BUS 687 Journal wk2 & 3
Journal - 'Dear Diary'. The journal is your opportunity to explore your journey through the week. What did you learn, what did you like, what didn't you like, and how did it make you feel? How does what we're doing relate to your past, present, or future career? Use examples to illustrate the linkage between the concepts we're learning and how they work in the real world. Use the right side of your brain here. *Please read the journal prompt thoroughly and address all the questions for maximum credit.*
Week 2 Journal Readings
Include a cover page and 1-2 pages of reflection regarding what new learnings you've taken away from the week's activities, readings, videos, and other information you found noteworthy. For your Week 2 Journal consider the importance of having quality information to make decisions associated with creating and implementing strategies in your current place of employment.
Article Readings:
Biery, M. E. (2013, December 22). What are your financial statements telling you? (Links to an external site.) Forbes. Retrieved from https://www.forbes.com/sites/sageworks/2013/12/22/understanding-financial-statements/#72daac5822b0
· The full-length version of this article is available through the Forbes.com website. This article provides information about analyzing trends associated with data used in financial analysis and will assist you in writing your Decision for Quarter One and also writing your First Quarter Quarterly Business Review this week. How you think about the data and then develop decisions based upon your analysis drives overall performance. Accessibility Statement does not exist. Privacy Policy (Links to an external site.)
Pal, N. (2015, April 9). Why financial dashboards matter, and five pointers to get you started (Links to an external site.) . Forbes. Retrieved from https://www.forbes.com/sites/skollworldforum/2015/04/09/why-financial-dashboards-matter-and-five-pointers-to-get-you-started/#4f6e2f5f2520
· The full-length version of this article is available through the Forbes.com website. This article provides information about using financial dashboards used in graphical analysis of company financial data and will assist you in becoming familiar with tools used that help with analyzing information for your Decision for Quarter One and also writing your First Quarter Quarterly Business Review this week. Accessibility Statement does not exist. Privacy Policy (Links to an external site.)
Sampson, L. (2015, March 13). Turning bean counters into difference makers: How corporate finance is changing with the times (Links to an external site.) . Forbes. Retrieved from https://www.forbes.com/sites/oracle/2015/03/13/how-corporate-finance-is-changing-with-the-times/#1aaa9ab639d1
· The full-length version of this article is available through the Forbes.com website. This article provides information about using a wide variety of skills along with financial analysis that would be useful in digging deeper into the data generated by operations and will assist you in considering your Decision for Quarter One and also writing your First Quarter Quarterly Business Review this week. Accessibility Statement does not exist. Privacy Policy
Week 3 Journal
Include a cover page and 1-2 pages of reflection regarding what new learnings you've taken away from the week's activities, readings, videos, and other information you found noteworthy. In particular, give consideration to making adjustments to implemented strategies from a previous quarter of operations. Your journal should reflect the importance of being able to effectively analyze outcomes of previous business quarters and making adjustments.
Article Readings
Articles
Aileron. (2011, October 25). Five steps to a strategic plan (Links to an external site.) . Forbes. Retrieved from https://www.forbes.com/sites/aileron/2011/10/25/five-steps-to-a-strategic-plan/#3199e5254645
· The full-length version of this article is available through the www.forbes.com database. This article provides information about steps that can be taken that develop strategic thinking and strategic planning and will assist you in your What makes a good business strategy? discussion this week. Accessibility Statement does not exist. Privacy Policy (Links to an external site.)
Paunovic, G. (2017, December 6). The single strategy you need to fuel business growth right now (Links to an external site.) . Forbes. https://www.forbes.com/sites/forbesagencycouncil/2017/12/06/the-single-strategy-you-need-to-fuel-business-growth-right-now/#35b9fdd42c59
· The full-length version of this article is available through the www.forbes.com database. This article provides information about driving the growth of your business by developing strategies that enhance customer experiences and will assist you in your What makes a good business strategy? discussion this week. Accessibility Statement does not exist. Privacy Policy (Links to an external site.)
Uggla, H. (2015). Aligning brand portfolio strategy with business strategy (Links to an external site.) . IUP Journal of Brand Management, 12(3), 7-17. Retrieved from http://www.iupindia.in/Brand_Management.asp
· The full-length version of this article is available through the Ebscohost database in the University of Arizona Global Campus Library. This article provides information about developing four approaches that help to align a company’s brand portfolio strategies with its business strategy in order to create market opportunities and will assist you in your What makes a good business strategy? discussion this week.
Supplemental Materials
Cadrain, S. (2020). Pre-tax net income chart explanation Download Pre-tax net income chart explanation[Presentation slides]. Canvas@UAGC. https://login.uagc.edu
· This PowerPoint presentation covers information about how to analyze HISCO’s financial metrics specifically pre-tax and after-tax income. The presentation can be used as a tool to better understand the “Pre-Tax Income: Year Plan vs. Actual” graph located in the Grow Your Business” (GYB) simulation.