SlideShare a Scribd company logo
1 of 9
IP 1....4-6 PAGES BUT 4 IS ENOUGH
In 1999, a Seattle man took a popular soft-drink company
seriously when one of its commercials made an offer of a
Harrier jet, the famous high-tech jump jet used by the U.S.
Marines. In a television commercial that aired in 1995, the
company jokingly included the Harrier as one of the prizes that
could be received with a mere 7 million company points.
Although that sounds like a lot of points to get from drinking
the soft drink company's products (roughly 190 drinks a day for
100 years), the company also allowed customers to purchase
points for 10 cents each.
The man did the math and discovered that the cost of the 7
million points needed for the jet was $700,000. He then put
together a business plan, raised the $700,000 from friends and
family, and submitted 15 points, the check, and an official order
form with a demand for the Harrier jet.
The company wrote back, stating that the Harrier jet in the
commercial was simply used to create a humorous and
entertaining advertisement. They apologized for any
misunderstanding or confusion people may have experienced
and enclosed some free product coupons.
The free coupons did not satisfy the man, who then took the soft
drink company to court. Finally, a federal judge for the
Southern District of New York held that the company was only
joking when it implied in its ad that it was giving away fighter
jets. The judge noted that because the jets sell for
approximately $23 million, no one could have concluded that
the commercial actually offered consumers a Harrier jet.
Instead, this was a classic example of a deal that was too good
to be true.
Write a paper of 4–6 body pages that answers the following
questions, including an in-depth explanation of the supporting
rationale:
What are the key legal factors present in the scenario?
What are the 4 elements of a valid contract? How do they relate
to the scenario in question?
What is the objective theory of contracts?
How does the objective theory of contracts apply to this case?
In your own words but based on research and analysis of
relevant legal concepts and cases, why do you think the court
held that there was not a valid agreement in this scenario?
Provide support for your position.
Are advertisements generally considered offers? Explain.
How does this case differ from a reward situation in which a
unilateral contract is formed upon completion of the requested
act?
What recommendations (at least 2) would you make for a
company considering an aggressive marketing campaign w ith
giveaways of high value items? Explain the rationale behind
each recommendation.
Your submitted assignment (200 points) must include a Word
document of 4–6 body pages that contains your answers to the
questions listed and a reference list of any sources that you used
within your paper (cited properly in APA format).
DISCUSSION 1
Assignment Details
This DB has two parts.
What process should managers use to determine who the
stakeholders are in a project?
An important aspect of planning a project is to identify the risks
that could be involved if the project is undertaken. Discuss the
process that should be taken in the project risk management
phase. How can this process identify potential ethical and legal
issues that are uncovered?
READ AND REPLY TOO EACH DISCUSSION BY AGREEING
OR DISAGREEING WITH THE POST AND WHY?
REPLY 1
This DB has two parts.
What process should managers use to determine who the
stakeholders are in a project? Before choosing a process of
identifying stakeholders one must first understand that
stakeholders are the individuals, groups, corporations, or
communities that are affected by the project. From there
managers can brainstorm with the project team or by them
selves to identify and analyze who the stakeholders are, rank the
stakeholders by importance to the project, and identify which
stakeholders have the most influence over the project. This
information is used to create a stakeholder registry and a
stakeholder management plan.
An important aspect of planning a project is to identify the risks
that could be involved if the project is undertaken.
Discuss the process that should be taken in the project risk
management phase.
The process to identify, evaluate and prepare for risks during
the risk management phase is usually recognized as a five step
process. The five steps are; identifying the risks, analyzing the
risks, ranking the risks, planning responses to risks, and
monitoring the risks. (Kloosterman, n.d.) This allows for
adequate planning for events that may potentially take place so
that they can be mitigated, avoided, or faced head on if need be.
How can this process identify potential ethical and legal issues
that are uncovered?
When trying to identify risks to any project it is a good idea to
research the legal and ethical issues involved with the project as
to ensure that the stakeholders, team, or project manager is held
legally responsible for actions that are taken during a project.
If any areas that put any stakeholders at risk for legal or ethical
violations are discovered, the project can be altered to ensure
that there are no violations caused by the project.
References
Kloosterman, V. (n.d.).
Risk Management Steps
. Retrieved from Continuing Professional Development
Organization:
https://continuingprofessionaldevelopment.org/risk-
management-steps-in-risk-management-process/
https://continuingprofessionaldevelopment.org/risk-
management-steps-in-risk-management-process/
REPLY 2
0
Like
Lawrence Loftus (1)Nov 7, 2018 12:50 PM
What process should managers use to determine who the
stakeholders are in a project?
Well to me this a very simple answer. The manager needs to
determine who is involved with project as a whole. The
stakeholders are basically anyone who will be affected by the
projects success or failure. So the important factor really is who
do you want to be involved and at what levels.
An important aspect of planning a project is to identify the risks
that could be involved if the project is undertaken. Discuss the
process that should be taken in the project risk management
phase. How can this process identify potential ethical and legal
issues that are uncovered?
To begin you want to determine what are the risk factors, create
your risk management plans with the degrees of highlighted
risk. This allows to generate what possible outcomes can and
probably will occur and you can than identify what ethical or
legal risks may be a factor for the project.
IP 2
4 PAGES
Winsome Manufacturing Company produces plastic storage
containers and sells them to the home consumer through home
sales events. At the company’s quarterly meeting, the head of
marketing described a new product to be introduced in the first
quarter of the next fiscal year, approximately 9 months from
now. The product will be a room-sized plastic storage unit
suitable to the outside of the home; it is similar to a
competitor’s product but will have significantly more features.
This product will open new markets for the sales channel, lay
the foundation for add-on products, and generate new revenues.
Management has only seen preliminary sketches of the potential
product but they are very excited by the new product.
The project will require participation from the design,
production, purchasing, shipping, sales, and marketing
departments. Winsome Manufacturing owns a line of suitable
injection molds, so all manufacturing will be done in-house.
The project manager for this project has not yet been selected,
but that decision is expected to be made in the next week.
A preliminary project initiation meeting will result in the
identification of the project sponsor, selection of a project
manager, and creation of the project charter. A manager in the
production department who knows you are taking a college
project management course asks you to prepare a brief report to
help him prepare for the meeting by answering the following
questions:
Who are the project stakeholders? How will they be involved in
the project?
Who should be the project sponsor? Why?
From which department should the project manager come?
Why?
What skills and experience are likely needed by the project
manager for each phase in the project life cycle, and how do
they differ between the various phases?
What type of communication plan will likely be needed during
the project?
What information should be shared with the project
stakeholders?
What is the mechanism that could be used for each type of
information?
What is the frequency with which information should be shared?
What should be done if project communications are not proving
to be effective?
What technology could be used for project communications?
At what point could communication about the project become an
ethical or legal issue?
What information should be included in the following elements
of the project charter:
What is the problem the project proposes to address?
What business opportunity might project completion create?
What is the business case for undertaking the project?
What is the financial impact of the project?
What are the expected results of the project?
What value will the project add?
What are risks that might be involved with undertaking the
project?
What is the potential impact to the company if the project is not
undertaken?
Present your findings as a Word document of 4–5 pages (not
including title and reference pages) formatted in APA style.
Please submit your assignment.

