Trident ACC501 Module 1 SLP Latest 2019 JULY Question # 00603393 Course Code : ACC501 Subject: Business Due on: 07/31/2019 Posted On: 07/31/2019 12:17 PM Tutorials: 1 Rating: 4.9/5
ACC501 Accounting Fundamentals
Module 1 SLP
You are applying for a managerial position at
an innovative and rapidly growing company. This is a dynamic company that wants
an individual who adds value to the organization. Managers at this company wear
many hats, so the position requires managing products, people, and financial
aspects of running the company.
As part of the interview process, you are
required to make a presentation covering four different topics, one per module
for this course.
You choose the company and the new product
that you want to showcase in your presentation. It can be real or fictitious
(based on an industry). This is for background purposes only. The presentation
is to showcase your abilities and what you can contribute to the organization.
IBIS World (access on the Portal through the
Online Classroom & Library, Additional Library Resources
link) andBizStats have estimates of cost of goods
sold and some other categories of operating expenses. Information about
contribution margins is not available, but adding new products typically mean
incurring both fixed and variable costs. Consequently, cost of goods sold is a
reasonable estimate. Net operating income as a percentage of sales or some
variation thereof may also be relevant if the new product is expected to
contribute significantly to the bottom line. As a candidate for a position you
would not have internal information available, but being resourceful and being
a skilled researcher are desired traits for the position. IBIS World also has a
wealth of other market statistics that may be helpful. Use listed background
material and other resources as needed.
Required:
Include the following items in your
presentation.
- Present an idea for a new product.
- Describe the product.
- Show some cost estimates and pricing suggestion for this
product based on research. - What approach would you use to determine selling price (for
example cost plus or target costing)? It is important when choosing a
design. - Explain your rationale for the pricing approach.
- Show expectations of growth and potential profit.
SLP Assignment
Expectations
Submit a PowerPoint presentation or a Word
Document. A PowerPoint presentation should have no more than six slides and a
Word document cannot exceed two pages. Use words, tables, and graphs to make a
succinct presentation. Document all sources and provide links at the end. It is
acceptable to add another slide or page to list the sources.
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