Report Plan Essay Example | Topics and Well Written Essays - 750 words - 1

Report Plan - Essay Example 1). The software enables events organizers to plan, design, manage, and communicate crucial facets and components of the events with minimum costs and with greater efficiency. 3. Identify the purpose of the report. (What need or problem will the product, service, or program resolve?) The purpose of the report is to persuade decision-makers to purchase the exhibition management software and enable their organization to generate greater profits through cost minimization and through optimization of resources. 4. Identify potential resources that will be needed for support. The potential resources that will be needed to support one’s report and persuade decision-makers to select the most effective course of action are as follows: (1) identification of specific advantages or benefits of using the software; (2) be able to present a cost-benefit analysis which would itemize the net gain, in the long run, for purchase and installation of the software program; (3) to provide costs of p urchase, installation; as well as maintenance and support of the exhibition management software from Ungerboeck and be able to compare it with other providers, which could be viewed from the Association Forum Buyer’s Guide (Webvent, Inc., 2013). 5. Identify methods to be used to gather information. To gather all relevant information, the following methods are proposed to be used: (1) research online for costs, features of the software being offered, benefits, added support systems, and other crucial details; (2) research for organizations who have opted to purchase exhibition management software and collect feedback; (3) gather information from the organization in terms of current costs being incurred while planning for traditional events and compare the efforts and costs with the planned benefits and costs if the exhibition management software would be purchased and installed; (4) solicit information from customers and other stakeholders regarding the advantages and disadvan tages of having the system installed; and (5) use secondary sources of information to determine feedback, as well as informative details which would assist decision makers in the selecting the most effective course of action. Thus, both primary and secondary research methods could be undertaken to gather crucial information and be presented in the report. When time, resources, and funds would allow, primary methods of research through questionnaire, survey and interviews could be undertaken to determine the credibility and reliability of information gathered from secondary sources of information. The list of customers of each providers could be very good sources of information to determine the efficiency of the current exhibition management software that they availed. They would also be the most credible and reliable source to determine any problems that ensued with the software and also with the provider, if any. 6. Identify criteria to be used to evaluate the information collected . (What factors will you consider to make your recommendation?) The criteria to be used to evaluate the information collected would be as follows: Cost: how much would the exhibition management software cost, including maintenance and annual fees, if any. These should be made available, not only

Victoria Chemicals Case Study Example | Topics and Well Written Essays - 1250 words

Victoria Chemicals - Case Study Example Earnings per Share are a portion of profit for the company which is allocated to each outstanding share of common stock. The company had been under pressure from its investors for it to improve its financial performance because of the accumulation of the firm’s common shares by a well known corporate raider. The Earnings per Share had fallen from 180 pence per share by the end of 2007 from 250 pence per share by the end of 2006. To increase its earnings per share, the company required to modernize the Merseyside production process which was old. Lucy Morris, the plant manager at Liverpool believes that the funds for the modernization of the Merseyside Works project could be obtained from the corporate headquarters until several questions were raised. It is therefore quite important for the plant manager and Frank Greystock the controller to address and analyze each question keenly. Based on these issues, Morris will determine the way forward towards modernizing the Merseyside Works project. This way forward includes the analysis of the project in different aspects to determine whether its implementation will be for the good of the overall company. The plant manager will have to choose which category the product lies on based on whether it is a new product or market, market or product extension, engineering efficiency and safety or the environment. The Merseyside Works project is on the engineering efficiency category and will analyzed based on the concerns below. 1. Transport division concerns Victoria Chemicals produces its polypropylene at the Merseyside and Rotterdam works. The Transport Division in the company oversees the transport of all raw, intermediate and finished materials throughout the company. The Merseyside modernization capital project is part and parcel of Victoria Chemicals, and this means that all transport needs should be addressed by the company’s Transport Division. Just as Greystock said, funding from the corporate headquart ers in regard to transport is baseless as the project should make use of the company’s excess capacity. All allocations done on the company, and its subsidiaries go to the Transport Division and hence the division should carry the allocation of the rolling stock required for the project. Transport issues will be dealt by the Transport Division of the company hence no need for funding on this sector. 2. ICG Sales and marketing department concerns Modernizing the Merseyside means improved productivity and increased outputs and with lower costs which enable the company to take business from competitors due to the low prices of polypropylene. The added output will help the company in obtaining full efficiencies. Modernization of the Merseyside plant will help Victoria Chemicals in maintaining its cost competitiveness, and this means that the capital project is a worthy course for the sales and marketing department since it would not lead to cannibalization of the other plants. Be low is the analysis provided by Greystock on the financial performance of Merseyside works 2008 2009 2010 2011 2012 Output 267,500 267,500 267,500 267,500 267,500 New Gross Profit 21.72 24.83 24.83 24.83 24.93 Old output 250,000 250,000 250,000 250,000 250,000 Free cash flow 1.27 3.92 3.86 3.77 3.08 Incremental gross profit 2.32 5.42 5.42 5.42 5.42 The above table clearly shows how the project will perform. Based on the table above, it is evident that the project at Merseyside works will be of great help to Victoria Chemicals plc. Though it may have its share of disadvantages, the advantages of the project under this concern outweigh the negative ones. 3. Concerns of the assistant plant manager Before proceeding with the capital projec