More Related Content

Similar to Project Initiation Report for Winsome Manufacturing's New Storage Unit ProductStakeholders and Their InvolvementThe main stakeholders for this new storage unit project include departments across Winsome Manufacturing. The design, production, purchasing, shipping, sales, and marketing departments will all play key roles in the project's success. Their level of involvement will depend on the project phase. In the initiation phase, representatives from each department should be involved in high-level planning. In later phases, involvement will focus more on each department's specific tasks and deliverables. External stakeholders

FIN 340 Milestone One Guidelines and Rubric Overview.docx
FIN 340 Milestone One Guidelines and Rubric  Overview.docxFIN 340 Milestone One Guidelines and Rubric  Overview.docx
FIN 340 Milestone One Guidelines and Rubric Overview.docxssuser454af01
 
UNIT-II-Business opportunity Identification and Preliminary Project Report BB...
UNIT-II-Business opportunity Identification and Preliminary Project Report BB...UNIT-II-Business opportunity Identification and Preliminary Project Report BB...
UNIT-II-Business opportunity Identification and Preliminary Project Report BB...Reena Nath
 
How To Write An Essay In Mla
How To Write An Essay In MlaHow To Write An Essay In Mla
How To Write An Essay In MlaNicole King
 
Project Manager Inc. Real Estate Development
Project Manager Inc. Real Estate DevelopmentProject Manager Inc. Real Estate Development
Project Manager Inc. Real Estate Developmentinventionjournals
 
Project risk management_in_new_product_development
Project risk management_in_new_product_developmentProject risk management_in_new_product_development
Project risk management_in_new_product_developmentOmid Aminzadeh Gohari
 
Project risk management in new product development
Project risk management in new product developmentProject risk management in new product development
Project risk management in new product developmentOmid Aminzadeh Gohari
 
Assignment 1 LASA # 2—Capital Budgeting Techniques 12218As a .docx
Assignment 1 LASA # 2—Capital Budgeting Techniques 12218As a .docxAssignment 1 LASA # 2—Capital Budgeting Techniques 12218As a .docx
Assignment 1 LASA # 2—Capital Budgeting Techniques 12218As a .docxtrippettjettie
 
MBA 640 Final Project Guidelines and Rubric Overview .docx
MBA 640 Final Project Guidelines and Rubric  Overview .docxMBA 640 Final Project Guidelines and Rubric  Overview .docx
MBA 640 Final Project Guidelines and Rubric Overview .docxARIV4
 
Personal leadership - Lean startup, funding, business plan, new job
Personal leadership - Lean startup, funding, business plan, new jobPersonal leadership - Lean startup, funding, business plan, new job
Personal leadership - Lean startup, funding, business plan, new jobHocein
 
Management Consulting - Personal Growth & Leadership
Management Consulting - Personal Growth & LeadershipManagement Consulting - Personal Growth & Leadership
Management Consulting - Personal Growth & LeadershipHocein
 
Best College Admission Essay
Best College Admission EssayBest College Admission Essay
Best College Admission EssayDiana Marquez
 
DUE DILIGENCE CHECKLISTS (See Note 1 at end of document)Note .docx
DUE DILIGENCE CHECKLISTS (See Note 1 at end of document)Note .docxDUE DILIGENCE CHECKLISTS (See Note 1 at end of document)Note .docx
DUE DILIGENCE CHECKLISTS (See Note 1 at end of document)Note .docxjacksnathalie
 

