Tag: Piper J

Madeline Bartholomew, Hanna Mack, Joseph Piper

Team Chester Capstone Presentation

Chester’s Mission Statement

“Premium products for mainstream customers. Our brands withstand the test of time. Our stakeholders are customers, stockholders, management and employees.”

Company Strategy

We will be approaching the simulation using the “Differentiator with Product Lifecycle Focus” company strategy. Entering the market with all competitors including ourselves starting fresh we hope to gain an early advantage through high sales from a high tech product. With the introduction of our first high tech product, essentially no time has surpassed allowing for that product to become “old.” This planned successful first quarter will determine our continuing approach. By introducing new products and lowering the manufacturing quantity and price of previous products we plan to capture both the new market, as well as, be a cost leader in the old market. Ultimately, we hope to stop production of old products and sell off our inventory. By keeping a low inventory of old product we minimize the risk of having large inventories that do not sell or sell for the cost of production.

Research & Development: We will have multiple product lines in both segments. Our goal is to offer customers products that match their ideal criteria for positioning, age, and reliability.

Marketing: We will spend aggressively in promotion and sales. We want every customer to know about us, and we want to make our products easy for customers to find. We will price at a premium.

Production: We will grow capacity to meet the demand that we generate. After our products are well positioned, we will investigate modest increases in automation levels to improve margins.

Finance: We will finance our investments primarily through stock issues and cash from operations, supplementing with bond offerings on an as needed basis. When our cash position allows, we will establish a dividend policy and begin to retire stock. We are somewhat adverse to debt, and prefer to avoid interest payments. We expect to keep assets/equity (leverage) between 1.5 and 2.0.

BUS 499, Business Strategy and Policy

Dave Quirk

P103

1 – 3 PM

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Ian Hawksford, Colin McManamon & Joseph Piper

Telecommunications in Global Business

Telecommunication is essential to success within global organizations. The ability to communicate across the world instantly is a major factor to success. Sharing data between different departments of an organization aids in making managerial decisions. “Telecommunications and network technologies are revolutionizing business and society. Business have become networked enterprises. The Internet, the Web, and intranets and extranets are networking business processes and employees together and connecting them to their customers, suppliers, and other business stakeholders.” (Marakas & O’Brien, 2012, p. 231).

Telecommunication is not limited to the internet but can involve intranets for organizations that need to keep their data secure. Governments and private research facilities stress the need for privacy and security. There is a clear advantage in the use of telecommunication. Organizations that neglect to invest in the advances in telecommunication fall behind swiftly. As we research the different avenues of telecommunication and the organizations that use them, we expect to discover a clear difference in the sheer size and profitability or success of these organizations.

Marakas, G. M., & O’Brien, J. A. (2012). Introduction to Information Systems (16th ed.). New York: McGraw-Hill/Irwin.

BUS 360 Management of Information Systems

Steven Schmidt

Banquet Room

10 AM – noon

Joseph Piper

Analyzing The Salvation Army’s Form 990

The Salvation Army is the second largest charity in the U.S. by means of private support. With such a large amount of funding, it is pivotal the organization manages their money in accordance with the law, and their nonprofit visions. Their mission statement is as follows, “The Salvation Army, an international movement, is an evangelical part of the universal Christian Church. Its message is based on the Bible. Its ministry is motivated by the love of God. Its mission is to preach the gospel of Jesus Christ and to meet human needs in His name without discrimination.” By analyzing the organizations IRS form 990, details of the organizations activities are disclosed specifically the revenues, expenses, assets, and liabilities. 

ACTG 470 Accounting for Non-Profit Organizations

Stacey Lewis

P103

1 – 3 PM

Candis Hatfield & Joseph Piper

How Performance Affects Different Clubs’ Fan Attendance in the English Premier League

Using attendance and performance data from multiple years regarding numerous clubs in the English Premier League, we will analyze the data in an attempt to support our hypothesis. A lower attendance is expected from a team that is performing poorly, while a higher attendance is expected from teams on top of the table.

MATH 430

Tim Bergquist

Banquet Room

1 – 3 PM