Question: Hello Tutor how are you ? I hope doing great, I appreciate your help and effort on this I did ask my question twice but
Hello Tutor how are you ? I hope doing great, I appreciate your help and effort on this I did ask my question twice but the answers I got where so confusing I am working on this case study scenario the SCENARIO of the 3 questions below and the directions BELOW what I NEED for question 2 for each one that I have WRITTEN down I need a solution INFLATION = Solutiion Price = stock solution AND I also NEED
TWO Impacts, and TWO SOLUTIONS "NEW" Ones besides what I have written down not My answers if it makes sense to you tutor! I submitted this twice I never really got help they used the answers that I have
I hope that makes sense to you
I need 2 impacts and I need 2 solutions
and I need, from question 2 the answers I have written I need the solution to those like inflammation stock
thank u for the help
1. What is the scenario, problem, issue or concern?
* Significantly production decrease due to COVID related worker shortage.
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2. What could be the potential impacts from the Problem described in
section 1 ?
*overall profit decrease
stock prices
quality of product
inflation
Supply chain issues
profit & Loss = sell more for less,
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3. What could be the potential solutions to the identified impacts noted in section 2 ?
We will need to reduce the price to sell sell for a lower price to try to maximize increase price but might reduce our product.
* Automation ( We need to find a way to pay and maintain)
* Increase Health Standards
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1 - The Problem Statement: List the scenario that took place that is affecting your organization. Be as specific as possible. The more specific, the better you will be able to pinpoint consequences in Section 2. Although the scenario is provided to you, you will want to make it specific to your organization.
Section 2 - Areas of Impact: When coming up with possible consequences or ramifications of the scenario that took place, be sure to spend ample time thinking from behind the desk of the CFO. What is going to keep you up at night due to this scenario? How will this affect revenue, expenses or costs, employees, customers, shareholders, etc.? What do you need to be thinking about? Although there could be literally hundreds of concerns, please note that you are only to identify those you feel are of most critical nature. In other words, those that will most likely keep you up at night.
Section 3 - The Solutions: For each of the areas of impact identified, be sure and think through how each might be resolved. There may not be a one size fits all approach here, and each potential problem will more than likely need its own solution. You will also need to consider whether or not there is a priority to your list that needs to get completed first. Remember, your job is to critically think as if you were the CFO or maybe even consultants to the CFO. In other words, your job is to find what you think is the best solution
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