Similar to Project Initiation Report for Winsome Manufacturing's New Storage Unit ProductStakeholders and Their InvolvementThe main stakeholders for this new storage unit project include departments across Winsome Manufacturing. The design, production, purchasing, shipping, sales, and marketing departments will all play key roles in the project's success. Their level of involvement will depend on the project phase. In the initiation phase, representatives from each department should be involved in high-level planning. In later phases, involvement will focus more on each department's specific tasks and deliverables. External stakeholders (13)

FIN 340 Milestone One Guidelines and Rubric Overview.docx
FIN 340 Milestone One Guidelines and Rubric  Overview.docxFIN 340 Milestone One Guidelines and Rubric  Overview.docx
FIN 340 Milestone One Guidelines and Rubric Overview.docx
 
UNIT-II-Business opportunity Identification and Preliminary Project Report BB...
UNIT-II-Business opportunity Identification and Preliminary Project Report BB...UNIT-II-Business opportunity Identification and Preliminary Project Report BB...
UNIT-II-Business opportunity Identification and Preliminary Project Report BB...
 
How To Write An Essay In Mla
How To Write An Essay In MlaHow To Write An Essay In Mla
How To Write An Essay In Mla
 
Project Manager Inc. Real Estate Development
Project Manager Inc. Real Estate DevelopmentProject Manager Inc. Real Estate Development
Project Manager Inc. Real Estate Development
 
Strategic plan
Strategic planStrategic plan
Strategic plan
 
Project risk management_in_new_product_development
Project risk management_in_new_product_developmentProject risk management_in_new_product_development
Project risk management_in_new_product_development
 
Project risk management in new product development
Project risk management in new product developmentProject risk management in new product development
Project risk management in new product development
 
Assignment 1 LASA # 2—Capital Budgeting Techniques 12218As a .docx
Assignment 1 LASA # 2—Capital Budgeting Techniques 12218As a .docxAssignment 1 LASA # 2—Capital Budgeting Techniques 12218As a .docx
Assignment 1 LASA # 2—Capital Budgeting Techniques 12218As a .docx
 
MBA 640 Final Project Guidelines and Rubric Overview .docx
MBA 640 Final Project Guidelines and Rubric  Overview .docxMBA 640 Final Project Guidelines and Rubric  Overview .docx
MBA 640 Final Project Guidelines and Rubric Overview .docx
 
Personal leadership - Lean startup, funding, business plan, new job
Personal leadership - Lean startup, funding, business plan, new jobPersonal leadership - Lean startup, funding, business plan, new job
Personal leadership - Lean startup, funding, business plan, new job
 
Management Consulting - Personal Growth & Leadership
Management Consulting - Personal Growth & LeadershipManagement Consulting - Personal Growth & Leadership
Management Consulting - Personal Growth & Leadership
 
Best College Admission Essay
Best College Admission EssayBest College Admission Essay
Best College Admission Essay
 
DUE DILIGENCE CHECKLISTS (See Note 1 at end of document)Note .docx
DUE DILIGENCE CHECKLISTS (See Note 1 at end of document)Note .docxDUE DILIGENCE CHECKLISTS (See Note 1 at end of document)Note .docx
DUE DILIGENCE CHECKLISTS (See Note 1 at end of document)Note .docx
 

More from mariuse18nolet

IRM 3305 Risk Management Theory and PracticeFall 2014Proje.docx
IRM 3305 Risk Management Theory and PracticeFall 2014Proje.docxIRM 3305 Risk Management Theory and PracticeFall 2014Proje.docx
IRM 3305 Risk Management Theory and PracticeFall 2014Proje.docxmariuse18nolet
 
Ironwood Company manufactures cast-iron barbeque cookware. During .docx
Ironwood Company manufactures cast-iron barbeque cookware. During .docxIronwood Company manufactures cast-iron barbeque cookware. During .docx
Ironwood Company manufactures cast-iron barbeque cookware. During .docxmariuse18nolet
 
IRM 3305 Risk Management Theory and PracticeGroup Project.docx
IRM 3305 Risk Management Theory and PracticeGroup Project.docxIRM 3305 Risk Management Theory and PracticeGroup Project.docx
IRM 3305 Risk Management Theory and PracticeGroup Project.docxmariuse18nolet
 
Iranian Women and GenderRelations in Los AngelesNAYEREH .docx
Iranian Women and GenderRelations in Los AngelesNAYEREH .docxIranian Women and GenderRelations in Los AngelesNAYEREH .docx
Iranian Women and GenderRelations in Los AngelesNAYEREH .docxmariuse18nolet
 
IRB HANDBOOK IRB A-Z Handbook E.docx
IRB HANDBOOK IRB A-Z Handbook  E.docxIRB HANDBOOK IRB A-Z Handbook  E.docx
IRB HANDBOOK IRB A-Z Handbook E.docxmariuse18nolet
 
IQuiz # II-Emerson QuizGeneral For Emerson, truth (or.docx
IQuiz # II-Emerson QuizGeneral For Emerson, truth (or.docxIQuiz # II-Emerson QuizGeneral For Emerson, truth (or.docx
IQuiz # II-Emerson QuizGeneral For Emerson, truth (or.docxmariuse18nolet
 
iPython 2For Beginners OnlyVersion 1.0Matthew .docx
iPython 2For Beginners OnlyVersion 1.0Matthew .docxiPython 2For Beginners OnlyVersion 1.0Matthew .docx
iPython 2For Beginners OnlyVersion 1.0Matthew .docxmariuse18nolet
 
