TERM 6 UNIT 8 DISCUSSIONS (3)

  

Term 6 Unit 8 Discussions (3)

* (CIS250 Advanced Excel)

Please read the following article: Kirchen, P. (2020). . On Balance, 16(5), 3234.

  1. Explain      what Power Query is in Excel?
  2. Provide      an example of how this could be used differently from what is described in      the article.

* (FIN201 Principles of Finance)

Discussion Question: Please consider all of the skills gained throughout the course and discuss two financial management concepts/skills that will serve you greatest in your chosen field.  Provide examples of how this will prove beneficial going forward for you in your career specialty. 

* (ENG130 Literature & Composition)

Take a few minutes to watch this video that highlights Angela Duckworth’s novel, GRIT, The Power of Passion and Perseverance.

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GRIT by Angela Duckworth | Animated CORE Message

Duration: 6:18
User: n/a – Added: 6/9/16

YouTube URL:

Initial Response:  How will your experiences in this course help you succeed in school, in life, and in your career, AND what is your plan to grow your GRIT? 

Response:  In one response, answer this question: what have you learned about your own GRIT by taking this course? What questions about the course do you have that your classmates or instructor might consider?

Stabilizing the Economy

  Monetary and fiscal policy play important roles in economic stimulation and or stabilization. In this regard: 

  • Start with a brief introduction that explains use of Government policy to control the economy.
  • When is it appropriate to use monetary and fiscal policy to stimulate or stabilize the economy? Look at both.
  • When is it inappropriate to use monetary and fiscal policy to stimulate or stabilize the economy? Look at both.
  • What specific fiscal policy tools would you use to stimulate aggregate demand and how?
  • What specific monetary policy tools would you use to stimulate aggregate demand and how?
  • What is your conclusion, should policymakers use the monetary and or fiscal policy, or a combination of both, to stimulate aggregate demand? Explain your reasoning.

Training manual Devan

training manual (2-3 pages) to ensure new hires have a solid understanding of income statements, balance sheets, and the elements that go into them.

Introduction

This portfolio work project will help you to not only better understand commonly used accounting tools, but it will also give you the opportunity to use your skills and experience by preparing training materials to train someone else.

Scenario

You work for an organization that is seeking growth and recently has hired new district managers to assist in this growth. In talking to other regional managers, you have heard that some district managers do not have a thorough understanding of commonly used accounting tools including an income statement and balance sheet. You have a new district manager hire, John, and see the need to do some training with him so he has a solid understanding of income statements, balance sheets, and the elements that go into them, including advertising costs, Web development costs, and store opening costs.In preparing to train your new hire, you have determined that the use of examples (a picture is worth a thousand words) can be a great approach to use. So you have decided to gather some examples from the companys summary of significant accounting policies from its latest financial statements.You may apply this scenario to either Option 1 or Option 2, described in Requirements below.

Your Role

You are a regional manager for Urban Outfitters or your selected organization and oversee a number of districts. You have recently brought a new district manager on board and want to ensure he has the knowledge and tools needed to effectively do his job.

Requirements

Option 1:

The organization you work for is Urban Outfitters. Use the website to find the Urban Outfitters 20162017 financial statements summary of significant accounting policies. Look at the data for 2015, 2016, and 2017 for the following examples of essential elements you need to cover with John and ensure his understanding.

  • Advertising. Examine the criteria used to expense and capitalize advertising costs and where these costs appear in the financial statement.
  • Store opening costs. Examine how store opening and organization costs were handled and where these costs appear in the financial statement.
  • Website development costs. Examine the approaches taken during the application and infrastructure development stage and the planning and operating stage.
Option 2:

Use a firm or scenario of your choosing.Before choosing a company, read the assessment thoroughly to ensure:

  • The company fits the assessment requirements.
  • You have access to the financial statements summary of significant accounting policies and the Note disclosures from which you are drawing your materials. Include this information in the appendix for reference.
  • You can distribute the data without disclosing confidential company information.
Training Materials

As you prepare your training materials for John, use the examples you collected from the companys Notes to financial documents to illustrate how you address the following items:

  • Explain how one or more of the following costs are captured: 
    • Advertising.
    • Store opening. If store opening costs were capitalized, over what time period would you amortize them? Explain why you selected this time period.
    • Website development.
  • Analyze the importance of Notes to financial statements in interpreting financial statements.
  • Explain how the accounting method the company uses affects the financial statements.
  • Explain how the financial statements would differ if another method were used to capture the costs.
  • If you have a preference for capitalizing or expensing these costs, explain why it is your preference.

