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Final Written Presentation

Final Written Presentation

Q Final Presentation _______________________ The final presentation is an opportunity for you to reflect on the BizCafe experience and compare your decisions and outcomes with others in the class. The Written Assignment The report should be typed and be well organized. Make sure you turn in any additional analyses you performed in order to make better decisions, including charts, graphs, etc., for which you have not received credit. Investigate the performance of the firm as though you were a management consultant brought in by a possible buyer to determine what kind of job the firm's owner has done. Your instructor has been following all the teams closely via administrator reports furnished by the simulation, and any attempt to "whitewash" or omit critical points will be dealt with unkindly. Listed below are some key questions to help you get your thinking caps on. However, your report may follow any creative format you wish; just try to address in some way or other most of the points covered below. 1. Refer to the original goals and objectives. Did the strategies work as planned? What strategies, goals, objectives, policies, etc., were changed? Why? How closely did the firm end up doing what it said it was going to do? (You will not be penalized if your goals did change substantially.) 2. The functions of the manager are planning, organizing, directing work, and controlling. a. To what extent and how were these functions handled? b. Comment particularly on the controls that you may or may not have used. Were they effective? c. Did you have enough records, controls, and worksheets to manage effectively? 3. If this firm were to begin again, what should it do differently? 4. If the management team were going to be transferred, what advice should it give to the new team coming in to manage this company? 5. Did the team make decisions on a rational basis or did it often "stab in the dark"? 6. What are the firm's strengths and weaknesses? What are the threats and opportunities facing the firm at this time? 7. At this point, is the firm a healthy, going concern? Also make sure you include this additional information: 1) Highlights of your plan including your objectives and how you chose to achieve those objectives. 2) Your café logo and advertisement / storefront (if applicable) 3) Number of servers employed and wages 4) Your financial performance including a discussion of important items on your income statement and balance sheet 5) Key success factors in BizCafe 6) Important “take-aways” from the simulation experience

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In the BizCafe Simulation exercise over the past weeks, there had been new insights obtained by me about the best ways to manage a café business. The strategies definitely worked for my company because of the ways in which I could understand the raw materials being wasted. For example, there had been cups which had got wasted in some of the previous weeks of business. Therefore, there had to be adjustments made to the number of cups to be bought for every week. The prices of the cups had also got deteriorated for which there had to be changes made to the types and sizes of cups to be bought for every week. There had been several weeks in which some servers had left the job in my company. The reasons for leaving my company could have been the amount of salary paid by my company to the servers.