What are the 5 most useful takeaways you have learned in this course?

5 most useful takeaways for myself are:

Understanding Time Value of Money (TVM): Understanding the value of currency received now has more of impact than received later. This is especially important for a business and providing a timeline when the company can expect return goes a long way, especially for projects that will take time in research and production.

Supporting Finding Quantitatively & Qualitatively: Personally, I have always been a fan of utilizing qualitative data to support my position. Since starting of this degree, Ive begun utilizing both to back both data sets but with this course, Ive seen the combination of the two greatly complimenting one another.

Organic Growth v. Business Combinations: Understanding the terminology of what is considered organic v. business combination and definitions of what they mean.

Mergers/Acquisitions: Researching deeper into detail on mergers/acquisitions opened my eyes beyond a company taking over another and the perks that come along with it. Especially the fact that looking to getting into a market with an established industry quickly, a merger/acquisition is one of the best courses of action.

Foreign Currencies: Understanding the details behind a foreign currency when you have a company operating in a different country.

How will you apply what you have learned in this course to the Marketing and Strategy Business Plan that youve been developing throughout your MBA studies?

With regards to implementing what Ive learned from this course, I will be better to streamline my argument that Amica Life needs to act by marketing to the Millennial demographic. The life insurance industry, while it offers their services to Millennials, is not making them a market focus as the insurance companies would prefer to target Baby Boomers. As a result, market penetration with the Millennial demographic will be extremely hard if they do not act now. This course has given me the ability to build a financial model and present the explanation of the fizzle out effect of the Boomer population and presentation of TVM by acting on Millennials now.

How might you apply what you learned in this course to your future professional work?

With my current position, I was required to collect data and present to my CEO that our electronic life sales division was on track to meet and/or surpass our yearly goal. In addition, my CEO had the view that this would be an explosive year for electronic life, however, I had to explain to him and produce data reinforcing my argument that this year was a foundation year due to our programs evolution and new sales techniques being employed.

By taking prior data from years 2017, 2018, and combining it with current data, I was able to build a financial model that showed we were achieving the growth trend the company was seeking. The trend also indicated that services provided were evening out, as prior years shown volatility, where there would be great months followed by lame months. From learning in this class on utilizing financial data and research, I was able to build a satisfying explanation that the CEO found informational as to where our sales team stands financially.

Question for chegg: based on my post above, provide constructive critiques of my posting.