Iranian Journal of Military Medicine Spring 2011, Volume 13, .docx
Iranian Journal of Military Medicine  Spring 2011, Volume 13, .docxIranian Journal of Military Medicine  Spring 2011, Volume 13, .docx
Iranian Journal of Military Medicine Spring 2011, Volume 13, .docxmariuse18nolet
 
IoT Referenceshttpswww.techrepublic.comarticlehow-to-secur.docx
IoT Referenceshttpswww.techrepublic.comarticlehow-to-secur.docxIoT Referenceshttpswww.techrepublic.comarticlehow-to-secur.docx
IoT Referenceshttpswww.techrepublic.comarticlehow-to-secur.docxmariuse18nolet
 
IP Subnet Design Project- ONLY QUALITY ASSIGNMENTS AND 0 PLAG.docx
IP Subnet Design Project- ONLY QUALITY ASSIGNMENTS AND 0 PLAG.docxIP Subnet Design Project- ONLY QUALITY ASSIGNMENTS AND 0 PLAG.docx
IP Subnet Design Project- ONLY QUALITY ASSIGNMENTS AND 0 PLAG.docxmariuse18nolet
 
IranAyatollahTheocracyTwelver ShiismVilayat-e Faghih (jur.docx
IranAyatollahTheocracyTwelver ShiismVilayat-e Faghih (jur.docxIranAyatollahTheocracyTwelver ShiismVilayat-e Faghih (jur.docx
IranAyatollahTheocracyTwelver ShiismVilayat-e Faghih (jur.docxmariuse18nolet
 
ipopulation monitoring in radiation emergencies a gui.docx
ipopulation monitoring in radiation emergencies a gui.docxipopulation monitoring in radiation emergencies a gui.docx
ipopulation monitoring in radiation emergencies a gui.docxmariuse18nolet
 
In Innovation as Usual How to Help Your People Bring Great Ideas .docx
In Innovation as Usual How to Help Your People Bring Great Ideas .docxIn Innovation as Usual How to Help Your People Bring Great Ideas .docx
In Innovation as Usual How to Help Your People Bring Great Ideas .docxmariuse18nolet
 
Investor’s Business Daily – Investors.comBloomberg Business – Blo.docx
Investor’s Business Daily –  Investors.comBloomberg Business – Blo.docxInvestor’s Business Daily –  Investors.comBloomberg Business – Blo.docx
Investor’s Business Daily – Investors.comBloomberg Business – Blo.docxmariuse18nolet
 
Invitation to Public Speaking, Fifth EditionChapter 8 Introdu.docx
Invitation to Public Speaking, Fifth EditionChapter 8 Introdu.docxInvitation to Public Speaking, Fifth EditionChapter 8 Introdu.docx
Invitation to Public Speaking, Fifth EditionChapter 8 Introdu.docxmariuse18nolet
 
Invitation to the Life SpanRead chapters 13 and 14.Objectives.docx
Invitation to the Life SpanRead chapters 13 and 14.Objectives.docxInvitation to the Life SpanRead chapters 13 and 14.Objectives.docx
Invitation to the Life SpanRead chapters 13 and 14.Objectives.docxmariuse18nolet
 
IOBOARD Week 2 Lab BPage 2 of 4Name _________________ Gr.docx
IOBOARD Week 2 Lab BPage 2 of 4Name _________________ Gr.docxIOBOARD Week 2 Lab BPage 2 of 4Name _________________ Gr.docx
IOBOARD Week 2 Lab BPage 2 of 4Name _________________ Gr.docxmariuse18nolet
 
INVITATION TO Computer Science 1 1 Chapter 17 Making .docx
INVITATION TO  Computer Science 1 1 Chapter 17 Making .docxINVITATION TO  Computer Science 1 1 Chapter 17 Making .docx
INVITATION TO Computer Science 1 1 Chapter 17 Making .docxmariuse18nolet
 
Investment Analysis & Portfolio Management AD 717 OLHomework E.docx
Investment Analysis & Portfolio Management AD 717 OLHomework E.docxInvestment Analysis & Portfolio Management AD 717 OLHomework E.docx
Investment Analysis & Portfolio Management AD 717 OLHomework E.docxmariuse18nolet
 
Investment BAFI 1042 Kevin Dorr 3195598 GOODMAN .docx
Investment BAFI 1042  Kevin Dorr 3195598  GOODMAN .docxInvestment BAFI 1042  Kevin Dorr 3195598  GOODMAN .docx
Investment BAFI 1042 Kevin Dorr 3195598 GOODMAN .docxmariuse18nolet
 

More from mariuse18nolet (20)

IRM 3305 Risk Management Theory and PracticeFall 2014Proje.docx
IRM 3305 Risk Management Theory and PracticeFall 2014Proje.docxIRM 3305 Risk Management Theory and PracticeFall 2014Proje.docx
IRM 3305 Risk Management Theory and PracticeFall 2014Proje.docx
 
Ironwood Company manufactures cast-iron barbeque cookware. During .docx
Ironwood Company manufactures cast-iron barbeque cookware. During .docxIronwood Company manufactures cast-iron barbeque cookware. During .docx
Ironwood Company manufactures cast-iron barbeque cookware. During .docx
 
IRM 3305 Risk Management Theory and PracticeGroup Project.docx
IRM 3305 Risk Management Theory and PracticeGroup Project.docxIRM 3305 Risk Management Theory and PracticeGroup Project.docx
IRM 3305 Risk Management Theory and PracticeGroup Project.docx
 
