeVry University Our DDM Consulting Firm has been hired to advise and help guide CanGo in the restructuring and planning their future endeavors. CanGo is a young fast growing company which is interested in expanding into the online gaming market. This analysis report is the first of a series of reports created by our company to examine CanGo’s current concerns and offer recommendations to fix these issues. At DDM Consulting we believe that success is a team sport and there is no I

    Words: 2352 - Pages: 10

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    Cango Week 3 Financial Analysis

    Information Assumptions Balance Sheet Income Statement Assumptions: At the beginning of 2009, CanGo purchased the online gaming company. This purchase was for cash, paid for through the proceeds of the IPO and results in goodwill. 90% of the online book sales comes from JIT, the other 10% through the inventory which CanGo possesses. 100% of the CD/DVD/MP3 come through CanGo inventory. The result is that 80% of ALL sales is JIT and 20% is inventory. There is one warehouse for

    Words: 674 - Pages: 3

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    Cango

    Competitive analysis CanGo is a company that operates in the Internet industry (E-tail) through three major segments: books (e-books), CDs, and videos. They are planning on diversifying themselves by adding a new segment to their company, the online gaming segment. Other companies already operate successfully within the Internet industry (e-tail) or in the book industry. Those companies are CanGo’s competitors. EBAY: eBay Inc. is an American Internet company that manages eBay.com, an online

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    Cango

    Overview of CanGo CanGo is an online gaming company. The company has some major strengths and weaknesses. Some major strengths being the popularity of the company's product, employees seem motivated, and the CEO of the company seems to be a very good leader, even receiving a reward for this. Some major weaknesses include: Not having a Mission/Vision Statement, No real Strategic Planning for the company, Organization skills are lacking, and goals are not prioritized. The CEO of the company realizes

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    Cango

    Ongoing Operations. There is a problem right now with ongoing operations and all these new ventures that Cango wants to take on. There has to be some kind of trade off with quality because at the moment Cango does not have enough staff to handle everything that they are putting on their plate. There is not enough capital to handle ongoing operations and develop all these new operations. Cango cannot lose focus of their ongoing operations and they cannot take people away from these operations to

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    Recommendation

    contents inside the refrigerator via camera without having to open the door thereby conserving energy. This formula of providing customers with what they need has worked in the past for Haier in Europe, Pakistan and Japan. Implementation of this recommendation would enable Haier to continue to cater to needs of individuals specifically without enforcing new features/ designs to the market as a whole. This would provide significant product differentiation to them thereby increasing brand awareness. Also

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    Cango Analysis

    1. Problem: Company appears to be disorganized when it comes to internal structure and processes. Recommendation: To improve their managerial structure, CanGo needs to allocate resources and manage dependencies. Companies will often sail through the senior team meetings without those in attendance knowing exactly what they’re signing up for, because senior executives already have an execution plan for what they want senior team members to accomplish. Liz and Warren need to make sure that

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    Strategy Recommendation

    Starbucks Corporation: A Strategy Recommendation Elizabeth Joyner Capella University I. Introduction and History of Starbucks It all began in 1971 in a small storefront in Seattle, Washington’s Pike Place Market. This was the site of the very first Starbucks store where unlike how the store is set up now it was merely a roaster and retailer of whole bean coffee and teas. Ten years later in 1982, Howard Schultz joins the company as the director of retail operations and

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    Cango Week 2 Analysis

    Cango Week 2 Analysis Can Go Analysis Report BUSN 460 week 2 Can Go is a company with great ideas and visions for their future. They have identified a trend in the gaming industry that is certain to bring them success; online gaming. While they have a general idea of how this will be done, it is mostly in the mind of the boss. Delegating the investigation of how to attain these goals to his subordinates proves challenging as there is a good amount of disorganization within the company. There

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    Cango Week 1 and 2 Analysis

    Based on the first two week of observation, Innovative Financial Management & Consulting Services (IFM) has noted the following issues and our recommendation for your review. ISSUE #1: No Mission Statement or Company Vision RECOMMENDATION: It is the recommendation of IFM that a formal mission statement and company vision be defined. A mission statement defines why the organization exists and what it does, and is also a way of ensuring that everyone in the organization is on the same page. A

