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Hi, I need help with essay on EMBA 555 FINAL EXAM WHITE PAPER *. Paper must be at least 3750 words. Please, no plagiarized work!Download file to see previous pages... It was determined that bankruptcy
Hi, I need help with essay on EMBA 555 FINAL EXAM WHITE PAPER *. Paper must be at least 3750 words. Please, no plagiarized work!
Download file to see previous pages...It was determined that bankruptcy proceedings will resolve the issue of guaranteed bonds although the firm may suffer losses if the assets of the failed joint venture shall be insufficient to pay off creditors. The RBOCs should not hold off the introduction of new product technology if other clientele will benefit from it, and markets should be explored in the emerging economies where Alpha presently operates. Finally, innovation is a vital long-term consideration which the firm could already take steps to develop in the coming years, but the change should be implemented strategically. The analysis was conducted by examining the company’s important functions, namely accounting, economics, finance, marketing and management of human resources. In light of the insights derived from each of these functions, an integrated action plan has been arrived at which embody the conclusions in favor of which the analysis had be resolved. Implementation of the action plan has implications on company strategy and operations from the short to the long term. It is expected that the directions specified by the action plan should enable the company to maintain its financially strong position while assuring it a more robust market participation. Table of Contents Abstract 2 Table of Contents 3 Introduction 4 Accounting 4 Economics 7 Finance 9 Marketing 10 Management 12 Conclusion 15 References 17 Introduction The task of managing a corporation is replete with complexities, and at times the problems involve conflicting considerations among the firm’s various functional units. This case study is no less complex although the facts have been simplified for a more integrated analysis. Important functional considerations include accounting, economics, finance, marketing, and human resources management. These considerations shall provide the focal points in the discussion of the firm which, for the purposes of the analysis, shall be called Alpha Company. Alpha Company is one of the most reputable microelectronics firms in the world. It has sizeable direct investments in five different countries where it also markets its products. It currently faces challenges such as exposure in a failed joint venture, the fact that it guaranteed a bond offering in the name of that failed venture, its slow sales to RBOCs which have once been sources of strong revenues for the company, and the fact that it lags behind its competitors in terms of innovation. These issues shall be discussed in this report and an action plan shall be recommended in the conclusion of the study. Accounting Accounting is ‘the art of recording, classifying, and summarizing in a significant manner and in terms of money, transactions and events which are, in part at least, of a financial character, and interpreting the results thereof.’ It is also defined as ‘the process of identifying, measuring, and communicating economic information to permit informed judgments and decisions by users of the information’ (Riahi-Belkaoui, 2004, p.38) The preparation of information that is useful for managerial accounting purposes is an important function of the accounting unit in an organization. From the accounting data that is available in the company demographics, it appears that the Alpha Company is doing very well financially, with $30 billion in revenue, therefore it is commanding a good share of the global electronics and telecommunications market.