Iranian Women and GenderRelations in Los AngelesNAYEREH .docx
Iranian Women and GenderRelations in Los AngelesNAYEREH .docxIranian Women and GenderRelations in Los AngelesNAYEREH .docx
Iranian Women and GenderRelations in Los AngelesNAYEREH .docx
 
IRB HANDBOOK IRB A-Z Handbook E.docx
IRB HANDBOOK IRB A-Z Handbook  E.docxIRB HANDBOOK IRB A-Z Handbook  E.docx
IRB HANDBOOK IRB A-Z Handbook E.docx
 
IQuiz # II-Emerson QuizGeneral For Emerson, truth (or.docx
IQuiz # II-Emerson QuizGeneral For Emerson, truth (or.docxIQuiz # II-Emerson QuizGeneral For Emerson, truth (or.docx
IQuiz # II-Emerson QuizGeneral For Emerson, truth (or.docx
 
iPython 2For Beginners OnlyVersion 1.0Matthew .docx
iPython 2For Beginners OnlyVersion 1.0Matthew .docxiPython 2For Beginners OnlyVersion 1.0Matthew .docx
iPython 2For Beginners OnlyVersion 1.0Matthew .docx
 
Iranian Journal of Military Medicine Spring 2011, Volume 13, .docx
Iranian Journal of Military Medicine  Spring 2011, Volume 13, .docxIranian Journal of Military Medicine  Spring 2011, Volume 13, .docx
Iranian Journal of Military Medicine Spring 2011, Volume 13, .docx
 
IoT Referenceshttpswww.techrepublic.comarticlehow-to-secur.docx
IoT Referenceshttpswww.techrepublic.comarticlehow-to-secur.docxIoT Referenceshttpswww.techrepublic.comarticlehow-to-secur.docx
IoT Referenceshttpswww.techrepublic.comarticlehow-to-secur.docx
 
IP Subnet Design Project- ONLY QUALITY ASSIGNMENTS AND 0 PLAG.docx
IP Subnet Design Project- ONLY QUALITY ASSIGNMENTS AND 0 PLAG.docxIP Subnet Design Project- ONLY QUALITY ASSIGNMENTS AND 0 PLAG.docx
IP Subnet Design Project- ONLY QUALITY ASSIGNMENTS AND 0 PLAG.docx
 
IranAyatollahTheocracyTwelver ShiismVilayat-e Faghih (jur.docx
IranAyatollahTheocracyTwelver ShiismVilayat-e Faghih (jur.docxIranAyatollahTheocracyTwelver ShiismVilayat-e Faghih (jur.docx
IranAyatollahTheocracyTwelver ShiismVilayat-e Faghih (jur.docx
 
ipopulation monitoring in radiation emergencies a gui.docx
ipopulation monitoring in radiation emergencies a gui.docxipopulation monitoring in radiation emergencies a gui.docx
ipopulation monitoring in radiation emergencies a gui.docx
 
In Innovation as Usual How to Help Your People Bring Great Ideas .docx
In Innovation as Usual How to Help Your People Bring Great Ideas .docxIn Innovation as Usual How to Help Your People Bring Great Ideas .docx
In Innovation as Usual How to Help Your People Bring Great Ideas .docx
 
Investor’s Business Daily – Investors.comBloomberg Business – Blo.docx
Investor’s Business Daily –  Investors.comBloomberg Business – Blo.docxInvestor’s Business Daily –  Investors.comBloomberg Business – Blo.docx
Investor’s Business Daily – Investors.comBloomberg Business – Blo.docx
 
Invitation to Public Speaking, Fifth EditionChapter 8 Introdu.docx
Invitation to Public Speaking, Fifth EditionChapter 8 Introdu.docxInvitation to Public Speaking, Fifth EditionChapter 8 Introdu.docx
Invitation to Public Speaking, Fifth EditionChapter 8 Introdu.docx
 
Invitation to the Life SpanRead chapters 13 and 14.Objectives.docx
Invitation to the Life SpanRead chapters 13 and 14.Objectives.docxInvitation to the Life SpanRead chapters 13 and 14.Objectives.docx
Invitation to the Life SpanRead chapters 13 and 14.Objectives.docx
 
IOBOARD Week 2 Lab BPage 2 of 4Name _________________ Gr.docx
IOBOARD Week 2 Lab BPage 2 of 4Name _________________ Gr.docxIOBOARD Week 2 Lab BPage 2 of 4Name _________________ Gr.docx
IOBOARD Week 2 Lab BPage 2 of 4Name _________________ Gr.docx
 
INVITATION TO Computer Science 1 1 Chapter 17 Making .docx
INVITATION TO  Computer Science 1 1 Chapter 17 Making .docxINVITATION TO  Computer Science 1 1 Chapter 17 Making .docx
INVITATION TO Computer Science 1 1 Chapter 17 Making .docx
 
Investment Analysis & Portfolio Management AD 717 OLHomework E.docx
Investment Analysis & Portfolio Management AD 717 OLHomework E.docxInvestment Analysis & Portfolio Management AD 717 OLHomework E.docx
Investment Analysis & Portfolio Management AD 717 OLHomework E.docx
 
Investment BAFI 1042 Kevin Dorr 3195598 GOODMAN .docx
Investment BAFI 1042  Kevin Dorr 3195598  GOODMAN .docxInvestment BAFI 1042  Kevin Dorr 3195598  GOODMAN .docx
Investment BAFI 1042 Kevin Dorr 3195598 GOODMAN .docx
 