    Words: 280 - Pages: 2

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    System Recommendation

    System Recommendation for UM&UC Executive Summary UM&UC is a firm that designs, builds, and sells precision measurement tools which are used in scientific, medical, and energy industries. The sales team has become extremely mobile and are facing challenges that impact the effectiveness of the team. UM&UC hired an independent consulting firm to analyze these challenges and make recommendations to improve the sales and sales support effectiveness. The findings of the consulting

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    Cango Notes

    Company Notes * Cangos an online entertainment Co. focused on selling music and books * Considering branching into online gaming and ebooks * Liz paasion is reading and musc * its operations to include CDs, DVDs, and audio and video tapes * Goal is set on the Internet entertainment market * CanGo IPO Raises $130 Million in IPO * CanGo is an online business that e-tails books, music, and movies (CEO) * CanGo purchased Webjouster, a company whose specialty is online

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    Research and Budjesting for Cango

    budgetary wellbeing. CanGo had a Stock Turnover Degree, for occurrence, is .28, while Amazon beginning now has a Stock Turnover Degree of .11. This shows CanGo deals with its stock well. A high degree, considering all things, shows a fit execution however a lower degree displays over-troubling. High degrees can correspondingly demonstrate lost courses of action or returns. CanGo's Dedication to Regard Degree, then, stays at .67 with Amazon recording a degree of .44. For this situation, CanGo is not performing

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    Recommendation

    expert, the knowledge and drive he posses now will only manifest. SSG posses the technical, tactical and mental fortitude not to achieve but to succeed in joining the rank as a outstanding Warrant Officer. 4. POC for this recommendation is the undersigned at

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    Cango Business Analysis

    CanGo Business Analysis Team D DeVry University BUSN 460 October 14, 2011 Table of Contents Page EXECUTIVE SUMMARY............................................................................................................4 INTRODUCTION...........................................................................................................................5 SWOT ANALYSIS..............................................................................................................

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    Product Recommendations

    Explain how email works in product recommendations. Product recommendation is something needed for an online business to use as one of the internet marketing campaigns. In fact, product recommendation is widely used by many of the people working in the internet and they would love to use this type of technique to increase the fame of the business and increase the chance to getting an order from the people who visit the website of your own. Actually, product recommendation is a technique of introducing

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    Cango Recommendations

    Recommendations For our recommendations we first and foremost wanted to start strictly within the company. Organization is one of the most important aspects of any business and will contribute to continual success. Our first recommendation Is to implementation if a mission statement. A mission statement is a shared vision of what your company is all about and is important not only to let your customers or potential customers know what you stand for, but also to keep the company on track so that

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    Cango

    school work, and gain more knowledge in literature. In Conclusion, this article points out the negative impact on children viewing violence on TV and also the amount of time that the children watch TV. Parents should be more inform about the recommendations of AAP about the selection and the usage of media for children. Parent serve as an important role model for their children, and must limit their time of viewing television no more than 1-2 hours a day, and also monitor the TV program that is being

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    Cango Financial Analysis

    Although CanGo is very successful in their market they have experienced some financial strains due to some of their financial decision making. In 2009 CanGo purchased an online gaming company paid partially with proceeds from IPO or initial public offering. The investment itself can be risky because at times it’s difficult to predict what the stock will do in its initial day of trading and in the near future, in addition most IPO’s are of companies going through a transitory growth period which

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    Cango

    CanGo needs to go beyond bench testing and go through the beta test phases Beta Stage 1- Private Contacts should be ready the first day the beta launches. The product you are asking people to test should be relevant to their interest or job. We recommend contacting people you knew who run web hosting companies or have servers that could actually directly benefit from the product. Beta Stage 2 – Private You now need to approach people who you don’t know. Run this for several weeks getting detailed

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    Cango Market Analysis

    and to understand its evolving opportunities and threats as they relate to the strengths and weaknesses of CanGo. CanGo is a business that has developed in the last few years. Currently CanGo is facing two major challenges: 1) Getting a stable online gaming system up and running as soon as possible 2) Preparing for an anticipated record holiday season. Strengths: The base of CanGo is the difference between being successful, or failing with the new on-line gaming; some of their strengths

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