Deliverable Format

Leadership has asked that you develop either a training deck or a training manual that you will use with John and that can be deployed with other new hires as well. Regardless of the format selected, the information should address the points identified above and with detailed explanations within the notes areas of slides or within the training manual text. It will also be helpful to include information in regard to why each item is important to the organization as well as the success of the new district manager.To use your time and Johns time wisely, be conscientious about providing thorough yet concise information. These materials are expected to be used by others for future training needs, so make sure they are well organized and clear.

Training materials requirements:
  • 2-3 pages for a training manual.
Related company standards for either format:
  • The training manual is a professional document and should therefore follow the corresponding MBA Academic and Professional Document Guidelines, including single-spaced paragraphs. 
    • To learn more about creating presentations, click “MBA Program Resources” and then “Presentation Skills.”
  • In addition to the training deck or manual materials, include: 
    • Title (slide or page).
    • References (slide or page).
    • Appendix with supporting materials. If you are using a firm or scenario of your choosing, ensure faculty has sufficient information to understand how you reached your recommendation.
  • At least two APA-formatted references.

Evaluation

By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies through corresponding scoring guide criteria:

  • Competency 1: Explain how accounting concepts and practices impact financial reporting. 
    • Explain how the accounting method the company used affects the financial statements.
    • Compare how two accounting methods differ in their effects on the financial statements.
  • Competency 4: Communicate financial information with multiple stakeholders. 
    • Communicate accounting information clearly.

Planning a Computer Purchase

Planning a Computer Purchase

For this assignment, you will research your computer needs and components for a computer system that meets those needs and complete a template to summarize your research. 

Perform a web search for articles that will help you choose the right computer based on how you plan to use the device. Review at least three different articles of your choice and identify the computer specifications. (You will list references for all three articles within your template using APA citations.)

Perform a web search for companies that offer customizable computer builds. Be sure to use keywords for your computer preference to help narrow down the search. For example, you may search for “build a custom laptop.” 

Choose a company to start your custom computer build.

Using the customizable option, play with the different options available per hardware piece and select the item that best suits your personal needs. Identify the price of the different hardware parts that are needed for your device. 

Hint: Consider how you plan to use the computer as you select the necessary options. If you are a gamer, what do you need to play your favorite game? If you create videos, what do you need to process high-quality videos? What speed is required to efficiently complete common tasks? Think about what you really need from your system.

Complete the table in the template, adding the choices you made, why you chose the items, and how much each item costs.

Be sure to cite each source you used in your research with a reference in APA format.

week 8 discuion 1

 

Watch Your Career Identity: Answering the Dreaded “Tell Me About Yourself” webinar recording from Career Services.

You can access the video through Hire DeVry 2.0. See the guide on how to access

After watching the video, answer the following questions:

  • Share 3 key takeaways from recording.
  • How does your project relate to your career identity?
  • How will you use the information in your future career development/job search?

Wk 5 – Apply: Signature Assignment: Contingency Plan and Executive Presentation

Air BnB

Project plans outline the intended course of events; however, things dont always happen as intended. Organizations need to consider risks and develop a contingency plan. This plan is typically presented to management.

Based on your prior research, determine potential risk factors for not meeting each of the project objectives.Develop a contingency plan for each of the potential risks. Add the potential risks and contingency plan to your Wk4 Apply: Project Plan assignment.

Create a 12- to 14-slide presentation with detailed speaker notes and visuals on every slide in which you:

  • Identify the organizations information presented in Wk1. What is Air BnB?
  • Synthesize the SWOT analysis and market trend research.
  • Explain how the project objectives will advance the organizational goals.
  • Assess how success will be measured.
  • Evaluate the value this project will bring to the organization.
  • Identify project metrics, timelines, and responsible parties.
  • Develop a contingency plan for each of the potential risk factors for not meeting each of the project objectives.