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Scenario: You have graduated from your program at BVC and are working for an organization (come up with a fake name) in your field of

Scenario:

You have graduated from your program at BVC and are working for an organization (come up with a fake name) in your field of study. The person you report to (use your instructors name) has asked that you create formal business report based on the problem below (program specific). You will need to do some research to better describe what impact this problem is having and offer a recommendation(s) to fix the problem. You may need to develop the scenario and problem further in order to provide a robust recommendation.

Problem (program specific):

Business Administration - Supply Chain: Your computer system went down for a day, and when it came back up it resent a supply order again. You didn't realize this, and your company received a second shipment of supplies worth $50,000 and no room to store this extra supplies.

Instructions:

Complete the template as follows:

  • Make up a company name
  • Type in your role for your company (make up a role i.e. legal assistant, sales coordinator).
  1. Findings Research (see example below):
    • Questions (Objectives): Based on the program you are enrolled, use the scenario to develop questions around why this is problem and what would happen if this continues or happens again.
    • The scenarios provided are general and you have an opportunity to develop the scenario further (make something up) as it relates to the scenario.
    • Supporting Points: Using bullet points, try to think of a list of ideas (key words-not full sentences) that would be important to answer the questions you have come up with. Try to come up with this list first before looking on the Internet for ideas. In brackets beside each point, come up with information that substantiates these points. This can be "made up" information, just keep it realistic.
    • Research: Look for business articles and other sources that pertain to your objective and supporting points to help build credibility to the statements that you will write. List the article title, the sentence that you would like to use, the page/paragraph number, and the weblink to the source.

Findings Research Example

Question (Objective):

How has the increased competition affected your company?

Supporting Points:

  • Drop in sales each month ($25,000/month = $150,000 in 6 months)
  • Unable to pay monthly expenses (haven't paid the rent in 3 months and risk losing our location)
  • Food going bad/thrown out (produce not being used = $500/month in wasted food)
  • Less hours for part-time employees (from 20 hours to 10 hours = 2 employees quit)

Research:

Title:Good and Bad Effects of Competition for Large and Small Businesses

Sentence: "Business competition can drastically harm small businesses through various labor costs, production, and price factors."

Page or Paragraph: para. 1

Weblink:https://toughnickel.com/business/Business-Competition-The-Good-and-Bad-Effects-for-Businesses-Large-and-Small

4. Recommendation Research (see example below):

  • Questions (Objectives):Based on problem, come up with some questions on how you might resolve this.
  • Supporting Points:Using bullet points, try to think of a list of ideas (key words-not full sentences) that would be important to answer the question. Try to come up with this list first before looking on the Internet for ideas. In brackets beside each point, come up with information that substantiates these points. This can be "made up" information, just keep it realistic.
  • Research:Look for business articles and other sources that pertain to your objective and supporting points to help build credibility to the statements that you will write. List the article title, the sentence that you would like to use, the page/paragraph number, and the weblink to the source.

Recommendation Research Example:

Question:

What actions should the company take?

Supporting Points:

  • Come up with a new product line (different than competitors as our products are locally sourced)
  • Create a customer loyalty program (purchase 9 items= 1 free item)
  • Drop prices (current $10 to $8.99 to undercut the competition at $9.50)
  • Reduce hours of operation (close at 8:00 p.m. instead of 10:00 p.m.)
  • Look for cost efficiencies (lower priced items in packaging and negotiate with local producers)

Title:Why Competition Matters

Sentence:"Competition encourages firms to innovate and invest in new products and processes to gain a competitive edge on their rivals."

Page or Paragraph: para. 7

Link: https://www.competitionbureau.gc.ca/eic/site/cb-bc.nsf/eng/04568.html

5. Complete the Business Report Figure:

  • Create an effective visual that conveys information to the reader to help them better understand your findings or recommendations.Your figure will not be a direct copy from the Internet, but something you create that is related to your findings or recommendation.
  • Your data could include dates, numbers, locations, years, etc. Think creatively as you don't necessarily need numbers; you can use words to create a figure.
  • Choose the right visual to display the data. You will construct the visual (table, line chart, bar chart, pie chart, flowchart, infographic, or other SmartArt graphic) using Word, Excel, Canva or any other software.
  1. For help on what a good visual looks like in a report, check outhttps://venngage.com/blog/report-design/.
  2. For help using Excel to create visuals, refer to the following:https://support.microsoft.com/en-us/office/create-a-chart-from-start-to-finish-0baf399e-dd61-4e18-8a73-b3fd5d5680c2 orhttps://www.youtube.com/watch?v=Xg0Z5qPteGw.
  3. Article on the different charts available in Word: https://support.microsoft.com/en-us/office/add-a-chart-to-your-document-in-word-ff48e3eb-5e04-4368-a39e-20df7c798932
  • Design, colour palettes, font, layouts, and other choices, should complement the report design.
  • Write effective titles, captions, and legends. A title provides a short description that identifies the content and purpose of the visual. A legend helps readers "decode" the visual by explaining what various colours, symbols, or other design choices mean.

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