Recently uploaded

Atmosphere science 7 quarter 4 .........
Atmosphere science 7 quarter 4 .........Atmosphere science 7 quarter 4 .........
Atmosphere science 7 quarter 4 .........LeaCamillePacle
 
MULTIDISCIPLINRY NATURE OF THE ENVIRONMENTAL STUDIES.pptx
MULTIDISCIPLINRY NATURE OF THE ENVIRONMENTAL STUDIES.pptxMULTIDISCIPLINRY NATURE OF THE ENVIRONMENTAL STUDIES.pptx
MULTIDISCIPLINRY NATURE OF THE ENVIRONMENTAL STUDIES.pptxAnupkumar Sharma
 
Alper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentAlper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentInMediaRes1
 
Romantic Opera MUSIC FOR GRADE NINE pptx
Romantic Opera MUSIC FOR GRADE NINE pptxRomantic Opera MUSIC FOR GRADE NINE pptx
Romantic Opera MUSIC FOR GRADE NINE pptxsqpmdrvczh
 
Difference Between Search & Browse Methods in Odoo 17
Difference Between Search & Browse Methods in Odoo 17Difference Between Search & Browse Methods in Odoo 17
Difference Between Search & Browse Methods in Odoo 17Celine George
 
Computed Fields and api Depends in the Odoo 17
Computed Fields and api Depends in the Odoo 17Computed Fields and api Depends in the Odoo 17
Computed Fields and api Depends in the Odoo 17Celine George
 
Influencing policy (training slides from Fast Track Impact)
Influencing policy (training slides from Fast Track Impact)Influencing policy (training slides from Fast Track Impact)
Influencing policy (training slides from Fast Track Impact)Mark Reed
 
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...JhezDiaz1
 
Solving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptxSolving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptxOH TEIK BIN
 
HỌC TỐT TIẾNG ANH 11 THEO CHƯƠNG TRÌNH GLOBAL SUCCESS ĐÁP ÁN CHI TIẾT - CẢ NĂ...
HỌC TỐT TIẾNG ANH 11 THEO CHƯƠNG TRÌNH GLOBAL SUCCESS ĐÁP ÁN CHI TIẾT - CẢ NĂ...HỌC TỐT TIẾNG ANH 11 THEO CHƯƠNG TRÌNH GLOBAL SUCCESS ĐÁP ÁN CHI TIẾT - CẢ NĂ...
HỌC TỐT TIẾNG ANH 11 THEO CHƯƠNG TRÌNH GLOBAL SUCCESS ĐÁP ÁN CHI TIẾT - CẢ NĂ...Nguyen Thanh Tu Collection
 
EPANDING THE CONTENT OF AN OUTLINE using notes.pptx
EPANDING THE CONTENT OF AN OUTLINE using notes.pptxEPANDING THE CONTENT OF AN OUTLINE using notes.pptx
EPANDING THE CONTENT OF AN OUTLINE using notes.pptxRaymartEstabillo3
 
Types of Journalistic Writing Grade 8.pptx
Types of Journalistic Writing Grade 8.pptxTypes of Journalistic Writing Grade 8.pptx
Types of Journalistic Writing Grade 8.pptxEyham Joco
 
ACC 2024 Chronicles. Cardiology. Exam.pdf
ACC 2024 Chronicles. Cardiology. Exam.pdfACC 2024 Chronicles. Cardiology. Exam.pdf
ACC 2024 Chronicles. Cardiology. Exam.pdfSpandanaRallapalli
 
Crayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon ACrayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon AUnboundStockton
 
Gas measurement O2,Co2,& ph) 04/2024.pptx
Gas measurement O2,Co2,& ph) 04/2024.pptxGas measurement O2,Co2,& ph) 04/2024.pptx
Gas measurement O2,Co2,& ph) 04/2024.pptxDr.Ibrahim Hassaan
 
Keynote by Prof. Wurzer at Nordex about IP-design
Keynote by Prof. Wurzer at Nordex about IP-designKeynote by Prof. Wurzer at Nordex about IP-design
Keynote by Prof. Wurzer at Nordex about IP-designMIPLM
 

Recently uploaded (20)

Atmosphere science 7 quarter 4 .........
Atmosphere science 7 quarter 4 .........Atmosphere science 7 quarter 4 .........
Atmosphere science 7 quarter 4 .........
 
MULTIDISCIPLINRY NATURE OF THE ENVIRONMENTAL STUDIES.pptx
MULTIDISCIPLINRY NATURE OF THE ENVIRONMENTAL STUDIES.pptxMULTIDISCIPLINRY NATURE OF THE ENVIRONMENTAL STUDIES.pptx
MULTIDISCIPLINRY NATURE OF THE ENVIRONMENTAL STUDIES.pptx
 
Alper Gobel In Media Res Media Component
Alper Gobel In Media Res Media ComponentAlper Gobel In Media Res Media Component
Alper Gobel In Media Res Media Component
 
Romantic Opera MUSIC FOR GRADE NINE pptx
Romantic Opera MUSIC FOR GRADE NINE pptxRomantic Opera MUSIC FOR GRADE NINE pptx
Romantic Opera MUSIC FOR GRADE NINE pptx
 
Difference Between Search & Browse Methods in Odoo 17
Difference Between Search & Browse Methods in Odoo 17Difference Between Search & Browse Methods in Odoo 17
Difference Between Search & Browse Methods in Odoo 17
 
Computed Fields and api Depends in the Odoo 17
Computed Fields and api Depends in the Odoo 17Computed Fields and api Depends in the Odoo 17
Computed Fields and api Depends in the Odoo 17
 
Raw materials used in Herbal Cosmetics.pptx
Raw materials used in Herbal Cosmetics.pptxRaw materials used in Herbal Cosmetics.pptx
Raw materials used in Herbal Cosmetics.pptx
 
Influencing policy (training slides from Fast Track Impact)
Influencing policy (training slides from Fast Track Impact)Influencing policy (training slides from Fast Track Impact)
Influencing policy (training slides from Fast Track Impact)
 
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...
 
