Question: Working in groups, you will be presented with a fictitious scenario below which require you to develop a mini financial proposal for business in any
Working in groups, you will be presented with a fictitious scenario below which require you to develop a mini financial proposal for business in any industry you choose. Imagine you are a consultant hired to advise the Board of Directors about an innovative development that can lead the company to either sell a new product or enter a new market for an existing product. Your task is to prepare a 20-minute pre-recorded oral presentation to present to the board. Your presentation should contain sufficient financial projections that are presented 1) graphically and 2) via statements a table or spreadsheet. These are presented in such a manner to convince the board on whether they should go forward with your proposal. The following details should be included in the presentation:
- Overview of new product idea or new market. There must be a rationale/justification for, the product/service/ new market, be clearly described and unique value proposition should also be included here.
- A 12 month sales forecast
- Calculate all expenses involved in the marketing, production and delivery of products to customers. Include a detailed breakdown of the expenses.
- Prepare the statement of cash flow, income statement and asset sheets for the first year of operation. In preparing the statements, the groups must identify all associated assumptions.
- Group Work Analysis: The final slide of the presentation should include a reflection on the teams process for getting the project done, what was done well and what could have been improved for future teamwork projects.
Upload your PowerPoint and link to the recording of the oral presentation via the drop boxes provided in the Learning Exchange. Please be guided by the rubric provided for this assessment.
Working in groups, you will be presented with a fictitious scenario below which require you to develop a mini financial proposal for business in any industry you choose. Imagine you are a consultant hired to advise the Board of Directors about an innovative development that can lead the company to either sell a new product or enter a new market for an existing product. Your task is to prepare a 20-minute pre-recorded oral presentation to present to the board. Your presentation should contain sufficient financial projections that are presented 1) graphically and 2) via statements a table or spreadsheet. These are presented in such a manner to convince the board on whether they should go forward with your proposal. The following details should be included in the presentation:
- Overview of new product idea or new market. There must be a rationale/justification for, the product/service/ new market, be clearly described and unique value proposition should also be included here.
- A 12 month sales forecast
- Calculate all expenses involved in the marketing, production and delivery of products to customers. Include a detailed breakdown of the expenses.
- Prepare the statement of cash flow, income statement and asset sheets for the first year of operation. In preparing the statements, the groups must identify all associated assumptions.
- Group Work Analysis: The final slide of the presentation should include a reflection on the teams process for getting the project done, what was done well and what could have been improved for future teamwork projects.
Upload your PowerPoint and link to the recording of the oral presentation via the drop boxes provided in the Learning Exchange. Please be guided by the rubric provided for this assessment.
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