Solving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptxSolving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptx
 
HỌC TỐT TIẾNG ANH 11 THEO CHƯƠNG TRÌNH GLOBAL SUCCESS ĐÁP ÁN CHI TIẾT - CẢ NĂ...
HỌC TỐT TIẾNG ANH 11 THEO CHƯƠNG TRÌNH GLOBAL SUCCESS ĐÁP ÁN CHI TIẾT - CẢ NĂ...HỌC TỐT TIẾNG ANH 11 THEO CHƯƠNG TRÌNH GLOBAL SUCCESS ĐÁP ÁN CHI TIẾT - CẢ NĂ...
HỌC TỐT TIẾNG ANH 11 THEO CHƯƠNG TRÌNH GLOBAL SUCCESS ĐÁP ÁN CHI TIẾT - CẢ NĂ...
 
EPANDING THE CONTENT OF AN OUTLINE using notes.pptx
EPANDING THE CONTENT OF AN OUTLINE using notes.pptxEPANDING THE CONTENT OF AN OUTLINE using notes.pptx
EPANDING THE CONTENT OF AN OUTLINE using notes.pptx
 
Model Call Girl in Bikash Puri Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Bikash Puri  Delhi reach out to us at 🔝9953056974🔝Model Call Girl in Bikash Puri  Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Bikash Puri Delhi reach out to us at 🔝9953056974🔝
 
Types of Journalistic Writing Grade 8.pptx
Types of Journalistic Writing Grade 8.pptxTypes of Journalistic Writing Grade 8.pptx
Types of Journalistic Writing Grade 8.pptx
 
ACC 2024 Chronicles. Cardiology. Exam.pdf
ACC 2024 Chronicles. Cardiology. Exam.pdfACC 2024 Chronicles. Cardiology. Exam.pdf
ACC 2024 Chronicles. Cardiology. Exam.pdf
 
OS-operating systems- ch04 (Threads) ...
OS-operating systems- ch04 (Threads) ...OS-operating systems- ch04 (Threads) ...
OS-operating systems- ch04 (Threads) ...
 
Crayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon ACrayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon A
 
9953330565 Low Rate Call Girls In Rohini Delhi NCR
9953330565 Low Rate Call Girls In Rohini  Delhi NCR9953330565 Low Rate Call Girls In Rohini  Delhi NCR
9953330565 Low Rate Call Girls In Rohini Delhi NCR
 
Gas measurement O2,Co2,& ph) 04/2024.pptx
Gas measurement O2,Co2,& ph) 04/2024.pptxGas measurement O2,Co2,& ph) 04/2024.pptx
Gas measurement O2,Co2,& ph) 04/2024.pptx
 
Keynote by Prof. Wurzer at Nordex about IP-design
Keynote by Prof. Wurzer at Nordex about IP-designKeynote by Prof. Wurzer at Nordex about IP-design
Keynote by Prof. Wurzer at Nordex about IP-design
 

Project Initiation Report for Winsome Manufacturing's New Storage Unit ProductStakeholders and Their InvolvementThe main stakeholders for this new storage unit project include departments across Winsome Manufacturing. The design, production, purchasing, shipping, sales, and marketing departments will all play key roles in the project's success. Their level of involvement will depend on the project phase. In the initiation phase, representatives from each department should be involved in high-level planning. In later phases, involvement will focus more on each department's specific tasks and deliverables. External stakeholders

  • 1. IP 1....4-6 PAGES BUT 4 IS ENOUGH In 1999, a Seattle man took a popular soft-drink company seriously when one of its commercials made an offer of a Harrier jet, the famous high-tech jump jet used by the U.S. Marines. In a television commercial that aired in 1995, the company jokingly included the Harrier as one of the prizes that could be received with a mere 7 million company points. Although that sounds like a lot of points to get from drinking the soft drink company's products (roughly 190 drinks a day for 100 years), the company also allowed customers to purchase points for 10 cents each. The man did the math and discovered that the cost of the 7 million points needed for the jet was $700,000. He then put together a business plan, raised the $700,000 from friends and family, and submitted 15 points, the check, and an official order form with a demand for the Harrier jet. The company wrote back, stating that the Harrier jet in the commercial was simply used to create a humorous and entertaining advertisement. They apologized for any misunderstanding or confusion people may have experienced and enclosed some free product coupons. The free coupons did not satisfy the man, who then took the soft drink company to court. Finally, a federal judge for the Southern District of New York held that the company was only joking when it implied in its ad that it was giving away fighter jets. The judge noted that because the jets sell for approximately $23 million, no one could have concluded that the commercial actually offered consumers a Harrier jet. Instead, this was a classic example of a deal that was too good
  • 2. to be true. Write a paper of 4–6 body pages that answers the following questions, including an in-depth explanation of the supporting rationale: What are the key legal factors present in the scenario? What are the 4 elements of a valid contract? How do they relate to the scenario in question? What is the objective theory of contracts? How does the objective theory of contracts apply to this case? In your own words but based on research and analysis of relevant legal concepts and cases, why do you think the court held that there was not a valid agreement in this scenario? Provide support for your position. Are advertisements generally considered offers? Explain. How does this case differ from a reward situation in which a unilateral contract is formed upon completion of the requested act? What recommendations (at least 2) would you make for a company considering an aggressive marketing campaign w ith giveaways of high value items? Explain the rationale behind each recommendation. Your submitted assignment (200 points) must include a Word document of 4–6 body pages that contains your answers to the questions listed and a reference list of any sources that you used
  • 3. within your paper (cited properly in APA format). DISCUSSION 1 Assignment Details This DB has two parts. What process should managers use to determine who the stakeholders are in a project? An important aspect of planning a project is to identify the risks that could be involved if the project is undertaken. Discuss the process that should be taken in the project risk management phase. How can this process identify potential ethical and legal issues that are uncovered? READ AND REPLY TOO EACH DISCUSSION BY AGREEING OR DISAGREEING WITH THE POST AND WHY? REPLY 1 This DB has two parts. What process should managers use to determine who the
  • 4. stakeholders are in a project? Before choosing a process of identifying stakeholders one must first understand that stakeholders are the individuals, groups, corporations, or communities that are affected by the project. From there managers can brainstorm with the project team or by them selves to identify and analyze who the stakeholders are, rank the stakeholders by importance to the project, and identify which stakeholders have the most influence over the project. This information is used to create a stakeholder registry and a stakeholder management plan. An important aspect of planning a project is to identify the risks that could be involved if the project is undertaken. Discuss the process that should be taken in the project risk management phase. The process to identify, evaluate and prepare for risks during the risk management phase is usually recognized as a five step process. The five steps are; identifying the risks, analyzing the risks, ranking the risks, planning responses to risks, and monitoring the risks. (Kloosterman, n.d.) This allows for adequate planning for events that may potentially take place so that they can be mitigated, avoided, or faced head on if need be. How can this process identify potential ethical and legal issues that are uncovered? When trying to identify risks to any project it is a good idea to research the legal and ethical issues involved with the project as to ensure that the stakeholders, team, or project manager is held legally responsible for actions that are taken during a project. If any areas that put any stakeholders at risk for legal or ethical violations are discovered, the project can be altered to ensure that there are no violations caused by the project.
  • 5. References Kloosterman, V. (n.d.). Risk Management Steps . Retrieved from Continuing Professional Development Organization: https://continuingprofessionaldevelopment.org/risk- management-steps-in-risk-management-process/ https://continuingprofessionaldevelopment.org/risk- management-steps-in-risk-management-process/ REPLY 2 0 Like Lawrence Loftus (1)Nov 7, 2018 12:50 PM What process should managers use to determine who the stakeholders are in a project? Well to me this a very simple answer. The manager needs to determine who is involved with project as a whole. The stakeholders are basically anyone who will be affected by the projects success or failure. So the important factor really is who do you want to be involved and at what levels. An important aspect of planning a project is to identify the risks that could be involved if the project is undertaken. Discuss the process that should be taken in the project risk management
  • 6. phase. How can this process identify potential ethical and legal issues that are uncovered? To begin you want to determine what are the risk factors, create your risk management plans with the degrees of highlighted risk. This allows to generate what possible outcomes can and probably will occur and you can than identify what ethical or legal risks may be a factor for the project. IP 2 4 PAGES Winsome Manufacturing Company produces plastic storage containers and sells them to the home consumer through home sales events. At the company’s quarterly meeting, the head of marketing described a new product to be introduced in the first quarter of the next fiscal year, approximately 9 months from now. The product will be a room-sized plastic storage unit suitable to the outside of the home; it is similar to a competitor’s product but will have significantly more features. This product will open new markets for the sales channel, lay the foundation for add-on products, and generate new revenues. Management has only seen preliminary sketches of the potential product but they are very excited by the new product. The project will require participation from the design, production, purchasing, shipping, sales, and marketing departments. Winsome Manufacturing owns a line of suitable injection molds, so all manufacturing will be done in-house. The project manager for this project has not yet been selected,
  • 7. but that decision is expected to be made in the next week. A preliminary project initiation meeting will result in the identification of the project sponsor, selection of a project manager, and creation of the project charter. A manager in the production department who knows you are taking a college project management course asks you to prepare a brief report to help him prepare for the meeting by answering the following questions: Who are the project stakeholders? How will they be involved in the project? Who should be the project sponsor? Why? From which department should the project manager come? Why? What skills and experience are likely needed by the project manager for each phase in the project life cycle, and how do they differ between the various phases? What type of communication plan will likely be needed during the project? What information should be shared with the project stakeholders? What is the mechanism that could be used for each type of information? What is the frequency with which information should be shared? What should be done if project communications are not proving
  • 8. to be effective? What technology could be used for project communications? At what point could communication about the project become an ethical or legal issue? What information should be included in the following elements of the project charter: What is the problem the project proposes to address? What business opportunity might project completion create? What is the business case for undertaking the project? What is the financial impact of the project? What are the expected results of the project? What value will the project add? What are risks that might be involved with undertaking the project? What is the potential impact to the company if the project is not undertaken? Present your findings as a Word document of 4–5 pages (not including title and reference pages) formatted in APA style.
  • 9. Please submit your assignment.